Drug Screening Market 2020 Top 20 Key Players, Size Estimation, Industry Share, Business Analysis and Growth Forecast to 2026

As per the National Survey on Drug Use and Health or NSDUH, 38% of adults in the U.S. were illicit drug users in 2017. This has increased the demand for the drug screening process, driving the global drug screening market. Among regions, North America exhibits the highest demand for drug screening owing to the increasing cases of alcohol and drug abuse. Moreover, North America is anticipated to dominate the global drug screening market owing to the implementation of strict government laws. This will help mandate the drug screening process across the countries in North America, favouring expansion of the drug screening market size.

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According to the National Center for Advancing Translational Sciences, around 30% of medications have failed in human trials as they are toxic. This gives rise to a 3D platform, engineered to offer support to living cells and human tissues. The implementation of organs-on-a-chip is likely to be the future of drug testing. These chips are microfluidic in nature and can help to predict if a drug or a vaccine is safe to humans. It allows an accurate and precise perception regarding the effects of drugs on a human body. Such innovations are expected to further add up to the growth of the market in North America.

Leading Players operating in the Drug Screening Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Alere
o Dr?gerwerk
o Thermo Fisher Scientific
o Quest Diagnostics
o Laboratory Corporation of America Holdings
o Orasure
o Lifeloc
o Alfa Scientific Designs
o MPD Inc.

Poor Infrastructure Facilities May Hamper the Market Growth

The rising consumption of illicit drugs is projected to boost the drug screening market. In addition to this, the rising prevalence of drug addiction will give significant impetus to growth. As per a survey conducted by the National Survey on Drug Use and Health (NSDUH), approximately 19.7 million adults in the US suffered from mental disorders owing to substance use. Another factor responsible for positively impacting the market is the increasing number of crime rates due to drug abuse. This, as a result, is likely to drive the adoption of drug screening, augmenting the drug screening market growth.

Drug Screening Market Segmentation:

By Product
o Analytical Instruments
o Rapid Testing Devices
o Consumables
o Others
By Sample Type
o Urine
o Breath
o Oral Fluids
o Others
By End User
o Hospitals
o Workplace
o Criminal Justice
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Reasons to Purchase this Report:

o Comprehensive analysis of the Drug Screening Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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KEY QUESTIONS ANSWERED:

o What are the key technological and Drug Screening Market trends shaping the market?
o What are the key opportunities in the market?
o What are the key companies operating in the market?
o Which company accounted for the highest market share?
o Why Choose Fortune Business Insights?
o What is the market size and growth rate of the global and regional market by various segments?
o What is the market size and growth rate of the market for selective countries?
o Which region or sub-segment is expected to drive the market in the forecast period?
o What Factors are estimated to drive and restrain the Drug Screening Market growth?

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