Overview of Global Drug Screening Market Size, Share, and Growth Forecast for 2023-28
The report aims to provide a comprehensive perspective on the Global
Drug Screening Market
: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028.
It offers an industry overview, including an analysis of historical and future
market growth. Key parameters such as revenue, demand, and applicable supply
data are highlighted. The study offers regional estimates, forecasts, and trend
analyses for various countries.
Report's
Study Period:
- Historical period: 2018 – 2021
- Base Year: 2022
- Forecasting period: 2023 – 2028
Insights and Analysis of the Global Drug
Screening Market for the Period 2023-2028:
The Global Drug Screening Market size was valued at USD
7.5 billion in 2022 and is projected to grow at a CAGR of around 11.33% during
the forecast period, i.e., 2023-28. As substance abuse continues to be a
prevailing concern, the demand for drug screening solutions and services has
escalated. Stringent legislation regarding alcohol & drug testing is
another crucial factor contributing to the market's growth. Governments &
regulatory bodies worldwide have implemented strict policies mandating drug
& alcohol testing in various sectors like transportation, healthcare, and
workplaces, to ensure public safety and maintain a productive workforce.
Request for a free sample
copy of this report: https://www.marknteladvisors.com/query/request-sample/drug-screening-market.html
Global Drug Screening Market
Dynamic:
Industry Driving Factor:
The Surge in Drug and Alcohol Consumption - According to the
World Drug Report 2021 released by the United Nations Office on Drugs and Crime
(UNODC) in 2022, there has been a significant 22% rise in the number of drug
users worldwide. Similarly, The UNODC's findings in 2021 revealed that
approximately 200 million individuals, accounting for 4% of the global
population, were cannabis users. Moreover, the number of cannabis users
witnessed an 18% increase. Additionally, around 20 million people, representing
0.4% of the global population, were reported to have consumed cocaine.
According to WHO, Cannabis continues to be the most prevalent illicit
substance in the African Region, with West and Central Africa experiencing the
highest rates of use and witnessing an alarming increase. Reported prevalence
in this region ranges from 5.2% to 13.5%. As drug consumption continues to
escalate among the population, the demand for drug screening services is
projected to soar, subsequently fostering substantial market growth during the
study period.
Segmentation Analysis of the Drug
Screening Market for the Period 2023-2028:
Our team of analysts has carefully studied the market using various methods
and calculations to create a detailed analysis. We've broken down the market
into different sections and thoroughly examined each one. This in-depth
exploration has helped us identify the standout performing segment in each
section by closely examining various aspects of the market.
We have delved into the factors and trends driving increased activity in
these specific segments. Additionally, we have identified the main market
participants who are actively involved in these segments, giving us a complete
understanding of their unique characteristics. Our study also includes a
comprehensive view of the market's structural expansion, offering a clear
framework to understand how it has evolved.
· By
Product & Service
o Drug Screening Product
o Analytical Instruments
§ Breathalyzers
§ Immunoassay Analyzer
§ Chromatography Instruments
o Rapid Testing Devices
o Oral Fluid Testing Devices
o Consumables
§ Assay Kits
§ Sample Collection Devices
§ Calibrators & Controls
§ Other Consumables
o Drug Screening Service
· By
Sample Type
o Urine Samples
o Breath Samples
o Oral Fluid Samples
o Hair Samples
o Others
· By
End Users
o Drug Testing Laboratories
o Workplaces
o Criminal Justice & Law Enforcement Agencies
o Hospitals
o Drug Treatment Centers
o Individual Users
o Pain Management Centers
o Schools & Colleges
· By
Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Explore the Complete Drug Screening Market Analysis
Report - https://www.marknteladvisors.com/research-library/drug-screening-market.html
Leading Market Position in The Drug
Screening Market
In analysing the Drug Screening Market, we
conduct a thorough competitive benchmarking assessment involving key firms such
as
·
Labcorp
·
Quest Diagnostics
·
Abbott Laboratories
·
Orasure Technologies
·
Alfa Scientific Designs
·
ThermoFisher Scientific
·
Dragewerk
·
Lifeloc Technologies
·
MPD Inc.
·
Omega Laboratories
·
Premier Biotech
·
Psychmedics
·
Siemens Healthineers
·
Shimadzu Corporation
·
Hoffmann-La Roche Ltd
·
Others
This evaluation entails a detailed review of each company's product value,
capabilities, and notable attributes. Moreover, our study encompasses recent
mergers, acquisitions, and product launches by these firms, aiming to offer
stakeholders valuable insights into the prevailing market dynamics.
For Any Questions or Further
Discussions, Connect with Our Analyst Here: https://www.marknteladvisors.com/query/request-customization/drug-screening-market.html
Drug Screening Market Recent
Development:
·
In June 2023, Quest Diagnostics, Inc. (DGX) entered
into a partnership with Coriell Life Sciences to offer pharmacogenomics testing
services to specific members of medical plans. This test assesses the influence
of various genes and their variations on how a person responds to medications.
The Drug Screening Market Research
Report for 2023-28 addresses several key questions:
1.
How will the growth rate of the Drug Screening market
progress during the projected period?
2.
What market factors will serve as the foundation for shaping
client and business strategies?
3.
Which factors are currently exerting influence,
including increased demand and ongoing market advancements?
4.
Among the studied market segments, which one’s present
promising avenues for extended growth opportunities?
5.
Which company currently holds the leading market
position?
Other Reports –
2.
https://uchatoo.com/read-blog/53202
3.
https://www.rugbynflforum.com/read-blog/12922
4.
https://www.mymeetbook.com/read-blog/45693
5.
https://www.diccut.com/read-blog/9030
About Us
MarkNtel Advisors stands at the forefront as a preeminent research,
consulting, and data analytics firm, offering an expansive array of strategic
reports across a wide spectrum of industries. Us commitment lies in furnishing
invaluable data to a diverse clientele, which encompasses multinational
corporations, financial institutions, governments, and individuals, among
others.
Our forte lies in the niche sectors and burgeoning geographies, affording
our clients the opportunity to craft their strategies with a heightened level
of insight. Our services encompass a comprehensive suite of offerings,
including Go-to-Market (GTM) strategies, product development insights, feasibility
analyses, project scoping, market segmentation, competitive benchmarking,
market sizing and forecasting, trend analysis, and more. These services cater
to a diverse range of 15 industrial verticals.
Through this wealth of information, our clients are empowered to discern
alluring investment prospects and devise strategic makeovers that lead to
enhanced ROI (Return on Investment), thanks to the advantage of being early
movers, coupled with top-tier management strategies.
Contact US
Should you have any questions or require assistance, our team of highly
skilled and seasoned professionals is readily accessible to aid you. You can
get in touch with us via telephone, email, or by utilizing our convenient
online contact form.
Please be assured that we are dedicated to promptly addressing your inquiry
and supplying you with the necessary information you seek.
Call: ☎️
+1 628 895 8081
Email:✉️
sales@marknteladvisors.com