As per the findings of the research, consumables held the
larger share in the drug of abuse testing market in 2016, since consumable are
easily available for use and provide rapid test results when compared to
equipment. Rapid test kits are used at a large scale and its consumption is
expected to increase at faster rate during the forecast period, since they are
easy to use and provide result in a short span of time, as compared to assay
kits & reagents.
Explore report sample at: https://www.psmarketresearch.com/market-analysis/drug-of-abuse-testing/report-sample
The key players in the drug of abuse testing market provide
equipment such as immunoassay analyzers, chromatographic analyzers and breath
analyzers. Among all the equipment, breath analyzers market size is projected
to grow at the fastest rate, with a CAGR of 9.5% during the forecast period
since they can detect the presence of drugs and alcohol in the breath easily in
a short span of time, and are less expensive than other analyzers.
Geographically,
North America has been the largest drug of abuse testing market, with the U.S.
being the larger contributor to the regional market, as compared to rest of
North America. The leading position of the North American market is mainly due
to the increased availability of illicit drugs, rising workplace monitoring for
consumption of illicit drugs and increased drug trafficking in the region. According
to National Institute on Drug Abuse (NIDA), in 2013, an estimated 24.6 million
Americans aged 12 years or above, constituting approximately 9.4% of the total
population, had used an illicit drug, which was an increase of 8.3% from 2002.
The increase was mainly due to rise in the use of marijuana, the most commonly
used illicit drug.
Browse report at: https://www.psmarketresearch.com/market-analysis/drug-of-abuse-testing
Some
of the key players operating in the drug of abuse testing market include
Danaher Corporation, Siemens AG, Merck KGaA, Drägerwerk AG & Co. KGaA,
Express Diagnostics Int'l, Inc., bioMérieux S.A., Waters Corporation, Roche
Holding AG, Quest Diagnostics Inc., Laboratory Corporation of America Holdings,
Alere Inc., Abbott Laboratories, Randox Laboratories Ltd., Psychemedics
Corporation, Bio-Rad Laboratories, Inc., Sonic Healthcare Ltd., and
ThermoFisher Scientific Inc.
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