Healthcare / Drug Screening Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Quest Diagnostics Incorporated, Abbott Laboratories, Quidel Corporation, F. Hoffmann-La Roche
Drug Screening Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Quest Diagnostics Incorporated, Abbott Laboratories, Quidel Corporation, F. Hoffmann-La Roche
The Drug Screening market is estimated to grow at a CAGR of 16.5% over the forecast period, from USD 5.6 billion in 2021 to USD 11.2 billion in 2027. (2022 - 2027).
Drug Screening Market Overview
Drug screening is the process of detecting illegal and prescription drugs in blood, urine, and other bodily fluids. The analysis and detection of performance-enhancing pharmaceuticals used by professional athletes, such as steroids and HGH, in order to boost stamina and performance during competition is referred to as a drug screening process.
Heroin, cannabis, cocaine, methamphetamines, methadone, and amphetamine are some of the most often used illegal drugs. Many countries are concerned about the rising prevalence of such drug consumption around the world. For example, according to the National Institute on Drug Abuse (NIDA), an estimated 22.6 million people in the United States used illicit drugs in 2010, accounting for 8.9% of the country's entire population.
The rising prevalence of drug addiction and illicit drug consumption is likely to boost the worldwide drug screening market over the forecast period. Furthermore, rising crime rates connected with drug usage are expected to enhance drug screening adoption, which will fuel the worldwide drug screening market's rise.
Industry News and Updates
May 5, 2020: Psychemedics Announces a “Vaping Panel” to Detect and Deter the use of Marijuana, CBD and Nicotine--
Psychemedics Corporation (NASDAQ: PMD), the world leader and pioneer in detecting drugs of abuse using hair analysis, today introduced a Vaping Panel to detect the use of Marijuana, CBD and Nicotine. This test provides a way for schools and businesses to detect the ingestion of these drugs by all methods including electronic cigarettes or smoking. Hair testing provides several significant advantages over other methods of testing including a 90-day lookback period for the ingestion of drugs.
Drug Screening Market Growth Drivers
Increasing use of alcohol and drug consumption and underlying risks is increasing law enforcement.
Stringent regulation in North America to keep the attractive quotient of the region intact.
Growing drug rehabilitation centers translate to increasing adoption of drug screening devices.
What are the major Applications, Types and Regions for Drug Screening Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Immunoassay Analyzers
Chromatography
Breath Analyzers
Rapid Testing Devices
Assay Kits and Reagents
By Application, it is segmented into
Hospitals
Research Institute
Biotechnology & Pharmaceutical Companies
Others
Drug Screening Market Regional Analysis
The drug screening market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World. North America had a 48.2% share of the overall market in 2020, followed by Europe. Factors such as the rising consumption of illicit drugs, the availability of government funding to combat drug abuse, laws supporting drug screening, the rising burden of accidents caused by alcohol impairment, and the presence of key players in the region are all contributing to the North American market's dominance. Asia Pacific is predicted to grow at a rapid pace during the projection period, with China and India leading the way. A rising number of drug addicts, the development of advanced drug and alcohol screening devices, increased awareness of the importance of alcohol and drug screening, and an increase in government and private institute initiatives aimed at improving the drug detection system are all expected to contribute to the drug screening market's growth in Asia Pacific.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Drug Screening Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Drug Screening Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Drug Screening Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 16.5% over the forecast period (2022-2027)
By Type
Immunoassay Analyzers
Chromatography
Breath Analyzers
Rapid Testing Devices
Assay Kits and Reagents
By Application
Hospitals
Research Institute
Biotechnology & Pharmaceutical Companies
Others
By Companies
Quest Diagnostics Incorporated, Abbott Laboratories, Quidel Corporation, F. Hoffmann-La Roche, Thermo Fisher Scientific, Inc., Siemens Healthineers, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., LabCorp, Drägerwerk AG & CO. KGaA, Clinical Reference Laboratory (CRL), Inc., Cordant Health Solutions, Legacy Medical Services, LLC, Omega Laboratories, Inc.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
123
Customization Available
Yes, the report can be customized as per your needs
Frequently Asked Questions
What is the growth rate of Drug Screening Market?
The Drug Screening Market is growing at a CAGR of 16.5% over the next 5 years.
Who are the key players in Drug Screening Market?
Quest Diagnostics Incorporated, Abbott Laboratories, Quidel Corporation, F. Hoffmann-La Roche, Thermo Fisher Scientific, Inc., Siemens Healthineers, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., LabCorp, Drägerwerk AG & CO. KGaA, Clinical Reference Laboratory (CRL), Inc., Cordant Health Solutions, Legacy Medical Services, LLC, Omega Laboratories, Inc.
What are the significant types of Drug Screening Market?
What are the major end-use applications of Drug Screening Market?
Hospitals, Research Institute, Biotechnology & Pharmaceutical Companies, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.