Market Research Future (MRFR) has published on the “Global Drug Screening Market”.
The Drug Screening market is estimated to register a CAGR of 17.20% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Drug Screening market— LabCorp (US), Quest Diagnostics (US), Abbott Laboratories (US), OraSure Technologies (US), Alfa Scientific Designs (US), Thermeisher Scientific (US), Drägerwerk (Germany), LifeLoc (US), MPD Inc. (US), Omega Laboratories (US), Premier Biotech (US), Psychemedics (US), Roche (Switzerland), Shimadzu (Japan), and Siemens Healthineers (Germany).
Drug Screening Market Highlights
The global Drug Screening market is accounted to register a CAGR of 17.20% during the forecast period and is estimated to reach USD 22.9 billion by 2032.
Regular drug testing is required by strict workplace standards and employment legislation, especially in sectors where safety is a priority, like construction, transportation, and healthcare. The intricacies of human metabolism and the possibility of cross-reactivity with certain drugs present a difficulty for drug screening in terms of false positives and negatives. False positives can happen when a test results in an inaccurate finding of a drug. Traditional drug screening techniques are anticipated to be challenged by the introduction of novel and synthetic compounds.
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Segment Analysis
The global Drug Screening market has been segmented based on Product and Service, Sample Type, End User.
On the basis of Product and Service, the market is segmented into Drug screening, Analytical Instruments, Rapid Testing Devices, Consumables and Drug Screening Service. The consumables electrolysis segment was attributed to holding the largest market share in 2022. This is because growing more quickly now that more sophisticated consumables are being released.
Based on Sample Type, the global Drug Screening market has been segmented into Urine samples, Breath Samples, Oral Fluid Samples, Hair Samples, and Other Samples. The urine samples segment was expected to hold the largest market share in 2022 because the most used sample type for detecting the presence of illegal substances is urine.
Based on End User, the global Drug Screening market has been segmented into Drug Testing Laboratories, Criminal Justice and Law Enforcement Agencies, Hospitals, Drug Treatment Centers, Individual Users, Pain Management Centers, Schools and Colleges, Workplaces. The drug testing laboratories segment was expected to hold the largest market share in 2022 due to the Rapid tests cannot detect the presence of any unlawful substance.
Regional Analysis
The global Drug Screening market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Drug Screening market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Drug Screening market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Drug Screening market comprises of Middle East, Africa, and Latin America.
The largest market share for Drug Screening was maintained by the North American regional sector. North America was the market leader, with the biggest revenue share, and is expected to be in the lead for the duration of the forecast. The region's leading position is mostly due to a number of factors, including strict restrictions for occupational testing and the presence of significant firms executing aggressive expansion initiatives. Additionally, the region's high acceptance rates of technologically advanced solutions and advantageous reimbursement circumstances have fueled the market's expansion.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Drug Screening is driven by rising increasing usage of random drug tests and substance abuse screening in pre-employment to guarantee drug-free workplaces. Additionally, drug testing can be used to determine whether drugs were taken at the time of an accident at work.
Additionally, due to the rising demand from developing nations like China and India for drug misuse screening. The need for drug testing has increased in these nations due to the rise in drug-related crimes, substance misuse disorders, and deadly car accidents. However, one important factor impeding the market growth is expected to be the absence of clear policies regarding drug testing in the workplace. Strong drug screening policies are becoming more and more necessary as substance misuse issues, such as the opioid crisis, become more widespread.
Furthermore, the rest of the world's Drug Screening market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of intricacies of human metabolism and the possibility of cross-reactivity. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.
Key Findings of the Study
- The global Drug Screening market is expected to reach USD 22.9 billion by 2032, at a CAGR of 17.20% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis rise in drug-related crimes, substance misuse disorders, and deadly car accidents.
- Based on Sample Type, the urine samples segment was expected to hold the largest market share in 2022.
- LabCorp (US), Quest Diagnostics (US), Abbott Laboratories (US), OraSure Technologies (US), Alfa Scientific Designs (US), Thermeisher Scientific (US), Drägerwerk (Germany), LifeLoc (US), MPD Inc. (US), Omega Laboratories (US), Premier Biotech (US), Psychemedics (US), Roche (Switzerland), Shimadzu (Japan), and Siemens Healthineers (Germany).
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Companies Covered | 15 |
Pages | 128 |
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