Worldwide Drug of Abuse Testing Market 2018 – Grooming In To Perfect 5.3% of CAGR with Competitive Players by 2020

Drug of Abuse Testing Market
Latest research study from Market Research Future with title “Drug of Abuse Testing” by Manufacturers, Regions, Type and Application, Forecast to 2020. The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data.

Market Highlights:

The 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.

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Global Drug of Abuse Testing Market Players:

The major players of this market are: 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

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”

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

Regional Analysis:

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.

Segmentation:

The 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

Urine, saliva and hair are the most common specimens used in the onsite screening tests. Whilst for many years, urine testing has been considered the standard in onsite testing; saliva testing is growing. These tests give immediate results and are highly preferred at workplace and educational institutions. Mostly, the onsite screening test kits are designed for urine and saliva specimen.

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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)

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)

FIG 6 THE EUROPEAN DRUG ABUSE TESTING MARKET SHARE BY TYPE OF TEST (2015)

FIG 7 THE ASIAN DRUG ABUSE TESTING MARKET SHARE BY TYPE OF TEST, 2015

FIG 8 GLOBAL DRUG ABUSE TESTING MARKET SHARE, BY SAMPLE, 2015

FIG 9 NORTH AMERICA DRUG ABUSE TESTING MARKET SHARE BY COUNTRY (2014)

FIG 10 EUROPE DRUG ABUSE TESTING MARKET SHARE BY COUNTRY (2014)

FIG 11 ASIA-PACIFIC DRUG ABUSE TESTING MARKET SHARE BY COUNTRY (2014)

FIG 12 PORTER’S FIVE FORCES OF COMPETITIVE POSITION ANALYSIS

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