Press release
Drug of Abuse Testing Market 2023 by Key Players Danaher Corporation, Siemens, Merck Group, Drägerwerk AG & Co. KGaA, bioMérieux, Alere Inc., Bio-Rad Laboratories
As per the findings of the research, consumables held the larger share in the drug of abuse testing market in 2016, since consumable are easily available for use and provide rapid test results when compared to equipment. Rapid test kits are used at a large scale and its consumption is expected to increase at faster rate during the forecast period, since they are easy to use and provide result in a short span of time, as compared to assay kits & reagents.Download report sample at: https://www.psmarketresearch.com/market-analysis/drug-of-abuse-testing/report-sample
The key players in the drug of abuse testing market provide equipment such as immunoassay analyzers, chromatographic analyzers and breath analyzers. Among all the equipment, breath analyzers market size is projected to grow at the fastest rate, with a CAGR of 9.5% during the forecast period since they can detect the presence of drugs and alcohol in the breath easily in a short span of time, and are less expensive than other analyzers.
*Competitive Analysis
Some of the key players operating in the drug of abuse testing market include Danaher Corporation, Siemens AG, Merck KGaA, Drägerwerk AG & Co. KGaA, Express Diagnostics Int'l, Inc., bioMérieux S.A., Waters Corporation, Roche Holding AG, Quest Diagnostics Inc., Laboratory Corporation of America Holdings, Alere Inc., Abbott Laboratories, Randox Laboratories Ltd., Psychemedics Corporation, Bio-Rad Laboratories, Inc., Sonic Healthcare Ltd., and ThermoFisher Scientific Inc.
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*North America stands as the largest drug of abuse testing market
Geographically, North America has been the largest drug of abuse testing market, with the U.S. being the larger contributor to the regional market, as compared to rest of North America. The leading position of the North American market is mainly due to the increased availability of illicit drugs, rising workplace monitoring for consumption of illicit drugs and increased drug trafficking in the region. According to National Institute on Drug Abuse (NIDA), in 2013, an estimated 24.6 million Americans aged 12 years or above, constituting approximately 9.4% of the total population, had used an illicit drug, which was an increase of 8.3% from 2002. The increase was mainly due to rise in the use of marijuana, the most commonly used illicit drug.
Explore Report at: https://www.psmarketresearch.com/market-analysis/drug-of-abuse-testing
GLOBAL DRUG OF ABUSE TESTING MARKET SEGMENTATION
By Product
• Consumable
o Rapid Test Kits
o Assay kits & reagents
o Others
• Equipment
o Immunoassay analyzers
o Chromatography instruments
o Breath analyzers
By Sample Type
• Urine
• Saliva
• Hair
• Others
By End User
• Hospitals
• Laboratories
• Workplace
• At home
• Others
By Region
• North America
o U.S.
o Rest of North America
• Europe
o U.K.
o Germany
o France
o Italy
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
• Rest of World (RoW)
o Brazil
o Rest of RoW
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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