Drug Screening Market  Industry Outlook, Size, Growth Factors and Forecast 2029

Posted January 2, 2023 by SANDHYARANI

If false-positive immunoassay findings are not validated by secondary analysis, such as gas chromatography-mass spectrometry, they might have major medical or societal ramifications.
Drug Screening Market is expected to be 35% during the forecast period and the market size is expected to reach nearly US$ 44.13 Bn by 2027.

Drug Screening Market Overview:

For the global industry’s Drug Screening market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.

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Market Scope:

Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic data.

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Urine screening may detect amphetamines or methamphetamines, barbiturates, benzodiazepines, cocaine, marijuana, MDA-analogues (MDA or MDMA), opiates (codeine, morphine, 6-acetylmorphine [indicative of heroin use], hydromorphone, hydrocodone, oxymorphone, and oxycodone), nicotine, or alcohol. Urine testing has a shorter window of detection when compared to other types, such as the relatively more expensive hair drug test. In urine testing, illicit drugs can be detected for five to ten days, but hair drug tests can identify drug or alcohol usage for up to 90 days. However, adulteration in urine samples is becoming increasingly widespread, resulting in a false-negative test result, which can have a detrimental influence on market growth. If false-positive immunoassay findings are not validated by secondary analysis, such as gas chromatography-mass spectrometry, they might have major medical or societal ramifications.

Key Players:

• LabCorp (US)
• Quest Diagnostics (US)
• Abbott Laboratories (US)
• Thermo Fisher Scientific, Inc. (US)
• Alfa Scientific Designs, Inc. (US)
• OraSure Technologies, Inc. (US)
• Siemens Healthineers (Germany)
• Roche (Switzerland)
• MPD Inc. (US)

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Regional Analysis:

A country-level study of the Drug Screening Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Drug Screening Market study.

COVID-19 Impact Analysis on Drug Screening Market:

The study investigates macroeconomic data, market trends, underlying variables, and market attractiveness by segment. COVID-19 (Corona Virus) has an influence on the product industry chain, encompassing upstream and downstream markets, regions, and nations, as well as the future growth of the industry.

Key Questions Answered in the Drug Screening Market Report are:

Which are the major players in the Drug Screening market?
What key trends are likely to emerge in the Drug Screening market in the coming years?
What will be the Drug Screening market size by 2027?
Which company held the largest share in the Drug Screening market?
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Issued By sandhayrani
Country India
Categories Marketing , Media , Research
Tags drug screening market
Last Updated January 2, 2023