In 2017, the European drug of abuse (DOA) testing market generated a revenue of $1.7 billion. Furthermore, the market is predicted to progress at a CAGR of 9.6% from 2018 to 2023 and reach a valuation of $3.0 billion by 2023.
The rising public awareness about alcohol and drug addiction problems among young individuals and the rapid technological advancements being made in DOA testing equipment are the main factors fueling the progress of the market.
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The Western and Eastern European regions are famous for high alcohol consumption. Moreover, the soaring disposable income of the people residing in these regions and the high alcohol consumption levels are fueling the surge in the occurrence of alcohol-related ailments. As per the findings of the World Health Organization (WHO), Eastern European countries have high disability and mortality rates, because of higher alcohol consumption in these countries than the Western European ones.
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Depending on end user, the market is classified into laboratories, hospitals, at-home, and workplace. Amongst these, the hospitals category recorded the highest growth in the market in the past years. This was because of the high focus of the governments of many European countries toward improving the healthcare infrastructure. The abundant availability of skilled workers in the region also contributed toward the high growth of the category in the market in the past.
The European drug of abuse market registered the highest growth in the U.K. in the years gone by. According to the findings of P&S Intelligence, a market research company based in India, the U.K. held the highest share in the market and generated a revenue of over $270.0 million in 2017. Furthermore, the market is expected to demonstrate the fastest growth in the U.K. in the forthcoming years, on account of the rising prevalence of drug abuse cases in the country.
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