Drug of Abuse Testing Equipment Market Trends and Key Player Developments to 2028

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Drug abuse testing is conducted for medical purposes as well as legal causes such as workplace drug testing. Testing can be carried out to detect illicit drug use and/or to monitor medication compliance. The recent increase in the number of pain management and opioid dependency clinics has resulted in a significant increase in the demand for drug abuse testing equipment, including analyzers and rapid testing devices.

Factors driving the growth of the drug of abuse testing equipment market are the growing number of people who consume alcohol and illicit drugs such as marijuana, and others, coupled with technological advancements in drug screening/testing devices. However, the stringent government regulations mandating drug screening is expected to hamper the growth of the market. Moreover, increasing interest of companies in drug of abuse testing and rising drug related mortality and increasing government & non-government institutions initiatives is anticipated to boost the market growth.

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1. Alere Inc.
2. Laboratory Corporation of America Holdings
3. Roche Diagnostics
4. Thermo Fisher Scientific Inc.
5. Drägerwerk AG & Co. KGaA
6. Siemens Healthineers
7. Express Diagnostics International Inc.
8. Shimadzu Corporation
9. OraSure
10. Alfa Scientific Designs

Highlights the following key factors:

1) Business description-A detailed description of the company’s operations and business divisions.

2) Corporate strategy – Analyst’s summarization of the company’s business strategy.

3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.

4) Company history – Progression of key events associated with the company.

5) Major products and services-A list of major products, services, and brands of the company.

6) Key competitors – A list of key competitors to the company.

7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.

8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Drug of Abuse Testing Equipment Market which would mention How the Covid-19 is Affecting the Drug of Abuse Testing Equipment Market Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Drug of Abuse Testing Equipment Market Players to fight Covid-19 Impact.

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Segmentation

The drug of abuse testing equipment market is segmented on the basis of products, testing type, and end user. Based on products, the market is segmented as analyzers, rapid testing devices, and consumables. Analyzers sub segmented as immunoassays, chromatographic devices, and breath analyzers. Rapid testing devices sub segmented as urine testing and oral fluid testing. Consumables sub segmented as fluid collection devices. On the basis of testing type, the market is categorized as pain management testing, criminal justice testing, and workplace screening. On the basis of end user, the market is categorized as hospitals, diagnostic laboratories, on-the-spot testing, and forensic laboratories.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Drug of Abuse Testing Equipment Market based on product and application. It also provides market size and forecast till 2027 for overall Drug of Abuse Testing Equipment Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Drug Of Abuse Testing Equipment Market - By Products
1.3.2 Drug Of Abuse Testing Equipment Market - By Testing Type
1.3.3 Drug Of Abuse Testing Equipment Market - By End user
1.3.4 Drug Of Abuse Testing Equipment Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DRUG OF ABUSE TESTING EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DRUG OF ABUSE TESTING EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

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