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Asia Pacific Cannabis Testing Market Forecast 2019-2027

Asia Pacific Cannabis Testing Market Forecast 2019-2027

KEY FINDINGS

The Asia-Pacific cannabis testing market is anticipated to rise at a CAGR of 13.29% over the forecast period from 2019 to 2027. Cannabis is widely used for pain management and is often used in the medical industry to cure and treat certain disorders such as epilepsy, brain tumors, etc., which increases the demand for cannabis testing in the Asia Pacific market.

MARKET INSIGHTS

The recent legalization of cannabis for medical and therapeutic use in many Asian countries combined with the high venture funding for cannabis testing is mainly responsible for driving the Asia-Pacific cannabis testing market. The market is segmented according to the testing methods, end-users, product and software, and the cannabis type. However, there is a possibility of the market facing some restraints on account of the low availability of technicians and scientist in the field and the high capital required for initial setup of the testing facility.

The economies of China, India, Japan, Australia, South Korea and the remaining countries banding together to form Rest of Asia Pacific regional segment are considered for the market analysis.

COMPETITIVE INSIGHTS

PerkinElmer, Inc., GenTech Scientific, Digipath, Inc., Urofins Proxy Laboratories, Eli Lilly, SDpharma Labs LLC (PharmLabs™ LLC), Anresco Laboratories, Accelerated Technology Laboratories, Inc., Shimadzu Corporation, Test Lab Amsterdam, SC Laboratories, Inc., Waters Corporation, LabLynx, Inc., Restek Corporation, Thermo Fisher Scientific, Inc., CannaSafe Analytics, Agilent Technologies, Inc., AB Sciex LLC, Steep Hill Halent Laboratories, Inc., Pharmalab, Sigma-Aldrich (Acquired By Merck Group), Cannabilab etc. are few of the leading companies in this market.


1. Research Scope
1.1. Study Goals
1.2. Scope Of Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Potency Is The Major Testing Type
3.2.2. Laboratories Are The Largest Contributor To Cannabis Testing Market
3.2.3. Inhalation Cannabis Is The Prominent Cannabis Type
4. Market Dynamics
4.1. Market Definition And Scope
4.2. Market Drivers
4.2.1. Recognition Of Cannabis For Medical And Therapeutic Use By The Medical Fraternity
4.2.2. Rise In The Number Of Testing Facilities
4.2.3. Increasing Legalization Of The Use Of Cannabis For Medicine And Research
4.2.4. Rising Awareness About Cannabis Benefits Aided By A Strong Community Support
4.3. Market Restraints
4.3.1. Lack Of Uniform Industry Standards
4.3.2. High Costs Related To The Laboratory Analytical Instruments Used For The Cannabis Testing
4.4. Market Opportunities
4.4.1. Increasing Applications Of Cannabis
4.4.2. Increase In Venture Funding For Cannabis Testing
4.5. Market Challenges
4.5.1. Shortage Of Skilled Professionals
4.5.2. Blockages In Initial Setup
4.5.3. Prejudices Against The Use Of Cannabis
5. Market By Type
5.1.1. Terpene Profiling
5.1.2. Heavy Metal
5.1.3. Microbial Analysis
5.1.4. Genetic
5.1.5. Residual Solvent Screening
5.1.6. Potency
5.1.7. Pesticide Screening
6. Market By Product & Software
6.1. Products
6.1.1. Analytical Instruments
6.1.2. Consumables
6.2. Software
7. Market By End-user
7.1. Laboratories
7.2. Research Institutions
8. Market By Cannabis Type
8.1. Solid Edible Cannabis
8.2. Inhaling Cannabis
8.3. Liquid Edible Cannabis
8.4. Topical Cannabis
8.5. Other Cannabis Types
9. Key Analytics
9.1. Porter’s 5 Force Model
9.1.1. Threat Of New Entrants
9.1.2. Threat Of Substitute Products
9.1.3. Bargaining Power Of Buyer
9.1.4. Bargaining Power Of Supplier
9.1.5. Intensity Of Competitive Rivalry
9.2. Opportunity Matrix
9.3. Key Buying Criteria
9.3.1. Cost
9.3.2. Requirement
9.3.3. Effectiveness
9.4. Vendor Landscape
10. Geographical Analysis
10.1. Asia Pacific
10.1.1. China
10.1.2. India
10.1.3. Japan
10.1.4. South Korea
10.1.5. Australia
10.1.6. Rest Of Asia Pacific
11. Competitive Landscape
11.1. Company Profile
11.1.1. Accelerated Technology Laboratories, Inc.
11.1.2. Agilent Technologies, Inc.
11.1.3. Eli Lilly
11.1.4. Perkinelmer, Inc.
11.1.5. Anresco Laboratories
11.1.6. Digipath, Inc.
11.1.7. Steep Hill Halent Laboratories, Inc.
11.1.8. Sdpharma Labs Llc (Pharmlabs™ Llc)
11.1.9. Restek Corporation
11.1.10. Sc Laboratories, Inc.
11.1.11. Thermo Fisher Scientific, Inc.
11.1.12. Sigma-aldrich (Acquired By Merck Group)
11.1.13. Shimadzu Corporation
11.1.14. Waters Corporation
11.1.15. Ab Sciex Llc
11.1.16. Cannasafe Analytics
11.1.17. Lablynx, Inc.
11.1.18. Gentech Scientific
11.1.19. Cannabilab
11.1.20. Pharmalab
11.1.21. Urofins Proxy Laboratories
11.1.22. Test Lab Amsterdam
List Of Tables
Table 1 Asia Pacific Cannabis Testing Market By Country 2019-2027 ($ Million)
Table 2 Asia Pacific Cannabis Testing Market By Type 2019-2027 ($ Million)
Table 3 Asia Pacific Cannabis Testing Market By Product & Software 2019-2027 ($ Million)
Table 4 Asia Pacific Cannabis Testing Products Market By Type 2019-2027 ($ Million)
Table 5 Asia Pacific Cannabis Testing Market By End-user 2019-2027 ($ Million)
Table 6 Asia Pacific Cannabis Testing Market By Cannabis Type 2019-2027 ($ Million)
Table 7 Asia Pacific Cannabis Testing Market By Country 2019-2027 ($ Million)
List Of Figures
Figure 1 Asia Pacific Cannabis Testing Market, Regional Outlook 2018 & 2027 (%)
Figure 2 Asia Pacific Cannabis Testing Market By Potency Testing 2019-2027 ($ Million)
Figure 3 Asia Pacific Cannabis Testing Market By Laboratories 2019-2027 ($ Million)
Figure 4 Asia Pacific Cannabis Testing Market By Inhaling Cannabis 2019-2027 ($ Million)
Figure 5 Asia Pacific Cannabis Testing Market, By Type 2018 & 2027 (%)
Figure 6 Asia Pacific Cannabis Testing Market By Terpene Profiling 2019-2027 ($ Million)
Figure 7 Asia Pacific Cannabis Testing Market By Heavy Metal 2019-2027 ($ Million)
Figure 8 Asia Pacific Cannabis Testing Market By Microbial Analysis 2019-2027 ($ Million)
Figure 9 Asia Pacific Cannabis Testing Market By Genetic Testing 2019-2027 ($ Million)
Figure 10 Asia Pacific Cannabis Testing Market By Residual Solvent Screening 2019-2027 ($ Million)
Figure 11 Asia Pacific Cannabis Testing Market By Potency Testing 2019-2027 ($ Million)
Figure 12 Asia Pacific Cannabis Testing Market By Pesticide Screening 2019-2027 ($ Million)
Figure 13 Asia Pacific Cannabis Testing Market, By Product & Software 2018 & 2027 (%)
Figure 14 Asia Pacific Cannabis Testing Market By Product 2019-2027 ($ Million)
Figure 15 Asia Pacific Cannabis Testing Products Market By Analytical Instruments 2019-2027 ($ Million)
Figure 16 Asia Pacific Cannabis Testing Products Market By Consumables 2019-2027 ($ Million)
Figure 17 Asia Pacific Cannabis Testing Market By Software 2019-2027 ($ Million)
Figure 18 Asia Pacific Cannabis Testing Market, By End-user 2018 & 2027 (%)
Figure 19 Asia Pacific Cannabis Testing Market By Laboratories 2019-2027 ($ Million)
Figure 20 Asia Pacific Cannabis Testing Market By Research Institutes 2019-2027 ($ Million)
Figure 21 Asia Pacific Cannabis Testing Market, By Cannabis Type 2018 & 2027 (%)
Figure 22 Asia Pacific Cannabis Testing Market By Solid Edible 2019-2027 ($ Million)
Figure 23 Asia Pacific Cannabis Testing Market By Inhaling Cannabis 2019-2027 ($ Million)
Figure 24 Asia Pacific Cannabis Testing Market By Liquid Edible Cannabis 2019-2027 ($ Million)
Figure 25 Asia Pacific Cannabis Testing Market By Topical Cannabis 2019-2027 ($ Million)
Figure 26 Asia Pacific Cannabis Testing Market By Other Cannabis Types 2019-2027 ($ Million)
Figure 27 Asia Pacific Cannabis Testing Market Regional Outlook 2018 & 2027 (%)
Figure 28 China Cannabis Testing Market 2019-2027 ($ Million)
Figure 29 India Cannabis Testing Market 2019-2027 ($ Million)
Figure 30 Japan Cannabis Testing Market 2019-2027 ($ Million)
Figure 31 South Korea Cannabis Testing Market 2019-2027 ($ Million)
Figure 32 Australia Cannabis Testing Market 2019-2027 ($ Million)
Figure 33 Roapac Cannabis Testing Market 2019-2027 ($ Million)

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