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What is the projected market size & growth rate of the Point of Care (POC) Drugs of Abuse Testing Market?
Market Analysis and Insights :
Global Point of Care (POC) Drugs of Abuse Testing Market
Global point of care (POC) drugs of abuse testing market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 1625.14 million in 2020 to USD 2311.12 million by 2028 growing at a CAGR of 4.50% in the above-mentioned forecast period.
Drugs of abuse is basically the illegal prescribed substances consumed for a non-medical purpose. The point of care (POC) drugs of abuse testing deals with the detection of illegal substances in the urine, blood, saliva, hair or sweat which is done at a specified testing location rather than the sample being sent to a laboratory.
The high prevalence of drug abuse in individuals especially teenagers and the usage of point of care drugs of abuse testing in sports are primarily driving the growth of the point of care (POC) drugs of abuse testing market. Additionally, the known advantages of point of care drugs of abuse testing such as reduced potential for contamination or deterioration, fewer requirements to aliquot specimens or store samples and portability are the reason for high adoption and usage of point of care (POC) drugs of abuse testing. On the other hand, the point of care testing devices may not be as reliable and accurate as compared to the laboratory-based testing’s due to high probability of falser positive or negative results which might restrain the overall growth of the market. The increasing number of regulatory approvals for and the rising usage of home-based point of care devices is estimated to generate new opportunities within the forecast period.
However, the factor such as narrow detection range and less ability to differentiate between similar drugs in same category in the testing is projected to be major challenge for the market’s growth.
This point of care (POC) drugs of abuse testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research point of care (POC) drugs of abuse testing market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Point of Care (POC) Drugs of Abuse Testing market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Point of Care (POC) Drugs of Abuse Testing Market.
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Which are the driving factors of the Point of Care (POC) Drugs of Abuse Testing market?
The driving factors of the Point of Care (POC) Drugs of Abuse Testing market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Point of Care (POC) Drugs of Abuse Testing across various industries further propel market expansion.
Point of Care (POC) Drugs of Abuse Testing Market - Competitive and Segmentation Analysis:
Global Point of Care (POC) Drugs of Abuse Testing Market, By Drugs Type (Amphetamines, Barbiturates, Benzodiazepines, Cannibinoids, copyright, Methadone, Opiates, Phencyclidine), Product (Analysers, Rapid Testing Devices, Consumables), Sample Type (Saliva, Urine, Blood, Others), End User (Hospitals, Diagnostic Laboratories, Forensic Laboratories, Others), Country (U.S., copyright, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2032.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Point of Care (POC) Drugs of Abuse Testing market?
The major players covered in the point of care (POC) drugs of abuse testing market report are uest Diagnostics Incorporated, Abbott, AdvaCare Pharma, Cliawaived Inc., DRUGSCAN, Millennium Health, BD, Agilent Technologies Inc., Danaher, Bio-Rad Laboratories Inc., Cellavision, JOYSBIO (Tianjin) Biotechnology Co., Ltd, NIHON KOHDEN CORPORATION, Ortho Clinical Diagnostics, F. Hoffmann-La Roche Ltd, Siemens Healthcare GmbH, Sysmex Corporation, Merck KGaA, Cardinal Health, Takara Bio Inc., bioMérieux SA, Enzo Life Sciences Inc., among other domestic and global players.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2025-2032) of the following regions are covered in Chapters
What are the key regions in the global Point of Care (POC) Drugs of Abuse Testing market?
- North America (United States, copyright and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Point of Care (POC) Drugs of Abuse Testing Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Point of Care (POC) Drugs of Abuse Testing market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Point of Care (POC) Drugs of Abuse Testing?
- What are the upcoming industry applications and trends for Point of Care (POC) Drugs of Abuse Testing market?
- What Are Projections of Global Point of Care (POC) Drugs of Abuse Testing Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Point of Care (POC) Drugs of Abuse Testing?
- What are the raw materials used for Point of Care (POC) Drugs of Abuse Testing manufacturing?
- How big is the opportunity for the Point of Care (POC) Drugs of Abuse Testing market?
- How will the increasing adoption of Point of Care (POC) Drugs of Abuse Testing for mining impact the growth rate of the overall market?
- How much is the global Point of Care (POC) Drugs of Abuse Testing market worth? What was the value of the market In 2024?
- Who are the major players operating in the Point of Care (POC) Drugs of Abuse Testing market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Point of Care (POC) Drugs of Abuse Testing Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Point of Care (POC) Drugs of Abuse Testing Market Insights and Forecast to 2032
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Point of Care (POC) Drugs of Abuse Testing Market By Type
- Point of Care (POC) Drugs of Abuse Testing Market By Function
- Point of Care (POC) Drugs of Abuse Testing Market By Material
- Point of Care (POC) Drugs of Abuse Testing Market By End User
- Point of Care (POC) Drugs of Abuse Testing Market By Region
- Point of Care (POC) Drugs of Abuse Testing Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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