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    Drug Screening Market Report

    Drug Screening Market Report
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    Global Drug Screening Market, , Dynamics and Market Analysis
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    Impact of COVID-19 on Drug Screening Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Drug Screening Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Drug Screening Market is estimated to grow from USD 4.4 billion in 2020 to USD 11.1 billion by 2026 at a healthy CAGR of 17% during the forecast period.

    Figure: Global Drug Screening Market Size, 2020-2026 (USD Billion)

    Drug-Screening-Market-Forecast

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    What is Drug screening?

    Drug screening is defined as the process of collecting and analysing blood, hair, urine, or saliva to detect the presence of contaminants and chemicals left in the body as a result of drug consumption. In this process, potential drugs are identified and optimized before selecting a candidate drug for a clinical trial. Drug screening is done in order to determine if a person is or has consumed drugs at a certain point of time.

    Key Players

    Key players operating in the global Drug screening market are-

    • Alere Inc. (The U.S),
    • Laboratory Corporation of America Holdings (The U.S),
    • OraSure Technologies (The U.S),
    • Quest Diagnostics (The U.S),
    • Thermo Fisher Scientific (The U.S),
    • Alfa Scientific Designs, Inc. (The U.S),
    • MPD Inc. (The U.S),
    • Lifeloc Technologies, Inc. (The U.S),
    • Omega Laboratories Inc. (The U.S),
    • Sciteck Diagnostics Inc (The U.S),
    • ACM GLOBAL LABORATORIES (The U.S), and
    • Carehealth America Corporation (The U.S).

    Market Dynamics

    Increasing drug and alcohol testing measures in various countries to curb the menace of drug and alcohol abuse is likely to drive the market growth significantly.

    • The global market growth is primarily driven by an increase in consumption of drugs and alcohol across the geographies particularly among the youth and elder population.
    • The players operating in the market are emphasizing product innovation to strengthen their market presence and attain a competitive edge over other market players.

    Segment Analysis

    End User Trends

    The workplace segment accounted for the largest market share in 2020.

    Based on end user, the market has been divided into workplace, criminal justice systems and law enforcement agencies, drug treatment centers, pain management centers, drug testing laboratories and others. The segment growth can be attributed to rising safety concern for the staff.

    Regional Trends

    The market in North America accounted for the largest share in 2020 due to the high consumption of drugs and alcohol. Additionally, supporting government measures to curb the use of drugs is likely to add significantly to the market growth. The market in Europe accounted for the second-largest market share in 2020.

    COVID-19 Impact on Global Drug Screening Market

    The covid-19 outbreak affected the growth of the drug screening market for a short period of time due to disruption in business and economic activities across geographies. Postponement of non-essential medical services amid the covid-19 outbreak also affected the growth of the drug screening market. However, with the reopening of the economy, the market is likely to experience growth during the review period.

    Critical Questions answered in this report-

    • What are the key trends in the global drug screening market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global drug screening market?
    • What are the key strategies adopted by the major vendors to lead in the global drug screening market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the Global Drug Screening Market hopes to have the greatest opportunity to convert-

    • Drug screening distributors
    • Drug screening suppliers
    • Drug screening manufacturers
    • Logistics organizations
    • Government Bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The drug screening market size is expected to reach USD 11.1 billion in the foreseeable future.

    Alere Inc. (The U.S), Laboratory Corporation of America Holdings (The U.S), OraSure Technologies (The U.S), Quest Diagnostics (The U.S), Thermo Fisher Scientific (The U.S), Alfa Scientific Designs, Inc. (The U.S), MPD Inc. (The U.S), Lifeloc Technologies, Inc. (The U.S), Omega Laboratories Inc. (The U.S), Sciteck Diagnostics Inc (The U.S), ACM GLOBAL LABORATORIES (The U.S), and Carehealth America Corporation (The U.S) are among the key players in the drug screening market.

    The drug screening market is expected to grow at an impressive CAGR of 17% in the coming years.

    North America accounted for the largest share of the drug screening market in 2020.

    The workplace segment accounted for the largest share of the drug screening market in 2020.

    Increasing drug and alcohol testing measures in various countries to curb the menace of drug and alcohol abuse, increase in consumption of drugs and alcohol across the geographies particularly among the youth and elder population are the factors driving the growth of drug screening market.

    Drug screening distributors, Drug screening suppliers, Drug screening manufacturers, Logistics organizations, Government Bodies are the target audience in the drug screening market.

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