At-Home Drug of Abuse Testing Market to Grow with a CAGR of 5.08% through 2028

Growing demand for reduction in the supply of illicit drugs are expected to drive the Global At-Home Drug of Abuse Testing Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “At-Home Drug of Abuse Testing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, Global At-Home Drug of Abuse Testing Market stood at USD 611.01 Million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.08% through 2028. The market for At-Home Drug of Abuse Testing devices has witnessed consistent growth over the Rising Demand for Targeted Drug Delivery. Owing to the restrictions imparted by several governments on the travel and supply chain, the usual patterns of drug abuse were impacted throughout the world. Also, owing to the reduction in the supply of illicit drugs, there was an increase in the local production of such drugs, which acted as an important factor adding to the market growth. Nonetheless, there was a considerable increase in the consumption of cannabis, along with other locally produced drugs. The use of such locally produced drugs is expected to boost the growth of the at-home drug abuse testing market. Thus, the market was adversely impacted by the pandemic. However, it is expected to grow in the future. Various government organizations around the world have established measures to curb the incidences of drug abuse. The rising necessity of the treatment has pressured the government to formulate measures to help improve the conditions of people undergoing drug abuse, which is expected to add to the growth of the studied market over the forecast period. Thus, the abovementioned factors are expected to increase market growth.

Also, lack of professional oversight can hamper the growth of Global At-Home Drug of Abuse Testing Market. Similarly, Lack of Counseling and Support and Limited Scope of Testing can restrain the growth of Global At-Home Drug of Abuse Testing Market. Additionally, Regulatory Challenges and Ethical Considerations will further restrict the growth of Global At-Home Drug of Abuse Testing Market.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Global At-Home Drug of Abuse Testing Market.”

The Global At-Home Drug of Abuse Testing Market is segmented into Sample Type, Product Type, End user and Region.

Based on Sample Type, Global At-Home Drug of Abuse Testing market is segmented into Urine Test, Saliva Test, Blood test and Others. The Urine Test segment accounted for the largest revenue share in 2022 and is expected to exhibit a rapid CAGR over the forecast period. Urine analysis is the most common type of sample testing to detect drug of abuse. Moreover it is widely used by the work places and criminal justice systems. Further, the growing number of medical centers and clinical labs is fostering the segment growth. The urine analysis is cheap that further boos the growth of this segment across the globe.

Major companies operating in Global At-Home Drug of Abuse Testing Market are:

• Abbott Laboratories Inc.
• Dragerwerk AG & Co. KGaA.
• UCP Biosciences Inc.
• Orient New Life Medical Co. Ltd.
• Assure Tech. (Hangzhou) Co., LTD
• Psychemedics Corporation
• Confirm Biosciences Inc
• Pharmatech Inc.
• Atlas Medical GmbH
• Home Health (U.K.) Ltd

In September 2019, ToxicologiaPardini, Pstchemedics Corporation and Sansao Holdings entered an agreement in Brazil for the distribution of drug of abuse testing products.

In 2020, WellCare Health Plans introduced new clinical coverage guidelines and claims payment policy for urine drug testing, including definitive urine drug testing as medically necessary as part of a routine monitoring programme for individuals receiving treatment for chronic pain with prescription opioid or other potentially abused medications, or those undergoing treatment for, or monitoring for relapse of, opioid addiction or substance use disorder.

In 2022, the Delaware Division of Public Health began including fentanyl strips in Narcan kits for public distribution. The initiative was part of a harm-reduction strategy aimed at preventing accidental fentanyl overdoses.

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“The North America region is expected to witness significant growth of Global At-Home Drug of Abuse Testing market due to extensive use and consumption of drugs in the major market like the US. Further, the presence of numerous key market players in the region and their strategical developments fueled the growth of the drug abuse market in this region. Furthermore, the growing government initiative to trace the use of drugs among the population, growing consumption of illicit drugs and the growing government initiative to counter the excessive use of drugs among the youth a key driver in shaping the future of this dynamic field. Such initiatives create awareness among the support about drug abuse which is likely to support the growth of the market. Thus, the aforementioned factors are expected to increase market growth. High availability of illegal substances, rising drug trafficking, and more workplace monitoring for drug use are the major factor driving the growth of the global At-Home Drug of Abuse Testing Market during the forecast period” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“At-Home Drug of Abuse Testing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Sample Type (Urine Test, Saliva Test, Blood test and Others), By Product Type (Drug Testing Kit, Strips/Dip Cards, Cassettes, Cups and Others), By Region and Competition”, has evaluated the future growth potential of Global At-Home Drug of Abuse Testing Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global At-Home Drug of Abuse Testing Market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York 10017

Tel: +1-646-360-1656

Email: [email protected]

Website: www.techsciresearch.com