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Drug Abuse Testing Market Growth Strategy, Geographical Segmentation, Investment Opportunities, Future Trends, Demand, PEST Analysis and Forecast to 2028

02-10-2023 08:14 AM CET | Health & Medicine

Press release from: The Insight Partners

Drug Abuse Testing Market

Drug Abuse Testing Market

Drug abuse testing is used to perform to detect and evaluate overdose and drug intoxication, Marijuana, Opiates, LSD, Cannabinoids, Amphetamines, Alcohol, Diazepam, and Ketamine, are commonly used drugs of abuse. The growth of the Drug Abuse Testing market is attributed to the increase in the emerging market is likely to have a positive impact on the demand for the market during the forecast period. However, the growth of the market is restrained by a factor such as dearth of trained laboratory professionals.

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Illicit drugs, including , amphetamines,, hallucinogens are substances that can inhibit the central nervous system and also cause hallucinogenic effects. The National Household Survey on Drug Abuse (NSDUH) is a primary source of information on the patterns, prevalence, and consequences of alcohol, illegal drug use, and abuse in the general U.S.

As per statistics provided by the National Survey on Drug Use and Health (NSDUH), approximately 19.7 million American adults (above 12 years of age) have faced a substance use disorder in 2017. According to SAMHSAM, marijuana is the most commonly used illicit drug in the United States. The laws regarding the use of marijuana have changed in several countries over the past decades. Marijuana classified as a Schedule I drug that is considered as having a high potential for drug abuse that has no currently accepted medical use in treatment in the United States yet. Almost 38% of the adult population in the U.S. have battled an illegal drug use disorder during the year 2017. Other than illicit drugs, the consumption of alcohol has observed among the individuals in the country. Nearly 74% of adults suffering from a substance use disorder in 2017 also struggled with an alcohol use disorder.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Company Profiles-
OraSure Technologies, Inc
UCP Biosciences
MEDACX Ltd
Beckman Coulter, Inc
Alcolizer Pty Ltd
Wondfo
Redwood Toxicology Laboratory (Abbott)
F. Hoffmann-La Roche Ltd
Siemens
Thermo Fisher Scientific, Inc

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position are explained to help make a well informed decision. Competitive landscape of Drug Abuse Testing Market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

Segments-

Product-Based Insights

In terms of product, the Drug Abuse Testing market is segmented into rapid testing devices, analyzers and consumables. In 2018, the rapid testing devices segment held the most significant market share 49.98% of the drug abuse testing market, by product.

Sample Type-Based Insights

Based on sample type, the Drug Abuse Testing market is segmented into blood, urine, saliva and other sample types. In 2018, the urine segment held the most significant market share 37.32% of the drug abuse testing market, by sample type.

End User-Based Insights

In terms of end user, the Drug Abuse Testing market is segmented into hospitals, diagnostic laboratories and forensic laboratories. In 2018, the hospitals segment held the most significant market share 38.17% of the drug abuse testing market, by end user. This segment is also anticipated to dominate the market in 2027.

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Contact Us:

If you have any queries about this report or if you would like further information, please

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, and Chemicals

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