Market & Growth Prognosis:
Analysing the market over a period of 2014-17, Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the Drug Screening/Testing Market during the period 2018-25.
Stratview Research triangulates the market to grow at a Healthy CAGR over the next five years.
The Diverse Stand Points
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market. The market of Drug Screening/Testing Market has been view from various perspectives such as:
|By Product Type||Immunoassay Analyzers, Chromatography, Breathalyzer, POC Testing Device, Assay Kits, Others|
|By Type of Sample Collection||Urine, Hair/Skin, Sputum, Blood, Other Body Fluids|
|By Testing Facility||Hospital Laboratories, Independent Clinical Laboratories, Drug Rehabilitation Centers, Public Laboratories, Others|
|By Demand Type||Pre-employment services (private), Rehabilitation services, Sports & training academy, Defense departments & Other Public departments, Others|
|By Region||North America, Western Europe, Asia-Pacific, Latin America, Rest of the World|
Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.
The Burning Questions This Report Will Answer:
- How cost effective are drug testing methods compared to drug screening?
- Is there a scope for newer technology player to enter the market (such as finger print technology, etc)?
- Will the demand from the developed and developing nations blur in the pre-employment screening segment across the globe?
- How are the major players in the market? What role do they play in influencing the market demands?
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Choosing a drug screening/testing for the future
In the developed markets such as the USA, the UK, Australia and others, drug tests are considered much more reliable and accurate than simple drug screens, although these tests are lot pricier i.e. ~ $200 and take a lot longer to perform i.e. around 1-7 days. However, these tests are far more in demand for pre-employment services, rehabilitation services, sports & training academy, defense departments and others.
Major markets across the globe
The future of random and pre-employment drug and alcohol testing is expected to be enforced within all job activities at least in all the major markets across the globe. Recent trends in the industry indicate that it will be almost impossible for recreational drug users to get a job with small and larger companies especially in countries like the USA, Germany, the UK, France, GCC, Canada, etc. Enforcing drug testing at work is probably the single most effective weapon the market and the law makers are expecting to use against younger and adult substance abuse.
This report highlights the demand that is expected to come from different sectors in various regions in the next 5-7 years and which can help the manufactures of drug diagnostic kits and reagents and also the services sector to prioritize their marketing plans and product launches accordingly.
The Report Highlights:
The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces
- analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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