Thursday, 20 August 2020

Relaxation of State Marijuana Laws to Bolster the North America Drug Screening Market

 

Market Overview:

The North America Drug Screening Market has been growing at an incremental pace and is expected to capture a CAGR of 6% over the forecast period of 2017-2023, proclaims Market Research Future (MRFR) in an exhaustive research report.The North America drug screening market derives much of its growth from the growing illicit use of drugs in the region and growing awareness regarding the same. Rising prevalence of alcohol use disorder and illegal use of drugs provide impetus to the North America drug screening market.Drug screening is a standard process in North America for acquiring jobs in airlines, railways, government jobs and in places where public safety is involved which boots the growth of the market. Businesses rely on drug testing of employees as illicit drug use,or abuse can be detrimental in the workplace. With various businesses mandating drug screening in North America in an aim to increase productivity and reduce medical costs, the North America drug screening market has been able to flourish in the region. More schools in the US than ever before have mandated drug screening of students as drug abuse by students has become a common phenomenon.

 

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 Drug screening of student athletes too is permissible in North America. Furthermore, the U.S. Anti-Doping Agency (USADA) has strict protocols pertaining to drug screening of athletes participating in national and international sports which bolsters the growth of the North America Drug Screening market.

 

Competitive Landscape:

Siemens Healthnieers, Quest Diagnostics, Thermo Fisher Scientific, Inc., Laboratory Corporation of America Holdings, Roche Diagnostics, Express Diagnostics Int'l Inc., Shimadzu Corporation, Alere Toxicology, and MPD.

 

Segmentation:

·         The North America drug screening market has been segmented based on test sample and conditions.

·         By test sample, the market has been segmented into Urine, Hair, Blood, and Saliva.

·         By condition, the market has been segmented into Unconsciousness, Chest Pain, Panic Attack, Drug Allergies, and Others.

 

Regional Analysis:

The North America drug screening market covers the US and Canada. These regions have substantially high population bases who are involved in drug abuse which drives the market. North America has established stringent anti-doping regulations which support the drug screening market. Moreover, development of drug and alcohol screening devices such as organ-on-a-chip technology and rising disposable income in the region spurs the growth of the market.

 

Industry Updates:

In August 2018, Bluechiip, a technology company, extended its existing agreement with Labcon North America, to supply Labcon with chips and associated hardware necessary for drug screening. The deal is worth USD 11.6 Million and will extend upto three years.

 

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