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Drug Screening Market: Intense Competition but High Growth & Extreme Valuation

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Drug Screening Market: Intense Competition but High Growth & Extreme Valuation

August 07
11:32 2019
Drug Screening Comprehensive Study by Type (Immunoassay Analyzer, Chromatography, Breathalyzer, Rapid Test Device, Assay Kits), Sample Type (Urine Samples, Breath Samples, Oral Fluid Samples, Hair Samples, Other Samples), End User (Workplace, Criminal Justice Systems and Law Enforcement Agencies, Drug Treatment Centers, Pain Management Centers, Schools and Colleges, Hospitals, Individual Users, Drug Testing Laboratories) Players and Region – Global Market Outlook to 2024

AMA Research have recently released a comprehensive study of over 150+ pages on ‘Drug Screening’ market  to meet ever-changing industry conditions that marketers must adjust to strategies & leverage the best results for the company. The study not just provides market size break-up by revenue and volume* for  potential countries and important business segments but also commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are Alere (United States),Thermo Fisher (United States), Drägerwerk (Germany),OraSure (United States),Alfa Scientific Designs (United States), Lifeloc (United States), MPD, Inc.  (United States), Premier Biotech (United States), Shimadzu (Japan),,Siemens Healthineers (United States).

 

Drug screening is a method in which potential drugs are identified as well as optimized before selection of a candidate drug in order to progress to clinical trials. It is a cost-effective method to quickly review all samples. It is highly reactive, but not highly selective.  It analyses various biological samples, namely hair, blood, & urine in order to diagnose the presence of drug abuse. It is used to determine, whether the person is the influences of the drug at a certain point of time. The urine sample is mostly used for screening due to its low cost as well as result reliability. Drug screening is a two-step process which includes initial test and confirmatory tests. In the initial test, the immunoassay toxicity testing method is used, while in confirmatory test, the Gas Chromatography-Mass Spectrometry testing is used to test for drugs. Increase in alcohol consumption among youth and elderly population, overuse of prescribed drugs, the rise in use of narcotics and illicit drugs are some of the major drivers which are propelling the growth of the market. The global drug screening market to grow at a CAGR of 9.2% during the period 2018-2022.

 

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Market Segmentation

by  Type (Immunoassay Analyzer, Chromatography, Breathalyzer, Rapid Test Device, Assay Kits), Sample Type (Urine Samples, Breath Samples, Oral Fluid Samples, Hair Samples, Other Samples), End User (Workplace, Criminal Justice Systems and Law Enforcement Agencies, Drug Treatment Centers, Pain Management Centers, Schools and Colleges, Hospitals, Individual Users, Drug Testing Laboratories)

 

Data Sources & Methodology

The primary sources involves the industry experts from the Drug Screening Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

 

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The report focuses on Global Drug Screening Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What’s more, the market development trends and marketing channels are analyzed.

 

The research methodology used to estimate and forecast the Drug Screening Market began with capturing data from the key vendors’ revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

 

View Detailed Table of Content @ https://www.advancemarketanalytics.com/reports/4248-global-drug-screening-market

 

Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

 

Strategic Points Covered in Table of Content of Drug Screening Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Drug Screening market

Chapter 2: Exclusive Summary – the basic information of the Drug Screening Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Drug Screening

Chapter 4: Presenting the Drug Screening Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region 2013-2018

Chapter 6: Evaluating the leading manufacturers of the Drug Screening market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Drug Screening Market is a valuable source of guidance for individuals and companies.

 

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