Global Drug Testing Market size is projected to be valued $XX Billion by 2024; with a CAGR of XX% from 2017 to 2025. Drug testing is done mainly for illegal or non-prescribed drugs which are banned by governments. These drugs are consumed for non-medicinal reasons which can affects mental and physical health of addicts. Drug testing includes different testing methods which are conducted to detect presence of drugs in the human body. These drugs are tested through saliva, blood, sweat, oral fluid, and urine.
Drug testing market is anticipated to witness a considerable growth in forecasted future due to increasing prevalence of drug abuse. The primary factor which is inducing the growth of this market is increasing abuse of illegal drugs in different parts of the world. In addition, aging population, funding by government for drug testing, growing awareness of drug testing in emerging countries and stringent laws by these countries are major factors which are contributing to the growth of this market. However, specificity and accuracy of the drug testing equipment is major challenge of faced by market players. Furthermore, rising concerns about drug testing and manufacturing of high-end drug testing equipments creates abundant growth opportunities for this market.
On the basis of products and services, global drug testing market is segmented as rapid testing devices, equipment, consumables and laboratory services. Rapid testing devices are further segmented into oral fluid testing devices and urine testing devices. Based on sample type, drug testing market is segmented into breath sample, urine sample, sample hair, oral fluid and others (sweat and blood samples). On the basis of end-users the market is segmented into drug testing laboratories, workplace and schools, criminal justice system and law enforcement agencies, drug treatment centres, hospitals, pain management centers and personal users. On the basis of geography the drug testing market is segmented as North America, Europe, Asia Pacific, and others.
The key players of the world’s drug testing market are Quest Diagnostics, Laboratory Corporation of America MPD, Inc., Express Diagnostics Int'l, Inc., Drgerwerk AG & Co. KGAA Alere, Inc., Shimadzu, Corp., Roche Diagnostics, Quest Diagnostics, Thermo Fisher Scientific, Inc. and Siemens Healthcare.
The report covers
Scope of the Global Drug Testing Market
Product & Service Segments
Sample Type Segments
End User Segments
Geography Segments
Payment Options