Specimen Validity Testing Market is projected to reach USD 1.49 Billion by 2023 from USD 1.10 Billion in 2019, at a CAGR of 6%.
Drug testing is called analysis of biological samples such as urine, plasma, breath, and sweat. Sample validation (SVT) is defined as the analysis of a sample to assess its consistency with normal human urine. It is performed on the specimen to detect dilution, substitution or incorporation. The Substance Abuse and Mental Health Services Administration (SAMHSA) has provided guidelines that laboratories should follow while performing sample validation.
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The key players covered in this study
- LabCorp (US)
- Quest Diagnostics (US)
- Alere Toxicology (US)
- ACM Global Laboratories (US)
- Clinical Reference Laboratory (CRL) (US)
- SureHire (Canada)
- CannAmm (Canada)
Market segment by Type, the product can be split into
- Laboratory Testing
- Rapid/POC Testing
Market segment by Application, split into
- Workplaces
- Drug Screening Laboratories
- Criminal Justice and Law Enforcement Agencies
- Pain Management Centers
- Drug Rehabilitation Centers
- Others
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Scope of the Report
The research study analyzes the global Specimen Validity Testing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Specimen Validity Testing Market Report
1. What was the Specimen Validity Testing Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Specimen Validity Testing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Specimen Validity Testing Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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