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Global Rapid Oral Fluid Screening Devices Market to Showcase Vigorous Demand during 2018-2028

Fact.MR has published a new research report on global rapid oral fluid screening devices market sizes, upcoming industry trends and growth opportunity through 2018-2028 to its online database that tries to unveil the various scenarios prevailing in the rapid oral fluid screening devices market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the rapid oral fluid screening devices market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.
Rapid Oral Fluid Screening Devices Market - Key Insights 
  • The rapid oral fluid screening devices market registered growth at a CAGR of over 4% during the period, 2013–2017. The growth rate of rapid oral fluid screening devices market can be attributed to a cohort of factors, such as growing alcohol & drug consumption. Moreover, stringent regulations put into place for mandatory drug & alcohol testing are also working in favor of the manufacturers of oral fluid screening devices.
  • The 6-panel saliva test kits segment accounted for over 30% revenue share in 2017 and will continue to be the ‘top-selling’ variant among all other product types in the rapid oral fluid screening devices market.
  • North America will continue to be the leading market for rapid oral fluid screening devices alongside the ever-increasing instances of drug abuse & alcoholism. Nearly 19.7 million adults (aged 12 & older) suffered from substance use disorder resulting in adverse effects on health, according to a study by the National Survey on Drug Use and Health (NSDUH).
  • South Asia will emerge as a high-growth market for rapid oral fluid screening devices on account of rising cases of illicit drug usage. Strenuous efforts to prevent drug abuse by governments of leading South Asian countries are likely to propel growth of this regional market. 
Rapid Oral Fluid Screening Devices Market - Key Growth Drivers 
  • Alcoholism and drug abuse is increasing at an alarming rate in many countries across the globe. This, in turn, has resulted into high focus on drug and alcohol testing, thereby creating sustained opportunities for manufacturers and other stakeholders.
  • Growing use of rapid oral fluid screening devices by physician laboratories, independent laboratories, and hospital-based laboratories to perform diagnostic procedures.
  • Oral fluid is being widely recognized as a reliable medium to diagnose the ripple effects of drug abuse. Oral samples are convenient in terms of collection with no specific requirement and have minimum risk of adulteration, thereby fuelling investments in rapid oral fluid screening devices market.
  • Prescription drug abuse, wherein medications are consumed without a physician’s supervision or prescription, has become a serious issue leading to serious health-related adversities. Increasing cases of prescription drug abuse are foreseen to provide impetus to growth of rapid oral fluid screening devices market.
On account of high costs of laboratory-based tests, the shift toward adoption of ‘on-the-spot’ testing is being relied upon as an economic and viable proposition for drug driving cases. Rapid oral fluid screening devices, with instant yet accurate results, are being deployed by law enforcement agencies for roadside screening to combat drug-impaired driving. The compelling insights and forecast analysis provided in the report on rapid oral fluid screening devices market report are a result of a diligent and robust research methodology process.
Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2694
The research methodology for rapid oral fluid screening devices market report is an ideal combination of meticulous primary research phase and extensive secondary research phase carried by a team of expert analysts at FactMR. The report on rapid oral fluid screening devices market report offers utmost credibility in terms of information and insights compiled and also serves as a decision-making tool for aspiring players in the rapid oral fluid screening devices market report vying to boost their market sustenance. The report on rapid oral fluid screening devices market report offers a deep-dive into the evolving market trends that helps the market players of rapid oral fluid screening devices market report to make informed decisions. 
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