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Drug of Abuse Testing Market 2017 by Segments, Key Players and Global Forecast To 2020

02-15-2018 01:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Drug of Abuse Testing Market is expected to grow at 5.3% GAGR from 2016 to 2020. Drug of abuse testing is based on diagnosing drug addiction, also called substance use disorder, requiring a thorough evaluation and often includes an assessment by a psychiatrist, a psychologist, or a licensed alcohol and drug counselor. Blood, urine or other lab tests are used to assess drug use, but they're not a diagnostic test for addiction. These tests may be used for monitoring treatment. The factor which may influence the growth of the drug of abuse testing market is increased use of drug testing at organizational level, increased production and trade of illicit drugs worldwide and others.

Key Players for 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.

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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 abuse testing in 2014, with 76.4% share of the total market

Segments:

Global drug of abuse testing market is mainly segmented into test type and samples. Furthermore the test type is segmented into onsite screening test and laboratory drug testing. On the bases of samples the market is segmented into urine, hair, saliva and others. 

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Regional Analysis of Drug of Abuse Testing Market:                                             

Globally Americas is the largest market for drug of abuse testing market. Europe is the second-largest for drug of abuse testing market. Europe drug of abuse testing market is expected to grow with a steady pace.

Drug of Abuse Testing Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

Complete Report with Full TOC@ https://www.marketresearchfuture.com/reports/drug-abuse-testing-market-1930 .

About Market Research Future:

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

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