Global Drug Detector Market Overview:
With the increasing number of people dying due to drug and opioid abuse, the need for handheld, field deployable, and reliable detectors are growing rapidly across the world. Additionally, the global drug problem is increasing, with trafficking of methamphetamines, heroin, and emerging threats like fentanyl, and carfentanil, impacting communities worldwide.
- Increasing Drug & Alcohol Consumption in both Developing and Developed Nations
- Enforcement of Stringent Laws Mandating Drug and Alcohol Testing
- Presence of Government Funding in Various Geographic Regions
- Ban on Alcohol Consumption in Several Islamic Countries
- Prohibition of Workplace Drug Testing in Various Nations
- Increasing Use of Oral Fluid Testing
- The Emergence of Fingerprint-Based Drug Screening
- Regulatory Approvals & Product Launches and Services Globally
- Accuracy and Specificity Concerns Related to Breathalyzers
Some of the key players profiled in the report are Smiths Group (United Kingdom), DetectaChem (United States), OSI Systems, Inc. (United States), IDenta Corp. (United States), CSECO (United States), Alere (United States), Thermo Fisher (United States), Drägerwerk (Germany), OraSure (United States), Alfa Scientific Designs (United States), Lifeloc (United States), MPD, Inc. (United States), Premier Biotech (United States), Shimadzu (Japan), Siemens Healthineers (United States), LabCorp (United States) and Quest Diagnostics (United States). Additionally, following companies can also be profiled that are part of our coverage like Omega Laboratories (United States), Psychemedics (United States), CRL (United States), SureHire (Canada) and CannAmm (Canada). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Drug Detector market by 2024. Considering Market by Sample Type, the sub-segment i.e. Urine will boost the Drug Detector market. Considering Market by End User, the sub-segment i.e. Criminal Justice Systems and Law Enforcement Agencies will boost the Drug Detector market.
In October 2019, DetectaChem, one of the global leader in handheld drug and explosive detection technology, in response to overwhelming industry demand, has released the CBD/THC Differentiation Test Pouch for the MobileDetect App which accurately differentiates between CBD and THC while also providing an indication of legal concentration limits.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Drug Detector market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Drug Detector market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Drug and alcohol testing laboratories, Drug and alcohol testing product manufacturing companies, Rapid drug screening device manufacturers, Law enforcement agencies, Government agencies, Research and consulting firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.