How has the narcotics scanner market evolved, and where is it heading next?
The narcotics scanner market size has grown strongly in recent years. It will grow from $7.48 billion in 2024 to $8.14 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to illicit drug production trends, demand for non-intrusive inspection, R&D investments, security threats at borders and ports, increased drug trafficking activities.
The narcotics scanner market size is expected to see strong growth in the next few years. It will grow to $11.55 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to public safety investments, rise in illicit drug production, market expansion strategies, adoption of AI and machine learning, stricter border and port security. Major trends in the forecast period include global increase in drug trafficking, regulatory requirements, port security enhancements, demand for non-intrusive inspection, integration of artificial intelligence.
Get Your Free Sample of The Global Narcotics Scanner Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5709&type=smp
Which major factors have contributed to the expansion of the narcotics scanner market?
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. A narcotics scanner is a security device that is being used to detect drugs and hazardous substances taken by drug users. For instance, according to Press Information Bureau, a nodal agency, the number of people who use drugs has risen to 292 million in 2022, a 20 % increase over 10 years. Therefore, the constant surge in the number of drug users is expected to drive the growth of the narcotics scanner market going forward.
How is the narcotics scanner market segmented?
The narcotics scanner market covered in this report is segmented –
1) By Product Type: Handheld Scanner, Tabletop Scanner, Walkthrough Scanner
2) By Technology: Ion Mobility Spectrum Technology, Contraband Detection Equipment, Videoscope Inspection System, Infrared Spectroscopy
3) By End-User: Airport, Sea Port, Railway Terminal, Law Enforcement, Defense And Military, Other End-Users
Subsegments:
1) By Handheld Scanner: Portable Narcotics Detection Devices, Battery-Operated Handheld Scanners
2) By Tabletop Scanner: Fixed Narcotics Detection Systems, High-Throughput Tabletop Scanners
3) By Walkthrough Scanner: Walkthrough Detection Systems, Automated Walkthrough Scanners for Security Checkpoints
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/narcotics-scanner-global-market-report
Who are the top competitors in the narcotics scanner market?
Major companies operating in the narcotics scanner market include Thermo Fisher Scientific Inc., Safran SA, Science Applications International Corporation (SAIC), Elbit Systems Ltd., Smiths Group plc, Bruker Corporation, FLIR Systems Inc., OSI Systems Inc., NUCTECH Company Ltd., Chemring Group plc, Rapiscan Security Products Inc., L-3 Security and Detection Systems Inc., Garrett Electronics Inc., Morpho Detection Inc., Astrophysics Inc., Autoclear LLC, NABCO Systems LLC, CEIA USA Ltd., Aventura Technologies Inc., Detecta Chem Inc., Viken Detection, Kromek Group plc, Scanna MSC Ltd., Argo Security SRL.
Which key trends are expected to influence the narcotics scanner market in the coming years?
Technological advancements are shaping the narcotics scanner market. Major companies operating in the narcotics scanner sector are focused on developing new technological solutions to strengthen their position. For instance, in 2022, The IONSCAN 600, developed by Smiths Detection, is a highly sensitive trace detection system designed for the simultaneous identification of both explosives and narcotics. It features a lightweight, portable desktop configuration, making it suitable for various screening environments, including airports and law enforcement applications.
Which regional trends are influencing the narcotics scanner market, and which area dominates the industry?
The countries covered in the narcotics scanner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Narcotics Scanner Market Report 2025 Offer?
The narcotics scanner market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5709
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
