Global Medical Cannabis Market 2020:The Next Booming Segment In The World|Major Growth By GW Pharmaceuticals plc., Aurora Cannabis., Aphria Medical Cannabis, MedReleaf Corp, CanniMed Ltd, United Cannabis., The Peace Naturals Project Inc., Medical Marijuan

Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Global Medical Cannabis Market,By Species (Cannabis Indica, Sativa, Hybrid), Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC), Others), Application (Pharmaceutical Industry, Research and Development Centers, Others), Route of Administration (Oral Solutions and Capsules, Smoking, Vaporizers, Topicals, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, 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), Market Trends and Forecast to 2027."In this report, Researchers have analyzed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the Qualitative and informative knowledge. The Medical Cannabis Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.

Medical cannabismarket 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 82.19 billion by 2027 growing at a CAGR of 20.25% in the above-mentioned forecast period. Increasing awareness about the advantages of cannabis is expected to create new opportunity for the market.

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The major players covered in the 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 Marijuana, Inc, BOL Pharma, Cresco Labs, Cresco Labs, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa(MEA) and South America separately. DBMR analystsunderstand competitive strengths and provide competitive analysis for each competitor separately.

Global Medical Cannabis Market Drivers

Increasing awareness about the advantages of cannabis is expected to create new opportunity for the market.

Less side effects of the cannabis as compared to the other treatment options is expected to enhance the market growth. Some of the other factors such as rising ageing population, increasing clinical trials and research development activities, rising disposable income, and rising healthcare spending will drive the medical cannabis market in the forecast period of 2020 to 2027.

Breeakdown Of Global Medical Cannabis Market

Medical cannabis market is segmented of the basis of species, derivatives, application and route of administration. 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 species, the medical cannabis market is segmented into cannabis indica, sativa and hybrid.

Derivatives segment of the medical cannabis market is segmented into cannabidiol (CBD), tetrahydrocannabinol (THC), and others.

The application segment of the medical cannabis market is divided into pharmaceutical industry, research and development centers and others.

Based on route of administration, the medical cannabis market is bifurcated into oral solutions and capsules, smoking, vaporizers, topicals and others.

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