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Narcotics Scanner Market Size, Share, Trends, Drivers And Forecast 2023-2032

Narcotics Scanner Market Report

Narcotics Scanner Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Narcotics Scanner Global Market Report 2023 identifies Constant surge in the number of drug users as the major driver for the narcotics scanner market's growth in the forecast period. The COVID-19 crisis resulted in great poverty, unemployment, social pressures, and mental health issues, all of which intensified drug users' addiction. A narcotics scanner is a security device that is being used to detect drugs and hazardous substances taken by drug users.

The global narcotics scanner market size grew from $6.36 billion in 2022 to $7.02 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The narcotics scanner market size is expected to grow to $9.5 billion in 2027 at a CAGR of 7.9%.

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Major competitors in the narcotics scanner market are Astrophysics Inc., Bruker Corporation, Thermo Fisher Scientific Inc., KLIPPER Enterprises, NUCTECH Company Ltd., OSI Systems Inc., Smiths Group PLC, Leidos, Viken Detection, Autoclear, Kapri Corp., CDex Inc., TactiScan, DetectaChem, and Rapiscan Systems.

A key trend in the narcotics scanner market includes technological advancements. Astrophysics Inc., Bruker Corporation, Thermo Fisher Scientific Inc., KLIPPER Enterprises, NUCTECH Company Ltd., OSI Systems Inc., Smiths Group PLC, Leidos, Viken Detection, Autoclear, Kapri Corp., CDex Inc., TactiScan, DetectaChem, and Rapiscan Systems.

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The narcotics scanner market is segmented -
•By Product Type: Handheld Scanner, Tabletop Scanner, Walkthrough Scanner
•By Technology: Ion Mobility Spectrum Technology, Contraband Detection Equipment, Videoscope Inspection System, Infrared Spectroscopy
•By End-User: Airport, Sea Port, Railway Terminal, Law Enforcement, Defense And Military, Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the narcotics scanner market.

The Business Research Company's "Global Narcotics Scanner Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Narcotics Scanner Market Include:
1. Executive Summary
2. Narcotics Scanner Market Characteristics
3. Narcotics Scanner Market Trends And Strategies
4. Narcotics Scanner Market - Macro Economic Scenario
5. Narcotics Scanner Market Size And Growth
……
26. Africa Narcotics Scanner Market
27. Narcotics Scanner Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Narcotics Scanner Market
29. Narcotics Scanner Market Future Outlook and Potential Analysis
30. Appendix

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