The global at-home drug of abuse market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Drug abuse or substance abuse refers to the use of certain chemicals to create pleasurable effects on the brain. The rise in the use of illicit drugs is anticipated to drive the growth of the global at-home drug abuse market. For instance, according to the World Drug Report 2021 published by the United Nations Office on Drugs and Crime (UNODC), approximately 275 million people used illicit drugs globally in 2020, while over 36 million people suffered from drug use disorders. Based on the demographic changes, the projections suggest an 11.0% increase in the number of people who use drugs globally by 2030. Moreover, as per the same source, 5.5% of the population aged between 15 and 64 years have used drugs at least once in 2020.
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The Ministry of Social Justice and Empowerment, Government of India has published a report on the magnitude of substance use in India, in 2019. According to the report, alcohol is the most common substance used, followed by cannabis and opioids. The prevalence of alcohol accounted for 4.6%, followed by cannabis at 2.8% and opioids at 2.1%. Moreover, the prevalence of opioid use in India is estimated at three times the global average. Thus, the rise in prevalence of substance abuse is anticipated to drive the growth of the global at-home drug of abuse market during the forecast period.
The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansions, and product innovations to remain competitive in the market. For instance, in February 2021, Cannabix Technologies Inc. had developed version 3.0 of the THC Breath Analyzer (THCBA) prototype and portable system for field use. The new system includes a new protective case that houses a sterilization module, a smart sample preparation stage, and an integrated battery charging system. Moreover, the THCBA has been built to provide easy-to-understand screen prompts for the positive and negative detection of the psychoactive component of marijuana.
Moreover, in December 2019, Abbott Laboratories has launched a SoToxa mobile test system .this mobile test system is designed for rapid drug screening and detection in oral fluid. The system can store 10,000 results which can be printed at the end of the test or reprinted from the memory card. Further, the launch aimed to meet the high-performance demands of law enforcement agencies globally, in any type of vehicle. Thus, such product launches coupled with technological innovations are anticipated to accelerate the demand for drug abuse testing kits, which will further drive the growth of the at-home drug abuse market during the forecast period.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product
- By Sample
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Abbott Laboratories, Assure Tech Co.Ltd., Confirm Biosciences, and Psychemidica Corp. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global At Home Drug of Abuse Market Report by Segment
By Product
- Rapid Drug of Abuse Test Kits (Test cups, Test Strips, Test Dip Cards and Others)
- Breath analyzers
By Sample
- Urine
- Hair
- Saliva
- Others
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