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Medical Cannabis Market to Exhibit 25.16% CAGR By 2028| Global Trend, Industry Size, Share, Price and Opportunities Forecast to 2028

Medical Cannabis Market 2021 Industry survey report revises a variety of parameters throughout the report which analyses the market status in detail. This market study analyses the market status, size, demand, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. As today’s businesses greatly demand the market research analysis before taking any verdict about the products, opting for such market report is vital for the businesses. Market segmentation gives clear idea about the product consumption based on several factors that includes but are not limited to type, application, deployment model, end user and geographical region. The credible Medical Cannabis Market report is a proven source to gain valuable market insights and take better decisions about the important business strategies.

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.

Download Free Exclusive Sample (350 Pages PDF) Report: To Know the Impact of COVID-19 on this Industry @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-medical-cannabis-market

Medical Cannabis Market Scenario

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 first class Medical Cannabis business report has many strategies that mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market. This market study analyses the market status, size, demand, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This gives more accurate understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. In this report, the base year for estimation is taken as 2020 whereas the historic year is 2019 which will tell how the Medical Cannabis Market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are.

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

  • Tilray
  • Elixinol Global Limited
  • Medical Marijuana, Inc.
  • Extractas
  • Peace Naturals Project Inc.
  • BOL Pharma
  • PharmaHemp, Kiehl’s (A Subsidiary of L’ORÉAL)
  • Vermont Hemp Health
  • Discover Health LLC
  • ENDOCA
  • Pacific roots
  • CANOPY GROWTH CORPORATION
  • Aurora Cannabis
  • GW Pharmaceuticals plc.
  • Harmony
  • Pure Ratios
  • …..

Complete Report is Available (Including Full TOC, List of Tables & Figures, Graphs, and Chart) @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-cannabis-market

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, an Global Medical Cannabis Market Scope and Market Size

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:

  1. 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?
  2. What are the key driving forces responsible for shaping the fate of the Medical Cannabis market during the forecast period?
  3. 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?
  4. What are the prominent market trends influencing the development of the Medical Cannabis market across different regions?
  5. What are the major threats and challenges likely to act as a barrier in the growth of the Medical Cannabis market?
  6. What are the major opportunities the market leaders can rely on to gain success and profitability?

For More Information or Query or Customization Before Buying, Visit @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-medical-cannabis-market

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

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL MEDICAL CANNABIS MARKET

1.4 LIMITATIONS

1.5 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 MULTIVARIATE MODELLING

2.7 PRODUCT LIFELINE CURVE

2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.9 DBMR MARKET POSITION GRID

2.1 MARKET APPLICATION COVERAGE GRID

2.11 VENDOR SHARE ANALYSIS

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 GLOBAL MEDICAL CANNABIS MARKET: REGULATIONS

5.1 UNITED STATES

5.2 CANADA

5.3 AUSTRALIA

5.4 THAILAND

6 GLOBAL MEDICAL CANNABIS MARKET: SUPPLY CHAIN ANALYSIS

6.1 CULTIVATORS AND GROWERS

6.2 MANUFACTURER AND PRODUCER

6.3 TESTERS

6.4 WHOLESALE AND DISTRIBUTORS

6.5 RETAILERS

7 MARKET OVERVIEW

7.1 DRIVERS

7.1.1 INCREASED MEDICINAL USE

7.1.2 LEGALIZATION OF CANNABIS

7.1.3 INITIATIVES TAKEN BY MANUFACTURERS

7.1.4 INCREASED USAGE OF CANNABIS SEEDS IN COSMETIC PRODUCTS

7.1.5 FUNCTIONAL PROPERTIES OF CANNABIS AND THEIR INCREASED USE IN DIFFERENT INDUSTRIES

7.2 RESTRAINTS

7.2.1 COMPLEX REGULATORY STRUCTURE FOR USAGE OF CANNABIS

7.2.2 LONG TERM USE CAN CAUSE ADVERSE EFFECTS

7.2.3 HIGH COST

7.3 OPPORTUNITIES

7.3.1 NOVEL PRODUCT DEVELOPMENT WITH INCREASING R & D ACTIVITIES

7.3.2 INCREASED ADOPTION OF CANNABIS FOR RECREATIONAL PURPOSE

7.3.3 GROWING GERIATRIC POPULATION

7.3.4 INCREASING PREVALENCE OF CHRONIC DISEASES

7.4 CHALLENGES

7.4.1 RISE OF MARIJUANA BLACK MARKET

7.4.2 SIDE EFFECTS RELATED TO THE USE OF CANNABIS

7.4.3 SHORTAGE OF PERSONNEL

8 IMPACT OF COVID-19 ON GLOBAL MEDICAL CANNABIS MARKET

8.1 IMPACT ON PRICE

8.2 IMPACT ON DEMAND

8.3 IMPACT ON SUPPLY

8.4 KEY INITIATIVES BY MARKET PLAYER DURING COVID 19

8.5 CONCLUSION:

9 GLOBAL MEDICAL CANNABIS MARKET, BY PRODUCT

9.1 OVERVIEW

9.2 OIL

9.2.1 BY TYPE

9.2.1.1 CBD Oil Concentrates

9.2.1.2 CBD Vape Oil

9.2.1.3 CBD Tinctures

9.2.2 BY SOURCE

9.2.2.1 Marijuana Based

9.2.2.2 Hemp Based

9.2.3 BY SPECIES

9.2.3.1 Sativa

9.2.3.2 Hybrid

9.2.3.3 Cannabis Indica

9.3 DRIED MEDICAL CANNABIS

9.3.1 CANNABIS INDICA

9.3.2 SATIVA

9.3.3 HYBRID

9.4 MEDICAL CANNABIS CAPSULES

9.4.1 BY TYPE

9.4.1.1 Oil Based Cannabis Capsules

9.4.1.2 Power Based Cannabis Capsules

9.4.1.3 Others

9.4.2 BY CONCENTRATES

9.4.2.1 High CBD Capsules Digital

9.4.2.2 High THC Capsule

9.4.2.3 THC/CBD balanced capsule

9.4.2.4 CBD Isolate Capsule

9.4.2.5 By Species

9.4.2.6 Sativa

9.4.2.7 Hybrid

9.4.2.8 Cannabis Indica

9.5 VAPE PEN

9.5.1 CANNABIS INDICA

9.5.2 SATIVA

9.5.3 HYBRID

9.6 WHOLE FLOWER

9.6.1 SATIVA

9.6.2 HYBRID

9.6.3 CANNABIS INDICA

9.7 CREAMS & MOISTURIZER

9.8 GROUND FLOWER

9.8.1 SATIVA

9.8.2 CANNABIS INDICA

9.8.3 HYBRID

9.9 PATCH

9.1 MASK & SERUM

9.11 CLEANSER

9.12 OTHERS

10 GLOBAL MEDICAL CANNABIS MARKET, BY APPLICATION

10.1 OVERVIEW

10.2 PAIN MANAGEMENT

10.2.1 OIL

10.2.2 MEDICAL CANNABIS AND CAPSULES

10.2.3 DRIED MEDICAL CANNABIS

10.2.4 PATCH

10.2.5 GROUND FLOWER

10.2.6 CREAMS & MOISTURIZER

10.2.7 VAPE PEN

10.2.8 WHOLE FLOWER

10.2.9 MASKS & SERUM

10.2.10 CLEANSER

10.2.11 OTHERS

10.3 ANXIETY

10.3.1 OIL

10.3.2 DRIED MEDICAL CANNABIS

10.3.3 MEDICAL CANNABIS AND CAPSULES

10.3.4 GROUND FLOWER

10.3.5 VAPE PEN

10.3.6 WHOLE FLOWER

10.3.7 OTHERS

10.4 MUSCLE SPASMS

10.4.1 OIL

10.4.2 MEDICAL CANNABIS AND CAPSULES

10.4.3 DRIED MEDICAL CANNABIS

10.4.4 PATCH

10.4.5 CREAMS & MOISTURIZER

10.4.6 GROUND FLOWER

10.4.7 VAPE PEN

10.4.8 WHOLE FLOWER

10.4.9 MASKS & SERUM

10.4.10 CLEANSER

10.4.11 OTHERS

10.5 NAUSEA

10.5.1 OIL

10.5.2 MEDICAL CANNABIS AND CAPSULES

10.5.3 DRIED MEDICAL CANNABIS

10.5.4 GROUND FLOWER

10.5.5 CREAMS & MOISTURIZER

10.5.6 PATCH

10.5.7 VAPE PEN

10.5.8 WHOLE FLOWER

10.5.9 MASKS & SERUM

10.5.10 CLEANSER

10.5.11 OTHERS

10.6 APPETITE LOSS

10.6.1 OIL

10.6.2 MEDICAL CANNABIS AND CAPSULES

10.6.3 DRIED MEDICAL CANNABIS

10.6.4 GROUND FLOWER

10.6.5 WHOLE FLOWER

10.6.6 VAPE PEN

10.6.7 PATCH

10.6.8 OTHERS

10.7 CANCER

10.7.1 OIL

10.7.2 MEDICAL CANNABIS AND CAPSULES

10.7.3 DRIED MEDICAL CANNABIS

10.7.4 PATCH

10.7.5 GROUND FLOWER

10.7.6 VAPE PEN

10.7.7 WHOLE FLOWER

10.7.8 OTHERS

10.8 ARTHRITIS

10.8.1 OIL

10.8.2 MEDICAL CANNABIS AND CAPSULES

Check Complete Report with List of Table and Figures@ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-cannabis-market

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.

Our Reports Will Help Clients Solve the Following Issues: –

Insecurity about the future:                                       

Our research and insights help our clients anticipate upcoming revenue compartments and growth ranges. This will help our clients invest or divest their assets.

Understanding market opinions:

It is extremely vital to have an impartial understanding of market opinions for a strategy. Our insights provide a keen view on the market sentiment. We keep this reconnaissance by engaging with Key Opinion Leaders of a value chain of each industry we track.

Understanding the most reliable investment centers:

Our research ranks investment centers of market by considering their future demands, returns, and profit margins. Our clients can focus on most prominent investment centers by procuring our market research.

Evaluating potential business partners:

Our research and Insights help our clients identify compatible business partners.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia or Just Eastern Asia.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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