Press release
Cannabis Testing Market Growth Analysis, Future Trends, Size Estimation, Insights and Share Analysis By 2026 | Shimadzu Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, Inc.
Cannabis Testing Market Report 2020-2027 includes a comprehensive analysis of the present Market. The report starts with the basic Cannabis Testing industry overview and then goes into each and every detail.Cannabis Testing Market Report contains in-depth information on major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Cannabis Testing also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.
Cannabis Testing Market competition by top manufacturers/players, with Cannabis Testing sales volume, Price (USD/Unit), Revenue (Million USD) and Market Share for each manufacturer/player; the top players including "Shimadzu Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Cannabix Technologies, Inc., Waters Corporation, Steep Hill Labs, Inc., CannaSafe Analytics, Accelerated Technology Laboratories, Inc., LabLynx, Inc., SC Laboratories Inc., GenTech Scientific, Pharm Labs, LLC, and Digipath Labs, Inc."
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Description:
Cannabis testing involves quantification of major chemical compound and active ingredient in the given specimen of cannabis. Cannabinoids and terpene are major active ingredient that has medicinal potency. Depending on the concentration of the chemical active ingredient, the potency of the sample representing huge quantity of cannabis is decided. Cannabis testing is performed with the help of analytical instruments such as liquid chromatography, gas chromatography etc. Commercial labs offers dedicated cannabis testing services in developed region. Increasing number of the medicinal usage is propelling demand for commercial manufacturing of cannabis. However, government authorities demands quality testing of the cannabis before using them for recreational and medicinal purpose
Some Important TOC:
Market Overview
Global Market Landscape by Player
Players Profiles
Global Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Global Production, Consumption, Export, Import by Region (2013-2020)
Production, Revenue (Value) by Region (2013-2020)
Manufacturing Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Market Dynamics
Global Market Forecast (2020-2026)
Research Findings and Conclusion
Appendix
Increased approval for cannabis-based drugs and new product launches for cannabis testing are expected to propel growth of the cannabis testing market
Various cannabis manufacturer across globe are focused on introducing the cannabis products to target various disease, which in turn is expected to promote application of cannabis testing instruments, as this products need to be approved from the health regulatory bodies for their efficacy and purity. For instance, in May 2018, the U.S Food and Drug Administration (FDA) approved the medication, called Epidiolex manufactured by GW Pharmaceuticals to treat two rare forms of epilepsy caused by Lennox-Gastaut and Dravet syndromes in patients two years and older.
In July 2016, Insys Therapeutics, Inc. received U.S.FDA approval for dronabinol oral solution- Syndros, which is an orally administered liquid formulation of cannabinoid dronabinol. The Syndros is indicated for treatment of anorexia associated with weight loss among patients suffering from AIDS and patients suffering from cancer chemotherapy-induced nausea and vomiting.
Companies are launching innovative, precise, and efficient analytical platform for cannabis testing, which is expected to fuel market growth. For instance, Agilent Technologies Inc. in 2017, introduced a high-resolution, accurate gas chromatography mass system named as Agilent 7250 GC/Q-TOF system, which combines gas chromatography and quadrupole time-of-flight mass spectrometry with a Low Energy Electron Ionization source enabling high exploration of unknown chemical samples.
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What's In The Offering:
The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years' data of these segments and sub-segments for getting an accurate and complete market size.
Research Methodology:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
Preliminary Data Mining
Data Standardization
Coherent Statistical model
Data Processing
Data Validation
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About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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