Narcotics scanner market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period. Government enacted laws & regulations aimed at reducing drug & associated material trafficking are a major factor driving the global market. For instance, in November 2023, the Federal Executive Council, FEC, approved the award of a contract for the supply and installation of customized explosive and narcotic detection screening systems in five international airports across Nigeria.
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Additionally, in January 2023, the National Agency for Food and Drug Administration and Control launched the Narcotic Drugs Serialization Pilot Project, in a bid to strengthen the quality and security of medical products in the country’s drug distribution network. The initiative aimed to combat the proliferation of substandard and falsified medicines by implementing a traceability system, addressing challenges posed by unscrupulous elements in the pharmaceutical supply chain. Such initiatives are driving the demand for the narcotic scanner market globally. Government organizations are focusing on tightening security to minimize the illegal trafficking of artificial drugs such as methamphetamine. This is expected to further increase the deployment of these technologies.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Narcotics Scanner Market Report Segment
By Product
- Fixed
- Handheld
By Technology
- Ion Mobility Spectrometry (IMS)
- Contraband Detection Equipment
- Visual Inspection System
- Infrared Spectroscopy
By End-User
- Airport
- Seaport
- Railway Terminal
- Defense & Military
- Law Enforcement
Global Narcotics Scanner Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global narcotics scanner market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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