Wilmington, Delaware, United States, Transparency Market Research Inc. – The increased use of drugs and alcohol, the implementation of strict laws requiring drug and alcohol testing are all contributing towards the growth of the global drug screening market in the near future.
Wilmington, Delaware, United States, Transparency Market Research Inc. – The increased use of drugs and alcohol, the implementation of strict laws requiring drug and alcohol testing are all contributing towards the growth of the global drug screening market in the near future. Besides, regulatory approvals and government support in important markets are estimated to encourage expansion of the market in the years to come. Restrictions on alcohol consumption in various Islamic nations and the ban on drug testing at office premises in other locations, on the other hand, are two important concerns that could stymie expansion of the global drug screening market in the near future.
Growing rates of drug usage among adults and teenagers in developing nations such as China have impacted employment and hampered the country’s economic position, which is likely to come up as a major factor adding to market growth. Furthermore, non-profit groups and government concentrate their efforts on sponsoring drug screening projects, thereby enhancing drug screening methods.
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Despite the high development rate of this industry, certain political as well as social decisions may limit market expansion. Political decisions such as the prohibition of alcohol usage in certain nations, for example, may have a detrimental impact in the near future. COVID-19 has caused major disruptions in economic as well as business activity around the world, and it is projected to have a temporary detrimental impact on the global drug screening market.
Global Drug Screening Market: Overview
Drug screening tests help to analyze and diagnose biological samples such as blood, hair, and urine and detect presence of drugs of abuse or its metabolites in the body of patients. These tests are conducted in order to ascertain if a person is or was under the influence of a drug at a certain point of time. Technological advancements in drug screening devices have enabled end-users to acquire accurate results.
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Global Drug Screening Market: Key Trends
Factors such as increase in alcohol consumption among the youth and elderly population, over usage of prescribed drugs, and rise in use of narcotics and illicit drugs propel the global drug screening market. Moreover, increase in competition among manufacturers fuels the growth of the global market. Manufacturers are engaged in the development of innovative products in broader categories to capture higher market share. In 2016, Alere, Inc. developed point-of-care testing device, the xReader, for work-place drug testing.
In the very next year, the company developed Alere iCup Rx Drug Screen for detection of commonly misused as well as abused prescription drugs. Moreover, technological advancements are expected to propel the global drug screening market in the near future. However, increase in awareness about driving under the influence of drugs and ban on alcohol and drugs at workplace & government organizations are likely to hamper market growth during the forecast period.
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Global Drug Screening Market: Segmentation
The global drug screening market can be segmented based on equipment & services, sample, end-user, and region. In terms of equipment & services, the global market can be classified into breath analyzers, immunoassay analyzers, rapid testing devices, chromatography instruments, and urine testing devices. The breath analyzers segment can be divided into fuel cell breath analyzers, semiconductor breath analyzers, and others.
The rapid testing devices segment can be bifurcated into urine testing devices and oral fluid/saliva testing devices. The urine testing devices sub-segment can be categorized into urine testing cups, cassettes, and others. Based on sample, the global drug screening market can be classified into oral fluid sample, urine sample, breath sample, hair sample, and others. In terms of end-user, the global market can be divided into hospitals, workplace & school, criminal justice & law enforcement agencies, drug treatment centers, drug testing laboratories, pain management centers, and personal users.
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Global Drug Screening Market: Regional Analysis
In terms of region, the global drug screening market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to account for major market share in 2018 owing to the presence of leading manufacturers such as Alere, Inc. in the region. Large number of mergers and acquisitions by key players are anticipated to propel the market in North America. The market in Asia Pacific is expected to expand at a high CAGR in the near future due to the presence of leading manufacturers. In 2016, Alere Medical Pvt. Ltd. inaugurated an integrated facility in India for the manufacture of rapid point-of-care diagnostic devices.
Global Drug Screening Market: Competitive Landscape
Major players in the global drug screening market include Danaher Corporation, Express Diagnostics International, Inc., SureHire, Thermo Fisher Scientific, Siemens Healthineers, Quest Diagnostics, Alfa Scientific Designs, Omega Laboratories, Abbott Laboratories, F. Hoffmann-La Roche AG, and OraSure.
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