Market revenue in 2024 | USD 3,388.0 million |
Market revenue in 2030 | USD 4,600.3 million |
Growth rate | 5.2% (CAGR from 2024 to 2030) |
Largest segment | Consumables |
Fastest growing segment | Rapid Testing Devices |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Consumables, Instruments, Rapid Testing Devices, Services |
Key market players worldwide | Quest Diagnostics Inc, Abbott Laboratories, QuidelOrtho Corp, Roche Holding AG ADR, Thermo Fisher Scientific Inc, Siemens Healthineers AG ADR, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Labcorp Holdings Inc, Clinical Reference Laboratory, Cordant Health Solutions, Legacy Medical, Draegerwerk AG & Co KGaA, Omega Laboratories |
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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 testing market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 34.63% in 2024. Horizon Databook has segmented the Europe drug testing market based on consumables, instruments, rapid testing devices, services covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, drug testing practices vary across countries due to differences in labor laws, privacy regulations, and cultural attitudes toward workplace testing. Generally, drug testing is more prevalent in safety-sensitive industries and jobs where impairment poses a significant risk.
European countries prioritize individual privacy rights, and drug testing is often subject to strict legal frameworks. Europe drug testing market is projected to register considerable growth owing to rising emphasis on workplace safety.
Increasing awareness of substance abuse issues, and efforts to ensure public safety, especially in transportation and heavy industries. Furthermore, increasing incidence of illicit drug trade is expected to offer growth opportunities for market growth during the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe drug testing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe drug testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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