Drugs of Abuse Testing Market Opportunity By 2027 | Quest Diagnostics, F.Hoffmann La-Roche Ltd, Siemens Healthineers (Siemens AG), Thermo Fisher Scientific, Inc., Alere, Inc.
To know key findings Request Sample Report @: https://www.futuremarketinsights.com/reports/sample/rep-gb-1649
Global Drugs of Abuse Testing Market: Dynamics
The growth of the drugs of abuse testing market is driven by various factors such as a rise in the number of clinical labs and a growing abuse of clinical drugs. Governments throughout the world have also increased expenditure on law enforcement agencies aimed towards drug interdiction through mandatory screening of potential illicit drug abusers. This has helped boost revenue growth of the drugs of abuse testing market.
However, the emerging countries in Asia, Latin America and Africa have lower awareness of drugs of abuse testing and have lesser social support to decrease the consumption of illicit drugs. These regions even face a lack of government initiatives. This may lead to a downfall in the overall drugs of abuse testing market.
Global Drugs of Abuse Testing Market: Segmental Analysis
On the basis of region, Asia Pacific dominates the global drugs of abuse testing market in terms of growth rate with a 7.0% CAGR during the forecast period. However North America holds the maximum market share with an estimated valuation of US$ 620 Mn by the end of 2027.
On the basis of drug type, Sedatives is the fastest growing segment. Hallucinogens are expected to hold the maximum market share during the forecast period.
Request for Report Methodology @: https://www.futuremarketinsights.com/askus/rep-gb-1649
On the basis of technique type, Immunoassay dominates the market with the maximum market size of over US$ 870 Mn estimated by the end of 2027. The rapid testing segment is expected to grow at the fastest rate.
Based on end users, forensic laboratories are expected to hold the highest market share by the end of 2027, whereas diagnostic laboratories are predicted to witness the highest growth rate of 6.8% during the forecast period.
Get access to full summary @: https://www.futuremarketinsights.com/reports/drug-of-abuse-testing-market
Global Drugs of Abuse Testing Market: Competitive Landscape
This comprehensive research report includes detailed profiles of all the major players in the global market. Some of the top companies mentioned in the report include Quest Diagnostics, F.Hoffmann La-Roche Ltd, Siemens Healthineers (Siemens AG), Thermo Fisher Scientific, Inc., Alere, Inc. (Sub. Abbott Laboratories), Shimadzu Corporation, Laboratory Corporation of America Holdings, Drägerwerk AG & Co. KGaA, and Express Diagnostics International Inc.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Drugs of Abuse Testing Market Opportunity By 2027 | Quest Diagnostics, F.Hoffmann La-Roche Ltd, Siemens Healthineers (Siemens AG), Thermo Fisher Scientific, Inc., Alere, Inc. here
News-ID: 1349165 • Views: 164
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Abuse
Sutton Women's Centre conference on Domestic Abuse
Sutton Women's Centre are hosting a conference on Domestic Abuse, at The Grange, Beddington Park, Wallington on 28th March 2019. Over 140 delegates from local organisations, charities and businesses will be attending. The conference will give them the opportunity to listen to survivors of abuse, explore the issue of coercive control, its impact and how local strategies are tackling this. A number of leading national and
Handling FMLA Abuse
Edupliance announces webinar titled, “Handling FMLA Abuse” that aims to help attendees to understand how do they identify the FMLA abuse and what can they do about it. The event going to be held LIVE on, Nov 21, 2017 from 1 PM - 02:30 PM ET/ 10 AM - 11:30 AM PT. Since the Family and Medical Leave Act (“FMLA”) was signed into law, employers have been faced with the
Substance Abuse Treatment Market | Evolving Market Trends
U.S. Substance Abuse Treatment Market: Snapshot In the U.S. Substance abuse has become a major cause of concern. People in this country are increasingly getting addicted to a variety of drugs, affecting their health and their family life to a large extent. With prolonged drug and alcohol abuse, the prevalence of mental illness and various chronic diseases, such as diabetes and cardiovascular disorders, have increased substantially among consumers, creating a high
Drugs of Abuse Testing Market: High Prevalence of Drug Abuse Augurs Well for Ove …
Drugs of abuse testing offer a variety of testing methods that can be conducted at home as well as in laboratories to detect drugs present in the human body. These drugs are tested through saliva, blood, and sweat. The testing of drugs is done for drugs that are banned by governments. Analysts anticipate that the global market will witness a considerable growth rate in the coming years due to
Social Problems due to Drug Abuse Driving Substance Abuse Treatment Market
Substance abuse refers to the use of psychoactive substances, which include alcohol and illicit drugs, to the extent that it is harmful or hazardous. Psychoactive substance abuse can lead to dependence syndrome – a cluster of behavioral, physiological, and cognitive symptoms stemming from the body’s reaction to a lack of the respective substance. This develops as a result of continual use of the substance and typically involve a strong urge
Rosecrance Health Network Offers Substance Abuse Treatment
FOR IMMEDIATE RELEASE Rockford, IL- Rosecrance Health Network services provide flawless substance abuse treatment to the patients. The health organization is non-profitable addiction treatment provider in Chicago. The organization provides inpatient and outpatient healthcare services in the United States. Inpatient treatment for substance abuse and also outpatient are based on evidence-based treatment provided to the patients. Comparing to any alcohol and drug rehab centers in Chicago, the healthcare services provided by the