DUBLIN--(BUSINESS WIRE)--The "Drug of Abuse Testing Services Market Analysis By Type (Alcohol, Cannabis, Cocaine, Opioids, Amphetamine, LSD), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global drug of abuse testing services market size was estimated at USD 1,465.4 million in 2016 and is expected to grow at a CAGR of 8.1% from 2017 to 2025
Increase in demand for therapy for substance abuse is one of the crucial factors anticipated to boost the market. According to World Drug Report 2016, annually, treatments for drug abuse are accessible to only 17% of the total drug abusers. In North American, Eastern & Southeastern Europe, and Asia, opioid is one of the major drugs of concern.
Morbidity and mortality due to drug abuse are rising globally. One in every 4 deaths is attributed to tobacco, alcohol, and illicit drug consumption. The overdose of opioids results in adverse and serious health conditions. In the U.S., the nonmedical use of prescription opioids has considerably increased. According to statistics reported by National Institute of Drug Abuse, overdose of opioids results in more than 90 deaths every day in the U.S.
The rise in prevalence of comorbidities associated with substance abuse, such as HIV and hepatitis C, have resulted in increase in demand for screening procedures. Furthermore, increase in the number of government initiatives to control illicit drugs and alcohol usage and rise in number of treatment alternatives are also driving the market.
Key Topics Covered:
Chapter 1 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Drug of Abuse Testing Services Market Variables, Trends & Scope
Chapter 4 Drug of Abuse Testing Services Market: Product Estimates & Trend Analysis
Chapter 5 Drug of Abuse Testing Services Market: Regional Estimates & Trend Analysis, by Drug Type
Chapter 6 Competitive Landscape
- Lab Corps of America Holdings
- Quest Diagnostics Inc.
- United States Drug Testing Laboratories Inc. (USDTL)
- ATI Inc.
- LGC Limited
- Randox Testing Services
For more information about this report visit https://www.researchandmarkets.com/research/nzdsdz/global_drug_of?w=4