Global Cannabis Testing Market Positive long-term growth outlook 2016-21
According to the report Global Cannabis Testing Market, published by Market Data Forecast, the market was worth USD 860 million and it is projected to reach USD 1.53 billion by 2021, at a CAGR of 12.3% from 2016 to 2021.
(EMAILWIRE.COM, December 19, 2017 ) Cannabis testing consists of number of drug methodologies for detecting the use of cannabis testing market in the field of medicine, sport and law. Cannabis is detected by the various tests like saliva tests, hair analysis and urinalysis which are time taking process. Unlike alcohol it can't be tested using a breathalyser. The data obtained from the test can be helpful in distinguishing active use from passive exposure, time elapsed since use, and duration of use.
A few tests like Duquenois-Levine test can be used for quick detection but its not reliable since it gives false positive results for many other substances than cannabinoids. Most of the cannabinoids are fat soluble compounds which are easily store in fat. So, it has long elimination half-life compared to other recreational drugs. Legality of cannabis issued due to the lack of suitable tests and intoxication levels especially regarding intoxicated driving.
Get a comprehensive overview of the Global Cannabis Testing Market: http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/
Global Cannabis Testing Market: Drivers & Restraints
Legalization of medical cannabis, rising number of accidents under the influence of cannabis, increasing number of seminars, conferences in order to increase awareness about the tests, growing number of cannabis testing laboratories and adoption of LIMS in cannabis testing laboratories are driving the growth of the Global Cannabis Testing market. However, high price of instruments of testing equipment, presence of alternative technologies and lack of skilled professionals are restraining the growth of the market.
Get accurate market forecast and analysis on the Global Cannabis Testing Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/request-sample
Global Cannabis Testing Market: Segmentation
By Product & Software
o Analytical Instruments
Chromatography Instruments
o Liquid Chromatography
o Gas Chromatography
o Other Chromatography Instruments
Spectroscopy Instruments
o Atomic Spectrometry Instruments
o Mass Spectroscopy Instruments
Other Analytical Instruments
o Consumables
Sample Preparation Products
Standards and CRMS
Chromatography Columns
Supplies and Accessories
o Software
By Testing Procedures
o Terpene Profiling
o Potency Testing
o Residual Solvent Screening
o Pesticide Screening
o Genetic Testing
o Heavy Metal Testing
o Microbial Analysis
By End Users
o Cannabis Cultivators
o Laboratories
Small-Scale Laboratories
Medium-Scale Laboratories
Large-Scale Laboratories
o Drug Manufacturers & Dispensaries
o Research Institutes
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.
Get customization at http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/customize-report
Global Cannabis Testing Market: Overview
Due to the ban on the use of cannabis in some parts of the world and increased cases of intoxicated driving made the escalating of proper cannabis testing. But some countries like U.S have legalized the use of cannabis for medical purposes and rise in intoxication levels. On the other hand, there are alternative technologies coming up in the place of cannabis testing. The Drug Enforcement Agency (DEA) has labelled cannabis under the schedule 1 classification as a dangerous narcotic. But the research articles on various websites are rapidly growing manufacture and application of cannabis in various medical conditions.
Global Cannabis Testing Market: Region-wise Outlook
The Global Cannabis Testing Market is geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America followed by Europe has dominated the market, accounting to around 34% share. Developing countries in Asia-Pacific region are expected to witness the highest growth rate due to the growing awareness about drug testing and reduction in prices.
Key Questions Answered
What is the current and future Global cannabis testing market outlook? What trends are affecting the Global market?
What is the competitive landscape and market share of major players in the Global cannabis testing market?
What are the key, high growth markets that cannabis testing equipment manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the cannabis testing currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of cannabis testing?
What are the challenges and barriers that have hindered widespread adoption of cannabis testing?
Global Cannabis Testing Market: Key Players
Some of the major players in the market include Agilent Technologies, Inc., Shimadzu Corporation, Waters Corporation, PerkinElmer, Inc., AB SCIEX LLC, Millipore Sigma, Restek Corporation, LabLynx, Inc. (U.S.), Steep Hill Labs, Inc., PharmLabs, LLC, SC Laboratories, Inc., Digipath Labs, Inc., CannaSafe Analytics, and Accelerated Technology Laboratories, Inc.
Reasons to buy Global Cannabis Testing Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Pharmaceuticals Segment:
Anticoccidial Drugs Market: http://www.marketdataforecast.com/market-reports/global-anticoccidial-drugs-market-13/
Preventive Vaccine Market: http://www.marketdataforecast.com/market-reports/global-preventive-vaccine-market-160/
Antifungal Drugs Market: http://www.marketdataforecast.com/market-reports/global-anti-fungal-drugs-market-242/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind speciality with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
A few tests like Duquenois-Levine test can be used for quick detection but its not reliable since it gives false positive results for many other substances than cannabinoids. Most of the cannabinoids are fat soluble compounds which are easily store in fat. So, it has long elimination half-life compared to other recreational drugs. Legality of cannabis issued due to the lack of suitable tests and intoxication levels especially regarding intoxicated driving.
Get a comprehensive overview of the Global Cannabis Testing Market: http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/
Global Cannabis Testing Market: Drivers & Restraints
Legalization of medical cannabis, rising number of accidents under the influence of cannabis, increasing number of seminars, conferences in order to increase awareness about the tests, growing number of cannabis testing laboratories and adoption of LIMS in cannabis testing laboratories are driving the growth of the Global Cannabis Testing market. However, high price of instruments of testing equipment, presence of alternative technologies and lack of skilled professionals are restraining the growth of the market.
Get accurate market forecast and analysis on the Global Cannabis Testing Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/request-sample
Global Cannabis Testing Market: Segmentation
By Product & Software
o Analytical Instruments
Chromatography Instruments
o Liquid Chromatography
o Gas Chromatography
o Other Chromatography Instruments
Spectroscopy Instruments
o Atomic Spectrometry Instruments
o Mass Spectroscopy Instruments
Other Analytical Instruments
o Consumables
Sample Preparation Products
Standards and CRMS
Chromatography Columns
Supplies and Accessories
o Software
By Testing Procedures
o Terpene Profiling
o Potency Testing
o Residual Solvent Screening
o Pesticide Screening
o Genetic Testing
o Heavy Metal Testing
o Microbial Analysis
By End Users
o Cannabis Cultivators
o Laboratories
Small-Scale Laboratories
Medium-Scale Laboratories
Large-Scale Laboratories
o Drug Manufacturers & Dispensaries
o Research Institutes
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.
Get customization at http://www.marketdataforecast.com/market-reports/cannabis-testing-market-3020/customize-report
Global Cannabis Testing Market: Overview
Due to the ban on the use of cannabis in some parts of the world and increased cases of intoxicated driving made the escalating of proper cannabis testing. But some countries like U.S have legalized the use of cannabis for medical purposes and rise in intoxication levels. On the other hand, there are alternative technologies coming up in the place of cannabis testing. The Drug Enforcement Agency (DEA) has labelled cannabis under the schedule 1 classification as a dangerous narcotic. But the research articles on various websites are rapidly growing manufacture and application of cannabis in various medical conditions.
Global Cannabis Testing Market: Region-wise Outlook
The Global Cannabis Testing Market is geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America followed by Europe has dominated the market, accounting to around 34% share. Developing countries in Asia-Pacific region are expected to witness the highest growth rate due to the growing awareness about drug testing and reduction in prices.
Key Questions Answered
What is the current and future Global cannabis testing market outlook? What trends are affecting the Global market?
What is the competitive landscape and market share of major players in the Global cannabis testing market?
What are the key, high growth markets that cannabis testing equipment manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the cannabis testing currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of cannabis testing?
What are the challenges and barriers that have hindered widespread adoption of cannabis testing?
Global Cannabis Testing Market: Key Players
Some of the major players in the market include Agilent Technologies, Inc., Shimadzu Corporation, Waters Corporation, PerkinElmer, Inc., AB SCIEX LLC, Millipore Sigma, Restek Corporation, LabLynx, Inc. (U.S.), Steep Hill Labs, Inc., PharmLabs, LLC, SC Laboratories, Inc., Digipath Labs, Inc., CannaSafe Analytics, and Accelerated Technology Laboratories, Inc.
Reasons to buy Global Cannabis Testing Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Pharmaceuticals Segment:
Anticoccidial Drugs Market: http://www.marketdataforecast.com/market-reports/global-anticoccidial-drugs-market-13/
Preventive Vaccine Market: http://www.marketdataforecast.com/market-reports/global-preventive-vaccine-market-160/
Antifungal Drugs Market: http://www.marketdataforecast.com/market-reports/global-anti-fungal-drugs-market-242/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind speciality with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results