Medical Cannabis Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027

nikhil.morankar

The growing application of medical cannabis in pain management in seizures, cancer, and muscle spasm will drive the demand for the market.

The global Medical Cannabis Market is forecasted to be worth USD 47.15 Billion by 2027, according to a current analysis by Emergen Research. An increase in medical cannabis products and the rise in research activities are driving the demand for the market. Moreover, the legalization of the product in several countries will also propel the demand for market growth.

The research study presents an industry-wide summary of the Medical Cannabis market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Medical Cannabis report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.

To get a sample copy of the Global Medical Cannabis Market report, [email protected] https://www.emergenresearch.com/request-sample/174

Key Highlights From The Report

  • In October 2020, MediPharm Labs Corp. signed an exclusive supply agreement with STADA to meet the growing demand for medical cannabis in Germany. STADA wanted to be the go-to partner for generics, which is achieved by the partnership.
  • The oil product type is forecasted to grow with the fastest CAGR of 17.5% due to the high demand for hemp oil among healthcare workers for clinical purposes. CBD oil can reduce depression and anxiety, alleviate cancer-related symptoms, and also relieves pain.
  • Inhalation is a preferred medium of administration, as it offers controlled dosage and effective absorption of cannabinoids into the body. This is expected to propel the demand for the market in the coming years.
  • Key participants include Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, Maricann Group, Inc., Tilray, Cronos Group, Organigram Holdings, Inc., Vivo Cannabis, Tikun Olam, and Insys Therapeutics, Inc., among others.

The Medical Cannabis market intelligence report talks about the market size, share, value, and production cost analysis over the forecast period 2019-2027.

To Get This Report At A Profitable [email protected] https://www.emergenresearch.com/request-discount/174

Medical Cannabis Market Region:

The market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

To identify the key trends in the industry, click on the link [email protected] https://www.emergenresearch.com/industry-report/medical-cannabis-market

Medical Cannabis Market Segmentation:

For imparting a clear understanding, the market is segmented on the basis of types, applications, and key geographical regions.

  • Product Type Outlook (Revenue, USD Billion; 2017-2027)
    • Oil
    • Buds
    • Tinctures
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Chronic Pain
    • Mental Disorders
    • Anorexia
    • Seizures
    • Muscle Spasm
    • Cancer
    • Others
  • Route of Administration Outlook (Revenue, USD Billion; 2017-2027)
    • Oral
    • Intravenous
    • Inhalation
    • Topical
  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
    • Dispensaries
    • Online

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Medical Cannabis Market Segmentation & Impact Analysis
4.1. Medical Cannabis Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing adoption of medical marijuana for treatment of chronic diseases
4.2.2.2. Growing legalization of medical marijuana in various countries
4.2.3. Market restraints analysis
4.2.3.1. Lower market access of marijuana due to absence of legalization programs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Medical Cannabis Market By Product Type Insights & Trends Revenue (USD Million)
5.1. Product Type Dynamics & Market Share, 2019 & 2027
5.1.1. Oil
5.1.2. Buds
5.1.3. Tinctures

Chapter 6. Medical Cannabis Market By Application Insights & Trends Revenue (USD Million)

6.1. Application Dynamics & Market Share, 2019 & 2027
6.1.1. Chronic Pain
6.1.2. Anorexia
6.1.3. Mental Disorders
6.1.4. Cancer
6.1.5. Muscle Spasm
6.1.6. Seizures
6.1.7. Others

Continue..!!

Inquire To Know Additional List of Market Players Included, Request [email protected] https://www.emergenresearch.com/purchase-enquiry/174

Brows Some Related Report by Emergen Research

Immunotherapy Drugs [email protected] https://www.google.com.nf/url?q=https://www.emergenresearch.com/industry-report/immunotherapy-drugs-market

IoT Integration [email protected] https://www.google.no/url?q=https://www.emergenresearch.com/industry-report/iot-integration-market

Progressive Web Application [email protected] https://www.google.com.om/url?q=https://www.emergenresearch.com/industry-report/progressive-web-application-market

Calcite [email protected] https://www.google.com.pk/url?q=https://www.emergenresearch.com/industry-report/calcite-market

Biological Wastewater Treatment [email protected] https://www.google.ps/url?q=https://www.emergenresearch.com/industry-report/biological-wastewater-treatment

Healthcare Supply Chain Management [email protected] https://www.google.com.pa/url?q=https://www.emergenresearch.com/industry-report/healthcare-supply-chain-management-market

Elder Care Services & Assistive Devices [email protected] https://www.google.com.pg/url?q=https://www.emergenresearch.com/industry-report/elder-care-services-assistive-devices-market

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs

https://thetrustedchronicle.com/
Next Post

Healthcare Robotics Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2027

The increasing geriatric population and the growing adoption of innovative medical technology are fueling the market growth. The global Healthcare Robotics Market is anticipated to reach USD 34.79 Billion by 2027, according to a new report by Emergen Research. The Healthcare Robotics market is forecasted to grow significantly due to the growing […]

Subscribe US Now