Press release
Global Drug Screening Market: Significant Growth Driven by Innovation and Changing Regulations
Drug Screening Market Scope
The Emergence of New Technologies and Regulations Are Transforming the Future of the Drug Screening Market
What Is The Projected Market Size Of The Global Drug Screening Market And Its Growth Rate?
The global drug screening market is predicted to experience significant growth in the coming years driven by an array of factors, primarily technological advancements and changing regulations. Key statistics are as follows:
• The market value will grow from $8.57 billion in 2024 to $9.79 billion in 2025, marking a CAGR of 14.2%
• The substantial growth is linked to pharmaceutical drug testing, investments in research and development, healthcare, clinical diagnostics, and substance abuse treatment
• By 2029, the market is projected to reach a staggering $17.1 billion with a CAGR of 15.0%
• Factors contributing to this projected increase include the legalization of and the opioid crisis, increasing sports events, the development of point-of-care and rapid testing, evolving drug policies and regulations, and growing workplace wellness and health programs.
What Is Driving The Growth In The Drug Screening Market?
The worldwide drug screening market is on an upward trend due to the growing prevalence of drug and alcohol consumption. Drug addiction negatively impacts the brain and behaviour, causing the inability to control the use of legal or illegal drugs, including substances like alcohol, marijuana and nicotine. Increased drug and alcohol consumption raises disease risks, leading to a higher need for drug screening. The National Survey on Drug Use and Health reported that in 2022, 13.5% of Americans aged 12 and over used drugs in the last month, marking a 3.8% YoY increase. The report also indicated that 59.277 million or 21.4% of individuals aged 12 and over used illegal drugs or misused prescription drugs in the past year. The pandemic further magnified the issue, increasing youth intake by up to four times in parts of the world, thereby driving the growth of the drug screening market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6369&type=smp
Who Are the Key Players Driving Drug Screening Market Growth?
The global drug screening market comprises of several major players driving its growth, including:
• Laboratory Corporation
• Quest Diagnostics Incorporated
• OraSure Technologies Inc.
• Alfa Scientific Designs Inc.
• Abbott Laboratories
• Thermo Fisher Scientific Inc.
• Drägerwerk AG & Co. KGaA
• LifeLoc Technologies Inc.
• MPD Inc.
• Omega Laboratories Inc.
What Are The Key Trends In The Drug Screening Market?
The drug screening market is marked by several emerging trends including:
• Advanced drug detection technology
• Telemedicine and remote testing
• Heightened investments in research and development
• Innovative drug testing kits and devices
• Technological advancements in testing
What Are The Segments Of The Global Drug Screening Market?
The drug screening market can be segmented into:
• Products: Rapid Testing Devices, Consumables, Other Products
• Sample Type: Oral Fluid Sample, Hair Sample, Urine Sample, Breath Sample, Others
• End-User: Drug Testing Laboratories, Workplaces, Criminal Justice and Law Enforcement Agencies, Hospitals, Drug Treatment Centers, Individual Users, Pain Management Centers, Schools, and Colleges
Which Region Leads The Drug Screening Market?
North America led the drug screening market in 2024, with Asia-Pacific projected to be the fastest growth region in the forecast period. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/drug-screening-global-market-report
What Is Covered In The Drug Screening Market Global Market Report?
• Market Size Analysis
• Market Segmentation Analysis
• Key Player Focus
• Growth Trends Analysis
• Market Contribution
• Growth Drivers
• Industry Challenges
• Competitive Developments
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=6369&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports across 27 industries covering 60+ geographies, The Business Research Company has built a reputation for delivering comprehensive data-rich research and insights. The firm's flagship product, the Global Market Model (GMM) is a premier market intelligence platform delivering comprehensive and up-to-date forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Drug Screening Market: Significant Growth Driven by Innovation and Changing Regulations here
News-ID: 3814015 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Drug
Injectable Drug Delivery Market Injectable Drug Delivery Market
Leading market research firm SkyQuest Technology Group recently released a study titled ' Injectable Drug Delivery Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Injectable Drug Delivery report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Injectable Drug Delivery Market extensively demonstrates existing and upcoming…
Global Advanced Drug Delivery Systems Market Size - By Product Type(Oral Drug De …
Market Overview and Report Coverage
Advanced Drug Delivery Systems (ADDS) refer to innovative technologies designed to improve the administration and efficacy of therapeutics, enhancing the way medications are delivered to targeted areas within the body. These systems aim to optimize treatment outcomes by increasing the bioavailability, reducing side effects, and facilitating controlled drug release. Employing methods such as nanoparticles, liposomes, and implantable pumps, ADDS are revolutionizing personalized medicine and expanding therapeutic…
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Pric …
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Price, and Clinical Trials Outlook 2029 Report Highlights:
* Global Antibody Drug Conjugates Market Opportunity: > 40 Billion By 2029
* Global and Regional Antibody Drug Conjugate Market Insight
* Approved Drugs Sales Insight Global and Regional, Yearly and Quarterly, 2019 -2023
* Approved Antibody Drug Conjugates - Availability, Dosage and Price Insight
* Insight On Antibody Drug Conjugates In Clinical Trials: > 550…
Alcohol Testing And Drug Testing Equipment Market 2025 Segmentation, Application …
Market Study Report, LLC, has compiled an exhaustive research study of the ‘Alcohol Testing And Drug Testing Equipment market’, detailing every single market driver and intricately analyzing the business vertical. This ‘Alcohol Testing And Drug Testing Equipment market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions.
Alcohol abuse and drug…
How much Diabetes Drug Market Impact Worldwide Medical Drug Industry?
Diabetes Drug Market From an insight perspective, the market report focuses on various levels of analyses — industry analysis, market rank analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries as well as their respective regulatory policies, Types ,Applications and opportunities in the market.
Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two types of diabetes…
Hepatitis Drug Market Hepatitis Drug Clinical Pipeline Report 2023
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. Introduction to Hepatitis Disease
1.1 Prologue
1.1.1 History of Hepatitis
1.1.2 Causes of Hepatitis Disease
1.2 Types of Viruses which are Responsible for Hepatitis Disease
2. Global Prevalence of Hepatitis Infection
3. Available Drug Classes for Hepatitis Disease Treatment
3.1 Interferon Alfa Therapy
3.2 Protease Inhibitors Therapy
3.3 Polymerase…
