Press release
Global Drug of Abuse (DOA) Testing Market to Witness 9.9% CAGR during 2018– 2024
The driving factor for the growth of the global drug of abuse testing (DOA) testing market includes the advancement in technology for the development and production of DOA products with high specificity and sensitivity against complex new designer drugs. The reduction in testing time with newly developed products also drives the growth of the market.To get a sample copy of this research report at https://www.vynzresearch.com/healthcare/drug-of-abuse-doa-testing-market/request-sample
Among different products, the rapid test kits held the largest share of 26.8% in the DOA testing market in 2017, globally. This is primarily due to the easy availability of reliable on the spot testing of drugs through rapid test kits. Other products categories include immunoassay analyzers, chromatography instruments, breath analyzers, and assay kits & reagents.
Based on the sample type, the DOA testing market is segmented into urine, saliva, hair, and others. The hospitals are the largest end user to the DOA testing market, due to the availability of products and clinicians in hospitals that conduct research as well as new drug testing on a large scale. Some of the other end user of drug of abuse testing solutions includes diagnostic laboratories, on-the-spot testing, forensic laboratories, and others.
Asia-Pacific DOA testing industry is expected to witness a significant growth at a high CAGR of 10.4% during the forecast period. The growth is driven by the rising production, as well as the consumption of illicit drugs.
The increase in trade of these drugs has also led the fast growth of the region. According to the UNODC World Drug Report of 2016, the total value of illicit opiates trafficked on the Balkan route to Europe, is estimated to amount to an average of USD 28 billion per annum.
Browse market insight and in-depth TOC on “Drug of Abuse (DOA) Testing Market – Analysis and Forecast (2018-2024) - https://www.vynzresearch.com/healthcare/drug-of-abuse-doa-testing-market
The key players of the DOA testing industry are Siemens AG, Danaher Corporation, Merck KGaA, Express Diagnostics Int'l, Inc., Drägerwerk AG & Co. KGaA, bioMérieux S.A., Quest Diagnostics Inc., Waters Corporation, Abbott Laboratories, Alere Inc., Psychemedics Corporation, Randox Laboratories Ltd., Bio-Rad Laboratories, Inc. and ThermoFisher Scientific Inc, and Sonic Healthcare Ltd.
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