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    Specimen Validity Testing Market Report

    Specimen Validity Testing Market Report
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    Specimen Validity Testing Market Size, Share, Trend, Forecast, & Industry Analysis: 20 See more...

    Market Insights

    Specimen Validity Testing Market is likely to witness a steady CAGR of over 6.5%, during the forecast period. Major factors such as increasing illegal drug-related activities, stringent drug-screening regulations, and increasing government investment to combat drug abuse are expected to drive the market growth during the forecast period. Furthermore, rising demand for presumptive tests, growing consumption of illicit drugs among the younger generation, and the adoption of drug screening tests at the workplace are all expected to have a significant impact on the demand for the market.

    Specimen Validity Testing Market – Snapshot

    Growth

    6.5% for the next five years

    Major Products & Services Type

    Reagent, Calibrators, and Controls

    Major Testing Type

    Rapid/POC Testing

    Region with the highest demand

    North America

    Key Players

    ACM Global Laboratories., Alfa Scientific Designs, Inc., American Bio Medica Corporation, Clinical Reference Laboratory, Inc., GenomeWeb LLC., Laboratory Corporation of America, Premier Biotech, Inc., Quest Diagnostics Incorporated., Sciteck, Inc., and Thermo Fisher Scientific Inc.

    Segments' Analysis

    Specimen Validity Testing Market Share: By Products & Services Type

    Based on the products & services type, the market is segmented as products and services. The products segment is further sub-segmented as reagents, calibrators, and controls; assay kits; and disposables. The reagents, calibrators, and controls sub-segment is expected to dominate the market during the forecast period, owing to the increasing demand for reagents and rapid screening kits in drug screening laboratories.

    Specimen Validity Testing Market Share: By Testing Type

    Based on the testing type, the market is segmented as laboratory testing and rapid/POC testing. Rapid/POC testing is expected to grow at a higher CAGR in the market during the forecast period. The benefits of instant results, the ability to detect multiple drugs at once, and the recurrent and repetitive use of rapid/POC drug testing products are driving the segment's growth.

    Specimen Validity Testing Market Share: By Region

    In terms of regions, the market is segmented as North America, Europe, Asia-Pacific, and Rest of the World. Among these regions, North America is the dominant region in the market due to stringent laws for drug screening, increasing government investment to control drug abuse, and increase in the consumption of illicit drugs. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

     

    Market Scope & Segmentation

    Specimen validity tests, also known as testing for nitrates or Test Sure, are performed on a urine drug screen specimen to detect substitution, adulteration, or dilution. A drug-testing program detects people who have used drugs. The test determines whether a urine specimen has been adulterated, diluted, or substituted.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Specimen Validity Testing Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The specimen validity testing market is segmented into the following categories. 

    Specimen Validity Testing Market Size, Share, & Forecast, by Products & Services Type:

    • Products
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Reagents, Calibrators, and Controls, Assay Kits, and Disposables
    • Services (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specimen Validity Testing Market Size, Share, & Forecast, by Testing Type:

    • Laboratory Testing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rapid/POC Testing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specimen Validity Testing Market Size, Share, & Forecast, by End-User Type:

    • Workplaces (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Drug Screening Laboratories (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Criminal Justice and Law Enforcement Agencies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pain Management Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Drug Rehabilitation Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specimen Validity Testing Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the specimen validity testing market are-

    • ACM Global Laboratories.
    • Alfa Scientific Designs, Inc.
    • American Bio Medica Corporation
    • Clinical Reference Laboratory, Inc.
    • GenomeWeb LLC.
    • Laboratory Corporation of America
    • Premier Biotech, Inc.
    • Quest Diagnostics Incorporated.
    • Sciteck, Inc.
    • Thermo Fisher Scientific Inc.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the products & services type by testing type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    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 sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The specimen validity testing market is expected to witness an impressive growth of 6.5% CAGR in the coming years.

    ACM Global Laboratories., Alfa Scientific Designs, Inc., American Bio Medica Corporation, Clinical Reference Laboratory, Inc., GenomeWeb LLC., Laboratory Corporation of America, Premier Biotech, Inc., Quest Diagnostics Incorporated., Sciteck, Inc., and Thermo Fisher Scientific Inc are among the key players in the specimen validity testing market.

    The reagents, calibrators, and controls sub-segment is expected to dominate the specimen validity testing market in the next five years.

    Rapid/POC testing is expected to grow at a higher CAGR in the specimen validity testing market in the foreseeable years.

    North America is the dominant specimen validity testing market.

    Increasing illegal drug-related activities, stringent drug-screening regulations, and increasing government investment to combat drug abuse are the factors driving the growth of specimen validity testing market.