- On-site Testing
- Mass Spectrometry
Drug Abuse Testing (DAT) Market size is valued at USD 2332.84 million in 2021 and is expected to reach USD 2934.80 million by 2028, at a CAGR of 3.9% during the forecast period 2022-2028. testing for drug abuse Urine, hair, oral fluid, breath, and others are all types of market analysis. To keep up with the continual surge in novel chemicals being abused, alternate matrices, and market demands, commercial drug abuse testing techniques have undergone significant modification in recent years. A drug abuse test is a non-invasive technological analysis of biological samples such as blood, hair, urine, and other bodily fluids to detect the presence of illegal or prescription drugs, as well as their metabolites. Urine testing is the most commonly utilised sample type for evaluating drugs of abuse. Drug testing is an important complement to clinical care and substance abuse. Sports organisations, employers, forensic objectives, and a variety of other applications are increasingly using drug testing. this report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Fastest Growing Market
One of the key drivers for the drug abuse testing industry is the increase in the number of people who consume alcohol and illicit drugs such as marijuana, cocaine, and others. Furthermore, technological improvements in drug screening/testing equipment, as well as severe government regulations requiring drug screening, are propelling the market forward. However, in some countries, a lack of awareness and the perception of drug testing as a violation of personal rights limits the growth of the worldwide drug misuse testing market. Emerging markets such as Asia-Pacific and Latin America and the Caribbean (LAMEA) offer significant potential for the drug misuse testing business to expand.
The Drug Abuse Testing Market is projected to expand at a CAGR of 3.9% during the forecast period.
Abbott Laboratories, Danaher Corporation (Beckman Coulter), LabCorp, Dragerwerk AG & Co. KGaA, Quest Diagnostics Inc.
Europe is the fastest-growing region for Drug Abuse Testing Market