China Drug Of Abuse Testing Services Market Size & Outlook
China drug of abuse testing services market, 2018-2030 (US$M)
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China drug of abuse testing services market highlights
- The China drug of abuse testing services market generated a revenue of USD 321.1 million in 2023 and is expected to reach USD 417.3 million by 2030.
- The China market is expected to grow at a CAGR of 3.8% 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 321.1 million |
| Market revenue in 2030 | USD 417.3 million |
| Growth rate | 3.8% (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, China accounted for 4.9% 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 Asia Pacific, China drug of abuse testing services market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 417.3 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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China 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 24.29% in 2023. Horizon Databook has segmented the China 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.
According to data published by Addiction Center, alcohol misuse and dependence have been steadily increasing in China. The same source stated that around 8% of Chinese men have drinking problems. According to the data published by NCBI, Yunnan, China’s prevalence of methamphetamine use increased dramatically from 2011 to 2015.
According to the World Drug Report published by the UN, around 1,347 people in China who injected drugs found a higher likelihood of criminal behavior. Thus, increasing prevalence of drug abuse and high rates of drug-related criminal acts in the country is anticipated to create high demand for its testing services.
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Horizon Databook provides a detailed overview of country-level data and insights on the China drug of abuse testing services market , including forecasts for subscribers. This country databook contains high-level insights into China drug of abuse testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China drug of abuse testing services market size, by drug type, 2018-2030 (US$M)
China Drug Of Abuse Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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