Cannabis Testing Market 2020 Precise Outlook| Merck KGaA, Restek Corporation, PerkinElmer Inc., Danaher Corporation

The report titled "Cannabis Testing Market" has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.

The cannabis testing market studied was projected to grow with a CAGR of nearly 11.3% over the forecast period.

Get a sample copy of this Report: (Exclusive Offer: Up to 20% discount on this report)

https://www.marketinsightsreports.com/reports/04061951013/cannabis-testing-market-growth-trends-and-forecast-2020-2025/inquiry?mode=74

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Cannabis Testing Market: Agilent Technologies, Inc., Shimadzu Scientific Instruments., Merck KGaA, Restek Corporation, PerkinElmer Inc., Danaher Corporation, Accelerated Technology Laboratories, Inc., Steep Hill Halent Laboratories, Inc., Digipath, Inc., Pharmlabs LLC. and Other

The leading players of the Cannabis Testing industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Cannabis Testing players will help the industry aspirants in planning their strategies. The statistics offered in this report will be a precise and useful guide to shape business growth.

Industry News:

January 9, 2019: Shimadzu Scientific Instruments (SSI), the leading provider of cannabis testing instruments, and Hocking College announce a collaborative relationship to launch the Hocking College Cannabis Analytics Lab. The partnership will also support a first-of-its-kind Cannabis Lab Technician Associates of Science Degree.
The medical cannabis testing laboratory will position Hocking College as an academic leader in analytical safety and potency testing to ensure safe medicinal cannabis for Ohio patients. The laboratory will test for heavy metals, pesticides, mold, fungus, and other potentially harmful contaminants. The teaching lab will provide students the opportunity to learn on state-of-the-art cannabis testing instruments while fulfilling their degree requirements.

Key Market Trends

Analytical Instruments Segment is Dominating the Cannabis Testing Market.

The cannabis testing market is growing exponentially, as the use of cannabis for medical purposes is being adopted across the globe. Cannabis is used to treat various diseases like neurological and mental disorders, and used in reducing chronic pain, decreasing nausea during chemotherapy, improving appetite in HIV/AIDS patients. As there is a rise in the patient pool, the use of cannabis also increases, leading to the growth of the testing market. The cannabis extracts are tested for potency, heavy metals, pesticides, residual solvents, moisture, terpene profile, microbial and fungal growth, and mycotoxins/aflatoxins making sure products are safe, while concurrently generating revenues and a return on investment. Advances in analytical testing technologies and services are helping to drive industry growth.

North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to factors such as the high prevalence of chronic diseases in the region, established healthcare infrastructure are some of the key factors accountable for its large share in the market. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase the market growth. In this region the United States has the maximum share due to supportive healthcare policies, the high number of patients, and a developed healthcare market.

Explore Full Report With Detailed TOC Here:

https://www.marketinsightsreports.com/reports/04061951013/cannabis-testing-market-growth-trends-and-forecast-2020-2025?mode=74

The market factors explained in the report:

Market Overview: It includes Cannabis Testing Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

Executive Summary: The Cannabis Testing Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Regional Study: All of the regions and countries analyzed in the Cannabis Testing Market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

Key Players: This part of the Cannabis Testing Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.

Market Forecast: Here, the report offers a complete forecast of the global Cannabis Testing Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact US :

Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.