Drug of Abuse Testing Market: Africa Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast – 2025
Drug of Abuse Testing Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of drug of abuse testing market by product and service (analyzers, rapid testing devices, consumables), sample type (urine, blood, oral fluids, hair, sweat), end user (workplace and school, criminal justice systems and law enforcement agencies, research laboratories) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the drug of abuse testing market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global drug of abuse testing market are Thermo Fisher Scientific, Siemens AG, Quest Diagnostics Incorporated, LabCorp, F. Hoffmann-La Roche Ltd, Express Diagnostics International, Drgerwerk AG & Co. KGaA, Danaher Corporation, Bio-Rad Laboratories, Inc., and Abbott Laboratories. The global drug of abuse testing market is projected to grow at a CAGR of 6.8% over the forecast period of 2019-2025.
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Growing Stringent Law Mandating Alcohol and Drug Testing and Increasing Government Initiatives Driving the Growing Demand of the Market
The growing influence of social media dissociates the young age people from society this is helping to grow the drug abuse testing market. Furthermore, the growing stringent law mandating alcohol and drug testing and increasing government initiatives driving the growing demand of the market. Additionally, the increasing availability of the OTC drugs that contain alcohol in large amounts is boosting the growth of this market. Further, the growing technological advancements, less time-consuming testing and increased sensitivity are propelling the growth of the market.
However, the lack of awareness about the modern drug abuse testing procedure among healthcare professionals, law enforcement authorities in developing countries is affecting the growth of the market for the short term. Moreover, the increasing availability of modern drug abuse testing devices in developing countries through various sales channel is expected to provide a lucrative opportunity for the growth of drug of abuse testing market.
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North America Holds the Largest Share for the Drug of Abuse Testing Market
North America holds the largest share for the drug of abuse testing market owing to the increasing number of clinical laboratories that offer drugs of abuse testing services in this region. Further, favorable government initiatives provide a growing demand for a drug of abuse testing market in this region. Additionally, the presence of a major market player of drug of abuse testing market is contributing to the growth of this market in the North America region.
Drug of Abuse Testing Market: Segmentation
The report on the global drug of abuse testing market covers segments such as product and service, sample type, and end user. On the basis of product and service, the sub-markets include analyzers, rapid testing devices, consumables, and laboratory services. On the basis of sample type, the sub-markets include urine, blood, oral fluids, hair, sweat, and other sample types. On the basis of end user, the sub-markets include workplace and school, criminal justice systems and law enforcement agencies, research laboratories, and hospitals.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the drug of abuse testing.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.