A recent report published by Infinium Global Research on the drug
of abuse testing market provides an in-depth analysis of segments and sub-segments
in the global as well as a regional drug of abuse testing market. The study
also highlights the impact of drivers, restraints, and macro indicators on the
global and regional drug of abuse testing market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of the global drug of abuse testing market. According to the
report, the global drug of abuse testing market is projected to grow at a CAGR
of 6.8% over the forecast period of 2019-2025.
Drug abuse is the most common problem in the world. In this,
people consume prescribed or illegal drugs/substances at a regular interval.
This type of drug consumption harms consumers in the short and medium-term.
Further, these types of drugs are used to get psychological satisfaction and
get relaxed for some time. The regular consumption of these types of drugs
converts the user as a drug addict, which is harmful to the consumers and
society. As per the World Health Organization, every year 3.3 million death
occurs owing to the illicit use of the alcohol. Moreover, around 31 million
persons are suffering from drug use disorder globally.
The growing influence of social media dissociates the young age
people from society this is helping to grow the drug abuse testing market.
Furthermore, the growing stringent law mandating alcohol and drug testing and
increasing government initiatives driving the growing demand of the market.
Additionally, the increasing availability of the OTC drugs that contain
alcohol in large amounts is boosting the growth of this market. Further, the
growing technological advancements, less time-consuming testing and increased
sensitivity are propelling the growth of the market. However, the lack of
awareness about the modern drug abuse testing procedure among healthcare
professionals, law enforcement authorities in developing countries is affecting the growth of the market for the short term. Moreover, the increasing
availability of modern drug abuse testing devices in developing countries
through various sales channel is expected to provide a lucrative opportunity
for the growth of drug of abuse testing market.
North America holds the largest share for the drug of abuse
testing market owing to the increasing number of clinical laboratories that
offer drugs of abuse testing services in this region. Further, favorable
government initiatives provide a growing demand for a drug of abuse testing
market in this region. Additionally, the presence of a major market player of
drug of abuse testing market is contributing to the growth of this market in
the North America region.
The report on the global drug of abuse testing market covers
segments such as product and service, sample type, and end user. On the basis
of product and service, the sub-markets include analyzers, rapid testing
devices, consumables, and laboratory services. On the basis of sample type, the
sub-markets include urine, blood, oral fluids, hair, sweat, and other sample
types. On the basis of end user, the sub-markets include workplace and school,
criminal justice systems and law enforcement agencies, research laboratories,
The report provides profiles of the companies in the market such
as Thermo Fisher Scientific, Siemens AG, Quest Diagnostics Incorporated,
LabCorp, F. Hoffmann-La Roche Ltd, Express Diagnostics International, Drgerwerk
AG & Co. KGaA, Danaher Corporation, Bio-Rad Laboratories, Inc., and Abbott
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the drug of abuse
testing market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.