Road Side Drug Testing Devices Market
Road Side Drug Testing Devices Market - Global Industry Assessment & Forecast
Segments Covered
- By Modality Standalone, Handheld
- By Substance Drugs, Alcohol
- By Sample Type Saliva, Urine, Sweat, Others
- By End User Highway Police, Drug Enforcement Agencies, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 739.38 Million |
Revenue 2030: | USD 988.79 Million |
Revenue CAGR (2023 - 2030): | 3.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Road Side Drug Testing Devices Market by Modality by Substance by Sample Type by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Road Side Drug Testing Devices supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Road Side Drug Testing Devices market size at regional and country level
- Key industry players and their market share and Road Side Drug Testing Devices market-specific sales/revenue
- Understanding of the Road Side Drug Testing Devices supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Road Side Drug Testing Devices market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Road Side Drug Testing Devices market.
FAQ
Frequently Asked Question
What is the global demand for Road Side Drug Testing Devices in terms of revenue?
-
The global Road Side Drug Testing Devices valued at USD 739.38 Million in 2022 and is expected to reach USD 988.79 Million in 2030 growing at a CAGR of 3.70%.
Which are the prominent players in the market?
-
The prominent players in the market are Dragerwerk AG & Co. KgaA, AK GlobalTech Corporation, Abbott Laboratories, MAVAND Solutions GmbH, Oranoxis Inc., Pacific Data Systems Pty Ltd., CareHealth America, UriTox LLC, Cannabix Technologies Inc., Alcohol Countermeasure Systems Corp..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Road Side Drug Testing Devices include
- Increasing focus of Roadside Drug Testing Devices Companies on Brand Protection
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Road Side Drug Testing Devices in 2022.