Drug abuse or substance abuse signifies the utilization of specific chemicals for the purpose of creating pleasurable effects on the brain. With increased people's inclination towards an unhealthy lifestyle, intake of alcohol and illicit drugs has grown. Diagnosing drug addiction in patients, the types of drug involved, evaluation of drug abuse are the thesis of the drug abuse testing market. Drugs of abuse testing is a clinical screening procedure to detect one or more illegal substances like drugs, chemicals to which the patient is addicted. This clinical screening test is performed on the patient's hair, saliva, urine, blood, or sweat by using various devices.
MARKET DYNAMICS
The increasing prevalence of chronic diseases, increasing illicit drugs, alcohol, tobacco consumption, and increased mental disorder cases due to high drug doses are factors expected to drive the global drugs of abuse testing devices market. Also, a rise in government initiatives to monitor and combat substance abuse, rapid technological advancements, and increasing drug-related mortality is expected to boost the market globally. Due to the Covid-19 situation, the drug abuse market saw a steadiness, the drug abuse screening tests were limited; hence, lesser demand for drug testing devices resulted in a standstill market growth. However, lack of awareness, inadequate infrastructure for providing drug testing devices, and low approach of laws regarding drug abuse testing in the developing and underdeveloped economies may hamper the market growth.
MARKET SCOPE
The "Drugs of Abuse Testing Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of drugs of abuse testing devices market with detailed market segmentation by type, application and end-user. The drugs of abuse testing devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in drugs of abuse testing devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The drugs of abuse testing devices market are segmented on the basis of type, application and end-user. On the basis of type, the market is segmented into immunoassay analyzers, chromatography instruments, and breathe analyzers. On the basis of application, the market is segmented as breath, urine, blood, and others. On the basis of end-users, the market is segmented as hospitals, diagnostics laboratories, forensic laboratories, drug rehabilitation centers, and government and private departments.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the drugs of abuse testing devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The drugs of abuse testing devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting drugs of abuse testing devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the drugs of abuse testing devices market in these regions.
MARKET PLAYERS
The report covers key developments in the drugs of abuse testing devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from drugs of abuse testing devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for drugs of abuse testing devices in the global market. Below mentioned is the list of few companies engaged in the drugs of abuse testing devices market.
The report also includes the profiles of key players in drugs of abuse testing devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Siemens Healthineers
-Thermo Fisher Scientific
-F. Hoffmann La-Roche Ltd
-Alere, Inc.
-Laboratory Corporation of America Holdings
-Shimadzu Corporation
-Draeger
-Express Diagnostics International
-Abbott Toxicology
-OraSure Technologies, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.