Narcotics Scanner Global Market Industry Trends, Size, Share, Growth, By Product Type, By Technology, By End User And Regional Forecast 2023-2032 | Astrophysics Inc., Bruker Corporation, OSI Systems Inc., Smiths Group PLC, Leidos
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the narcotics scanner market report by The Business Research Company, Constant surge in the number of drug users is significantly contributing to the growth of the narcotics scanner market. The COVID-19 crisis resulted in great poverty, unemployment, social pressures, and mental health issues, all of which intensified drug users' addiction.
The global narcotics scanner market size grew from $6.36 billion in 2022 to $7.02 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The narcotics scanner market size is expected to grow to $9.5 billion in 2027 at a CAGR of 7.9%.
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Major competitors in the narcotics scanner market include Astrophysics Inc., Bruker Corporation, Thermo Fisher Scientific Inc., KLIPPER Enterprises, NUCTECH Company Ltd., OSI Systems Inc., Smiths Group PLC, Leidos, Viken Detection, Autoclear, Kapri Corp., CDex Inc., TactiScan, DetectaChem, and Rapiscan Systems.
The narcotics scanner market is segmented -
• By Product Type: Handheld Scanner, Tabletop Scanner, Walkthrough Scanner
• By Technology: Ion Mobility Spectrum Technology, Contraband Detection Equipment, Videoscope Inspection System, Infrared Spectroscopy
• By End-User: Airport, Sea Port, Railway Terminal, Law Enforcement, Defense And Military, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the narcotics scanner market.
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A narcotics scanner is a specialized security device utilized for security against the threat of drug smuggling. These are used to protect public places and country borders from the unauthorized use and movement of drugs.
The Table of Content for The Narcotics Scanner Market Include:
1. Executive Summary
2. Narcotics Scanner Market Characteristics
3. Narcotics Scanner Market Trends And Strategies
4. Narcotics Scanner Market - Macro Economic Scenario
5. Narcotics Scanner Market Size And Growth
.....
26. Africa Narcotics Scanner Market
27. Narcotics Scanner Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Narcotics Scanner Market
29. Narcotics Scanner Market Future Outlook and Potential Analysis
30. Appendix
The "Global Narcotics Scanner Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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