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Drug of Abuse Testing Global Market Accretes a Phenomenal Growth at 5.3% of CAGR by 2020

12-15-2017 06:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Drug of Abuse Testing Global Market Accretes a Phenomenal Growth

Drugs of abuse testing relies upon diagnosing drug reliance, in like manner called substance use dissipate, requiring a cautious evaluation and frequently fuses an examination by an expert, a clinician, or an approved alcohol and prescription counselor. Blood, pee or other lab tests are used to assess calm use, be that as it may they're not a demonstrative test for reliance. These tests may be used for checking treatment. The factor which may affect the advancement of the solution of misuse testing market is extended use of pharmaceutical testing at definitive level, extended age and trade of unlawful meds worldwide and others. All around the Drugs of Abuse Testing Market is growing rapidly. Globally Drug Of Abuse Testing Market is expected to grow at 5.3% GAGR from 2016 to 2020.

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Drugs of abuse testing is utilized to screen for and affirm the nearness of a few medications in a man's specimen, for example, pee, blood or hair. Medication testing is utilized with the goal that a man may get proper medicinal treatment or be screened for or checked for illicit medication utilize. Medication testing for lawful purposes essentially expects to identify illicit or prohibited medication use in an assortment of circumstances. Test accumulation systems for this kind of testing are entirely controlled and archived to keep up a legitimate "chain-of-authority."

Top Key Player of Drug of Abuse Testing Market:

Some of the key players in this market are: Roche Holding Limited, Quest Diagnostics, Laboratory Corporation of America Holdings, Alere Inc., Abbott Laboratories, Randox Laboratories Ltd, Psychemedics Corporation, Bio-Rad Laboratories Inc., Sonic Healthcare and Thermo Fisher Scientific Inc.

Key Finding:

The global drug of abuse testing market is expected to reach $3.0 billion in 2020, mainly driven by increased use of illicit drugs and need of drug abuse testing at organizational level.
Onsite testing market is more than double the size of laboratory testing due to ease of use, cost effectiveness and immediate results.
Urine followed by saliva is the most common specimen used in the drug of abuse testing. Hair as a specimen is also becoming a more effective way for testing long term drug use.
North America was the largest market by geography for Drug Of Abuse Testing Industry in 2014, with 76.4% share of the total market

Brief TOC

Research Scope & Methodology
Executive Summary
Market Outlook
Global Drug of Abuse Testing Market Size & Forecast (2011-2020)
Global Drug of Abuse Testing Market Breakdown by Type of Test
Global Drug of Abuse Testing Market Breakdown by Sample
Global Drug of Abuse Testing Market Breakdown by Region
Competitive Analysis and Market Share
Company Profiles
Appendix

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About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

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