Drug Screening Market Research and Forecast 2019-2025
nikitjadhav
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nikitjadhav
Ongoing, First published Sep 11, 2021
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The Drug Screening market is expected to grow from USD 7.01 billion in 2019 to USD 6.66 billion by 2025 at a CAGR of 10.81% from 2019 to 2025.
Drug screening tests support to analyze and diagnose biological samples like blood, hair, and urine and detect the presence of drugs of abuse or its metabolites in the body of patients. These tests are shown in order to ascertain if a person is or was under the influence of a drug at a certain point in time. Technological advancements in drug screening devices have allowed end-users to acquire accurate results. In emerging economies like China, rising incidences of drug abuse amongst adults as well as the teenage population have hampered employment impeding the economic situation of the country proving to be the main factor contributing to industry growth. Similarly, government bodies and not-for-profit organizations focus their efforts on funding drug screening initiatives thereby augmenting drug screening practices. Although this industry has a high growth rate, certain social and political decisions may restrict market development. For instance, political decisions such as the ban on alcohol consumptions in certain countries can have a negative impact in the near future. 
 
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