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Covid19 update: Drug Screening Market Shows Strong Growth | CannAmm (Cannada), MPD, Inc. (U.S.), Danaher (U.S.), Synergy Health plc.(U.K)

Drug Screening Market along with, market trends, drivers, and restraints of the Drug Screening market. In-depth study of market size with data Tables, Bar & Pie Charts, and Graphs & Statistics which helps easy to understand detailed breakdown of market. Few of the major competitors currently working in the drug screening market are Siemens Healthcare GmbH (Germany), Quest Diagnostics Incorporated (U.S.), Alere (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Laboratory Corporation of America Holdings (U.S.), Abbott (U.S.),Hoffmann -La Roche Ltd(Switzerland), BioMerieux SA (France),  Express Diagnostics Int’l, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Germany), Bio-Rad Laboratories Inc. (U.S), Biomedical Diagnostics (Belgium),  CannAmm (Cannada), MPD, Inc. (U.S.), Danaher (U.S.), Synergy Health plc.(U.K), Agilent Technologies (U.S), Shimadzu Medical Pvt. Ltd. (Japan) and few among others.

Global Drug Screening Market is expected to rise gradually to an estimated value of USD 19.03 billion by 2026, registering a CAGR of 12.9% in the forecast period of 2019-2026 with the annual sales of USD 7.21 billion in the year 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of people.

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According to World Health Organization, there were an estimated 3.3 million people died due to harmful effects of only alcohol, almost more than half of these deaths could have been avoided with the development, organization, monitoring and evaluation of treatment and other services. This significant number is expected to act as a driver to the market growth.

Market Drivers

Increasing government funding and initiatives for drug testing.

Rising awareness on drug screening policy

Growing alcohol and drug abuse in developing countries.

Market Restraints

In some countries drug testing is considered as a violation of privacy rights.

Accuracy issues with the breathalyzers.

By Products and Services [Equipment (Immunoassay Analyzers, Chromatography Instruments, and Breath Analyzers {Semiconductor Breath Analyzers and Fuel Cell Analyzers}, Rapid Testing Devices(RTD) {Oral Fluid Testing Devices and Urine Testing Devices}), Consumables {Assay Kits, Calibrators & Controls, and Sample Collection Cups} and Laboratory Services], Sample Type (Urine, Breath, Saliva, Hair, Blood, Skin, Sweat), End User (Workplace & Schools, Criminal Justice Systems & Law Enforcement Agencies, Drug Testing Laboratories, Drug Treatment Centers, Hospitals, Personal Users, and Pain Management Centers)

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Available Customizations:

Country-level classification of data in terms of Drug Screening Market for any specific country /countries.

Expansion of scope and data

Company Market Share for given country/countries and regions

Customized Report Framework for New Product, Advancement in Technology and/or Expansion

Detailed report for any specific Company operating in Drug Screening Market

Customized report framework for merger & acquisitions and partnerships/JVs feasibility

Customized report framework for Go-To-Market Strategy

Any other miscellaneous requirements with feasibility analysis

Reasons for Buying this Drug Screening Report

1. Drug Screening market report aids in understanding the crucial product segments and their perspective.

2. Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Drug Screening industry.

3. Even the Drug Screening economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

4. This report provides a more rapid standpoint on various driving facets or controlling Drug Screening promote advantage.

5. This worldwide Drug Screening report provides a pinpoint test for shifting dynamics that are competitive.

Research objectives of the DRUG SCREENING market research report-: 

  • It deliberately analyzes the development factors, trending patterns and their effect on the DRUG SCREENING market
  • It gives stick point examination of continuously evolving market elements and keeps you ahead of contenders.
  • It defines smart business methodologies by giving deep knowledge into the market focus and directing a nitty gritty investigation of executive framework of market sections.

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