North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period.
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Prominent players offering drug screening market and products include Alere (US), Thermo Fisher (US), Drägerwerk (Germany), OraSure (US), Alfa Scientific Designs (US), Lifeloc (US), MPD, Inc. (US), Premier Biotech (US), Shimadzu (Japan), Siemens Healthineers (US).
While, LabCorp (US), Quest Diagnostics (US), Omega Laboratories (US), Psychemedics (US), CRL (US), SureHire (Canada), and CannAmm (Canada) are some of key players offering drug screening services.
Key Target Audience for this Report:
- Drug and alcohol testing laboratories
- Drug and alcohol testing product manufacturing companies
- Rapid drug screening device manufacturers
- Law enforcement agencies
- Healthcare providers
- Government agencies
- Research and consulting firms
- Venture capitalists
The drug screening market is expected to reach USD 8.63 billion by 2022 from USD 5.32 billion in 2017, at a CAGR of 10.2%. Growing drug & alcohol consumption, enforcement of stringent laws mandating drug and alcohol testing, and the presence of government funding in major markets are factors driving the growth of the drug screening market.
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Drug screening market is dominated by North America, followed by Europe, Asia Pacific, & Rest of the World (RoW). Dominance of North American market is attributed to factors like rising consumption of illicit drugs, availability of government funding to curb drug abuse, & presence of laws supporting drug screening, & growing burden of accidents due to unsafe levels of alcohol consumption.
1 Attractive Opportunities in Drug Screening Market
2 Drug Screening Market, By Product
3 Geographical Analysis Europe Drug Screening Market, By Product and Country
4 Drug Screening Market, By Sample Type
5 Drug Screening Market, By End User
6 Drug Screening Market: Geographic Snapshot
Global drug screening market by sample type is segmented into urine, breath, oral fluid, hair, and other samples. The urine sample segment is estimated to account for the largest share in 2017, however, the oral fluid samples segment is expected to register the highest growth rate during the forecast period.
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Drug screening market is segmented into analytical instruments, rapid testing devices, & consumables. Rapid testing devices market is further subsegmented into urine testing devices & oral fluid testing devices.
Urine testing devices segment is expected to account for largest market share in 2017. However, oral fluid testing devices segment is projected to register highest CAGR during forecast period.
Key Benefits of Getting the Report:
Report will help the market leaders/new entrants in drug screening market by providing them with closest approximations of revenues for overall market & its sub segments. This report will help stakeholders to understand competitive landscape better & gain insights to position their businesses & help companies adopt suitable go-to-market strategies.
Report also helps stakeholders understand pulse of market and provide them with information regarding key market drivers & opportunities.
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