Economic Impact of Coronavirus on Drug of Abuse Testing Market Growth Factor with Regional Forecast, Size, Top Vendors, and Industry Research

Peer pressure, particularly among young adults and school children, can result in some bad decisions, such as usage of drugs. Drug abuse, also known as substance abuse, is the utilization of certain chemicals for pleasuring the brain, which end up causing more harm than benefits, in the long run. There are about 190 million people across the world who use drugs, and the number is increasing at a substantial pace, primarily among people under the age of 30. Among the different types of drugs, hashish, cannabis, and marijuana are the most extensively abused ones across the globe. Approximately 141 million people consume cannabis, and about 30 million people take ecstasy and amphetamines.

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Because of the rising prevalence of drug abuse, the need for testing these substances in the body is increasing rapidly. Drug of abuse testing is done for both legal causes, including workplace drug testing, and for medical purposes. Testing is basically performed for detecting illicit drug use and/or for monitoring medication compliance. As per P&S Intelligence, the global drug of abuse testing market is predicted to grow significantly in the near future, on account of the surging consumption of illegal drugs and high trade and production of these substances.

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When geographical scenario is taken into consideration, North America emerged as the largest drug of abuse testing market in the past, which is ascribed to the growing workplace monitoring activities for the consumption of illicit drugs, increased availability of banned substances, and rising drug trafficking activities in the region. According to the National Institute on Drug Abuse, about 24.6 million Americans aged above 12 years, which is 9.4% of the total population, were using illicit drugs in 2013. In addition to this, Asia-Pacific is also projected to witness a rise in drug of abuse testing in the coming years, because of the growing compliance in organizations to workplace drug of abuse testing.

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This release was published on openPR.