Drug Screening Market Set to Record Exponential Growth by 2027

Comments · 246 Views

These devices are used to restore joint movement, implant skeletal structure, and restore the mobility of individuals effectively.

Drug Screening Market

The increased use of drugs and alcohol, the implementation of strict laws requiring drug and alcohol testing are all contributing towards the growth of the global drug screening market in the near future. Besides, regulatory approvals and government support in important markets are estimated to encourage expansion of the market in the years to come. Restrictions on alcohol consumption in various Islamic nations and the ban on drug testing at office premises in other locations, on the other hand, are two important concerns that could stymie expansion of the global drug screening market in the near future.

Request a Sample of Drug Screening Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=Srep_id=63168

Growing rates of drug usage among adults and teenagers in developing nations such as China have impacted employment and hampered the country's economic position, which is likely to come up as a major factor adding to market growth. Furthermore, non-profit groups and government concentrate their efforts on sponsoring drug screening projects, thereby enhancing drug screening methods. Despite the high development rate of this industry, certain political as well as social decisions may limit market expansion. Political decisions such as the prohibition of alcohol usage in certain nations, for example, may have a detrimental impact in the near future. COVID-19 has caused major disruptions in economic as well as business activity around the world, and it is projected to have a temporary detrimental impact on the global drug screening market.

Enquiry before Buying Drug Screening Market Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=EBrep_id=63168

Global Drug Screening Market: Overview

Drug screening tests help to analyze and diagnose biological samples such as blood, hair, and urine and detect presence of drugs of abuse or its metabolites in the body of patients. These tests are conducted in order to ascertain if a person is or was under the influence of a drug at a certain point of time. Technological advancements in drug screening devices have enabled end-users to acquire accurate results.

Global Drug Screening Market: Key Trends

Factors such as increase in alcohol consumption among the youth and elderly population, over usage of prescribed drugs, and rise in use of narcotics and illicit drugs propel the global drug screening market. Moreover, increase in competition among manufacturers fuels the growth of the global market. Manufacturers are engaged in the development of innovative products in broader categories to capture higher market share. In 2016, Alere, Inc. developed point-of-care testing device, the xReader, for work-place drug testing. In the very next year, the company developed Alere iCup Rx Drug Screen for detection of commonly misused as well as abused prescription drugs. Moreover, technological advancements are expected to propel the global drug screening market in the near future. However, increase in awareness about driving under the influence of drugs and ban on alcohol and drugs at workplace government organizations are likely to hamper market growth during the forecast period.

Request For Discount - https://www.transparencymarketresearch.com/sample/sample.php?flag=Drep_id=63168


Global Drug Screening Market: Segmentation

The global drug screening market can be segmented based on equipment services, sample, end-user, and region. In terms of equipment services, the global market can be classified into breath analyzers, immunoassay analyzers, rapid testing devices, chromatography instruments, and urine testing devices. The breath analyzers segment can be divided into fuel cell breath analyzers, semiconductor breath analyzers, and others. The rapid testing devices segment can be bifurcated into urine testing devices and oral fluid/saliva testing devices. The urine testing devices sub-segment can be categorized into urine testing cups, cassettes, and others. Based on sample, the global drug screening market can be classified into oral fluid sample, urine sample, breath sample, hair sample, and others. In terms of end-user, the global market can be divided into hospitals, workplace school, criminal justice law enforcement agencies, drug treatment centers, drug testing laboratories, pain management centers, and personal users.

Pre-book Drug Screening Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=63168ltype=S

Global Drug Screening Market: Regional Analysis

In terms of region, the global drug screening market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. North America is projected to account for major market share in 2018 owing to the presence of leading manufacturers such as Alere, Inc. in the region. Large number of mergers and acquisitions by key players are anticipated to propel the market in North America. The market in Asia Pacific is expected to expand at a high CAGR in the near future due to the presence of leading manufacturers. In 2016, Alere Medical Pvt. Ltd. inaugurated an integrated facility in India for the manufacture of rapid point-of-care diagnostic devices.

Global Drug Screening Market: Competitive Landscape

Major players in the global drug screening market include Danaher Corporation, Express Diagnostics International, Inc., SureHire, Thermo Fisher Scientific, Siemens Healthineers, Quest Diagnostics, Alfa Scientific Designs, Omega Laboratories, Abbott Laboratories, F. Hoffmann-La Roche AG, and OraSure.

More Trending Reports by Transparency Market Research:




About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com