Drug Screening Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis - MarkNtel Advisors

 According to Markntel Advisors Report, Drug Screening Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Global Drug Screening Market Research Report & Summary:

The Global Drug Screening Market size was valued at around USD 8.8 billion in 2024 and is projected to reach USD 22.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.33% during the forecast period, i.e., 2025-30.     

Time Period Captured in the Report:

·        Historical Years: 2020-2023

·        Base Years: 2024

·        Forecast Years: 2025-2030

Who are the Key Players Operating in the Drug Screening Market?

The top companies of the Drug Screening Market ruling the industry are: 

Labcorp, Quest Diagnostics, Abbott Laboratories, Orasure Technologies, Alfa Scientific Designs, ThermoFisher Scientific, Dragewerk, Lifeloc Technologies, MPD Inc., Omega Laboratories, Premier Biotech, Psychmedics, Siemens Healthineers, Shimadzu Corporation, Hoffmann-La Roche Ltd., Others.

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What is Included in Drug Screening Market Segmentation?

The Drug Screening Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Product & Service

-Drug Screening Product- Market Size & Forecast 2020-2030, USD Million

-Analytical Instruments- Market Size & Forecast 2020-2030, USD Million

-Breathalyzers- Market Size & Forecast 2020-2030, USD Million

-Immunoassay Analyzer - Market Size & Forecast 2020-2030, USD Million

-Chromatography Instruments

-Rapid Testing Devices- Market Size & Forecast 2020-2030, USD Million

-Oral Fluid Testing Devices- Market Size & Forecast 2020-2030, USD Million

-Consumables- Market Size & Forecast 2020-2030, USD Million

-Assay Kits- Market Size & Forecast 2020-2030, USD Million

-Sample Collection Devices- Market Size & Forecast 2020-2030, USD Million

-Calibrators & Controls- Market Size & Forecast 2020-2030, USD Million

-Other Consumables- Market Size & Forecast 2020-2030, USD Million

-Drug Screening Service- Market Size & Forecast 2020-2030, USD Million

-By Sample Type

-Urine Samples- Market Size & Forecast 2020-2030, USD Million

-Breath Samples- Market Size & Forecast 2020-2030, USD Million

-Oral Fluid Samples- Market Size & Forecast 2020-2030, USD Million

-Hair Samples- Market Size & Forecast 2020-2030, USD Million

-Others- Market Size & Forecast 2020-2030, USD Million

-By End Users

-Drug Testing Laboratories- Market Size & Forecast 2020-2030, USD Million

-Workplaces- Market Size & Forecast 2020-2030, USD Million

-Criminal Justice & Law Enforcement Agencies- Market Size & Forecast 2020-2030, USD Million

-Hospitals- Market Size & Forecast 2020-2030, USD Million

-Drug Treatment Centers- Market Size & Forecast 2020-2030, USD Million

-Individual Users- Market Size & Forecast 2020-2030, USD Million

-Pain Management Centers- Market Size & Forecast 2020-2030, USD Million

-Schools & Colleges- Market Size & Forecast 2020-2030, USD Million

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Explore the Complete Drug Screening Market Analysis Report – https://www.marknteladvisors.com/research-library/drug-screening-market.html

Global Drug Screening Market Driver:

Mounting Drugs and Alcohol Consumption– The rising drug and alcohol consumption propels the exponential growth of drug screening measures. As per the World Drug Report 2021 released by the United Nations Office on Drugs and Crime (UNODC) in 2022, there has been a significant 22% rise in the number of drug users worldwide. Similarly, The UNODC's findings in 2021 revealed that approximately 200 million individuals, accounting for 4% of the global population, were cannabis users. Moreover, the number of cannabis users witnessed an 18% increase. Additionally, around 20 million people, representing 0.4% of the global population, were reported to have consumed cocaine.

Additionally, according to WHO, Cannabis continues to be the most prevalent illicit substance in the African Region, with West and Central Africa experiencing the highest rates of use and witnessing an alarming increase. Reported prevalence in this region ranges from 5.2% to 13.5%. As drug consumption continues to escalate among the population, the demand for drug screening services is projected to soar, subsequently fostering substantial market growth during the study period.

Global Drug Screening Market Opportunity:

The advent of AI-based Drug Screening Process – As AI technology becomes increasingly accessible and advanced, AI-based screening methods such as high-throughput screening methods, microfluidics, and advanced imaging techniques, opens up new possibilities for drug discovery, heralding a brighter future for pharmaceutical research and potentially leading to more effective and safe treatments for various diseases. For example:

A team of researchers from the University of Central Florida has developed an innovative artificial intelligence-based screening method that could significantly expedite the process of identifying promising drug candidates. Leveraging a technique that models drug and target protein interactions using natural language, the researchers achieved an impressive 97% accuracy in their predictions. The ground-breaking results were recently published in the esteemed journal Briefings in Bioinformatics.

With such promising advancements, the drug screening market is poised to grow substantially during the forecast period.

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