In
2022, the size of the Global Drug
Screening Market was evaluated at USD 7.5 billion, and is expected to
grow at a CAGR of around 11.33% from 2025 to 2030. As per the report of the
Drug Report 2021 released by the United Nations Office on Drugs and Crime in
2022, there has been a remarkable rise of 22% in the number of drug users
across the world. Moreover, around 20 million people, representing 0.4% of the
world population, were reported to have consumed cocaine.
As
drug consumption continues to rise among the population, the demand for drug
screening services is anticipated to expand, subsequently fostering significant
growth of the industry during the study period.
The Advent of AI-based
Drug Screening Process Fuels the Global Drug Screening Industry Growth
As
AI technology is becoming more advanced and accessible, AI-based screening
methods are opening up new possibilities for drug discovery. A researcher’s
team from the University of Central Florida has developed an innovative
AI-based screening method that can notably facilitate the procedure of
identifying promising drug candidates. Through this method, the researchers
achieved an impressive accuracy of about 97% in their prediction.
With
such favorable advancements, the drug screening market is poised to expand
significantly in the forthcoming years.
Drug Screening in
Workplace Gained Traction to Make Sure a Safe & Drug-Free Environment for
Employees
On
the basis of end-users, the Global Drug Screening Market is categorized into
the following segments:
·
Drug
Testing Laboratories
·
Workplaces
·
Criminal
Justice & Law Enforcement Agencies
·
Hospitals
·
Drug
Treatment Centers
·
Individual
Users
·
Pain
Management Centers
·
Schools
& Colleges
Out
of these, drug screening in workplaces has gained traction in order to ensure a
safe and drug-free environment for employees and comply with regulatory needs
in some industries. Pre-employment drug testing is helpful to screen potential
candidates before hiring, ensuring that only drug-free candidates are brought
into the workplace.
Moreover,
post-accident drug testing plays a crucial role is finding the cause of
workplace accidents, helping the employer to take appropriate actions.
Consequently, the demand for drug screening solution has increased in the
workplace across several sectors, making it a notable driving force in the
overall growth of the drug screening market.
Top Market Players in the Global
Drug Screening Industry
As
per the latest report by MarkNtel Advisors, the leading players of the Global
Drug Screening Market 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
Recent Development in the
Global Drug Screening Market
In June 2023, Quest
Diagnostics, Inc. (DGX)started a partnership with Coriell Life Sciences to provide pharmacogenomics
testing services to specific members of medical plans. This test assesses the
influence of several genes and their variations on how a person responds to
medications.
North America Leads the
Global Drug Screening Market by Occupying a Prominent Share of the Industry
Geographically,
the Global Drug Screening Market extends across the following regions:
·
North
America
·
South
America
·
Europe
·
Middle
East & Africa
·
Asia-Pacific
Among
these, North America has emerged as the dominating region. This dominance can be
accredited to multiple factors that fosters the expansion of regional drug
screening practices. The rising consumption of drugs in the North American
region has raised concerns about the safety and health of the public, resulting
in a higher demand for effective drug screening measures.
Moreover,
strict regulations on the usage of drugs boosting and operating heavy machinery
again drive the adoption of drug screening technologies for accident prevention
and public safety.
Why MarkNtel
Advisors?
MarkNtel Advisors is a leading research, consulting, &
data analytics firm that provides an extensive range of strategic reports on
diverse industry verticals. We deliver data to a substantial & varied
client base, including multinational corporations, financial institutions,
governments, & individuals, among others.
Our specialization in niche industries & emerging
geographies allows our clients to formulate their strategies in a much more
informed way and entail parameters like Go-to-Market (GTM), product
development, feasibility analysis, project scoping, market segmentation,
competitive benchmarking, market sizing & forecasting, & trend
analysis, among others, for 15 diverse industrial verticals.
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