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Peer pressure, particularly among young adults and school children, can result in some bad decisions, such as usage of drugs. Drug abuse, also known as substance abuse, is the utilization of certain chemicals for pleasuring the brain, which end up causing more harm than benefits, in the long run. There are about 190 million people across the world who use drugs, and the number is increasing at a substantial pace, primarily among people under the age of 30. Among the different types of drugs, hashish, cannabis, and marijuana are the most extensively abused ones across the globe. Approximately 1
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Drug of Abuse Testing Market to Witness 9.6% CAGR during 2017–2023 As stated by a report by P&S Intelligence, the global drug of abuse (DOA) testing market is predicted to reach a value of $9.1 billion by 2023, from $4.8 billion in 2016, progressing at a 9.6% CAGR during 2017– 2023. The market is registering growth because of technological advancements that are focusing on reducing time of consumption, increasing sensitivity, and facilitating detection of novel designer drugs. The rising consumption and trading of illicit drugs is also a key driving factor of the market. Receive Sample Copy of this Report:https://www.psmarketresearch.com/market-analysis/europe- doa-testing-market/report-sample When sample type is taken into consideration, the drug of abuse testing market is categorized into hair, urine, saliva, and others, out of which, the urine category accounted for the major share of the market in 2016. Urine samples comprise secreted metabolites that can be utilized for detecting the presence of illicit drugs. The major end users in the domain are at-home, hospitals, workplace and laboratories, among which, hospitals held the largest share of the market in the past. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=europe-doa-testing-market Geographically, North America led the market in the past, accounting for a share of 49.2% in 2016 because of the growing availability of illicit drugs, rising drug trafficking, and increasing workplace monitoring for consumption of illicit drugs. The U.S. held the major share of the market within the region in the past. The Asia-Pacific region is expected to advance at the fastest pace during the forecast period, owing to the surging consumption of illicit drugs and increasing compliance in companies for DOA testing. Moreover, technological advancements are occurring in the drug of abuse testing market. The growing usage of DOA tests for medical and legal purposes has made it crucial to provide results with high confidence levels. Owing to this, enhancements are being made in different aspects of DOA testing, such as device and equipment, chemistry, and materials. In addition, governments across the globe are taking various initiatives for reducing drug abuse levels, which is further expected to drive the market. © P&S Intelligence. All rights reserved Page 2
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