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Drug Screening Laboratory Services Market by Service type, (Clinical Toxicology Testing, Workplace Drug Testing), Sample Type (Oral Fluid, Urine, Hair, Others), End User (Retail, Transportation, Oil & Gas, Government, Staffing, Other Workplace, Hospital Laboratories, Clinical Laboratories, Other Laboratories) Global Opportunity Analysis and Industry Forecast, 2021-2027

Format: PDF | Pages: 330 | Report ID: MRS1101


Report Description

The global drug screening laboratory services market size is estimated at USD 7,184.9 Million in 2020, expanding at a CAGR of 11.2% from 2021 to 2027.

The primary factors, driving the worldwide drug screening laboratory services market growth, are technological advancements and continuous innovations in the testing methods used for drug screening and testing, and rigorous investments by major market players in research activities.

Market Dynamics

The drug screening laboratory services market is expected to witness prominent growth over the forecast period. The growing consumption of drugs among millennials due to the increasing prevalence of anxiety, inferiority complex, and depression is expected to drive the drugs screening laboratory services market share and size in the predicted timeframe. The drug screening laboratory services play a significant role in conducting tests for measuring the amount of alcohol and drugs intake in the person’s body. Moreover, the increased funding for drug screening is expected to boost the drug screening laboratory services market size. However, considering drug screening as a violation of rights and the drastic impact of the COVID-19 outbreak on the drug screening services may hamper the drug screening laboratory services market growth in the near future.

Regional Overview

North America drug screening laboratory services market share is estimated to dominate in the global industry. The increased consumption of alcohol and drugs among people and the high government funding for drugs test countries like the U.S. and Canada are the factors boosting the market growth. For example, the U.S. government has allowed the drug testing of employees in both public as well as private sector companies. Europe, on the other hand, is projected to propel at a significant rate in the forecast period. The increase in prevalent incidences of drug addiction & drug abuse, technological advancements in the healthcare sector, and the rise in healthcare reforms are the factors creating a potential opportunity in the Europe drug screening laboratory services market growth.

Segment Overview

The drug screening laboratory services market is fragmented into various segments based on service type, sample type, and end-user. Based on the service type, the workplace drug testing segment is anticipated to dominate in terms of market share in the global drug screening laboratory services market. By sample type, the urine segment is projected to observe the fastest growth during the forecast period. By end-user, the government segment is projected to have lucrative growth by 2027.

Competitive Landscape

The drug screening laboratory services market is highly competitive owing to the presence of international as well as local players. Major players in the industry are engaging in various strategies, such as merger & acquisition, technological advancements, novel product launches, and partnerships to hold strong in the market. For instance, in May 2020, Psychemedics Corporation launched ‘Vaping Panel’ for drug testing which is used to detect nicotine, marijuana, and CBD.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of drug screening laboratory services by application, deployment, component, location, and region. In addition to this, the report describes the market competition situation among the vendors and company profiles, along with value chain features and market price analysis are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Abbott Laboratories
  • Clinical Reference Laboratory, Inc.
  • Quest Diagnostics
  • Laboratory Corporation of America Holdings
  • Acm Global Laboratories
  • Cordant Health Solutions
  • Omega Laboratories, Inc.
  • Precision Diagnostics
  • Millennium Health
  • Psychemedics
  • Mayo Foundation For Medical Education and Research
  • Alere, Inc.
  • Dragerwerk AG & Co. KGAA
  • Danaher Corporation
  • Thermo Fisher Scientific

Service Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Clinical Toxicology Testing
  • Workplace Drug Testing

Sample Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Oral Fluid
  • Urine
  • Hair
  • Others

End-User Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Retail
  • Transportation
  • Oil & Gas
  • Government
  • Staffing
  • Other Workplace
  • Hospital Laboratories
  • Clinical Laboratories
  • Other Laboratories

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global drug screening laboratory services market size is estimated at USD 7,184.9 Million in 2020, expanding at a CAGR of 11.2% from 2021 to 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global drug screening laboratory services market size is expanding at a CAGR of 11.2% from 2021 to 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
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