At-home Drug Of Abuse Testing Market Drivers, Opportunities, And Trends In Coming Years

By Author: Pramod Kumar
Total Articles: 97
Comment this article

The soaring production and trade of illicit drugs across the world are some of the biggest factors fuelling the demand for at-home drug of abuse (DOA) testing kits. As per the United Nations Office on Drugs and Crime (UNODC), the total amount of opium produced in Afghanistan was found to be 9,000 metric tons in 2017, registering a rise of 87.0% from the previous year. The land area under opium poppy cultivation recorded a 63% increase from 2016 to 2017, rising from 201,000 hectares to 328,000 hectares during that period.

Receive Sample Copy of this Report:https://www.psmarketresearch.com/market-analysis/at-home-doa-testing-market/report-sample

The other important reason behind the rising usage of at-home DOA testing is the rising utilization of illicit drugs amongst teenagers throughout the world. As per the statistics provided by Centers for Disease Control and Prevention (CDC), tobacco, marijuana, and alcohol are the most common substances abused by adolescents across the globe. The biggest factors pushing the teenagers toward substance abuse are escalating pressure from schools and parents for better performance ...
... in academics and sports, peer pressure, low self-esteem, and disturbed family life.

Make an Enquiry before Purchase:https://www.psmarketresearch.com/send-enquiry?enquiry-url=at-home-doa-testing-market

Driven by the above-mentioned factors, the global at-home drug of abuse testing market is predicted to increase in valuation from $483.6 million in 2017 to $831.9 million by 2023, exhibiting a CAGR of 9.6% during the forecast period (2018–2023). There are two types of at-home DOA testing products available in the market — breath analyzers and rapid DOA test kits. Of these, rapid DOA test kits are expected to record faster growth in demand during the forecast period, owing to the burgeoning adoption of dip cards and test cups.

Report Description:https://www.psmarketresearch.com/market-analysis/at-home-doa-testing-market

Globally, the Asia-Pacific (APAC) region is expected to observe the fastest growth in the adoption of at-home DOA testing. This is primarily attributed to the increasing consumption of illicit drugs in the region and the fact that the region is one of the largest producers and traders of various kinds of illicit substances, such as heroin, opium, methamphetamines, and amphetamine-type stimulants (ATS). Moreover, the limited awareness and availability of data regarding drug abuse in the APAC countries is boosting government efforts to popularize at-home DOA testing in the region.

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.