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Drugs Abuse Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

  • Date Submitted: 12/17/2013 12:36 AM
  • Flesch-Kincaid Score: 29.6 
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Drug testing business is described as providing of drug testing services to the various private and government agencies. Drugs testing services are primarily required for screening devices, defensive tools and for legal requirement. Drug testing is gaining importance in various parts of the world due to year on year rising instances of drug abuse among employees, students and athletes. Annually, millions of samples are tested for the presence of drug metabolites and alcohol. Moreover, drug testing agencies play an important role in indentifying drug addicts and providing solutions to help them quit the habit.

Browse Full Report with TOC: http://www.transparencymarketresearch.com/drugs-abuse-testing-market.html

In order to create a safe and productive work environment, various multinational companies now prefer to perform employee drug testing. This also helps to reduce crime associated with drug abuse, productivity loss, serious health problems and social dysfunction.

Companies have also come to realize the various business opportunities behind drug testing. In the US alone, drug abuse cost more than $550 billion a year, which includes drug abuse and addiction due to tobacco, alcohol and illegal drugs. Moreover, illicit drug use in the region cost around $180 billion to health care system and drug enforcement agencies. On the other hand, due to globalization, drug abuse has become a worldwide problem and developing countries in Asia and Africa are now reporting more problems of drug abuse; such regions hold immense business potential for drug testing service companies.

Some of the major companies operational in this industry are Abbott Laboratories, AdnaGen, Beckman Coulter/Danaher, Biomedical Diagnostics, BioMerieux, Bio-Rad, Dako, DiaSorin, Eiken and Fujirebio.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North...

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