Global Drug Abuse Testing / Screening market report just published by Credence Research Inc.

The purpose of the report is to illustrate the state of the market of Drug Abuse Testing / Screening, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

The American Society of Addiction Medicine (ASAM) suggests that, the most important contribution of the scientific study of addiction in the last half century has been the new understanding of the neurobiology of brain reward. In addition, the article titled “An Overview of Present and Future Drug Testing”, authored by David M. Martin and published in The Journal of Global Drug Policy and Practice explains that, over the past 30 years drug testing has evolved from a series of obscure laboratory tests to a multibillion dollar global industry that is constantly observed in day to day life.

Browse here for full report with Toc: https://www.credenceresearch.com/report/drug-of-abuse-testing-screening-market

Drug of abuse testing is related to diagnosis of drug addiction that requires a thorough evaluation and mainly comprises assessment by a psychiatrist, a psychologist, or a licensed alcohol and drug counselor. The samples used for drug testing are blood, oral fluids, urine or others. The testing technologies consist of immunoassay technique and chromatography technique, used for both onsite as well as laboratory testing. On the basis of type of location, the market is segmented into laboratory-based screening and onsite screening. Laboratory based tests requires skilled and trained personnel for providing detailed analysis. Whereas, onsite drugs of abuse testing provide immediate results. The key factors assisting the growth of drug of abuse testing market are globally rising consumption of illicit drugs, adoption of drug of abuse (DOA) testing at organizational level, increased production of illicit drugs and their trade and increasing death rates/road accidents due to drug abuse.

Market Competition Assessment

The drug of abuse testing or screening market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Roche Holding Limited, Quest Diagnostics, Laboratory Corporation of America Holdings, Alere, Inc., Abbott Laboratories, Randox laboratories, Psychemedics Corporation, Bio-Rad Laboratories, Sonic Healthcare and Thermo Fisher Scientific.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Drug Abuse Testing / Screening buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

[The report is originally published on Credence Research Inc.]

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Drug Abuse Testing / Screening contains:

Analysis and forecast of Drug Abuse Testing / Screening market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Drug Abuse Testing / Screening market;

Assessment and forecast of Drug Abuse Testing / Screening market development;

Financial and business profiles of the leading companies in the Drug Abuse Testing / Screening industry.

Scope

– Up to date working Drug Abuse Testing / Screening data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Drug Abuse Testing / Screening for the period 2018 to 2026

– Planned Drug Abuse Testing / Screening additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Drug Abuse Testing / Screening projects by region, key countries, and companies

– Details of major planned Drug Abuse Testing / Screening projects in the world up to 2026

Browse here for full report with Toc: https://www.credenceresearch.com/report/drug-of-abuse-testing-screening-market

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/57815

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