Press release
Brazil Drug of Abuse Testing Market is Expected to Reach USD 216.36 Million, Growing at a CAGR of 6.47% between 2023 and 2030 | IGR
Infinium Global Research has added a new report on Brazil Drug of Abuse Testing Market. The report covers the analysis of the regional markets of Brazil. Moreover, the report gives insights into the factors that affect the regional performance of the market in the short run and in the long run. The Brazil drug of abuse testing market is a customer intelligence and competitive study of the demand, forecasts, trends, and macro indicators in the Brazil market. The dynamics include drivers, restraints, opportunities, political, and socioeconomic factors, technological factors, key trends, and future prospects. The Brazil drug of abuse testing market was valued at USD 139.52 Million in 2022 and is expected to reach USD 216.36 Million by 2030 and grow at a CAGR of 6.47% over the forecast period.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/brazil/sample-request/16087
Government Initiatives and Legislation
Brazil is dedicated to combating drug trafficking and reducing drug consumption through various means, including legal measures. In March 2016, the government introduced legislation requiring all professional drivers to undergo toxicological testing by providing hair samples when joining or departing from haulage companies or when obtaining or renewing their driving licenses. Illicit drug use is a significant concern among Brazilian professional drivers, and these measures are aimed at enhancing safety and preventing accidents.
The Brazilian government's commitment to the international narcotics monitoring system and its close diplomatic and trade ties with the United States has led to the adoption of a prohibitionist approach in line with the U.S. war on drugs. Moreover, many business organizations in Brazil have implemented drug testing programs in the workplace since 1992. These programs are part of Brazilian employee assistance initiatives, which focus on rehabilitation rather than layoff and disciplinary measures.
Barriers to Overcome
Despite these efforts, Brazil faces challenges in its fight against drug abuse. Notably, insufficient funding for substance abuse testing and treatment poses a significant hurdle. While funding for preventive measures doubled between 2015 and 2017, inconsistencies exist between budget allocations and actual spending in this sector. Bureaucratic obstacles also hinder the delivery of substance abuse services, leading to delays in client access to treatment programs and reduced time for therapeutic services.
Additionally, low awareness and inadequate social support are factors expected to affect the market's growth in Brazil. These challenges are critical areas for improvement in the country's approach to addressing drug abuse.
The Opioid Challenge
A report by the National Center for Biotechnology Information (NCBI) highlights the increasing sale of opioids from registered pharmacies in Brazil. Sales grew by a staggering 465% within six years, from 1,601,043 prescriptions in 2009 to 9,045,945 prescriptions in 2015. This surge in opioid sales has resulted in opioid use disorders and overdoses, prompting actions to carefully monitor supply and adopt policy- and system-level precautions. As a result, the changing landscape of opioid use offers new opportunities for the drug of abuse testing market in Brazil.
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Table of Content
Chapter 1. Introduction
1.1 Report Description
1.1.1 Segmentation and Research Scope
1.1.2 Definition, Abbreviations, and Assumptions
1.2 Research Methodology
1.2.1 Methodology
1.2.2 Research Methodology: An Outline
1.3 Research Approaches
Chapter 2. Executive Summary
2.1 Brazil Drug of Abuse Testing Market Highlights, (USD Million)
2.2 Brazil Drug of Abuse Testing Market Projection
Chapter 3. Market Overview & Competitiveness
3.1 DRO Analysis
3.1.1 Drivers
3.1.2 Challenge
3.1.2.1 Inadequate infrastructure for providing drug testing services and low threshold of drug abuse testing laws in Brazil
3.1.3 Opportunities
3.1.3.1 Rising trends of prescription opioid sales in Brazil
3.2 COVID-19 IMPACT Analysis of Brazil Drug of Abuse Testing Market
3.3 PEST-Analysis of Brazil Drug of Abuse Testing Market
3.4 Porter's Diamond Model for Brazil Drug of Abuse Testing Market
3.5 IGR- Growth Matrix Analysis
3.6 Competitive Landscape in the Drug of Abuse Testing Market
3.6.1 Company Shares
Chapter 4. Brazil Drug of Abuse Testing Market, By Product Type
4.1 Introduction
4.1.1 Analyzers
4.1.1.1 Immunoassays Analyzers
4.1.1.2 Chromatographic Devices
4.1.1.3 Breath Analyzers
4.1.2 Rapid Testing Devices
4.1.2.1 Urine Testing Devices
4.1.2.2 Oral Fluid Testing Devices
4.1.3 Consumables
Chapter 5. Brazil Drug of Abuse Testing Market, By Sample Type
5.1 Introduction
5.1.1 Saliva
5.1.2 Urine
5.1.3 Blood
5.1.4 Other Sample Types
Chapter 6. Brazil Drug of Abuse Testing Market, By End User
6.1 Introduction
6.1.1 Hospitals
6.1.2 Diagnostic Laboratories
6.1.3 Forensic Laboratories
6.1.4 Other End Users
Chapter 7. Company Profiling
7.1 Thermo Fisher Scientific Inc.
7.1.1.1 Overview
7.1.1.2 Company Snapshot
7.1.1.3 Product Portfolio
7.2 Siemens AG
7.2.1 Overview
7.2.2 Company Overview
7.2.3 Product Portfolio
7.3 NEOGEN Corporation
7.3.1 Overview
7.3.2 Company Overview
7.3.3 Product Portfolio
7.4 Xiamen Boson Biotech Co., Ltd
7.4.1 Overview
7.4.2 Company Overview
7.4.3 Product Portfolio
7.5 Beckman Coulter, Inc. (Danaher Corporation)
7.5.1 Overview
7.5.2 Company Overview
7.5.3 Product Portfolio
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/brazil/enquiry/16087
Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of Brazil drug of abuse testing.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts is engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meetings with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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