Canada In-vitro Toxicology Assays For Cannabis And Nicotine Testing Market Size & Outlook
The in-vitro toxicology assays market for cannabis and nicotine testing market in Canada is expected to reach a projected revenue of US$ 166.8 million by 2028. A compound annual growth rate of 14.9% is expected of Canada in-vitro toxicology assays market for cannabis and nicotine testing market from 2021 to 2028.
Revenue, 2020 (US$M)
$54.8
Forecast, 2028 (US$M)
$166.8
CAGR, 2021 - 2028
14.9%
Report Coverage
Canada
Canada in-vitro toxicology assays market for cannabis and nicotine testing market, 2017-2028 (US$M)
Related Markets
Canada in-vitro toxicology assays market for cannabis and nicotine testing market highlights
- The Canada in-vitro toxicology assays market for cannabis and nicotine testing market generated a revenue of USD 54.8 million in 2020 and is expected to reach USD 166.8 million by 2028.
- The Canada market is expected to grow at a CAGR of 14.9% from 2021 to 2028.
- In terms of segment, cannabis testing was the largest revenue generating type in 2020.
- Cannabis Testing is the most lucrative type segment registering the fastest growth during the forecast period.
In-vitro toxicology assays market for cannabis and nicotine testing market data book summary
| Market revenue in 2020 | USD 54.8 million |
| Market revenue in 2028 | USD 166.8 million |
| Growth rate | 14.9% (CAGR from 2020 to 2028) |
| Largest segment | Cannabis testing |
| Fastest growing segment | Cannabis Testing |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cannabis Testing, Nicotine Testing |
| Key market players worldwide | Toxikon, Stemina Biomarker Discovery, Broughton, Labstat, Iontox, Integrated Software Solutions, Montrose, Pbr Laboratories |
Other key industry trends
- In terms of revenue, Canada accounted for 4.4% of the global in-vitro toxicology assays market for cannabis and nicotine testing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. in-vitro toxicology assays market for cannabis and nicotine testing market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 166.8 million by 2028.
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In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Market Scope
In-vitro toxicology assays market for cannabis and nicotine testing market segmentation & scope
In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada in-vitro toxicology assays market for cannabis and nicotine testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in-vitro toxicology assays market for cannabis and nicotine testing market will help companies and investors design strategic landscapes.
Cannabis testing was the largest segment with a revenue share of 52.55% in 2020. Horizon Databook has segmented the Canada in-vitro toxicology assays market for cannabis and nicotine testing market based on cannabis testing, nicotine testing covering the revenue growth of each sub-segment from 2017 to 2028.
- Canada In-vitro Toxicology Assays For Cannabis And Nicotine Testing Type Outlook (Revenue, USD Million, 2017-2028)
- Cannabis Testing
- Nicotine Testing
- Canada In-vitro Toxicology Assays For Cannabis And Nicotine Testing Technology Outlook (Revenue, USD Million, 2017-2028)
- 3D Cell Culture Technology
- Mass Spectrometry
- Flow Cytometry
- Other Technology
- Canada In-vitro Toxicology Assays For Cannabis And Nicotine Testing Application Outlook (Revenue, USD Million, 2017-2028)
- Genetic Toxicity Testing
- Carcinogenicity Testing
- Cytotoxicity Testing
- Mutagenicity Testing
- Other Application
- Canada In-vitro Toxicology Assays For Cannabis And Nicotine Testing Method Outlook (Revenue, USD Million, 2017-2028)
- Other Methods
- Cellular Assay
- Fixed Cells
- Live Cells
- High Throughput / High Content Screening
- Molecular Imaging
- Other Live Cells
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Target buyers of Canada in-vitro toxicology assays market for cannabis and nicotine testing market databook
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Our clientele includes a mix of in-vitro toxicology assays market for cannabis and nicotine testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada in-vitro toxicology assays market for cannabis and nicotine testing market, including forecasts for subscribers. This country databook contains high-level insights into Canada in-vitro toxicology assays market for cannabis and nicotine testing market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Canada in vitro toxicology assays cannabis nicotine testing market report size, by type, 2017-2028 (US$M)
Canada In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Market Share, 2020 & 2028 (US$M)
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