Increase in Consumption of Illicit Drugs Expected to Drive Global Roadside Drug Testing Devices Market: Ken Research

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Drug testing devices are utilized to analyze biological samples such as blood, hair and urine for diagnosing the existence of drug abuse or its metabolites in patient’s body. Broad drug & alcohol testing portfolio involve of rapid analyzer-based tests, laboratory tests, immunoassay reagents, and visual-read screening devices. These all testing can help law enforcement agencies to test suspicious drivers from drug & alcohol intake, and rapidly get them off the road.

According to study, “Global Roadside Drug Testing Devices Market to reach USD 1315.1 million by 2026” the key companies operating in the global roadside drug testing devices market are AK GlobalTech Corporation., Alcohol Countermeasure Systems Corp., Akers Biosciences, Inc., BACtrack, Inc., Lifeloc Technologies, Inc., Dragerwerk AG & Co. KGaA, Cannabix Technologies Inc., Intoximeters, EnviteC and MangalIndia, Inc. Key players operating in the market are engaged in the development and endorsement of new products, mergers & acquisitions (M&A), and collaborations. Major developments by leading players are likely to fuel the global roadside drug testing devices market in the next few years. Players also focus on development of rapid tests that provide faster results, easy to use, and are reasonably priced compared to the tests conducted in laboratories.

Based on modality, roadside drug testing devices market is segmented as handheld modality and standalone modality. Based on substance, market is segmented as alcohol and drugs. Drugs include amphetamine, tetrahydrocannabinol (THC), benzodiazepines, cocaine, amphetamine, opioids and others. The drugs segment holds major share in global market owing to increase in usage of drugs & alcohol among youth, rise in elderly population, increase in consumption of approved drugs coupled with enforcement of strict laws mandating for drug testing. Based on sample type, market is segmented as urine, sweat, saliva and others. Based on sales channel, market is segmented as online retailing and medical stores & brand outlet. In addition, based on end-user, market is segmented as drug enforcements, highway police and others.

The roadside drug testing devices market is driven by rise in awareness about government supports & regulations, followed by growth in volumes of adoption of advanced roadside drug testing devices in different law enforcement departments and increase in drunken driving causalities. However, high costs of the advanced drug testing devices and inaccuracies of compact handheld drug testing devices may impact the market. Moreover, increase in number of drug and alcohol abusers across the world is a key opportunity for market.

Based on geography, the North-American is the prevalent region in global roadside drug testing devices market owing to increase in consumption of illicit drugs and high availability of government funding to curb drug abuse in the region. However, the Asian-Pacific and European regions are expected to exhibit considerable growth rate due to rise in cases of accidents caused by over consumption of drugs and surge in availability of public & private funding towards the production of drugs testing device over the forecast period. In upcoming years, it is estimated that future of the global market will be optimistic as a result of increase in government initiatives to control road accidents and fatalities during the forecast period. The global roadside drug testing devices market is valued approximately at US $999.4 million in 2019 and is expected to grow with a healthy growth rate of more than 4.0% over the forecast period 2020 to 2026.

For More Information, click on the link below:-

Global Roadside Drug Testing Devices Market Research Report

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Ken Research

Ankur Gupta, Head Marketing & Communications

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