Cannabis Testing Market Outlook to 2025 : CannaSafe Analytics, Accelerated Technology Laboratories, Inc., Digipath Labs, Shimadzu Corporation, SCIEX, Merck KGaA, Restek Corporation, Waters, Agilent Technologies, PerkinElmer, Inc

Global Cannabis Testing Market report is replete with detailed analysis from a thorough research, especially on questions that border on market size, development environment, futuristic developments, operation situation, pathways and trend of Cannabis Testing.

The Insight Partners: Legalization of medical cannabis is anticipated to drive the market for cannabis testing over the forecast period.

'Cannabis Testing Market to 2025 - Global Analysis and Forecasts by Type, Services and End User, the global cannabis testing market was valued at US$ 1,028.2 Mn in 2017 and is estimated to reach US$ 2,486.7 Mn by 2025. The market is estimated to grow with a CAGR of 11.9% from 2017-2025.The report highlights the trends prevalent in the global cannabis testing market and the factors driving the market along with those that act as deterrents to its growth.

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Cannabis testing is used in variety of applications that includes determining the concentration of cannabis in various analytical samples such as pharmaceutical drugs, and detection of contaminants such as bacteria and fungi. Furthermore, the cannabis testing is also performed for determination of trace metals such as arsenic, cadmium that can adversely impact health if remained unchecked. These tests are performed with the help of various analytical techniques that include chromatography analysis, spectrometry, ELISA, polymerase chain reaction (PCR) and others.

Global cannabis testing market is expected to grow in the coming years, owing to the factors such as, legalization of medical cannabis, increasing awareness through conferences, symposia, and workshops and growing adoption of LIMS in cannabis testing laboratories. However, the stringent regulatory framework for cannabis and dearth of trained laboratory professionals act as a restraint for this market. On the other hand, advances in cannabis testing equipments likely to add novel opportunities for cannabis testing market, in the coming years.

The major players operating in the cannabis testing market include, Agilent Technologies, PerkinElmer, Inc., Shimadzu Corporation, SCIEX, Merck KGaA, Restek Corporation, Waters, CannaSafe Analytics, Accelerated Technology Laboratories, Inc., Digipath Labs and among others. The market players are focused towards bringing new and innovative product launches to sustain their position in the market. For instance, in January 2018, SCIEX Diagnostics, a division of SCIEX launched Citrine Triple Quad MS/MS and Citrine QTRAP MS/MS Systems for clinical diagnostics.

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The report segments the global cannabis testing market as follows:

Global Cannabis Testing Market - By Type
Products
Software

Global Cannabis Testing Market - By Services
Potency Testing
Terpene Profiling
Pesticide Screening
Residual Solvent Screening
Heavy Metal Testing
Microbial Analysis

Global Cannabis Testing Market - By End User
Testing Laboratories
Drug Manufacturers
Research Institutes

Global Surety Market – By Geography
• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Spain
o UK
o Rest of Europe

• Asia Pacific (APAC)
o South Korea
o China
o Australia
o Japan
o Rest of APAC

• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA

• South America (SAM)
o Brazil
o Rest of SAM
 

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