Middle East & Africa Drug Of Abuse Testing Services Market Size & Outlook
Middle East & Africa drug of abuse testing services market, 2018-2030 (US$M)
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MEA drug of abuse testing services market highlights
- The MEA drug of abuse testing services market generated a revenue of USD 227.8 million in 2023.
- The market is expected to grow at a CAGR of 3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 227.8 million |
| Market revenue in 2030 | USD 279.8 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Cannabis/marijuana |
| Fastest growing segment | Cannabis/Marijuana |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 3.5% of the global drug of abuse testing services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 4,717.6 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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Middle East & Africa 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 24.32% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The growth of Latin America’s drug of abuse testing services market can be attributed to the increasing penetration of key players in the region. Several key players have established their testing laboratories in countries such as Brazil and Mexico to gain a competitive edge.
High drug consumption in several Latin American countries and high prevalence of substance use disorder in the region is anticipated to create lucrative opportunities in the market. However, uncertain regulatory scenario related to workplace drug testing in some Latin American countries is anticipated to be a major impediment to market demand.
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Our clientele includes a mix of drug of abuse testing services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa drug of abuse testing services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa drug of abuse testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA drug of abuse testing services market size, by country, 2018-2030 (US$M)
Middle East & Africa Drug Of Abuse Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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