Growth in Prescription Drug Abuse will boost the Demand for Rapid Oral Fluid Screening Devices

Rapid oral fluid screening devices are test kits that are used for drugs of abuse testing. A salvia sample is taken for the testing of drugs of abuse with the help of rapid oral fluid screening devices. Rapid oral fluid screening devices display the results of these tests within a few minutes of detection. According to latest research by Future Market Insights (FMI), the global rapid oral fluid screening devices market was valued at US$ 154.1 Mn during 2017. According to the report on rapid oral fluid screening devices, the market is likely to grow at a CAGR of 5.7% during the period 2018-2028.

Prescription drug abuse is the intentional usage of a medication without a prescription. It is becoming a serious public health issue globally, which is boosting the demand for rapid oral fluid screening devices. Growth in prescription drug abuse and the increasing incidence of deaths resulting from the overdose of these drugs and emergency room visits are among the major factors contributing to the growth of the rapid oral fluid screening devices market. The misuse and abuse of stimulants can lead to serious health consequences for those with cardiovascular issues, which is boosting the adoption of drug of abuse testing with the help of rapid oral fluid screening devices. Moreover, continuous growth in prescription drug abuse is expected to propel the demand for rapid oral fluid screening devices worldwide.

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The 6-panel saliva test kits segment is the leading segment in terms of revenue by product type in the rapid oral fluid screening devices market, and is estimated to register a 30.4% revenue share in 2017. Cassettes are the most widely used rapid oral fluid screening devices for drugs of abuse testing. Hence, by form type, the cassettes segment gained a value share of more than 50% of the global rapid oral fluid screening devices market over the forecast period. However, in terms of volume, the strips segment is estimated to dominate the rapid oral fluid screening devices market as strips are much cheaper than cassettes and swabs. Rapid oral fluid screening devices are commonly used for the detection of drugs of abuse, as well as for alcohol and marijuana. Therefore, the alcohol and marijuana sub-segments of the drug type segment of the rapid oral fluid screening devices market are expected to collectively gain more than 70% of the market share over the forecast period. Among all the end users of the rapid oral fluid screening devices market, the forensic laboratories segment is the most lucrative segment, which is followed by the hospitals segment. The diagnostic laboratories segment by end user is the fastest-growing segment of the global rapid oral fluid screening devices market over the period of 2018-2028.

The rapid oral fluid screening devices market has been analysed across various regions, which include Latin America, East Asia, North America, Europe, South Asia, MEA, and Oceania. North America is a prominent region in the global rapid oral fluid screening devices market, and is estimated to have registered a revenue share of 32.5% in 2017. North America is followed by Europe and East Asia in terms of revenue in the rapid oral fluid screening devices market. China, Brazil, and Thailand are among the emerging countries in the rapid oral fluid screening devices market. Thailand is among the fastest-growing countries in the global rapid oral fluid screening devices market, and is projected to grow at a CAGR of 9.4% over the forecast period of 2018-2028.

The rapid oral fluid screening devices market report tracks some of the key companies operating in market, such as Abbott Laboratories, Guangzhou Wondfo Biotech Co., Ltd., OraSure Technologies, Inc., Oranoxis Inc., Premier Biotech, Inc., Ultimed Inc., SCREEN ITALIA SRL, SYNTRON Bioresearch Inc., Securetec Detektions-Systeme AG, MEDACX Ltd., JANT Pharmacal Corporation, and AccuBioTech Co. Ltd. Majority of the players in the rapid oral fluid screening devices market are focusing on emerging markets by increasing their distribution channels in countries such as India, Brazil, and Thailand.

Mr. Shambhu Nath Jha is a seasoned consultant and researcher. His research papers have been published in reputed websites and trade journals. His interests include philosophy and history.

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About the Author: Shambhu Nath Jha

Mr. Shambhu Nath Jha is a seasoned consultant and researcher. His research papers have been published in reputed websites and trade journals. His interests include philosophy and history.

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