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Drug Screening Market: The dynamics of Developed & Developing Countries Growth Speed Up|
Posted: May 16, 2020
Drug Screening Market taking under consideration the expansion factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Drug Screening market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. Few of the major competitors currently working in the drug screening market are Siemens Healthcare GmbH (Germany), Quest Diagnostics Incorporated (U.S.), Alere (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Laboratory Corporation of America Holdings (U.S.), Abbott (U.S.),Hoffmann -La Roche Ltd(Switzerland), BioMerieux SA (France), Express Diagnostics Int’l, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Germany), Bio-Rad Laboratories Inc. (U.S), Biomedical Diagnostics (Belgium), CannAmm (Cannada), MPD, Inc. (U.S.), Danaher (U.S.), Synergy Health plc.(U.K), Agilent Technologies (U.S), Shimadzu Medical Pvt. Ltd. (Japan) and few among others.
Global Drug Screening Market is expected to rise gradually to an estimated value of USD 19.03 billion by 2026, registering a CAGR of 12.9% in the forecast period of 2019-2026 with the annual sales of USD 7.21 billion in the year 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of people.
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By Products and Services [Equipment (Immunoassay Analyzers, Chromatography Instruments, and Breath Analyzers {Semiconductor Breath Analyzers and Fuel Cell Analyzers}, Rapid Testing Devices(RTD) {Oral Fluid Testing Devices and Urine Testing Devices}), Consumables {Assay Kits, Calibrators & Controls, and Sample Collection Cups} and Laboratory Services], Sample Type (Urine, Breath, Saliva, Hair, Blood, Skin, Sweat), End User (Workplace & Schools, Criminal Justice Systems & Law Enforcement Agencies, Drug Testing Laboratories, Drug Treatment Centers, Hospitals, Personal Users, and Pain Management Centers
According to World Health Organization, there were an estimated 3.3 million people died due to harmful effects of only alcohol, almost more than half of these deaths could have been avoided with the development, organization, monitoring and evaluation of treatment and other services. This significant number is expected to act as a driver to the market growth.
Market Drivers
Increasing government funding and initiatives for drug testing.
Rising awareness on drug screening policy
Growing alcohol and drug abuse in developing countries.
Market Restraints
In some countries drug testing is considered as a violation of privacy rights.
Accuracy issues with the breathalyzers.
Table of Contents
- Market Overview
- Manufacturers Profiles
- Global Drug Screening Market Competitions, by Manufacturer
- Global Drug Screening Market Analyses by Regions
- North America Drug Screening by Countries
- Europe Drug Screening by Countries
- Asia-Pacific Drug Screening by Countries
- South America Drug Screening by Countries
- Middle East and Africa Drug Screening by Countries
- Global Drug Screening Market Segment by Type
- Global Drug Screening Market Segment by Application
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
Important Features that are under offering & key highlights of the report:
- Detailed overview of Drug Screening market
- In-depth market segmentation by Type, Application etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Drug Screening market
- Strategies of key players and product offerings
- Market player’s information to sustain and enhance their footprint
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Drug Screening market performance
- Changing market dynamics of the industry
Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Drug Screening market?
- What are the key concerns of the five forces analysis of the Global Drug Screening market?
- What are different prospects and threats faced by the dealers in the Global Drug Screening market?
- What are the strengths and weaknesses of the key vendors?
Reasons for Buying this Drug Screening Report
- Drug Screening market report aids in understanding the crucial product segments and their perspective.
- Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Drug Screening industry.
- Even the Drug Screening economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
- This report provides a more rapid standpoint on various driving facets or controlling Drug Screening promote advantage.
- This worldwide Drug Screening report provides a pinpoint test for shifting dynamics that are competitive.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster