Drug of Abuse (DOA) Testing Market Growth, Segment Analysis and Future Scope
by Vijay K. Web MarketingThe drug of abuse (DOA) testing market is growing because of the rising illegal
drug trading and consumption, use of testing methods at offices, cases of
driving under influence and resulting accidents, and technological enhancements
in testing devices. In 2016, the market’s value was $4.8 billion, and it is
expected advance at a CAGR of 9.6% during the forecast period (2017–2023), to
ultimately reach $9.1 billion. Such testing establishes the presence or the
concentration of cannabis, opioids and opiates, amphetamines, cocaine, alcohol,
and ecstasy in the human body.
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The major driver for the DOA testing market is
the increasing global production and trade of intoxicating substances. As per
the United Nations Office on Drugs and Crime (UNODC), the production of opium
in Afghanistan was 4,800 metric tons in 2016, an increase of 43% from 2015.
Additionally, compared to 183,000 hectares in 2015, 201,000 hectares of land
was used for poppy cultivation in the country in 2016. This is leading to an easier
and wider availability of banned substances across the world, which is, in tun,
raising the consumption rate.
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Hence, as the trade and consumption of drugs of abuse
continue to increase, the need for testing their presence and levels in users
will also become more dire.
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Created on Oct 27th 2020 04:52. Viewed 349 times.