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Drug & Alcohol Test Kit Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Drug & Alcohol Test Kit Manufacturing Market Research Report | Life Sciences | Invitro Diagnostics | Feb 2014

The Drug & Alcohol Test Kit Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Alere Inc. Alere Inc. market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
0.9%
Annual Growth 14-19
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Profit
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Employment
4,271
Businesses
40
Industry Analysis & Industry Trends

Over the five years to 2014, the Drug and Alcohol Test Kit Manufacturing industry experienced relatively slow growth. Thanks to the recession, downstream factors such as the demand for alcohol and per capita disposable income affected demand for industry products, as consumers switched from high-accuracy, multi-drug products to the industry's more affordable, simpler offerings. Over the next five years, however, industry revenue is expected to increase due to the recovering economy and bolstered international trade.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Drug and Alcohol Test Kit Manufacturing industry is in the mature phase of its life cycle. During the ten years to 2019, industry value added, which measures the industry's contribution to the economy, is expected to grow an annualized 1.5%, while GDP is expected to grow 2.7% over the same period. Industry value added took a hit during the recession, when wage spending and profit margins were low due to decreased downstream demand for industry products. However, profit margins are expected to increase in the next five years, driving growth in industry value added over the same period. Industry value added growth will likely fall in line with US GDP growth in the five years to 2019, indicating a mature industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Drug & Alcohol Test Kit Manufacturing Industry?

This industry manufactures home diagnostic kits that test for the presence of alcohol or drugs of abuse in an individual. This industry's products are intended for home use, although some tests may require a tester to send a sample to an authorized laboratory.

Industry Products
Urine testsHair testsSaliva tests
 
Industry Activities
Develops, manufactures and distributes home drug test kitsDevelops, manufactures and distributes home alcohol test kits


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