Drug Screening Market To Witness Enhanced Growth Owing To Implementation Of Strict Laws Mandating Drug And Alcohol Testing Till 2022 | Million Insights

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According to new report available with Million Insights, the factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that fuel the market growth include implementation of strict laws mandating drug and alcohol testing, rise in disposable income, increasing drug & alcohol consumption, and regulatory approvals & product launches and services.

Global Drug Screening Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that fuel the market growth include implementation of strict laws mandating drug and alcohol testing, rise in disposable income, increasing drug & alcohol consumption, and regulatory approvals & product launches and services.

On the other hand, there are also factors that may hamper the growth of the Drug Screening Market such as prohibition on alcohol consumption in many Islamic countries. The market is classified on the basis of product & services, sample type, end users, and geography. Drug Screening Industry is categorized by product & services as Analytical Instruments, Rapid Testing Devices, Consumables and Drug Screening Services. Analytical Instruments segment consists of Chromatography Instruments, Immunoanalyzers and Breathalyzers (Fuel-cell breathalyzer, Semi-conductor breathalyzer and other breathalyzers).

Full Research Report On Global Drug Screening Market Analysis available at: https://www.millioninsights.com/industry-reports/drug-screening-market

Rapid Testing Devices segment consists of Dip cards, Drug Testing Cassettes, Drug testing cups, Oral Fluid Testing Devices, Urine testing device, and others. Consumables segment consists of Assay Kits, Calibrators & Controls, Sample Collection devices, and other consumables. Among products, Breathalyzers segment is projected to account a dominant share in the industry. Drug Screening Market is segmented by sample type as Breath, Hair, Oral Fluid, Urine and others. Among sample type, oral fluid segment is expected to hold a large share in the Drug Screening Industry.

Drug Screening Market is classified by end users as Criminal Justice Systems and Law Enforcement Agencies, Drug Treatment Centers, Drug testing laboratories, Hospitals, Individual users, Pain Management Centers, Schools and Colleges, Workplace, and others. The market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.

The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.

In case of geographical region, North America is projected to hold a major share in the Drug Screening Market. The key factors that attribute to the growth of this region include presence of key players, technological innovations and laws supporting drug screening. However, Asia Pacific is expected to display high growth rates in the Drug Screening Market. Factors such as rise in disposable income, large young population base, increasing consumption of alcohol and illicit drugs, and rising number of drunk-driving cases positively influence the growth of this region.

Some of the key players that fuel the growth of the Drug Screening Market include Alere, MPD Inc., Omega Laboratories, Psychemedics, Shimadzu, Alfa Scientific Designs, Labcorp, Siemens Healthineers, Drgerwerk, Quest Diagnostics, Orasure, Lifeloc, Roche, Premier Biotech, Thermo Fisher Scientific, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Market Segment:

This report studies Drug Screening in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering

• Quest

• Alere

• Roche

• Thermo Fisher

• Dr?gerwerk

• Siemens

• Express

• Shimadzu

• Mpd

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Drug Screening in these regions, from 2012 to 2022 (forecast), like

• North America

• Europe

• China

• Japan

• Southeast Asia

• India

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

• Equipment

• Service

Split by application, this report focuses on consumption, market share and growth rate of Drug Screening in each application, can be divided into

• Immunoassay Analyzers

• Chromatography

• Breath Analyzers

• Rapid Testing Devices

• Other           

Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/pharmaceutical-manufacturing

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