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North America Cannabis Testing Market Forecast 2018-2026

North America Cannabis Testing Market Forecast 2018-2026

KEY FINDINGS

Cannabis testing is majorly carried out to detect the presence of heavy metals, impurities, residual solvents, pesticides or chemicals in order to assure the safety of cannabis for medicinal use. The North American cannabis testing market is expected to grow at a healthy CAGR of 10.51% over the forecast years of 2018-2026.

MARKET INSIGHTS

The presence of major industry players such as Restec Corporation and Thermo Fisher Inc is hugely responsible for driving the market growth in this region. Also, the increasing use of cannabis testing in the medical research and treatment due to its legalization in over 25 US states has hugely contributed to the market expansion. The market segments include by testing method, end-users, cannabis type and product and software segments.

COMPETITIVE INSIGHTS

Perkinelmer Inc, Agilent Technologies Inc, Cmt Laboratories Inc, Restek Corporation, Thermo Fisher Scientific Inc, AB Sciex Llc, Sigma-Aldrich (Acquired By Merck Group), Genentech Scientific and Cannasafe Analytics are some of the noted market players in this region.


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
2.5. Estimation Methodology
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Legalization Of Cannabis For Medical Use Is The Key Driver For The Cannabis Testing Market
3.2.2. North America Leads The Global Cannabis Testing Market
3.2.3. Laboratories To Have The Highest Share In The End-user Segment
3.2.4. Potency Test To Grow With The Highest Rate And Have The Largest Share
3.2.5. Funding In The Cannabis Industry Acts As An Opportunity
4. Market Dynamics
4.1. Etymology Of The Cannabis Testing Market
4.2. Market Definition And Scope
4.3. Market Drivers
4.3.1. Recognition Of Marijuana For Medical And Therapeutic Use By The Medical Fraternity
4.3.2. Rise In The Number Of Testing Facilities
4.3.3. Increasing Legalization Of The Use Of Cannabis For Medicine And Research
4.3.4. Rising Awareness About Cannabis Benefits Aided By A Strong Community Support
4.4. Market Restraints
4.4.1. Lack Of Uniform Industry Standards
4.4.2. High Costs Related To The Laboratory Analytical Instruments Used For The Cannabis Testing
4.5. Market Opportunities
4.5.1. Increase In Venture Funding For Cannabis Testing
4.6. Market Challenges
4.6.1. Shortage Of Skilled Professionals
4.6.2. High Capital Required For Initial Setup
4.6.3. Prejudices Against The Use Of Cannabis
5. Market Segmentation
5.1. Market By Testing Method
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
5.2. Market By Product & Software
5.2.1. Products
5.2.1.1. Analytical Instruments
5.2.1.2. Consumables
5.2.2. Software
5.3. Market By End User
5.3.1. Laboratories
5.3.2. Research Institutions
5.4. Market By Cannabis Type
5.4.1. Solid Edible
5.4.2. Inhaling Cannabis
5.4.3. Liquid Edible Cannabis
5.4.4. Topical Cannabis
6. Key Analytics
6.1. Porter’s 5 Force Model
6.1.1. Threat Of New Entrants
6.1.2. Threat Of Substitute Products
6.1.3. Bargaining Power Of Buyer
6.1.4. Bargaining Power Of Supplier
6.1.5. Intensity Of Competitive Rivalry
6.2. Key Trends
6.2.1. Us Cannabis Testing Is One Of The Promising Marketplace
6.2.2. Increasing Legalization Of Medical Marijuana Is Giving Rise To Developing Standards
6.2.3. Pesticide Screening To Promise Growth Opportunity
6.3. Opportunity Matrix
6.4. Legal, Policy & Regulatory Framework
6.5. Key Buying Criteria
6.5.1. Cost
6.5.2. Requirement
6.5.3. Effectiveness
6.6. Industry Structure
6.7. Investment Opportunities
6.7.1. Regional Opportunities
6.7.2. Investment Opportunities By Type Segment
7. Geographical Analysis-north America
7.1. United States
7.2. Canada
8. Competitive Landscape
8.1. Key Strategies And Analysis
8.1.1. Merger & Acquisition (M&A)
8.1.2. Product Launch
8.1.3. Partnerships
8.2. Market Share Analysis
8.3. Top Company Analysis
8.3.1. Thermo Fisher Scientific
8.3.2. Shimadzu Corp.
8.3.3. Agilent Technologies
8.3.4. Waters Corp.
8.3.5. Steep Hill Halent Laboratories
8.4. Key Strategies
8.4.1. List Of Merger & Acquisition
8.4.2. List Of Product Launches
8.4.3. List Of Partnership
8.5. Company Profile
8.5.1. Accelerated Technology Laboratories, Inc.
8.5.2. Agilent Technologies Inc.
8.5.3. Eli Lilly
8.5.4. Perkinelmer, Inc.
8.5.5. Anresco Laboratories
8.5.6. Digipath, Inc.
8.5.7. Steep Hill Halent Laboratories, Inc.
8.5.8. Sdpharma Labs Llc
8.5.9. Restek Corporation
8.5.10. Sc Laboratories Inc.
8.5.11. Thermo Fisher Scientific Inc
8.5.12. Sigma-aldrich (Acquired By Merck Group)
8.5.13. Shimadzu Corporation
8.5.14. Waters Corporation
8.5.15. Ab Sciex Llc
8.5.16. Cannasafe Analytics
8.5.17. Lablynx Inc
8.5.18. Gentech Scientific
List Of Tables
Table 1 North America Cannabis Testing Market By Region 2018-2026 ($ Million)
Table 2 Impact Analysis Of Drivers Of Cannabis Testing Market
Table 3 Impact Analysis Of Restraints Of The Cannabis Testing Market
Table 4 Impact Analysis Of Opportunities For The Cannabis Testing Market
Table 5 Impact Analysis Of Challenges Of The Cannabis Testing Market
Table 6 Major Suppliers Of The Cannabis Testing Market By Terpene Profiling
Table 7 Major Suppliers Of The Cannabis Testing Market By Heavy Metal
Table 8 Major Suppliers Of The Cannabis Testing Market By Microbial Analysis
Table 9 Major Suppliers Of The Genetic Cannabis Testing Market
Table 10 Major Suppliers Of The Cannabis Testing Market By Residual Solvent Screening
Table 11 Major Suppliers Of The Potency Cannabis Testing Market
Table 12 Major Suppliers Of The Pesticide Screening Cannabis Testing Market
Table 13 Major Suppliers Of The Cannabis Testing Product
Table 14 Major Suppliers In The Cannabis Testing Market By Software
Table 15 Major Suppliers Of The Cannabis Testing Market In Laboratories
Table 16 Major Suppliers Of The Cannabis Testing Market In Research Institutes
Table 17 Estimated Number Of Cannabis Business In Usa In 2016
Table 18 North America Cannabis Testing Market By Country 2018-2026 ($ Million)
Table 19 Key Players In Us
Table 20 Key Players In Canada
List Of Figures
Figure 1 North America Cannabis Testing Market, Regional Outlook 2017 & 2026 (%)
Figure 2 North America Cannabis Testing Market 2018-2026 ($ Million)
Figure 3 North America Cannabis Testing Market, By Laboratories 2018-2026 ($ Million)
Figure 4 North America Cannabis Testing Market, By Potency Testing 2018-2026 ($ Million)
Figure 5 Cannabis Testing Market Timeline
Figure 6 No. Of Scientist & Technicians Per 10,000 Employees
Figure 7 North America Cannabis Testing Market, By Testing Method 2017 & 2026 (%)
Figure 8 Opportunity Matrix For North America Cannabis Testing Market By Testing Method
Figure 9 North America Cannabis Testing Market By Terpene Profiling 2018-2026 ($ Million)
Figure 10 North America Cannabis Testing Market By Heavy Metal 2018-2026 ($ Million)
Figure 11 North America Cannabis Testing Market By Microbial Analysis 2018-2026 ($ Million)
Figure 12 North America Cannabis Testing Market By Genetic 2018-2026 ($ Million)
Figure 13 North America Cannabis Testing Market By Residual Solvent Screening 2018-2026 ($ Million)
Figure 14 North America Cannabis Testing Market By Potency 2018-2026 ($ Million)
Figure 15 North America Cannabis Testing Market By Pesticide Screening 2018-2026 ($ Million)
Figure 16 North America Cannabis Testing Market By Product & Software 2017 & 2026 (%)
Figure 17 Opportunity Matrix For North America Cannabis Testing Market By Product & Software
Figure 18 North America Cannabis Testing Market By Product 2018-2026 ($ Million)
Figure 19 North America Cannabis Testing Products Market By Analytical Instruments 2018-2026 ($ Million)
Figure 20 North America Cannabis Testing Products Market By Consumables 2018-2026 ($ Million)
Figure 21 North America Cannabis Testing Market By Software 2018-2026 ($ Million)
Figure 22 North America Cannabis Testing Market By End User 2017 & 2026 (%)
Figure 23 Opportunity Matrix For North America Cannabis Testing Market By End User
Figure 24 North America Cannabis Testing Market By Laboratories 2018-2026 ($ Million)
Figure 25 North America Cannabis Testing Market By Research Institutes 2018-2026 ($ Million)
Figure 26 North America Cannabis Testing Market By Cannabis Type 2017 & 2026 (%)
Figure 27 Opportunity Matrix For North America Cannabis Testing Market By Cannabis Type
Figure 28 North America Cannabis Testing Market By Solid Edible 2018-2026 ($ Million)
Figure 29 North America Cannabis Testing Market By Inhaling Cannabis 2018-2026 ($ Million)
Figure 30 North America Cannabis Testing Market By Liquid Edible Cannabis 2018-2026 ($ Million)
Figure 31 North America Cannabis Testing Market By Topical Cannabis 2018-2026 ($ Million)
Figure 32 Us Cannabis Testing Market 2018-2026 ($ Million)
Figure 33 North America Pesticide Screening Cannabis Testing Market 2018-2026 ($ Million)
Figure 34 Industry Process Flow: Cannabis Industry (Cannabis Testing Market)
Figure 35 Usa Cannabis Retail Sales For Period 2013-2020 ($ Billion)
Figure 38 North America Cannabis Testing Market Regional Outlook 2017 & 2026 (%)
Figure 39 United States Cannabis Testing Market 2018-2026 ($ Million)
Figure 40 Canada Cannabis Testing Market 2018-2026 ($ Million)
Figure 41 Market Share Of Top Companies In Global Cannabis Testing Market 2016

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