Global Medical Cannabis Market Including Statistics on Business Growth, New Opportunities, and Competitive Prospects for Aurora Cannabis., Aphria Medical Cannabis, MedReleaf Corp., CanniMed Ltd., United Cannabis – KSU
A comprehensive medical cannabis report conveys the idea of a comprehensive analysis of key market segments and identification of opportunities. This market report performs a comprehensive analysis of the profiles of the major market players that a competitive landscape offers. Market analysis and market segmentation were carried out in terms of markets, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources. and assumptions. The Medical Cannabis Marketing Report highlights key product developments and tracks recent acquisitions, mergers and research in the healthcare industry by key players.
In addition, the global Medical Cannabis Market report intensively analyzes the potential of the market in terms of the existing scenario and future prospects by considering all the major industry aspects of the healthcare industry. Not to mention the market research report plays a very central role in providing important and consistent market insights for the company. With full devotion and dedication, the Medical Cannabis market research report has been presented with the best realistic service and recommendations that can be trusted.
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The medical cannabis market is expected to experience market growth in the forecast period 2020 to 2027. Data Bridge Market Research analyzes the market at $ 20.19 billion by 2027 and is growing at a CAGR of 20.25% over the forecast period mentioned above. The increasing awareness of the benefits of cannabis is expected to create new opportunities for the market.
The main players covered in Medical Cannabis market report are Canopy Growth Corporation, GW Pharmaceuticals plc., Aurora Cannabis, Aphria Medical Cannabis, MedReleaf Corp., CanniMed Ltd., United Cannabis, The Peace Naturals Project Inc., Medical Marihuana, Inc., BOL Pharma, Cresco Labs, Cresco Labs, at other domestic and global actors.
Important points for analysis
- To get information about the top players in this industry, their product portfolios and their most important strategies.
- Drivers and reluctance of the market
- To get a comprehensive overview of the medical cannabis market.
- Major developments in the market
- Market volume
- Potential and niche segments / regions with promising growth
Global Medical Cannabis Market Scope and Size
The medical cannabis market is segmented by type, derivative, application, and route of administration. The growth between these segments helps you analyze meager growth segments in the industries and provide users with valuable market overview and insights so that they can make strategic decisions to identify core market applications.
- The medical cannabis market is divided into cannabis indica, sativa and hybrid by type.
- The derivatives segment of the medical cannabis market is divided into cannabidiol (CBD), tetrahydrocannabinol (THC), and others.
- The application segment of the medical cannabis market is divided into the pharmaceutical industry, research and development centers, and others.
- Based on the route of administration, the medical cannabis market is divided into oral solutions and capsules, smoking, vaporizers, topical products, and others.
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The demand for medical cannabis is expected to increase in the coming months due to legalization in various growing markets. However, demand will remain unchanged during the COVID-19 pandemic due to the benefits of medical cannabis. Existing market leaders with a large market share, cash rich and with strong strategic teams, will be least affected. However, if the situation eases, sales will pick up again. By taking strategic steps, companies can showcase their plans and demonstrate stability to end users.
COVID-19 Impact on Medical Cannabis in Healthcare
The COVID-19 has resulted in a number of countries restricting various aspects of health care that have impacted multiple markets and their economies. Overall revenues for the market are less affected even in these pandemic situations because of their medical benefits. The market is advancing because of its benefits in chronic diseases.
Many experts suggest that medical cannabis can help treat COVID-19, as previous studies have shown that a wide variety of pro-inflammatory cytokines, including IL-6, can be decreased by CBD, which is decreased by several other drugs being studied to treat COVID-19. And the CBD undergoes numerous studies so that a perfect vaccine can be made.
The price is not materially affected as several companies use medicinal cannabis in large quantities due to its various benefits in treating various diseases. But in some places the price is going up a bit due to the dry supply in the areas where medicinal cannabis is imported.
Part 01: Summary
Part 02: Scope of the report
Part 03: Global Medical Cannabis Market Landscape
Part 04: Global Medical Cannabis Market Size
Part 05: Global Medical Cannabis Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographical Landscape
Part 09: Decision-making framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Supplier Landscape
Part 13: Supplier Analysis
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Customization Available: Global Medical Cannabis Market
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