Press release
Specimen Validity Testing Products Market is to Witness Significant Growth between 2023-2030 | LabCorp, Quest Diagnostics, Alere Toxicology, Sciteck, Inc.
Drug testings is generally performed as analysis of biological samples such as urine, blood plasma, breath, and sweat. Specimen validity test (SVT) is regarded as specimen analysis to determine conformity with normal human urine. The examination of dilution, substitution, or adulteration is performed on specimen. The Substance Abuse and Mental Health Services Administration (SAMHSA) has given recommendations that laboratories must follow when conducting specimen validity testing. According to the guidelines recommended by SAMHSA specimen validity testing involves examination of physical characteristics, creatinine level, specific gravity, pH, oxidizing adulterants, and interfering substances. SVT is an integrated part of every urine drug screening and is routinely used in a number of applications, including drug screening, pain management studies and drug abuse testing.The Specimen Validity Testing Products market is anticipated to grow in the forecast period owing to driving factors such as the rising prevalence of prostate cancer growing majorly in North America Asia Pacific and other regions. The rising geriatric population across the world is leading the growth of the market during the forecast period. The growing advancement in healthcare and developments in oncology are likely to create growth opportunities during the forecast period.
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Some of the Prominent/Emerging Players in the Specimen Validity Testing Products Market:
• Thermo Fisher Scientific
• Sciteck, Inc.
• American Bio Medica Corporation (ABMC)
• Express Diagnostics
• Premier Biotech.
• LabCorp
• Quest Diagnostics
• Alere Toxicology
• ACM Global Laboratories
• Clinical Reference Laboratory (CRL)
MARKET SEGMENTATION
The market is split into further categories based on Market by Type:
• Laboratory Testing Products
• Rapid/POC Testing Products
The market is split into further categories based on Market by Application:
• Hospital
• Laboratory
• Other
Key Questions Regarding Current Specimen Validity Testing Products Market Landscape
1. What are the current options for Specimen Validity Testing Products Market?
2. How many companies are developing for the Specimen Validity Testing Products Market?
3. What are the key collaborations (Industry-Industry, Industry-Academia), Mergers and acquisitions, and significant licensing activities that will impact the Specimen Validity Testing Products market?
4. What are the dormant and discontinued products and the reasons for the same?
5. What is the unmet need for current Specimen Validity Testing Products Market?
6. What are the current novel therapies, targets, mechanisms of action, and technologies developed to overcome the limitations of existing Specimen Validity Testing Products?
7. What are the critical designations that have been granted for Specimen Validity Testing Products Market?
To comprehend Global Specimen Validity Testing Products market dynamics in the world, the worldwide market is analyzed across major global regions: North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)
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The report specifically highlights the Specimen Validity Testing Products market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
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