Drug Screening Market size was valued at USD 7.88 Bn. in 2022 and the total Drug Screening revenue is expected to grow at a CAGR of 15.97% from 2023 to 2029, reaching nearly USD 22.24 Bn.
Drug Screening Market Report Scope
The Drug Screening Market Overview unveils a comprehensive analysis of the technique involved in detecting illegal and prescribed medications, emphasizing its applications in blood, urine, and other biological samples. The report highlights the rising concerns about global drug usage, citing statistics from the National Institute on Drug Abuse and examining factors influencing market growth. Key market drivers include increased alcohol consumption, opioid painkiller use, and technological advancements, while challenges involve workplace restrictions and infrastructure limitations in developing economies.
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Drug Screening Market Research Methodology
The research methodology employed in this report ensures a robust analysis of the Drug Screening Market, incorporating data on market dynamics, emerging trends, and regional insights. The report utilizes reliable sources and industry expertise to present a comprehensive view of the market landscape.
What are Drug Screening Market Dynamics:
The primary drivers for the market growth include the demand for Pre-employment Drug Screenings across industries, the rising drug and alcohol consumption among Millennials, and the lucrative opportunities presented by fingerprint-based drug testing. However, the market faces challenges due to workplace drug testing prohibitions in certain countries and the need for careful consideration of costs and benefits associated with employee drug testing.
Drug Screening Market Regional Insights:
The North American market currently holds the largest share at 38.8%, with factors such as illicit drug consumption, government funding, and strict regulations supporting drug screening driving growth. The Drug Screening market in the United States is expected to witness significant expansion, driven by increased demand from military sectors and federal government rules. The Asia-Pacific market is projected to grow at a CAGR of 12.5%, fueled by the increasing demand for substance abuse screening in emerging economies like China and India.
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What is Drug Screening Market Segmentation:
by Product & Services
Drug Screening Product
Analytical Instruments
Rapid Testing Devices
Oral Fluid Testing Devices
Consumables
Drug Screening Service
by Sample Type
Urine Samples
Blood Samples
Oral Fluid Samples
Hair Samples
Other Samples
by Drug Type
Alcohol
Cannabis/Marijuana
Cocaine
Opioids
Amphetamine & Methamphetamine
LSD
Others
by End-User
Drug Testing Laboratories
Workplaces
Hospitals
Others
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Who are Drug Screening Market Key Players:
- LabCorp (US)
2. Quest Diagnostics (US)
3. Abbott Laboratories (US)
4. Thermo Fisher Scientific, Inc. (US)
5. Alfa Scientific Designs, Inc. (US)
6. OraSure Technologies, Inc. (US)
7. MPD Inc. (US)
8. LifeLoc Technologies (US)
9. Premier Biotech, Inc. (US)
10.Omega Laboratories, Inc. (US)
11.Psychemedics (US)
12.Clinical Reference Laboratory (US)
13.American Bio Medica Corporation (US)
14.ACM Global Laboratories (US)
15.Care Health America Corp (US)
16.Sciteck, Inc. (US)
17.Synens (France)
18.Intoximeters (US)
19.AccuSource (US)
20.Cordant Health Solutions (US)
21.Millennium Health (US)
22.Siemens Healthineers (Germany)
23.Drägerwerk (Germany)
24.Synens SAS (France)
25.Roche (Switzerland)
Shimadzu (Japan)
The table of content for the Drug Screening Market includes:
- Global Drug Screening Market: Research Methodology
- Global Drug Screening Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Drug Screening Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by Region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MandA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
4. Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape (2022 to 2029)
- Past Pricing and price curve by region (2022 to 2029)
- Market Size, Share, Size, and Forecast by Different Segments | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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