Drug of Abuse Testing Services Market Size, Share & Trends Analysis Report and Segment Forecast, 2025 | Grand View Research, Inc “Increase in the number of disorders associated with overuse of illicit substance and enforcement of legislations for Alcohol and Drug (A&D) testing are some of the key factors anticipated to boost the Drug of Abuse Testing Services Market over the forecast period.” The global Drug Of Abuse Testing Services Market is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. Increase in demand for therapy for substance abuse is one of the crucial factors anticipated to boost the market. According to World Drug Report 2016, annually, treatments for drug abuse are accessible to only 17% of the total drug abusers. In North American, Eastern & Southeastern Europe, and Asia, opioid is one of the major drugs of concern. According to World Drug Report 2016, 1 in every 20 people aged 15 to 64 consumed at least one drug in 2014. More than 29 million people who abuse drugs are estimated to suffer from drug-related disorders. There are 12 million people that abuse drugs, out of whom 14% are suffering from HIV. Cannabis and amphetamine are some of the highly abused drugs globally. Approximately 183 million people used cannabis in 2014. Strin gent regulations for drug abuse testing at workplaces, such as Omnibus Transportation Employee Testing Act of 1991, etc., are expected to increase demand for screening kits over the forecast period. Morbidity and mortality due to drug abuse are rising globally. One in every 4 deaths is attributed to tobacco, alcohol, and illicit drug consumption. The overdose of opioids results in adverse and serious health conditions. In the U.S., the nonmedical use of prescription opioids has considerably increased. According to statistics reported by National Institute of Drug Abuse, overdose of opioids results in more than 90 deaths every day in the U.S. The rise in prevalence of comorbidities associated with substance abuse, such as HIV and hepatitis C, have resulted in increase in demand for screening procedures. Furthermore, increase in the number of Follow Us: government initiatives to control illicit drugs and alcohol usage and rise in number of treatment alternatives are also driving the market. To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/drugs-abuse-testing-services-market Further Key Findings From the Report Suggest: The global drug of abuse testing services market size was estimated at USD 1,465.4 million in 2016 and is expected to grow at a CAGR of 8.1% from 2017 to 2025 Cannabis emerged as the largest drug type segment and the opioids segment is anticipated to witness fastest growth over the next 8 years The North America region accounted for the largest market share in 2016 due to increased usage of medical marijuana, increased usage of investigational testing, and rise in number of toxicology laboratories. Asia Pacific is anticipated to witness lucrative growth over the next decade due to increase in alcohol consumption and related disorders in this region The market is highly consolidated in the U.S., with Laboratory Corporation of America Holdings; Alere; United States Drug Testing Laboratories, Inc. (USDTL); Quest Diagnostics, Inc. holding 85% market share. Grand View Research has segmented the drug of abuse testing services market on the basis of drug type and region: Drug Type Outlook (Revenue, USD Million, 2014 - 2025) Alcohol Cannabis Cocaine Opioids Amphetamine LSD Regional Outlook (Revenue, USD Million, 2014 - 2025) North America o Follow Us: U.S. o Canada Europe o Germany o UK Asia Pacific o China o Japan Latin America o Chile o Mexico Middle East & Africa o Follow Us: South Africa Table of Content of Drug of Abuse Testing Services Market Chapter 1 Research Methodology 1.1 Information Procurement 1.1.1 Purchased database: 1.1.2 GVR’s internal database 1.2 Primary Research: 1.2.1 List of primary sources include: Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Drug of Abuse Testing Services Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.1.1 Market driver analysis 3.1.1.1 Growing demand for drug of abuse treatment 3.1.1.1.1 Heat map analysis, by region, 2014 3.1.1.2 Stringent law mandating alcohol and drug testing 3.1.1.3 Growing drug related mortality and increasing government initiative 3.1.2 Market restraint analysis 3.1.2.1 Drug testing is considered as a violation of privacy rights in some countries 3.2 U.S. state-wise workplace alcohol and drug testing statues 3.3 Key Opportunity Prioritized 3.4 Drug of Abuse Testing Services Market - SWOT Analysis, by Factor (Political & Legal, Economic, and Technological) 3.5 Industry Analysis - Porter’s Chapter 4 Drug of Abuse Testing Services Market: Product Estimates & Trend Analysis 4.1 Drug of Abuse Testing Services Market: Product Movement Analysis 4.2 Alcohol 4.2.1 Alcohol market estimates and forecasts, 2014 - 2025 (USD Million) 4.3 Marijuana 4.3.1 Marijuana market estimates and forecasts, 2014 - 2025 (USD Million) Follow Us: 4.4 Opioid 4.4.1 Opioid market estimates and forecasts, 2014 - 2025 (USD Million) 4.5 Cocaine 4.5.1 Cocaine market estimates and forecasts, 2014 - 2025 (USD Million) 4.6 LSD 4.6.1 LSD market estimates and forecasts, 2014 - 2025 (USD Million) 4.7 Amphetamines 4.7.1 Amphetamine market estimates and forecasts, 2014 - 2025 (USD Million) Chapter 5 Drug of Abuse Testing Services Market: Regional Estimates & Trend Analysis, by Drug Type 5.1 Drug of Abuse Testing Services Market Share, by Region, 2015 & 2025 5.2 North America 5.2.1 North America drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.2.2 U.S. 5.2.2.1 U.S. drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.2.3 Canada 5.2.3.1 Canada drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.3 Europe 5.3.1 Europe drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.3.2 UK 5.3.2.1 UK drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.3.3 Germany 5.3.3.1 Germany drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.4.2 China 5.4.2.1 China drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.4.3 Japan 5.4.3.1 Japan drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.5 Latin America 5.5.1 Latin America drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.5.2 Chile Follow Us: 5.5.2.1 Chile drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.5.3 Mexico 5.5.3.1 Mexico drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.6 MEA 5.6.1 MEA drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) 5.6.2 South Africa 5.6.2.1 South Africa drug of abuse testing services market, by drug type, 2014 - 2025 (USD Million) Chapter 6 Competitive Landscape 6.1 Company Profiles 6.1.1 Lab Corps of America Holdings 6.1.1.1 Company overview 6.1.1.2 Financial performance 6.1.1.3 Service benchmarking 6.1.1.4 Strategic initiatives 6.1.2 Quest Diagnostics, Inc. 6.1.2.1 Company overview 6.1.2.2 Financial performance 6.1.2.3 Services benchmarking 6.1.2.4 Strategic initiatives 6.1.3 United States Drug Testing Laboratories, Inc. (USDTL) 6.1.3.1 Company overview 6.1.3.2 Financial performance 6.1.3.3 Product benchmarking 6.1.4 ATI, Inc. 6.1.4.1 Company overview 6.1.4.2 Financial performance 6.1.4.3 Services benchmarking 6.1.5 Alere 6.1.5.1 Company overview 6.1.5.2 Financial performance 6.1.5.3 Services benchmarking Follow Us: 6.1.5.4 Strategic initiatives 6.1.6 LGC Limited 6.1.6.1 Company overview 6.1.6.2 Financial performance 6.1.6.3 Services benchmarking 6.1.6.4 Strategic initiatives 6.1.7 Randox Testing Services 6.1.7.1 Company overview 6.1.7.2 Financial performance 6.1.7.3 Services benchmarking About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: https://www.grandviewresearch.com Blog: https://healthcareforecastreport.blogspot.com/ Follow Us:
The global drug of abuse testing services market is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc.
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