IMARC Group, a leading market research company, has recently releases report titled “Drug Screening Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global drug screening market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Drug Screening Market?
The global drug screening market size reached US$ 6.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028.
What is Drug Screening?
Drug screening refers to various tests used to analyze biological samples, such as hair, blood, urine, and saliva, to identify the presence of drug abuse or its metabolites in the patient’s body. It is also employed to analyze or detect the presence of performance-enhancing substances, such as steroids and human growth hormone (HGH), used by professional athletes to improve stamina and performance during competition. Some of the most common illegal substances detected by drug screening tests include methamphetamines, cocaine, cannabis, heroin, amphetamine, and methadone. In recent years, drug screening tests have gained immense traction on account of the rising consumption of alcohol among the youth and older population.
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What are the growth prospects and trends in the drug screening industry?
One of the primary factors driving the market is the overuse of prescription medicines. Additionally, the increasing use of illegal drugs, narcotics, and opioid painkillers is creating a positive market outlook. Furthermore, the rising crime rates related to drug addiction are positively influencing market growth.
Besides this, there is a rise in drug and alcohol usage among individuals due to the upsurge in mental health issues. In line with this, various government policies limiting the use of drugs and drug trafficking are creating lucrative growth opportunities for the key players operating in the industry.
Other factors, including the shifting focus toward creating a safe workplace, an increasing number of fatal road accidents, and rising participation of individuals in professional sports, are also anticipated to propel the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product and Service:
- Equipment
- Immunoassay Analyzers
- Chromatography Instruments
- Breath Analyzers
- Rapid Testing Devices
- Urine Testing Devices
- Oral Fluid Testing Devices
- Consumables
- Assay Kits
- Sample Collection Cups
- Calibrators and Controls
- Others
- Laboratory Services
Breakup by Sample Type:
- Urine Samples
- Breath Samples
- Oral Fluid Samples
- Hair Samples
- Others
Breakup by End User:
- Hospitals
- Drug Testing Laboratories
- Workplaces
- Drug Treatment Centers
- Pain Management Centers
- Personal Users
- Criminal Justice System and Law Enforcement Agencies
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Abbott Laboratories, Alfa Scientific Designs Inc., Bio-Rad Laboratories Inc., Drägerwerk AG & Co. KGaA, Laboratory Corporation of America Holdings, Lifeloc Technologies Inc., Omega Laboratories Inc., OraSure Technologies Inc., Psychemedics Corporation, Quest Diagnostics Incorporated, Siemens AG, Thermo Fisher Scientific Inc.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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