Drug Screening Market is Likely to Upsurge CAGR of 17.3% by 2029, Size, Share, Demand, Key Drivers, Development Trends and Competitive Outlook

PRESS RELEASE
Published June 16, 2023

Drug Screening MarketThe Latest released Global Drug Screening Market Research Report provides a detailed assessment of Key and emerging players showcasing company profiles, product/service offerings, market price, and sales revenue to better derive market size estimation. The most appropriate, exclusive, realistic, and admirable Global Drug Screening Market research report is delivered with loyalty to all business needs.

Surging usage of drugs across the globe has accelerated drug screening adoption. According to the World Drug Report 2021, drug use disorders were estimated to affect 36.3 million people worldwide in 2019, accounting for nearly 13% of the global population. Drug use killed nearly half a million people in the same year and drug use disorders resulted in the loss of 18 million years of healthy life, primarily due to opioids. For subsiding the consumption of the drug, the stringent regulations are imposed widely. The market is projected to grow immensely over the forecasted period due to these factors.

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Global drug screening market was valued at USD 5.3 billion in 2021 and is expected to reach USD 18.99 billion by 2029, registering a CAGR of 17.3% during the forecast period of 2022-2029. The “urine” accounts for the largest sample type segment in the drug screening market within the forecasted period owing to the benefits it offers such as cost-effectiveness, high detection accuracy of multiple drugs and instant results. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Drug screening test basically analyses biological samples including blood, hair and urine; to diagnose the presence of drug abuse or its metabolites in patient’s body. Drug screening tests are used to determine whether or not a person is or was under the influence of drugs at any given time. Due to the introduction of new technology, providing users with precise and accurate results.

Recent Developments

  • In August 2021, Select Health of South Carolina and Quest Diagnostics have reached an agreement to expand Select Health’s laboratory network for Medicaid and Medicare-Medicaid dual-eligible enrollees and improve members’ access diagnostics information services.

Some of the major players operating in the drug screening market are LabCorp (US), Quest Diagnostics (US), Abbott (US), Thermo Fisher Scientific, Inc. (US), Alfa Scientific Designs, Inc. (US),  OraSure Technologies, Inc. (US), Siemens (Germany),  F. Hoffmann-La Roche Ltd (Switzerland), MPD Inc. (US), Shimadzu Corporation (Japan), Lifeloc Technologies, Inc. (US), Drägerwerk AG & Co. KGaA (Germany), Premier Biotech, Inc. (US), Omega Laboratories, Inc. (US), Psychemedics Corporation (US), Clinical Reference Laboratory Inc., (US), American Bio Medica Corporation (US), ACM Global Laboratories (US), Sciteck, Inc. (US), Synens SAS (France), Intoximeters (US), AccuSource Inc., (US), Cordant Health Solutions (US), and Millennium Health (US) among others.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/global-drug-screening-market?Shri

Global Drug Screening Market Scope

The drug screening market is segmented on the basis of product and services, sample type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product and Services

  • Equipment
  • Rapid Testing Devices (RTD)
  • Consumables
  • Laboratory Services

On the basis of product and services, the drug screening market is segmented into equipment, rapid testing devices (RTD), consumables and laboratory services. Equipment is further sub segmented into immunoassay analyzers, chromatography instruments, and breath analyzers.  Breath analyzers is further sub segmented into semiconductor breath analyzers and fuel cell analyzers. Rapid testing devices (RTD) is further sub segmented into oral fluid testing devices and urine testing devices. Consumables is further sub segmented into assay kits, calibrators and controls, and sample collection cups.

Sample Type

  • Oral Fluid or Saliva
  • Breath
  • Hair
  • Urine
  • Other Samples

On the basis of sample type, the drug screening market is segmented into oral fluid or saliva, breath, hair, urine and other samples. Urine sample is projected to dominate the market owing to the benefits it offers such as cost-effectiveness, high detection accuracy of multiple drugs and instant results.

End User

  • Workplace and Schools
  • Criminal Justice Systems and Law Enforcement Agencies
  • Drug Testing Laboratories
  • Drug Treatment Centers
  • Hospitals
  • Personal Users
  • Pain Management Centers

On the basis of end user, the drug screening market is bifurcated into workplace and schools, criminal justice systems and law enforcement agencies, drug testing laboratories, drug treatment centers, hospitals, personal users and pain management centers.

What to Expect from the Report, a 7-Pointer Guide

  • The Drug Screening Market  report dives into the holistic Strategy and Innovation for this market ecosystem
  • The Drug Screening Market report keenly isolates and upholds notable prominent market drivers and barriers
  • The Drug Screening Market report sets clarity in identifying technological standardization as well as the regulatory
  • framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
  • The Drug Screening Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
  • A thorough market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability

Browse the complete table of contents at – https://www.databridgemarketresearch.com/toc/?dbmr=global-drug-screening-market&Shri

Drug Screening Market Regional Analysis/Insights

The drug screening market is analyzed and market size insights and trends are provided by country, product and services, sample type and end user as referenced above.

The countries covered in the drug screening market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the drug screening market because of the increasing ingesting of illegal drugs, accessibility of government backing to control drug abuse and the existence of rules encouraging drug screening within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the existence of top market players, the expansion in research and development services, accessible disposable income and promptly creating economic circumstances within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Top DBMR Healthcare Reports:        

https://www.databridgemarketresearch.com/reports/north-america-drug-screening-market

Europe Drug Screening Market By Products and Services (Equipment, Rapid Testing Devices, Consumables and Drug Screening Services), Sample Type (Urine, Breath, Saliva, Hair, Blood, Skin, Oral Fluid and Others), Condition (Unconsciousness, Panic Attack, Chest Pain, Drug Allergies and Others), End User (Workplace and Schools, Criminal Justice Systems and Law Enforcement Agencies, Drug Testing Laboratories, Drug Treatment Centres, Hospitals, Personal Users and Pain Management Centres) and Country (Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2028. https://www.databridgemarketresearch.com/reports/europe-drug-screening-market

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