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Drug Screening Market worth $10 0 billion by 2025 - Emerging Trends and Opportunities Analysis
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Drug Screening Market worth $10 0 billion by 2025 - Emerging Trends and Opportunities Analysis
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Services segment expected to grow at the highest CAGR during the forecast period.
Based on service and product, the drug screening market is segmented into services and products. Services segment accounted for the largest share of the market in 2019. This segment is also expected to register the highest CAGR during the forecast period, mainly due to the growing drug and alcohol consumption worldwide, funding initiatives for drug testing laboratories, new service launches, and regulatory approvals, and geographic expansion of drug and alcohol testing laboratories.
Analytical instruments are expected to dominate the drug screening products market in 2019.
Based on the product, the drug screening market is segmented into analytical instruments, rapid testing devices, and consumables. In 2019, the analytical segment is expected to dominate the market. Growing alcohol consumption and drunken driving cases, stringent government laws mandating drug and alcohol testing, and technological
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