Medical Cannabis Market Analysis Report, Size, Share, Trends, Growth, Demand, Forecast, Research, Applications, Types and Outlook 2027
The growing application of medical cannabis in
pain management in seizures, cancer, and muscle spasm will drive the demand for
the market.
Medical cannabis is safe and has less side-effect as
compared to other treatment options. It is used to treat nausea and combat
negative side-effects, especially among chemotherapy patients, making the whole
procedure more tolerable. The product is used with other opioid painkillers,
which permits patients to reduce the dosage and frequency of opioids, relieving
pain.
The report gives a
comprehensive report offering beneficial data about the competitive landscape
of the Medical Cannabis market and covers key details of the key companies
along with their revenue contribution, financial standing, profit margins,
strategic alliances such as mergers and acquisitions, and other key elements.
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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.
The report comprises a detailed analysis of the vital
elements of the Medical Cannabis market, including key drivers, constraints,
opportunities, limitations, threats, and micro- and macro-economic factors.
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 report offers an
industry-wide and economy-wide analysis of the market along with supply and
demand dynamics, sales, and production and manufacturing capacity. It also
reviews the rate of production and consumption, sales network and distribution
channel, pricing analysis, profit margins, cost and demand volatility,
import/export, gross revenue, among others. Financial difficulties brought by
the pandemic have slowed down the progression of the businesses, and
disruptions in the supply chains have been seen. The report assesses the
comprehensive impact of the pandemic on the overall growth of the Medical
Cannabis market and offers a future impact assessment.
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COVID Analysis
The research report draws
focus on the impact of the COVID-19
pandemic on the market and its crucial segments. It offers insights into
the effects of the pandemic on the global economic scenario and business
sphere. The report evaluates the key market influencing factors and considers
the COVID-19 pandemic as one of the contributing elements.
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Global Medical Cannabis Market report, visit@ https://www.emergenresearch.com/request-sample/174
The Medical Cannabis 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.
The
regional analysis covers the following key geographies of the world:
•
North
America (U.S.A.,
Canada)
•
Europe (U.K., Italy, Germany, France, Rest of EU)
•
Asia
Pacific (India, Japan,
China, South Korea, Australia, Rest of APAC)
•
Latin
America (Chile, Brazil,
Argentina, Rest of Latin America)
•
Middle
East & Africa (Saudi
Arabia, U.A.E., South Africa, Rest of MEA)
•
Product Type Outlook
(Revenue, USD Billion; 2017-2027)
o
Oil
o
Buds
o
Tinctures
•
Application Outlook
(Revenue, USD Billion; 2017-2027)
o
Chronic Pain
o
Mental Disorders
o
Anorexia
o
Seizures
o
Muscle Spasm
o
Cancer
o
Others
•
Route of Administration
Outlook (Revenue, USD Billion; 2017-2027)
o
Oral
o
Intravenous
o
Inhalation
o
Topical
•
Distribution Channel
Outlook (Revenue, USD Billion; 2017-2027)
o
Dispensaries
o
Online
Market
Estimation Timeline:
Historical Years:
2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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