Drug Screening Market Report, Size Insight Report 2021 to 2027 by Manufactures Types, End Users and Regions with COVID-19 Impact Analysis
A comprehensive overview of the Drug Screening market is recently added by UnivDatos Market Insights to its humongous database. The drug screening market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Drug Screening market. The Drug Screening market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Drug Screening market at the global and regional levels. The Global Drug Screening Market is expected to grow Higher by 2027.
Market Overview
Increasing consumption of alco-hol is anticipated to propel the demand for
Drug Screening in the forthcoming years. Alco-hol consumption in India amounted
to about 5.4 billion liters in 2016 and was estimated to reach about 6.5
billion liters in 2020. The steady increase in consuming these
beverages can be attributed to multiple factors including the rising levels of
disposable income and a growing urban population, among others.
Furthermore, the increased alco-holic consumption among the younger age
group has also been boosting the market drug screening market. According to the
2019 NSDUH, an estimated 414,000 adolescents ages 12 to 17 (1.7% of this
age group) had AUD. This number includes 163,000 males (1.3% of
males in this age group) and 251,000 females7 (2.1% of females in this age
group). Similarly, according to a study, over 88% of Indians
aged under 25 purchase or consume alco-holic beverages even though it is
illegal. As per the Australia Institute of Health and Welfare, in 2018,
young adults aged 18–24 were the most likely of all age groups to exceed single
occasion risk guidelines at least monthly (41%), compared with 25% of people aged
14 and over, in Australia as well.
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COVID-19 Impact
The COVID19 has resulted in a profound re-evaluation of the advantages and
costs of Drug Screening. The COVID-19 pandemic has disrupted health systems
worldwide. This has had a profound impact on drug screening tests. Due to
limited or non-availability of medical facilities/treatment centers, harm
reduction service providers, and the fear of infection transmission, it has
caused significant disruptions to businesses and economic activities around the
world, and it is expected to have a short-term negative impact on the drug screening
market. A recent survey performed by the Current Consulting Group (CCG)
in 2021, found that since the start of the pandemic, 21% of employers have
reported a drop of 61% or more in the number of drug tests that they perform on
employees in the US states. Restrictions and lockdowns were also
imposed in travel, business operations, public gatherings, and shelter-in-place
orders, all of which have further impacted market growth. For instance, in 2020
after the COVID-19 outbreak worldwide, sixty-eight countries had limited the
export of their protective equipment supplies to other countries further
breaking down the distribution networks of the international supply chain.
However, government associations have been working on increasing adoption
for fingerprint drug screening because of its multiple advantages such as
efficiency, non-invasiveness, low cost, accuracy and hygienic. For instance, Intelligent
Fingerprinting launched fingerprint drug screening kits and devices such as:
Intelligent Fingerprinting DSR-Plus, Intelligent Fingerprinting Drug Screening
Cartridges; etc.
Global Drug Screening Market report is studied thoroughly with several
aspects that would help stakeholders in making their decisions more curated.
By Product and Services, the market is primarily bifurcated into
- Drug Screening Products
- Analytical Instruments
- Immunoassay Analyzers
- Chromatography Instruments
- Breathalyzers
- Rapid Testing Devices
- Urine Testing Devices
- Oral Fluid Testing Devices
- Consumables
- Assay Kits
- Sample Collection Tubes
- Calibrators & Controls
- Other Consumables
- Drug Screening Services
The drug screening products segment dominated the by product and services of
the global Drug Screening market and will row at X% CAGR to reach US$ X billion
by the year 2027.
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By Sample, the market is primarily segmented into
- Urine Samples
- Oral Fluid Samples
- Breath Samples
- Hair Samples
- Other Samples
Amongst the sample, urine samples accounted for the largest share in 2020
and is expected to grow at X% CAGR during the forecast period 2021-2027.
By End-Users, the market is primarily bifurcated into
- Workplaces
- Drug Testing Laboratories
- Criminal Justice Systems & Law Enforcement Agencies
- Hospitals
- Drug Treatment Centers
- Individual Users
- Pain Management Centers
- Schools & Colleges
The workplace segment is dominated by end-users of the global Drug Screening
market and will row at X% CAGR to reach US$ X billion by the year 2027.
Drug Screening Market Geographical Segmentation Includes:
- North America (United States, Canada, and Rest of North
America)
- Europe (Germany, United Kingdom, Italy, France, Spain, and Rest
of Europe)
- Asia-Pacific (China, Japan, India, Australia, and Rest of
Asia-Pacific)
- Rest of the World
Based on the estimation, the North America region dominated the Drug
Screening market with almost US$ X billion in revenue in 2020 on account of the
of rising consumption of illicit drugs, availability of government funding to
curb drug abuse, and the presence of laws supporting drug screening.
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The major players targeting the market includes
- Siemens
- Thermo Fisher
- LabCorp
- Alere
- Omega Laboratories
- Roche
- OraSure
- Biomedical Diagnostics
- Quest Diagnostics
- Laboratory Corporation of America Holdings
Competitive Landscape
The degree of competition among prominent global companies has been
elaborated by analyzing several leading key players operating worldwide. The
specialist team of research analysts sheds light on various traits such as
global market competition, market share, most recent industry advancements,
innovative product launches, partnerships, mergers, or acquisitions by leading
companies in the Drug Screening market. The major players have been analyzed by
using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research
report include:
- What are the latest trends, new patterns, and technological
advancements in the Drug Screening market?
- Which factors are influencing the Drug Screening market over
the forecast period?
- What are the global challenges, threats, and risks in the Drug
Screening market?
- Which factors are propelling and restraining the Drug Screening
market?
- What are the demanding global regions of the Drug Screening
market?
- What will be the global market size in the upcoming years?
- What are the crucial market acquisition strategies and policies
applied by global companies?
We understand the requirement of different businesses, regions, and
countries, we offer customized reports as per your requirements of business
nature and geography. Please let us know If you have any custom needs.
Final Report will add the analysis of
the impact of COVID-19 on this industry.”
In the
highly import dependent Indian medical devices market, a large number of
indigenous manufacturers of syringes & needles have managed to come up.
However, it does not mean that imports are low for this market. Imports, as in
the case with other medical devices, are quite high but the domestic
manufacturers have been able to tap foreign markets through increasing exports.
The target base of consumers is growing steadily which is expected to
significantly boost sales in the market.
The report
provides a snapshot of the syringes & needles market. It begins with the
introduction section which mentions the features and uses of syringes &
needles along with a brief description of the various phases in their
development. The market overview section provides an insight into the market
and highlights the market size. Import and export figures for syringes &
needles, both in terms of volume and value have been provided in the next
section. It also includes the regional break-up of the imports and exports.
An analysis
of the drivers explains the factors leading to the growth of the market which
include increasing need of insulin doses, increasing demand for vaccines,
improving health infrastructure, growing incidence of diseases, changing
demographics and health check-up packages. Some of the major challenges to the
market are illegal recycling of syringes & needles and problems associated
with usage. Government legislation in the market has been discussed in the next
section.
The
competition section highlights the features of the major players operating in
the market. A brief profile of the major domestic and foreign players in the
market along with their financials has been included in this section.
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A section providing
strategic recommendations has been given at the end of the report which gives
effective solutions to existing and potential players for improving market
share and increasing profitability. The Market report answers the following
questions:
What is the aim of the report?
·
The market
report presents the estimated market size of Drug
Screening market by the end of
forecast period. Additionally, the historical and current market size is also
examined in the report.
·
Based on
various indicators, the Year on Year growth (%) and compound annual growth rate
(CAGR) for the given forecast period is offered.
·
An overview
of the Market based on geographical scope, market segmentation and financial
performance of key players is presented in the report.
·
The report presents
current trends in the industry and future scope of the Market in North America,
Asia Pacific, Europe, Latin America and Middle East and Africa.
·
The various
parameters accelerating the growth of Market are incorporated in the research
report.
·
The report
analyzes growth rate, market size and valuation of the Market during the
forecast period.
What aspects regarding the regional
analysis Market are included in this report?
·
Geographical
regions covered in the report include North America, Europe, Asia Pacific,
Latin America and Middle East & Africa region.
·
The report
consists of detailed region-wise analysis of current and future market trends,
providing information on product usage and consumption.
·
The growth
rate of the market in every region, including their countries over the forecast
period is included in the market report.
·
Based on
what factors are the key market players assessed in this report?
·
The report
offers detailed analysis of leading companies in the market across the globe.
·
It provides
details of the major vendors involved in the Market including Key Playes
·
A
comprehensive overview of each company including the company profile, generated
revenue, pricing of goods and
·
the
manufactured products is incorporated in the report.
·
The facts
and figures about market competitors along with standpoints of leading market
players are presented in the report.
·
The recent
developments, mergers and acquisitions related to mentioned key players are
provided in the market report.
What is the key information extracted
from the report?
·
Extensive
information on factors estimated to affect the Market growth and market share
during the forecast period is presented in the report.
·
The report
offers the present scenario and future growth prospects Market in various geographical
regions.
·
The
competitive landscape analysis on the market as well as the qualitative and
quantitative information is delivered.
·
The SWOT
analysis is conducted along with Porter's Five Force analysis.
·
The
in-depth analysis provides an insight into the Market, underlining the growth
rate and opportunities offered in the business.
Labels: Drug Screening Market
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