Press release
On-Site Drug Abuse Testing Products Market Assessment Till 2021
The economic burden of illegal drug use or substance abuse in most developed countries has spiked considerably in recent years with the rising addiction and usage among all age groups. In United States for instance, it is estimated that the yearly economic impact of substance misuse is $249 billion for alcohol and $193 billion for illicit drugs. The economic burden is estimated through loss of productivity, crime, loss of property and damage along with loss of lives. Illegal drugs and alcohol are just one part of the problem, since there is a growing incidence of prescription and performance drug abuse.In light of this growing impact and burden, many regulatory authorities and organizations that include armed personnel, police, NGOs, aviation industry, sports and athlete federations, deaddiction facilities and even corporate institutions now routinely conduct on-site drug abuse testing and laboratory drug abuse testing. There are multiple methods that include rapid spot tests using devices such as breath analyzers, assay kits or portable labs. Companies conduct drug testing for pre-employment, random testing, under suspicion and routine testing. Police and armed forces conduct similar tests for security reasons on people under suspicion or even on members of the force. In addition to killing over 200,000 people each year as mentioned by WHO, data aggregated from sources such as National Survey on Drug Use and Health indicate a growing number of people losing jobs due to loss in productivity.
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This report estimates the market for products that include devices and kits such as rapid chemical testing, breath analyzers, saliva or other fluid testing products. The on-site drug testing market is anticipated to grow the fastest with changing regulations across the world. The on-site testing is rapid and can deliver results within 10-15 minutes. These are non-invasive and use saliva, hair follicles, urine, breath or sweat for giving results. These products are "Waived Category" of tests according to the SAMHSA categorization standards that define them as the easiest to use and do not require specialized personnel or training.
The rapid on-site drug abuse testing market is quite fragmented with a number of players operating across the world. Leading players include Alere, DrugCheck, OralScreen, OraSure Technologies, MedTox, VitroDiagnostic and Premier Biotech among a large number of other global competitors.
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Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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