Brazil Drug Of Abuse Testing Services Market Size & Outlook
Brazil drug of abuse testing services market, 2018-2030 (US$M)
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Brazil drug of abuse testing services market highlights
- The Brazil drug of abuse testing services market generated a revenue of USD 71.6 million in 2023 and is expected to reach USD 82.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
- In terms of segment, cannabis/marijuana was the largest revenue generating drug type in 2023.
- Cannabis/Marijuana is the most lucrative drug type segment registering the fastest growth during the forecast period.
Drug of abuse testing services market data book summary
| Market revenue in 2023 | USD 71.6 million |
| Market revenue in 2030 | USD 82.8 million |
| Growth rate | 2.1% (CAGR from 2023 to 2030) |
| Largest segment | Cannabis/marijuana |
| Fastest growing segment | Cannabis/Marijuana |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcohol, Cannabis/Marijuana, Cocaine, Opioids, Amphetamine & Methamphetamine, LSD, Other Drug Types |
| Key market players worldwide | Quest Diagnostics Inc, Abbott Laboratories, Clinical Reference Laboratory, Cordant Health Solutions, ZeOmega, Psychemedics Corp, Millennium HealthCare Inc, Mayo Clinic, Precision Diagnostics, LGC Group, Labcorp Drug Development, Legacy Medical, Drugscan, USDTL |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.1% of the global drug of abuse testing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil drug of abuse testing services market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 77.7 million by 2030.
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Drug Of Abuse Testing Services Market Scope
Drug Of Abuse Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil drug of abuse testing services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to drug of abuse testing services market will help companies and investors design strategic landscapes.
Cannabis/marijuana was the largest segment with a revenue share of 24.3% in 2023. Horizon Databook has segmented the Brazil drug of abuse testing services market based on alcohol, cannabis/marijuana, cocaine, opioids, amphetamine & methamphetamine, lsd, other drug types covering the revenue growth of each sub-segment from 2018 to 2030.
High prevalence of drug abuse in Brazil is anticipated to be a major factor boosting the demand for testing services in the region. According to a study published by the Brazilian Journal of Psychiatry, in February 2018, Brazil was the biggest consumer of crack-cocaine globally, with about 1.7 million regular users.
As per the new contract, Toxicologia Pardini and Sansão were designated as distributors of Psychemedics’ hair drug testing services in Brazil. In October 2019, Omega Laboratories obtained DENATRAN accreditation for its São Paulo facility, Omega Global Laboratory Services Do Brasil.
With this, the company expanded its operations in Brazil. However, conducting alcohol and drug testing at workplaces in Brazil can be complicated from a legal perspective. The presence of unclear laws on workplace testing in the country is anticipated to limit the demand for drug of abuse testing services.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil drug of abuse testing services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil drug of abuse testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil drug of abuse testing services market size, by drug type, 2018-2030 (US$M)
Brazil Drug Of Abuse Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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