In terms of revenue, the Global Road Side Drug Testing Devices Market is expected to reach USD 891.9 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 3.8% from 2022 to 2028.
Recently, increasing usage of drugs and alcohol is causing massive accidents on roads. Despite stringent regulations and strict laws enforced major young population is getting abused by drugs and alcohol. Roadside drug testing and focus on motor safety drive the Road Side Drug Testing Devices Market. The wide spread of drugs and alcohol among the major younger population has demanded better Road Side Drug Testing Devices Market for use. Thus, increasing the use of Road Side Drug Testing Devices Market in the coming years is expected to drive market growth.
Key Highlights from Report:
- The Tetrahydrocannabinol (THC) sub-segment of the drug type segment is anticipated to dominate the Road Side Drug Testing Devices Market. The rise in this segment is owing to the growing consumption of THC by the younger population. According to World Health Organization (WHO), about 4.8 % of the world’s younger population consumes THC. Therefore, the need to test THC on the roadside drives the segment.
- The saliva sub-segment of the test type segment accounted for the largest market share in 2021 for the Road Side Drug Testing Devices Market. This segment is expected to flourish owing to the increasing usage of saliva tests among the targeted person. In addition, this test performs at a faster rate and requires lower time.
- North America is the largest regional segment. This surge is because of the growth in demand for roadside drug testing in developed economies such as U.S. and Canada. The rising number of drug users and increasing incidents of roadside accidents have generated the demand for Road Side Drug Testing Devices Market in this region.
Market Dynamics:
The increasing use of Road Side Drug Testing Devices Market needed to identify the existence of drugs or their metabolites in a person’s body drives the market. Drug use impairs one’s ability to drive safely, which can be discovered by Road Side Drug Testing Devices Market. Using drugs and alcohol reduces the capacity to drive and thus causes accidents. According to World Road and Safety Association, around 18% of the total population, roadside accidents are caused by drug intake. Advance testing devices and technological advancements made in testing fuel the market growth. Also, increasing government initiatives to stop drugs and drug traffickers makes the market more stringent and thus helps to grow during the forecast period.
North America is expected to dominate the global Road Side Drug Testing Devices Market in 2021 and is anticipated to continue the same trend in the forecast years. An increase in key players and high investment made by manufacturing in countries such as U.S. & Canada is likely to generate demand for this market during the forecast period.
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