According to the Research Report, the Size of the Cannabis Testing Market in the Asia Pacific is valued at USD 227 Million in 2019 and estimated to be growing at a CAGR of 11.6%, to reach USD 390.51 million by 2024 during the forecast period 2019-2024.
Cannabis Testing methods define various methods for detecting cannabis usage in the fields of sport, law, and medicine. Some of the tests used for detection are blood testing, urine testing, hair testing, and saliva testing. Discerning the usage of cannabis usually requires a lot of time, no matter which method is used. Tests like Duquenois-Levine can detect the usage of cannabis in a short amount of time, but the test is unreliable since it gives false positive for other substances as well.
Cannabis use by urine testing can be detected 2-5 days after usage in infrequent users and about 15 days in heavy users. Blood testing is not used often as it is invasive, it can detect usage within 12-24 hours of use in infrequent users and in heavy users it can detect in 7 days window after usage. By a hair, testing usage can be discerned even after 90 days of usage and the main advantage of this method being the detection of concentrations as low as 1 pg/mg of sample. By saliva testing, abuse can be discerned in a window of 3 days, but it can detect compounds having concentration even in the range of 0.5 ng/mL.
The key driving factors of the Asia-Pacific Cannabis testing market are rising accidents under cannabis intoxication, cannabis legalization in some regions for medical and recreational purposes, growing usage of LIMS, increasing number of seminars and conferences to increase awareness about these tests and the growing number of cannabis testing laboratories among others. However, this market is constrained by the limited number of skilled professionals, the high price of instruments for testing cannabis usage, and the presence of alternative technologies.
This research report on the Asia Pacific Cannabis Testing Market has been segmented and sub-segmented into the following categories and analyzed market size and forecast for each segment until 2024.
By Testing Procedures: Terpene Profiling, Potency Testing, Residual Solvent Screening, Pesticide Screening, Genetic Testing, Heavy Metal Testing, Microbial Analysis
By End-user: Cannabis Cultivators, Laboratories, Drug Manufacturers & Dispensaries, Research Institutes
By Product & Software: Analytical Instruments, Consumables and Software.
By Country: India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC.
The developing economies in Asia-Pacific are the fastest growing regions in the world. Factors like the rising number of road accidents under the influence of cannabis and legalization for medical and recreational purposes in some regions are expected to surge the growth in this region.
Noteworthy Companies leading the Asia Pacific Cannabis Testing Market Profiled in the Report are Agilent Technologies, Inc., Shimadzu Corporation, Waters Corporation, PerkinElmer, Inc., AB SCIEX LLC, Millipore Sigma, Restek Corporation, LabLynx, Inc. (U.S.), Steep Hill Labs, Inc., PharmLabs, LLC, SC Laboratories, Inc., Digipath Labs, Inc., CannaSafe Analytics, and Accelerated Technology Laboratories, Inc.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product & Software
5.1.1 Analytical Instruments
220.127.116.11 Chromatography Instruments
18.104.22.168.1 Liquid Chromatography
22.214.171.124.2 Gas Chromatography
126.96.36.199.3 Other Chromatography Instruments
188.8.131.52 Spectroscopy Instruments
184.108.40.206.1 Atomic Spectrometry Instruments
220.127.116.11.2 Mass Spectroscopy Instruments
18.104.22.168 Other Analytical Instruments
22.214.171.124 Sample Preparation Products
126.96.36.199 Standards and CRMS
188.8.131.52 Chromatography Columns
184.108.40.206 Supplies and Accessories
5.1.5 Y-o-Y Growth Analysis, By Product & Software
5.1.6 Market Attractiveness Analysis, By Product & Software
5.1.7 Market Share Analysis, By Product & Software
5.2 Testing Procedures
5.2.1 Terpene Profiling
5.2.2 Potency Testing
5.2.3 Residual Solvent Screening
5.2.4 Pesticide Screening
5.2.5 Genetic Testing
5.2.6 Heavy Metal Testing
5.2.7 Microbial Analysis
5.2.8 Y-o-Y Growth Analysis, By Testing Procedures
5.2.9 Market Attractiveness Analysis, By Testing Procedures
5.2.10 Market Share Analysis, By Testing Procedures
5.3 End Users
5.3.1 Cannabis Cultivators
220.127.116.11 Small-Scale Laboratories
18.104.22.168 Medium-Scale Laboratories
22.214.171.124 Large-Scale Laboratories
5.3.3 Drug Manufacturers & Dispensaries
5.3.4 Research Institutes
5.3.5 Y-o-Y Growth Analysis, By End Users
5.3.6 Market Attractiveness Analysis, By End Users
5.3.7 Market Share Analysis, By End Users
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Product & Software
188.8.131.52 By Testing Procedures
184.108.40.206 By End Users
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Product & Software
18.104.22.168 By Testing Procedures
22.214.171.124 By End Users
6.1.5 Market Share Analysis
126.96.36.199 By Product & Software
188.8.131.52 By Testing Procedures
184.108.40.206 By End Users
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Agilent Technologies Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Shimadzu Corporation
8.3 Waters Corporation
8.4 PerkinElmer Inc.
8.5 AB SCIEX LLC
8.6 Millipore Sigma
8.7 Restek Corporation
8.8 LabLynx Inc. (U.S.)
8.9 Steep Hill Labs Inc.
8.10 PharmLabs LLC
8.11 SC Laboratories Inc.
8.12 Digipath Labs Inc.
8.13 CannaSafe Analytics
8.14 Accelerated Technology Laboratories Inc.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures