Stratview Research has published a report on the Specimen Validity Testing Market based on information acquired from reliable sources, qualitative and quantitative research by experts, and insights from industry veterans and key players across the value chain. The report provides a thorough analysis of present and upcoming market trends, market dynamics, factors affecting the industry, and growth strategies. This report also provides an in-depth analysis of the impact of the COVID-19 pandemic on the market.

Market Insights

The specimen validity testing market was estimated at USD 1.26 billion in 2021 and is likely to grow at a CAGR of 6.45% during 2022-2028 to reach USD 1.95 billion in 2028.

What is a specimen validity test?

Specimen validity tests, also known as testing for nitrates or Test Sure, are performed on a urine drug screen specimen to detect substitution, adulteration, or dilution. A drug-testing program detects people who have used drugs. The test determines whether a urine specimen has been adulterated, diluted, or substituted.

Market Dynamics

Major factors such as increasing illegal drug-related activities, stringent drug-screening regulations, and increasing government investment to combat drug abuse are expected to drive market growth during the forecast period. Furthermore, rising demand for presumptive tests, growing consumption of illicit drugs among the younger generation, and the adoption of drug screening tests at the workplace are all expected to have a significant impact on the demand for the market.

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Specimen Validity Testing Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Regional Analysis: The present report throws light on the regional analysis of the Specimen Validity Testing Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these regions, North America is the dominant region in the market due to stringent laws for drug screening, increasing government investment to control drug abuse, and an increase in the consumption of illicit drugs. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Linchpins in the Specimen Validity Testing Market

After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -

  • ACM Global Laboratories.
  • Alfa Scientific Designs, Inc.
  • American Bio Medica Corporation
  • Clinical Reference Laboratory, Inc.
  • GenomeWeb LLC.
  • Laboratory Corporation of America
  • Premier Biotech, Inc.
  • Quest Diagnostics Incorporated.
  • Sciteck, Inc.
  • Thermo Fisher Scientific Inc.

Competitive Analysis:

Understanding the strategies of rivalry is critical and Stratview Research does this for its users. This report includes an analysis of the key competitors, the products/services, the differentiators, and market shares, etc.

Critical Questions Answered in the Report

l  What are the key trends in the Specimen Validity Testing Market?

l  How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

l  What is the impact of COVID-19 on the market?

l  What are the key strategies adopted by the major vendors to lead in the Specimen Validity Testing Market?

l  What is the market share of the top vendors?

Customization of the Report:

This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.

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