Drug Screening Market Revenue Opportunies By Key Vendors Thermo Fisher Scientific, Quest Diagnostics, Omega Laboratories, Abbott Laboratories, Danaher Corporation, Express Diagnostics International Inc., Siemens Healthineers, Alfa Scientific Designs, F. H
Drug Screening Market is expected to have a highly positive outlook for the next five years 2018–2026 according to a recently released Drug Screening Market research report. The report has been added in his large database by Coherent Market Insights.The major takeaways in the report are product segment analysis, application segment analysis, regional segment analysis and data of the major Drug Screening Market players from around the world. The report presents an introductory as well as detailed information about the Drug Screening Market through a well-organized layout divided into easy to understand chapters.
A urine drug test is painless and analyzes presence of prescription drugs such as amphetamines, methamphetamines, benzodiazepines, marijuana, barbiturates, cocaine, methadone, and opioids (narcotics). Moreover, drug and alcohol rehabilitation centers need to test residents on a regular basis to ensure the soberness of the people receiving treatment. Oral fluid testing and breath testing is conducted to examine presence of alcohol in the body and to ascertain the level of the same. Technological advancements such as immunoassay techniques for drug screening, and rapid point of care tests have fostered growth of the drug screening market.
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Drug Screening Market Drivers
Competition among leading manufacturers in the drug screening market is supporting the growth of the drug screening market. Manufacturers are engaged in developing innovative products in wide categories in order to maintain leading position in the market. Alere, Inc. along with its partner company GenPrime, Inc., launched point of care testing device, the xReader for work-place drug testing in 2016. In 2017, Alere, Inc. launched Alere iCup Rx drug screen for detecting commonly misused and abused prescription drugs. Moreover, technological advancements are expected to boost growth of the drug screening market over the forecast period. For instance, Intelligent Fingerprinting Limited launched non-invasive portable fingerprint drug test in 2017. Moreover, increasing incidences of traffic accidents, owing to drunk driving or driving after drug consumption is expected to boost growth of the drug screening market over the forecast period. For instance, five Michigan counties launched pilot roadside drug testing in November 2017, which used Alere DDS2 oral fluid test instrument to detect marijuana, opioids, and other drugs. Moreover, Captiva Lab launched an oral fluid drug testing integrated with mass spectrometry to include an oral fluid test panel in 2017. Furthermore, increasing demand from vast number of places where drug screening may be required such as workplace, hospitals, and rehabilitation centers is expected to boost growth of the drug screening market over the forecast period. Phenomenex, Inc. launched Strata-X-Drug B Plus a solid phase extraction (SPE) sample preparation product for urine drug testing in May 2018.
However, ban of alcohol and drugs at workplace and government organizations, and increasing awareness against driving under influence is expected to hinder the growth of the drug screening market.
Drug Screening Market Insights
North America and Europe are expected to dominate the drug screening market over the forecast period due to presence of leading manufacturers such as Alere, Inc. Mergers and acquisitions by key players are expected to foster growth of the market such as Abbott Laboratories acquisition of Alere, Inc. in 2017. Asia Pacific region is expected to witness significant growth over the forecast period, owing to increasing presence of leading manufacturers in the region. For instance, Alere Medical Pvt. Ltd. launched integrated facility in India for manufacturing rapid point of care diagnostic devices in 2016. The company intends to make India an export hub for rapid diagnostic devices in Asia Pacific region.
Drug Screening Market Competitive Landscape
Key players operating in the global drug screening market include Thermo Fisher Scientific, Quest Diagnostics, Omega Laboratories, Abbott Laboratories, Danaher Corporation, Express Diagnostics International Inc., Siemens Healthineers, Alfa Scientific Designs, F. Hoffmann La Roche, SureHire, and OraSure.
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Drug Screening Market Taxonomy-
The global drug screening market is segmented on the basis of product type, application, end user, and region.
By Product Type-
Instruments
Immunoassay analyzers
Chromatography Instruments
Breathalyzers
Drug testing Cups
Dip Cards
Oral Fluid Testing Products
Consumables
By Application –
Urine Testing
Breath Testing
Oral Fluid Testing
Hair Testing
Others
By End User –
Workplace
Rehabilitation Centers
Hospitals
Drug Testing Laboratories
Others
By Region –
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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