GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Drug of Abuse Testing Market Developments, Emerging Trends Forecast to 2028

admin by admin
November 9, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, November 09, 2022 ) According to Precision Business Insights (PBI) latest report, the global drugs of abuse testing market size was valued at USD 2.7 billion in 2021 and is poised to grow at a significant CAGR of 5.6% during the forecast period 2022–2028. New technologies are emerging and improving drug testing methods. These new technologies have introduced non-invasive and cost-effective ways to test employees for drug use. These new processes enable organizations to detect drugs at a much earlier stage than they could with traditional testing methods. With increasing concerns about substance abuse leading to poor performance, accidents, and other safety issues in the workplace, organizations are turning towards drug testing as an essential tool in ensuring employee safety and productivity. Testing for drugs is not only about catching someone red-handed. It is also about keeping you safe from harm, protecting the intellectual property of your company, and making sure that you do not breach any agreements such as NDAs, NDLS, or COAs that your organization has with its vendors or partners. Apart from being ethically right, it’s also mandatory for many job roles and contracts these days.

View Complete Report: https://precisionbusinessinsights.com/market-reports/drugs-of-abuse-testing-market/

Drugs of Abuse Testing Market Growth Factors

The growing concern about substance abuse in the workplace is expected to drive the demand for drug testing. The demand for drug testing is expected to increase due to the growing adoption of drug testing as a preventative procedure. The increasing adoption of drug testing, in general, and urine-based drug testing, in particular, can be attributed to several key factors. Among these factors, the most significant one is the growing focus on health and wellness. Organizations are placing increased focus on employee health and safety. In addition, the pressure to comply with regulatory requirements and ensure the integrity of operations is also leading companies to adopt drug-free workplace programs. As a result, the demand for drug testing is expected to increase. An increase in the number of social enterprises, which tend to focus more on the health of their employees, can also boost the demand for drug testing.

Drugs of Abuse Testing Market Restraints

The process of drug testing has long been controversial. Critics believe that the process is invasive, and that it is unethical to drug test employees. While employers are entitled to implement drug testing in their hiring process, as per the Joint Commission standards, they should ensure that the drug testing is conducted in a completely confidential manner. Moreover, employers should make sure that they follow the rules and regulations related to drug testing. For example, they should ensure that they test only those individuals who are in safety-sensitive positions. Although drug testing has a lot of benefits, it can also cause some problems for the employees. For example, some employees may feel that drug testing violates their rights to privacy.

Drugs of Abuse Testing Market Trends

In recent years, more companies have begun to offer alternative testing (such as hair testing, saliva swab testing, and others) to traditional urine-based drug testing in order to accommodate various needs, including religious beliefs, convenience, or privacy. These alternative drug tests can be less expensive than urine-based tests, making them more affordable for employers. Moreover, due to the non-invasive nature of alternative drug tests, these tests can also be conducted in a less invasive manner, making them more appealing to the employees.

Request Sample Of The Report https://precisionbusinessinsights.com/request-sample?product_id=22268

Drugs of Abuse Testing Market Segmentation

The global Drug of Abuse Testing Market on the basis of Product Type, the market is segregated into Analyzers, Rapid Testing Devices, and Consumables. On the basis of Sample Type, the market is categorized into Saliva, Urine, Blood, and Other Sample Types. On the basis of End User, the market is divided into Hospitals, Diagnostic Laboratories, Forensic Laboratories, and Other End Users.

Drugs of Abuse Testing Market Regional Analysis

Due to the rising demand from developing nations like China and India for services related to substance misuse testing, Asia Pacific is predicted to have profitable growth throughout the forecast period. During the projected period, the segment is anticipated to be driven by the rising prevalence of substance addiction problems in important Asia Pacific nations and ongoing regulatory body efforts to address it.

The major players operating in the Drugs of Abuse Testing Market are Danaher Corporation, LabCorp, Abbott Laboratories, Quest Diagnostics, Inc., Cordant Health Solutions, DrugScan, Legacy Medical Services, Mayo Clinic Laboratories, LGC Group, Precision Diagnostics

About Precision Business Insights:

We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

Contact:

Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553

Email: sales@precisionbusinessinsights.com

Kemp House, 152 – 160 City Road, London EC1V 2NX

Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747



Source link

Previous Post

Cloud Computing Platform Market Witness the Growth of $1240.9 billion by 2027

Next Post

Nanosatellite and Microsatellite Market Extrapolated to Reach $6.7 billion by 2027

RelatedPosts

Infusion Pump Market: Growing adoption of specialty infusion systems
Press Releases

Infusion Pump Market: Growing adoption of specialty infusion systems

 (EMAILWIRE.COM, March 20, 2023 ) The adoption of several specialty infusion pumps is on the rise globally. Patient-controlled...

by admin
March 20, 2023
Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period
Press Releases

Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 6 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Press Releases

Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

(EMAILWIRE.COM, March 20, 2023 ) The Electric Aircraft Market report provides an analysis of the market from 2022...

by admin
March 20, 2023
Award Ceremony Celebrates Best in LGBTQ Culture and Media!
Press Releases

Award Ceremony Celebrates Best in LGBTQ Culture and Media!

   (EMAILWIRE.COM, March 20, 2023 ) LOS ANGELES - The top LGBTQ performers, celebrities and influentials turned out for...

by admin
March 20, 2023
Load More

POPULAR POSTS

  • Exoskeleton Market worth $3.7 billion by 2028 at a CAGR of 38.6%

    0 shares
    Share 0 Tweet 0
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

    0 shares
    Share 0 Tweet 0
  • Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • Man United sale: Jim Ratcliffe says he's submitted 2nd bid – Yahoo Finance
  • Half off premium economy flights to the Maldives – The Points Guy
  • RAKTDA and FTI Group strike landmark agreement – Travel Daily
  • Byju's likely to close $250 million equity fund raise in April – The Economic Times

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC