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Global Drug Of Abuse (DOA) Testing Market Analysis And Forecast To 2023 - Research And Markets

Dec 20, 2017

Due to increasing consumption of illicit drugs and consecutive initiatives taken by government and other organizations for reducing drug abuse levels are making the organizations aware regarding the need for drug of abuse testing. Other than that, the rise in road accidents and death rates, increased use of drug of abuse testing at organizational level and increased production and trade of illicit drugs worldwide are also the driving the demand for drug of abuse testing products.

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.

The key players in the drug of abuse testing industry 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.