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Drugs of Abuse Testing Market 2018, Drivers, Trends and Issues Forecast to 2024
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Based on the sample type, the DOA testing market is segmented into urine, saliva, hair, and others. The most common form of sample used for drug of abuse testing is urine, due to the presence of parent drug or metabolites that can help detect the presence of many illicit drugs.
Asia-Pacific DOA testing industry is expected to witness a significant growth at a high CAGR of 10.4% during the forecast period. The growth is driven by the rising production, as well as consumption of illicit drugs. In addition, the rise in organisational compliance for testing of drug of abuse at workplace will also drive the growth of the regional market.
The key players of the DOA testing industry are Siemens AG, Danaher Corporation, Merck KGaA, Express Diagnostics Int'l, Inc., Drägerwerk AG & Co. KGaA, bioMérieux S.A., Quest Diagnostics Inc., Waters Corporation, Abbott Laboratories, Alere Inc., Psychemedics Corporation, Randox Laboratories Ltd., Bio-Rad Laboratories, Inc. and ThermoFisher Scientific Inc, and Sonic Healthcare Ltd.
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The DOA testing players are undergoing collaborations and acquisition of other players to gain larger market share. In January 2017, Sonic Healthcare Limited signed a binding agreement for the acquisition of Medical Laboratory Bremen, with operations in two medical laboratories in the North West of Germany, focussed on specialty testing.
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