Drug of Abuse Testing Market Size, Trends, Applications, and Industry Strategies
The rising production and consumption of designer drugs has pushed up the requirement for advanced drug testing methods that reduce the testing time, enhance the sensitivity, and facilitate the detection of modern designer drugs. Furthermore, the growing utilization of drug of abuse tests for medicinal and legal purposes has boosted the demand for accurate testing methods. Due to these factors, the global drug of abuse testing market will register stable growth in the future years.
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The increasing production and trade of illegal drugs all over the world is a major factor fueling the advancement of the market. Drug consumption is one of the biggest factors responsible for road accidents in several countries. Besides this, drug consumption is also pushing up the death rate in many countries. As a result, many governments, NGOs, and regulatory authorities are increasingly taking initiatives for controlling drug usage and reducing drug abuse, especially among young people.
Depending on product, the drug of abuse testing market is divided into consumable and equipment. Between them, the consumable category recorded considerably high growth in the market in the years gone by, on account of the fact that consumables are easily available and provide test results in a shorter period of time than equipment. Moreover, with the rising requirement for faster drug testing, the usage of rapid test kits would rise enormously in the coming years.
The equipment category, on the other hand, is divided into chromatography instruments, immunoassay analyzers, and breath analyzers. Out of these, the immunoassay analyzers division registered huge expansion in the drug of abuse testing market in the last few years. This was because of the large-scale usage of these devices, on account of their affordable costs and their ability to provide greater convenience in screening huge volumes of samples in various matrices in comparison to the other devices.
However, despite these factors, the breath analyzers will exhibit a faster growth in the market in the near future. According to the forecast of P&S Intelligence, a market research company based in India, the drug of abuse testing market would demonstrate rapid advancement in the Asia-Pacific (APAC) region in the upcoming years, because of the rising consumption of illegal drugs and the increasing implementation of strict testing protocols in workplaces in the region.
As per a report produced by the Australian Criminal Intelligence Commission (ACIC), police agencies made as many as 115,421 illegal drug seizures in 2017. The total weight of the seized drugs was 21 tons. Due to the rising trade and consumption of illegal drugs, the number of arrests for the consumption and possession of illegal drugs grew by as much as 87.6%, from 82,389 in 2006-07 to 154,538 during 2015-16.
Therefore, it can be said with full surety that the market will exhibit stable growth all over the world in the upcoming years, primarily because of the rising consumption of illegal drugs, increasing production of new designer drugs, and the growing requirement for advanced drug testing methods around the world.