Global Drugs of Abuse Testing Market: Emerging Trends, Business Growth Opportunities, Major Driving Factors

TMR’s report on the global drugs of abuse testing market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global drugs of abuse testing market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global drugs of abuse testing market during the forecast period.

The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global drugs of abuse testing market.

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Global Drugs of Abuse Testing Market Witness Most Promising Rise in Demand:

According to Transparency Market Research’s latest report on the global drugs of abuse testing market for the historical period 2017–2018 and forecast period 2019–2027. The global drugs of abuse testing market is driven by increasing consumption of illicit drugs, thereby creating demand for drug abuse tests. Moreover, growth of the market can be attributed to high demand for drugs of abuse testing and screening products from law enforcement agencies.

According to the report, the global drugs of abuse testing market was valued at US$ 6 Bn in 2018 and is anticipated to expand at a CAGR of 5.7% from 2019 to 2027

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 The report delves into the competitive landscape of the global drugs of abuse testing market. Key players operating in the global drugs of abuse testing market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global drugs of abuse testing market that have been profiled in this report.

 Key Players of Global Drugs of Abuse Testing Market:

This report profiles major players in the global drugs of abuse testing market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

The global drugs of abuse testing market is highly fragmented, with the presence of a number of international as well as regional players

Leading players operating in the global drugs of abuse testing market include

  • Alere Inc.
  • Laboratory Corporation of America Holdings
  • Roche Diagnostics
  • Thermo Fisher Scientific Inc.
  • Drägerwerk AG & Co. KGaA
  • Siemens Healthineers
  • Express Diagnostics International Inc.
  • Shimadzu Corporation

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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