Global Cocaine Rapid Test Kit Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030

Report ID: RC144785 | Report Format: PDF + Excel | Starting Price: 3800/- USD | Last Updated: July 6th, 2023

The global cocaine rapid test kit market size was accounted for USD 317 million in 2020 and projected to grow at a significant CAGR of 8.1% during the forecast period 2021 to 2027 and expected to reach around USD 550 million by 2027. The increasing incidence of substance abuse among the young population across the world is a key factor to drive the market growth. Furthermore, stringent government regulation to an effective screening of suspects of cocaine addiction around the globe is projected to boost the market over the forecast period.

Market Snapshot:

Benchmark Year 2022
Market Size USD 317 Million in 2020
Market Growth (CAGR) 8.1% (2023-2030)
Largest Market Share lock
Analysis Period 2020-2030
Market Players Bio Group Medical System, Alfa Scientific Designs, AccuBioTech, BIOSYNEX, and VivaChek Laboratories, Inc.

Market Drivers:

Drug Abuse and Addiction Concerns: The global concern surrounding drug abuse and addiction, particularly cocaine abuse, is a significant driving factor for the cocaine rapid test kit market. Governments, organizations, and healthcare professionals are actively working to combat drug abuse by implementing drug screening programs. Cocaine rapid test kits play a crucial role in detecting cocaine use and helping in the early identification and intervention of drug abuse cases.

Stringent Workplace Drug Testing Policies: Many industries, such as transportation, healthcare, and law enforcement, enforce strict drug testing policies to ensure a safe working environment and prevent accidents. Cocaine is a commonly abused drug, and rapid test kits provide a quick and reliable method for workplace drug testing. The increasing adoption of workplace drug testing policies drives the demand for cocaine rapid test kits.

Law Enforcement and Legal Proceedings: Cocaine is an illegal substance in most countries, and law enforcement agencies actively work to curb its trafficking and use. Cocaine rapid test kits are used by law enforcement authorities to quickly identify suspected cocaine samples in the field or during raids. Additionally, these test kits are utilized in legal proceedings to provide evidence of cocaine use or possession, further driving market demand.

Demand for On-site and Point-of-Care Testing: On-site and point-of-care testing is gaining popularity due to its convenience and quick results. Cocaine rapid test kits are designed to provide rapid, accurate, and easy-to-use screening for cocaine use. These kits are widely used in various settings, such as clinics, hospitals, rehabilitation centers, and home testing, to detect recent cocaine use without the need for laboratory analysis.

Technological Advancements: Technological advancements in the design and development of rapid test kits have led to improved sensitivity, specificity, and user-friendliness. Innovative technologies, such as lateral flow immunoassays, have enhanced the accuracy and reliability of cocaine rapid test kits. The availability of advanced and user-friendly test kits drives market growth.

Rising Substance Abuse and Illicit Drug Trade: The prevalence of substance abuse and the illicit drug trade are significant global concerns. Cocaine remains one of the most widely abused illicit drugs globally. The increasing demand for drug testing solutions to combat substance abuse and address the illicit drug trade contributes to the growth of the cocaine rapid test kit market.

Increasing Awareness and Education Programs: Public awareness campaigns, educational programs, and initiatives focusing on drug abuse prevention and rehabilitation drive the demand for cocaine rapid test kits. These programs aim to educate individuals, communities, and institutions about the risks and consequences of drug abuse and the importance of early detection. The awareness and education efforts promote the adoption of cocaine rapid test kits for screening and prevention purposes.

Market Insights:

The global cocaine rapid test kit market is segmented into type, end-user, and geography. On the basis of type, the market is further classified into the urine, saliva, and other types of test kits. The urine segment held the largest market share in 2020 and projected to grow at the growth rate over the forecast period. The segment growth is attributed to the increasing use of urine test kit due to reliable and time-efficient testing features. Detection of cocaine metabolites in urine samples is highly reliable and time efficient, with cocaine detection within minutes. A very small aliquot of urine samples is isolated as a test kit that is highly sensitive and technologically advanced.

On the other hand, the saliva test segment is accounted for grow at a significant growth rate over the forecast period due to its ability to conduct substance abuse screening on suspects at the site of a crime is highly popular among law enforcement agencies across the globe.

On the basis of end-user, the global cocaine rapid test kit market is divided into hospitals & clinics, law enforcement agencies, and other end users. The hospital and clinics segment held the largest market share in 2020 in terms of revenue and projected to grow at the same trend. Law enforcement agencies are expected to uncover significant market performance during the forecast period due to stringent norms related to the effective investigation of cocaine abuse worldwide.

Global Cocaine Rapid Test Kit Market Size & Forecast

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The cocaine rapid test kit comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global cocaine rapid test kit market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The cocaine rapid test kit market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Market Segmentation:

By Type:

  • Urine
  • Saliva
  • Others

By End User:

  • Hospital & Clinics
  • Law Enforcement Agencies
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the cocaine rapid test kit market report comprises dedicated sections centering on the regional market revenue and trends. The cocaine rapid test kit market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The cocaine rapid test kit market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Cocaine rapid test kit market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2020 – 2027.

Competition Assessment:

Key players operating in the global cocaine rapid test kit market are Bio Group Medical System, Alfa Scientific Designs, AccuBioTech, BIOSYNEX, and VivaChek Laboratories, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Bio Group Medical System
  • Alfa Scientific Designs
  • AccuBioTech
  • Cortez Diagnostics, Inc.
  • BIOSYNEX
  • Easy Healthcare
  • Oranoxis, Inc.
  • VivaChek Laboratories, Inc.
  • Teco Diagnostics.
  • Firstep Bioresearch, Inc.

Key Questions Answered by Cocaine Rapid Test Kit Market Report:

  • Global cocaine rapid test kit market forecasts from 2021-2027
  • Regional cocaine rapid test kit market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Cocaine rapid test kit submarket forecasts from 2021-2027 covering the market by type, by end user, and geography
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to cocaine rapid test kit market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level cocaine rapid test kit markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the cocaine rapid test kit market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Cocaine Rapid Test Kit Market Portraiture
2.2. Global Cocaine Rapid Test Kit Market, by Type, 2020 (USD Mn)
2.3. Global Cocaine Rapid Test Kit Market, by End User, 2020 (USD Mn)
2.4. Global Cocaine Rapid Test Kit Market, by Geography, 2020 (USD Mn)

 

3. Global Cocaine Rapid Test Kit Market Analysis


3.1. Cocaine Rapid Test Kit Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

 

4. Global Cocaine Rapid Test Kit Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Urine
4.3. Saliva
4.4. Others

 

5. Global Cocaine Rapid Test Kit Market By End User, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Hospital & Clinics
5.3. Law Enforcement Agencies
5.4. Others

 

6. Global Cocaine Rapid Test Kit Market, By Geography, 2018 – 2027 (USD Mn)


6.1. Introduction
6.2. North America
6.2.1. Overview
6.2.2. North America Cocaine Rapid Test Kit Market by Type (2018-2027 USD Mn)
6.2.3. North America Cocaine Rapid Test Kit Market by End User (2018-2027 USD Mn)
6.2.4. North America Cocaine Rapid Test Kit Market by Country (2018-2027 USD Mn)
6.2.4.1. U.S.
6.2.4.2. Canada
6.3. Europe
6.3.1. Overview
6.3.2. Europe Cocaine Rapid Test Kit Market by Type (2018-2027 USD Mn)
6.3.3. Europe Cocaine Rapid Test Kit Market by End User (2018-2027 USD Mn)
6.3.4. Europe Cocaine Rapid Test Kit Market by Country (2018-2027 USD Mn)
6.3.4.1. Germany
6.3.4.2. U.K.
6.3.4.3. France
6.3.4.4. Italy
6.3.4.5. Rest of Europe
6.4. Asia Pacific
6.4.1. Overview
6.4.2. Asia Pacific Cocaine Rapid Test Kit Market by Type (2018-2027 USD Mn)
6.4.3. Asia Pacific Cocaine Rapid Test Kit Market by End User (2018-2027 USD Mn)
6.4.4. Asia Pacific Cocaine Rapid Test Kit Market by Country (2018-2027 USD Mn)
6.4.4.1. China.
6.4.4.2. Japan
6.4.4.3. Rest of Asia Pacific
6.5. Latin America (LATAM)
6.5.1. Overview
6.5.2. Latin America Cocaine Rapid Test Kit Market by Type (2018-2027 USD Mn)
6.5.3. Latin America Cocaine Rapid Test Kit Market by End User (2018-2027 USD Mn)
6.5.4. Latin America Cocaine Rapid Test Kit Market by Country (2018-2027 USD Mn)
6.5.4.1. Brazil
6.5.4.2. Mexico
6.5.4.3. Rest of Latin America
6.6. Middle East and Africa
6.6.1. Overview
6.6.2. MEA Cocaine Rapid Test Kit Market by Type (2018-2027 USD Mn)
6.6.3. MEA Cocaine Rapid Test Kit Market by End User (2018-2027 USD Mn)
6.6.4. Middle East and Africa Cocaine Rapid Test Kit Market, by Country (2018-2027 USD Mn)
6.6.4.1. GCC
6.6.4.2. Rest of MEA

 

7. Company Profiles


7.1. Bio Group Medical System
7.1.1. Business Description
7.1.2. Financial Health and Budget Allocation
7.1.3. Product Positions/Portfolio
7.1.4. Recent Development
7.1.5. SWOT Analysis
7.2. Alfa Scientific Designs
7.2.1. Business Description
7.2.2. Financial Health and Budget Allocation
7.2.3. Product Positions/Portfolio
7.2.4. Recent Development
7.2.5. SWOT Analysis
7.3. AccuBioTech
7.3.1. Business Description
7.3.2. Financial Health and Budget Allocation
7.3.3. Product Positions/Portfolio
7.3.4. Recent Development
7.3.5. SWOT Analysis
7.4. Cortez Diagnostics, Inc.
7.4.1. Business Description
7.4.2. Financial Health and Budget Allocation
7.4.3. Product Positions/Portfolio
7.4.4. Recent Development
7.4.5. SWOT Analysis
7.5. BIOSYNEX
7.5.1. Business Description
7.5.2. Financial Health and Budget Allocation
7.5.3. Product Positions/Portfolio
7.5.4. Recent Development
7.5.5. SWOT Analysis
7.6. Easy Healthcare
7.6.1. Business Description
7.6.2. Financial Health and Budget Allocation
7.6.3. Product Positions/Portfolio
7.6.4. Recent Development
7.6.5. SWOT Analysis
7.7. Oranoxis, Inc.
7.7.1. Business Description
7.7.2. Financial Health and Budget Allocation
7.7.3. Product Positions/Portfolio
7.7.4. Recent Development
7.7.5. SWOT Analysis
7.8. VivaChek Laboratories, Inc.
7.8.1. Business Description
7.8.2. Financial Health and Budget Allocation
7.8.3. Product Positions/Portfolio
7.8.4. Recent Development
7.8.5. SWOT Analysis
7.9. Teco Diagnostics.
7.9.1. Business Description
7.9.2. Financial Health and Budget Allocation
7.9.3. Product Positions/Portfolio
7.9.4. Recent Development
7.9.5. SWOT Analysis
7.10. Firstep Bioresearch, Inc.
7.10.1. Business Description
7.10.2. Financial Health and Budget Allocation
7.10.3. Product Positions/Portfolio
7.10.4. Recent Development
7.10.5. SWOT Analysis

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List of Tables:

TABLE 1 Market Snapshot: Global Cocaine Rapid Test Kit Market

TABLE 2                Impact Indicators

TABLE 3                Impact Analysis of Drivers and Challenges

TABLE 4                Global Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 5 Global Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 6 North America Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 7 North America Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 8 North America Cocaine Rapid Test Kit Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 9 U.S. Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 10 U.S. Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 11 Canada Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 12 Canada Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 13 Europe Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 14 Europe Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 15 Europe Cocaine Rapid Test Kit Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 16 Germany Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 17 Germany Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 18 U.K. Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 19 U.K. Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 20 France Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 21 France Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 22 Italy Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 23 Italy Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 24 Rest of Europe Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 25 Rest of Europe Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 26 Asia Pacific Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 27 Asia Pacific Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 28 Asia Pacific Cocaine Rapid Test Kit Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 29 Japan Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 30 Japan Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 31 China Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 32 China Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 33 Rest of Asia Pacific Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE34 Rest of Asia Pacific Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 35 Latin America Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 36 Latin America Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 37 Latin America Cocaine Rapid Test Kit Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 38 Brazil Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 39 Brazil Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 40 Mexico Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 41 Mexico Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 42 Rest of Latin America Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 43 Rest of Latin America Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 44 Middle East & Africa Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 45 Middle East & Africa Cocaine Rapid Test Kit Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 46 Middle East & Africa Cocaine Rapid Test Kit Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 47 GCC Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 48 GCC Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 49 Rest of MEA Cocaine Rapid Test Kit Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 50 Rest of MEA Cocaine Rapid Test Kit Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 51 Bio Group Medical System: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 52 Alfa Scientific Designs: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 53 AccuBioTech: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 54 Cortez Diagnostics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 55 BIOSYNEX: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 56 Easy Healthcare: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 57 Oranoxis, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 58 VivaChek Laboratories, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 59 Teco Diagnostics.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 60 Firstep Bioresearch, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:

FIG. 1 Global Cocaine Rapid Test Kit: Market Segmentation

FIG. 2 Global Cocaine Rapid Test Kit Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 4 Global Cocaine Rapid Test Kit Market, by Type, 2019 (US$ Mn)

FIG. 5 Global Cocaine Rapid Test Kit Market, by End-User, 2019 (US$ Mn)

FIG. 6 Global Cocaine Rapid Test Kit Market, by Geography, 2019 (US$ Mn)

FIG. 7 Global Cocaine Rapid Test Kit Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 8 Attractive Investment Proposition, by Geography, 2017

FIG. 9 Market Positioning of Key Cocaine Rapid Test Kit Providers, 2019

FIG. 10 Global Cocaine Rapid Test Kit Market Value Share, by Type, 2018 & 2027 (%)

FIG. 11 Global Cocaine Rapid Test Kit Market Value for Urine, 2018 - 2027, (US$ Mn)

FIG. 12 Global Cocaine Rapid Test Kit Market Value for Saliva, 2018 - 2027, (US$ Mn)

FIG. 13 Global Cocaine Rapid Test Kit Market Value for Others, 2018 - 2027, (US$ Mn)

FIG. 14 Global Cocaine Rapid Test Kit Market Value Share, by End-User, 2018 & 2027 (Value %)

FIG. 15 Global Cocaine Rapid Test Kit Market Value for Hospital & Clinics, 2018 - 2027 (US$ Mn)

FIG. 16 Global Cocaine Rapid Test Kit Market Value for Law Enforcement Agencies, 2018 - 2027 (US$ Mn)

FIG. 17 Global Cocaine Rapid Test Kit Market Value for Others, 2018 - 2027 (US$ Mn)

FIG. 18 North America Cocaine Rapid Test Kit Market Value, 2018 - 2027, (US$ Mn)

FIG. 19 Europe Cocaine Rapid Test Kit Market Value, 2018 - 2027, (US$ Mn)

FIG. 20 Asia Pacific Cocaine Rapid Test Kit Market Value, 2018 - 2027, (US$ Mn)

FIG. 21 LATIN America Cocaine Rapid Test Kit Market Value, 2018 - 2027, (US$ Mn)

FIG. 22 Middle East & Africa Cocaine Rapid Test Kit Market Value, 2018 - 2027, (US$ Mn)
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