Press release
At-Home Drug of Abuse Testing Market 2013–2023 by Key Players are UCP Biosciences, Inc., Express Diagnostics International, Inc., Psychemedics Corporation, Confirm BioSciences, Phamatech, Inc, Quest Products, Inc.
At-home DOA testing market is forecasted to witness the fastest growth in APAC, at a CAGR of 11.0%. This growth is attributed to the rising consumption of illicit drugs in the region. Also, the region is a large producer and trader of illicit drugs, including opium, heroin, amphetamine-type stimulants (ATS), and methamphetamines.Download free report sample at: https://www.psmarketresearch.com/market-analysis/at-home-doa-testing-market/report-sample
Besides, the limited availability of data on drug abuse within the region has necessitated the development and implementation of government initiatives on drug testing, which in turn, would contribute to the growth of the market in APAC in the coming years. For instance, a number of United Nations Office on Drugs and Crime (UNODC) programs have improved data collection networks, particularly in East and Southeast Asia. However, populous countries, including India and China, in the APAC region face a significant data gap, which requires government intervention. The increasing governments’ initiatives to control drugs abuse lead the growth of the APAC at-home DOA testing market during the forecast period.
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*Market players are acquiring other firms to increase their market share
The companies operating in the at-home DOA testing industry are acquiring other firms and establishing their presence in different economies to increase their market share. Abbott Laboratories (Abbott) being a major player in the production of at-home DOA testing products acquired Alere Inc. in 2017, to increase its share in the point-of-care testing diagnostics market. The addition of this business aligns with Abbott's strategy for the growth of company and complements the leadership positions across its other businesses, which include medical devices, nutritional supplements, and pharmaceuticals.
Browse report at: https://www.psmarketresearch.com/market-analysis/at-home-doa-testing-market
Some of the other key players in the at-home DOA testing industry are UCP Biosciences Inc., Orient New Life Medical Co. Ltd., Express Diagnostics Int’l Inc., Assure Tech (Hangzhou) Co. Ltd., Psychemedics Corporation, Confirm BioSciences, Phamatech Inc., Home Health (U.K.) Ltd., and Quest Products Inc.
GLOBAL AT-HOME DOA TESTING MARKET SEGMENTATION
Market Segmentation by Product
• Rapid DOA Test Kits
o Test cups
o Test dip cards
o Test strips
o Others
• Breath Analyzers
Market Segmentation by Sample
• Urine
• Saliva
• Hair
• Others
Market Segmentation by Geography
• North America At-Home DOA Testing Market
• Europe At-Home DOA Testing Market
• APAC At-Home DOA Testing Market
• Middle East and Africa (MEA) At-Home DOA Testing Market
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