What are Key Factors that will Shape Growth of Europe Drug of Abuse (DOA) Testing Market till 2023? bioMérieux, Quest Diagnostics, Bio-Rad Laboratories, Thermo Fisher Scientific, Psychemedics Corporation, Danaher Corporation

With the rapid rise of drug of abuse (DOA) testing in Europe, technological advancements in the field, growing alcohol and drug consumption amongst the youth, and the consequent increase in addiction problems, the European DOA testing market is expected to generate $3.0 billion revenue by 2023. The market is predicted to witness a CAGR of 9.6% during the forecast period (2018-2023), which will contribute toward its huge revenue increase, from the $1.7 billion recorded in 2017.

Download sample copy of this report@ https://www.psmarketresearch.com/market-analysis/europe-doa-testing-market/report-sample

The high alcohol and drug consumption rates in Eastern and Western Europe, as a result of the rapid rise in the disposable income, have created a serious problem. As per a report by the World Health Organization (WHO), the mortality and disability rates in Eastern Europe, in particular, are much higher than that of Western Europe. For instance, Russia and some of its neighboring countries are witnessing excessively grave alcohol and drug abuse problems, thereby driving the growth of the European DOA testing market.

Based on a report published by Our World in Data in 2015, the average alcohol consumption was 14-17 liters, per person, per year, in Eastern Europe. To combat this growing epidemic, the governments of various European nations have launched numerous programs and policies, thereby resulting in a rapid rise in the market value. Alarmed at the findings of the United Nations Office on Drugs and Crime (UNODC), the European Union (EU) has invested $133.9 million for implementing 50 joint projects, to combat the rising alcohol and drug problem.

Pre-Purchase Inquiry at@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=europe-doa-testing-market

EUROPE DOA TESTING MARKET SEGMENTATION
By Offering
o Products
o Consumables
? Rapid test kits
? Assay kits and reagents
? Others
o Equipment
? Immunoassay analyzers
? Chromatography instruments
? Breath analyzers
o Services
By Sample Type
o Urine
o Saliva
o Hair
o Others
By Distribution Channel
o Indirect
o Direct
By End User
o Hospitals
o Laboratories
o Workplace
o At-Home
o Others
By Geography
o U.K. DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Germany DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o France DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Italy DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Russia DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Spain DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Netherlands DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Sweden DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Norway DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Belgium DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Poland DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Switzerland DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user
o Denmark DOA Testing Market
o By offering
o By sample type
o By distribution channel
o By end user

Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.