Feb 24, 2020 (AmericaNewsHour) — The global Cannabis Testing Market was valued at USD 824.11 million in 2016 and is projected to reach USD 2182.75 million by 2025, growing at a CAGR of 11.43% from 2017 to 2025.
Cannabis drug testing describes various drug test methodologies for the use of cannabis in medicine, sport, and law. Cannabis use is highly detectable and can be detected by urinalysis, hair analysis, as well as saliva tests for days or weeks. The market is expected to boost during the forecast period for the methodology and test procedures.
Download Sample of This Strategic Report:
https://www.kennethresearch.com/sample-request-10059409
Sample Infographics:
Market Dynamics:1. Market Drivers
1.1 Increasing Legalization of Medical Cannabis
1.2 Growing Number of Cannabis Testing Laboratories
1.3 Increasing Awareness Through Conferences, Symposia, and Workshops
2. Market Restraints
2.1 High Cost of Analytical Instruments
2.2 Dearth of Trained Laboratory Professionals
Market Segmentation:
1. Global Cannabis Testing Market, by End User:
1.1 Product & Software
1.1.1 Laboratories
1.1.1.1 Small-Scale Laboratories
1.1.1.2 Medium-Scale Laboratories
1.1.1.3 Large-Scale Laboratories
1.2 Research Institutions
1.3 Services
1.3.1 Cannabis Drug Manufacturers & Dispensaries
1.3.2 Cannabis Cultivators/Growers
2. Global Cannabis TestingMarket, by Product and Software:2.1 Cannabis Testing product
2.1.1 Analytical Instruments
2.1.1.1 Chromatography
2.1.1.2 Spectroscopy
2.1.2 Consumables
2.1.2.1 Chromatography Columns
2.1.2.2 Standards and CRMS
2.1.2.3 Sample Preparation Products
2.1.2.4 Supplies and Accessories
2.2 Cannabis Testing Software
3. Global Cannabis TestingMarket, by Type:
3.1 Potency Testing
3.2 Terpene Profiling
3.3 Residual Solvent Screening
3.4 Microbial Analysis
3.5 Pesticide Screening
3.6 Heavy Metal Testing
3.7 Genetic Testing
4. Global Cannabis Testing Market, by Region:4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:The major players in the market are as follows:
1. Agilent Technologies, Inc.
2. Shimadzu Corporation
3. Millipore Sigma (A Life Science Segment of Merck KGaA)
4. Restek Corporation
5. Perkinelmer, Inc.
6. AB Sciex LLC (A Subsidiary of Danaher Corporation)
7. Waters Corporation
8. Accelerated Technology Laboratories, Inc.
9. Steep Hill Halent Laboratories, Inc.
10. Digipath, Inc.
11. SC (Science of Cannabis) Laboratories, Inc.
12. Pharmlabs LLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Request For Full Report: https://www.kennethresearch.com/sample-request-10059409
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:Research study on the Cannabis TestingMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609
The post Cannabis Testing Market: Facts, Figures and Analytical Insights 2017-2025 appeared first on America News Hour.
COMTEX_362420728/2606/2020-02-24T02:35:37
Recent Comments