Cannabis Testing Industry Global Market Size, Market Share, Regional Analysis with Growth, Demand, Share and Research Report 2023
Cannabis testing defines various drug test methods for the usage of cannabis in medical prescription, sports medicine, and law. The rapidly increasing applications of cannabis (marijuana) in mainstream medicine such as pain management is poised to increase demand for cannabis testing measures.
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No of Pages: 133
Global Cannabis Testing Market Segment by Manufacturers, this report covers:
- Agilent Technologies
- Shimadzu Corporation
- Millipore Sigma
- AB SCIEX LLC
The increasing use of cannabis for medical purposes is one of the major factors driving the global cannabis testing market. Cannabis used for medicinal purposes is referred to as medical marijuana or medical cannabis. In this case, the whole, unprocessed cannabis plant or its extracts are used to treat a variety of symptoms and conditions. Medical cannabis contains many compounds that are collectively referred to as cannabinoids. The two main compounds are tetrahydrocannabinol (THC) and Cannabidiol (CBD). Though there are several other types of cannabinoids in cannabis strains, THC and CBD are the most abundant compounds. These compounds mainly address pain symptoms in multiple diseases.
The major drawback of this market is a lack of uniform industry standards across the globe. Regulatory standards of various countries required for cannabis testing have huge differences as these standards are set by the government organizations of the specific country. Every country also has its own standards for dosage. Also, the exposure to heavy metals such as lead is a big concern. This is the main root of the problem. Strict regulations will prove to be unfair if they sell prescribed drugs and alcohol products. Therefore, many pharmaceutical dealers have decided to obey these laws which would contain extracts which would practically obey any cannabis testing standards.
The Americas accounted for the maximum share of the cannabis testing market during 2017. Our analysts have predicted that the market will witness steady growth in this region during the next five years as well and this will attribute to the growing approval of cannabis for recreational and medical purposes. Moreover, the demand for cannabis testing products from luxury cannabis products manufacturers will also drive the market’s growth in this region.
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Major Points from Table of Contents:
Chapter 1, to describe Cannabis Testing Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Cannabis Testing, with sales, revenue, and price of Cannabis Testing, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Cannabis Testing, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Cannabis Testing market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Cannabis Testing sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Market Segment by Type, covers
- Terpene Profiling Testing
- Heavy Metal Testing
- Microbial Analysis Testing
- Genetic Testing
- Residual Solvent Screening Testing
- Potency Testing
- Pesticide Screening Testing
Market Segment By Applications:
- Research Institutions
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