16th November,
2018- Drug
Screening Market is expected to grow at a significant CAGR in
the upcoming years as the scope and its applications are increasing across the
globe. The factors that propel the growth of the market include increasing
demand, rapid urbanization & industrialization, and product development
& technological innovations. In addition, some of the key factors that fuel
the market growth include implementation of strict laws mandating drug and
alcohol testing, rise in disposable income, increasing drug & alcohol
consumption, and regulatory approvals & product launches and services.
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On the other hand, there are
also factors that may hamper the growth of the Drug Screening Market such as
prohibition on alcohol consumption in many Islamic countries. The market is
classified on the basis of product & services, sample type, end users, and
geography. Drug Screening Industry is categorized by product & services as
Analytical Instruments, Rapid Testing Devices, Consumables and Drug Screening
Services. Analytical Instruments segment consists of Chromatography
Instruments, Immunoanalyzers and Breathalyzers (Fuel-cell breathalyzer,
Semi-conductor breathalyzer and other breathalyzers).
Rapid Testing Devices segment
consists of Dip cards, Drug Testing Cassettes, Drug testing cups, Oral Fluid
Testing Devices, Urine testing device, and others. Consumables segment consists
of Assay Kits, Calibrators & Controls, Sample Collection devices, and other
consumables. Among products, Breathalyzers segment is projected to account a
dominant share in the industry. Drug Screening Market is segmented by sample
type as Breath, Hair, Oral Fluid, Urine and others. Among sample type, oral
fluid segment is expected to hold a large share in the Drug Screening Industry.
Drug Screening Market is
classified by end users as Criminal Justice Systems and Law Enforcement
Agencies, Drug Treatment Centers, Drug testing laboratories, Hospitals,
Individual users, Pain Management Centers, Schools and Colleges, Workplace, and
others. The market is classified on the basis of geography as North America,
Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle
East and Africa.
In case of geographical
region, North America is projected to hold a major share in the Drug Screening
Market. The key factors that attribute to the growth of this region include
presence of key players, technological innovations and laws supporting drug
screening. However, Asia Pacific is expected to display high growth rates in
the Drug Screening Market. Factors such as rise in disposable income, large
young population base, increasing consumption of alcohol and illicit drugs, and
rising number of drunk-driving cases positively influence the growth of this
region.
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