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Europe Drug of Abuse (DOA) Testing Market Outlook and Opportunities in Grooming Regions

07-15-2020 09:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Europe Drug of Abuse (DOA) Testing Market Outlook

For many people in Europe, especially emotionally disturbed teens, drugs are their best friends! But, as everyone knows, whether an addict or not, drugs are not good. Though they help people escape their troubles for a while, they lead to long-lasting ill-effects, such as risk of AIDS and hepatitis C. Due to the increasing concerns among relatives and friends about drug abuse by their loved ones, they are rapidly using methods to test the presence of such substances in the body of suspected users.

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Thus, with the rising prevalence of drug abuse in the continent, the European drug of abuse (DOA) testing marketis predicted to grow to $3.0 billion by 2023, from $1.7 billion revenue in 2017, at a 9.6% CAGR during 2018–2023. Such kits and products can be used to determine the presence of a number of toxicants in the body, including amphetamines, opiates, alcohol, cannabis, cocaine, and ecstasy, commonly known as MDMA, which is short for its chemical formula 3,4-methylenedioxymethamphetamine.

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Such tests are done at laboratories, hospitals, homes, and workplaces, among which hospitals account for the largest volume. This is because as drugs lead to serious health issues and overdose is potentially fatal, users often end up in hospitals. At such places, advanced equipment and trained professionals are deployed, who undertake the testing. Moreover, in Europe, efforts are on to better the healthcare infrastructure, which include procuring modern medical devices and equipment, including those which are used for the determining the presence of DOA in the body.

Therefore, with the growing issue of DOA usage in Europe, the volume of tests is swiftly rising.

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.

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