Medical marijuana market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 179,254.20 million by 2027 growing at a CAGR of 34.56% in the above-mentioned forecast period.
The Medical Marijuana marketing report has estimations of CAGR values which are very important for businesses in deciding upon the investment value over the time period. Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. This market research report is formulated with the most excellent and superior tools of collecting, recording, estimating and analysing market data. All this data and statistics covered in Medical Marijuana report lead to an actionable ideas, improved decision-making and better mapping business strategies.
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The major players covered in the medical marijuana market report are
- Aurora Cannabis,
- Canopy Growth Corporation,
- GW Pharmaceuticals plc,
- Emerald Health Therapeutics Inc.,
- Tilray, CanniMed Ltd.,
- Cara Therapeutics, Pfizer Inc.,
- Medical Marijuana, Inc.,
- GBSciences, Inc.
- and MediPharm
Global Medical Marijuana Market Scope and Market Size
Medical marijuana market is segmented on the basis of product type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product type, the medical marijuana market is segmented into solids, dissolvable/powders, oil and ointments & creams.
On the basis of application, the medical marijuana market is segmented into alzheimer’s disease, cancer, schizophrenia and multiple sclerosis.
Medical marijuana market has also been segmented based on the distribution channel into retail & pharmacy stores, online platforms and others.
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Medical Marijuana Market Country Level Analysis
Medical marijuana market is analysed and market size insights and trends are provided by country, product type, application and distribution channel as referenced above.
The countries covered in the medical marijuana market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical marijuana market due to the increasing cases of Alzheimer disease, cancer, and others in the region.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- By Component
- Product Type
- Industry Type
- North America
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Drivers:Global Medical Marijuana Market
The other factors such as growing acceptance of marijuana for medical treatment in many countries, therapeutic applications of the marijuana plant and increasing the authorization of marijuana are anticipated to drive the market growth in the forecast period of 2020-2027.
Legalization of medical marijuana in various countries will further boost various opportunities that will lead to the growth of the medical marijuana market in the above mentioned forecast period.
Points to focus in the report
- The report offers market share appraisals for regional and global levels
- To gain detailed overview of parent market
- Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
- The study provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets.
- Analyze and forecast Medical Marijuana market on the basis of type, function and application.
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