The drug of abuse testing market is set for steady growth over the next decade. Valued at an estimated USD 1.65 billion in 2023, the market is projected to expand at a Compound Annual Growth Rate (CAGR) of 5.3%, reaching approximately USD 2.69 billion by 2033. The increasing demand for rapid and accurate drug testing …
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Drug of Abuse Testing Market Set for Growth, Projected to Reach USD 2.69 Billion by 2033 at a 5.3% of CAGR
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 …
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$2.69 billion by 2033. Growth in the elderly population can be ascribed to the usage of high dosage prescription opioids for pain relief, which has led to an increase …
Drug of Abuse Testing Market Accelerating Towards a Projected US$ 2.69 Billion by 2033
The drug abuse testing market share is expected to be valued US$ 1.65 billion by 2023 and US$ 2.69 billion by 2033. Over the estimated period, the market is anticipated to increase at a compound annual growth rate (CAGR) of 5.3%. The market for drug abuse testing is expanding significantly and is predicted to keep …
Drug of Abuse Testing Market Poised to Reach US$ 2.69 Billion with 5.3% CAGR by 2033-FMI Study
The drug abuse testing market is anticipated to be valued at US$ 1.65 billion in 2023 and US$ 2.69 billion by 2033. During the forecast period, it is predicted that the market will grow at a CAGR of 5.3%. The Drug of Abuse Testing Market is experiencing significant growth and is expected to continue its upward trajectory …
Drug of Abuse Testing Market Projected to Hit US$ 2.69 Billion with 5.3% CAGR by 2033
The drug abuse testing market is anticipated to be valued at US$ 1.65 billion in 2023 and US$ 2.69 billion by 2033. During the forecast period, it is predicted that the market will grow at a CAGR of 5.3%. The Drug of Abuse Testing Market is experiencing significant growth and is expected to continue its …
Drug of Abuse Testing Market is likely to register CAGR of 5% through 2031
According to Future Market Insights (FMI) research, the global Drug of Abuse Testing Market size is estimated to reach US$ 1.5 billion in 2021, with sales expanding at a CAGR of more than 5% through 2031. The increased opioid dependence in the older population as a result of high dosage prescription opioid use for pain …
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Drug of Abuse Testing Market is projected to reach a valuation of US$ 1.5 Billion in 2021 and growing at above 5% CAGR through 2031
As per a detailed study by FMI, the global Drug of Abuse Testing Market size is estimated to total US$ 1.5 Bn in 2021. Introduction of analyzers for multi-drug detection at a single run and implementation of employment medical screening practices are projected to favor the demand in the market. On account of this, the drug of abuse testing market …