Press release
Drug Screening Market Size 2022 | Boosting The Industry Growth, Dynamics and Trends, Global Forecast to 2027 | Abbott Laboratories
Drug Screening Market
The latest research study "Drug Screening Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global drug screening market reached a value of US$ 5.42 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.36 Billion by 2027, exhibiting a CAGR of 9.30% during 2022-2027.
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Drug screening is the process of analyzing samples of blood, urine, hair, or saliva with immunoassays (IAs) or gas chromatography (GC) with mass spectrometry (MS) to identify the presence of a drug in the body. It is used in numerous settings, such as legal prosecution, risk management, rehabilitation, clinical care, and occupational health. It also helps evaluate patients receiving opioid therapy for adherence and abuse potential. In addition, it aids in the triage of patients with altered mental conditions in rehabilitation. As a result, drug screening finds extensive applications in different medical settings across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Drug Screening Market Trends and Drivers:
The global drug screening market is primarily driven by the rising emphasis on creating a safe workplace, as drug abuse can adversely affect employee health, safety, productivity, and morale. Moreover, the increasing number of fatal road accidents has augmented the demand for drug screening to maintain road safety. Additionally, governments of numerous countries are implementing stringent policies to mandate drug screening for military, national security, personnel law enforcement, and public health, which has catalyzed market growth.
Furthermore, there has been widespread product usage in sports and athletic competitions to identify performance-enhancing drugs such as steroids and human growth hormone (HGH) in professional athletes. In line with this, the rising participation of individuals in professional sports is another major growth-inducing factor.
Besides this, the increasing number of opioid dependency and pain management clinics is contributing to the market growth. Other factors, including the growing incidences of substance abuse and illegal drug use by teenagers and the rising alcohol consumption, are also anticipated to create a favorable market outlook.
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Global Drug Screening Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Drug Screening Companies:
Abbott Laboratories, Alfa Scientific Designs Inc., Bio-Rad Laboratories Inc., Drägerwerk AG & Co. KGaA, Laboratory Corporation of America Holdings, Lifeloc Technologies Inc., Omega Laboratories Inc., OraSure Technologies Inc., Psychemedics Corporation, Quest Diagnostics Incorporated, Siemens AG and Thermo Fisher Scientific Inc.
The report has segmented the market on the basis of region, product and service, sample type and end user.
Breakup by Product and Service:
• Equipment
o Immunoassay Analyzers
o Chromatography Instruments
o Breath Analyzers
• Rapid Testing Devices
o Urine Testing Devices
o Oral Fluid Testing Devices
• Consumables
o Assay Kits
o Sample Collection Cups
o Calibrators and Controls
o Others
• Laboratory Services
Breakup by Sample Type:
• Urine Samples
• Breath Samples
• Oral Fluid Samples
• Hair Samples
• Others
Breakup by End User:
• Hospitals
• Drug Testing Laboratories
• Workplaces
• Drug Treatment Centers
• Pain Management Centers
• Personal Users
• Criminal Justice System and Law Enforcement Agencies
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/drug-screening-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Research Report of IMARC Group :
Neurology Devices Market Size 2023-2028 : https://www.digitaljournal.com/pr/neurology-devices-market-size-2023-share-trends-industry-growth-analysis-2028
Orthodontics Market Size 2023-2028 : https://www.digitaljournal.com/pr/orthodontics-market-size-2023-share-growth-research-report-and-forecast-till-2028
Time and Attendance Software Market Growth 2022-2027 : https://www.digitaljournal.com/pr/time-and-attendance-software-market-growth-2022-top-companies-overview-report-and-industry-forecast-to-2027
Home Improvement Services Market Share 2022-2027 : https://www.digitaljournal.com/pr/home-improvement-services-market-share-2022-top-companies-overview-growth-report-2027
Smart Mobility Market Size to Worth Around US$ 115.4 Billion by 2027 : https://www.digitaljournal.com/pr/smart-mobility-market-size-to-worth-around-us-115-4-billion-by-2027-with-growth-rate-cagr-of-17-60
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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