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Global Drugs of Abuse (DOA) Testing Market 2019: The dynamics of Developed & Developing Countries Growth Speed Up || WATERS; Laboratory Corporation of America Holdings; Abbott; Drägerwerk AG & Co. KGaA; Bio-Rad Laboratories, Inc.

12-20-2019 12:08 PM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Global Drugs of Abuse (DOA) Testing Market

Global Drugs of Abuse (DOA) Testing Market

Global Drugs of Abuse (DOA) Testing Market By Product (Consumables, Equipment), Sample Type (Urine, Saliva, Hair, Others), Application (Pain Management, Criminal Justice, Workplace Screening), End-Users (Hospitals, Laboratories, Workplace, At Home, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Drugs of Abuse (DOA) Testing Market

Global drugs of abuse (DOA) testing market is expected to rise to an estimated value of USD 11.54 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in the levels of developments, advancements along with innovative product launches by the major manufacturers.

Request for sample copy or PDF with (Market Segments, Forecast, Key player’s and TOC) @ https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-drugs-of-abuse-doa-testing-market&raksh

Market Definition: Global Drugs of Abuse (DOA) Testing Market

Drugs of abuse (DOA) testing is a diagnostic method of testing for substance or chemical abuse in individuals by testing the samples such as hair, saliva, urine, blood, breath. This is generally utilized for testing the usage of recreational drugs in the system of individuals so that they can be provided the correct course of treatment and clinical procedure can be undertaken.

Market Drivers

Increasing consumption and trade of recreational drugs worldwide; this factor is expected to drive the growth of the market
Rise in the usage of products in various organizations to test their employees; this factor is expected to drive the growth of the market
Initiatives undertaken by various organizations and authorities for spreading awareness regarding the drug abuse and products to detect it; this factor is expected to drive the growth of the market

Market Restraints

Transformation of laws to legalize the usage of recreational drugs/illicit drugs; this factor is expected to restrain the market growth
Lack of capabilities of these testing products for the detection of small amounts of special drugs; this factor is expected to restrain the growth of the market
Segmentation: Global Drugs of Abuse (DOA) Testing Market

By Product

Consumables
Rapid Test Kits
Assay Kits & Reagents
Others
Equipment
Immunoassay Analyzers
Chromatography Instruments
Breath Analyzers

By Sample Type

Urine
Saliva
Hair
Others
Blood
Breath

By Application

Pain Management
Criminal Justice
Workplace Screening

By End-Users

Hospitals
Laboratories
Workplace
At Home
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East & Africa

Browse Detailed TOC, Tables, Figures, Charts and Companies @ https://www.databridgemarketresearch.com/toc?dbmr=global-drugs-of-abuse-doa-testing-market&raksh

Key Developments in the Market:

In September 2018, W.H.P.M., Inc. through its affiliate Carehealth America Corporation announced that they had acquired Express Diagnostics Int’l, Inc. This acquisition will significantly improve and complement the capabilities and technologies of both organizations leading to additions of product patents, trademarks and copyright.
In February 2018, Alfa Scientific Designs, Inc. announced that they had received US FDA 510(k) clearance for their “Instant-view-plus” multi-drug of abuse urine test. Alfa’s “Driven Flow Technology” utilized in the simple cup DOA (drug-of-abuse) product termed as “Instant-view-plus iFOB”. The clearance has been provided for usage in professional, CLIA-waived, and over-the-counter (OTC) usage. The product is capable of identifying thirteen individual drugs in approximately two minutes offering significant capabilities in comparison to the existing products in the market.

Competitive Analysis:

Global drugs of abuse (DOA) testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of drugs of abuse (DOA) testing market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global drugs of abuse (DOA) testing market are W.H.P.M., Inc.; WATERS; Laboratory Corporation of America Holdings; Abbott; Drägerwerk AG & Co. KGaA; Bio-Rad Laboratories, Inc.; Sonic Healthcare; bioMérieux SA; Danaher; Quest Diagnostics Incorporated; Thermo Fisher Scientific; F. Hoffmann-La Roche Ltd; Randox Laboratories Ltd.; Psychemedics Corporation; Siemens Healthcare Private Limited; Merck KGaA; Ortho-Clinical Diagnostics; Biomedical diagnostics and Alfa Scientific Designs, Inc.

Research Methodology: Global Drugs of Abuse (DOA) Testing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Want Full Report? Enquire Here @ https://www.databridgemarketresearch.com/inquire-before-buying?dbmr=global-drugs-of-abuse-doa-testing-market&raksh

Reasons to Purchase this Report

Current and future of global drugs of abuse (DOA) testing market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Mail: Corporatesales@databridgemarketresearch.com
https://databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing Corporatesales@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

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