“Global Drug Screening Market By Product & Services(Drug Screening Products, Drug Screening Services), Sample Type (Urine, Breathe, Oral Fluid, Hair, Other), End User (Workplace, Criminal Justice Systems and Law Enforcement Agencies, Drug Treatment Centers, Pain Management Centers, Schools and Colleges, Hospitals, Individual Users, Drug Testing Laboratories), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa)” and Global Forecast 2018-2025.
The global drug screening market valued USD 5.45 Billion in 2017 and is projected to hold USD 10.21 Billion by 2025 at a CAGR of 11.87% during the forecast period from 2018-2025. Prominent drivers that fuel the growth of drug screening market are:
Increasing drug & alcohol consumption
Government rules for drug and alcohol testing
Availability of government funding in major markets
Government approvals & product launches and services
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Market Inspection:Drug screening is used in health sectors to check the presence of alcohol in the human body. The specialists use various methods such as blood tests, urine test, or any other medical check-ups for this screening. Due to development of new technologies providing the users precise and accurate results, the process of drug screening devices has improved. The estimates from the United Nations Office on Drugs and Crime shows that about 5% of the global adult population, at least once in their lifetime, has consumed the drugs that are strictly banned. For the reason, government authorities are recommending the drug screening in public, corporate workplace, rehabilitation centers, and other places. This initiation by the government and organizations has increased the drug screening market.
According to evaluation, an increasing number of smart homes and rapid explosion of multifunctional devices could drive drug screening market. The chief factors driving the drug screening market include rising consumption of drug & alcohol, enforcement of stringent laws, mandating drug and alcohol testing, and regulatory approvals & product launches and services. Moreover, the presence of government funding in leading markets is projected to aid the growth of drug screening market in a couple of years. Several Islamic countries have restricted the consumption of alcohol and some countries have banned workplace drug testing. These two factors may generate barrier om the market growth. Furthermore, the development of fingerprint-based drug screening and oral fluid testing may boost the drug screening market over the forecast period.
The global drug screening market is segmented by product & services, sample type, end user, and regions. Analytical instruments segment may obtain a market share of 34.13% from 2018 to 2025. Drug Screening Products segment is sub-classified into analytical instruments, rapid testing devices, and consumables. The analytical instruments include immunoanalyzers, chromatography instruments, and breathalyzers. Analytical instruments segment is expected to reach the highest CAGR over the forecast period. The growing consumption of alcohol and drunk driving cases, government regulation mandating drug and alcohol testing are the key drivers of the analytical instruments segment.
Oral fluid is anticipated to hit the highest CAGR of 14.01% over the forecast period. Sample type segment contains urine, breathe, oral fluid, hair, and others. the convenient collection method, no specific requirement for sample collection, and low risk of sample adulteration are the key reasons behind the growing preference for oral fluid samples.
Regional Segmentation Analysis:
The major segments included in the market are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. In 2017, North America registered approximately 28.41%, the largest market share. Following factors led to the growth of drug screening market in this region:
Growing consumption of illicit drugs
Presence of government funding to reduce drug addiction
Presence of laws supporting drug screening
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Market competition by top players covers following key players:
Alere, Inc., Drägerwerk AG & Co. KGAA, Abbott Laboratories, Hoffmann-La Roche AG, Biorad Laboratories, Inc., Siemens AG, Thermo Fisher Scientific, Inc., Danaher Corporation, Quest Diagnostics Incorporated and, Express Diagnostics International Inc., Drägerwerk AG & Co. KGaA, OraSure, Alfa Scientific Designs, Psychemedics, CRL, and SureHire.ides a complete estimation of CAGR of the concerned period in percentages.
The global drug screening market report is the key document for industries/clients to understand current global competitive market status. The market research report provides a complete estimation of CAGR of the concerned period in percentages.
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