Polyisobutylene Market Key Players: Kothari Petrochemicals, Braskem, and ENEOS Corporation

Polyisobutylene Industry Overview

The global polyisobutylene market size is expected to reach USD 2.53 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2021 to 2028. The market is anticipated to expand in the years to come due to the growth of the automotive, electrical and electronics, food packaging, and building and construction industries across the globe.

Polyisobutylene exhibits low gas and moisture permeability, high thickening efficiency, good shear stability, good electrical insulation, adhesive, and tackifier properties, and resilience to UV. These properties make it suitable to manufacture filler compounds, adhesives, and sealants, tubeless tire inner lining, lubricants additives, fuel additives, wrap films, and cable insulation materials.

Major players are entering into partnerships to increase the polyisobutylene manufacturing capacity. For instance, in January 2019, Saudi Aramco and TotalEnergies entered into an agreement with Daelim Co., Ltd. to build a new polyisobutylene plant, which is expected to come on-stream in 2024. The facility will be located in Saudi Arabia and will give Daelim Co., Ltd. the opportunity to service customers in the Middle East and markets across Europe and Asia.

Polyisobutylene manufacturers are tapping the political scenarios in the region and engaging with governments to strengthen their foothold in the market. For instance, in March 2021, Kothari Petrochemicals received consent to operate for expansion from the Pollution Control Board in India. This expansion consent obtained from the government agency is expected to increase the production capacity of polybutylene.

Key polyisobutylene manufacturers are carrying out different marketing initiatives to increase their brand presence in the market. For instance, in August 2021, Chevron Oronite, a part of Chevron Corporation, sponsored and exhibited their products, including polyisobutylene, dispersants, PIBSA, and other products at the Specialty & Agro Chemicals America conference. Such initiatives are expected to result in promoting their brand in the market for polyisobutylene.


Polyisobutylene Market Segmentation

Grand View Research has segmented the global polyisobutylene market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into High Molecular Weight, Medium Molecular Weight, and Low Molecular Weight.

  • High molecular weight polyisobutylene dominated the market and accounted for a revenue share of more than 65.0% in 2020. Polyisobutylene is segmented into high, medium, and low molecular weight based on the molecular weight range. High molecular weight polyisobutylene is a transparent solid rubber-like substance with ultra-high viscosity and molecular weight.
  • Medium molecular weight polyisobutylene is used in adhesives for its tackiness and plasticizing properties. PIB blended with low-density polyethylene improves the tear resistance, low-temperature flexibility, and clinging property of the film. Medium molecular weight polyisobutylene is used for food and beverage packaging due to its hydrophobic stability, antibacterial performance, adhesive nature, and food safety status.

Based on the Application Insights, the market is segmented into Adhesives & Sealants, Automotive Rubber Components, Fuel Additives, Lubricant Additives, and Others.

  • Lubricant additives dominated the market and accounted for a revenue share of more than 55.0% in 2020. Emerging market in Asia Pacific due to the increasing industrial production is anticipated to drive the demand for industrial oil products over the forecast period. The chemical and mining industries are projected to be among the largest consumers of industrial lubricants.
  • The automobile industry is witnessing rising demand for passenger and commercial vehicles for private and public transportations due to the growing population migration towards urban areas. Moreover, the growing e-commerce and logistics industry globally is expected to drive the consumption of commercial vehicles.

Polyisobutylene Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies & Market Share Insights

The market has been characterized by the presence of key players, along with a few medium and small regional players. Established players such as BASF SE are launching their polyisobutylene products in new regions to strengthen their market position. For instance, in February 2021, BASF SE launched its polyisobutylene product under the brand name OPPANOL C in the North American market. OPPANOL C is produced as one-inch chips to reduce product development time and minimize manufacturing steps for customers by facilitating simpler and faster processing. Some prominent players in the global polyisobutylene market include:

  • BASF SE
  • Daelim Co., Ltd.
  • TPC Group
  • INEOS
  • Kothari Petrochemicals
  • Braskem
  • ENEOS Corporation
  • Zhejiang Shunda New Material Co., Ltd.
  • Shandong Hongrui New Material Technology Co., Ltd.

Order a free sample PDF of the Polyisobutylene Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Europe Immunoassay Analyzers Market Players: Ortho Clinical Diagnostics, Sysmex Corporation, Bio-Rad Laboratories, Inc., And F. Hoffmann-La Roche AG

Europe Immunoassay Analyzers Industry Overview

The Europe immunoassay analyzers market size is expected to reach USD 2.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2021 to 2028. The rising prevalence of chronic and infectious diseases and the approval and launch of innovative analyzers are major factors driving the market.

The market is anticipated to exhibit significant growth due to the unprecedented COVID-19 pandemic leading to a shortage of diagnostics and infrastructure. This has created vast opportunities for companies operating in the marketplace to bridge the gap between supply and demand. Amid extensive funding in the healthcare sector, equally from public and private sectors, has led to several research projects pertaining to diagnostics, such as central laboratory tests and point of care tests. These initiatives are aiding in the development of tools, such as immunoassay analyzers. The consumption of immunoassays has increased tremendously during this period of a pandemic propelling the further market growth. The uncertainty over the longevity of the pandemic and the need for analyzers is expected to remain strong in the near future, thereby aiding regional growth.

In addition, increasing approval and launch of innovative and advanced analyzers in the key European countries has significantly boosted the market growth. For instance, in April 2021, Germany-based Siemens Healthineers received the CE Mark for its AtellicaVTLi Patient-Side Immunoassay Analyzer. This analyzer is capable of providing test results in 8 minutes to clinicians by utilizing a patient’s blood sample. Furthermore, the entrance of leading players in the European region is further expected to create increased access to advanced products. For instance, in February 2021, SysmexCorporation, a Japan-based immunoassay manufacturer, established its new subsidiary, Sysmex Portugal, S.A., in Portugal. With this initiative, the company expanded its presence in Portugal by intensifying its sales and after-sales support networks.


Europe Immunoassay Analyzers Market Segmentation

Grand View Research has segmented the Europe immunoassay analyzers market on the basis of analyzers, end use, and region:

Based on the Analyzers Insights, the market is segmented into Enzyme Immunoassay (EIA) Analyzers, Radioimmunoassay (RIA) Analyzers, and Other Analyzers.

  • The Enzyme Immunoassay (EIA) analyzers segment dominated the market and accounted for the largest revenue share of 63.9%. The segment is anticipated to witness the fastest CAGR during the forecast period.EIA analyzers have been the most extensively applied immunodiagnostic system in bioanalytical, industrial, and healthcare settings.
  • Some of the major advantages of EIA analyzes are its high sensitivity, efficiency, and specificity without the need for radioactive substances, as the test is based on the antigen-antibody response. The ability to perform analysis simultaneously without a complex sample pretreatment is another factor facilitating its uptake across various applications. 

Based on the End-use Insights, the market is segmented into Hospitals, Blood Banks, Clinical Laboratories, Pharmaceutical and Biotech Companies, Academic Research Centers, and Others.

  • The hospitals segment dominated the market and accounted for the largest revenue share of 33.1%. The segment is anticipated to maintain its dominance over the forecast period. The large share can be attributed to the high demand for immunoassay products in hospitals with increased hospitalizations due to chronic and infectious diseases.
  • The diagnostic laboratories segment is anticipated to exhibit the fastest growth due to the growing number of diagnostic laboratories, especially in emerging economies due to fast and cost-effective testing services. The application of automated systems aids laboratories to utilize their trained resources for more significant activities like analysis and reviewing test results.

Key Companies & Market Share Insights

Key players are undertaking extensive strategic initiatives in the field of immunoassay analyzers, including mergers and acquisitions, new product development, and regional expansion, to address the unmet needs of patients. Some of the prominent players in the Europe immunoassay analyzers market include:

  • Siemens Healthineers
  • bioMérieux SA
  • Abbott Laboratories
  • Danaher Corporation (Beckman Coulter)
  • Quidel Corporation
  • Ortho Clinical Diagnostics
  • Sysmex Corporation
  • Bio-Rad Laboratories, Inc.
  • Becton, Dickinson and Company
  • F. Hoffmann-La Roche AG
  • Thermo Fisher Scientific, Inc.

Order a free sample PDF of the Europe Immunoassay Analyzers Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Tunisia Pharmaceutical Market Players: Adwya, Sanofi, Teriak, And Opalia Pharma

Tunisia Pharmaceutical Industry Overview

The Tunisia pharmaceutical market size is estimated to reach USD 3.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.9% from 2021 to 2028. The market is largely driven by the improving pharmaceutical exports of Tunisia, which is a result of expanding pool of local pharmaceutical manufacturers in the country. The country continues to explore and capitalize on export markets, prominently Francophone countries in Africa.

Manufacturers are also engaged in on-site production in sub-Saharan nations. For instance, Tunisia-based Teriak acquired Cameroon’s Cinpharm plant in late 2015 to export in Central African markets. Despite the fact that Tunisian pharma companies have marked their presence in African markets, drug manufacturers are surrounded by several challenges including lack of infrastructure enabling direct air route, maritime connections, or business measures that hinder their growth in African countries.

Some domestic companies have begun production of medications in West Africa to reduce the import cost for countries in the region, which in turn, is providing a significant boost to the pharmaceutical industry in Tunisia. For instance, Medis was recognized as the company which exports to the largest number of countries. The company has collaborated with 11 countries. On the other hand, Teriak ranked second in the private Tunisia market in 2018 export development from 2% in 2012 to 13% in 2018.

The COVID-19 pandemic is expected to create lucrative opportunities for healthcare professionals looking to address prolonged challenges that persist in the pharmaceutical industry. Apart from the pandemic, there is a high prevalence of several chronic diseases, including cardiac, diabetes, obesity, and respiratory ailments, which can affect all age groups. This is expected to open up new avenues for healthcare professionals to develop innovative management strategies that can help in curbing pre-existing pricing challenges in the pharmaceutical industry and tackling them with the pandemic in an effective manner.


Tunisia Pharmaceutical Market Segmentation

Grand View Research has segmented the Tunisia pharmaceutical market on the basis of formulation:

Based on the Formulation Insights, the market is segmented into Tablets, Capsules, Injectables, Sprays, Suspensions, Powders, and Other Formulations.

  • The tablet formulation segment dominated the market in 2020 and accounted for the largest revenue share of 24.5%. Tablets are the most common oral solid dosage forms for drug delivery, which is contributing to their high production and sales. This type of formulation is also preferred over capsules owing to various advantages such as tamper resistance, cost-effectiveness, easy handling and packaging, and high manufacturing efficiency. Tablets are the easiest to manufacture for a broad range of specialties such as antidiabetics, anti-inflammatories, antacids, vitamins, and antiallergic.
  • The injectable formulation segment is another lucrative segment that has garnered 2nd position in terms of revenue in the market. Injectables are administered through the parenteral route, which is the second most commonly used route and is the fastest mode for drug delivery. Various companies offer injectables including MédiS Laboratories, which have expertise in the market for rapid development of complex drug formulations, especially injectables.

Key Companies & Market Share Insights

The healthcare industry has garnered a pivotal position in Tunisia’s socioeconomic policies in recent years. This has created a favorable environment for companies keen on entering the Tunisia healthcare market when compared to other states of the southern Mediterranean region. Additionally, Tunisia is among the very few countries of the African region that showcases a modern and efficient pharmaceutical sector, with respect to both safety and quality of medicine products being approved and introduced in the local market.

Pfizer, Inc. was leading the Tunisia pharmaceutical industry in 2020, followed by Sanofi-Aventis Tunisia. Adwya is another prominent pharmaceutical manufacturer operational in Tunisia, with more than 10.0% of output in the local drug produce. This is followed by Les Laboratoires UNIMED, Teriak, MEDIS, SIPHAT, OPALIA PHARMA, Taha Pharma, and Cytopharma. The majority of these companies were established by local professionals after the privatization of the healthcare sector in the 1990s. Some of the prominent players in the Tunisia pharmaceutical market include:

  • Adwya
  • Sanofi (Sanofi-Aventis Tunisia)
  • Teriak
  • Opalia pharma
  • Les Laboratoires UNIMED
  • Medis
  • Taha Pharma
  • Cytopharma

Order a free sample PDF of the Tunisia Pharmaceutical Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Organic Chocolate Spreads Market Growth & Trends Analysis By 2028

Organic Chocolate Spreads Industry Overview

The global organic chocolate spreads market size is expected to reach USD 834.0 million by 2028, registering a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing consumption of chocolate-based spreads as a part of the breakfast meal coupled with consumer inclination towards organic and natural food products is expected to be a key factor driving the market over the forecast period.

The hazelnut segment accounted for the largest share of the market in 2020 and will expand further at a steady CAGR from 2021 to 2028 due to rising product innovation in this segment. For instance, in October 2019, Rigoni di Asiago launched the Nocciolata Bianca Hazelnut Spread, which is gluten-free and is high in protein. Companies all over the globe, especially start-ups, have been focusing on making products available to consumers through online distribution channels. Moreover, the increasing influence of western food habits in the Asia Pacific region has significantly increased the salability of the product in the market.

Supermarkets & hypermarkets emerged as the largest distribution channel segment in 2020 accounting for a revenue share of over 50%. These stores focus on customer satisfaction and specific food categories pertaining to organic products. Also, the availability of complete household items of all brands in one place drives the segment growth.

Europe emerged as the largest regional market in 2020 with a revenue share of more than 40%. Europe is also a key market for certified organic cocoa in the world. Furthermore, European brands benefit from a large consumer base across countries, such as Germany, the U.K., and Switzerland. The increasing trend of snacking among younger European consumers further fuels the market growth.

Organic Chocolate Spreads Market Segmentation

Grand View Research has segmented the global organic chocolate spreads market on the basis of product, distribution channel, and region:

Based on the Product Insights, the market is segmented into Hazelnut, Duo, Milk, Dark, and Others.

  • The hazelnut product segment accounted for the highest revenue share of more than 38% in 2020. Hazelnut promotes heart health and is highly nutritious as it contains vitamins minerals, antioxidant compounds, and healthy fats. These are among the key factors driving the popularity of the product. 
  • The dark chocolate segment is projected to register the fastest growth during the forecast period. Dark chocolate-based variants are loaded with minerals, such as calcium & iron, as well as vitamins. Consuming dark chocolate that has significant cocoa content offers several health benefits including improved heart health and brain function.

Based on the Distribution Channel Insights, the market is segmented into Hypermarket & Supermarket, Online, and Others.

  • Organic or conventional chocolate spreads are popular products sold in supermarkets and hypermarkets by various local and international brands. These stores attract a large number of consumers and are usually located in the central parts of a city. The prices of products in these stores vary depending on brands, which gives customers the option of choosing products from various brands depending on their budget.
  • Owing to the COVID-19 pandemic, consumers have started to change their shopping habits and prefer shopping online as it helps in avoiding direct contact with others. Key players in the industry are launching e-commerce websites in lucrative markets. The pandemic has triggered a digital explosion across many sectors, including the organic food market.

Organic Chocolate Spread Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies & Market Share Insights

The market is becoming highly competitive owing to the presence of a large number of small- and medium-scale regional players in this segment. Companies have been launching products to meet the changing consumer demands. In November 2020, Choco Group, UAB launched organic chocolate spreads under its Mulate brand. These spreads are available in caramel, tahini, hemp, blackcurrant, and nut flavors. In August 2020, the Violife brand launched Cocospread, a vegan and organic chocolate spread, in the U.K. Cocospread is a dairy-, gluten-, & soya-free and certified vegan, halal, and kosher product. Some of the key players in the global organic chocolate spreads market include:

  • Nutiva, Inc.
  • Rigoni di Asiago
  • Phalada Pure & Sure
  • Askinosie Chocolate, LLC
  • The Organic Family Ltd. (Mr. Organic)
  • Cocofina
  • Mason & Co.
  • BIONA
  • Artisana Organics
  • Pana Organic

Order a free sample PDF of the Organic Chocolate Spreads Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Vegan Chocolate Confectionery Market: Asia Pacific Is Expected To Be The Fastest-Growing Region During The Forecast Years

Vegan Chocolate Confectionery Industry Overview

The global vegan chocolate confectionery market size is expected to reach USD 1.41 billion by 2028, registering a CAGR of 14.8% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness about animal cruelty and the rise in environmental protection campaigns are expected to be the major factors contributing to the growth of the market. Vegan chocolate confectionery is popular among consumers following a flexitarian or vegan diet or consumers having lactose intolerance and other food allergies.

The molded bars product segment led the market and accounted for the highest revenue share in 2020. Bar chocolates are the most consumed chocolate form in the world. According to a study conducted by Google, the top five chocolates titled as favorite chocolates in the world, based on their annual searches, are sold in the form of bars.

The milk chocolate segment accounted for the largest share in the market in 2020 on account of the high demand for these products due to their sweet and creamy taste. According to a study conducted by Google, in October 2019, Cadbury Dairy Milk chocolate was considered to be the most popular chocolate bar in the world. According to the same study, the classic milk chocolate bar received, on average, a total of 466,680 searches annually. These market trends are anticipated to increase the product demand.

Offline distribution channel accounted for the largest share of the global market in 2020. This segment is projected to retain its dominance throughout the forecast period owing to the consumer inclination toward shopping grocery products from supermarkets and convenience stores, where they can physically examine the product quality. The global market is fragmented with the presence of a large number of global and regional players.

Vegan Chocolate Confectionery Market Segmentation

Grand View Research has segmented the global vegan chocolate confectionery market on the basis of product, type, distribution channel, and region:

Based on the Product Insights, the market is segmented into Boxed, Molded Bars, Chips & Bites, and Truffles & Cups.

  • Molded bars held the largest revenue share of more than 42% in 2020 and is expected to maintain the leading position over the forecast period. Bar chocolates are the most consumed chocolate form in the world. They are popular among consumers owing to their convenient size.
  • The chips & bites segment is anticipated to register the fastest CAGR from 2021 to 2028. Chips & bites are primarily used for cooking purposes. With the rising demand for premium bakery products for various festivals as well as for small occasions, the demand for chips & bites is also rising. 

Based on the Type Insights, the market is segmented into Milk, Dark, and White.

  • Milk was the largest product segment with a share of more than 39% in 2020. Major players in the market are launching their renowned chocolate confectionery in a vegan version too. With this strategy, the company can enjoy the brand loyalty of customers across the globe and result in higher sales of such products.
  • Cadbury Dairy Milk chocolate was considered to be the most popular chocolate confectionery bar in the world. Vegan dark chocolate confectionery is anticipated to be the fastest-growing product segment from 2021 to 2028. 

Based on the Distribution Channel Insights, the market is segmented into Online, and Offline.

  • The offline distribution channel segment accounted for the largest share of more than 75% in 2020. The segment is projected to retain its dominance throughout the forecast period owing to the high consumer inclination toward shopping grocery products from supermarkets and convenience, specialty, & grocery stores.
  • Wicked Kitchen, a vegan brand in the U.K., launched its first-ever vegan cupcakes through Tesco supermarkets in the U.K. The online distribution channel segment is expected to register the fastest CAGR from 2021 to 2028. 

Vegan Chocolate Confectionery Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies & Market Share Insights

The market is characterized by the presence of a few well-established and several small- and medium-scale players. The manufacturing companies have been launching new products to attract more customers. For instance, in September 2020, Lindt & Sprungli inaugurated the Lindt Home of Chocolate in Switzerland. The facility showcases a unique chocolate competence center, attractive museum, and open-view production plant. Some of the key players operating in the global vegan chocolate confectionery market include:

  • Alter Eco
  • Equal Exchange Coop.
  • Endorfin
  • Chocoladefabriken Lindt & Sprüngli AG
  • MondelÄ“z International
  • Goodio
  • Montezuma’s Direct Ltd.
  • Evolved

Order a free sample PDF of the Vegan Chocolate Confectionery Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Covid-19 Saliva Screening Test Potential Market Trend Analysis On The Basis Of Location, Technology, Mode, And Region

COVID-19 Saliva Screening Test Potential Industry Overview

The global COVID-19 saliva screening test potential market size is expected to reach USD 3,406.2 billion by 2023, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 4.8% from 2021 to 2023. The rise in demand for rapid, efficient, saliva-based screening tests has positively impacted market growth.

This is primarily due to the various advantages offered by saliva-based tests, increasing product approvals by regulatory bodies, and a paradigm shift toward point-of-care testing. The fluorescence-labeled antigen/antibodies test is one of the recent saliva-based COVID-19 screening tests in the market which is based on the principles of fluorescence detection, biochemistry, robotics automation, and cloud computing.

As the number of people visiting public places is increasing and reaching pre-pandemic statistics in a few countries, there is a growing demand for rapid, point-of-care COVID-19 tests to mitigate viral transmission from asymptomatic people. This has enhanced the R&D for the development of simple yet effective saliva-based tests and is expected to create lucrative opportunities for several developers.

COVID-19 Saliva Screening Test Potential Market Segmentation

Grand View Research has segmented the global COVID-19 saliva screening test potential market on the basis of location, technology, mode, and region:

Based on the Location Insights, the market is segmented into Travel Stations, Sports Arenas, Concert Halls, Shopping Malls and Centers, Amusement Parks, Corporate Campus Environments, Universities & Colleges, and Factories.

  • Unlike other low-throughput or individual screening solutions, saliva-based screening tests can be easily implemented at various locations such as travel stations, sports arenas, concert halls, shopping malls, amusement parks, corporate campus environments, universities and colleges, and manufacturing factories.
  • Amid the ongoing SARS-CoV-2 pandemic, air travel has fallen sharply, leading to a significant reduction in foot traffic at airports. This has severely impacted the economy leading to the screening of passengers becoming a necessity for airports and airlines to curb virus transmission.

Based on the Technology Insights, the market is segmented into Fluorescence-labeled antigen/antibodies testing, RT-PCR, and CRISPR-Cas9.

  • The fluorescence-labeled antigen/antibodies testing segment dominated the market for COVID-19 saliva screening test potential and accounted for the largest revenue share of 99.9% in 2020. Fluorescence-labeled antigen/antibodies testing LLC makes use of the CompleTest platform to diagnose an array of viral infections, including SARS-COV-2. 
  • The U.S.FDA has characterized these tests as rapid and suitable for point-of-care diagnosis, aimed at ramping up testing capacity, especially in the U.S. Acknowledgment of the pivotal role of antigen-based COVID-19 tests by the FDA has provided profitable opportunities for the expansion of Fluorescence-labeled antigen/antibodies testing’s business.

Based on the Mode Insights, the market is segmented into Centralized Testing, and Decentralized Testing.

  • The decentralized testing segment dominated the market COVID-19 saliva screening test potential and accounted for the largest revenue share of 96.2% in 2020. Increasing adoption of saliva-based COVID-19 screening tests by several developers contributes to the revenue generated by this segment.
  • Centralized settings can play an integral role in the saliva-based diagnosis of SARS-CoV-2 infections, as these are not rapid tests that can be performed near the patient. Ease of sample collection, minimization of collection supplies required for saliva testing, reduced tests in the testing protocol, and access to instruments are some of the reasons that can be attributed to the strong focus on saliva-based COVID-19 diagnosis across centralized settings.

COVID-19 Saliva Screening Test Potential Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies & Market Share Insights

The market COVID-19 saliva screening test potential is expected to witness tremendous growth in the coming years. The increasing number of product approvals, emergency use authorizations by regulatory bodies, and technological collaborations between operating players have intensified market growth.

In February 2021, George Mason University in Fairfax initiated COVID-19 testing using the Fluidigm Corporation’s Advanta Dx SARS-CoV-2 RT-PCR Assay. This assay is being used on the Fluidigm Biomark HD system. In addition, in April 2021, Quidel Corporation signed a distribution agreement with McKesson Corporation to increase the availability of at-home COVID-19 testing services. Such initiatives have increased market potential for saliva-based COVID-19 screening tests. Some of the prominent players in the global Covid-19 saliva screening test potential market include:

  • ARUP Laboratories
  • Vatic Health
  • MOgene
  • Psomagen Inc.
  • DxTerity Diagnostics, Inc.
  • Ambry Genetics
  • Fluidigm Corporation
  • Phosphorus Diagnostics LLC
  • Gravity Diagnostics
  • DNA Genotek, Inc.
  • Quidel Corporation
  • Abbott
  • LumiraDX
  • FluroTech Ltd.

Order a free sample PDF of the COVID-19 Saliva Screening Test Potential Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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U.S. Range Cooker Market Size, Share & Trends Analysis Report 2021 – 2028

U.S. Range Cooker Industry Overview

The U.S. range cooker market size is anticipated to reach USD 2.66 billion by 2028, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The deployment of stylish and functional appliances in kitchens with multi-functionality features is an ongoing trend in the residential sector. This, combined with the trend of remodeling homes to build and accommodate modular kitchens, is resulting in fast-paced product adoption in the country.

Consumers’ focus on attracting a higher resale value from remodeling projects has also driven the prominence of range cookers in homes. For instance, minor kitchen remodeling can lead to an average of 81.1% of the reoccupied cost, whereas major kitchen remodeling can lead to a 59.0% return on the cost. Thus, consumers are loosening their purse strings and building high-end kitchens for their homes by installing advanced cooking appliances.

The growing trend of food away from home is resulting in the increasing number of restaurants, hotels, resorts, food stations, and other commercial eateries across the country. Consumers seek quality and tasty food with minimum waiting time, compelling owners of food joints to invest in modern and integrated cooking appliances. These outlets need high-capacity and efficient kitchen appliances to be able to serve large masses in a short time while also focusing on the quality of the food they serve. Range cookers are ideal for such commercial applications. Thus, product adoption in restaurants and eateries is projected to grow in the coming years.


U.S. Range Cooker Market Segmentation

Grand View Research has segmented the U.S. range cooker market on the basis of size, price range, application, and distribution channel:

Based on the Size Insights, the market is segmented into 20”, 24”, 30”, and Above 30”.

  • The above 30” segment dominated the market with a share of more than 60% in 2020. This segment is projected to expand further at a steady CAGR over the forecast period. Range cookers, which are sized above 30” are generally used in commercial kitchens, such as restaurants and hotels. 
  • The 30” size segment is projected to register the maximum CAGR of more than 8% from 2021 to 2028. 30” range cookers are much more versatile than a regular cooker as they offer more settings, functions, and cooking options. Many even feature a separate grill so that one can grill and roast food at the same time. 

Based on the Price Range Insights, the market is segmented into USD 1,000 & Below, USD 1,001 – USD 3,000, USD 3,001 – USD 5,000, and Above USD 5,000.

  • The above USD 5,000 price range segment led the market in 2020 by accounting for a revenue share of over 48%. A large number of manufacturers offer high-end range cookers in the country, some of which are Viking, KitchenAid, Thermador, Dacor Monogram, and Bertazzoni.
  • The USD 3,001 – USD 5,000 price range segment is projected to register the fastest CAGR over the forecast period. Manufacturers offering range cookers priced between USD 3,001 to 5,000 include GE, Fisher & Paykel, Bosch, Café, KitchenAid, and ZLINE.

Based on the Application Insights, the market is segmented into Residential, and Commercial.

  • The residential application led the market with a revenue share of more than 80% in 2020. Manufacturers offer an impressive array of products for residential consumers. These are either all-electric, all-gas or dual fuel-where they combine two sources, usually gas and electricity.
  • The commercial application segment is projected to have a significant growth rate over the forecast period. Hotels, restaurants, and other eateries can be seen preparing meals in minutes. Similar instances can be seen in most reality cooking shows.

Based on the Distribution Channel Insights, the market is segmented into Online, and Offline.

  • The offline segment dominated the market in 2020 accounting for a revenue share of more than 95%. The segment is estimated to retain the dominant position throughout the forecast period as it is the most preferred distribution channel owing to the provision of detailed instructions about product features and installation services by specialists.
  • The online segment is projected to register the fastest CAGR over the forecast period on account of the growing familiarity and dependence of millennials, generation X, and generation Z on e-commerce and the Internet. Value-added services, including cash-on-delivery, discounted prices, and paybacks offered by e-retailers, are expected to drive the growth of e-commerce in the coming years.

Key Companies & Market Share Insights

The market is characterized by the presence of a few well-established players. Major companies in the market have been implementing various expansion strategies, such as partnerships and new product launches, to stay ahead in the market. An increasing number of players in the industry are turning their focus toward the introduction of innovative products. For instance, in March 2020, Whirlpool Corporation announced the official opening of its new state-of-the-art Factory Distribution Center (FDC) adjacent to its existing manufacturing plant in Tulsa, Oklahoma. The existing plant produces freestanding and slide-in ranges under the Whirlpool, Amana, Maytag, KitchenAid, and JennAir brands.

Recent Development

In February 2022, GE Appliances (GEA), announced a new lineup of GE ProfileTM laundry and kitchen innovations related to technological advances that create innovative solutions for modern lifestyles. Through voice, AI, and smart upgrades enable high convenience in consumer lives.

Some of the key companies in the U.S. range cooker market are:

  • Amana
  • GE Appliances
  • Samsung
  • Premier
  • Monogram
  • LG KitchenAid
  • Frigidaire
  • Viking
  • Thermador
  • Dacor
  • Whirlpool

Order a free sample PDF of the U.S. Range Cooker Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

U.S. Fruit Puree Market Is Expected To Expand At A CAGR Of 5.4% From 2021 To 2028

U.S. Fruit Puree Industry Overview

The U.S. fruit puree market size is expected to reach USD 1.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2021 to 2028. The strong demand for packaged convenience foods among consumers in the U.S. has been driving the market over the next few years. The high penetration of food and beverage companies has widened the scope for the product in the U.S.

The tropical and exotic segment led the market in 2020 with the largest revenue share. The use of banana, coconut, mango, guava, papaya and pineapple in various food and beverages has fueled the demand for these products across the world. Additionally, brewers, bakers, and confectioners have been using these products significantly for flavoring beer, bakery, and confectionery products.

The beverages application segment dominated the market with the largest revenue share in 2020. Orange juice and apple juice are the most popular fruit juices in the country. Fruit-based smoothies are also gaining traction among young and health-conscious consumers owing to their many benefits, such as aiding in weight loss. Additionally, the high nutritional content of smoothies makes them a perfectly healthy snack.

Key companies have been making strategic moves to firmly establish a hold in the market. In June 2019, AGRANA Beteiligungs-AG presented its new products at the IFT Food Expo, the international food industry trade fair in New Orleans, U.S. The product range includes fruit preparations and starches such as solutions for vegan dairy products. This will expand its customer base in the country.

U.S. Fruit Puree Market Segmentation

Grand View Research has segmented the U.S. fruit puree market on the basis of product and application:

Based on the Product Insights, the market is segmented into Tropical & Exotic, Citrus, Berries, Apple, Pears, and Others.

  • The citrus segment dominated the market for fruit puree in the U.S. and accounted for the largest revenue share of more than 25.0% in 2020. The category includes fruit puree made of oranges, lemons, mandarin, grapefruit, and others. Citrus products are rich in multiple nutrients such as vitamin C, flavonoids, and fiber which help in improving gastrointestinal function and health and play an important role in preventing diseases such as cancer, diabetes, neurological disease.
  • The apple segment is expected to expand at a CAGR of 5.6% over the forecast period. This puree is served with granola, yogurt, or chia pudding. It is used in smoothies, soups, and desserts, and can even be used to bake muffins and cakes. It has been traction as baby food due to its high nutritional value as apple contains various phytonutrients and antioxidants such as including dietary fiber, vitamin B-complex and C, and beta carotene.

Based on the Application Insights, the market is segmented into Beverages, Bakery, Snacks, Baby Food, Desserts, and Others.

  • The beverages segment dominated the U.S. fruit puree market and accounted for the largest revenue share of more than 30.0% in 2020. A large variety of beverages are made the product, including smoothies, cocktails, mocktails, and juices. These offer a pure and natural taste, combined with a full-bodied mouthfeel. 
  • A variety of snacks are prepared using the product, such as snack bars, yogurts, gummies, and candies. These are considered healthy for munching between meals. As purees are concentrated, they increase the shelf life of the prepared snacks. These are also considered fit for munching between workout sessions due to the natural sugars, which provide all the energy the muscles need during a workout.

Key Companies & Market Share Insights

The industry is fragmented in nature with numerous large and small players. Product launches have also been considered as a major strategic move for companies to retain their client base. In July 2020, Tree Top Fruit Ingredients launched its Tree Top Fruit+Water pouches. These hydrating pouches are made with 50% juice designed for kids. These pouches are single-serve and low-sugar beverages, enriched with vitamin C. They are available in four flavors-grape, fruit punch, tropical, and berry. Some of the prominent players in the U.S. fruit puree market include:

  • Döhler Group
  • Ingredion Incorporated (Kerr Concentrates)
  • AgranaBeteiligungs-AG
  • DennickFruitsource, LLC
  • Grünewald International
  • Tree Top Fruit Ingredients
  • Uren Food Group Limited
  • Kendall Frozen Fruits, Inc.

Order a free sample PDF of the U.S. Fruit Puree Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Europe Reusable Water Bottle Market Is Expected To Expand At A CAGR Of 4.1% From 2021 To 2028

Europe Reusable Water Bottle Industry Overview

The Europe reusable water bottle market size is expected to reach USD 2.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% from 2021 to 2028. The increasing threat of plastic pollution, coupled with the severe environmental consequences of single-use and disposable water bottles, is propelling the demand for reusable bottles. An average reusable bottle ranges from USD 5 to USD 10. An average plastic bottle costs around USD 1 but could range up to USD 3 depending on the type. Although plastic bottles are cheaper per bottle, they are much more expensive in the long run, both in terms of individual spending and environmental degradation.

Consumers across the region are increasingly opting for reusable water bottles at workplaces, colleges, schools, and homes. These reusable bottles reduce the plastic burden on landfills, the main cause of groundwater pollution. Moreover, the growing awareness regarding the harmful environmental effects of disposable and single-use plastic bottles, along with a significant increase in plastic waste in oceans and landfills, is promoting the use of reusable water bottles.

According to the statistics provided as part of Beat Plastic Pollution, a UN Environment Program, around one million plastic drinking bottles are purchased every minute across the globe. These bottles are mainly responsible for the large-scale plastic pollution across the oceans and landfills. The same source also indicated that approximately 348 million tons of plastic are generated across the globe every year. Europe accounts for 60 million tons, about half of which gets thrown away and only about 30% of that waste is recycled.

Reusable stainless steel water bottles have become a popular choice among consumers owing to their temperature control attributes. The metal is capable of retaining the temperature of hot or cold water as desired. The insulated design of steel bottles has been widely appreciated by consumers. In addition to positive customer feedback, the FDA’s declaration on the safety of stainless steel has driven manufacturers to introduce these products in trendy and user-friendly designs.

E-commerce is becoming popular as the most preferred distribution channel owing to the high convenience associated with it. Customers are buying these bottles through online portals as a wide range of products is available. In addition, in the wake of the COVID-19 pandemic, consumers have refrained from physical shopping and largely opted for online purchases. This scenario has driven the manufacturers, both local and established ones, to increasingly distribute their products via online channels. For instance, this trend has encouraged many new entrants and existing companies such as 24Bottles, The Friendly Cup, and United Bottles to drive up sales using online traction.

With a fine blend of technological innovation and customization, the market is exploring new aspects of product development. For instance, in 2018, LARQ launched the world’s first self-cleaning water bottle as well as the largest crowdfunded effort for a clean water initiative, with over USD 1.7 million raised in funding. The company witnessed a 400% increase in revenue year-on-year in 2020 and an 80% increase in conversion rate in 3 months.


Europe Reusable Water Bottle Market Segmentation

Grand View Research has segmented the Europe reusable water bottle market on the basis of material, type, distribution channel, and country:

Based on the Material Insights, the market is segmented into Glass, Aluminum, Plastic, Silicone, Steel, and Others (Copper, Brass).

  • The plastic segment dominated the market with a share of over 32.0% in 2020. The demand for plastic-based reusable bottles is increasing among consumers owing to the large availability of the product as a result of the low cost of manufacturing by producers.
  • The steel segment is projected to expand at the fastest revenue-based CAGR of 5.0% from 2021 to 2028. Since water is packed in plastic bottles for long durations under various conditions dissolves harmful chemicals from the bottle surface, and thereby does not meet the safe drinking water standards and is unfit and unhealthy for consumption.

Based on the Type Insights, the market is segmented into Insulated, and Non-insulated.

  • The non-insulated segment dominated the market with a share of over 77.0% in 2020. Aided by local government initiatives, various European countries have been installing water refilling stations at public places. Such initiatives include the Join the Pipe project in the Netherlands, the Refill campaign by City to Sea in the U.K., and Refill Deutschland in Germany.
  • The insulated segment is projected to expand at the fastest revenue-based CAGR of 5.6% from 2021 to 2028. The segment growth is fueled by the increasing demand for thermal water insulation in varied climates. With the growing adoption and popularity of vacuum insulation technology, companies such as Thermos, S’well, and Hydro Flask have been incorporating the same into their products to boost sales.

Based on the Distribution Channel Insights, the market is segmented into Online, and Offline.

  • The offline segment dominated the market with a share of 87.0% in 2020. The offline channel includes hypermarkets/supermarkets, convenience stores, and specialty stores. Business owners directly buy from either specialty stores or hypermarkets as the price and product availability is better in a store than on websites or e-commerce platforms.
  • The online segment is projected to expand at the fastest revenue-based CAGR of 6.3% from 2021 to 2028. The rise in the penetration of e-commerce and smart devices, easy payment options, and discount offers are the factors contributing to the growth of this segment.

Key Companies Profile & Market Share Insights

The European market for reusable water bottle is highly fragmented due to the presence of a few established players and several small and medium companies. The impact of major players on the market is quite high as a majority of them have vast distribution networks to reach out to a large customer base. A majority of the new companies in the market are focusing on establishing a portfolio of stainless-steel bottles as they are naturally BPA-free and an excellent alternative to single-use plastics. Some prominent players in the Europe reusable water bottle market include:

  • Tupperware Brands Corporation
  • SIGG Switzerland AG
  • CamelBak Products, LLC
  • S’well
  • Hydro Flask
  • Klean Kanteen
  • Contigo
  • Hydaway

Order a free sample PDF of the Europe Reusable Water Bottle Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Drug Testing Market Size To Be Valued At USD 11.7 Billion By 2028

Drug Testing Industry Overview

The global drug testing market size is expected to reach USD 11.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2021 to 2028. The introduction of innovative tests, stringent regulation mandating drug testing, and growing substance abuse & addiction are some of the factors anticipated to foster market growth during the forecast period. 

Drug abuse and addiction is a global problem, affecting millions of people. As per the World Drug Report published by UNODC, in 2019, around 35.0 million people were suffering from drug use disorders globally. Such a high rate of drug abuse and substance use disorders has created a major demand for innovative tests to prevent, treat, and manage such cases. Several key players operating in this space are introducing innovative and efficient products to meet this growing demand.

For instance, in June 2019, Quidel Corporation received the U.S. FDA’s 510(k) clearance to market its fluorescence immunoassay—Quidel Triage TOX Drug Screen, 94600. This is intended for detecting the presence of metabolites or drugs in urine. Moreover, in June 2020, Cordant Health Solutions offered video-observed oral fluid drug testing to help courts & government agencies to monitor participants during the COVID-19 pandemic. This aided in combating several challenges faced by people with substance abuse disorders during the pandemic.

Continuous government initiatives and implementation of strict substance abuse testing regulations to ensure safety have derived the demand for its testing products. In July 2020, the New Zealand government introduced a new bill that provides police the power to conduct random roadside drug testing of drivers to reduce impaired driving in the country. The new bill allows usage of oral fluid tests to check drivers for substances such as cocaine, ecstasy, cannabis, opiates, methamphetamine, and benzodiazepines. Also, in February 2020, the Directorate General of Civil Aviation in India introduced extensive tests for pilots and flight crew members for psychoactive substances such as opioids & cannabis to ensure safe air travel.


Drug Testing Market Segmentation

Grand View Research has segmented the global drug testing market on the basis of product type, sample type, drug type, end use, and region:

Based on the Product Type Insights, the market is segmented into Consumables, Instruments, Rapid Testing Devices, and Services.

  • The consumables segment dominated the market in 2020 with a revenue share of 34.3%. The increasing launch of advanced consumables that provide improved solutions to make testing easy, accurate, and fast have accelerated the market growth.
  • The services segment accounted for the second-largest revenue share in 2020. An increase in strategic initiatives being undertaken by various companies such as acquisitions, collaborations, and partnerships to support public safety and government agencies, has propelled the segmental growth.

Based on the Sample Type Insights, the market is segmented into Urine Samples, Oral Fluid Samples, Hair Samples, and Other Samples.

  • The urine samples segment dominated the market and accounted for the largest revenue share of 40.8% in 2020. The segment is projected to grow at the fastest rate during the forecast period. This high growth can be attributed to the fact that urine samples are the most commonly used sample type to detect the presence of illicit substances.
  • The oral fluid sample segment accounted for the significant market share as it is a quicker and less invasive sample to collect at the roadside. According to NCBI 2020 study, a survey conducted among staff as well as patients concluded that oral fluid samples are preferred over urine samples as they help save time and maintain dignity, regardless of the extra costs.

Based on the Drug Type Insights, the market is segmented into Alcohol, Cannabis/Marijuana, Cocaine, Opioids, Amphetamine & Methamphetamine, LSD, and Others.

  • The cannabis/marijuana segment dominated the drug testing market and accounted for the largest revenue share of 25.9% in 2020. This can be attributed to the fact that marijuana or cannabis is the most commonly used illicit substance in key markets, thus creating a high demand for its testing kits and instruments. 
  • The Opioids segment held the second-largest revenue share in 2020. This high share can be attributed to increased opioid crises in key markets including North America and the introduction of innovative opioid testing solutions.

Based on the End-use Insights, the market is segmented into Drug Testing Laboratories, Workplaces, Hospitals, and Others.

  • Drug testing laboratories dominated the market and held the largest revenue share of 36.0% in 2020. This high share can be attributed to their wide acceptance due to their accurate results. Drug testing laboratories can test for the presence of any illicit substance, which is not possible with rapid tests.
  • Workplaces are projected to be the fastest-growing segment over the forecast period owing to the rising use of substance abuse screening in pre-employment as well as random drug tests to ensure drug-free premises. Moreover, in case of workplace accidents, drug tests can be used to check if the accident happened under influence of drugs, thus removing the responsibility of the employer for damages.

Drug Testing Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Key companies are engaged in different growth strategies such as new product development, mergers and acquisitions, and geographical expansion to capture larger shares in the market. For instance, in April 2019, Thermo Fisher Scientific launched CEDIA Mitragynine (Kratom) Assay for criminal justice and forensic use. Some of the prominent players in the global drug testing market include:

  • Quest Diagnostics Incorporated
  • Abbott Laboratories
  • Quidel Corporation
  • F. Hoffmann-La Roche
  • Thermo Fisher Scientific, Inc.
  • Siemens Healthineers
  • Bio-Rad Laboratories, Inc.
  • Agilent Technologies, Inc.
  • LabCorp
  • Drägerwerk AG & CO. KGaA
  • Clinical Reference Laboratory (CRL), Inc.
  • Cordant Health Solutions
  • Legacy Medical Services, LLC
  • Omega Laboratories, Inc.

Order a free sample PDF of the Drug Testing Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

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