Dublin, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The "Drug Screening - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Drug Screening was estimated at US$9.7 Billion in 2023 and is projected to reach US$28.2 Billion by 2030, growing at a CAGR of 14.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Drug Screening Products segment, which is expected to reach US$14.9 Billion by 2030 with a CAGR of 12.1%. The Drug Screening Services segment is also set to grow at 17.4% CAGR for the next 8-year period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3 Billion in 2023, and China, forecasted to grow at an impressive 13.8% CAGR to reach $4.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Drug Screening Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Drug Screening Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Drug Screening Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alere, Inc., Alfa Scientific Designs, Inc., Dragerwerk AG & Co. KGaA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 53 Featured):
- Alere, Inc.
- Alfa Scientific Designs, Inc.
- Dragerwerk AG & Co. KGaA
- F. Hoffmann-La Roche AG
- Laboratory Corporation of America Holdings (LabCorp)
- Lifeloc Technologies, Inc.
- Mpd, Inc.
- Omega Laboratories, Inc.
- OraSure Technologies, Inc.
- Premier Biotech, Inc.
- Psychemedics Corporation
- Quest Diagnostics, Inc.
- Shimadzu Corporation
- Siemens Healthineers
- Thermo Fisher Scientific, Inc.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 202 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $9.7 Billion |
| Forecasted Market Value (USD) by 2030 | $28.2 Billion |
| Compound Annual Growth Rate | 14.4% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Drug Screening - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Prevalence of Substance Abuse Drives Demand for Comprehensive Drug Screening Solutions
- Advances in Immunoassay and Mass Spectrometry Propel Growth in Drug Screening Market
- Increasing Focus on Workplace Safety and Compliance Strengthens Business Case for Drug Screening
- Rising Adoption of Drug Screening in Healthcare and Rehabilitation Centers Expands Market Opportunities
- Growing Use of Drug Screening in Law Enforcement and Forensic Toxicology Drives Market Demand
- Increasing Investments in Public Health and Safety Initiatives Propel Growth in Drug Screening Market
- Technological Innovations in Lab-on-a-Chip and Microfluidics Propel Adoption in Drug Screening Solutions
- Growing Applications of Drug Screening in Sports and Athletics Drive Market Expansion
- Rising Demand for Home and At-Home Testing Kits Expands Addressable Market for Consumer-Driven Drug Screening
- Increasing Use of Drug Screening in Criminal Justice and Corrections Expands Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/y7tfvn
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