September 18, 2020

Handheld Drug Detector Market By Covid-19 Impact on Industry, Size, Trends, and Forecast to 2027

Handheld Drug Detector Market – A study on portable devices used for drug detection

  • Illicit consumption and distribution of controlled substances such as narcotics (including LSD, heroin, opium, Methaqualone, CBD, and THS) are noteworthy public safety issues in numerous countries worldwide.
  • Drug detectors are used to control the synthesizing, possession, or distribution of such drugs. Armed forces, law enforcement agencies, and aviation industry are some of the prominent end-users of drug detectors.
  • Drug detectors can be portable or tabletop. Handheld drug detectors have attained significant traction in the past few years owing to their ease of use and mobility.
  • Some of the key applications of drug detectors include sample/laboratory drug testing, and presumptive drug testing.
  • Increasing incidence of illegal drug trafficking across the globe has raised the demand for advanced handheld drug detecting equipment
  • However, relatively higher up-front cost of these devices are likely to hinder the growth of the global handheld drug detector market during the forecast period

Radical growth in drug abuse cases across the globe to drive the demand for handheld drug detectors

  • Drug abuse has become a global concern, due to which government agencies across the world have taken several initiatives, which in turn have increased the demand for drug detecting equipment across the globe.
  • For instance, in March 2019, the Customs and Border Patrol agents at the Dallas airport (Fort Worth International Airport) caught a shipment of 49 lbs. of GBL (Gamma-Butyrolactone) using a handheld drug detector.
  • Federal agencies and law makers are expected to continue demanding handheld drug detectors that are lighter, more powerful, and provide non-intrusive detection in order to combat the burgeoning tide of controlled substances distribution

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Relatively higher cost, complexity, and maintenance impeding the adoption of handheld drug detectors

  • Despite these products designed to be used by professionals, constant improvements in handheld drug detectors are likely to require dedicated training for its optimal operation.
  • In addition, unlike conventional drug testing devices, handheld drug detectors require periodic maintenance
  • Also, the cost of procurement of these devices is relatively high, which impacts its affordability aspect, particularly for developing/third world nations. Although some manufacturers provide handheld drug detectors at lower cost, the efficiency of the same are suspect.
  • The aforementioned factors are thus projected to hinder the growth of the global handheld drug detectors market

North America to Hold Leading Share of the Global Handheld Drug Detector Market

  • Geographically, the global handheld drug detector market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Country-level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the handheld drug detector market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the handheld drug detector market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The handheld drug detector market in South America is segmented into Brazil, and Rest of South America.
  • North America dominated the market in 2018 due to rising prevalence of drug abuse cases resulting in extensive investment by government agencies in procuring highly efficient and optimal drug detection equipment. Apart from North America, Asia Pacific, South America, and the Middle East are also potential consumers of handheld drug detectors.
  • The market in Asia Pacific is projected to expand at the fastest CAGR, followed by North America and the Europe during the forecast period.

Key Players Operating in the Handheld Drug Detector Market:

The handheld drug detector market is gradually becoming competitive with lowering barriers of entry for regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to enhance their position in the market. A few of the key players operating in the global handheld drug detector market are:

  • DetectaChem
  • Drägerwerk AG & Co. KGaA
  • Rapiscan Systems
  • Ambitec Inc.
  • PKI Electronic Intelligence GmbH
  • Westminster International Ltd
  • Safeway Inspection System Limited
  • Flir Systems
  • Smiths Detection
  • Techik Instruments

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Global Handheld Drug Detector Market: Research Scope

Global Handheld Drug Detector Market, by Technology

  • IR-spectrometers
  • Mass Spectrometry (MS)
  • Ion Mobility Spectrometry (IMS)
  • Gas Chromatography
  • Raman Spectrometry

Global Handheld Drug Detector Market, by End-Users

  • Law Enforcement
  • Aviation
  • Event Security
  • Border Defense
  • Ports
  • Others

Global Handheld Drug Detector Market, by Distribution Channel

  • Online
  • Offline

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?