Europe Cannabis Testing Market is poised to cross USD 411 million in 2021

Posted by rohan on February 5th, 2018

The Europe Cannabis Testing Market was worth USD 232 million in 2016 and estimated to be growing at a CAGR of 12.1%, to reach USD 411 million by 2021. Cannabis Testing methods are used for discerning usage of cannabis in the fields of law, medicine and sport. The usage is detected by tests like hair testing, saliva testing, urine testing and blood testing. Unlike the alcohol detection by using breathalysers, detecting the usage of cannabis requires a lot of time by using any method. Tests like Duquenois-Levine can discern cannabis usage in a short time, but various other substances also gave false positive tests with the method.

Browse Market data tables and in-depth TOC of the Europe Cannabis Testing Market to 2021 @ https://www.marketdataforecast.com/market-reports/europe-cannabis-testing-market-3022/

Cannabis use by urine testing can be made out in the time period of 2-5 days after usage in infrequent users and about 15 days in heavy users. Blood testing is not used often since it is invasive. It can detect usage within 12-24 hours of exposure time in infrequent users and 7 days in heavy users. By hair testing usage can be detected even after 90 days of exposure and can detect concentrations as low as 1 pg/mg of sample. Through saliva testing, abuse can be observed in a window of 3 days, but it can detect compounds with concentration even in the range of 0.5 ng/mL.

Some of the driving factors of Europe Cannabis testing market are legalisation of cannabis for medical and recreational purposes in some regions, rising accidents under cannabis intoxication, growing usage of LIMS, expanding seminars and conferences to increase awareness about the tests and rising number of cannabis testing laboratories among others. A few constraints faced by this market are high price of instruments for testing cannabis usage, less number of skilled professionals and presence of alternative technologies.

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The Europe Cannabis Testing market is segmented on the basis of product & software into analytical instruments, consumables and software. Based on testing procedures, the market is divided into terpene profiling, potency testing, residual solvent screening, pesticide screening, genetic testing, heavy metal testing and microbial analysis. Potency testing has the highest market share in this segment. On the basis of end-users, the market is divided into cannabis cultivators, laboratories, drug manufacturers & dispensaries, and research institutes. Laboratories accounted for the largest market share in this segment owing to rising demand for cannabis testing software in labs.

The Europe market for Cannabis Testing is geographically segmented into United Kingdom, Spain, France, Germany and Italy. Europe is the second largest market in the world after North America. Ongoing legalisation of cannabis in some regions for medicinal purposes and rising number of road accidents under intoxication of cannabis is likely to propel the growth of this market in the region.

Some of the major players in the market include 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.

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rohan

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rohan
Joined: September 20th, 2017
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