The global drugs of abuse testing services market size is expected to reach USD 3.92 billion by 2028 and register a CAGR of 5.5% according to the latest report by Reports and Data. Growing consumption of alcohol, illegal drugs, and recreational chemicals, increasing awareness about drug of abuse tests and their increasing usage for medical and legal purposes are key factors driving global market revenue growth.
Drugs of abuse (DOA) testing is a clinical detection method used for detecting one or more drugs by sample testing of various samples such as hair, blood, sweat, urine, and breath. Growing demand for drugs of abuse testing at public and private workplaces and availability of advanced drug abuse testing techniques are boosting global market growth. In addition, increasing government programs to overcome drug abuse, strict government regulations for illicit drug consumption, and rising investments by market players to develop sensitive drug testing kits to detect designer drugs are boosting market growth.
However, inability of some tests to detect low doses of designer drugs, legalization of illicit drugs in some countries, and absence of clear rules for workplace drugs of abuse testing are some factors that are expected to hamper growth of global drug of abuse testing services market to a certain extent over the forecast period.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Danaher Corporation, Siemens Healthineers AG, Drägerwerk AG & Co. KGaA, F. Hoffmann-La Roche Ltd, Quest Diagnostics Inc., LabCorp, Abbott Laboratories, and ThermoFisher Scientific Inc., Clinical Reference Laboratory (CRL), Inc., Legacy Medical Services, DrugScan, Omega Laboratories, Inc., Mayo Clinic Laboratories, Precision Diagnostics, American Substance Abuse Professionals (ASAP), Inc., United States Drug Testing Laboratories (USDTL), Inc. and LGC Group.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Drugs of Abuse Testing Services market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
On basis of product types and application offered by the Drugs of Abuse Testing Services industry, the market is segmented into:
Drug Type Outlook (Revenue, USD Billion, 2018 – 2028)
Product & Services Outlook (Revenue, USD Billion, 2018 – 2028)
Sample Type Outlook (Revenue, USD Billion, 2018 – 2028)
End-Use Outlook (Revenue, USD Billion, 2018 – 2028)
The regional analysis covers:
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