DRUG TESTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Takeaways from Analyst

The market is primarily driven by the increasing substance abuse worldwide and stringent laws mandating drug testing at workplaces. Moreover, the rising awareness about health implications of drugs is pushing more employers to implement employee drug testing programs. Another key factor favoring market growth is the increasing popularity of pain relief drugs which involves risk of addiction.

North America currently dominates the global drug testing market owing to strong legal framework and widespread awareness campaigns. However, Europe is expected to offer lucrative opportunities during the forecast period on account of rising consumption of illicit drugs. The market is also witnessing promising growth opportunities in Asia Pacific led by China, India, and Japan. This can be attributed to rising per capita healthcare expenditure and growing acceptance of western workplace culture in the region.

The market may face restraints from privacy concerns related to the disclosure of test results. Nonetheless, technological advancements in drug testing devices introducing innovative testing methods like oral fluid and hair sample testing will provide new avenues for market growth. Furthermore, growing legalization of marijuana in various countries may affect marijuana testing needs in future.