Medical Cannabis Market Size, Share, Trends, Regional Analysis, Segments, Revenue, Demand, Future Plans and Opportunities To 2028
The up-to-date coverage of the latest report Global Medical Cannabis Market 2021 Industry provides a detailed synopsis as well as a consistent evaluation of accurate profits over the forecasted timespan. Current trends, industry analysis, and growth development represented in the report are of great help for the new industry players entering the market. This report presents an in-depth analysis of the Medical Cannabis market size, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap, and forecast. This market research report includes an in-depth analysis of global and regional markets with the understanding given for variation in the growth of the industry in particular regions, giving a specific investigation of the market status, venture plans, establishment and usage, value patterns.
Global Medical Cannabis Market is forecasted to grow at 25.16% with factor such as increased medical use and legalization of cannabis.
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Medical cannabis market is growing due to increased usage of cannabis seeds in cosmetic products. However, complex regulatory structure for usage of cannabis acts as a restraint for its growth in the market.
Medical Cannabis Market Scenario
According to Data Bridge Market Research, the market for medical cannabis in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is MediPharm Labs Inc. which accounts an estimated market share of approximately 17.56% in the North American region
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Medical Cannabis market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Medical Cannabis market segments and regions.
Scope of the Report
By Product (Oil, Dried Medical Cannabis, Medical Cannabis Capsules, Vape Pen, Whole Flower, Creams & Moisturizer, Ground Flower, Patch, Mask & Serum, Cleanser, Others)
By Source (Natural, Synthetic), Species (Sativa, Hybrid, Cannabis Indica)
By Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC)/Delta-8-Tetrahydrocannabinol, Cannabigerol (CBG), Cannabinol, Others)
By Application (Pain Management, Anxiety, Muscle Spasms, Nausea, Appetite Loss, Cancer, Arthritis, Alzheimer’s Disease, Epilepsy, Depression and Sleep Disorders, Multiple Sclerosis, Autism, Mental Health Conditions, Elevate Mood, Others)
By Route of Administration (Oral Solutions and Capsules, Smoking, Topicals, Vaporizers, Others)
By End User (Homecare Settings, Hospital and Rehab Centers, Pharmaceutical Industry, Research and Development Centers, Others)
By Distribution Channel (B2C, B2B)
The Global Medical Cannabis study includes data from 2021 to 2027 useful for industry executives, marketing, sales and product managers, analysts, and anyone looking for market data in easily accessible document.
Medical Cannabis Market – Company Profiles
- Elixinol Global Limited
- Medical Marijuana, Inc.
- Peace Naturals Project Inc.
- BOL Pharma
- PharmaHemp, Kiehl’s (A Subsidiary of L’ORÉAL)
- Vermont Hemp Health
- Discover Health LLC
- Pacific roots
- CANOPY GROWTH CORPORATION
- Aurora Cannabis
- GW Pharmaceuticals plc.
- Pure Ratios
- MARY’s nutritionals
- Bioactive Solutions, Inc.
- Upstate Elevator Supply Co.
- FOLIUM BIOSCIENCES
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This report covers the current scenario and growth prospects of Global Medical Cannabis Market for the period 2021 to 2027. The study is a professional and in-depth study with around – no. of tables which provides statistics of actual scenario of industry and acts as valuable guide to direction companies and individuals interested in the domain.
The study elaborates factors of Global Medical Cannabis market such as market opportunities, risk, benefit, opportunity loss and profit along with surveyed customer perspective with a view of Short vs. Long Term goals etc. The detailed company/manufacturer profiles included sales figures, revenue, and price of Medical Cannabis products.
Trends Impacting the Market
Now the question is which other regions MediPharm Labs Inc. Aphria Inc. and Tilray are targeting? Data Bridge Market Research has estimated a large growth in North Medical cannabis market and the market leaders targeting U.S, Canada and Mexico to be their next revenue pockets for 2020.
The medical cannabis market is becoming more competitive every year with companies such as MediPharm Labs Inc. Aphria Inc. and Tilray as they are the market leaders for medical cannabis. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the medical cannabis market.
Scopes of the Global Medical Cannabis Market
- Global medical cannabis market is segmented on the basis of countries into the UU.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.
- On the basis of product, the market is segmented into oil, medical cannabis capsules, patch, whole flower, ground flower, vape pen, dried medical cannabis, creams & moisturizer, mask & serum, cleanser and others.
- On the basis of source, the market is segmented into synthetic and natural. On the basis of species, the market is segmented into cannabis indica, sativa and hybrid.
- On the basis of derivatives, the market is segmented into cannabidiol (CBD), tetrahydrocannabinol (THC)/delta-8-tetrahydrocannabinol, cannabinol, cannabigerol (CBG) and others.
- On the basis of application, the market is segmented into Alzheimer’s disease, appetite loss, cancer, epilepsy, autism, mental health conditions, multiple sclerosis, pain management, nausea, muscle spasms, arthritis, elevate mood, depression and sleep disorders, anxiety and others.
- On the basis of route of administration, the market is segmented into oral solutions and capsules, smoking, vaporizers, topicals and others.
- On the basis of end user, the market is segmented into pharmaceutical industry, research and development centers, homecare settings, hospital and rehab centers and others.
- On the basis of distribution channel, the market is segmented into B2B and B2C
The research provides answers to the following key questions:
- What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Medical Cannabis market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Medical Cannabis market?
- What are the prominent market trends influencing the development of the Medical Cannabis market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Medical Cannabis market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
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The Medical Cannabis Market Report Addresses the Following Queries:
- What is the estimated size of the Medical Cannabis market by 2027?
- Which segment accounted or a large share of the Medical Cannabis market in the past?
- Which segment is expected to account the largest market share by 2027?
- Which governing bodies have approved the use of Medical Cannabis?
- Which region accounts for a dominant share of the Medical Cannabis market?
- Which region is anticipated to create lucrative opportunities in the Medical Cannabis market?
Some extract from Table of Contents
- Overview of Global Medical Cannabis Market
- Medical Cannabis Size (Sales Volume) Comparison by Type (2021-2027)
- Medical Cannabis Size (Consumption) and Market Share Comparison by Application (2021-2027)
- Medical Cannabis Size (Value) Comparison by Region (2021-2027)
- Medical Cannabis Sales, Revenue and Growth Rate (2021-2027)
- Medical Cannabis Competitive Situation and Trends
- Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type [,Head-Mounted Displays, Assisted Reality Glasses, Mixed Reality Holographic Displays, Smart Helmets]
- Analyze competitors, including all important parameters of Medical Cannabis
- Global Medical Cannabis Manufacturing Cost Analysis
- Marketing Strategy Analysis, Research Conclusion
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In conclusion, the Medical Cannabis Market report is a reliable source for accessing the research data that is projected to exponentially accelerate your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis is also incorporated in the report along with speculation attainability investigation and venture return investigation.
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