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
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Growth
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6.5% for the next five years
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Major Products & Services Type
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Reagent, Calibrators, and Controls
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Major Testing Type
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Rapid/POC Testing
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Region with the highest demand
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North America
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Key Players
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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.
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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
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Market Segmentation
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4
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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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)
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 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.