LONDON, Sept. 8, 2016 /PRNewswire/ -- The global drug of
abuse testing market accounted for $4,407.8
million in 2015 and it is expected to grow at a CAGR of 9.6%
during 2016-2022. Between the two products, the consumable segment
held the larger share(56%) in the global market in 2015. Among the
various sample types, the urine testing segment held the largest
share; while, the hospital segment held the largest share among the
various end-users in the global market in 2015. The global drug of
abuse testing market is witnessing high growth,due to increased
availability of drugs, increased consumption, increased drug of
abuse testing at organizational levels, and efforts to decrease the
road accidents caused by of the consumption of drugs.
The increased production and trafficking of illegal drugs is one of
the major factors leading to increased demand for drug of abuse
testing. This is also responsible for increased drug-related death
and accidents and loss of productivity at work. According to United
Nations (UN) publication, approximately 200,000 people die every
year, due to drug of abuse related death. The increased utilization
of drug of abuse testing may prevent such incidents by increased
monitoring of people consuming illicit drug.
In addition, increasing alcohol consumption and increased number of
road accident due to drunk driving are leading to increased road
accidents. According to Centers for Disease Control and Prevention
publication, alcohol related accidents accounts for approximately
one-third of all traffic related deaths, while driving under the
influence of alcohol or drugs has led to approximately 1.1 million
arrests in 2014 in the U.S. The potential mishaps due to alcohol
consumption can be checked, and improved road traffic safety can be
achieved by increased utilization of breath analyzer. Moreover,
according to National Institute of Alcohol Abuse and Alcoholism
publication, approximately 87.6% people aged 18 years or older
consumed alcohol at some point in lifetime in the U.S. The
increased utilization of breath analyzers are expected to increase
identification, monitoring and prevention of potential mishaps
caused by alcohol consumption.
An emphasis is being laid on workplace safety, in order to increase
safety and productivity of the employees across the globe. In
addition, the global increase in road accidents and death rates,due
to drugs consumption is expected to increase the demand of drug of
abuse testing, which will help in reducing the potential number of
incidences and loss of life.The technological advancements are also
being used for the development of drug of abuse testing products,
and improving their analytical capabilities.
The restraints associated with the growth of the global drug of
abuse testing market include the legalization of drugs, social
issues associated with drug of abuse testing, and inability to
detect low–dose designer drugs. Legalization of drugs has taken
place in some countries, due to which, it will affect the
associated products for drug of abuse testing. The presence of
positive results during drug of abuse testing is considered as
social stigma, and it may lead to professional repercussions. The
inability of testing devices to detect low–dose designer drugs
leads to potential chances of mishap and allow people to continue
their consumption.
Some of the key companies operating in the global drug of abuse
testing market include Siemens HealthcareAG,, F. Hoffmann-La Roche
Ltd., Millipore Sigma, Danaher Corporation, Alere Inc., Abbott
Laboratories, Drägerwerk AG & Co. KGAA, Express Diagnostics
Int'l, Inc. Shimadzu Corporation, Waters Corporation, bioMérieux
SA, Quest Diagnostics Inc., Laboratory Corporation of America
Holdings, Randox Laboratories Ltd., Psychemedics Corporation, Sonic
Healthcare Ltd. Thermo Fisher Scientific Inc., and Bio-Rad
Laboratories.
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