Asia-Pacific Drug of Abuse Testing Market- Forecast to 2023


Posted September 29, 2017 by sandip123

Market Research Future adds new report of “Asia-Pacific Drug of Abuse Testing Market, By -Forecast from 2020 by Market Research Report- Forecast till 2020”

 
Asia-Pacific Drug of Abuse Testing market to grow at a CAGR of 31.07 % during the forecasted period Asia Pacific drug of abuse testing market is expected to grow at a CAGR of 2.7 % during the forecasted period 2015-2023. Japan commands the largest market share of 72.2 % of total Asia Pacific drug of abuse testing market. The market for Japan was valued at USD 100.9 million in 2015 and expected to reach at USD 124.6 million by 2023. India accounts the fastest growing region for the market at a CAGR of 3.2 % during forecasted period.



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Drug abuse testing consist of different test that can be conducted at home as well as in laboratories to detect the drug present in the body. Urine is the most commonly used sample for drug of abuse testing. The Asian market is expected to show high growth rate in the drug testing equipment, mainly due to rise in alcohol consumption and strict government rules and regulations about testing alcohol consumption in the region. The emerging economies like China and India offer good opportunities for drug testing alcohol breathalyzer and drug testing equipment market in Asia Pacific region. According to National Narcotics Control Commission, drug consumption in China has increased in last few years. In Asia Pacific region that cannabis is the most common illegal substance which is widely used. Increased use of drug testing at organizational level, increased production and trade of illicit drugs worldwide and others has increased the drug abuse testing market. Due to low cost, high reliability and easy accessibility of test kits urine drug testing has become a preferred choice for drugs of abuse testing.

Asia Pacific drug of abuse testing market on the basis of type of test is segmented into onsite test and laboratory tests. On the basis of end user the market is segmented into Japan, China, India and Rest of Asia. India has the fastest growing market for drug abuse testing market. As India with almost 18.0% of the world’s population in the 15 years to 64 years age brackets is exposed to illegal opiates originating in both South-East Asia and South-West Asia. Globally, India ranks among the top 10 nations in heroin trafficking and among the top 15 in marijuana trafficking.

Asia Pacific drug of abuse testing market on the basis of type of test is increasing at a significant rate. Onsite testing accounted for the largest market share in 2015 which is expected to reach USD 162.2 million by 2023 from USD 130.4 million in 2015. Laboratory testing is growing at a fastest CAGR of 3.10 % during the forecast period from 2015 - 2023.


Asia Pacific drug of abuse testing market, by type of test statistical report published by Market Research future contains a brief overview of Asia Pacific drug of abuse testing market. Japan commands the largest share and is expected to grow continuously during the forecasted period of 2015-2023. The report analyzed the Asia Pacific drug of abuse testing market presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2023.

Market Research future through this report aims to provide understanding of the Asia Pacific drug of abuse testing market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Asia Pacific drug of abuse testing market


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Asia-Pacific Drug of Abuse Testing Market LOT & LOF

List of Tables

TABLE 1 Asia market breakdown by region, USD MILLION (2011 – 2014)

TABLE 2 Asia market breakdown by region, USD MILLION (2015 – 2023)

TABLE 3 India market breakdown by type of test, USD MILLION (2011 – 2014)

TABLE 4 India market breakdown by type of test, USD MILLION (2015 – 2023)

TABLE 5 China market breakdown by type of test, USD MILLION (2011 – 2014)

TABLE 6 China market breakdown by type of test, USD MILLION (2015 – 2020)

TABLE 7 Japan market breakdown by type of test, USD MILLION (2011 – 2014)

TABLE 8 Japan market breakdown by type of test, USD MILLION (2015 – 2023)



List of Figures

FIGURE 1 ASIA-PACIFIC DRUG of ABUSE TESTING MARKET SHARE BY COUNTRY, 2016 (%)

FIGURE 2 Asia market breakdown by region, USD MILLION (2011 & 2014)

FIGURE 3 Asia market breakdown by region, USD MILLION (2016 & 2023)

FIGURE 4 India market breakdown by type of test, 2016 (%)

FIGURE 5 India market breakdown by type of test, USD MILLION (2011 & 2014)

FIGURE 6 India market breakdown by type of test, USD MILLION (2016 & 2023)

FIGURE 7 CHINA market breakdown by type of test, 2016 (%)

FIGURE 8 China market breakdown by type of test, USD MILLION (2011 & 2014)

FIGURE 9 China market breakdown by type of test, USD MILLION (2016 & 2020)

FIGURE 10 japan market breakdown by type of test, 2016 (%)

FIGURE 11 Japan market breakdown by type of test, USD MILLION (2011 & 2014)

FIGURE 12 Japan market breakdown by type of test, USD MILLION (2016 & 2023)



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Issued By Akash Anand
Country India
Categories Business , Health , Medical
Tags drug of abuse testing market industry , asiapacific drug of abuse testing market , drug of abuse testing forecast , drug of abuse testing market analysis , drug of abuse testing market research , drug of abuse testing market share , drug of abuse testing market size , drug of abuse testing market trends
Last Updated September 29, 2017