Sports Drug Testing Market is expected to reach US$ 20.6 Billion by 2032, at a CAGR of 17.5%
The global Sports Drug Testing market size is anticipated to be worth US$ 13.4 billion in 2022 and US$ 20.6 billion in 2032. The global application of severe rules demanding alcohol and drug testing by government agencies is likely to promote growth in the future decade.
Drug usage happens at all levels of competition and in all sports, resulting in major health issues. Drugs are addictive and are commonly utilised as performance-enhancing substances. The expansion of the Sports Drug Testing market is mostly owing to an increase in the use of performance-enhancing drugs in sports.
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Thus, drug abuse in sports needs to be controlled and monitored and the evaluation can be done using Sports Drug Testing devices.
WADA (World Anti-Doping Agency) uses Sports Drug Testing technology to assess and analyse competitors to see if they have consumed any steroids before or during the competition. The key driving force for the growth of the Sports Drug Testing market is the government’s strict restrictions regulating the consumption of certain dangerous medicines.
The Sports Drug Testing industry is also predicted to expand as the government and sports organisations increase their use of Sports Drug Testing technologies. However, some factors are impeding the growth of the Sports Drug Testing market throughout the projection period, such as a lack of skilled technicians and lower accuracy of Sports Drug Testing devices.
Sports Drug Testing Market: Drivers and Restraints
The higher adoption rate of Sports Drug Testing devices is mostly due to improved knowledge of these technologies. Furthermore, many sporting organisations have outlawed the use of performance-enhancing substances and impose stringent punishments for anybody caught using them.
These developments will fuel the expansion of the Sports Drug Testing industry. However, the availability of low-cost alternatives to Sports Drug Testing devices, as well as the high cost of Sports Drug Testing devices, may impede the growth of the Sports Drug Testing market during the forecast period.
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Sports Drug Testing Market: Overview
Over the projected period, the Sports Drug Testing market is expected to rise at a rapid pace. Drug misuse prevention in sports is required to protect athletes from major health hazards and to promote drug-free and fair competition among all competitors.
The WADA (World Anti-Doping Agency) core paper outlined anti-doping laws, policies, and regulations among public authorities and sports organisations around the world. It also included detailed lists of forbidden procedures and substances, guidelines to protect athletes’ privacy, and Sports Drug Testing standards.
Sports Drug Testing Market: Regional Outlook
Geographically, the worldwide Sports Drug Testing market is divided into eight regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding China and Japan, China, Japan, and the Middle East and Africa. Because of the rigorous restrictions and penalties for athletes who take drugs in sports, North America is likely to have the largest market share in the global Sports Drug Testing market.
Due to increased drug abuse cases and less stringent drug use legislation, the Asia Pacific Sports Drug Testing market is expected to develop at the fastest rate with the highest CAGR over the forecast period.
Sports Drug Testing Market: Key Players
Some of the key players in the global Sports Drug Testing market are Siemens Healthcare GmbH, Dragerwerk AG & Co. KGaA, JMB Enterprises Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., Quest Diagnostics Incorporated, Alere, Inc., Lifeloc Technologies Inc., Pz Cormay, Idexx Laboratories and others.
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Key Segments Profiled in the Sports Drug Testing Industry Survey
By Product Type:
- Equipment
- Immunoassay Analyzers
- Chromatography Instruments
- Alcohol Breath Analyzers
- Rapid Testing Devices
- Urine Testing Devices
- Oral Fluid Testing Devices
- Consumables
- Assay kits
- Sample Collection Cups
- Others
By Sample Type:
- Urine
- Blood
- Oral Fluid
- Breath
- Hair
- Others
By End User:
- Hospitals
- Government Departments
- Drug Rehabilitation Centers
- Pain Management Centers
- Drug Testing Laboratories
- Others
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