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Drug testing market illuminated by new report

Industrial Market Research

Drug testing market is anticipated to witness a considerable growth in forecasted future due to increasing prevalence of drug abuse.

Drug testingincludes different testing methods which are conducted to detect presence of drugs in the human body. These drugs are tested through blood, sweat, saliva, oral fluid and urine.

Drug testing is done mainly for illegal drugs. Illegal drugs are non-prescribed drug which are banned by governments.

These drugs are consumed for non-medicinal reasons which can affects mental and physical health of addicts.

Report At:www.bigmarketresearch.com/drug-tes…-2015-2024-market

 The primary factor which is inducing the growth of this market is increasing abuse of illegal drugs in different parts of the world. In addition, aging population, funding by government for drug testing, growing awareness of drug testing in emerging countries and stringent laws by these countries are major factors which are contributing to the growth of this market.

However, specificity and accuracy of the drug testing equipment is major challenge of faced by market players. Furthermore, rising concerns about drug testing and manufacturing of high-end drug testing equipments creates abundant growth opportunities for this market.

On the basis of products and services, global drug testing market is segmented as rapid testing devices, equipment, consumables and laboratory services. Rapid testing devices are further segmented into oral fluid testing devices and urine testing devices while urine testing devices is further segmented into dip cards, drug testing cups and cassettes.

The equipment is further bifurcated into immunoassay analyzers, breath analyzers and chromatography instruments. Consumables are again segmented into calibrators and controls, sample collection cups, assay kits and others.

Based on sample type, drug testing market is segmented into breath sample, urine sample, sample hair, oral fluid and others (sweat and blood samples). On the basis of end-users the market is segmented into drug testing laboratories, workplace and schools, criminal justice system and law enforcement agencies, drug treatment centres, hospitals, pain management centers and personal users.

On the basis of geography the drug testing market is segmented as North America, Europe, Asia Pacific, and others.

Report At: www.bigmarketresearch.com/1048241

The key players of the world’s drug testing market are Express Diagnostics Int'l, Inc., Drgerwerk AG & Co. KGAA Alere, Inc., Quest Diagnostics, Laboratory Corporation of America MPD, Inc., Shimadzu, Corp., Roche Diagnostics, Quest Diagnostics, Thermo Fisher Scientific, Inc.

and Siemens Healthcare.

The key takeaways from the report

The report will provide detailed analysis of drug testing market with respect to major segments such as product & services, sample type and end-user of the market.
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024.

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