Apr 11, 2019 (AB Digital via COMTEX) — Drug of Abuse Testing Market by Application Reach Healthy CAGR by Growing Demand of Analyzers by Product-Services, Testing Type, Growth, Trends and Forecast
Drug of abuse testing is based on diagnosing drug addiction, also called substance use disorder, requiring a thorough evaluation and often includes an assessment by a psychiatrist, a psychologist, or a licensed alcohol and drug counselor. Blood, urine or other lab tests are used to assess drug use, but they’re not a diagnostic test for addiction. These tests may be used for monitoring treatment.
Globally the market for drug of abuse testing is expected to grow at 5.3% GAGR from 2016 to 2020.
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Latest Industry News
- To protect privacy, Oak Creek-Franklin School District is going to start a new random drug-testing program 2019-20 school year, in which oral swabs, not urine cups, will be used to test student-athletes and other school-activity participants. 28 NOV 2018
- Despite the absence of any law requiring mandatory drug testing for elementary and high school students, a Filipino leader Sen. Nancy Binay is mulling the idea to establish a comprehensive program for the prevention and treatment of tobacco, alcohol and drug dependents in all high schools, colleges, and universities. 3 NOV 2018
The factor which may influence the growth of the drug of abuse testing market is increased use of drug testing at organizational level, increased production and trade of illicit drugs worldwide and others.
Key Players for Drug of Abuse Testing Market:
Some of the key players in this market are: Roche Holding Limited, Quest Diagnostics, Laboratory Corporation of America Holdings, Alere Inc, Abbott Laboratories, Randox Laboratories Ltd, Psychemedics Corporation, Bio-Rad Laboratories, Inc, Sonic Healthcare and Thermo Fisher Scientific Inc.
Global drug of abuse testing market is mainly segmented into test type and samples.
Furthermore the test type is segmented into onsite screening test and laboratory drug testing.
On the bases of samples the market is segmented into urine, hair, saliva and others.
The global drug of abuse testing market is expected to reach $3.0 billion in 2020, mainly driven by increased use of illicit drugs and need of drug abuse testing at organizational level.
Onsite testing market is more than double the size of laboratory testing due to ease of use, cost effectiveness and immediate results.
Urine followed by saliva is the most common specimen used in the drug of abuse testing. Hair as a specimen is also becoming a more effective way for testing long term drug use.
North America was the largest market by geography for drug abuse testing in 2014, with 76.4% share of the total market
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Study Objectives of the Market:
To provide detailed analysis of the market structure along with forecast for the next 9 years of the various segments and sub-segments of the drug of abuse testing market
To provide insights about factors affecting the market growth
To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide forecast revenue of the market segments and sub-segments with respect to the main geography and various regions globally.
To provide regional level analysis of the market with respect to the current market size and future prospective
To provide regional level analysis of the market for segments by test type, by sample and its sub-segments.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global drug of abuse testing market.
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