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Specimen Validity Testing Market| Top Key Players are America Holdings, Clinical Reference Laboratory, American Bio Medica Corporation, Thermo Fisher Scientific, ACM Global Laboratories, Premier Biotech

03-01-2019 05:29 AM CET | Health & Medicine

Press release from: The Insight Partners

Specimen Validity Testing Market to 2025

Specimen Validity Testing Market to 2025

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Specimen Validity Testing Market to 2025 - Global Analysis and Forecasts By Product & Services (Reagents & Assay Kits, Calibrators & Controls and Disposables), Type (Laboratory Testing and Rapid/PoC Testing), End User (Pain Management Centers, Workplaces, Criminal Justice & Law Enforcement Agencies, Drug Rehabilitation Centers Drug Screening Laboratories and Others) and Geography

Specimen validity testing (SVT) is the most performed testing that is used to detect the substitution dilution or adulteration in urine. Urine contains a high concentration of parent drugs and metabolites. The main object of specimen validity testing is the use of urine specimen validity test (SVT) for drug abuse testing. The urine drug screening is known as a clinical tool that helps in enhancing the workspace safety, monitoring patient's medication and prescription medication diversion. Moreover, the testing used in drug detection abuse. Specimen validity testing is trusted by government agencies and businesses to be more accurate and scientifically sound for detecting a wide range of prescription and illicit drugs.

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Some of the Major Players In Specimen Validity Testing Market:
1. Quest Diagnostics Incorporated
2. Laboratory Corporation of America Holdings.
3. Clinical Reference Laboratory, Inc.
4. American Bio Medica Corporation
5. Thermo Fisher Scientific Inc.
6. ACM Global Laboratories
7. Premier Biotech, Inc.
8. GenomeWeb LLC
9. Sciteck, Inc.
10. Alfa Scientific Designs, Inc.

The Specimen Validity Testing Market is anticipated to grow in the forecast period owing to driving factors such as developments in the technology for the medical devices, rise in the development for the healthcare infrastructure and rise in the investments for the automated healthcare facilities among the others. The market is likely to widen up opportunities for the market players to expand their business in the emerging regions.

The "Global Specimen Validity Testing Market Analysis to 2025" is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global specimen validity testing market with detailed market segmentation by product & services, type, end user and geography. The global specimen validity testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Don’t miss out on business opportunities in Specimen Validity Testing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

MARKET SEGMENTATION

On the basis of product & services segment, the market is classified as reagents & assay kits, calibrators & controls and disposables. The type market is segmented into laboratory testing and rapid/PoC testing. Based on end user, the specimen validity testing market is classified as pain management centers, workplaces, criminal justice & law enforcement agencies, drug rehabilitation centers, drug screening laboratories and others. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

REGIONAL FRAMEWORK

North America is expected to dominate the specimen validity testing market in the global arena due to creasing incidences of substance abuse in the workplace and increasing adoption of drug screening tests in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next few years in the global specimen validity testing market due to growing consumption of illicit drugs and increasing government in the region.

The specimen validity testing market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

Key questions answered in the report include:
• what will the market size and the growth rate be in 2025?
• what are the key factors driving the global Specimen Validity Testing Market?
• what are the key market trends impacting the growth of the Specimen Validity Testing Market?
• what are the challenges to market growth?
• who are the key vendors in this market space?

What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Specimen Validity Testing Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Specimen Validity Testing Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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About Us
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Home: https://www.theinsightpartners.com

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