Press release
Drugs Abuse Testing Market Demand Projected to Expand at CAGR of 5.4% by 2024 Including key Companies Like Alere., ATI, Inc.,Lab Corps of America Holdings., LGC Limited. and Quest Diagnostics Inc.
Drugs Abuse Testing Market is flourishing, with the demand projected to expand at a notable CAGR of 5.4% during the forecast period of 2018 to 2024.The analysts of the report have evaluated that there were opportunities worth USD 4,443.9 million in the global drugs of abuse testing market in 2017. By the end of the forecast period, 2025, the valuation of the market is estimated to swell up to US$6,781.6 million.
The Drugs Abuse testing market is dominated by various immunoassays based on antibody–antigen interaction principles, which involve the drug in question, a competing drug, and some type of detection system. One of the key Major challenges in depending on these methods is the fact that, even though a true positive result indicates drug use, direct deduction to intoxication or impairment of the patient is not possible based on these tests.
Drug Abuse Testing Key Market Segments:
By Product & Services
• Analyzers
• Consumables
• Rapid Testing Devices
• Laboratory Services
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By Sample Type
• Urine
• Oral Fluid (Saliva)
• Hair
• Breath
• Others
By End User
• Workplaces & Schools
• Criminal Justice Systems and Law Enforcement Agencies
• Research Laboratories
• Hospitals
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
Drugs of Abuse Testing Market Major Players:
• Alere.
• ATI, Inc.
• Lab Corps of America Holdings.
• LGC Limited.
• Quest Diagnostics, Inc.
• Randox Testing Services.
• United States Drug Testing Laboratories, Inc. (USDTL).
Major Points Covered in this report
1. Drug Abuse Testing Market Overview
2. Economic Impact on Industry
4. Industry Production, Revenue by Region
5. Drug Abuse Testing Market Size, Share, Trend, Growth
6. Market Supply Consumption, Export, Import by Regions
7. Industry Production, Revenue, Price Trend by Type
8. Market Analysis by Application
9. Market Manufacturers Analysis
10. Drug Abuse Testing Manufacturing Cost Analysis
11. Industrial Chain, Sourcing Strategy and Downstream Buyers
12. Marketing Strategy Analysis, Distributors/Traders
13. Market Effect Factors Analysis
14. Global Drug Abuse Testing Market Forecast
15. Appendix
Key questions answered in this report
1. What are Study Objectives of Market?
2. What will the Market size in 2024?
3. How will market change over the forecast period?
4. What segment or region will drive market growth and why?
5. What are opportunities and challenges in market
6. What are the dynamics of the market?
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