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Cannabis Testing Market Size, Share and Forecast 2026

(PharmaNewsWire.Com, August 30, 2019 ) Cannabis Testing Market

• Cannabis testing includes measurement of active ingredients and major chemical compounds in the given sample of cannabis. This testing also involves the detection of fungi and bacteria, which could lead to infections if unnoticed.

• Cannabis testing process involves sample and column preparation, identification of the analyte, identifying concentration and separating analyte.



Cannabis Testing Market Drivers

• According to the National Conference of State Legislature in January 2019, 33 states in the united states where 60% of the population resides are approved for usage of cannabis for medical purpose. Thus growing approval for medical marijuana will create demand for analytical equipment for safety testing for human consumption.

• In June 2018, U.S approved a first cannabis-based drug for the treatment of epilepsy by GW Pharmaceuticals PLC.



Cannabis Testing Market restraints

• Major factors hindering the global cannabis testing market are a high cost associated with cannabis testing equipment and stringent government regulations in some parts of the world for cannabis.



Cannabis Testing Market Segmentation Analysis

• Global cannabis testing market is segmented by product type, testing type, and end users. Product type includes gas chromatography, liquid chromatography, mass spectrometry, atomic spectrometry, consumables, and testing software, and consumables include columns, sample preparation devices, accessories, and others.

• Testing type includes pesticide testing, potency and moisture qualification, mycotoxin contamination, terpene analysis, heavy metals, and toxic element testing, and others, and end users include research laboratories, drug manufacturers, testing laboratories, and others.

• Testing laboratories segment is expected to dominate global cannabis testing market during the forecast period due to rise in establishments of cannabis testing labs in the cannabis approved regions, availability of technologically advanced products in laboratories, and a rapid surge in huge investments by key players in establishing laboratories.



Global Cannabis Testing Market Geographical Share

The global cannabis testing market is segmented into

• North America,

• Europe,

• Asia Pacific,

• South America,

• Middle East & Africa.



Cannabis Testing Market Competitive Trends

Major market players in the cannabis testing market are

• Agilent Technologies, Inc.,

• Shimadzu Corporation,

• Perkinelmer, Inc,

• Others.



View full report : https://www.datamintelligence.com/research-report/cannabis-testing-market



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Source: EmailWire.Com

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