Drugs of Abuse Testing - Global Market Outlook (2017-2026)

Publishing Date : 18 Apr 2018 Report Code : MRC_1065 Pages : 148 Category : Healthcare and Pharma

"According to Stratistics MRC, the Global Drug Abuse Testing devices market is accounted for $ 3856.3 million in 2017 and is expected to reach $ 7149.5 million by 2026 growing at a CAGR of 7.1% during the forecast period. The factor which may influence the growth of the market is increased use of drug testing at organizational level, increased production and trade of illicit drugs worldwide and others. The market is growing due to technological advancements taking place that increase sensitivity, reduce consumption of time, and facilitate detection of newly developed designer drugs. The increased use of drug of abuse tests for legal and medical purposes has made it imperative to produce results with high confidence levels. As a result, improvement can be observed in various facets such as chemistry, materials, device and equipment. However, increase in drug variety creates difficulty in identifying drug level in drug testing devices, this set as major restraints for the market. Drug of abuse testing is required to identify the presence of various drugs in person’s body through different samples such as hair, urine, blood, saliva, etc. It is important in order to suggest with suitable medical treatment to the person or to screen or monitor for the use of illegal drugs. The drug of abuse testing can be performed for a variety of reasons such as Employment drug testing, medical screening, athletics testing, and legal forensic information among others. Medical screening for drugs is performed to decide the combination of drugs a person may have consumed in order to offer appropriate treatment. Amongst Product, the chromatographic devices segment acquired considerable share. Chromatography is the separation and identification technique. Structurally or chemically like components of homogeneous mixture can be divided using this procedure. Separation is based upon component’s relative ability to absorb or separation between stationary phase and the mobile phase. In all the chromatographic techniques, the sample is dissolve in a mobile phase which may be a supercritical fluid, a gas, or a liquid. Geographically, North America has been the largest market with the U.S. being the larger contributor to the regional market, as compared to rest of North America. The important position of the North American market is mostly due to the increased accessibility of illicit drugs, rising workplace monitoring for utilization of illicit drugs and increased drug trafficking in the region. Some of the key players in Drugs of abuse testing are Atlas link biotech co ltd, Backman Coulter inc, 1ST Step detect associates llc, Biophor diagnostics inc, Abbott Laboratories, Bio-Medical products Corp, Accutech llc, Bio-Rad Laboratories inc, Alere Inc, Bioscan Screening Systems inc, Alfa Scientific Designs inc, Branan Medical Corp, Amedica Biotech inc, Confirm Biosciences, American Biomedica Corpation and Devon Medical Products. Products Covered: Analyzers Immunoassays Analyzers Chromatographic Devices Breath Analyzers Rapid Testing Devices Urine Testing Devices Oral Fluid Testing Devices Consumables Fluid Collection Devices Other Products Samples Covered: Saliva Breath Urine Blood Hair & Sweat Testings Covered: Work Place Screening Pain Management Testing Criminal Justice Testing Medical Screening End Users Covered: Diagnostics Laboratories Forensic Laboratories Hospitals On-the-spot Testing Regions Covered: North America o US o Canada o Mexico Europe o Germany o UK o Italy o France o Spain o Rest of Europe Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific South America o Argentina o Brazil o Chile o Rest of South America Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements "

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