Alcohol And Drug Testing Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

An alcohol or a drug tester measures how much alcohol or drug a person has consumed. Alcohol/drug gets absorbed in the blood which is further carried to lungs and brain and thus is exhaled out during breathing. The testing device estimates the alcohol content in the blood and is known as known as blood alcohol content (BAC). These testers are used by both public as well as private consumers.

MARKET DYNAMICS

Alcohol and drug testing market is anticipated to grow in the forecast period owing to stringent regulations pertaining to drinking and driving, rising consumption of alcohol, and growing need for detection of overdose of prescription drugs. Moreover, technological advancements like development of portable drug or alcohol tester by the market players is likely to create opportunities during the forecast period.

MARKET SCOPE

The "Global Alcohol and Drug Testing Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of alcohol and drug testing market with detailed market segmentation by equipment type, application, end user and geography. The global alcohol and drug testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading alcohol and drug testing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global alcohol and drug testing market is segmented on the basis of equipment type, application and end user. Based on equipment type, the market is segmented as alcosensor, breathalyzer, chromatographic instruments, hair testing devices, immuno assay analyzers, intoxilyzer, oral fluid testing devices, urine testing devices. Based on application, the market is segmented as alcohol detection, and drug detection. On the basis of end user the market is segmented into federal departments, hospitals, private sectors, rehabilitation centers, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global alcohol and drug testing market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The alcohol and drug testing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting alcohol and drug testing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the alcohol and drug testing market in these regions.

MARKET PLAYERS

The report covers key developments in the alcohol and drug testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from alcohol and drug testing market are anticipated to lucrative growth opportunities in the future with the rising demand for alcohol and drug testing market in the global market. Below mentioned is the list of few companies engaged in the alcohol and drug testing market.

The report also includes the profiles of key alcohol and drug testing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Abbott
•  Alcolizer
•  Alcohol Countermeasure Systems ACS
•  AK Solutions
•  Akers Biosciences
•  Alere
•  Alcovisor
•  Applied Nanodetectors
•  BACtrack
•  Bio-Rad Laboratories

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Alcohol And Drug Testing Report Scope