The global drug screening market is expected to grow at a CAGR of more than 10% over the forecast period. This growth is mainly attributed to rising consumption of alcohol & drugs. Along with this, stringent laws mandating alcohol & drug testing are anticipated to foster demand over the coming years. Increasing government initiatives to reduce the incidence of drug abuse at workplace is also projected to stimulate market growth.
Moreover, government regulations and programs in countries such as Malaysia, Iran, and Saudi Arabia are anticipated to augment the market growth over the coming years. However, absence of drug testing laws at workplace in certain regions coupled with ban on alcohol consumption in Islamic countries is projected to affect the profitability of market.
Drug Screening Market: Product & Services Insights
By product, the industry is segmented into analytical instruments, rapid test kits, and consumables. While the analytical instruments segment is further divided into immunoassay analyzer, breathalyzer and chromatography instruments, the rapid test device is segregated into urine testing devices and oral fluid testing devices.
The immunoassay analyzers segment is anticipated to witness a significant growth over the forecast period on account of it being an inexpensive and a convenient method to test a large number of samples in a variety of matrices.
Urine testing devices are also expected to grow significantly over the years owing to benefits such as non-invasive nature and low risk associated with sample testing.
Drug Screening Market: Sample Insights
By sample, the industry is segmented into Urine, Breath, Hair and Oral samples among others. The urine segment is projected to hold the largest share of the industry as they contain secreted metabolites and can be used to detect the presence of drugs. Oral fluid samples are anticipated to grow at the highest CAGR over the forecast period.
Drug Screening Market: Vertical Insights
On the basis of vertical, the market is segmented into workplace, criminal justice & law enforcement agencies, drug treatment centers, pain management centers, schools & colleges, hospitals, drug testing laboratories, individual users. Out of these, workplace testing segment is anticipated to record the highest growth rate over the forecast period on account of growing popularity of drug screening by various organizations globally. Along with this, growing safety concerns in workplace are also expected to favor the sector.
Drug Screening Market: Regional Insights
North America accounted for the largest market share of this market in 2016. This can be attributed to increasing consumption of alcohol & drugs coupled with increasing adoption of drug screening at workplace. Along with this, the increase in number of government initiatives and toxicological laboratories is also expected to stimulate market growth in this region. Asia Pacific is projected to grow at a high CAGR on account of large number of cancer patients coupled with development of advanced drug & alcohol screening devices and awareness about the importance of drug screening. Demand is expected to rise from Hong Kong, Indonesia, Thailand and China.
Drug Screening Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Drug Screening Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase drug screening over the coming years. Some leading consumers of this market are McKesson and United Health among others.
Drug Screening Market Share & Competitor Analysis
The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Alfa Scientific Designs, Alere, Thermo Fisher Scientific, OraSure, Lifeloc, MPD, Inc., Premier Biotech, Roche, LabCorp, Dragerwerk, Quest Diagnostics, Omega Laboratories, Psychemedics, Siemens Healthineers, CRL, and Shimadzu.
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