Drug Screening Market to Reach USD 29.7 Billion by 2032 Driven by Rising Drug and Alcohol Consumption | Report by S&S Insider [Yahoo! Finance]
Psychemedics Corporation (PMD)
US:NASDAQ Investor Relations:
investors.psychemedics.com
Company Research
Source: Yahoo! Finance
Austin, Nov. 06, 2024 (GLOBE NEWSWIRE) -- The S&S Insider report indicates that, “ The Drug Screening Market was valued at USD 7.6 Billion in 2023 and is projected to reach USD 29.7 Billion by 2032, growing at a compound annual growth rate (CAGR) of 16.3% from 2024 to 2032. ” Rising Demand for Drug Testing Solutions Amid Global Substance Abuse Trends Increasing instances of drug abuse worldwide have led governments to impose strong regulations on workplaces and other public places about reliable drug testing solutions. According to estimates, 2023 witnessed over 112 thousand overdose deaths in the U.S. This statistic reveals the importance of the development of a trustworthy testing solution. In addition, more than half of workplace accidents and nearly 40% of employee thefts are blamed on substance abuse, resulting in an increasing need for screening solutions. This allows for huge market enablers through government policies; in this case, there is funding for substance use di
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News
- Psychemedics Corporation Announces Reverse and Forward Stock Split [Yahoo! Finance]Yahoo! Finance
- Psychemedics Corporation Announces Reverse and Forward Stock SplitGlobeNewswire
- Psychemedics Corporation Reminds Stockholders to Cast Their Votes for Upcoming Annual Meeting of Stockholders [Yahoo! Finance]Yahoo! Finance
- Psychemedics Corporation Reminds Stockholders to Cast Their Votes for Upcoming Annual Meeting of StockholdersGlobeNewswire
- Psychemedics Third Quarter 2024 Earnings: US$0.091 loss per share (vs US$0.36 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
PMD
Sec Filings
- 12/13/24 - Form 25
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- PMD's page on the SEC website