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Cannabis Testing Market Worldwide Top Players Revenue And Forecasts To 2026

The global cannabis testing market size was valued at US$ 926.3 million in 2017, and is expected to witness a CAGR of 13.2% over the forecast period (2018 – 2026).

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Cannabis Testing Market Worldwide Top Players Revenue And Forecasts To 2026

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  1. Cannabis Testing Market Drivers Is Responsible To For Increasing Cannabis Testing Market Drivers Is Responsible To For Increasing Market Share, Forecast 2026 Market Share, Forecast 2026 Cannabis testing Cannabis testing involves quantification of major chemical compound and active ingredient in the given specimen of cannabis. Cannabinoids and terpene are major active ingredient that has medicinal potency. Depending on the concentration of the chemical active ingredient, the potency of the sample representing huge quantity of cannabis is decided. Cannabis testing is performed with the help of analytical instruments such as liquid chromatography, gas chromatography etc. Commercial labs offers dedicated cannabis testing services in developed region. Increasing number of the medicinal usage is propelling demand for commercial manufacturing of cannabis. However, government authorities demands quality testing of the cannabis before using them for recreational and medicinal purpose Request Sample Copy of Research Report: Request Sample Copy of Research Report: https://www.coherentmarketinsights.com/insight/request- https://www.coherentmarketinsights.com/insight/request- sample/170 sample/170 Market Dynamics Market Dynamics Cannabis testing products and services market is witnessing significant growth with increased government approval and loosening regulatory stringent ness over use of cannabis for commercial and recreational purpose. For instance, in February 2016, the Australian government amended the Narcotics Drugs Act 1967, to allow cultivation of cannabis for medicinal or scientific purposes under a national licensing scheme, which is expected to favor the growth of the commercial manufacturing of cannabis plant in the region, which in turn would also drive growth of the cannabis testing market. Furthermore, the Australian government in January 2018, announced that it would allow medicinal cannabis exports, which is expected to provide growth opportunities for domestic manufacturers. Increasing number of laboratories offering cannabis testing is expected to further drive the market growth.

  2. Increased approval for cannabis-based drugs and new product launches for cannabis testing are expected Increased approval for cannabis-based drugs and new product launches for cannabis testing are expected to propel growth of the cannabis testing market to propel growth of the cannabis testing market Various cannabis manufacturer across globe are focused on introducing the cannabis products to target various disease, which in turn is expected to promote application of cannabis testing instruments, as this products need to be approved from the health regulatory bodies for their efficacy and purity. For instance, in May 2018, the U.S Food and Drug Administration (FDA) approved the medication, called Epidiolex manufactured by GW Pharmaceuticals to treat two rare forms of epilepsy caused by Lennox-Gastaut and Dravet syndromes in patients two years and older. Report includes chapters which deeply display the following deliverable about industry: Report includes chapters which deeply display the following deliverable about industry: • Cannabis Testing Market Research Objective and Assumption • Cannabis Testing Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Cannabis Testing Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Cannabis Testing Market , By Regions • Cannabis Testing Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Cannabis Testing Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Cannabis Testing Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Cannabis Testing Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion

  3. Key players operating in the cannabis testing market include Shimadzu Corporation, Agilent Key players operating in the cannabis testing market include Shimadzu Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Technologies, Inc., Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Millipore Sigma, AB SCIEX LLC, Cannabix Technologies, Inc., Waters Corporation, Steep Hill Labs, Inc., CannaSafe Analytics, Accelerated Cannabix Technologies, Inc., Waters Corporation, Steep Hill Labs, Inc., CannaSafe Analytics, Accelerated Technology Laboratories, Inc., LabLynx, Inc., SC Laboratories Inc., GenTech Scientific, Pharm Labs, LLC, Technology Laboratories, Inc., LabLynx, Inc., SC Laboratories Inc., GenTech Scientific, Pharm Labs, LLC, and Digipath Labs, Inc. and Digipath Labs, Inc. Inquire Here Before Purchase: Inquire Here Before Purchase: https://www.coherentmarketinsights.com/insight/talk-to-analyst/170 https://www.coherentmarketinsights.com/insight/talk-to-analyst/170 Detailed Segmentation: Detailed Segmentation: •Global Cannabis Testing Market, By Product and Service Type: •Product type •Analytical Instruments •Chromatography Instruments •Liquid Chromatography •Gas Chromatography •Others •Spectroscopy Instruments •Mass Spectroscopy •Atomic Spectroscopy •Consumables •Breathe Analyzer •Service Type •Potency Testing •Terpene Testing •Pesticide Testing •Residual Solvent •Heavy Metal Testing •Mycotoxin and Microbial Testing

  4. •Others •Global Cannabis Testing Market, By End Users: •Testing Laboratories •Drug Manufacturer •Research Institutes •Global Cannabis Testing Market, By Geography: •North America •Latin America •Europe •Asia Pacific •Middle East •Africa About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: Email: sales@coherentmarketinsights.com sales@coherentmarketinsights.com

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