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Japan, Japan, Tue, 09 Feb 2021 07:04:59 / Comserve Inc. / — Medical Cannabis Market With Top Countries Data, Industry Analysis, Size, Share, Revenue, Prominent Players, Developing Technologies, Forecast & compound annual growth, in-depth qualitative analysis
“The report on Medical Cannabis Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.
Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-110399
Medical Cannabis Market: Overview
- According to the latest report on the global medical cannabis market for the historical period 2017-2018 and forecast period from 2019 to 2027, higher demand for pain management products is projected to be a major driver of the global medical cannabis market during the forecast period
- The global medical cannabis market was valued at US$ 8 Bn in 2018 and is anticipated to expand at a CAGR of ~27% from 2019 to 2027
- The report analyzes the current and future scenario of the global medical cannabis market
- The global medical cannabis market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global medical cannabis market with respect to the segments based on derivatives, applications, route of administration, distribution channel, and region.
- A detailed qualitative analysis of drivers, restraints, and opportunities of the global medical cannabis market has been provided in the overview section. Additionally, the section comprises competitive matrix and company profiles along with business overview to understand the competitive landscape in the global medical cannabis market.
- This section of the report also provides market attractiveness analysis by region and market share analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global medical cannabis market
Medical Cannabis Market: Key Drivers
- Companies focus on capitalizing on medical cannabis products
- The medicinal cannabis industry is expanding due to increase in cannabidiol (CBD) usage in various medical applications. Rise in the utilization of cannabidiol is due to increased legalization of medicinal cannabis and societal acceptance. Moreover, the FDA approval for CBD hemp oil for the treatment of epilepsy has fuelled its usage in the pharmaceutical industry. Hence, companies continue to improve the medicated solutions through enhanced CBD-based medication.
- SanSal Wellness, committed to the research & development of improved hemp genetics cultivation and innovation, provides the global community with uncompromised quality hemp products, containing the highest quality, quantity, and consistency in the industry
- Rise in incidence of joint & muscle pain
- Musculoskeletal conditions are common causes of severe long-term pain and physical disability. Prevalence and incidence of musculoskeletal conditions increases with age. For instance, a report published in Osteoarthritis Cartilage journal stated that nearly 27 million adults in the U.S. and 8.5 million adults in the U.K. are estimated to have osteoarthritis (OA).
- However, approaches in new research on arthritis and other bone inflammation disorders has opened a wide spectrum of knowledge on biologic medication
- A study published in the Journal Pain (2017) indicated that medical cannabis could be a safe and useful treatment for osteoarthritis (OA) joint pain
- In 2008, the Therapeutics and Clinical Risk Management Journal also indicated that Sativex, a cannabis derived oromucosal spray containing equal proportions of THC and cannabidiol, was approved in Canada for the treatment of central neuropathic pain in multiple sclerosis in 2005 and for intractable cancer pain in 2007
Medical Cannabis Market: Key Segments
- In terms of derivative, the global medical cannabis market has been classified into cannabidiol (CBD), tetrahydrocannabinol (THC), and others
- Based on application, the global medical cannabis market has been categorized into mental health management, neurological disorders management, and pain management
- The mental health management segment has been segregated into anxiety, depression, and others (attention deficit hyperactivity disorder (ADHD), post-traumatic stress disorder (PTSD), etc.)
- The neurological disorders management segment has been split into epilepsy, Alzheimer’s disease, Parkinson’s disease, and others (Huntington’s disease, multiple sclerosis, etc.)
- The pain management segment has been divided into neuropathic pain, cancer pain, and others (post-operative, chronic pain, etc.)
- In terms of route of administration, the global medical cannabis market has been classified into nasal, oral, and others (soft gels, cannabis oil, etc.)
- Based on distribution channel, the global medical cannabis market has been categorized into hospital pharmacies, retail pharmacies, and online pharmacies
- The market size and forecast for each of the segments have been provided in terms of US$ Mn from 2017 to 2027, along with their respective CAGRs for the forecast period from 2019 to 2027, considering 2018 as the base year
Medical Cannabis Market: Regional Outlook
- Geographically, the global medical cannabis market has been segmented into four major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Latin America (Brazil, Mexico, and Rest of Latin America), and Rest of the World
- The market size and forecast for each of these regions and the mentioned countries/sub-regions have been provided for the period from 2017 to 2027, along with their respective CAGRs for the forecast period from 2019 to 2027, considering 2018 as the base year. The research study also covers the competitive scenario in these regions.
Companies Mentioned in Report
- The report also profiles the following major players in the global medical cannabis market based on various attributes such as company overview, financial overview, product types, business strategies, and recent developments
- Canopy Growth Corporation
- United Cannabis
- Aurora Cannabis
- Cannabis Sativa, Inc.
- Emerald Health Therapeutics
- GW Pharmaceuticals plc
- Tilray
- Medical Marijuana, Inc.
- The Supreme Cannabis Company, Inc.
- The Cronos Group
Medical Cannabis Market – Scope of the Report
The report on the global medical cannabis market studies the past as well as current growth trends and opportunities to gain valuable insights of these indicators for the market during the forecast period from 2019 to 2027. The report provides the revenue of the global medical cannabis market for the period 2017-2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global medical cannabis market for the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ literature, annual reports, press releases, and relevant documents to understand the global medical cannabis market. Secondary research also includes Internet sources, statistical data from government agencies, websites, and trade associations. Analysts have also employed a combination of top-down and bottom-up approaches to study various phenomena in the global medical cannabis market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study. Additionally, the report sheds light on the changing competitive dynamics in the global medical cannabis market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the global medical cannabis market. The next section of the global medical cannabis market report highlights the USPs, which include drivers & restraints impact analysis, value chain analysis, key mergers & acquisitions, top 3 players operating in the medical cannabis market, and qualitative analysis of medical cannabis.
Key Questions Answered in Medical Cannabis Market Report
- What will be the sales/revenue generated by different medical cannabis derivatives across all the regions during the forecast period?
- What are the major drivers, restraints, and opportunities of the global medical cannabis market?
- Which region is set to expand at the fastest CAGR during the forecast period?
- Which segment will have the highest revenue globally in 2027 and which derivative segment will expand at the fastest CAGR during the forecast period?
Medical Cannabis Market – Research Objectives and Research Approach
The comprehensive report on the global medical cannabis market begins with an overview of the market, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives of the study and healthcare compliances laid down by accredited agencies in the purview of research in the global medical cannabis market. It is followed by market introduction, market dynamics, and an overview of the global medical cannabis market, which includes analysis of market drivers, restraints, and trends affecting the growth of the global market. Moreover, Y-o-Y analysis with elaborate insights has been provided to understand the Y-o-Y trends of the global medical cannabis market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section further divided into smaller ones. The entire report comprises an exhaustive collection of graphs and tables that are appropriately interspersed in the entire compilation. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period. Revenue generated by key medical cannabis agent manufacturers has been mapped to ascertain the size of the global medical cannabis market in terms of revenue. The forecast presented here assesses the total revenue generated by derivatives. In order to provide an accurate forecast, we initiated by sizing up the current medical cannabis market.
The report also delves into the competitive landscape of the global medical cannabis market. Key players operating in the global medical cannabis treatment market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standing, recent developments, and SWOT are some of the attributes of players profiled in the global medical cannabis treatment market report.
Get a Sample Copy of the Report@ https://www.sdki.jp/sample-request-110399
Table of Content
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
3. Executive Summary
3.1. Global Medical Cannabis Market: Market Snapshot
4. Market Overview
4.1. Global Medical Cannabis Market: Type Overview
4.2. Global Medical Cannabis Market: Key Industry Developments
4.3. Market Dynamics
4.4. Drivers and Restraints Snapshot Analysis
4.5. Drivers
4.6. Restraints
4.7. Opportunities
4.8. Global Medical Cannabis Market Revenue Projections (US$ Mn), 2017-2027
5. Key Insights
5.1. Key Mergers & Acquisitions
5.2. Overview of Legal Medical Marijuana in the U.S. States
5.3. Regulatory Scenario Assessment
5.4. Review of Medical Cannabis Clinical Trials
5.5. Top 3 players operating in the market
For more information about this report visit: Medical Cannabis Market“
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The post Medical Cannabis Market Rapidly Increasing in Size Globally : Latest Report with Current Trends, Future Estimations and Opportunity Analysis appeared first on Comserveonline.
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