DUBLIN–(BUSINESS WIRE)–The “Drug of Abuse Testing Services Market Share, Size, Trends, Industry Analysis Report, By Product; By End-Use; By Regions; Segment Forecast, 2021 – 2028” report has been added to ResearchAndMarkets.com’s providing.
The worldwide drug of abuse testing providers market dimension is anticipated to achieve USD 4.08 billion by 2028 in accordance with a brand new research. The report offers an in depth perception into present market dynamics and supplies evaluation on future market development.
A number of governments throughout the globe are initiating strict coverage tips to comprise drug abuse circumstances out there. On this route, the Nationwide Drug Management Finances requested an quantity of USD 34.6 billion within the final monetary yr throughout 5 areas resembling regulation enforcement, prevention & testing, operation, remedy, and interdiction.
It features a grant of USD 1.9 billion for the Substance Abuse and Psychological Well being Companies Administration for funding of evidence-based prevention initiatives and providers. Division of Protection additionally requested greater than USD 1.2 billion to watch and help drug interdiction to counter-drug operations on the US soil.
Accessibility of the abuse testing providers to the restricted variety of folks with substance use throughout the market, with solely being 1 in 7 circumstances being handled annually. Nevertheless, in developed nations such because the US, there’s a correct community and administration for reimbursement to remedy providers to drug-related problems. In keeping with this, the Facilities for Medicare & Medicaid Companies (CMS), in 2020, expanded its Medicare protection to incorporate medication-assisted remedy choices within the opioid abuse testing and coverings scheduled.
Drug abusers amongst hard-working staff danger the enterprise, they’re concerned in. To get rid of these dangers, employers must conduct common abuse testing applications out there, nonetheless, that is being a privateness subject in lots of nations. There are a number of key legislations, that are defending the person’s testing privateness rights.
Market contributors working within the drug of abuse testing providers business embody Quest Diagnostics, United States Drug Testing Laboratories (USDTL), Inc., Abbott Laboratories, Laboratory Company of America Holdings, Medical Reference Laboratory (CRL), Inc., Cordant Well being Options, DrugScan, Omega Laboratories, Inc., Legacy Medical Companies, Psychemedics Company, Mayo Clinic Laboratories, Precision Diagnostics, Millennium Well being, American Substance Abuse Professionals (ASAP), Inc., and LGC Group.
Key Subjects Lined:
2. Government Abstract
3. Analysis Methodology
4. Drug of Abuse Testing Companies Market Insights
4.1. Drug of Abuse Testing Companies – Business snapshot
4.2. Drug of Abuse Testing Companies Market Dynamics
4.3. Porter’s 5 Forces Evaluation
4.4. PESTLE Evaluation
4.5. Drug of Abuse Testing Companies Market Business traits
5. Drug of Abuse Testing Companies Market Evaluation by Drug Sort
5.1. Key Findings
5.7. Amphetamine & Methamphetamine
6. International Drug of Abuse Testing Companies Market, by Finish Use
6.1. Key Findings
6.5. Specialty Facilities
7. Drug of Abuse Testing Companies Market Evaluation by Geography
7.1. Key findings
7.3. Drug of Abuse Testing Companies Market – North America
7.4. Drug of Abuse Testing Companies Market – Europe
7.5. Drug of Abuse Testing Companies Market – Asia-Pacific
7.6. Drug of Abuse Testing Companies Market – Center East & Africa
7.7. Drug of Abuse Testing Companies Market – Latin America
8. Aggressive Panorama
8.1. Enlargement and Acquisition Evaluation
9. Firm Profiles
9.1. Quest Diagnostics
9.2. Abbott Laboratories
9.3. Cordant Well being Options
9.4. Legacy Medical Companies
9.5. Omega Laboratories, Inc.
9.6. Psychemedics Company
9.7. Millennium Well being
9.8. Mayo Clinic Laboratories
9.9. LGC Group
9.10. United States Drug Testing Laboratories, Inc. (USDTL)
9.11. American Substance Abuse Professionals, Inc.
9.12. Precision Diagnostics
9.14. Laboratory Company of America Holdings
9.15. Medical Reference Laboratory, Inc.
For extra details about this report go to https://www.researchandmarkets.com/r/dbvqks