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(Health-NewsWire.Net, July 02, 2015 ) The drug and alcohol testing market size, in terms of value, is expected to reach $6.3 billion by 2019 from $4 billion in 2014, at a CAGR of 9.5%. The market is categorized on the basis of products and services, sample types, end users, and regions. End users include workplaces and schools, law enforcement agencies and criminal justice systems, hospitals, pain management centers, drug treatment centers, and drug testing laboratories. The criminal justice and law enforcement segment is expected to grow at the highest CAGR in the coming five years. This segment’s growth will be driven by the rise in roadside accidents due to DUI, government initiatives to curb DUI cases, and government support for the criminal justice system in the form of funding.
The major factors contributing to growth of the global drug and alcohol testing market include growing world population and aging population (that leads to an increase in the use of alcohol and prescription and illicit drugs), funding by U.S. federal governments for drug testing, and growing awareness on drug testing in developing nations.
Browse 127 market data tables & 38 figures spread through 170 pages and in-depth TOC on " Drug Screening Market " at http://www.rnrmarketresearch.com/drug-screening-market-by-products-and-services-immunoassay-analyzers-chromatography-breath-analyzers-rapid-testing-devices-assay-kits-and-reagents-sample-type-urine-breath-saliva-hair-bloo-market-report.html .
Furthermore, the enactment of stringent laws by various countries is a major factor driving market growth. For instance, effective from January 2014, the Brazilian federal government has made it compulsory for all professional drivers to pass a hair drug test while applying for or renewing their licenses. Such initiatives would encourage the growth of drug testing market in this region. The rising vehicle base in China and India (increased probability of road accidents due to DUI), growing number of drug addicts, the development of advanced drug and alcohol screening devices, and rising awareness regarding the importance of drug and alcohol testing have opened an array of opportunities for the drug and alcohol testing market. However, the ban on alcohol consumption in several Muslim-majority countries is one of the factors restraining the growth of this market. Furthermore, in Canada and various European countries, employees have privacy rights and drug testing is considered a violation of those rights. This may inhibit the growth of this market in such countries.
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