The drug of abuse testing market is poised for growth, with estimates indicating a valuation of USD 1.65 billion in 2023. Projections suggest further expansion, with the market reaching USD 2.69 billion by 2033, secured by a steady CAGR of 5.3% during the forecast period. Drug of abuse testing plays a crucial role in maintaining …
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Global Drug of Abuse Testing Market for Remarkable Growth, Expected to Reach USD 2.69 Billion by 2033 at a 5.3% of CAGR
The global drug of abuse testing market is set for substantial growth, with an estimated valuation of USD 1.65 billion in 2023. Market projections indicate that this value is expected to rise to USD 2.69 billion by 2033, driven by a compound annual growth rate (CAGR) of 5.3% over the forecast period. The increasing demand for rapid …
Drug of Abuse Testing Market Expected Growth at 5.3% CAGR, Driven by US$2.69 Billion by 2033
The global drug of abuse testing market is expected to increase at a predicted Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to a valuation of US$2.69 billion by 2033. Growth in the elderly population can be ascribed to the usage of high dosage prescription opioids for pain relief, which has led to an increase …