Market Snapshot:
Drug screening is a method in which potential drugs are identified as well as optimized before selection of a candidate drug in order to progress to clinical trials. It is a cost-effective method to quickly review all samples. It is highly reactive, but not highly selective. It analyses various biological samples, namely hair, blood, & urine in order to diagnose the presence of drug abuse. It is used to determine, whether the person is the influences of the drug at a certain point of time. The urine sample is mostly used for screening due to its low cost as well as result reliability. Drug screening is a two-step process which includes initial test and a confirmatory test. Increase in alcohol consumption among youth and elderly population, overuse of prescribed drugs, the rise in use of narcotics and illicit drugs are some of the major drivers which are propelling the growth of the market.The research analyst at AMA estimates Drug Screening market to grow at a compounded annual growth rate of 9.45%
Segment Analysis
AMA Research have segmented the market of Global Drug Screening market by Type, Application and Region. On the basis of Type, Breathalyzer are dominating the market in the year 2020
On the basis of geography, the market of Drug Screening has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
Technology Advancement of the Drug Screening and Increasing Usage in Oral Fluid Testing across the World
Market Drivers
Growing Drug & Alcohol Consumption and Enforcement of Stringent Laws Mandating Drug as well as Alcohol Testing and Presence of Government Funding in Major Markets and Regulatory Approvals & Product Launches and Services
Opportunities
Increasing Demand from Emerging Economies Such As India, China, and Others
Restraints
- Issue related to Ban on Alcohol Consumption in Several Islamic Countries and Prohibition of Workplace Drug Testing in Some Countries
In addition to the aforementioned factor, Growing Drug & Alcohol Consumption and Enforcement of Stringent Laws Mandating Drug as well as Alcohol Testing
is expected to propel the growth of the market over the forecast period.
The key Players profiled in the study are Alere (United States), Thermo Fisher (United States), Drägerwerk (Germany), OraSure (United States), Alfa Scientific Designs (United States), Lifeloc (United States), MPD, Inc. (United States), Premier Biotech (United States), Shimadzu (Japan), and Siemens Healthineers (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.