The Globally Drug of Abuse Testing Market is expected to grow at 5.3% GAGR from 2016 to 2020.
The use of illicit drugs is rising every year globally and has become a big concern for countries including the U.S., the U.K. Japan, Germany, India and China. Illicit drugs in use include heroin, cannabis, cocaine, ecstasy and amphetamine. Global cocaine seizures increased to 671 tons in 2012, compared with the 634 tons seized in 2011. The main increase in the quantities of cocaine seized was in South America and Western and Central Europe. Some of the new psychoactive substances (NPS) like, phenethylamines, ketamine, piperazine and tryptamines, are also being used widely in the drug market.
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Further Drug trafficking is a global illicit trade involving the cultivation, manufacture, distribution and sale of substances which are subject to drug prohibition laws. According to United Nations Office on Drugs and Crime (UNODC) estimates, drug trafficking is increasing worldwide due to rising demand of illicit drugs (mainly heroin, cocaine and amphetamines). World heroin consumption and seizures represent an annual flow of 430 tons to 450 tons of heroin in the global heroin market.
According to data from the UNODC and European crime-fighting agency Europol, the annual global drugs trade is worth around $435.0 billion a year, with the annual cocaine trade worth $84 billion. With the exception of opiate use, use of all other groups of substances (opioids, cannabis, cocaine, ATS and ecstasy) remains at level higher than the global average in the region. In the U.S., illicit drug use by persons aged 12 years or older reached the highest level in the past 10 years, increasing from 15.0% in 2011 to 16.0% in 2012.
The overall demand for drug of abuse testing is rising and the same is being used mostly by healthcare service providers, public and private organizations and other government agencies. The two major technologies used for onsite screening testing and laboratory testing of drug of abuse are immunoassay technique and chromatography.
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.
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Segments:
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.
Brief TOC
1 Research Scope & Methodology
2 Executive Summary
3 Market Outlook
4 Global Drug of Abuse Testing Market Size & Forecast (2011-2020)
5 Global Drug of Abuse Testing Market Breakdown by Type of Test
6 Global Drug of Abuse Testing Market Breakdown by Sample
7 Global Drug of Abuse Testing Market Breakdown by Region
8 Competitive Analysis and Market Share
9 Company Profiles
10 Appendix
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