(PharmaNewsWire.Com, February 15, 2019 ) Global Canabbis testing Market valued approximately USD 822.0 million in 2016 is anticipated to grow with a healthy growth rate of more than 12.5% over the forecast period 2017-2025. Key factors which gives growth to the Canabbis testing market are legalization of medical cannabis, coupled with the growing number of cannabis testing laboratories (specifically in the U.S.); growing adoption of LIMS in cannabis testing laboratories; and increasing awareness through conferences, symposia, and workshops. On the other hand, the high cost of analytical instruments, presence of alternative technologies, and dearth of skilled professionals are some of the major factors that are expected to restrain the growth of this market in the coming years.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product & software:
? LC ? GC ? Spectroscopy o MS o Atomic ? Column ? Standards ? Accessories ? LIMS
By Service:
? Potency ? Pesticides ? Heavy metals ? Genetic testing
By End user:
? Lab ? Pharmaceuticals ? Research
By Regions: ? North America o U.S. o Canada ? Europe o UK o Germany ? Asia Pacific o China o India o Japan ? Latin America o Brazil o Mexico ? Rest of the World
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