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COVID-19 Impact Analysis on At-Home Drug of Abuse (DOA) Testing Market Insights on Strategies of Key Players | P&S Intelligence
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The other important reason behind the rising usage of at-home DOA testing is the rising utilization of illicit drugs amongst teenagers throughout the world. As per the statistics provided by Centers for Disease Control and Prevention (CDC), tobacco, marijuana, and alcohol are the most common substances abused by adolescents across the globe. The biggest factors pushing the teenagers toward substance abuse are escalating pressure from schools and parents for better performance in academics and sports, peer pressure, low self-esteem, and disturbed family life.
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Driven by the above-mentioned factors, the global at-home drug of abuse testing market is predicted to increase in valuation from $483.6 million in 2017 to $831.9 million by 2023, exhibiting a CAGR of 9.6% during the forecast period (2018-2023). There are two types of at-home DOA testing products available in the market -- breath analyzers and rapid DOA test kits. Of these, rapid DOA test kits are expected to record faster growth in demand during the forecast period, owing to the burgeoning adoption of dip cards and test cups.
Globally, the Asia-Pacific (APAC) region is expected to observe the fastest growth in the adoption of at-home DOA testing. This is primarily attributed to the increasing consumption of illicit drugs in the region and the fact that the region is one of the largest producers and traders of various kinds of illicit substances, such as heroin, opium, methamphetamines, and amphetamine-type stimulants (ATS). Moreover, the limited awareness and availability of data regarding drug abuse in the APAC countries is boosting government efforts to popularize at-home DOA testing in the region.
Therefore, it can be concluded that due to the increasing abuse of illicit drugs and rising awareness regarding drug abuse and its harmful effects on the human body, the adoption of at-home DOA testing will surge in future.
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