Table of Content

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
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
2.5. ESTIMATION METHODOLOGY

3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. LEGALIZATION OF CANNABIS FOR MEDICAL USE IS THE KEY DRIVER FOR CANNABIS TESTING MARKET
3.2.2. LABORATORIES TO HAVE THE HIGHEST SHARE IN END-USER SEGMENT
3.2.3. POTENCY TEST TO GROW WITH THE HIGHEST RATE AND HAVE THE LARGEST SHARE
3.2.4. FUNDING IN THE CANNABIS INDUSTRY ACTS AS AN OPPORTUNITY

4. MARKET DYNAMICS
4.1. ETYMOLOGY OF THE CANNABIS TESTING MARKET
4.2. MARKET DEFINITION AND SCOPE
4.3. MARKET DRIVERS
4.3.1. RECOGNITION OF MARIJUANA FOR MEDICAL AND THERAPEUTIC USE BY THE MEDICAL FRATERNITY
4.3.2. RISE IN THE NUMBER OF TESTING FACILITIES
4.3.3. INCREASING LEGALIZATION OF THE USE OF CANNABIS FOR MEDICINE AND RESEARCH
4.3.4. RISING AWARENESS ABOUT CANNABIS BENEFITS AIDED BY A STRONG COMMUNITY SUPPORT
4.4. MARKET RESTRAINTS
4.4.1. LACK OF UNIFORM INDUSTRY STANDARDS
4.4.2. HIGH COSTS RELATED TO THE LABORATORY ANALYTICAL INSTRUMENTS USED FOR THE CANNABIS TESTING
4.5. MARKET OPPORTUNITIES
4.5.1. RECENT LEGISLATION CHANGES GIVING RISE TO THE DEMAND IN DEVELOPING COUNTRIES
4.5.2. INCREASE IN VENTURE FUNDING FOR CANNABIS TESTING
4.6. MARKET CHALLENGES
4.6.1. SHORTAGE OF SKILLED PROFESSIONALS
4.6.2. HIGH CAPITAL REQUIRED FOR INITIAL SETUP
4.6.3. PREJUDICES AGAINST THE USE OF CANNABIS

5. MARKET SEGMENTATION
5.1. MARKET BY TESTING METHOD
5.1.1. TERPENE PROFILING
5.1.2. HEAVY METAL
5.1.3. MICROBIAL ANALYSIS
5.1.4. GENETIC
5.1.5. RESIDUAL SOLVENT SCREENING
5.1.6. POTENCY
5.1.7. PESTICIDE SCREENING
5.2. MARKET BY PRODUCT & SOFTWARE
5.2.1. PRODUCTS
5.2.1.1. ANALYTICAL INSTRUMENTS
5.2.1.2. CONSUMABLES
5.2.2. SOFTWARE
5.3. MARKET BY END USER
5.3.1. LABORATORIES
5.3.2. RESEARCH INSTITUTIONS
5.4. MARKET BY CANNABIS TYPE
5.4.1. SOLID EDIBLE
5.4.2. INHALING CANNABIS
5.4.3. LIQUID EDIBLE CANNABIS
5.4.4. TOPICAL CANNABIS

6. KEY ANALYTICS
6.1. PORTER’S 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 TRENDS
6.2.1. INCREASING LEGALIZATION OF MEDICAL MARIJUANA IS GIVING RISE TO DEVELOPING STANDARDS
6.2.2. PESTICIDE SCREENING TO PROMISE GROWTH OPPORTUNITY
6.3. OPPORTUNITY MATRIX
6.4. LEGAL, POLICY & REGULATORY FRAMEWORK
6.5. KEY BUYING CRITERIA
6.5.1. COST
6.5.2. REQUIREMENT
6.5.3. EFFECTIVENESS
6.6. INDUSTRY STRUCTURE
6.7. INVESTMENT OPPORTUNITIES
6.7.1. REGIONAL OPPORTUNITIES
6.7.2. INVESTMENT OPPORTUNITIES BY TYPE SEGMENT

7. GEOGRAPHICAL ANALYSIS-ASIA PACIFIC
7.1. CHINA
7.2. INDIA
7.3. JAPAN
7.4. AUSTRALIA
7.5. REST OF ASIA PACIFIC

8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIES AND ANALYSIS
8.1.1. MERGER & ACQUISITION (M&A)
8.1.2. PRODUCT LAUNCH
8.1.3. PARTNERSHIPS
8.2. MARKET SHARE ANALYSIS
8.3. TOP COMPANY ANALYSIS
8.3.1. THERMO FISCHER SCIENTIFIC
8.3.2. SHIMADZU CORP.
8.3.3. AGILENT TECHNOLOGIES
8.3.4. WATERS CORP.
8.3.5. STEEP HILL HALENT LABORATORIES
8.4. KEY STRATEGIES
8.4.1. LIST OF MERGER & ACQUISITION
8.4.2. LIST OF PRODUCT LAUNCHES
8.4.3. LIST OF PARTNERSHIP
8.5. COMPANY PROFILE
8.5.1. ACCELERATED TECHNOLOGY LABORATORIES, INC.
8.5.2. AGILENT TECHNOLOGIES INC.
8.5.3. ELI LILLY
8.5.4. PERKINELMER INC.
8.5.5. ANRESCO LABORATORIES
8.5.6. DIGIPATH, INC.
8.5.7. STEEP HILL HALENT LABORATORIES INC.
8.5.8. SDPHARMA LABS LLC
8.5.9. RESTEK CORPORATION
8.5.10. SC LABORATORIES, INC.
8.5.11. THERMO FISHER SCIENTIFIC INC
8.5.12. SIGMA-ALDRICH (ACQUIRED BY MERCK GROUP)
8.5.13. SHIMADZU CORPORATION
8.5.14. WATERS CORPORATION
8.5.15. AB SCIEX LLC
8.5.16. CANNASAFE ANALYTICS
8.5.17. LABLYNX INC
8.5.18. GENTECH SCIENTIFIC

List of Tables
TABLE 1 ASIA PACIFIC CANNABIS TESTING MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)
TABLE 2 IMPACT ANALYSIS OF DRIVERS OF CANNABIS TESTING MARKET
TABLE 3 IMPACT ANALYSIS OF RESTRAINTS OF THE CANNABIS TESTING MARKET
TABLE 4 IMPACT ANALYSIS OF OPPORTUNITIES FOR THE CANNABIS TESTING MARKET
TABLE 5 IMPACT ANALYSIS OF THE CHALLENGES FACED BY THE CANNABIS TESTING MARKET
TABLE 6 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY TERPENE PROFILING
TABLE 7 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY HEAVY METAL
TABLE 8 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY MICROBIAL ANALYSIS
TABLE 9 MAJOR SUPPLIERS OF THE GENETIC CANNABIS TESTING MARKET
TABLE 10 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY RESIDUAL SOLVENT SCREENING
TABLE 11 MAJOR SUPPLIERS OF THE POTENCY CANNABIS TESTING MARKET
TABLE 12 MAJOR SUPPLIERS OF THE PESTICIDE SCREENING CANNABIS TESTING MARKET
TABLE 13 MAJOR SUPPLIERS OF THE CANNABIS TESTING PRODUCT
TABLE 14 MAJOR SUPPLIERS IN THE CANNABIS TESTING MARKET BY SOFTWARE
TABLE 15 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET IN LABORATORIES
TABLE 16 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET IN RESEARCH INSTITUTES
TABLE 18 ASIA PACIFIC CANNABIS TESTING MARKET BY COUNTRY 2018-2026 ($ MILLION)


List of Figures
FIGURE 1 ASIA PACIFIC CANNABIS TESTING MARKET, REGIONAL OUTLOOK 2017 & 2026 (%)
FIGURE 2 ASIA PACIFIC CANNABIS TESTING MARKET, BY LABORATORIES 2018-2026 ($ MILLION)
FIGURE 3 ASIA PACIFIC CANNABIS TESTING MARKET, BY POTENCY TESTING 2018-2026 ($ MILLION)
FIGURE 4 CANNABIS TESTING MARKET TIMELINE
FIGURE 5 NO. OF SCIENTIST & TECHNICIANS PER 10,000 EMPLOYEES
FIGURE 6 ASIA PACIFIC CANNABIS TESTING MARKET, BY TESTING METHOD 2017 & 2026 (%)
FIGURE 7 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY TESTING METHOD
FIGURE 8 ASIA PACIFIC CANNABIS TESTING MARKET BY TERPENE PROFILING 2018-2026 ($ MILLION)
FIGURE 9 ASIA PACIFIC CANNABIS TESTING MARKET BY HEAVY METAL 2018-2026 ($ MILLION)
FIGURE 10 ASIA PACIFIC CANNABIS TESTING MARKET BY MICROBIAL ANALYSIS 2018-2026 ($ MILLION)
FIGURE 11 ASIA PACIFIC CANNABIS TESTING MARKET BY GENETIC 2018-2026 ($ MILLION)
FIGURE 12 ASIA PACIFIC CANNABIS TESTING MARKET BY RESIDUAL SOLVENT SCREENING 2018-2026 ($ MILLION)
FIGURE 13 ASIA PACIFIC CANNABIS TESTING MARKET BY POTENCY 2018-2026 ($ MILLION)
FIGURE 14 ASIA PACIFIC CANNABIS TESTING MARKET BY PESTICIDE SCREENING 2018-2026 ($ MILLION)
FIGURE 15 ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT & SOFTWARE 2017 & 2026 (%)
FIGURE 16 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT & SOFTWARE
FIGURE 17 ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT 2018-2026 ($ MILLION)
FIGURE 18 ASIA PACIFIC CANNABIS TESTING PRODUCTS MARKET BY ANALYTICAL INSTRUMENTS 2018-2026 ($ MILLION)
FIGURE 19 ASIA PACIFIC CANNABIS TESTING PRODUCTS MARKET BY CONSUMABLES 2018-2026 ($ MILLION)
FIGURE 20 ASIA PACIFIC CANNABIS TESTING MARKET BY SOFTWARE 2018-2026 ($ MILLION)
FIGURE 21 ASIA PACIFIC CANNABIS TESTING MARKET BY END USER 2017 & 2026 (%)
FIGURE 22 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY END USER
FIGURE 23 ASIA PACIFIC CANNABIS TESTING MARKET BY LABORATORIES 2018-2026 ($ MILLION)
FIGURE 24 ASIA PACIFIC CANNABIS TESTING MARKET BY RESEARCH INSTITUTES 2018-2026 ($ MILLION)
FIGURE 25 ASIA PACIFIC CANNABIS TESTING MARKET BY CANNABIS TYPE 2017 & 2026 (%)
FIGURE 26 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY CANNABIS TYPE
FIGURE 27 ASIA PACIFIC CANNABIS TESTING MARKET BY SOLID EDIBLE 2018-2026 ($ MILLION)
FIGURE 28 ASIA PACIFIC CANNABIS TESTING MARKET BY INHALING CANNABIS 2018-2026 ($ MILLION)
FIGURE 29 ASIA PACIFIC CANNABIS TESTING MARKET BY LIQUID EDIBLE CANNABIS 2018-2026 ($ MILLION)
FIGURE 30 ASIA PACIFIC CANNABIS TESTING MARKET BY TOPICAL CANNABIS 2018-2026 ($ MILLION)
FIGURE 31 ASIA PACIFIC PESTICIDE SCREENING CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 32 INDUSTRY PROCESS FLOW: CANNABIS INDUSTRY (CANNABIS TESTING MARKET)
FIGURE 33 ASIA PACIFIC CANNABIS TESTING MARKET REGIONAL OUTLOOK 2017 & 2026 (%)
FIGURE 34 CHINA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 35 INDIA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 36 JAPAN CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 37 AUSTRALIA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 38 ROAPAC CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 39 MARKET SHARE OF TOP COMPANIES IN GLOBAL CANNABIS TESTING MARKET 2016
 



List of Figures


FIGURE 1 ASIA PACIFIC CANNABIS TESTING MARKET, REGIONAL OUTLOOK 2017 & 2026 (%)
FIGURE 2 ASIA PACIFIC CANNABIS TESTING MARKET, BY LABORATORIES 2018-2026 ($ MILLION)
FIGURE 3 ASIA PACIFIC CANNABIS TESTING MARKET, BY POTENCY TESTING 2018-2026 ($ MILLION)
FIGURE 4 CANNABIS TESTING MARKET TIMELINE
FIGURE 5 NO. OF SCIENTIST & TECHNICIANS PER 10,000 EMPLOYEES
FIGURE 6 ASIA PACIFIC CANNABIS TESTING MARKET, BY TESTING METHOD 2017 & 2026 (%)
FIGURE 7 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY TESTING METHOD
FIGURE 8 ASIA PACIFIC CANNABIS TESTING MARKET BY TERPENE PROFILING 2018-2026 ($ MILLION)
FIGURE 9 ASIA PACIFIC CANNABIS TESTING MARKET BY HEAVY METAL 2018-2026 ($ MILLION)
FIGURE 10 ASIA PACIFIC CANNABIS TESTING MARKET BY MICROBIAL ANALYSIS 2018-2026 ($ MILLION)
FIGURE 11 ASIA PACIFIC CANNABIS TESTING MARKET BY GENETIC 2018-2026 ($ MILLION)
FIGURE 12 ASIA PACIFIC CANNABIS TESTING MARKET BY RESIDUAL SOLVENT SCREENING 2018-2026 ($ MILLION)
FIGURE 13 ASIA PACIFIC CANNABIS TESTING MARKET BY POTENCY 2018-2026 ($ MILLION)
FIGURE 14 ASIA PACIFIC CANNABIS TESTING MARKET BY PESTICIDE SCREENING 2018-2026 ($ MILLION)
FIGURE 15 ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT & SOFTWARE 2017 & 2026 (%)
FIGURE 16 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT & SOFTWARE
FIGURE 17 ASIA PACIFIC CANNABIS TESTING MARKET BY PRODUCT 2018-2026 ($ MILLION)
FIGURE 18 ASIA PACIFIC CANNABIS TESTING PRODUCTS MARKET BY ANALYTICAL INSTRUMENTS 2018-2026 ($ MILLION)
FIGURE 19 ASIA PACIFIC CANNABIS TESTING PRODUCTS MARKET BY CONSUMABLES 2018-2026 ($ MILLION)
FIGURE 20 ASIA PACIFIC CANNABIS TESTING MARKET BY SOFTWARE 2018-2026 ($ MILLION)
FIGURE 21 ASIA PACIFIC CANNABIS TESTING MARKET BY END USER 2017 & 2026 (%)
FIGURE 22 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY END USER
FIGURE 23 ASIA PACIFIC CANNABIS TESTING MARKET BY LABORATORIES 2018-2026 ($ MILLION)
FIGURE 24 ASIA PACIFIC CANNABIS TESTING MARKET BY RESEARCH INSTITUTES 2018-2026 ($ MILLION)
FIGURE 25 ASIA PACIFIC CANNABIS TESTING MARKET BY CANNABIS TYPE 2017 & 2026 (%)
FIGURE 26 OPPORTUNITY MATRIX FOR ASIA PACIFIC CANNABIS TESTING MARKET BY CANNABIS TYPE
FIGURE 27 ASIA PACIFIC CANNABIS TESTING MARKET BY SOLID EDIBLE 2018-2026 ($ MILLION)
FIGURE 28 ASIA PACIFIC CANNABIS TESTING MARKET BY INHALING CANNABIS 2018-2026 ($ MILLION)
FIGURE 29 ASIA PACIFIC CANNABIS TESTING MARKET BY LIQUID EDIBLE CANNABIS 2018-2026 ($ MILLION)
FIGURE 30 ASIA PACIFIC CANNABIS TESTING MARKET BY TOPICAL CANNABIS 2018-2026 ($ MILLION)
FIGURE 31 ASIA PACIFIC PESTICIDE SCREENING CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 32 INDUSTRY PROCESS FLOW: CANNABIS INDUSTRY (CANNABIS TESTING MARKET)
FIGURE 33 ASIA PACIFIC CANNABIS TESTING MARKET REGIONAL OUTLOOK 2017 & 2026 (%)
FIGURE 34 CHINA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 35 INDIA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 36 JAPAN CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 37 AUSTRALIA CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 38 ROAPAC CANNABIS TESTING MARKET 2018-2026 ($ MILLION)
FIGURE 39 MARKET SHARE OF TOP COMPANIES IN GLOBAL CANNABIS TESTING MARKET 2016

 

List of Tables


TABLE 1 ASIA PACIFIC CANNABIS TESTING MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)
TABLE 2 IMPACT ANALYSIS OF DRIVERS OF CANNABIS TESTING MARKET
TABLE 3 IMPACT ANALYSIS OF RESTRAINTS OF THE CANNABIS TESTING MARKET
TABLE 4 IMPACT ANALYSIS OF OPPORTUNITIES FOR THE CANNABIS TESTING MARKET
TABLE 5 IMPACT ANALYSIS OF THE CHALLENGES FACED BY THE CANNABIS TESTING MARKET
TABLE 6 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY TERPENE PROFILING
TABLE 7 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY HEAVY METAL
TABLE 8 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY MICROBIAL ANALYSIS
TABLE 9 MAJOR SUPPLIERS OF THE GENETIC CANNABIS TESTING MARKET
TABLE 10 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET BY RESIDUAL SOLVENT SCREENING
TABLE 11 MAJOR SUPPLIERS OF THE POTENCY CANNABIS TESTING MARKET
TABLE 12 MAJOR SUPPLIERS OF THE PESTICIDE SCREENING CANNABIS TESTING MARKET
TABLE 13 MAJOR SUPPLIERS OF THE CANNABIS TESTING PRODUCT
TABLE 14 MAJOR SUPPLIERS IN THE CANNABIS TESTING MARKET BY SOFTWARE
TABLE 15 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET IN LABORATORIES
TABLE 16 MAJOR SUPPLIERS OF THE CANNABIS TESTING MARKET IN RESEARCH INSTITUTES
TABLE 18 ASIA PACIFIC CANNABIS TESTING MARKET BY COUNTRY 2018-2026 ($ MILLION)