Syndicated Research Studies

In-vitro Toxicology Assays Industry For Cannabis And Nicotine Testing Overview The in-vitro toxicology assays market size for cannabis and nicotine testing was valued at USD 1,236.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.2% from 2021 to 2028. Rising usage of products based on cannabis and nicotine and the introduction of technologically advanced products are factors driving the in-vitro toxicology assay market for cannabis and nicotine testing. In addition, the rise in an adolescent population, which is more prone to use nicotine and cannabis-related products, will aid in market growth. Furthermore, the number of countries legalizing the use of medical cannabis is expected to increase in the coming years resulting in increasing usage of medical cannabis across the globe. The potential for significant tax revenues from cannabis is another factor that has resulted in an increasing number of counties legalizing its medical use. Gather mo...