What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Global Drug of Abuse Testing Services Market 2020 by Company, Regions, Type and Application, Forecast to 2025

Publish Date: Feb, 2020
Report ID: 409526
Category: Pharmaceuticals and Healthcare
Pages: 100

$3480

Market Overview

The global Drug of Abuse Testing Services market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.7% in the forecast period of 2020 to 2025 and will expected to reach USD 4790.3 million by 2025, from USD 4313 million in 2019.

The Drug of Abuse Testing Services market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

Drug of Abuse Testing Services market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Drug of Abuse Testing Services market has been segmented into:

Alcohol

Cannabis

Cocaine

Opioids

Amphetamine

LSD

Others

By Application, Drug of Abuse Testing Services has been segmented into:

Hospital

Laboratory

Others

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Drug of Abuse Testing Services market presented in the report. This section sheds light on the sales growth of different regional and country-level Drug of Abuse Testing Services markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Drug of Abuse Testing Services market.

The report offers in-depth assessment of the growth and other aspects of the Drug of Abuse Testing Services market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and Drug of Abuse Testing Services Market Share Analysis

Drug of Abuse Testing Services competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Drug of Abuse Testing Services sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Drug of Abuse Testing Services sales, revenue and market share for each player covered in this report.

The major players covered in Drug of Abuse Testing Services are:

Laboratory

Quest Diagnostics

Abbott

Drug Testing Laboratories

Randox Laboratories

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Table of Contents

1 Drug of Abuse Testing Services Market Overview

1.1 Product Overview and Scope of Drug of Abuse Testing Services

1.2 Classification of Drug of Abuse Testing Services by Type

1.2.1 Global Drug of Abuse Testing Services Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global Drug of Abuse Testing Services Revenue Market Share by Type in 2019

1.2.3 Alcohol

1.2.4 Cannabis

1.2.5 Cocaine

1.2.6 Opioids

1.2.7 Amphetamine

1.2.8 LSD

1.2.9 Others

1.3 Global Drug of Abuse Testing Services Market by Application

1.3.1 Overview: Global Drug of Abuse Testing Services Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Hospital

1.3.3 Laboratory

1.3.4 Others

1.4 Global Drug of Abuse Testing Services Market by Regions

1.4.1 Global Drug of Abuse Testing Services Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of Drug of Abuse Testing Services (2015-2025)

1.4.3 North America (USA, Canada and Mexico) Drug of Abuse Testing Services Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) Drug of Abuse Testing Services Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Drug of Abuse Testing Services Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) Drug of Abuse Testing Services Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Drug of Abuse Testing Services Status and Prospect (2015-2025)

2 Company Profiles

2.1 Laboratory

2.1.1 Laboratory Details

2.1.2 Laboratory Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 Laboratory SWOT Analysis

2.1.4 Laboratory Product and Services

2.1.5 Laboratory Drug of Abuse Testing Services Revenue, Gross Margin and Market Share (2018-2019)

2.2 Quest Diagnostics

2.2.1 Quest Diagnostics Details

2.2.2 Quest Diagnostics Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Quest Diagnostics SWOT Analysis

2.2.4 Quest Diagnostics Product and Services

2.2.5 Quest Diagnostics Drug of Abuse Testing Services Revenue, Gross Margin and Market Share (2018-2019)

2.3 Abbott

2.3.1 Abbott Details

2.3.2 Abbott Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 Abbott SWOT Analysis

2.3.4 Abbott Product and Services

2.3.5 Abbott Drug of Abuse Testing Services Revenue, Gross Margin and Market Share (2018-2019)

2.4 Drug Testing Laboratories

2.4.1 Drug Testing Laboratories Details

2.4.2 Drug Testing Laboratories Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Drug Testing Laboratories SWOT Analysis

2.4.4 Drug Testing Laboratories Product and Services

2.4.5 Drug Testing Laboratories Drug of Abuse Testing Services Revenue, Gross Margin and Market Share (2018-2019)

2.5 Randox Laboratories

2.5.1 Randox Laboratories Details

2.5.2 Randox Laboratories Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Randox Laboratories SWOT Analysis

2.5.4 Randox Laboratories Product and Services

2.5.5 Randox Laboratories Drug of Abuse Testing Services Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global Drug of Abuse Testing Services Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 Drug of Abuse Testing Services Players Market Share

3.2.2 Top 10 Drug of Abuse Testing Services Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global Drug of Abuse Testing Services Revenue and Market Share by Regions

4.2 North America Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

4.3 Europe Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

4.5 South America Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

5 North America Drug of Abuse Testing Services Revenue by Countries

5.1 North America Drug of Abuse Testing Services Revenue by Countries (2015-2020)

5.2 USA Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

5.3 Canada Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

5.4 Mexico Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

6 Europe Drug of Abuse Testing Services Revenue by Countries

6.1 Europe Drug of Abuse Testing Services Revenue by Countries (2015-2020)

6.2 Germany Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

6.3 UK Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

6.4 France Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

6.5 Russia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

6.6 Italy Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

7 Asia-Pacific Drug of Abuse Testing Services Revenue by Countries

7.1 Asia-Pacific Drug of Abuse Testing Services Revenue by Countries (2015-2020)

7.2 China Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

7.3 Japan Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

7.4 Korea Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

7.5 India Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

8 South America Drug of Abuse Testing Services Revenue by Countries

8.1 South America Drug of Abuse Testing Services Revenue by Countries (2015-2020)

8.2 Brazil Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

8.3 Argentina Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue Drug of Abuse Testing Services by Countries

9.1 Middle East & Africa Drug of Abuse Testing Services Revenue by Countries (2015-2020)

9.2 Saudi Arabia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

9.3 UAE Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

9.4 Egypt Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

9.5 South Africa Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global Drug of Abuse Testing Services Revenue and Market Share by Type (2015-2020)

10.2 Global Drug of Abuse Testing Services Market Forecast by Type (2019-2024)

10.3 Alcohol Revenue Growth Rate (2015-2025)

10.4 Cannabis Revenue Growth Rate (2015-2025)

10.5 Cocaine Revenue Growth Rate (2015-2025)

10.6 Opioids Revenue Growth Rate (2015-2025)

10.7 Amphetamine Revenue Growth Rate (2015-2025)

10.8 LSD Revenue Growth Rate (2015-2025)

10.9 Others Revenue Growth Rate (2015-2025)

11 Global Drug of Abuse Testing Services Market Segment by Application

11.1 Global Drug of Abuse Testing Services Revenue Market Share by Application (2015-2020)

11.2 Drug of Abuse Testing Services Market Forecast by Application (2019-2024)

11.3 Hospital Revenue Growth (2015-2020)

11.4 Laboratory Revenue Growth (2015-2020)

11.5 Others Revenue Growth (2015-2020)

12 Global Drug of Abuse Testing Services Market Size Forecast (2021-2025)

12.1 Global Drug of Abuse Testing Services Market Size Forecast (2021-2025)

12.2 Global Drug of Abuse Testing Services Market Forecast by Regions (2021-2025)

12.3 North America Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

12.4 Europe Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

12.6 South America Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US

List of Tables

Table 1. Global Drug of Abuse Testing Services Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of Drug of Abuse Testing Services by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global Drug of Abuse Testing Services Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market Drug of Abuse Testing Services Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. Laboratory Corporate Information, Location and Competitors

Table 6. Laboratory Drug of Abuse Testing Services Major Business

Table 7. Laboratory Drug of Abuse Testing Services Total Revenue (USD Million) (2017-2018)

Table 8. Laboratory SWOT Analysis

Table 9. Laboratory Drug of Abuse Testing Services Product and Solutions

Table 10. Laboratory Drug of Abuse Testing Services Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 11. Quest Diagnostics Corporate Information, Location and Competitors

Table 12. Quest Diagnostics Drug of Abuse Testing Services Major Business

Table 13. Quest Diagnostics Drug of Abuse Testing Services Total Revenue (USD Million) (2018-2019)

Table 14. Quest Diagnostics SWOT Analysis

Table 15. Quest Diagnostics Drug of Abuse Testing Services Product and Solutions

Table 16. Quest Diagnostics Drug of Abuse Testing Services Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 17. Abbott Corporate Information, Location and Competitors

Table 18. Abbott Drug of Abuse Testing Services Major Business

Table 19. Abbott Drug of Abuse Testing Services Total Revenue (USD Million) (2017-2018)

Table 20. Abbott SWOT Analysis

Table 21. Abbott Drug of Abuse Testing Services Product and Solutions

Table 22. Abbott Drug of Abuse Testing Services Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 23. Drug Testing Laboratories Corporate Information, Location and Competitors

Table 24. Drug Testing Laboratories Drug of Abuse Testing Services Major Business

Table 25. Drug Testing Laboratories Drug of Abuse Testing Services Total Revenue (USD Million) (2017-2018)

Table 26. Drug Testing Laboratories SWOT Analysis

Table 27. Drug Testing Laboratories Drug of Abuse Testing Services Product and Solutions

Table 28. Drug Testing Laboratories Drug of Abuse Testing Services Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 29. Randox Laboratories Corporate Information, Location and Competitors

Table 30. Randox Laboratories Drug of Abuse Testing Services Major Business

Table 31. Randox Laboratories Drug of Abuse Testing Services Total Revenue (USD Million) (2017-2018)

Table 32. Randox Laboratories SWOT Analysis

Table 33. Randox Laboratories Drug of Abuse Testing Services Product and Solutions

Table 34. Randox Laboratories Drug of Abuse Testing Services Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 35. Global Drug of Abuse Testing Services Revenue (Million USD) by Players (2015-2020)

Table 36. Global Drug of Abuse Testing Services Revenue Share by Players (2015-2020)

Table 37. Global Drug of Abuse Testing Services Revenue (Million USD) by Regions (2015-2020)

Table 38. Global Drug of Abuse Testing Services Revenue Market Share by Regions (2015-2020)

Table 39. North America Drug of Abuse Testing Services Revenue by Countries (2015-2020)

Table 40. North America Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Table 41. Europe Drug of Abuse Testing Services Revenue (Million USD) by Countries (2015-2020)

Table 42. Asia-Pacific Drug of Abuse Testing Services Revenue (Million USD) by Countries (2015-2020)

Table 43. South America Drug of Abuse Testing Services Revenue by Countries (2015-2020)

Table 44. South America Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Table 45. Middle East and Africa Drug of Abuse Testing Services Revenue (Million USD) by Countries (2015-2020)

Table 46. Middle East and Africa Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Table 47. Global Drug of Abuse Testing Services Revenue (Million USD) by Type (2015-2020)

Table 48. Global Drug of Abuse Testing Services Revenue Share by Type (2015-2020)

Table 49. Global Drug of Abuse Testing Services Revenue Forecast by Type (2021-2025)

Table 50. Global Drug of Abuse Testing Services Revenue by Application (2015-2020)

Table 51. Global Drug of Abuse Testing Services Revenue Share by Application (2015-2020)

Table 52. Global Drug of Abuse Testing Services Revenue Forecast by Application (2021-2025)

Table 53. Global Drug of Abuse Testing Services Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Drug of Abuse Testing Services Picture

Figure 2. Global Drug of Abuse Testing Services Revenue Market Share by Type in 2019

Figure 3. Alcohol Picture

Figure 4. Cannabis Picture

Figure 5. Cocaine Picture

Figure 6. Opioids Picture

Figure 7. Amphetamine Picture

Figure 8. LSD Picture

Figure 9. Others Picture

Figure 10. Drug of Abuse Testing Services Revenue Market Share by Application in 2019

Figure 11. Hospital Picture

Figure 12. Laboratory Picture

Figure 13. Others Picture

Figure 14. Global Drug of Abuse Testing Services Revenue (USD Million) and Growth Rate (2015-2025)

Figure 15. North America Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Europe Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 17. Asia-Pacific Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 18. South America Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 19. Middle East and Africa Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 20. Global Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (2015-2025)

Figure 21. Global Drug of Abuse Testing Services Revenue Share by Players in 2019

Figure 22. Global Top 5 Players Drug of Abuse Testing Services Revenue Market Share in 2019

Figure 23. Global Top 10 Players Drug of Abuse Testing Services Revenue Market Share in 2019

Figure 24. Key Players Market Share Trend

Figure 25. Global Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 26. Global Drug of Abuse Testing Services Revenue Market Share by Regions (2015-2020)

Figure 27. Global Drug of Abuse Testing Services Revenue Market Share by Regions in 2018

Figure 28. North America Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 29. Europe Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 30. Asia-Pacific Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 31. South America Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 32. Middle East and Africa Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 33. North America Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Figure 34. North America Drug of Abuse Testing Services Revenue Market Share by Countries in 2019

Figure 35. USA Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 36. Canada Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 37. Mexico Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 38. Europe Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Figure 39. Europe Drug of Abuse Testing Services Revenue Market Share by Countries in 2019

Figure 40. Germany Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 41. UK Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 42. France Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 43. Russia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 44. Italy Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 45. Asia-Pacific Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Figure 46. Asia-Pacific Drug of Abuse Testing Services Revenue Market Share by Countries in 2019

Figure 47. China Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 48. Japan Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 49. Korea Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 50. India Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 51. Southeast Asia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 52. South America Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Figure 53. South America Drug of Abuse Testing Services Revenue Market Share by Countries in 2019

Figure 54. Brazil Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 55. Argentina Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 56. Middle East and Africa Drug of Abuse Testing Services Revenue Market Share by Countries (2015-2020)

Figure 57. Middle East and Africa Drug of Abuse Testing Services Revenue Market Share by Countries in 2019

Figure 58. Saudi Arabia Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 59. UAE Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 60. Egypt Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 61. South Africa Drug of Abuse Testing Services Revenue and Growth Rate (2015-2020)

Figure 62. Global Drug of Abuse Testing Services Revenue Share by Type (2015-2020)

Figure 63. Global Drug of Abuse Testing Services Revenue Share by Type in 2019

Figure 64. Global Drug of Abuse Testing Services Market Share Forecast by Type (2021-2025)

Figure 65. Global Alcohol Revenue Growth Rate (2015-2020)

Figure 66. Global Cannabis Revenue Growth Rate (2015-2020)

Figure 67. Global Cocaine Revenue Growth Rate (2015-2020)

Figure 68. Global Opioids Revenue Growth Rate (2015-2020)

Figure 69. Global Amphetamine Revenue Growth Rate (2015-2020)

Figure 70. Global LSD Revenue Growth Rate (2015-2020)

Figure 71. Global Others Revenue Growth Rate (2015-2020)

Figure 72. Global Drug of Abuse Testing Services Revenue Share by Application (2015-2020)

Figure 73. Global Drug of Abuse Testing Services Revenue Share by Application in 2019

Figure 74. Global Drug of Abuse Testing Services Market Share Forecast by Application (2021-2025)

Figure 75. Global Hospital Revenue Growth Rate (2015-2020)

Figure 76. Global Laboratory Revenue Growth Rate (2015-2020)

Figure 77. Global Others Revenue Growth Rate (2015-2020)

Figure 78. Global Drug of Abuse Testing Services Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 79. Global Drug of Abuse Testing Services Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 80. Global Drug of Abuse Testing Services Revenue Market Share Forecast by Regions (2021-2025)

Figure 81. North America Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

Figure 82. Europe Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

Figure 83. Asia-Pacific Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

Figure 84. South America Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

Figure 85. Middle East and Africa Drug of Abuse Testing Services Revenue Market Forecast (2021-2025)

Figure 86. Sales Channel: Direct Channel vs Indirect Channel

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!