Global Drug Screening Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc

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Global Drug Screening Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc

October 18
20:00 2022
Global Drug Screening Market  Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc
Global Drug Screening Market Report and Forecast 2022-2027
Global Drug Screening Market Size to Grow at a CAGR of 8.2% in the Forecast Period of 2022-2027

The ‘Global Drug Screening Market Size, Report and Forecast 2022-2027’ by Expert Market Research, gives an extensive outlook of the global drug screening market, assessing on the basis of its segments like products and services, sample type, end-user, and major regions.

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 6.61 billion
• Forecast CAGR (2022-2027): 8.2%
• Forecast Market Size (2027): USD 10.6 billion

Growing rates of drug use among adults and teenagers have a negative impact on their health, as well as their employment and economy, which is likely to be a major factor contributing to market growth. Additionally, many governments and non-profit organisations focus their efforts on funding drug testing initiatives and improving drug testing procedures. Despite fast growth,
political and social decisions might hinder the market.

Technological advancements in methods of drug testing are projected to supplement the growth of the global drug screening market in coming years. Due to the popularity of current drug testing methods, many users find ways to circumvent the tests, resulting in the need for more technologically advanced drug testing modes.

With greater awareness regarding the dangers of driving and working while under the influence of drugs, many workplaces, colleges, and governmental organisations are implementing drug testing protocols, driving the growth of the global drug screening market. Professional athletes sometimes use performance increasing drugs like HGH and steroids, which can be detected during a drug test, increasing the demand for drug screening.

Drug Screening Industry Definition and Major Segments

Drug screening is the screening process for a biological specimen, such as urine, blood, breath, sweat, hair, or oral fluid/saliva, to determine whether a specific drug or its metabolites are present or absent. Drug tests are available in a variety of types and are used for many different purposes.

Read Full Report with Table of Contents – https://bityl.co/F8bS

Based on products and services, the market is segmented into:

  • Drug Screening Product
    • Analytical Instruments
    • Rapid Testing Devices
    • Oral Fluid Testing Devices
    • Consumables
  •  Drug Screening Service

Based on sample type, the market is divided into:

• Urine Samples
• Breath Samples
• Oral Fluid Samples
• Hair Samples
• Other

Based on end users, the market is divided into:

• Drug Testing Laboratories
• Criminal Justice and Law Enforcement Agencies
• Workplaces
• Hospitals
• Individual Users
• Drug Treatment Centres
• Pain Management Centres
• Schools and Colleges

The major regional markets include:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Drug Screening Market Trends

The global drug screening market is expected to expand as demand for immunoassay analysers in hospitals and clinical laboratories increases. Immunoassay tests use antibodies or antigens to detect the presence of drugs. They are inexpensive, quick to process, and are most commonly used for preliminary screening, providing a simple yes or no response.

An antibody is used as a reagent in immunoassay analysers to identify and detect the level of concentration of particular substances in a sample. These devices can perform a variety of tests, such as cancer screening, allergy testing, and therapeutic drug monitoring.As law enforcement uses breathalysers more frequently, the global drug screening market is expected to grow. Law enforcement personnel use the device to determine how much alcohol is in the systems of suspects. In certain regions where drug testing at workplaces is banned, the expansion of the market for drug screening may be restricted.

At a regional level, the drug screening market is expected to a have a significant presence in North America. This is due to the rising use of drugs, regulations that support drug screening, increased number of accidents because of alcohol, and government funding for combating drug abuse.

Key Market Players

The major players in the global drug screening market report include:

  • Laboratory Corporation of America® Holdings
  • Quest Diagnostics
  • Abbott Laboratories
  • Thermo Fisher Scientific Inc
  • Alfa Scientific Designs Inc
  • OraSure Technologies, Inc
  • F. Hoffmann-La Roche Ltd
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers, and acquisitions, among other latest developments of the major market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data
collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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