Sales in the Rapid Oral Fluid Screening Devices Market Soar through Key End-use Industries, Projects Fact.MR

Worldwide sales of rapid oral fluid screening devices are estimated to surpass 17,700 thousand units in 2019, up from nearly 16,500 units in 2018. The growing demand for of rapid oral fluid screening devices can be attributed to the ever-augmenting cases of drug abuse and alcoholism in many countries across the globe. Tougher regulations and mandates for drug and alcohol testing continue to induce momentum in this market.

Rapid Oral Fluid Screening Devices Market – Key Insights 

  • The rapid oral fluid screening devices market registered growth at a CAGR of over 4% during the period, 2013–2017. The growth rate of rapid oral fluid screening devices market can be attributed to a cohort of factors, such as growing alcohol & drug consumption. Moreover, stringent regulations put into place for mandatory drug & alcohol testing are also working in favor of the manufacturers of oral fluid screening devices.
  • The 6-panel saliva test kits segment accounted for over 30% revenue share in 2017 and will continue to be the ‘top-selling’ variant among all other product types in the rapid oral fluid screening devices market.
  • North America will continue to be the leading market for rapid oral fluid screening devices alongside the ever-increasing instances of drug abuse & alcoholism. Nearly 19.7 million adults (aged 12 & older) suffered from substance use disorder resulting in adverse effects on health, according to a study by the National Survey on Drug Use and Health (NSDUH).
  • South Asia will emerge as a high-growth market for rapid oral fluid screening devices on account of rising cases of illicit drug usage. Strenuous efforts to prevent drug abuse by governments of leading South Asian countries are likely to propel growth of this regional market.

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As per the research study, oral fluid serves as a viable medium for drug testing, on account of the convenience to collect and low risks of sample adulteration. Results obtained via oral fluid offer better understanding of the impact of drug abuse and seamless evaluation of an individual’s behavioral changes. As per the report, shorter window of time will continue being a key growth inhibitor of rapid oral fluid screening devices market. Drugs ingested in less than around 24 hours and cannabis ingested in less than around 4 hours are effectively detected by these devices, which makes them a misfit in case of challenging and prolonged screening sessions. This, in turn, is likely to pose significant challenges for the manufacturers in the rapid oral fluid screening devices market.

End-Users Prefer Strips as Ideal Rapid Oral Fluid Screening Devices over Swabs and Cassettes

According to the research study, end-users are likely to opt for strips over swabs and cassettes, with global sales anticipated to exceed 11,400 thousand units in 2019. Easy-to-carry with minimum inconvenience involved makes strip a feasible option as compared to other forms of rapid oral fluid screening devices. In addition, strips are highly cost-effective as compared to swabs and cassettes, which makes it a viable investment for end-users who value frugality. As per the report, Europe and North America represent are likely to brim with opportunities for the key players of rapid oral fluid screening devices market, on account of the highest rates of illicit drug usage.

One of the pervasive trends favoring the growth of rapid oral fluid screening devices market is the ever- growing trend of workplace drug testing. More and more number of employers are conducting oral fluid testing sessions for post-accident, pre-employment, and randomized drug tests using rapid oral fluid screening devices. This process of drug test results in multiple financial and practical benefits, providing enough credence to its importance in dynamic workplaces.

The research report by Fact.MR offers incisive insights into the forecast analysis of rapid oral fluid screening devices market. As per the report, the rapid oral fluid screening devices market is estimated to grow at a value CAGR of over 7% during the forecast period. 

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