Global Drug of Abuse Testing Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

Industry : Healthcare Date : June 13th, 2018
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The global drug of abuse testing market is expected to increase from USD 4,924.5 million in 2016, to USD 8,895.3 million in 2023, at a CAGR of 8.8% from 2017 to 2023. The global drug of abuse testing market is mainly driven by strict government norms against illicit drug intake due to rising instances of drug abuse globally. Moreover, variety of employment-related drug and alcohol tests used by employers, to make workplace safer and more productive is also a key component of market growth. The years used for the assessment are as follows;

  • Historical year   : 2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total global drug of abuse testing market and its various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global drug of abuse testing market.
  • Finalizing the overall size and share for the global drug of abuse testing market.

OBJECTIVES:

  • To classify global drug of abuse testing market into segments on the basis of product type, sample type, applications, end-users, and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the drug of abuse testing market.
  •  Profiling key companies operating in the global drug of abuse testing market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for drug of abuse testing market is as follows:

By Product Type 

  • Equipment
  • Consumables

 By Sample Type

  • Urine
  • Saliva
  • Hair
  • Breath
  • Blood

By Application

  • Pain management
  • Criminal Justice
  • Workplace Screening

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

The global drug of abuse testing market is projected to grow from USD 4,924.5 million in 2016, to USD 8,895.3 million in 2023, at a CAGR of 8.8% during 2017 to 2023. The drug of abuse testing market is mainly driven by strict government norms against illicit drug intake due to rising instances of drug abuse globally. Moreover, variety of employment-related drug and alcohol tests used by employers, to make workplace safer and more productive is also a key component of market growth. In addition, technological advances in testing equipments, which can now quickly and more accurately, detect a range of drugs, are also boosting the growth of the global drug of abuse testing market. However, lack of skilled technicians and legalisation of drugs in some regions, are the restraints to the market growth.

The consumable product segment holds the largest share of the drug of abuse testing market and is expected to grow at the highest CAGR during 2017-2023. On the basis of sample type, the drug of abuse market is bifurcated into urine, saliva, hair, breath and blood. The urine sample segment is expected to show highest CAGR during the forecast period due to ease of handling and high affordability of the test kits.

Geographically, North America holds the largest share with 46% of the global drug of abuse testing market. However, the Asia-Pacific region is expected to witness fastest CAGR during the forecast period, due to increasing drug addiction in the region.

Some of the key companies operating in the global drug of abuse testing market include Alere, Inc, Abbott Laboratories, Roche Diagnostics, Quest Diagnostics, Thermo Fisher Scientific, Inc., Biomedical Diagnostics, Randox Laboratories Ltd, BioMerieux, Bio-Rad, Beckman Coulter, among others

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Product Type

1.2.2. Market Breakdown, By Sample Type

1.2.3. Market Breakdown, By Application

1.2.4. Market Breakdown, By End Users

1.2.5. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

2.2.2.1. Increasing number of organizations conducting workplace screening across the globe

        2.2.3. Trends

2.2.3.1. Increasing acceptance of alternate test matrices other than urine

       2.2.4. Growth Drivers

2.2.4.1. Strict government norms against illicit drug intake

2.2.4.2. Technological advances in testing equipments

     2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

     2.2.6. Restraints of the Market

      2.2.6.1. Lack of skilled technicians

      2.2.6.2. Legalization of drugs

   2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regional Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. Global Drug of Abuse Testing Market Size and Forecast (2013 – 2023)

4.1. The Global Drug of Abuse Testing, By Product Type

4.1.1. Equipment

4.1.1.1. Immunoassay Analysers

        4.1.1.2. Chromatography Instruments

        4.1.1.3. Breath Analysers

     4.1.2. Consumables

4.1.2.1. Assay kits

4.1.2.2. Rapid Test Kits

4.1.2.3. Others

4.2. Global Drug of Abuse Testing, By Sample Type

4.2.1. Urine

4.2.2. Saliva

4.2.3. Hair

4.2.4. Breath

4.2.5. Blood

4.3. Global Drug of Abuse Testing Market, By Application

        4.3.1. Pain management

4.3.2. Criminal Justice

4.3.3. Workplace Screening

4.4. Global Drug of Abuse Testing Market, By End User

4.4.1. Hospitals

4.4.2. Laboratory

4.4.3. Workplace

4.4.4. At Home

4.5. Global Drug of Abuse Testing Market, By Region

4.5.1. North America

4.5.2. Europe

4.5.3. Asia-Pacific

4.5.4. Rest of the World(RoW)

CHAPTER 5. Global Drug of Abuse Testing Market, By Geography

5.1. North America Drug of Abuse Testing Market

5.1.1. North America Drug of Abuse Testing Market, By Product Type

5.1.2. North America Drug of Abuse Testing Market, By Sample Type

5.1.3. North America Drug of Abuse Testing Market, By Application

5.1.4. North America Drug of Abuse Testing Market, By End Users

5.1.5. North America Drug of Abuse Testing Market, By Country

5.1.5.1. The U.S

       5.1.5.2. Canada

5.2. Europe Drug of Abuse Testing Market

5.2.1. Europe Drug of Abuse Testing Market, By Product Type

5.2.2. Europe Drug of Abuse Testing Market, By Sample Type

5.2.3. Europe Drug of Abuse Testing Market, By Application

5.2.4. Europe Drug of Abuse Testing Market, By End Users

5.2.5. Europe Drug of Abuse Testing Market, By Country

5.2.5.1. Germany

        5.2.5.2. France

        5.2.5.3. The U.K.

        5.2.5.4. Italy

        5.2.5.5. Spain

        5.2.5.6. Rest of Europe

5.3. Asia-Pacific Drug of Abuse Testing Market

5.3.1. Asia-Pacific Drug of Abuse Testing Market, By Product Type

5.3.2. Asia-Pacific Drug of Abuse Testing Market, By Sample Type

5.3.3. Asia-Pacific Drug of Abuse Testing Market, By Application

5.3.4. Asia-Pacific Drug of Abuse Testing Market, By End Users

5.3.5. Asia-Pacific Drug of Abuse Testing Market, By Country

5.3.5.1. China

        5.3.5.2. Japan

        5.3.5.3. India

        5.3.5.4. Rest of Asia-Pacific

5.4. Rest of the World (RoW) Drug of Abuse Testing Market

5.4.1. Rest of the World (RoW) Drug of Abuse Testing Market, By Product Type

5.4.2. Rest of the World (RoW) Drug of Abuse Testing Market, By Sample Type

5.4.3. Rest of the World (RoW) Drug of Abuse Testing Market, By Application

5.4.4. Rest of the World (RoW) Drug of Abuse Testing Market, By End Users

5.4.5. Rest of the World (RoW) Drug of Abuse Testing Market, By Country

5.4.5.1. Brazil

        5.4.5.2. South Africa

        5.4.5.3. Rest of RoW

CHAPTER 6. COMPETITIVE ANALYSIS

6.1. Porters Five Forces Analysis

6.1.1. Bargaining Power of Buyers

6.1.2. Bargaining Power of Suppliers

6.1.3. Threat of New Entrants

6.1.4. Intensity of Rivalry

6.1.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Alere, Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Abbott Laboratories

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Roche Diagnostics

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Quest Diagnostics

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Thermo Fisher Scientific, Inc.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Biomedical Diagnostics.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Randox Laboratories Ltd

        7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. BioMerieux

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Bio-Rad

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Beckman Coulter

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

CHAPTER 8. RESEARCH APPROACH

8.1. Initial Data Search

8.2. Secondary Research

8.3. Primary Research

8.4. Scope and Assumptions

Global Drug of Abuse Testing Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023