Global Cannabis Testing Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023

  • ID: 4243304
  • Report
  • Region: Global
  • 140 Pages
  • Occams Business Research and Consulting
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The Global Cannabis Testing Market is Expected to Grow With the CAGR of Approximately 11.7% During 2016-2023

FEATURED COMPANIES

  • Agilent Technologies Inc.
  • CMT Laboratories Llc.
  • Eli Lilly
  • Pharmlabs Llc
  • SC Laboratories, Inc.
  • Sigma-Aldrich
  • MORE

The global cannabis testing market is expected to grow with the CAGR of approximately 11.7% during the forecast period 2016-2023. Increasing demand for LIMS systems in cannabis testing is one of the major driving factors for the market. 

LIMS is an effective platform for marijuana testing services in order to track internal processes, instrument integration, data collection and reporting capabilities. Lack of qualified technicians has forced governments to set up laboratory automation systems to do laboratory testing with the timely and cost-effective manner. It not only enhances the productivity and accuracy but it is also required to manage information effectively. A cloud LIMS system is extremely useful for medical marijuana testing labs. LIMS system is easy to use for the person who is handling cannabis testing. Expansion of cannabis testing laboratories, legalization on the utilization of cannabis in medicine and increasing drug driven accidents  are also driving the market growth. Lack of industry standards are acting as a major restraining factor for the market.

On the other hand, rising funding for cannabis industry and increasing demand in developing countries are creating good opportunity for the market. However, lack of skilled professionals and high initial investment are the crucial challenges for the market. Geographically, North America held major share for cannabis testing market, in terms of revenue in 2016 due to increasing demand for cannabis testing laboratories in California and the presence of major players such as Thermo Fisher Scientific (U.S.), Sigma-Aldrich (U.S.) in the region. The major players included in the report Are Thermo Fisher Scientific, Sigma-Aldrich, Agilent Technologies Inc., Perkinelemer Inc., Steep Hill Halent Laboratories Inc. and Eli Lilly etc. Product launches, mergers & acquisitions etc. are some crucial strategies adopted by the major players to gain competitive advantage. 

The global cannabis testing market is segmented into type, products & software and end-user. The type segment is further classified into terpene profiling, heavy metal testing, microbial analysis, genetic testing, residual solvent screening, potency testing and pesticide screening. According to products & software segment, the product segment comprises analytical instruments and consumables. The end-user is further classified into laboratories and research institutions. Laboratories  held major share in the end-user segment in 2015 due to increasing demand for cannabis testing software and products in laboratories. Particularly in the U.S., there has been significant rise witnessed in cannabis testing laboratories due to legalization on the utilization of cannabis in medicine, expansion of cannabis testing laboratories, and increasing availability of technologically developed analytical instruments and software i.e. LIMS for the cannabis industry.



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FEATURED COMPANIES

  • Agilent Technologies Inc.
  • CMT Laboratories Llc.
  • Eli Lilly
  • Pharmlabs Llc
  • SC Laboratories, Inc.
  • Sigma-Aldrich
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Cannabis Testing Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360 Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis
2.8.3. Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities in Emerging Applications
2.9.3. Investment Opportunity in Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Rising Demand for Lims Systems in Cannabis Testing
3.1.2. Expansion of Cannabis Testing Laboratories
3.1.3. Legalization On the Utilization of Cannabis in Medicine
3.1.4. Creating Awareness Through Programs
3.1.5. Increasing Drug Abuse Related Accidents
3.2. Market Restraints
3.2.1. Lack of Industry Standards for Cannabis Testing
3.2.2. High Cost of Analytical Instruments
3.3. Market Opportunities
3.3.1. Increasing Demand in Developing Countries
3.3.2. Rising Funding for the Cannabis Industry
3.4.   Market Challenges
3.4.1. Lack of Skilled Professionals
3.4.2. High Initial Investment

4. Market Segmentation
4.1. Global Cannabis Testing Market By Type
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4.  Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Terpene Profiling Cannabis Testing Market
4.1.5.1.1. Application
4.1.5.1.2. Adoption Scenario & Market Determinants
4.1.5.1.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.1.4. Top Players & Key Products
4.1.5.1.5. Key Conclusions
4.1.5.2. Global Heavy Metal Cannabis Testing Market
4.1.5.2.1. Application
4.1.5.2.2. Adoption Scenario & Market Determinants
4.1.5.2.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.2.4. Top Players & Key Products
4.1.5.2.5. Key Conclusions
4.1.5.3. Global Microbial Analysis Cannabis Testing Market
4.1.5.3.1. Application
4.1.5.3.2. Adoption Scenario & Market Determinants
4.1.5.3.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.3.4. Top Players & Key Products
4.1.5.3.5. Key Conclusions
4.1.5.4. Global Genetic Cannabis Testing Market
4.1.5.4.1. Application
4.1.5.4.2. Adoption Scenario & Market Determinants
4.1.5.4.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.4.4. Top Players & Key Products
4.1.5.4.5. Key Conclusions
4.1.5.5. Global Residual Solvent Screening Cannabis Testing Market
4.1.5.5.1. Application
4.1.5.5.2. Adoption Scenario & Market Determinants
4.1.5.5.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.5.4. Top Players & Key Products
4.1.5.5.5. Key Conclusions
4.1.5.6. Global Potency Cannabis Testing Market
4.1.5.6.1. Application
4.1.5.6.2. Adoption Scenario & Market Determinants
4.1.5.6.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.6.4. Top Players & Key Products
4.1.5.6.5. Key Conclusions
4.1.5.7. Global Pesticide Screening Cannabis Testing Market
4.1.5.7.1. Application
4.1.5.7.2. Adoption Scenario & Market Determinants
4.1.5.7.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.1.5.7.4. Top Players & Key Products
4.1.5.7.5. Key Conclusions
4.2. Global Cannabis Testing Market By Product & Software
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4.  Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Cannabis Testing Products Market
4.2.5.1.1. Application
4.2.5.1.2. Adoption Scenario & Market Determinants
4.2.5.1.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.2.5.1.4. Top Players & Key Products
4.2.5.1.5. Key Conclusions
4.2.5.1.6. Sub-Segment
4.2.5.1.6.1. Analytical Instruments
4.2.5.1.6.2. Consumables
4.2.5.2. Global Cannabis Testing Software Market
4.2.5.2.1. Application
4.2.5.2.2. Adoption Scenario & Market Determinants
4.2.5.2.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.2.5.2.4. Top Players & Key Products
4.2.5.2.5. Key Conclusions
4.3. Global Cannabis Testing Market By End-User
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Cannabis Testing Market in Laboratories
4.3.5.1.1. Application
4.3.5.1.2. Adoption Scenario & Market Determinants
4.3.5.1.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.3.5.1.4. Top Players & Key Products
4.3.5.1.5. Key Conclusions
4.3.5.2. Global Cannabis Testing Market in Research Institutions
4.3.5.2.1. Application
4.3.5.2.2. Adoption Scenario & Market Determinants
4.3.5.2.3. Market Estimation And Forecasts 2014-2023 ($ Million)
4.3.5.2.4. Top Players & Key Products
4.3.5.2.5. Key Conclusions

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of Mergers And Acquisition
5.1.2. List of Joint Ventures
5.1.3. List of Product Launches
5.1.4. List of Partnerships

6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4.  Global Cannabis Testing Market By Region 2014-2023 ($ Million)
6.4.1. North America
6.4.1.1. Industrial End-User Analysis 2014-2023 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.1.2.1.2. Top Players & Key Products
6.4.1.2.1.3. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.1.2.2.2. Top Players & Key Products
6.4.1.2.2.3. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry End-User Analysis 2014-2023 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. Uk
6.4.2.2.1.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.2.2.1.2. Top Players & Key Products
6.4.2.2.1.3. Key Conclusions
6.4.2.2.2. France
6.4.2.2.2.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.2.2.2.2. Top Players & Key Products
6.4.2.2.2.3. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.2.2.3.2. Top Players & Key Products
6.4.2.2.3.3. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.2.2.4.2. Top Players & Key Products
6.4.2.2.4.3. Key Conclusions
6.4.2.2.5. Rest of Europe
6.4.2.2.5.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.2.2.5.2. Top Players & Key Products
6.4.2.2.5.3. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry End-User Analysis 2014-2023 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.3.2.1.2. Top Players & Key Products
6.4.3.2.1.3. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.3.2.2.2. Top Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.3.2.3.2. Top Players & Key Products
6.4.3.2.3.3. Key Conclusions
6.4.3.2.4. Australia
6.4.3.2.4.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.3.2.4.2. Top Players & Key Products
6.4.3.2.4.3. Key Conclusions
6.4.3.2.5. Rest of Asia Pacific
6.4.3.2.5.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.3.2.5.2. Top Players & Key Products
6.4.3.2.5.3. Key Conclusions
6.4.4. Row
6.4.4.1. Industry End-User Analysis 2014-2023 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.4.2.1.2. Top Players & Key Products
6.4.4.2.1.3. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimation And Forecasts 2014-2023 ($ Million)
6.4.4.2.2.2. Top Players & Key Products
6.4.4.2.2.3. Key Conclusions

7. Company Profiles
7.1. Accelerated Technology Laboratories, Inc.
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Innovation Sector
7.1.4. Strategic Initiatives
7.1.5. Scot Analysis
7.1.6. Strategic Analysis
7.2. Agilent Technologies Inc.
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Innovation Sector
7.2.4. Strategic Initiatives
7.2.5. Scot Analysis
7.2.6. Strategic Analysis
7.3. Anresco Laboratories
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Innovation Sector
7.3.4. Strategic Initiatives
7.3.5. Scot Analysis
7.3.6. Strategic Analysis
7.4. CMT Laboratories Llc.
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Innovation Sector
7.4.4. Strategic Initiatives
7.4.5. Scot Analysis
7.4.6. Strategic Analysis
7.5. Digipath, Inc.
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Innovation Sector
7.5.4. Strategic Initiatives
7.5.5. Scot Analysis
7.5.6. Strategic Analysis
7.6. Eli Lilly
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Innovation Sector
7.6.4. Strategic Initiatives
7.6.5. Scot Analysis
7.6.6. Strategic Analysis
7.7. Perkinelmer, Inc.
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Innovation Sector
7.7.4. Strategic Initiatives
7.7.5. Scot Analysis
7.7.6. Strategic Analysis
7.8. Pharmlabs Llc
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Innovation Sector
7.8.4. Strategic Initiatives
7.8.5. Scot Analysis
7.8.6. Strategic Analysis
7.9. Restek Corporation
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Innovation Sector
7.9.4. Strategic Initiatives
7.9.5. Scot Analysis
7.9.6. Strategic Analysis
7.10. SC Laboratories, Inc.
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Innovation Sector
7.10.4. Strategic Initiatives
7.10.5. Scot Analysis
7.10.6. Strategic Analysis
7.11. Shimadzu Corporation
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Key Innovation Sector
7.11.4. Strategic Initiatives
7.11.5. Scot Analysis
7.11.6. Strategic Analysis
7.12. Sigma-Aldrich
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Key Innovation Sector
7.12.4. Strategic Initiatives
7.12.5. Scot Analysis
7.12.6. Strategic Analysis
7.13. Steep Hill Halent Laboratories, Inc.
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Key Innovation Sector
7.13.4. Strategic Initiatives
7.13.5. Scot Analysis
7.13.6. Strategic Analysis
7.14. Thermo Fisher Scientific
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Key Innovation Sector
7.14.4. Strategic Initiatives
7.14.5. Scot Analysis
7.14.6. Strategic Analysis
7.15. Waters Corporation
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Key Innovation Sector
7.15.4. Strategic Initiatives
7.15.5. Scot Analysis
7.15.6. Strategic Analysis

List of Tables
1. Global Cannabis Testing Market By Type 2014-2023 ($ Million)
2. Global Terpene Profiling Cannabis Testing Market By Geography 2014-2023 ($ Million)
3. Global Heavy Metal Cannabis Testing Market By Geography 2014-2023 ($ Million)
4. Global Microbial Analysis Cannabis Testing Market By Geography 2014-2023 ($ Million)
5. Global Genetic Testing Cannabis Testing Market By Geography 2014-2023 ($ Million)
6. Global Residual Solvent Screening Cannabis Testing Market By Geography 2014-2023 ($ Million)
7. Global Potency Cannabis Testing Market By Geography 2014-2023 ($ Million)
8. Global Pesticide Screening Cannabis Testing Market By Geography 014-2023 ($ Million)
9. Global Cannabis Testing Market By Product & Software 2014-2023 ($ Million)
10. Global Cannabis Testing Products Market By Geography 2014-2023 ($ Million)
11. Global Cannabis Testing Software Market By Geography 2014-2023 ($ Million)
12. Global Cannabis Testing Market By End-User 2014-2023 ($ Million)
13. Global Cannabis Testing Market in Laboratories By Geography 2014-2023 ($ Million)
14. Global Cannabis Testing Market in Research Institutions By Geography 2014-2023 ($ Million)
15. North America Cannabis Testing Market 2014-2023 ($ Million)
16. Europe Cannabis Testing Market 2014-2023 ($ Million)
17. Asia Pacific Cannabis Testing Market 2014-2023 ($ Million)
18. Rest of the World Cannabis Testing Market 2014-2023 ($ Million)

List of Figures
1. Global Terpene Profiling Cannabis Testing Market 2014-2023 ($ Million)
2. Global Heavy Metal Cannabis Testing Market 2014-2023 ($ Million)
3. Global Microbial Analysis Cannabis Testing Market 2014-2023 ($ Million)
4. Global Genetic Testing Cannabis Testing Market 2014-2023 ($ Million)
5. Global Residual Solvent Screening Cannabis Testing Market 2014-2023 ($ Million)
6. Global Potency Cannabis Testing Market 2014-2023 ($ Million)
7. Global Pesticide Screening Cannabis Testing Market 2014-2023 ($ Million)
8. Global Cannabis Testing Products Market 2014-2023 ($ Million)
9. Global Cannabis Testing Products Market 2014-2023 ($ Million)
10. Global Cannabis Testing Consumables Market 2014-2023 ($ Million)
11. Global Cannabis Testing Software Market 2014-2023 ($ Million)
12. Global Cannabis Testing Software Market 2014-2023 ($ Million)
13. Global Cannabis Testing Market in Laboratories 2014-2023 ($ Million)
14. Global Cannabis Testing Market in Research Institutions 2014-2023 ($ Million)
15. United States (U.S.) Cannabis Testing Market 2014-2023 ($ Million)
16. Canada Cannabis Testing Market 2014-2023 ($ Million)
17. United Kingdom (Uk) Cannabis Testing Market 2014-2023 ($ Million)
18. France Cannabis Testing Market 2014-2023 ($ Million)
19. Germany Cannabis Testing Market 2014-2023 ($ Million)
20. Spain Cannabis Testing Market 2014-2023 ($ Million)
21. Roe Cannabis Testing Market 2014-2023 ($ Million)
22. India Cannabis Testing Market 2014-2023 ($ Million)
23. China Cannabis Testing Market 2014-2023 ($ Million)
24. Japan Cannabis Testing Market 2014-2023 ($ Million)
25. Australia Cannabis Testing Market 2014-2023 ($ Million)
26. Roapac Cannabis Testing Market 2014-2023 ($ Million)
27. Latin America Cannabis Testing Market 2014-2023 ($ Million)
28. Mena Cannabis Testing Market 2014-2023 ($ Million)

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  • Accelerated Technology Laboratories, Inc.
  • Agilent Technologies Inc.
  • Anresco Laboratories
  • CMT Laboratories Llc.
  • Digipath, Inc.
  • Eli Lilly
  • Perkinelmer, Inc.
  • Pharmlabs Llc
  • Restek Corporation
  • SC Laboratories, Inc.
  • Shimadzu Corporation
  • Sigma-Aldrich
  • Steep Hill Halent Laboratories, Inc.
  • Thermo Fisher Scientific
  • Waters Corporation
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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