Narcotics Scanner Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The narcotics scanner market is expected to register a CAGR of 6.21% over the forecast period 2021 - 2026. The demand for narcotic detection is driven by the increasing instances of trafficking of drugs, such as cocaine, and heroin, among others. Various law enforcement agencies, like Phoenix (Arizona) Police Department, are implementing sophisticated narcotics analysis technologies that are designed to improve the safety and welfare of the communities they protect and serve.
Key HighlightsThe narcotics scanner market is fragmented and highly competitive. The players are focusing on expanding their market presence and market reach by mergers and acquisitions. They are also focusing on enhancing their product portfolio with advanced technologies to sustain and survive in an intensely competitive market. Some of the key developments in the market are:
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