Drug Screening Market To Grow Vigorously with Double-Digit Growth by 2025 – Zion Market Research
Drug screening test mainly examines biological samples, for instance, hair, blood & urine; to analyze the occurrence of drug screening in patient’s body. In addition, a drug screening test is utilized to establish if an individual is or was under any kind of influences of the drug at any point in their life. Drug screening devices have got better due to the start of latest technology; giving the users accurate and precise results. Increase in alcohol consumption mainly amongst youngster as well as aged population, over usage of prescribed medicines/drugs, and rise in the usage of illicit and narcotics drugs are factors driving the global drug screening market.
Global Drug Screening Market: Growth Factors
Some of the most important key aspects driving the demand and popularity of the global drug screening market are the enforcement of strict laws and regulation that consent alcohol and drug testing in several countries, increasing usage of alcohol and drug, inflicted society issues, the existence of government financial support in the key markets. Furthermore, several new devices, products, and services are likely to gain authoritarian approvals and are also projected to gain implementation among both corporate organizations and government agencies. However, restriction on alcohol use in a number of up-coming countries that follow Islam religion, the ban of alcohol and drugs at the workplace in several countries, and accuracy of breathalyzer are some of the restraints hindering the global drug screening market from thriving.
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The vendors who are operating in the drug screening market are projected to gain several opportunities and prospects owing to their changing business plans in oral fluid testing and build up the theory of fingerprint, which is based on drug screening. Furthermore, several market players are projected to make huge investments into the up-coming economies to find new customers, thus driving the drug screening market.
Global Drug Screening Market: Segmentation
The global drug screening market is fragmented in terms of products, sample type, and end-user. In terms of end-user, the global market is fragmented into consumables, rapid testing devices, and others. In terms of sample type, the global drug screening market is categorized into hair sample, a breath sample, urine sample, oral fluid sample, and others. In terms of end-user, the global market is divided into drug treatment centers, drug testing laboratories, pain management centers, hospitals, and others.
Global Drug Screening Market: Regional Analysis
In terms of region, the global drug screening market has been classified into five major regions the Middle East & Africa, Europe, North America, Latin America, and the Asia Pacific. North America is expected to contribute a significant market share, followed by Europe. Popularity and demand for quick testing devices in North America are likely to be high as the government is expected to regularize the policies for unlawful drugs usage. In the coming future, the global drugs screening market in North America is projected grow at a considerable rate. The drug screening market in the Asia Pacific is also anticipated to have a healthy market growth in the coming years.
Global Drug Screening Market: Competitive Players
Some of the most important market players in the global drug screening market are Abbott Laboratories, Siemens Healthineers, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Danaher Corporation (Beckman Coulter, Inc.), and Drägerwerk AG & Co. KGaA, among others.
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- CDN Newswire