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Cannabis Testing Market Size, Trends, Shares, Insights and Forecast - 2026

Cannabis Testing Market Report- 2020 Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.

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Cannabis Testing Market Size, Trends, Shares, Insights and Forecast - 2026

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  1. CANNABIS TESTING MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Cannabis Testing Market - Overview The [Chromatography Instruments {Liquid Chromatography, Gas Chromatography, and Others} Spectroscopy Instruments [Mass Spectroscopy and Atomic Spectroscopy], Consumables and Breathe Analyzer), by Service Type (Potency Testing, Terpene Testing, Pesticide Testing, Residual Solvent, Heavy Metal Testing, Mycotoxin and Microbial Testing, and Others), by End Users (Testing Laboratories, Drug Manufactures, and Research Institutes ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 926.3 million in 2017, and is projected to exhibit a CAGR of 13.2 % over the forecast period (2018 – 2026). Approval of cannabis for medical and recreational purpose to drive growth of the cannabis testing market Since recent past, cannabis have been extensively researched for its medicinal applications in treatment of chronic pain, arthritis, digestion problem, epilepsy, and other neurological disease. This research is resulting into legalization of cannabis in many parts of the world and introduction of cannabis-based pharmaceutical products. For instance, in July 2017, 18 states in the U.S. allowed the use of Cannabidiol (CBD) extract, majorly in oil form with minimal tetrahydrocannabinol (THC) content to be used for the treatment of epilepsy or seizures in adversely affected children. States in U.S. such as California, Nevada, Maine, and Massachusetts voted positive to legalize the recreational use of cannabis in November 2016. Therefore, legalization would result into requirement of quality testing of cannabis, which is expected to drive growth for cannabis testing market. Global Cannabis Testing Market, by Product Type (Analytical Instruments Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/cannabis-testing-market-170 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION New product launches and collaboration by key players are expected to drive growth of the cannabis testing market Key players are launching new products for testing the cannabis using various tests, which would provide efficient and direst solutions to cannabis testing in turn fueling growth of the cannabis testing market. For instance, in 2017, Shimadzu launched new cannabis analyzer for potency testing. It is new HPLC systems for quantitative determination of cannabinoid content. In the same year, Agilent launched 6495B triple quadrupole LC/MS system to test food, pharmaceutical (includes cannabis) and environmental material with high detection accuracy. In 2016, Shimadzu Corporation launched new inductive coupled plasma mass spectrophotometer, which can be utilized in detecting cannabis active ingredient in given sample. In the same year, Perkin Elmer launched Q sight Triple Quadrupole LC/MS/MS system for analysis of complex material such as cannabis. Companies are also collaborating with different stakeholders in cannabis testing industry. For instance, in 2016, AB SCIEX Inc. and CW Analytical collaborated to develop first cannabis quality and potency testing standards. This would help overall industry as currently there are no universal standards for cannabis profiling. In 2017, Shimadzu Corporation, Cure Pharma and CK Science entered into agreement to research and develop safe cannabis-based pharmaceutical product. As a part of the agreement, Shimadzu would help set standards and provide analytical instruments for developing safer products. Furthermore, increasing number of the labs getting accreditation that provide cannabis testing facilities for different parameters is expected to drive the market growth. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/170 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Key Takeaways of the Cannabis Testing Market: The global cannabis testing market is expected to exhibit a CAGR of 13.2% over the forecast period, owing to increasing number of economies legalizing cannabis for medicinal and recreational purpose along with increasing number of labs facilitating cannabis testing. Among products, analytical instruments segment dominated the market, owing to the new product launches with dedicated cannabis analyzing facility to check for its potency. Among the analytical instruments, liquid chromatography with mass spectrometry segment is projected to dominate the market due to affordability and dedicated products it offers for cannabis testing. North America is expected to be the dominant region in the cannabis testing market, owing to increasing number of states in the U.S. that are legalizing cannabis for medical and recreational purpose. Furthermore, extensive research and development at academic and commercial places to introduce cannabis-based pharmaceutical products is fueling market growth. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/170 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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