Medical Cannabis Market Analysis Report is sure to help boost sales and improve return on investment (ROI). The market report also focuses on Medical Cannabis market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap and global major leading industry players with information. The research and analysis carried out in this marketing report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. Market drivers and market restraints assessed in this industry analysis report makes attentive about how the product is getting utilized in the recent market environment and also provide estimations about the future usage. Medical Cannabis market report includes market analysis based on regional as well as global level.
The Medical Cannabis Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 25.16% in the forecast period of 2021 to 2028 is expected to reach USD 67,354.01 million by 2028. Increased medical use and legalization of cannabis is acting as a driver for the medical cannabis market.
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Brief Overview on Medical Cannabis Market:
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.
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 Global Medical Cannabis Market 2021 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Medical Cannabis Market Share analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. For each manufacturer covered, this report analyzes their Medical Cannabis manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The Segments and Sub-Section of Medical Cannabis Market are shown below:
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)
List of TOP KEY PLAYERS in Medical Cannabis Market Report are –
- 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
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The report also focuses on global major leading industry players of Global Medical Cannabis Market Share providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. Competitive analysis performed in this report puts forth the moves of the key players in the Medical Cannabis industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. All the data, statistics, and information gathered to generate this report has been studied and analyzed with the established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis.
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
Scope of Report:
The report Primarily studies the size, recent trends, and development status of the Medical Cannabis market, as well as investment opportunities, market dynamics (such as driving factors, restraining factors), and industry news (like mergers, acquisitions, and investments). Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. This study categorizes the global Medical Cannabis breakdown data by manufacturers, region, type and application, also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Data Sources & Methodology
The primary sources involve the industry experts from the Global Medical Cannabis Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.
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KEY QUESTIONS ANSWERED: Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is market chain analysis by upstream raw materials and downstream industry?
- What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
- What were capacity, production value, cost and profit?
- Who are the global key players in this industry? What are their company profile, their product information, and contact information?
- Which manufacturing technology is used, what are their company profile, their product information, and contact information?
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
With tables and figures helping analyses worldwide Global Medical Cannabis Market Forecast this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Strategic Points Covered in Table of Content of Global Medical Cannabis Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Medical Cannabis market
Chapter 2: Exclusive Summary – the basic information of the Global Medical Cannabis Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Medical Cannabis
Chapter 4: Presenting the Global Medical Cannabis Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2010-2020
Chapter 6: Evaluating the leading manufacturers of the Global Medical Cannabis market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Medical Cannabis Market is a valuable source of guidance for individuals and companies.
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