Bharat Book

Global Drug Abuse Testing Market

Press Release   •   Jan 02, 2017 15:30 IST

Report Description

Introduction
Drug of abuse testing is based on diagnosing drug addiction, also called substance use disorder, requiring a thorough evaluation and often includes an assessment by a psychiatrist, a psychologist, or a licensed alcohol and drug counselor. Blood, urine or other lab tests are used to assess drug use, but they're not a diagnostic test for addiction. These tests may be used for monitoring treatment.

The global drug abuse testing market is expected to reach $3.8 billion by 2020 at a CAGR of 5.3% during the forecast period.

On the basis of type of tests, onsite testing is by far the fastest growing segment of global drug abuse testing market and it is expected to reach $2.8 billion by 2020.

Based on type of samples, urine samples commands largest market share of global drug abuse testing market and it is expected to grow at a CAGR of 5.1% during the period 2016 to 2020.

The use of illicit drugs is rising every year globally and has become a big concern for countries including the U.S., the U.K. Japan, Germany, India and China. Illicit drugs in use include heroin, cannabis, cocaine, ecstasy and amphetamine. For instance, global cocaine seizures increased to 671 tons in 2012, compared with the 634 tons seized in 2011.

Key Players
The leading market players in the global drug abuse testing market include; Roche Holding Limited (Switzerland), Quest Diagnostics (U.S.), Laboratory Corporation of America Holdings (U.S.), Alere Inc. (U.S.), Abbott Laboratories (U.S.), Randox Laboratories Ltd (U.K.), Psychemedics Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), and others.

Study Objectives of Drug Abuse Testing Market Development and Demand Forecast to 2020 Market

-To provide insights about factors, influencing and affecting the market growth.
-To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries.
-To provide historical and forecast revenue of the market segments based on type of test, and type of sample for global drug abuse testing market.
-To provide economic factors that influences the global drug abuse testing market.

Target Audience

  • Pharmaceutical companies
    • Forensic laboratories
    • Research Laboratories
    • Hospitals & Clinics

    Key Findings

  • The global market for drug abuse testing is expected to grow at a CAGR of 5.3% during the period 2016 to 2020 to reach $3.8 billion by 2020.
    •The Asian and Europe drug abuse testing market is expected to grow rapidly during 2016 to 2020; whereas, North America will remain the largest market by 2020.
    •By type of tests, onsite testing segment is expected to witness highest CAGR of 5.9% during the period 2016 to 2020.
    •Based on the type of samples, urine sample segment commands the largest market share of global drug abuse testing market; registered 87% share in 2015Regional and Country Analysis of Drug Abuse Testing Market Development and Demand Forecast to 2020 Market

  • As per the MRFR analysis, the Asia drug abuse testing market is poised to reach $160 million by 2020, to grow at a CAGR of around XX% during the forecasted period. European market was valued at $ 494.6 million in 2015, and expected to reach at $ 595 million by 2020. North America continues to be the leading region during the forecast period.

    Table of Contents
    1. Research Scope & Methodology
    2. Executive Summary
    3. Market Outlook
    4. Global Market Size & Forecast (2011-2020)
    5. Global Market Breakdown By Type Of Test
    6. Global Market Breakdown By Sample
    7. Global Market Breakdown By Region
    8. Competitive Analysis And Market Share
    9. Company Profiles
    10. Appendix

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