openPR Logo
Press release

Drug Screening Market splendid performance in regions 2017-2025 : Siemens Healthineers, Drägerwerk, Alere, Alfa Scientific Designs, Thermo Fisher, Roche

12-19-2018 11:37 AM CET | Health & Medicine

Press release from: TMR Research

Drug Screening Market splendid performance in regions

Global Drug Screening Market: Snapshot

Most drug addicts find it difficult to wean themselves away from the fatal substance and require a protracted therapy for that. And the pace with which the substance abuse problem has become increased, means that such therapies are gaining traction. An important part of it is the drug screening process which has seen its market grow steadily owing to the increasing number of drug addicts around the world.

Going forward, the drug screening market is expected to rise further because of the formulation of strict rules and regulations to curb the menace. Those mostly include mandatory drug and alcohol testing. Increased government spending on such devices is serving to benefit the market. Another factor that is stoking the drug screening market is the swift approval and launch of more sophisticated products owing to the constant thrust on product development by keen players. However, on the flipside, ban of consumption of alcohol in many Islamic nations, prohibition of workplace drug testing in many organizations, and inaccuracy of breathalyzers at times is posing a challenge to growth in market.

Going forward, oral fluid testing will open up new frontiers of growth for players in the market. Yet another channel of growth would open up because of fingerprint-based drug screening.

Request Sample Copy of the Report @

https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3107

Currently, North America and Europe account for maximum share in the drug screening market. This is because of organizations such as Drug Enforcement Administration (DEA) in place in the U.S. and various stringent regulations in North American and European countries. In the next few years, however, emerging economies of Asia Pacific will power market growth because of the mushrooming small and medium drug treatment institutions in the region. Most of the savvy players are turning their gaze towards the region in order to grow further.

Global Drug Screening Market: Overview

Drugs are the number one cause of premature death across the world and despite tight security measures at the borders, a number of governments are failing to contain this expanding issue. Now, several governments are adopting screen methods to test potential addicts on the run time as well as encouraging corporate organizations to introduce workplace check-ups. Consequently, the demand in the global drug screening market is poised to expand a notable CAGR during the forecast period of 2017 to 2025.

This report on the global drug screening market is an all-inclusive business intelligence study that showcases its lucrativeness. Compiled by a group of professional research analysts, the report aims to aid as a reliable guide for targeted audiences such as drug and alcohol testing laboratories, manufacturers of testing product and equipment, rapid drug screen device manufacturers, healthcare providers, law enforcement agencies, government agencies, and venture capitalists. Starting with an executive summary that includes overview of how the demand for drug screening has evolved in the recent past and where it is headed, the report dives into the analysis of various market dynamics, such as trends, drivers, opportunities, and challenges. The report also divides the drug screening market into logical segments and determines the potential of demand that can be expected out of various regions and countries. Finishing up a thorough study, the report includes an extended and featured section on the competitive landscape of the global drug screening market, wherein a number of key vendors have been profiled for their product portfolio, business establishment, and recent strategic decisions.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3107

Global Drug Screening Market: Trends and Opportunities

Some of the key factors driving the demand in the global drug screening market are: enforcement of stringent laws that mandate drug and alcohol testing in a number of countries, and growing consumption of drug and alcohol and inflicted community issues, presence of government funding in major markets. In addition to that, a number of new products, devices, and services have gained regulatory approvals, and are gaining adoption among both government agencies and corporate organizations. On the other hand, ban on alcohol consumption in a number of countries that follow Islam ideologies, prohibition of workplace drug testing in some countries, and issues pertaining to accuracy and specificity of breathalyzer are a few restraints obstructing the drug screen market from flourishing.

Global Drug Screening Market: Market Potential

The vendors operating in this market are expected to gain new opportunities is they transform their business strategies towards oral fluid testing and develop the concept of fingerprint-based drug screening. Additionally, market players are expected to make a foray into the emerging economies to find new consumers.

Global Drug Screening Market: Regional Analysis

North America and Europe are the two most profitable regions in the global drug screening market. In the developed country of the U.S., government has its Drug Enforcement Administration (DEA) in place since long that readily adopts new products that helps them curtail the ubiquity of drugs. Similar controlling measures are taken in a number of European countries such as the U.K., Germany, and France. However, the emerging economies in Asia Pacific, wherein small and medium enterprises are mushrooming, are expected to turn the region into a lucrative one towards the end of the forecast period.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/drug-screening-market

Global Drug Screening Market: Competitive Landscape

Siemens Healthineers, Drägerwerk, Alere, Alfa Scientific Designs, Thermo Fisher, Roche, Shimadzu, MPD, Inc., OraSure, Lifeloc, LabCorp, Psychemedics, Quest Diagnostics, Omega Laboratories, SureHire, CRL, and CannAmm are a few key players currently ahead of the curve in the global drug screen market.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Drug Screening Market splendid performance in regions 2017-2025 : Siemens Healthineers, Drägerwerk, Alere, Alfa Scientific Designs, Thermo Fisher, Roche here

News-ID: 1450192 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Drug

Alcohol Testing And Drug Testing Equipment Market 2025 Segmentation, Application …
Market Study Report, LLC, has compiled an exhaustive research study of the ‘Alcohol Testing And Drug Testing Equipment market’, detailing every single market driver and intricately analyzing the business vertical. This ‘Alcohol Testing And Drug Testing Equipment market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions. Alcohol abuse and drug
How much Diabetes Drug Market Impact Worldwide Medical Drug Industry?
Diabetes Drug Market From an insight perspective, the market report focuses on various levels of analyses — industry analysis, market rank analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries as well as their respective regulatory policies, Types ,Applications and opportunities in the market.  Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two types of diabetes
Hepatitis Drug Market Hepatitis Drug Clinical Pipeline Report 2023
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. Introduction to Hepatitis Disease 1.1 Prologue 1.1.1 History of Hepatitis 1.1.2 Causes of Hepatitis Disease 1.2 Types of Viruses which are Responsible for Hepatitis Disease 2. Global Prevalence of Hepatitis Infection 3. Available Drug Classes for Hepatitis Disease Treatment 3.1 Interferon Alfa Therapy 3.2 Protease Inhibitors Therapy 3.3 Polymerase
Microcapsules Drug Delivery Market Microcapsules Drug Delivery Sales Report 2022
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. Indispensable Advent of Microcapsules 1.1 Trajectory of Microencapsulation 1.2 Why and wherefores for Microencapsulation 2. Characterization of Microcapsules 2.1 Composition of Microcapsules 2.2 Parameters Influencing Microcapsules 3. Engineering Technology of Microcapsules 3.1 Physical Manufacturing Technologies 3.2 Physicochemical and Chemical Technologies 4. Applicability of Microcapsules 4.1 Microcapsules in Pharmaceuticals 4.2 Microcapsules in Nutraceuticals
AstraZeneca’s NMOSD Drug receives orphan drug designation
April 18, 2017 Orphan Drug European Medicine Agency has Announced orphan drug designation for inebilizumab (earlier known as MEDI-551) developed by AstraZeneca PLC (AZN) for the treatment of neuromyelitis optica spectrum disorder (NMOSD). The drug has already received orphan drug status from US Food and Drug Administration (FDA). NMOSD, also called Devic’s disease, is a rare, autoimmune disorder of the central nervous system (CNS) that affects the functioning
Drug Discovery Strategies, PBPK Modeling and Drug-Drug Interaction Explored and …
This year’s 12th annual ADMET conference and exhibition promises to deliver appearances from experienced pharmaceutical professionals from ADME and PK/PD organisations such as AbbVie, GSK, Roche and Bayer when it returns to London this June. The carefully selected speaker line up will be addressing early ADME application strategies and discussing the latest technologically advanced screening and testing models along with exploring ADMET technologies which will identify properties of a drug