openPR Logo
Press release

USD 8 Bn Drug of Abuse Testing Market Size Set to forecasted by 2022: Acumen Research and Consulting

09-29-2017 12:11 PM CET | Health & Medicine

Press release from: Acumen Research and Consulting

USD 8 Bn Drug of Abuse Testing Market Size Set to forecasted

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Drug of Abuse Testing Market (Product Type: Equipment, Consumables; Sample: Urine, Saliva, Hair, Others; End-user: Hospital, Laboratory, Workplace, At Home, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022”, forecasts that the global drug of abuse testing market is anticipated to grow at a CAGR of around 9.6% from 2016 to 2022 and reach the market value of over $8 billion by 2022. Globally, North America accounted for the largest share in 2015 and is expected to maintain its dominance throughout the forecast period. This is due to the increasing availability of illegitimate drugs, growth in drug trafficking, and increase in workplace checking for the consumption of barred drugs. Asia-Pacific is expected to witness fastest growth during the forecast period, at a CAGR of around 10% from 2016-2022.

View Report at https://www.acumenresearchandconsulting.com/drug-of-abuse-testing-market

The global drug of abuse testing market is growing at a significant rate due to increased usage of drug of abuse testing at organizational levels and increased production and trade of illicit drugs worldwide. In addition, global increase in road accidents and death rates, increase in the consumption of illegal drugs and technological advancements in drug of abuse testing further drives the market. The increased production and trafficking of illegal drugs is expected to increase the demand for drugs of abuse testing. According to the UN Office on Drugs and Crime (UNODC), area under opium cultivation increased from approximately 209,000 hectare in 2013 to 224,000 hectare in 2014, which is approximately 7% increase. The extent of drug seizure can be used as an indirect measure of increased trade of illicit drugs worldwide. For instance, according to UNODC, since 2002 Afghanistan, Iran and Pakistan have accounted for more than 90% opium seized across the globe, and this pattern also continued in 2013. Similarly, according to UNODC, approximately 40 tons of cocaine was seized in 2013 in Brazil. The increase in production and trade of illicit drugs across the globe leads to increased demand for drug of abuse testing.

The global drug of abuse testing market is segmented on the basis of product type, sample, end-user, and geography. Depending on product type, the market is divided into equipment and consumables. Consumables was the largest segment and accounted for more than 50% share in 2015. It is also expected to be the fastest growing product segment during the forecast period. Equipment segment is further divided into immunoassay analyzer, chromatography instrument, and breath analyzers while consumables segment is further divided into rapid test kit, assay kit & reagents, and others. Based on sample, the market is segmented into urine, saliva, hair, and others. The end-user segments of drug of abuse testing market include hospital, laboratory, workplace, at home, and others. The regional markets analyzed in the report include North America, Europe, Asia-Pacific, and Rest of the World.

Download Sample Pages - https://www.acumenresearchandconsulting.com/request-sample/384

The market players profiled in the report include Siemens AG, Danaher Corporation, Shimadzu Corporation, MilliporeSigma, Drägerwerk AG & Co. KGAA, Express Diagnostics Int'l, Inc, Psychemedics Corporation, Waters Corporation, BioMerieux SA, F. Hoffmann-La Roche Ltd, Laboratory Corporation of America Holdings, Quest Diagnostics Inc, Alere Inc, Randox Laboratories Ltd, Bio-Rad Laboratories, Inc., Abbott Laboratories, Sonic Healthcare Ltd, and Thermo Fisher Scientific Inc. among others. Mergers and acquisitions for innovation and new product development and partnership for enhancing product quality are some of the major strategies followed by leading players in this market to sustain market competition.

Table Of Content

Chapter 1. Research Scope & Methodology

1.1 Market Definition

1.2 Market Scope

1.2.1 Global Drug Of Abuse Testing Market, By Product

1.2.2 Global Drug Of Abuse Testing Market, By Sample

1.2.3 Global Drug Of Abuse Testing Market, By End-User

1.2.4 Global Hospital Bed Market, By Geography

1.3 Research Methodology And Sources

Chapter 2. Executive Summary

2.1 Key Findings

2.2 Research Summary

Chapter 3. Market Outlook

3.1 Introduction

3.2 Market Drivers And Their Impact

3.2.1 Growing Use Of Drug Of Abuse Testing At Organizational Levels

3.2.2 Growing Production And Trade Of Illicit Drugs Worldwide

3.2.3 Rise In Road Accidents And Related Deaths

3.2.4 Rising Consumption Of Illegal Drugs

3.2.5 Technological Advancements

3.2.6 Impact Analysis Of Drivers

3.3 Factors Hindering Market Growth And Its Impact

3.3.1 Legalization Of Drugs

3.3.2 Social Issues Associated With Drug Of Abuse Testing

3.3.3 Inability To Detect Low-Dose Designer Drugs

3.3.4 Impact Analysis Of Restraints

Chapter 4. Global Drug Of Abuse Testing Market Analysis

4.1 Global Drug of Abuse Testing Market, By Product

4.2 Global Drug of Abuse Testing Market, By Sample

4.3 Global Drug of Abuse Testing Market, By End-User

4.4 Global Drug of Abuse Testing Market, By Region

Chapter 5. Global Drug of Abuse Testing Market, By Product

5.1 Drug of Abuse Testing Equipment Market

5.1.1 Drug Of Abuse Testing Equipment Market, By Type

5.1.1.1 Immunoassay Analyzer Market

5.1.1.2 Chromatography Instrument Market

5.1.1.3 Breath Analyzer Market

5.1.2 Drug Of Abuse Testing Equipment Market, By Region

5.2 Drug of Abuse Testing Consumable Market

5.2.1 Drug Of Abuse Testing Consumable Market, By Type

5.2.1.1 Assay Kits And Reagent Market

5.2.1.2 Rapid Test Kits Market

5.2.2 Drug Of Abuse Testing Consumable Market, By Region

Chapter 6. Global Drug of Abuse Testing Market, By Sample

6.1 Urine Based Drug of Abuse Testing Market

6.2 Saliva Based Drug of Abuse Testing Market

6.3 Hair Based Drug of Abuse Testing Market

Chapter 7. Global Drug of Abuse Testing Market, By End-User

7.1 Hospital Based Drug Of Abuse Testing Market

7.2 Laboratory Based Drug Of Abuse Testing Market

7.3 Workplace Based Drug Of Abuse Testing Market

7.4 At Home Drug Of Abuse Testing Market

Chapter 8. Global Drug Of Abuse Testing Market, By Geography

8.1 North America Drug Of Abuse Testing Market

8.1.1 North America Drug Of Abuse Testing Market, By Product

8.1.1.1 North America Drug Of Abuse Testing Equipment Market, By Type

8.1.1.2 North America Drug Of Abuse Testing Consumable Market, By Type

8.1.2 North America Drug Of Abuse Testing Market, By Sample

8.1.3 North America Drug Of Abuse Testing Market, By End-User

8.1.4 North America Drug Of Abuse Testing Market, By Country

8.2 Europe Drug of Abuse Testing Market

8.2.1.1 Europe Drug Of Abuse Testing Equipment Market, By Type

8.2.1.2 Europe Drug Of Abuse Testing Consumable Market, By Type

8.2.2 Europe Drug Of Abuse Testing Market, By Sample

8.2.3 Europe Drug Of Abuse Testing Market, By End-User

8.2.4 Europe Drug Of Abuse Testing Market, By Country

8.3 Asia-Pacific Drug Of Abuse Testing Market

8.3.1 Asia-Pacific Drug Of Abuse Testing Market, By Product

8.3.1.1 Asia-Pacific Drug Of Abuse Testing Equipment Market, By Type

8.3.1.2 Asia-Pacific Drug Of Abuse Testing Consumable Market, By Type

8.3.2 Asia-Pacific Drug Of Abuse Testing Market, By Sample

8.3.3 Asia-Pacific Drug Of Abuse Testing Market, By End-User

8.3.4 Asia-Pacific Drug Of Abuse Testing Market, By Country

8.4 Rest of the World (RoW) Drug of Abuse Testing Market

8.4.1 Row Drug Of Abuse Testing Market, By Product

8.4.1.1 Row Drug Of Abuse Testing Equipment Market, By Type

8.4.1.2 Row Drug Of Abuse Testing Consumable Market, By Type

8.4.2 Row Drug Of Abuse Testing Market, By Sample

8.4.3 Row Drug Of Abuse Testing Market, By End-User

8.4.4 Row Drug Of Abuse Testing Market, By Country

Chapter 9. Competitive Positioning And Market Share Analysis

9.1 Porter's Five Forces Of Competitive Position Analysis

9.1.1 Bargaining Power Of Buyers

9.1.2 Bargaining Power Of Suppliers

9.1.3 Threat Of New Entrants

9.1.4 Intensity Of Rivalry

9.1.5 Threat Of Substitutes

9.2 Competitive Positioning Of Key Players, 2015

Chapter 10. Company Profiles and Strategic Developments

10.1 Company Profiles

10.1.1 Danaher Corporation

10.1.1.1 Business Overview

10.1.1.2 Product And Service Offerings

10.1.2 Siemens AG

10.1.2.1 Business Overview

10.1.2.2 Product And Service Offerings

10.1.3 MilliporeSigma

10.1.3.1 Business Overview

10.1.3.2 Product And Service Offerings

10.1.4 Shimadzu Corporation

10.1.4.1 Business Overview

10.1.4.2 Product And Service Offerings

10.1.5 Drägerwerk AG & Co. KGaA

10.1.5.1 Business Overview

10.1.5.2 Product And Service Offerings

10.1.6 Express Diagnostics Int'l, Inc.

10.1.6.1 Business Overview

10.1.6.2 Product And Service Offerings

10.1.7 bioMerieux SA

10.1.7.1 Business Overview

10.1.7.2 Product And Service Offerings

10.1.8 Waters Corporation

10.1.8.1 Business Overview

10.1.8.2 Product And Service Offerings

10.1.9 F. Hoffmann-La Roche Ltd

10.1.9.1 Business Overview

10.1.9.2 Product And Service Offerings

10.1.10 Quest Diagnostics Inc.

10.1.10.1 Business Overview

10.1.10.2 Product And Service Offerings

10.1.11 Laboratory Corporation Of America Holdings

10.1.11.1 Business Overview

10.1.11.2 Products And Service Offerings

10.1.12 Alere Inc.

10.1.12.1 Business Overview

10.1.12.2 Product And Service Offerings

10.1.13 Abbott Laboratories

10.1.13.1 Business Overview

10.1.13.2 Product And Service Offerings

10.1.14 Randox Laboratories Ltd

10.1.14.1 Business Overview

10.1.14.2 Product And Service Offerings

10.1.15 Psychemedics Corporation

10.1.15.1 Business Overview

10.1.15.2 Product And Service Offerings

10.1.16 Bio-Rad Laboratories, Inc.

10.1.16.1 Business Overview

10.1.16.2 Product And Service Offerings

10.1.17 Sonic Healthcare Ltd.

10.1.17.1 Business Overview

10.1.17.2 Product And Service Offerings

10.1.18 Thermo Fisher Scientific Inc.

10.1.18.1 Business Overview

10.1.18.2 Product And Service Offerings

10.2 Strategic Developments: Drug of Abuse Testing Market

10.2.1 Mergers & Acquisitions

10.2.2 Partnerships

10.2.3 Product Launch And Approvals

10.2.4 Others

Chapter 11. Appendix

11.1 List of Abbreviations

Buy now this premium study - https://www.acumenresearchandconsulting.com/buy-now/0/384

About Us

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

Contact –

US: +1-716-240-831

India: +912065600384

Email – sales@acumenresearchandconsulting.com

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 USD 8 Bn Drug of Abuse Testing Market Size Set to forecasted by 2022: Acumen Research and Consulting here

News-ID: 748369 • Views:

More Releases from Acumen Research and Consulting

Extrusion Coating Market To Reach USD 9.4 Billion By 2032
Extrusion Coating Market To Reach USD 9.4 Billion By 2032
In the realm of packaging and industrial applications, extrusion coating stands as a pivotal technology, seamlessly integrating polymer materials onto substrates to enhance performance, durability, and functionality. The extrusion coating market has witnessed a remarkable surge in demand owing to its versatility and efficacy across various end-use sectors. In this article, we delve into the intricacies of the extrusion coating market, exploring its competitive landscape, future growth prospects, key drivers,
Organic Pigment Market Size to Worth Around USD 8.2 Billion by 2032
Organic Pigment Market Size to Worth Around USD 8.2 Billion by 2032
In the vibrant world of colors, organic pigments stand as the cornerstone of innovation and creativity. As industries increasingly lean towards sustainability and environmental consciousness, the demand for organic pigments has witnessed a significant upsurge. From paints and coatings to textiles and plastics, organic pigments infuse life into everyday products, driving a market that is poised for remarkable growth. In this article, we delve into the competitive landscape, future growth
Hydrogenated Castor Oil Market Size Forecast Between 2023-2032
Hydrogenated Castor Oil Market Size Forecast Between 2023-2032
Hydrogenated castor oil, a versatile derivative of castor oil, has emerged as a key ingredient in various industries, ranging from cosmetics and pharmaceuticals to lubricants and coatings. With its unique properties and wide-ranging applications, the hydrogenated castor oil market is witnessing steady growth and evolving dynamics. In this article, we delve into the competitive landscape, future growth prospects, opportunities, and key market trends shaping the hydrogenated castor oil industry. Download Free
Polyurethane Hot Melt Adhesives Market Sales and Revenue Report 2023-2032
Polyurethane Hot Melt Adhesives Market Sales and Revenue Report 2023-2032
In recent years, the polyurethane hot melt adhesives market has witnessed significant growth, driven by advancements in technology, increasing demand from various end-user industries, and a shift towards sustainable adhesive solutions. This article explores the competitive landscape, future growth prospects, opportunities, drivers, restraints, and key market players shaping the polyurethane hot melt adhesives industry. Download Free Polyurethane Hot Melt Adhesives Market Sample Report Here: (Including Full TOC, List of Tables &

All 5 Releases


More Releases for Drug

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
Microcapsules Drug Delivery Market Microcapsules Drug Delivery Sales Report 2022
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. Indispensable Advent of Microcapsules 1.1 Trajectory of Microencapsulation 1.2 Why and wherefores for Microencapsulation 2. Characterization of Microcapsules 2.1 Composition of Microcapsules 2.2 Parameters Influencing Microcapsules 3. Engineering Technology of Microcapsules 3.1 Physical Manufacturing Technologies 3.2 Physicochemical and Chemical Technologies 4. Applicability of Microcapsules 4.1 Microcapsules in Pharmaceuticals 4.2 Microcapsules in Nutraceuticals
AstraZeneca’s NMOSD Drug receives orphan drug designation
April 18, 2017 Orphan Drug European Medicine Agency has Announced orphan drug designation for inebilizumab (earlier known as MEDI-551) developed by AstraZeneca PLC (AZN) for the treatment of neuromyelitis optica spectrum disorder (NMOSD). The drug has already received orphan drug status from US Food and Drug Administration (FDA). NMOSD, also called Devic’s disease, is a rare, autoimmune disorder of the central nervous system (CNS) that affects the functioning
Drug Discovery Strategies, PBPK Modeling and Drug-Drug Interaction Explored and …
This year’s 12th annual ADMET conference and exhibition promises to deliver appearances from experienced pharmaceutical professionals from ADME and PK/PD organisations such as AbbVie, GSK, Roche and Bayer when it returns to London this June. The carefully selected speaker line up will be addressing early ADME application strategies and discussing the latest technologically advanced screening and testing models along with exploring ADMET technologies which will identify properties of a drug