Drug Abuse Testing Market Report 2024: Emerging Trends, Regional Market Shares, Leading Companies, Strategic Opportunities, Industry Forecast to 2030


Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Drug Abuse Testing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Drug Abuse Testing was estimated at US$63.9 Billion in 2023 and is projected to reach US$92.3 Billion by 2030, growing at a CAGR of 4.7% 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 Laboratory Services segment, which is expected to reach US$52 Billion by 2030 with a CAGR of 5.1%. The Testing Consumables segment is also set to grow at 3.4% CAGR for the next 8-year period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $17.2 Billion in 2023, and China, forecasted to grow at an impressive 7.8% CAGR to reach $20.4 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 Abuse Testing 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 Abuse Testing 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 Abuse Testing 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 Abbott Laboratories, Baxter International, Inc., Bayer AG, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

  • Abbott Laboratories
  • Baxter International, Inc.
  • Bayer AG
  • Becton, Dickinson and Company
  • Boston Scientific Corporation
  • GlaxoSmithKline PLC
  • Johnson & Johnson
  • Medtronic PLC
  • Novartis AG
  • Smith & Nephew PLC

Key Attributes

Report AttributeDetails
No. of Pages173
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$63.9 Billion
Forecasted Market Value (USD) by 2030$92.3 Billion
Compound Annual Growth Rate4.7%
Regions CoveredGlobal

Key Topics Covered

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Drug Abuse Testing - 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 Incidence of Substance Abuse Drives Demand for Drug Abuse Testing Solutions
  • Advances in Immunoassay and Chromatography Techniques Propel Growth in Drug Abuse Testing Market
  • Increasing Focus on Workplace Safety and Compliance Strengthens Business Case for Drug Abuse Testing
  • Rising Adoption of Drug Testing in Law Enforcement Expands Market Opportunities
  • Growing Use of Drug Abuse Testing in Healthcare and Rehabilitation Centers Drives Market Demand
  • Increasing Investments in Forensic Toxicology Propel Growth in Drug Abuse Testing Market
  • Technological Innovations in Lab-on-a-Chip and Microfluidics Propel Adoption in Drug Abuse Testing
  • Growing Applications of Drug Abuse Testing in Sports and Athletics Drive Market Expansion
  • Advances in Home and At-Home Testing Kits Propel Growth in Consumer-Driven Drug Testing Solutions

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/d5kvc8

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Drug Abuse Testing Market

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