The global drug screening market is segmented based on equipment and services, sample type, end user, and geography.
Portland, OR -- (SBWIRE) -- 11/09/2017 -- According to a new report published by Allied Market Research, titled, "Drug Screening Market by Products & Services, Sample Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global drug screening market was valued at $5,214 million in 2016, and is projected to reach $9,447 million by 2023, growing at a CAGR of 8.7% from 2017 to 2023. North America held the largest market share with more than fifty percent share in 2016.
Drug screening is carried out to detect the presence of any illegal drug in the different biological samples such as blood or urine. Biological samples derived from the subject are tested under drug screening devices to diagnose the nature and amount of drug in the system. Drug screening manufacturers provide a wide range of high-tech equipment which is used by organizations and law enforcement agencies to check the presence of any illegal drug in the body.
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Major factors driving the drug screening market are increase in drug consumption among youth, upsurge in consumption of alcohol and misuse of prescribed or illicit drugs by individuals. In addition, rise in awareness among the population in developing countries regarding adverse effects of drugs will help to boost the market growth. Further, governments of many developed and developing nations are raising funds to deal with increasing drug abuse and illegal drug trafficking, which will help to fuel the market growth.
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The end user segment is dominated by work place and school with over two-thirds of the market. Employees and students under drug influence result in reduced productivity and absenteeism. Increasing awareness among public has led to surge in personal drug screening devices usage and this segment is forecast to exhibit highest CAGR over the forecast period.
Drug Screening Market Key Segments:
By Product & Service
-Rapid Testing Devices
By Sample Type
-Oral Fluid Sample
-Others (Blood and Sweat Samples)
By End User
-Workplace and Schools
-Drug Testing Laboratories
-Criminal Justice System & Law Enforcement Agencies
-Drug Treatment Centers
-Pain Management Centers