Phencyclidine (PCP) Testing Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: LS241024 | Research Suite: Report (PDF) & Market Data (Excel)
Phencyclidine is one of potent drug with hallucinogenic
effects that causes severe psychological and physical effects. The
phencyclidine (PCP) testing is used in order to detect the presence of the drug
in the body through urine sample, blood sample or saliva. The test is conducted
at various settings including workplace, medical diagnostics, rehabilitation
centers, etc.
MARKET
OVERVIEW
The market valuation of the phencyclidine (PCP) testing market was valued at approximately USD xx billion in 2023 and is projected to reach USD xx billion in 2034 exhibiting a CAGR of xx.x% during the forecast period of 2024-2034. The market is aligned with healthcare sector, which makes it a sustainable and growing market.
GROWTH
DRIVERS
The rise in drug abuse cases coupled with the addiction of drugs is one of the significant drivers of the market. The National Insitute of Drug Abuse (NIDA) states that the drug abuse continues to be the significant problem among adjusts ab teenagers, the escalation of drug abuse drives market demand and growth. There are lots of countries like United States have mandatory workplace policies related to drug testing in high-risk industries such as transportation, construction, etc.
The enforcement of drug testing
policies supports the market growth. The increase in law enforcement and
forensic applications requires drug testing during criminal investigations
where Drug Enforcement Administration (DEA) highlights that PCP as a drug which
poses a significant threat or risk to public safety, ensuring market growth.
The technological advancements like faster testing methods with the help of
rapid test kids which is portable and enhanced accuracy, drives the expansion
of the market
MARKET
SEGMENTATION:
·
By Sample Type- urine,
saliva and blood
·
By Product Type- Rapid
Test Kits, consumables and reagents, laboratory testing equipment
·
By Method Type-
Chromatography with Mass Spectrometry, Immunoassay Tests, gas
chromatography-flame ionization detector, liquid chromatography-tandem mass
spectrometry
·
By End Users- hospitals
and clinics, laboratories, law enforcement agencies, research institutions and
rehabilitation centers
·
By Region- North America,
Europe, Asia Pacific, Middle & Africa and South America
Phencyclidine
(PCP) Testing Market Segment By Sample Type Review:
The urine-based testing is one of the most common methods that is used for the detection of PCP drug in the body as it is non-invasive and cost-effective and also widely accepted in diverse settings. The saliva or oral fluid testing is another popular type due to their noninvasive nature and the convince in the collection of the sample. The blood-based testing is the most accurate and reliable method as compared to the others because it measures the actual concentration in the blood stream but it is invasive in nature and requires hospital or forensic settings.
Phencyclidine
(PCP) Testing Market Segment By Product Type Review:
The rapid test kits are a point of care diagnostic tools,
providing quick and reliable results. These rapid testing kids are widely used
in different settings without the need for laboratory equipment. The
consumables and reagents including sample collection material, buffers, etc.,
necessary for accurate and reliable testing results. The laboratory testing
equipment includes the testing tools that are used for the confirmatory testing
of PCP, found in forensic labs, hospitals and research institutions.
Phencyclidine
(PCP) Testing Market Segment By Method Type Review:
The chromatography with mass spectrometry is widely renowned as gold standard for confirmatory of drug testings, involving the separation of the components of the sample provided and identifying on the basis of their mass. The immunoassays tests are widely used in the initial screening of the drug in biological samples and relies on the antibodies in order to detect the presence of the drug and are commonly utilized in the rapid test kits.
The gas
chromatography with flame with ionization detection is a kind of analytical
method that is used for the drug testing it detects ionized molecules as they
burn in flame for quantifying the amount of PCP in the sample. The liquid
chromatography tandem mass spectrometry is an advanced method offering high
precision detection and quantifying of PCP in various biological samples as it
separates the PCP from other compounds in a liquid medium and further utilizes
two mass spectrometers in series of greater accuracy.
Phencyclidine
(PCP) Testing Market Segment By End Users Review:
The hospitals and clinics are the primary users for the
medical diagnostics and emergency situations where the patients are suspected
to have drug intoxication or mental health crises. The clinical and forensic
laboratories performs the in-depth analysis and
testing of PCP, utilizing highly sensitive techniques. The law enforcement
agencies uses PCP testing for criminal
investigations in drug related offenses or drug possession cases. The
rehabilitation center test patients regularly for the drug use in order to
monitor and further assess programs in treatment programs, ensuring the
patients are free from drugs.
Phencyclidine
(PCP) Testing Market Segment By Regional Review:
North America is a significant market driven by the high prevalence of drug abuse where PCP is one of the common abused drugs coupled with stringent policies related to workplace and well-established healthcare infrastructure. Europe is a valuable market due to the factors including growing awareness and enforcement of drug testing with the presence of robust healthcare and rehabilitation centers.
Asia Pacific is a rapidly growing market driven by the rising substance abuse issues and international collaborations on drug policies like United nations Office on Drugs and Crimes (UNODC) in order to combat with drug trafficking and abuse. The Middle East and Africa market is expected to grow drive by the increase in the focus on law enforcement coupled with healthcare initiatives. South America is another market that is projected to grow driven by the growth in drug trafficking and abuse issues.
Key
Challenges:
These testing may show false positive as they are not foolproof and occasionally may yield false positives due to their cross-reactivity, leading to legal complications in workplace settings. Different countries and regions have diverse regulatory frameworks for drug testing where the variability in regulatory policies complicates the expansion of the market, hindering the market growth.
Competitive
Landscape:
In the highly competitive PCP testing market, companies are
investing heavily in research and development to innovate and improve their
products and services. They are also collaborating, forming strategic
partnerships, or acquiring other companies to gain access to new market
segments, enhance distribution networks, and increase market share.
Global
Key Players:
·
Thermo Fisher Scientific
·
Abbott Laboratories
·
Siemens Healthineers
·
Agilent Technologies
·
Roche
·
Bio-Rad
·
Quest Diagnostics
·
LabCorp
·
Rapid Labs
·
Narco Check
· Other Players
Attributes |
Details |
Base Year |
2023 |
Trend Period |
2024 – 2034 |
Forecast Period |
2024 – 2034 |
Pages |
215 |
By Sample Type |
Urine, Saliva and Blood |
By Product Type |
Rapid Test Kits,
consumables and reagents, laboratory testing equipment |
By Method Type |
Chromatography With Mass
Spectrometry, Immunoassay Tests, Gas Chromatography-Flame Ionization
Detector, Liquid Chromatography-Tandem Mass Spectrometry |
By End Users |
Hospitals and Clinics,
Laboratories, Law Enforcement Agencies, Research Institutions and
Rehabilitation Centers |
By region |
North America, Europe,
Asia Pacific, the Middle East and Africa, and South America |
Company Profiles |
Thermo Fisher
Scientific, Abbott Laboratories, Siemens Healthineers, Agilent Technologies, Roche,
Bio-Rad, Quest Diagnostics, LabCorp, Rapid Labs, Narco Check , Other Players |
Edition |
1st edition |
Publication |
October 2024 |