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Cannabis Testing Market by Product, Test Type and End User: Global Opportunity Analysis and Industry Forecast, 2019-2027

  • ID: 5341579
  • Report
  • April 2021
  • Region: Global
  • 220 pages
  • Allied Analytics LLP
The global cannabis testing market was valued at $1,029 million in 2019, and is projected to reach $2,445 million by 2027, registering a CAGR of 11.9%. Cannabis testing refers to the analysis that an individual sample of cannabis may be examined to determine THC, CBD, and terpene levels as well as for contaminants and impurities such as residual solvents, mold, disease, pests or pesticide residue. Each individual state and municipality can impose its own standards & regulations for what needs to be tested and printed on cannabis labels. Furthermore, individual growers may opt for more stringent standards and go as far as to have their samples tested for CBC and CBG levels. This testing can be performed only by certified chemists and lab technicians.



Rising demand for cannabis legalization in several countries for medical purposes and increase in adoption of LIMS in cannabis testing laboratories are the key factors driving the growth of the cannabis testing market. Furthermore, collaborations between major companies are also expected to boost the market growth. However, high startup cost for cannabis testing laboratories is expected to restrain the growth of the market. These laboratories have to make significant investments in procuring and maintaining high-priced, advanced analytical equipment. Conversely, emerging economies across developing regions, such as LATAM and Asia-Pacific, are expected to provide new opportunities for market players in future.

The global cannabis testing market is segmented based on product, test type, end user, and region. On the basis of product, the cannabis testing market is classified into instruments, consumables, and software. Instruments are further classified into chromatography instruments and spectroscopy instruments. Furthermore, chromatography instruments segment is subdivided into liquid chromatography and gas chromatography. Spectroscopy instruments segment is bifurcated into mass spectrometry instruments and atomic spectroscopy. By test type, it is categorized into heavy metal testing, microbial analysis, potency testing, residual screening, and others. Furthermore, by end user, it is divided into cannabis cultivators/growers, cannabis drug manufacturers, and others.

KEY BENEFITS FOR STAKEHOLDERS
  • The study provides an in-depth analysis of the global cannabis testing market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • The report provides a quantitative analysis for the period of 2019-2027 to enable stakeholders to capitalize on the prevailing market opportunities.
  • Comprehensive analysis of all regions is provided to determine the prevailing opportunities in these regions.
  • Key market players have been profiled in the report and their strategies have been analyzed thoroughly to understand the competitive outlook of the global cannabis testing market.
  • Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the global cannabis testing market framework.
Key market segments

By Product
  • Instruments
  • Chromatography instruments
  • Liquid chromatography
  • Gas chromatography
  • Spectroscopy instruments
  • Mass spectrometry instruments
  • Atomic spectroscopy instruments
  • Consumables
  • Software
By Test Type
  • Heavy metal testing
  • Microbial analysis
  • Potency testing
  • Residual screening
  • Others
End User
  • Cannabis cultivators/growers
  • Cannabis drug manufacturers
  • Others
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Rest of Europe
  • Asia-Pacific
  • Australia
  • Japan
  • China
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East and Africa
Key Market Players
  • AGILENT TECHNOLOGIES INC.
  • Danaher Corporation
  • Merck KGAA
  • PerkinElmer
  • Restek Corporation
  • SC LABORATORIES
  • Shimadzu Corporation
  • Steep Hill
  • Thermo Fisher Scientific
  • Waters Corp
Note: Product cover images may vary from those shown
CHAPTER 1: EXECUTIVE SUMMARY
1.1. Key findings of the study
1.2. CXO perspective

CHAPTER 2: MARKET OVERVIEW
2.1. Market definition and scope
2.2. Key findings
2.2.1. Top investment pockets
2.2.2. Top winning strategies, 2019
2.3. Top player positioning, 2019
2.4. Porter’s five forces analysis
2.5. Market dynamics
2.5.1. Drivers
2.5.1.1. Growing demand for cannabis legalization in several countries for medical purpose
2.5.1.2. Increase in adoption of LIMS in cannabis testing laboratories
2.5.1.3. Collaborations between major companies
2.5.2. Restraints
2.5.2.1. High start-up costs for cannabis testing laboratories
2.5.3. Opportunities
2.5.3.1. High growth potential in untapped emerging economies
2.5.4. Impact analysis
2.6. COVID-19 impact analysis on the cannabis testing market

CHAPTER 3: CANNABIS TESTING MARKET, BY PRODUCT
3.1. Overview
3.1.1. Market size and forecast
3.2. Instruments
3.2.1. Key market trends, growth factors, and opportunities
3.2.2. Market size and forecast, by region
3.2.3. Market analysis, by country
3.2.4. Instruments market size and forecast, by type
3.2.4.1. Chromatography instruments
3.2.5. Chromatography instruments market size and forecast, by type
3.2.5.1.1. Liquid chromatography
3.2.5.1.2. Market size and forecast
3.2.5.1.3. Gas chromatography
3.2.5.1.4. Market size and forecast
3.2.5.2. Spectroscopy instruments
3.2.6. Spectroscopy instruments market size and forecast, by type
3.2.6.1.1. Mass spectrometry instruments
3.2.6.1.2. Market size and forecast
3.2.6.1.3. Atomic spectroscopy instruments
3.2.6.1.4. Market size and forecast
3.3. Consumables
3.3.1. Key market trends, growth factors, and opportunities
3.3.2. Market size and forecast, by region
3.3.3. Market analysis, by country
3.4. Software
3.4.1. Key market trends, growth factors, and opportunities
3.4.2. Market size and forecast, by region
3.4.3. Market analysis, by country

CHAPTER 4: CANNABIS MARKET, BY TEST TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Heavy metal testing
4.2.1. Market size and forecast, by region
4.2.2. Market analysis, by country
4.3. Microbial analysis
4.3.1. Market size and forecast, by region
4.3.2. Market analysis, by country
4.4. Potency testing
4.4.1. Market size and forecast, by region
4.4.2. Market analysis, by country
4.5. Residual screening
4.5.1. Market size and forecast, by region
4.5.2. Market analysis, by country
4.6. Others
4.6.1. Market size and forecast, by region
4.6.2. Market analysis, by country

CHAPTER 5: CANNABIS MARKET, BY END USER
5.1. Overview
5.1.1. Market size and forecast
5.2. Cannabis cultivators/growers
5.2.1. Market size and forecast, by region
5.2.2. Market analysis, by country
5.3. Cannabis drug manufacturers
5.3.1. Market size and forecast, by region
5.3.2. Market analysis, by country
5.4. Others
5.4.1. Market size and forecast, by region
5.4.2. Market analysis, by country

CHAPTER 6: CANNABIS TESTING MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by country
6.2.2.1. U.S.
6.2.2.1.1. U.S. Cannabis testing market, by product
6.2.2.1.2. U.S. cannabis testing market, by test type
6.2.2.1.3. U.S. cannabis testing market, by end user
6.2.2.2. Canada
6.2.2.2.1. Canada Cannabis testing market, by product
6.2.2.2.2. Canada cannabis testing market, by test type
6.2.2.2.3. Canada cannabis testing market, by end user
6.2.2.3. Mexico
6.2.2.3.1. Mexico Cannabis testing market, by product
6.2.2.3.2. Mexico cannabis testing market, by test type
6.2.2.3.3. Mexico cannabis testing market, by end user
6.2.3. Market size and forecast, by product
6.2.4. Market size and forecast, by test type
6.2.5. Market size and forecast, by end user
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country
6.3.2.1. Germany
6.3.2.1.1. Germany cannabis testing market, by product
6.3.2.1.2. Germany cannabis testing market, by test type
6.3.2.1.3. Germany cannabis testing market, by end user
6.3.2.2. France
6.3.2.2.1. France Cannabis testing market, by product
6.3.2.2.2. France cannabis testing market, by test type
6.3.2.2.3. France cannabis testing market, by end user
6.3.2.3. UK
6.3.2.3.1. UK Cannabis testing market, by product
6.3.2.3.2. UK cannabis testing market, by test type
6.3.2.3.3. UK cannabis testing market, by end user
6.3.2.4. Rest of Europe
6.3.2.4.1. Rest of Europe cannabis testing market, by product
6.3.2.4.2. Rest of Europe cannabis testing market, by test type
6.3.2.4.3. Rest of Europe cannabis testing market, by end user
6.3.3. Market size and forecast, by product
6.3.4. Market size and forecast, by test type
6.3.5. Market size and forecast, by end user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by country
6.4.2.1. Japan
6.4.2.1.1. Japan cannabis testing market, by product
6.4.2.1.2. Japan cannabis testing market, by test type
6.4.2.1.3. Japan cannabis testing market, by end user
6.4.2.2. China
6.4.2.2.1. China Cannabis testing market, by product
6.4.2.2.2. China cannabis testing market, by test type
6.4.2.2.3. China cannabis testing market, by end user
6.4.2.3. Australia
6.4.2.3.1. Australia cannabis testing market, by product
6.4.2.3.2. Australia cannabis testing market, by test type
6.4.2.3.3. Australia cannabis testing market, by end user
6.4.2.4. Rest of Asia-Pacific
6.4.2.4.1. Rest of Asia-Pacific cannabis testing market, by product
6.4.2.4.2. Rest of Asia-Pacific cannabis testing market, by test type
6.4.2.4.3. Rest of Asia-Pacific cannabis testing market, by end user
6.4.3. Market size and forecast, by product
6.4.4. Market size and forecast, by test type
6.4.5. Market size and forecast, by end user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country
6.5.3. Latin America
6.5.3.1. Latin America cannabis testing market, by product
6.5.3.1.1. Latin America cannabis testing market, by test type
6.5.3.1.2. Latin America cannabis testing market, by end user
6.5.3.2. Middle East & Africa
6.5.3.2.1. Middle East & Africa cannabis testing market, by product
6.5.3.2.2. Middle East & Africa cannabis testing market, by test type
6.5.3.2.3. Middle East & Africa cannabis testing market, by end user
6.5.4. Market size and forecast, by product
6.5.5. Market size and forecast, by test type
6.5.6. Market size and forecast, by end user

CHAPTER 7: COMPANY PROFILES
7.1. Agilent Technologies Inc.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. Danaher Corporation
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.3. MERCK KGAA
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product Portfolio
7.3.5. Business performance
7.4. Perkin Elmer
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. Restek Corporation
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.6. SC Laboratories
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.7. Shimadzu Coporation
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. Steep Hill
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Key strategic moves and developments
7.9. Thermo Fisher Scientific Inc.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. Water Corporation
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance

List of Tables
Table 01. Cannabis Testing Market, by Type, 2019-2027 ($Million)
Table 02. Cannabis Testing Market for Instruments, by Region, 2019-2027 ($Million)
Table 03. Cannabis Testing Instruments Market, by Type, 2019-2027 ($Million)
Table 04. Cannabis Testing Chromatography Instruments Market, by Type, 2019-2027 ($Million)
Table 05. Cannabis Testing Spectroscopy Instruments Market, by Type, 2019-2027 ($Million)
Table 06. Cannabis Testing Market for Consumables, by Region, 2019-2027 ($Million)
Table 07. Cannabis Testing Market for Software, by Region, 2019-2027 ($Million)
Table 08. Cannabis Market, by Test Type, 2019-2027 ($Million)
Table 09. Cannabis Market for Heavy Metal Testing, by Region, 2019-2027 ($Million)
Table 10. Cannabis Market for Microbial Analysis, by Region, 2019-2027 ($Million)
Table 11. Cannabis Market for Potency Testing, by Region, 2019-2027 ($Million)
Table 12. Cannabis Market for Residual Screening, by Region, 2019-2027 ($Million)
Table 13. Cannabis Market for Other, by Region, 2019-2027 ($Million)
Table 14. Cannabis Market, by End-user, 2019-2027 ($Million)
Table 15. Cannabis Market for Cannabis Cultivators/Growers, by Region, 2019-2027 ($Million)
Table 16. Cannabis Market for Cannabis Drug Manufacturers, by Region, 2019-2027 ($Million)
Table 17. Cannabis Market for Other, by Region, 2019-2027 ($Million)
Table 18. Cannabis Testing Market Revenue, by Region, 2019-2027 ($Million)
Table 19. North America Cannabis Testing Market, by Country, 2019-2027 ($Million)
Table 20. U.S. Cannabis Testing Market, by Product, 2019-2027
Table 21. U.S. Cannabis Testing Market, by Test Type, 2019-2027
Table 22. U.S. Cannabis Testing Market, by End-user, 2019-2027
Table 23. Canada Cannabis Testing Market, by Product, 2019-2027
Table 24. Canada Cannabis Testing Market, by Test Type, 2019-2027
Table 25. Canada Cannabis Testing Market, by End-user, 2019-2027
Table 26. Mexico Cannabis Testing Market, by Product, 2019-2027
Table 27. Mexico Cannabis Testing Market, by Test Type, 2019-2027
Table 28. Mexico Cannabis Testing Market, by End-user, 2019-2027
Table 29. North America Cannabis Testing Market, by Product, 2019-2027
Table 30. North America Cannabis Testing Market, by Test Type, 2019-2027
Table 31. North America Cannabis Testing Market, by End-user, 2019-2027
Table 32. Europe Cannabis Testing Market, by Country, 2019-2027 ($Million)
Table 33. Germany Cannabis Testing Market, by Product, 2019-2027
Table 34. Germany Cannabis Testing Market, by Test Type, 2019-2027
Table 35. Germany Cannabis Testing Market, by End-user, 2019-2027
Table 36. France Cannabis Testing Market, by Product, 2019-2027
Table 37. France Cannabis Testing Market, by Test Type, 2019-2027
Table 38. France Cannabis Testing Market, by End-user, 2019-2027
Table 39. UK Cannabis Testing Market, by Product, 2019-2027
Table 40. UK Cannabis Testing Market, by Test Type, 2019-2027
Table 41. UK Cannabis Testing Market, by End-user, 2019-2027
Table 42. Rest of Europe Cannabis Testing Market, by Product, 2019-2027
Table 43. Rest of Europe Cannabis Testing Market, by Test Type, 2019-2027
Table 44. Rest of Europe Cannabis Testing Market, by End-user, 2019-2027
Table 45. Europe Cannabis Testing Market, by Product, 2019-2027
Table 46. Europe Cannabis Testing Market, by Test Type, 2019-2027
Table 47. Europe Cannabis Testing Market, by End-user, 2019-2027
Table 48. Asia-Pacific Cannabis Testing Market, by Country, 2019-2027 ($Million)
Table 49. Japan Cannabis Testing Market, by Product, 2019-2027
Table 50. Japan Cannabis Testing Market, by Test Type, 2019-2027
Table 51. Japan Cannabis Testing Market, by End-user, 2019-2027
Table 52. China Cannabis Testing Market, by Product, 2019-2027
Table 53. China Cannabis Testing Market, by Test Type, 2019-2027
Table 54. China Cannabis Testing Market, by End-user, 2019-2027
Table 55. Australia Cannabis Testing Market, by Product, 2019-2027
Table 56. Australia Cannabis Testing Market, by Test Type, 2019-2027
Table 57. Australia Cannabis Testing Market, by End-user, 2019-2027
Table 58. Rest of Asia-Pacific Cannabis Testing Market, by Product, 2019-2027
Table 59. Rest of Asia-Pacific Cannabis Testing Market, by Test Type, 2019-2027
Table 60. Rest of Asia-Pacific Cannabis Testing Market, by End-user, 2019-2027
Table 61. Asia-Pacific Cannabis Testing Market, by Product, 2019-2027
Table 62. Asia-Pacific Cannabis Testing Market, by Test Type, 2019-2027
Table 63. Asia-Pacific Cannabis Testing Market, by End-user, 2019-2027
Table 64. LAMEA Cannabis Testing Market, by Country, 2019-2027 ($Million)
Table 65. Latin America Cannabis Testing Market, by Product, 2019-2027
Table 66. Latin America Cannabis Testing Market, by Test Type, 2019-2027
Table 67. Latin America Cannabis Testing Market, by End-user, 2019-2027
Table 68. Middle East and Africa Cannabis Testing Market, by Product, 2019-2027
Table 69. Middle East and Africa Cannabis Testing Market, by Test Type, 2019-2027
Table 70. Middle East and Africa Cannabis Testing Market, by End-user, 2019-2027
Table 71. Middle East and Africa Cannabis Testing Market, by Product, 2019-2027
Table 72. LAMEA Cannabis Testing Market, by Test Type, 2019-2027
Table 73. LAMEA Cannabis Testing Market, by End-user, 2019-2027
Table 74. Agilent Technologies Inc.: Company Snapshot
Table 75. Agilent Technologies Inc.: Operating Segment
Table 76. Agilent Technologies Inc.: Product Portfolio
Table 77. Agilent Technologies Inc.: Key Strategic Moves and Developments
Table 78. Danaher Corporation: Company Snapshot
Table 79. Danaher Corporation: Operating Segment
Table 80. Danaher Corporation: Product Portfolio
Table 81. Merck KGaA: Company Snapshot
Table 82. Merck KGaA: Operating Segments
Table 83. Merck KGaA: Product Portfolio
Table 84. Perkin Elmer: Company Snapshot
Table 85. Perkin Elmer: Operating Segments
Table 86. Perkin Elmer: Product Portfolio
Table 87. Restek Corporation: Company Snapshot
Table 88. Restek Corporation: Product Portfolio
Table 89. Sc Laboratories: Company Snapshot
Table 90. Sc Laboratories: Operating Segments
Table 91. Sc Laboratories: Product Portfolio
Table 92. Shimadzu Corporation: Company Snapshot
Table 93. Shimadzu Corporation: Operating Segments
Table 94. Shimadzu: Product Portfolio
Table 95. Steep Hill: Company Snapshot
Table 96. Steep Hill: Operating Segments
Table 97. Steep Hill: Product Portfolio
Table 98. Thermo Fisher Scientific, Inc.: Company Snapshot
Table 99. Thermo Fisher Scientific, Inc.: Operating Segments
Table 100. Thermo Fisher Scientific, Inc.: Product Portfolio
Table 101. Waters Corporation: Company Snapshot
Table 102. Water Corporation: Operating Segments
Table 103. Water Corporation: Product Type Portfolio

List of Figures
Figure 01. Global Cannabis Testing Market Segmentation
Figure 02. Top Investment Pockets
Figure 03. Top Winning Strategies, 2017-2021
Figure 04. Top Winning Strategies, by Year, 2017-2021
Figure 05. Top Winning Strategies: Nature and Type, 2017-2021
Figure 06. Top Player Positioning, 2019
Figure 07. Moderate Bargaining Power of Buyers
Figure 08. High Bargaining Power of Suppliers
Figure 09. Moderate Threat of Substitution
Figure 10. High Threat of New Entrants
Figure 11. High Competitive Rivalry
Figure 12. Impact Analysis
Figure 13. Comparative Analysis of Cannabis Testing Market, for Instruments by Country, 2019-2027 (%)
Figure 14. Liquid Chromatography Market, 2019-2027 ($Million)
Figure 15. Gas Chromatography Market, 2019-2027 ($Million)
Figure 16. Mass Spectrometry Market, 2019-2027 ($Million)
Figure 17. Atomic Spectroscopy Market, 2019-2027 ($Million)
Figure 18. Comparative Analysis of Cannabis Testing Market, for Consumables by Country, 2019-2027 (%)
Figure 19. Comparative Analysis of Cannabis Testing Market, for Software by Country, 2019-2027 (%)
Figure 20. Comparative Analysis of Cannabis Market, for Heavy Metal Testing by Country, 2019-2027 (%)
Figure 21. Comparative Analysis of Cannabis Market, for Microbial Analysis by Country, 2019-2027 (%)
Figure 22. Comparative Analysis of Cannabis Market, for Potency Testing by Country, 2019-2027 (%)
Figure 23. Comparative Analysis of Cannabis Market, for Residual Screening by Country, 2019-2027 (%)
Figure 24. Comparative Analysis of Cannabis Market, for Other by Country, 2019-2027 (%)
Figure 25. Comparative Analysis of Cannabis Market, for Cannabis Cultivators/Growers by Country, 2019-2027 (%)
Figure 26. Comparative Analysis of Cannabis Market, for Cannabis Drug Manufacturers by Country, 2019-2027 (%)
Figure 27. Comparative Analysis of Cannabis Market, for Other by Country, 2019-2027 (%)
Figure 28. U.S. Cannabis Testing Market, 2019-2027 ($Million)
Figure 29. Canada Cannabis Testing Market, 2019-2027 ($Million)
Figure 30. Mexico Cannabis Testing Market, 2019-2027 ($Million)
Figure 31. Germany Cannabis Testing Market, 2019-2027 ($Million)
Figure 32. France Cannabis Testing Market, 2019-2027 ($Million)
Figure 33. UK Cannabis Testing Market, 2019-2027 ($Million)
Figure 34. Rest of Europe Cannabis Testing Market, 2019-2027 ($Million)
Figure 35. Japan Cannabis Testing Market, 2019-2027 ($Million)
Figure 36. China Cannabis Testing Market, 2019-2027 ($Million)
Figure 37. Australia Cannabis Testing Market, 2019-2027 ($Million)
Figure 38. Rest of Asia-Pacific Cannabis Testing Market, 2019-2027 ($Million)
Figure 39. Latin America Cannabis Testing Market, 2019-2027 ($Million)
Figure 40. Middle East and Africa Cannabis Testing Market, 2019-2027 ($Million)
Figure 41. Agilent Technologies Inc.: Net Sales, 2018-2020 ($Million)
Figure 42. Agilent Technologies Inc.: RevenU.S.are by Segment, 2020(%)
Figure 43. Agilent Technologies Inc.: RevenU.S.are by Region, 2020 (%)
Figure 44. Danaher Corporation: Net Sales, 2018-2020 ($Million)
Figure 45. Danaher Corporation: RevenU.S.are by Segment, 2020
Figure 46. Danaher Corporation: RevenU.S.are by Region, 2020(%)
Figure 47. Merck KGaA: Sales, 2018-2020 ($Million)
Figure 48. Merck KGaA: RevenU.S.are by Segment, 2020 (%)
Figure 49. Merck KGaA: RevenU.S.are by Region, 2020 (%)
Figure 50. Perkin Elmer: Revenue, 2018-2020 ($Million)
Figure 51. Perkin Elmer: RevenU.S.are by Segment, 2020 (%)
Figure 52. Perkin Elmer: RevenU.S.are by Region, 2020 (%)
Figure 53. Shimadzu Corporation: Net Sales, 2017-2019 ($Million)
Figure 54. Shimadzu Corporation: Net Sales by Segment, 2019 (%)
Figure 55. Thermo Fisher Scientific, Inc.: Net Sales, 2017-2019 ($Million)
Figure 56. Thermo Fisher Scientific, Inc.: RevenU.S.are, by Segment, 2019 (%)
Figure 57. Thermo Fisher Scientific, Inc.: RevenU.S.are, by Region, 2019 (%)
Figure 58. Water Corporation: Revenue, 2018-2020 ($Million)
Figure 59. Water Corporation: RevenU.S.are by Segment, 2020 (%)
Figure 60. Water Corporation: RevenU.S.are by Region, 2020 (%)
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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