Growing Disturbance in Socioeconomic Balance Owing to Increased Consumption of Drugs to Boost Demand for Drugs of Abuse Testing
The global drugs of abuse testing market is highly fragmented with only a few multinational companies operating in it. Some of the key players are Roche Diagnostics, Quest Diagnostics, Alere, Abbott Laboratories, and LabCorp. The intensity of competition is medium and the moderate growth rate of the market coupled with medium capital investment reduce the entry barrier for new entrants, says Transparency Market Research (TMR) in a new report.
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