Rising investment in developing novel products by market players for drug abuse is a factor driving the global drugs of abuse testing market, says Fortune Business Insights in a report, titled “Drugs Of Abuse Testing Market Size, Share and Global Trend By Product (Equipment, Consumables), By Sample Type (Saliva, Urine, Hair, Breath, Blood, Sweat), By Application (Medical Screening, Monitoring Pain Management, Forensic & Legal Information, Employment Drug Testing, Sports & Athletics Testing), By End User (Hospital, Forensic Labs, Diagnostic Centres, Speciality Clinics) and Geography Forecast till 2026.” The growing trend of employing medical screening for drug abuse is contributing growth to the global drugs of abuse testing market.
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KEY PLAYERS COVERED
Some of the major companies that are present in the global drugs of abuse testing market are
- Siemens Healthcare GmbH,
- Thermo Fisher Scientific Inc.,
- LifeSign LLC.,
- MP Biomedicals,
- Premier Biotech, Inc.,
- MEDACX Ltd.,
- Chromsystems Instruments & Chemicals GmbH,
- AccuBioTech Co. Ltd.,
- Screen Italia Srl,
- Paramedical s.r.l.
Implmentation of Stringent Regulations by Government Will Facilitate Growth
The rising technological advancements in analyzers for multidrug detection is driving the global drugs of abuse testing market. The growing trend of medical screening along with increasing investment by key players in developing novel products for drug abuse screening are factors predicted to augment the drugs of abuse testing market share in the forthcoming year. Furthermore, enhanced stringent regulations by the government for making drug abuse screening obligatory is expected to boost drugs of abuse testing growth during the forecast period. Nonetheless, lack of awareness about drug abuse testing methods in underdeveloped countries is predicted to restrict the growth of global drugs of abuse testing revenue during the forecast period.
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- Immunoassay Analyzers
- Chromatography Instruments
- Breath Analyzers
- Rapid Test Kits
By Sample Type
- Medical Screening
- Monitoring Pain Management
- Forensic & Legal Information
- Employment Drug Testing
- Sports & Athletics Testing
- Forensic Labs
- Diagnostic Centres
- Speciality Clinics
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Highlights of the Report
- In-depth analysis of various insights, namely, Drugs Of Abuse Testing Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and market shares.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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