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 with a CAGR of 11.9% from 2017-2025 Legalization of medical cannabis is anticipated to drive the market for cannabis testing over the forecast period. According to a new market research study titled '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. Global cannabis testing market, based on the type is segmented into product and services. The product segment is further bifurcated into analytical instruments and consumables segments. In 2017, the product segment witnesses the fastest and largest share. Additionally, the software segment is anticipated to grow at a significant rate during the forecast period. Get Sample Copy at https://www.theinsightpartners.com/sample/TIPHE100001394 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. Have Queries? Ask us at https://www.theinsightpartners.com/inquiry/TIPHE100001394 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 Cannabis Testing Market - By Geography North America -U.S. -Canada -Mexico Europe -UK -Germany -France Asia Pacific (APAC) -Japan -China -India Middle East & Africa (MEA) -U.A.E -Saudi Arabia -South Africa South and Central America (SCAM) -Brazil Browse Complete Report at https://www.theinsightpartners.com/reports/cannabis-testing-market About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. Contact us –
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