Global Drug of Abuse Testing Market Report 2022: Increasing Interest of Companies in Drug of Abuse Testing Market – ResearchAndMarkets.com

Global Drug of Abuse Testing Market Report 2022: Increasing Interest of Companies in Drug of Abuse Testing Market – ResearchAndMarkets.com
CANNANNEW REPORT

DUBLIN–(BUSINESS WIRE)–The “Global Drug of Abuse Testing Market (By Product Type, Sample / Test Type, Drug Type, End Users / Setting Type, Region), Impact of COVID-19, Regulatory Status, Recent Developments, 20 Company Profiles – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global drug of abuse testing market is predicted to reach US$ 6.6 Billion by 2027 The market for drug of abuse testing is driven by strict government norms against illicit drug intake, technological advances in testing equipment, increasing availability of forbidden drugs, and growing emphasis on work place screening among the urban population. On the other hand, legalization of drugs and lack of skilled technicians for drug of abuse testing are a few restraints hampering the growth of the market. The use of illicit drugs is increasing across the globe. According to the UN Office on Drugs and Crime (UNODC) World Drug Report 2021, about 5.5 percent of the population aged between 15 and 64 years have used drugs at least once in the past year, while 36.3 million people, or 13 percent of the total number of persons who use drugs, suffer from drug use disorders. Impact of COVID-19 on Global Drug of Abuse Testing Market The COVID-19 outbreak has become a global stress test. As the number of people infected with the virus continues to rise around the world, uncertainties about global economic growth increases. The COVID-19 disease has infected around 439 Million people worldwide. Globally the death toll has reached 5,984,489 according to the latest statistics from the Worldometers (as of March 2, 2022). The number is still growing, and the duration of the pandemic is still difficult to predict. The reactions to the COVID-19 pandemic and its effects on societies and economies around the world cannot be understated. In the year…

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Source : Global Drug of Abuse Testing Market Report 2022: Increasing Interest of Companies in Drug of Abuse Testing Market – ResearchAndMarkets.com

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