Drugs of Abuse Testing Devices Market is expected to reach a value of $ 23.2 billion by 2032- F. Hoffmann La-Roche, Siemens Healthineers, Thermo Fisher Scientific, Abbott, Shimadzu, Laboratory Corporation of America Holdings, Dragerwerk, Express Diagnosti

The global drug of abuse testing services market size was valued at USD 3.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2032. The global drug of abuse testing services market will reach at $ 23.2 billion by 2032. An increase in the consumption of alcohol and illicit drugs has led to the high growth of the market. The rise in government initiatives to monitor and combat substance abuse is also significantly driving the market. According to the United Nations Office on Drugs and Crime (UNODC) 2019 data, around 35 million people with substance use disorders were in need of treatment globally. Around 55% of the substance use disorders are associated with opioids and 25% with marijuana. In 2017, 188 million past-year users were estimated across the world, as per the UNODC data. On the basis of the National Center for Drug Abuse Statistics (NCDAS), around 1.5% to 5% of diseases are direct consequences of using illegal drugs or alcohol addiction.

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Leading players of Drugs of Abuse Testing Devices including:

F. Hoffmann La-Roche, Siemens Healthineers, Thermo Fisher Scientific, Abbott, Shimadzu, Laboratory Corporation of America Holdings, Dragerwerk, Express Diagnostics International

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Drug Type Insights
The /marijuana segment dominated the overall market in 2020 with a share of 26.0%. This can be attributed to the fact that marijuana or is the most commonly used illicit drug in the world. According to the Substance Abuse and Mental Health Services Administration, in 2018, the most commonly used illicit drug in the U.S. was marijuana, which was used by about 43.5 million people. Based on drug type, the market is segmented into alcohol, /marijuana,, opioids, amphetamine and methamphetamine, LSD, and others.

The opioids segment accounted for the second-largest share in 2020. This can be attributed to the increasing opioid crisis in key regions, such as North America and Europe. As per data published by the National Center for Drug Abuse Statistics, in 2018, around 2 million people in the U.S. had opioid use disorder (including abuse and prescription pain reliever). Furthermore, key players in the market are undertaking organic growth strategies to expand their opioids testing portfolio

Asia Pacific is anticipated to witness lucrative growth over the forecast period as a result of the growing demand for substance abuse testing services from emerging economies, such as China and India. The increasing prevalence of substance abuse disorders in key Asia Pacific countries and continuous initiatives undertaken by regulatory bodies to manage it are expected to drive the segment during the forecast period. However, the lack of clear regulations related to workplace drug testing, and nationwide lockdowns due to the COVID-19 pandemic are anticipated to be the major factors hampering the market growth.

Key Companies & Market Share Insights
The key players adopt different growth strategies, such as new product development, product differentiation strategies, and expansion of geographical reach, to capture significant shares in the market. For instance, in September 2019, Psychemedics Corporation entered into a new distribution agreement with Toxicologia Pardini Ltda. and Sansão Holding S.A. in Brazil. As per the new contract, Toxicologia Pardini and Sansão were designated as a distributor of Psychemedics' hair drug testing services in Brazil. With this, the company expanded its presence in the Brazilian market. Some prominent players in the global drug of abuse testing services market include:

Quest Diagnostics

Abbott Laboratories

Clinical Reference Laboratory (CRL), Inc.

Laboratory Corporation of America Holdings

Cordant Health Solutions

Legacy Medical Services

DrugScan

Omega Laboratories, Inc.

Psychemedics Corporation

Millennium Health

Mayo Clinic Laboratories

Precision Diagnostics

American Substance Abuse Professionals (ASAP), Inc.

United States Drug Testing Laboratories (USDTL), Inc.

LGC Group

The market analysis done with statistical tools also helps to analyze many aspects that include the demand, supply, storage costs, maintenance, profit, sales, and production details of the market. Furthermore, the global Drugs of Abuse Testing Devices research report provides the details about the Drugs of Abuse Testing Devices share, import volume, export volume, and the gross margin of the companies.

Drugs of Abuse Testing Devices Segmentation by Type:

Saliva Testing, Breath Testing, Urine Testing, Blood Testing, Hair & Sweat Testing.

Drugs of Abuse Testing Devices Segmentation by Application:

Hospitals, Diagnostics Laboratories, On-The-Spot Testing, Forensic Laboratories

Drugs of Abuse Testing Devices report answers some key questions:

What is the expected growth of global Drugs of Abuse Testing Devices after covid-19 vaccine or treatment is found?
• What are the new business practices that can be implemented post-pandemic to remain competitive, agile, customer-centric, and collaborative in the global Drugs of Abuse Testing Devices?
• Which specific sectors are expected to drive growth in the global Drugs of Abuse Testing Devices?
• What are key government policies and interventions implemented by leading global Drugs of Abuse Testing Devices countries to help further adoption or growth of Drugs of Abuse Testing Devices .
• How have the market players or the leading global Drugs of Abuse Testing Devices firms have addressed the challenges faced during the pandemic?
• What growth opportunities the global Drugs of Abuse Testing Devices offers?
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Highlights of the Report:

The report provides Drugs of Abuse Testing Devices industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Drugs of Abuse Testing Devices segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Drugs of Abuse Testing Devices.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Drugs of Abuse Testing Devices for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Drugs of Abuse Testing Devices industry economy and performance of the market players in the same context.
Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Drugs of Abuse Testing Devices by Players
4 Drugs of Abuse Testing Devices by Regions
4.1 Drugs of Abuse Testing Devices Size by Regions
4.2 Americas Drugs of Abuse Testing Devices Size Growth
4.3 APAC Drugs of Abuse Testing Devices Size Growth
4.4 Europe Drugs of Abuse Testing Devices Size Growth
4.5 Middle East & Africa Drugs of Abuse Testing Devices Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Drugs of Abuse Testing Devices Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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