North American Market Forecast
North America industry is anticipated to account for largest revenue share of 40% by 2037, The existence of giant players in the industry encouraging drug screening in the region with the increasing concern of augmenting drug abuse in countries such as the United States and the growing implementation of strict norms to vigorously tackle the drug problem. As per recent data from 2023, Americans constitute 12% of global drug users.
APAC Market Statistics
The Asia Pacific drug testing equipment market is estimated to register a growth rate of 21% through 2036. The growing use of substance abuse in the region and the rising prevalence of drug trafficking and the adoption of concealment methods and cross-border operations in South-East Asia specifically in Myanmar, Thailand, and Vietnam is leading to the stringent regulatory frameworks which is resulting in the expansion of drug testing equipment demand.
Author Credits: Radhika Pawar
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