Posted 1/29/2024, 11:09:00 PM
Oral Fluid Screening Market Forecast to Hit $18.78 Billion by 2028, Driven by Rising Drug Abuse and Advancing Technology
- Rapid oral fluid screening device market projected to reach $18.78 billion by 2028, with a 15.34% CAGR from 2023-2028
- Strip-based devices seeing high adoption due to ease of use, cost-effectiveness and portability
- North America dominating market growth due to high drug abuse rates and stringent regulations
- Competitive landscape defined by innovation and leading players expanding market presence
- Growth outlook positive, driven by awareness, regulations, technology advancements