Global Drugs of Abuse Testing Market to Reach $6.2 Billion by 2030
The global market for Drugs of Abuse Testing estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Analyzers, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$2.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rapid Testing Devices segment is readjusted to a revised 4.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9% CAGR
The Drugs of Abuse Testing market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 41 Featured) -
- Abbott Laboratories
- Danaher Corporation
- Dragerwerk AG & Co. KGaA
- F. Hoffmann-La Roche AG
- Laboratory Corporation of America Holdings (LabCorp)
- Siemens Healthineers
- Thermo Fisher Scientific, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Danaher Corporation
- Dragerwerk AG & Co. KGaA
- F. Hoffmann-La Roche AG
- Laboratory Corporation of America Holdings (LabCorp)
- Siemens Healthineers
- Thermo Fisher Scientific, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 173 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4 Billion |
Forecasted Market Value ( USD | $ 6.2 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |