Growing Demand for Accurate Drug Screening Drives the Global Drugs of Abuse Testing Market

by John Paul

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Growing Demand for Accurate Drug Screening Drives the Global Drugs of Abuse Testing Market

  • Joined Mar 2023
  • Published Books 2

The Drugs of Abuse Testing Market is a rapidly growing industry that provides important insights into drug use patterns across different populations. Drugs of abuse testing is a crucial tool in the fields of forensic toxicology, workplace drug testing, and clinical toxicology, helping to identify the presence of drugs and their metabolites in various samples, such as urine, blood, and hair.

The market for drugs of abuse testing is driven by the increasing prevalence of drug abuse worldwide and the rising demand for drug screening in the workplace and healthcare settings. The development of advanced technologies such as immunoassays, chromatography, and mass spectrometry has significantly enhanced the accuracy and sensitivity of drug testing methods.

Market Insights

The Global Drugs of Abuse Testing Market is expected to grow from USD 3.1 billion in 2020 to USD 4.3 billion by 2026 at a CAGR of over 5.6% during the forecast period.

 

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Key Players

Key players operating in the global Drugs of abuse testing market are-

  • Abbott Laboratories (The US),
  • Quest Diagnostics (The US),
  • Siemens AG (Germany),
  • F. Hoffmann-La Roche AG (Switzerland),
  • Thermo Fisher Scientific, Inc. (The US),
  • Shimadzu Corporation, Express Diagnostics International Inc. (Japan),
  • Drägerwerk AG & Co. KGaA (Germany),
  • Laboratory Corporation of America Holdings (The US),
  • DANAHER CORPORATION (The US), and
  • BIO-RAD LABORATORIES INC. (The US).

 

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].

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