Drug of Abuse Testing Market Leading Competitor Analysis, Top Trends, Major Vendors, Application and Outlook till 2020


Posted October 19, 2018 by Sumaiya113

This MRFR Market Perspective Examines the Historical Trends and Current Scenario of the “Global Drug of Abuse Testing Market” to Deliver a Highly Pertinent Growth Forecast. 
 
Global Drug of Abuse Testing Market - Overview

Globally the market for drug of abuse testing is expected to grow at 5.3% GAGR from 2016 to 2020. The use of illicit drugs is rising every year globally and has become a big concern for countries including the U.S., the U.K. Japan, Germany, India and China. Illicit drugs in use include heroin, cannabis, cocaine, ecstasy and amphetamine.

Global cocaine seizures increased to 671 tons in 2012, compared with the 634 tons seized in 2011. The main increase in the quantities of cocaine seized was in South America and Western and Central Europe. Some of the new psychoactive substances (NPS) like, phenethylamines, ketamine, piperazine and tryptamines, are also being used widely in the drug market.

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Global Drug of Abuse Testing Market – Industry Updates

In November 2017, Thermo Fisher Scientific announced the newest library update for the Thermo Scientific TruNarc handheld narcotics analyser which can now detect Carfentanil. As part of the software update, the TruNarc analyzer adds 45 new substances, including 14 new forms of fentanyl, to its onboard library.

In August 2016, Thermo Fisher Scientific announced that a new immunoassay for the specific detection of hydrocodone has received 510 (k) clearance from the U.S. Food and Drug Administration (FDA).

Competitive Dashboard:

Roche Holding Limited

Quest Diagnostics

Laboratory Corporation of America Holdings

Alere

Abbott Laboratories

Randox Laboratories

Psychemedics Corporation

And more.

Drug of Abuse Testing Market - Regional Analysis

In North America, the usage of cocaine has been declining since 2006, partly due to a sustained shortage. However, more recently, a slight increase in prevalence of cocaine has been observed in the U.S., as there has been an increase in maritime seizures.

In Europe, cannabis is by far the most commonly consumed illicit substance, with an estimated 24 million users (4.3% of those aged 15 years to 64 years), followed by cocaine with 3.7 million users in 2013.

In Europe, the market has changed over the past decade, with cannabis herb produced locally or regionally now gaining ground over cannabis resin, largely sourced from Morocco, which previously was the dominant cannabis substance in Europe.

It appears that the flow of heroin along the long-established Balkan route, from Afghanistan to Western and Central Europe via Iran and Turkey, has declined in recent years. Some of the factors contributing to the decline in seizures along this route include the success of law enforcement authorities in key transit countries and a decline in demand in the destination market.

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Drug of Abuse Testing Market - Segments

Global drug of abuse testing market is mainly segmented into test type and samples. Furthermore the test type is segmented into onsite screening test and laboratory drug testing. On the bases of samples the market is segmented into urine, hair, saliva and others.

Major TOC of Drug of Abuse Testing Market Research Report- Global Forecast to 2020:

1 Research Scope & Methodology

2 Executive Summary

3 Market Outlook

4 Global Market Size & Forecast (2011-2020)

5 Global Market Breakdown by Type of Test

6 Global Market Breakdown by Sample

7 Global Market Breakdown by Region

8 Competitive Analysis and Market Share

9 Company Profiles

10 Appendix

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Issued By Market Research Future
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Country India
Categories Biotech
Last Updated October 19, 2018