Drug and Alcohol Screening Market - Forecasts from 2019 to 2024
Drug and alcohol screening test mainly analyzes biological samples such as urine, blood and hair to diagnose the presence of drug. The rise in alcohol consumption, overuse of prescribed drugs, the rise in usage of narcotics and illicit drugs are driving the global drug and alcohol screening market. The drug and alcohol screening market is expected to reach US$XX.XX billion in 2024 from US$XX.XX billion in 2018 with CAGR of XX.XX%.
The enforcement of strict laws and regulation in various countries and financial support from government are the key growth factors of drug and alcohol screening market. Rise in alcohol and drug abuse, growing knowledge and awareness among developing countries, growing ageing population and competition among leading manufacturers in drug and alcohol screening market for innovative products are the reason for the increasing demand for drug and alcohol screening. Technological advancement are expected to boost the market over the world for the forcasted period. The ban on alcohol and drug consumption in some countries and accuracy issues in testing instruments are hindering the growth of the market in the coming years.
In terms of region, global drug and alcohol screening market has been classified into North America, South America, Middle East and Africa, Europe and Asia-Pacific. Government policies towards drug usage are helping to grow more in North America. Asia-Pacific region is going to be new hub for exporting dug screening instruments. Companies like, Alere Inc has started it’s operation in India in 2016.
Key players operating in global drug and alcohol screening market are Abbott Laboratories, Thermo Fisher Scientific, Alere Inc, Quest Diagnostics, and OraSure Technologies, among others.
The drug and alcohol screening market has been analyzed through the following segments:
By Sample Type
Hospitals and Treatment Facilities
Law and Enforcement
United States of America
Middle East and Africa
United Arab Emirates
Key insights offered
What will be the drug and alcohol screening market size from 2019 to 2025?
How are the major drivers and restraints affecting the global drug and alcohol screening market?
The Drug and alcohol screening market growth and the opportunities which exist for key vendors?
Which segment and region will lead the global drug and alcohol screening market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour in the drug and alcohol screening market .
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth for the drug and alcohol screening market.
Thermo Fisher Scientific
Omega Laboratories Ltd
Express Diagnostics International Inc.