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Drug Testing Software Market Huge Demand and Future Scope Including Top Players: Checkr, IntelliCorp, AssureHire, Cority

06-04-2020 10:11 AM CET | Health & Medicine

Press release from: AMA Research & Media LLP

Drug Testing Software

Drug Testing Software

Revenue for Drug Testing Software Market has grown substantially over the five years to 2019 as a result of strengthening macroeconomic conditions and healthier demand, however with current economic slowdown and Face-off with COVID-19 Industry Players are seeing Big Impact in operations and identifying ways to keep momentum. Drug Testing Software Market estimates rely extensively on both the volume and value and due to slowdown price fluctuation in widening demand and supply gap.

Access Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/110495-global-drug-testing-software-market

What is Global Drug Testing Software?
Industry Definition:
Drug testing software helps to identify and manage drug and alcohol testing programs that help organizations to streamline the drug testing process for new hires and provide ongoing testing for employees. Also, it provides companies, employees, and candidates with solutions to manage or run drug testing businesses. The feature of the software includes drug testing data management, result tracking, Department of Transportation (DOT) compliance, and more. These solutions offered in conjunction with background check software and often integrates with applicant tracking systems (ATS).

Market Drivers
• Growing Demand From Small and Medium Businesses, And End-Use Industry Owing To Increased Efficiency, Expanded Access, and Complete Visibility
• Increasing Rate of Employment in Various Sectors
• Real-Time Status Updates of All Testing Available
• Time and Money Saving With an Efficient Electronic Process for Ordering Tests and Receiving Test Results

Market Trend
• Implementing Artificial Intelligence (AI) in Drug Testing Software
• Integrations with Other Software such as Quest, LabCorp

Restraints
• Lack of Awareness among Business Firms and Industry
• Low Budget of Small Enterprises

Opportunities
• Stringent Government Regulations for Employers, and Other Industries

Challenges
• Compliance with the Laws and Regulations such as DOT and Non-DoT
• Lack of Expertise in the Workforce

On May 07, 2019, Intellicorp Records, Inc., a Verisk business, has announced an advanced drug screening solution integrated into the company’s background check ordering process. Employers can now help manage their drug screening and background check program from a single platform.
In the United States, the government has mandated that the employment offered in many fields (corporate, state, transportation, and the like) must include drug and alcohol tests. Most places will also periodically drug and alcohol test their personnel, just to make sure that they aren’t using and that work is being done in a safe manner. This brings to the two main types of drug testing, DOT and non-DOT drug and alcohol testing.

By Enterprise Size: Large Enterprises, Small & Medium Enterprises
By Deployment Type: On-premises, Cloud-based
By Platform: Windows, IOS, Android, Others
By Industry Vertical: Financial Services, Healthcare, Retail, Staffing, Manufacturing, Transportation & Construction, Energy & Utilities, Others
By Pricing: One-time License, Monthly Subscription, Others
………….

Average industry growth 2015–2019: XX%
Average industry growth 2020-2025: YY%

Major & Emerging Players in Drug Testing Software Market
The companies holding the largest market share in the Drug Testing Software Market include US Drug Test Centers (United States), VICTIG Screening Solutions (United States), Cority (Canada), IntelliCorp (United States), Sterling Talent Solutions (United States), Checkr (United States), Verified First (United States), AssureHire (United States), Core Screening (United States) and TestVault (United States)
Cority Market Share: XX%
AssureHire Market Share: XX%
IntelliCorp Market Share: XX%
Checkr Market Share: XX%

For Early Buyers | Get Up to 20-50% Discount on Various License type of this Premium Version of the Report: https://www.advancemarketanalytics.com/request-discount/110495-global-drug-testing-software-market

Key Highlights of Report:

About Market
• Market Overview
• Product/Service Highlights
• Market Development Activity & Future Outlook
• Similar Industry [Substitute Product/Services Analysis]
Industry at a Glance
• Global Drug Testing Software Key Statistics
Market Size (2019): USD XX Million
Number of Businesses/Players: n-Numbers
Average Industry Profit Margin: XX%
………………
• Snapshot
• Executive Summary
Industry Performance
• External Drivers
• Current Scenario Outlook [Market Trends, Risk & Return Profile]
• Competitive Outlook
Dominating Players / Competitive Nature
Regulatory Factors
• Market /Product Life Cycle
Segmentation Analysis
• Market Size by Type (value & Volume) [2014-2025]
• Market Size by Application (value & Volume) [2014-2025]
• Market Size by …………. (Value & Volume) [2014-2025]

Know More About the Study: https://www.advancemarketanalytics.com/reports/110495-global-drug-testing-software-market

Regional Analysis
• Demand Determinants
• Major & Emerging Countries & growth Outlook
• Market Size by Region
Cross Segmentation by Countries
North America: United States, Canada, and Mexico.
South & Central America: Argentina, Chile, LATAM, and Brazil.
Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt and South Africa.
Europe: UK, France, Italy, Germany, Spain, BeNeLux, and Russia.
Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia
Competitive Landscape
• Market Share Concentration [CR4, CR8, HHI Index]
• Success Factors
• PORTER 5-Forces Analysis
Company Analysis
• Market Share Analysis by Players
• Major Players
• Emerging Players by Growth
• Company Profiles
- Business Overview
- Key Financials
- Development Insights [Product launches, M&A, JVs etc]

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@advancemarketanalytics.com

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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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