U.K. Drug Abuse Testing Devices Usage Expected to Grow Steadily due to increased adoption of alcohol and drug screening devices
Drug abuse testing devices
play a vital role in detecting the presence of drugs in an individual's system
to determine if they are under the influence of alcohol or illegal substances.
These devices not only help employers and healthcare professionals screen
individuals for drugs but also aid in rehabilitation and reducing drug abuse.
The U.K.
Drug For Abuse Testing Devices Market Size is estimated to be valued at
US$ 367.68 Mn in 2024 and is
expected to exhibit a CAGR of 1.8%
over the forecast period 2024 to 2031, as highlighted in a new report published
by Coherent Market Insights.
Market key trends:
The increased adoption of alcohol and drug screening devices in workplaces is
one of the key trends propelling the growth of the U.K. drug abuse testing
devices market. According to the Health and Safety Executive, in the U.K., an
estimated 54,270 workers suffered from a non-fatal injury caused due to being
under the influence of drugs or alcohol in 2018–2019. As a result, many
companies have made drug testing mandatory, especially for jobs related to
transportation, construction, oil and gas, and machinery operation. Various
companies are launching innovative drug screening devices equipped with new
technologies like immunoassay testing and chromatography testing that can
detect multiple drugs simultaneously with high accuracy. This is expected to
boost the demand for drug abuse testing devices over the forecast period.
Segment Analysis
The U.K. drug for abuse testing devices market is dominated by the consumables
sub-segment. This is because consumables which include assay kits and reagents
are required regularly as they get consumed soon after a single use. Assay kits
and reagents are needed to perform each drug screening test and their demand
grows in line with the increasing number of drugs of abuse screenings being
conducted in the country.
Key Takeaways
The U.K. drug for abuse testing devices
market is expected to witness high growth. The U.K. Drug for Abuse Testing Devices Market is
estimated to be valued at US$ 367.68 Mn
in 2024 and is expected to exhibit a CAGR
of 1.8% over the forecast period 2024 to 2031.
Regional analysis:
The North region currently dominates the U.K. drugs for abuse testing devices
market owing to the presence of major companies and hospitals conducting a
large volume of drugs screening tests. However, the Midlands region is expected
to register the fastest growth over the forecast period led by rising substance
abuse and increased emphasis on workplace drug testing by companies in this
region.
Key players:
Key players operating in the U.K. drug for abuse testing devices market are CF
Industries Holdings Inc., Yara, Nutrien Ltd, OCI, and QATAR FERTILISER COMPANY.
The U.K. drug for abuse testing devices market is fragmented in nature with the
presence of several and regional
players. Market leaders are focused on expanding their product portfolios
through mergers & acquisitions and new product launches. Miniaturization of
devices and integrated diagnostic platforms are some of the new trends gaining
popularity. However, budget constraints remain a key challenge for widespread
adoption of advanced screening tests in the country.
Get
More Insights Here: https://www.newswirestats.com/u-k-drug-for-abuse-testing-devices-market-demand-growth-and-regional-outlook-by-2030/
Related Reports: https://lotstoexpress.com/whispers-of-the-genomics-exploring-the-secrets-hidden-in-every-stand/
Comments
Post a Comment