Drug of Abuse Testing Industry Growth Drivers 2018 | CAGR of 5.3% with Players – Forecast to 2020

The Drug Of Abuse Testing Market Statistical Surveying Report Presents A Brief Communication Document About The Market Size Estimation, Geographical Analysis, Factors Hindering The Market And Its Impact On Market Forecast, Impact Analysis Of Restraints And Competitive Analysis. Global Forecast To 2020

Pune, India – April 11, 2018 /MarketersMedia/ —

Global Drug of Abuse Testing Market has been examined as a swiftly growing market and expected to grow at a tremendous rate. Globally, market for drug of abuse testing is a high growth market. One of the main drivers of Drug of Abuse Testing Market is the increase in overall consumption of illegal drugs in developed as well as in developing countries. The number of collaborations and acquisitions in the market is increasing globally as more and more companies are trying to expand their portfolio, improve the quality and performance of their products. Globally The Market For Drug Of Abuse Testing Is Expected To Grow At 5.3% GAGR From 2016 To 2020.

Global drug of abuse testing market is mainly segmented into test type and samples. Furthermore the test type is segmented into onsite screening test and laboratory drug testing. On the bases of samples the market is segmented into urine, hair, saliva and others.

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Drug of Abuse Testing Market – Key Players

Roche Holding Limited, Quest Diagnostics, Laboratory Corporation of America Holdings, Alere Inc, Abbott Laboratories, Randox Laboratories Ltd, Psychemedics Corporation, Bio-Rad Laboratories, Inc, Sonic Healthcare and Thermo Fisher Scientific Inc.

North America is one of the fastest growing regions for drug of abuse testing market; the growth in mainly attributable to an increasing use of illicit drugs in the region. In South and Central America and the Caribbean, use of cocaine remains high, especially in South America, where cocaine use is currently at levels comparable to high-prevalence regions. Europe is amongst one of the largest markets for alcohol breathalyzer and drug testing equipment. The Asian market is expected to show high growth rate in the drug testing equipment, mainly due to rise in alcohol consumption and strict government rules and regulations about testing alcohol consumption in the region.

Key Finding:

The global drug of abuse testing market is expected to reach $3.0 billion in 2020, mainly driven by increased use of illicit drugs and need of drug abuse testing at organizational level. Onsite testing market is more than double the size of laboratory testing due to ease of use, cost effectiveness and immediate results. Urine followed by saliva is the most common specimen used in the drug of abuse testing. Hair as a specimen is also becoming a more effective way for testing long term drug use. North America was the largest market by geography for drug abuse testing in 2014, with 76.4% share of the total market.

Taste the market data and market information presented through more than 51 market data tables and figures spread over 66 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Drug of Abuse Testing Market Research Report – Global Forecast to 2020”

Segments:

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The report for Drug of Abuse Testing Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

List of Tables:

TABLE 1 SPECIFIC PRIMARY AND SECONDARY SOURCES USED FOR THIS PUBLICATION
TABLE 2 GLOBAL DRUG ABUSE TESTING MARKET SNAPSHOT (2015AND 2020)
TABLE 3 WORLDWIDE NUMBER OF ILLICIT DRUG USERS, BY MAJOR DRUGS, % SHARE (2011)
TABLE 4 MULTIPLE PARAMETER TEST ADVANTAGES OVER SINGLE PARAMETER TEST
TABLE 5 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 6 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 7 GLOBAL MARKET BREAKDOWN BY TYPE OF TEST, $M (2011 – 2014)
TABLE 8 GLOBAL MARKET BREAKDOWN BY TYPE OF TEST, $M (2015 – 2020)
TABLE 9 GLOBAL MARKET BREAKDOWN BY SAMPLE, $M (2011 – 2014)
TABLE 10 GLOBAL MARKET BREAKDOWN BY SAMPLE, $M (2015 – 2020)
TABLE 11 GLOBAL MARKET BREAKDOWN BY REGION, $M (2011 – 2014)
TABLE 12 GLOBAL MARKET BREAKDOWN BY REGION, $M (2015 – 2020)
TABLE 13 ONSITE SCREENING TEST – ADVANTAGES AND DISADVANTAGES
TABLE 14 LABORATORY DRUG TEST – ADVANTAGES AND DISADVANTAGES
TABLE 15 NORTH AMERICA MARKET BREAKDOWN BY TYPE OF TEST, $M (2011 – 2014)

…CONTINUED

List of Figures:

FIG 1 GLOBAL DRUG ABUSE TESTING MARKET SHARE BY TYPE OF TEST (2014)
FIG 2 GLOBAL DRUG ABUSE TESTING MARKET SHARE BY SAMPLE (2014)
FIG 3 GLOBAL DRUG ABUSE TESTING MARKET SHARE BY REGION (2014)
FIG 4 GLOBAL DRUG ABUSE TESTING MARKET SHARE BY TYPE OF TEST (2014)
FIG 5 THE NORTH AMERICAN DRUG ABUSE TESTING MARKET SHARE BY TYPE OF TEST (2015)

…CONTINUED

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