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Drug Screening Market Future Trends, Business Growth, Size, Share, Scope, Latest Technologies, Segmentation, Dynamics and Forecast to 2029

11-14-2024 06:04 PM CET | Health & Medicine

Press release from: ABNewswire

The size of global drug screening market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $19.5 billion by 2029

The size of global drug screening market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $19.5 billion by 2029

Drug Screening market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $19.5 billion by 2029, growing at a CAGR of 16.6% from 2024 to 2029 according to a latest report published by MarketsandMarkets Trademark .
Drug Screening market [https://www.marketsandmarkets.com/Market-Reports/drug-alcohol-screening-market-162987773.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=paidpr] in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $19.5 billion by 2029, growing at a CAGR of 16.6% from 2024 to 2029 according to a latest report published by MarketsandMarkets Trademark .

Growth in this market is attributed to the increasing drug & alcohol consumption and the implementation of stringent laws mandating drug & alcohol testing. However, bans on workplace drug testing in specific countries are some key factors that may hinder market growth.

By drug screening product, rapid testing device market is divided into urine testing and oral fluid testing devices. Urine testing devices market is expected to account for the largest share in the market in 2024. However, the oral fluid testing devices is expected to register the highest growth rate during the 2024-2029. Rapid urine testing provides results within minutes. It utilizes immunoassay technology, which is the same as laboratory-based instrument screening. Rapid urine tests are used by employers for random testing and by criminal justice systems, law enforcement agencies, drug treatment centers, hospitals. The urine testing devices market is categorized into drug testing cups, dip cards, and cassettes. The drug testing cups segment accounted for the largest market share in 2023.

By sample type, drug screening market is divided into urine, oral fluid (saliva), hair, breath, and other samples. The urine sample is accounted for the largest share in 2023. However, the oral fluid samples segment is expected to register the highest CAGR during the forecast period. The high growth rate of this segment is largely due to the growing preference for oral fluid samples and their benefits, such as easy collection, no specific requirement for sample collection, and lower risk of sample adulteration.

By end user, the drug screening is divided into workplaces, criminal justice systems & law enforcement, drug treatment centers, pain management centers, schools & colleges, hospitals, individual users, drug testing laboratories, and other end users. The drug testing laboratories testing segment accounted for the largest market share in 2023, owing to growing drug abuse cases & rising screening tests.

The global drug screening market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. In 2023, North America dominated the global drug screening market followed by Europe. On the other hand, Asia Pacific is expected to grow at the highest growth rate during the forecast period. The high growth of this regional segment is attributed due to the expanding illegal consumption of drugs, the developing healthcare infrastructure and soaring adoption of stringent regulatory guidelines for drug testing.

Buy a Drug Screening Industry Report (533 Pages PDF with Insightful Charts, Tables, and Figures): https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=162987773 [https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=162987773&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=paidpr]

Prominent Players of Drug Screening Market

* Labcorp (US)
* Quest Diagnostics (US)
* Abbott (US)
* Thermo Fisher Scientific Inc. (US)
* Alfa Scientific Designs, Inc. (US)
* OraSure Technologies Inc. (US)
* Siemens Healthineers AG (Germany)
* F. Hoffmann-La Roche Ltd (Switzerland)
* MPD Inc. (US)
* Shimadzu Corporation (Japan)
* Lifeloc Technologies, Inc. (US)
* Dragerwerk AG & Co. KGaA (Germany)
* Premier Biotech, Inc. (US)
* Omega Laboratories, Inc. (US)
* Psychemedics Corporation (US)
* Clinical Reference Laboratory, Inc. (US)
* American Bio Medica Corporation (US)
* ACM Global Laboratories (US)
* CareHealth America Corp (US)
* Sciteck, Inc. (US)
* Intoximeters, Inc. (US)
* AccuSourceHR, Inc. (US)
* Cordant Health Solutions (US)
* Intoxalock (US)
* Millennium Health (US)
* and Among others

The study categorizes the Drug screening market into the following segments and subsegments:

By Product and Service

* Drug Screening Product

* Analytical Instruments

* Type

* Breathalyzers

* Fuel Cell Breathalyzer
* Semiconductor Breathalyzer
* Other Breathalyzers

* Immunoassay Analyzer
* Chromatography Instruments

* Modality

* Handheld
* Benchtop

* Rapid Testing Devices

* Urine Testing Devices

* Drug Testing Cups

* Dip Cards

* Drug Testing Cassettes

* Oral Fluid Testing Devices

* Consumables

* Assay Kits
* Sample Collection Devices
* Calibrators & Controls
* Other Consumables

* Drug Screening Services

* Laboratory Testing Services
* On-site services

By Sample Type

* Urine Samples
* Breath Samples
* Oral Fluid Samples
* Hair Samples
* Other Samples

By Drug Type

* Alcohol
* Amphetamine and Meth Amphetamine
* Other Drug Type

By End User

* Drug Testing Laboratories
* Workplaces
* Criminal Justice and Law Enforcement Agencies
* Hospitals
* Drug Treatment Centers
* Individual Users
* Pain Management Centers
* Schools and Colleges
* Other end users

By Region

* North America

* US
* Canada

* Europe

* Germany
* France
* UK
* Italy
* Spain
* Rest of Europe

* Asia Pacific

* China
* Japan
* India
* Rest of Asia Pacific

* Latin America

* Brazil
* Mexico
* Rest of Latin America

* Middle East & Africa

* GCC countries
* Rest of middle East & Africa

Request for FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=162987773 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=162987773&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=paidpr]

Key Market Stakeholders:

* Drug and alcohol testing laboratories
* Drug and alcohol testing product manufacturers
* Rapid drug screening device manufacturers
* Law enforcement agencies
* Healthcare providers
* Government agencies
* Research and consulting firms
* Venture capitalists

Report Objectives:

* To define, describe, and forecast the global drug screening market based on the product and service, sample type, drug type, end user and region.
* To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, challenges, and opportunities)
* To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall drug screening market.
* To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
* To forecast the size of the market segments with respect to five main regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
* To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies.
* To track and analyze competitive developments such as acquisitions, product and services launches, approvals, expansions, agreements, partnerships, and R&D activities in the drug screening market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=162987773 [https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=162987773&utm_source=globenewswire&utm_medium=referral&utm_campaign=paidpr]

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=drug-screening-market-future-trends-business-growth-size-share-scope-latest-technologies-segmentation-dynamics-and-forecast-to-2029]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/drug-alcohol-screening-market-162987773.html



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