Drug Screening Market To Acquire USD 22.9 Billion By 2032
Drug Screening Market Overview
The study documents by MRFR state that the Drug Screenings Market Research Report Information by Product, End Users, Application, and Region - Forecast Till 2032, the Drug Screenings market is likely to grow considerably throughout the valuation period from 2022 to 2032 at a distinguished CAGR of nearly 17.20%. The research reports provide predictions regarding the global market's rising revenue data, which is anticipated to acquire a market worth of USD 22.9 Billion by the end of 2032. The reports also tell that the market was worth nearly USD 6.4 Billion in 2023. Drug Screening helps in recognizing whether drugs or the products of their metabolism exist in a person's biological material, which is usually their blood, urine, hair, or saliva. Drug testing is usually utilized by employers, law enforcement agencies, and healthcare professionals to examine drug use or abuse. The Drug Screenings market has recently advanced. The main factor causing a rise in market performance is the increase in workplace rules for workers.
Drug Screenings Market Players
- Siemens Healthineers (Germany)
- LabCorp (US)
- LifeLoc (US)
- Quest Diagnostics (US)
- MPD Inc. (US)
- Abbott Laboratories (US)
- Omega Laboratories (US)
- OraSure Technologies (US)
- Premier Biotech (US)
- Alfa Scientific Designs (US)
- Psychemedics (US)
- Thermeisher Scientific (US)
- Roche (Switzerland)
- Drägerwerk (Germany)
- Shimadzu (Japan)
Market Drivers
The Drug Screenings market has recently advanced. The main feature causing a ascent in market performance is the increasing workplace rules for workers. Furthermore, the rising problems with substance abuse are also likely to be one of the crucial aspects triggering a rise in the expansion of the global market over the coming years.
Market Restraints
However, several parameters may impede Drug Screenings' performance in the global market. One of the main parameters limiting the development of the market is the elevated prices associated with raw materials.
Segment Analysis
The global Drug Screening market has been segregated into various segments based on Product & Service, Sample Types, End Users, and Region.
Based on the Product and Service, the global Drug Screening market is divided into Consumables, Drug Screening, Drug Screening Services, Rapid Testing Devices, and Analytical Instruments.
Based on the Sample Types, the global Drug Screening market is divided into Hair Samples, Urine samples, Oral Fluid Samples, Breath Samples, and Other Samples.
Based on the end-user, the global Drug Screening market is divided into Schools & Colleges, Drug Testing Laboratories, Individual Users, Criminal Justice & Law Enforcement Agencies, Pain Management Centers, Drug Treatment Centers, Hospitals, and Workplaces.
Regional Analysis
The data reports by MRFR state that The North American Region ensured the primary spot across the Drug Screenings market in 2021. The region has substantial development participants, such as the U.S., Canada, and Mexico. The primary parameter beginning a rise in the performance of the regional Drug Screening market is the strict restrictions for occupational testing. Furthermore, the presence of significant firms performing aggressive expansion initiatives is also likely to catalyze the expansion of the regional market over the coming years.
The European Region will grow substantially across the Drug screening market from 2023 to 2032. The region has substantial development participants, such as Germany, France, and the UK. The primary constraint causing a surge in the performance of the regional Drug Screening market is the expanding usage of random drug tests and substance abuse screening in pre-employment.
The Asia-Pacific region is estimated to grow at the highest pace, with a CAGR of 12.67% across the Drug Screenings market over the assessment period. The region has substantial development participants, such as China, India, and Indonesia. The primary parameters causing a surge in the performance of the regional Drug Screening market are a rise in deadly car accidents, substance misuse disorders, and drug-related crimes.
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