North America Cannabis Testing Market Forecast 2017-2025

Publisher Name :
Date: 16-Sep-2017
No. of pages: 88

Key Findings

The North American cannabis testing market is expected to grow at a CAGR of 12.99%, generating $1370 million by the end of the forecast period of 2017-2025.

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 the legalization from 25 states in the US, has hugely contributed to the market expansion. The market segments include by testing methods, end-users, cannabis type, and product and software segments.

Competitive Insights

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

North America Cannabis Testing Market Forecast 2017-2025

Table of Contents

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
2.2. Top Down Approach
2.3. Bottom Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Key Findings
3.1.1. Steady Growth in Legalization of Cannabis for Medical Use
3.1.2. North America Is The Largest Cannabis Testing Market
3.1.3. Funding From Public and Private Institutions in The Cannabis Industry Is An Important Opportunity
4. Market Dynamics
4.1. Market Drivers
4.1.1. Laboratory Analysis Systems Being Used Increasingly for Cannabis Testing
4.1.2. Increase in The Number of Laboratories for The Research and Testing of Cannabis
4.1.3. Legalization On The Medical Cannabis
4.1.4. Increasing Awareness Regarding Cannabis Benefits
4.2. Market Restraints
4.2.1. Lack of Global Industry Standards
4.2.2. High Cost of Analytical Instruments Used for Cannabis Testing
4.3. Market Opportunities
4.3.1. Demand in Developing Countries On The Rise
4.3.2. Increase in Funding for Cannabis Testing
4.4. Market Challenges
4.4.1. Shortage of Skilled Professionals
4.4.2. High Capital Required for Initial Setup
5. Market Segmentation
5.1. Cannabis Testing Market By Testing Methods
5.1.1. Terpene Profiling Cannabis Testing Market
5.1.2. Heavy Metal Cannabis Testing Market
5.1.3. Microbial Analysis Cannabis Testing Market
5.1.4. Genetic Cannabis Testing Market
5.1.5. Residual Solvent Screening Cannabis Testing Market
5.1.6. Potency Cannabis Testing Market
5.1.7. Pesticide Screening Cannabis Testing Market
5.2. Cannabis Testing Market By Product & Software
5.2.1. Cannabis Testing Products Market
5.2.1.1. Analytical Instruments
5.2.1.2. Consumables
5.2.2. Cannabis Testing Software Market
5.3. Cannabis Testing Market By Cannabis Type
5.3.1. Cannabis Testing Market By Solid Edible Cannabis
5.3.2. Cannabis Testing Market By Inhaling Cannabis
5.3.3. Cannabis Testing Market By Liquid Edible Cannabis
5.3.4. Cannabis Testing Market By Topical Cannabis
5.4. Cannabis Testing Market By End-User
5.4.1. Cannabis Testing Market in Laboratories
5.4.2. Cannabis Testing Market in Research Institutions
6. Key Analytics
6.1. Porters 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 Buying Criteria
6.2.1. Cost
6.2.2. Requirement
6.2.3. Effectiveness
6.3. Industry Components
6.4. Legal, Policy and Regulatory Issues
7. Geographical Analysis
7.1. United States
7.2. Canada
8. Competitive Landscape
8.1. Key Strategies and Analysis
8.2. Market Share Analysis
8.3. Key Company Analysis
8.4. Strategic Recommendation
9. Company Profiles
9.1. Accelerated Technology Laboratories, Inc.
9.2. Agilent Technologies Inc.
9.3. Eli Lilly
9.4. Perkin Elmer, Inc.
9.5. Anresco Laboratories
9.6. Digipath, Inc
9.7. Cmt Laboratories, Inc.
9.8. Cannasafe Analytics
9.9. Millipore Sigma
9.10. Steep Hill Halent Laboratories, Inc.
9.11. Pharmlabs Llc
9.12. Restek Corporation
9.13. Sc Laboratories, Inc
9.14. Thermo Fisher Scientific Inc
9.15. Shimadzu Corporation
9.16. Waters Corporation
9.17. Pharmlabs

List of Tables
Table 1 Estimated Number of Cannabis Business in Usa in 2016
Table 2 North America Cannabis Testing Market By Type 2017-2025 ($ Million)
Table 3 North America Cannabis Testing Products By Testing Method 2017-2025 ($ Million)
Table 4 North America Cannabis Testing Market By Country 2017-2025 ($ Million)
Table 5 Key Players in Us
Table 6 Key Players in Canada

List of Figures
Figure 1 North America Cannabis Testing Market Share By Country 2016-2025 (%)
Figure 2 North America Cannabis Testing Market 2017-2025 ($ Million)
Figure 3 North America Laboratories Cannabis Testing Market 2017-2024 ($ Million)
Figure 4 North America Potency Testing Market 2017-2025 ($ Million)
Figure 5 Cannabis Testing Market Timeline
Figure 6 Industry Process Flow: Cannabis Industry (Cannabis Testing Market)
Figure 7 Usa Cannabis Retail Sales for Period 2013-2020 ($ Billion)
Figure 8 Us Cannabis Testing Market 2017-2025 ($ Million)
Figure 9 North America Pesticide Screening Cannabis Testing Market 2017-2025 ($ Million)
Figure 10 No. of Scientist & Technicians Per 10,000 Employees
Figure 11 North America Cannabis Testing Market Share By Type 2016 & 2025
Figure 12 North America Terpene Profiling Cannabis Testing Market 2017-2025 ($ Million)
Figure 13 North America Heavy Metal Cannabis Testing Market 2017-2025 ($ Million)
Figure 14 North America Microbial Analysis Cannabis Testing Market 2017-2025 ($ Million)
Figure 15 North America Genetic Cannabis Testing Market 2017-2025 ($ Million)
Figure 16 North America Residual Solvent Screening Cannabis Testing Market 2017-2025 ($ Million)
Figure 17 North America Potency Cannabis Testing Market 2017-2025 ($ Million)
Figure 18 North America Pesticide Screening Cannabis Testing Market 2017-2025 ($ Million)
Figure 19 North America Cannabis Testing Market Share By Product & Software 2016
Figure 20 North America Cannabis Testing Product Market 2017-2025 ($ Million)
Figure 21 North America Cannabis Testing Analytical Instruments Market 2017-2025 ($ Million)
Figure 22 North America Cannabis Testing Consumables Market 2017-2025 ($ Million)
Figure 23 North America Cannabis Testing Software Market 2017-2025 ($ Million)
Figure 24 North America Cannabis Testing Market Share By End User 2016 & 2025
Figure 25 North America Cannabis Testing Market in Laboratories By Geography 2017-2025 ($ Million)
Figure 26 North America Cannabis Testing Market in Laboratories 2017-2025 ($ Million)
Figure 27 North America Cannabis Testing Market in Research Institutes 2017-2025 ($ Million)
Figure 28 See-Saw Analysis for Cannabis Testing Market
Figure 29 United States Cannabis Testing Market 2017-2025 ($ Million)
Figure 30 Canada Cannabis Testing Market 2017-2025 ($ Million)
Figure 31 Market Share of Top Companies in Cannabis Testing Market 2016
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