openPR Logo
Press release

Medical Cannabis Market To Expand At A CAGR Of 15.4% By 2025, Covid-19 Impact Analysis, Industry Size, Share, Growth Prospects Analysis By Leading Players

07-15-2020 01:22 PM CET | Health & Medicine

Press release from: Market Research Future

Medical Cannabis Market To Expand At A CAGR Of 15.4% By 2025,

Given the debilitating impact of COVID-19 (Coronavirus) on Medical Cannabis Market, companies are on the lookout for starting production lines. Get an inside look at the market prospects and its future decisions in light of the pandemic and other such unforeseen circumstances.

Medical Cannabis Market Overview:

Global Medical Cannabis market has a better scope for attaining a valuation worth USD 52.35 Billion by 2025. The process would witness growth by 15.4% CAGR between 2019 and 2025, which according to the report of Market Research Future (MRFR) can be considered a forecast period. The global market for medical cannabis has a better chance of growth with the rising instance of chronic diseases and several other medical conditions. These are expected to make significant contributions to manage the growth of the medical cannabis market.

Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/8368

The global market for medical cannabis has substantial growth potential as the market is witnessing its permeation in the healthcare sector for the treatment of cancer, arthritis, schizophrenia, Alzheimer’s disease, and others. Among other factors, the legalization of cannabis-based medicines for the treatment of several diseases and for research purposes are expected to make sure that the market for medical cannabis finds easy growth. Various private and government organizations are showing initiations that can provide scope for growth to the medical cannabis market. However, this is also spurring the illegal intake of cannabis, which can restrain the growth to some extent.

Medical Cannabis Market Segmentation

The global market for medical cannabis can be studied on the basis of a segmentation that includes product form, derivative, application, and distribution channel. These segments are enriched with valuations of various segments and intense analysis of dynamics that can influence the market in the coming days.

By product form, the global market for medical cannabis can be segmented into powders, solids, ointments & creams, oil, and others. The powder segment has the largest market coverage, whereas, the solid segment can register the fastest growth during the forecast period. The ‘others’ segment has lozenges, tinctures, and smoking dried buds.

By derivative, the market for medical cannabis can be read and segmented into cannabidiol (CBD) and Tetrahydrocannabinol (THC). The cannabidiol segment has better market reach as it is more common for its application.

By application, the market for medical cannabis includes arthritis, cancer, Alzheimer’s disease, Schizophrenia, and others. Alzheimer’s Disease can be taken into consideration as the largest segment. Meanwhile, the cancer segment is growing with the fastest surge rate.

By distribution channel, the global market for medical cannabis includes retail pharmacy, online stores, and others. The retail segment has the largest market contribution and the online segment can outrun the growth of others with the fastest CAGR.

Medical Cannabis Market Regional Analysis:

The global market for medical cannabis can have a better understanding of various regions that includes the Americas, the Asia Pacific region, and Europe as major contributing ones. The report also discusses Latin America and the Middle East & Africa (MEA) as regions with scope for further growth.

As the largest regional market, the Americas are expected to benefit from contributions made by North America and especially, by countries like the US and Canada. Recently, these countries have implemented laws, that have made the use of cannabis easier in healthcare. The European market would witness growth with the increasing use of marijuana to treat various chronic diseases. The Asia Pacific region is showing prospects of registering the fastest growth during the forecast period. The region is opening up facilities to support cannabis-related studies

Ask Questions To The Experts @ https://www.marketresearchfuture.com/enquiry/8368

Medical Cannabis Market Competitive Landscape:

Players displaying interest in taking the global medical cannabis market ahead are Aurora Cannabis (Canada), Maricann Inc. (Canada), Tilray (Canada), Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Medical Marijuana, Inc. (US), GW Pharmaceuticals PLC (UK), United Cannabis (US), CanniMed Ltd (Canada), Cannabis Sativa Inc. (US), GBSciences Inc. (US), MediPharm Labs (Canada), and others. MRFR registered these companies to get close to changes that can impact the market outcome.

In November 2019, NHS approved two new medicines with cannabis as a foundation to treat diseases like treat epilepsy and multiple sclerosis in England.

Table Of Contents

1. REPORT PROLOGUE

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope Of The Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

3. RESEARCH METHODOLOGY

3.1. Overview

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

4. MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

5. MARKET FACTOR ANALYSIS

...TOC Continued

LIST OF TABLES

TABLE 1 GLOBAL MEDICAL CANNABIS MARKET SYNOPSIS, 2019–2025

TABLE 2 GLOBAL MEDICAL CANNABIS MARKET ESTIMATES & FORECAST, 2019–2025 (USD MILLION)

TABLE 3 GLOBAL MEDICAL CANNABIS MARKET, BY PRODUCT FORM, 2019–2025 (USD MILLION)

TABLE 4 GLOBAL MEDICAL CANNABIS MARKET, BY DERIVATIVES, 2019–2025 (USD MILLION)

TABLE 5 GLOBAL MEDICAL CANNABIS MARKET, BY APPLICATION, 2019–2025 (USD MILLION)

TABLE 6 GLOBAL MEDICAL CANNABIS MARKET, BY DISTRIBUTION CHANNEL, 2019–2025 (USD MILLION)

...Continued

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL MEDICAL CANNABIS MARKET

FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL MEDICAL CANNABIS MARKET

FIGURE 4 GLOBAL MEDICAL CANNABIS MARKET SHARE, BY PRODUCT FORM, 2018 (%)

FIGURE 5 GLOBAL MEDICAL CANNABIS MARKET SHARE, BY DERIVATIVES, 2018 (%)

FIGURE 6 GLOBAL MEDICAL CANNABIS MARKET SHARE, BY APPLICATION, 2018 (%)

...Continued

Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/medical-cannabis-market-8368

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Cannabis Market To Expand At A CAGR Of 15.4% By 2025, Covid-19 Impact Analysis, Industry Size, Share, Growth Prospects Analysis By Leading Players here

News-ID: 2090511 • Views: 374

More Releases from Market Research Future

Field Programmable Gate Array Market 2021 Size, Share, Industry Analysis, Emergi …
Field Programmable Gate Array Market by technology (EEPROM, Antifuse, SRAM, Flash, and others (EPROM and PROM), by Application (data processing, consumer electronics, industrial, military & aerospace, automotive, telecom, and others), and by Type (high-end, mid-end, and low-end FPGA) - Global Opportunity Analysis and Industry Forecast, 2017-2023 According to a recent report published by Allied Market Research, titled, Field Programmable Gate Array Market by Technology, Application, and Type: Global Opportunity Analysis and
Semiconductor IC Tester Market Growth Factor, Demand, Size, Share, Trends, Growt …
The Semiconductor IC Tester Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the Semiconductor IC Tester market growth. Semiconductor IC Tester is
Tilt Sensor Market Share, COVID-19 Pandemic Impact, Comprehensive Analysis, Oppo …
Global Tilt Sensor Market Highlights: The global Tilt Sensor Market is growing rapidly over 7.42% of CAGR and is expected to reach at USD 257.64 million by the end of forecast period. The global tilt sensor market has been witnessing a steady growth over the last few years on account of rapid growth of automobile and transportation market, high implementation of sensors in the constructions machines and rising demand for tilt
High Altitude Long Endurance Market Demand, Growth, COVID-19 Pandemic Impact, Ap …
High Altitude Long Endurance (Pseudo Satellite) Market Overview Market Research Future (MRFR) anticipates that the High Altitude Long Endurance Market 2020 could potentially achieve a strong valuation of USD 23 billion by 2022. The market is also projected to advance at an approximate rate of 9% between 2016 and 2022 (review period). We will provide covid-19 impact analysis with the report. The research on COVID-19 impact offers an in-depth analysis post

All 5 Releases


More Releases for Cannabis

Cannabis Market 2027 Top Players- Aphria, Inc.; Aurora Cannabis; Cannabis Scienc …
According to ournew market research study of “Cannabis Market to 2027 – Global Analysis and Forecast by Product Type, Compound and Application,” the market is expected to reach US$ 147,457.4 million by 2027 from US$ 14,383.8 million in 2019; it is estimated to grow at a CAGR of 29.1% from 2020 to 2027. The report highlights trends prevailing in the global cannabis market along with drivers and hindrances
Cannabis Market: Study Navigating the Future Growth Outlook | Aphria, Aurora Can …
An off-the-shelf report on Cannabis Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical
Cannabis Infused Products Market Worth Observing Growth|Canopy Growth, Aurora Ca …
Cannabis Infused Products Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to witness the growth at an annual pace of 22.0% in the forecast period. The growing awareness about the well-being and mental health benefits is driving the market scope of cannabis infused products. Cannabis infused products market is growing with the successive application of marijuana or
Cannabis Testing Market
Cannabis is a flowering plant predominantly found is Africa, Asia, and the Americas. Cannabis is non-conventionally used as a hemp fiber, hemp oils, used for medicinal resolutions, and as a frivolous drug. Industrial hemp crops are produced from the cannabis plants, which produce a plenty of fiber. To gratify the UN Narcotics Convention, some of the cannabis strains are raised to produce nominal levels of tetrahydrocannabinol, the main psychoactive component.
Cannabis Testing Market
Cannabis is a flowering plant predominantly found is Africa, Asia, and the Americas. Cannabis is non-conventionally used as a hemp fiber, hemp oils, used for medicinal resolutions, and as a frivolous drug. Industrial hemp crops are produced from the cannabis plants, which produce a plenty of fiber. To gratify the UN Narcotics Convention, some of the cannabis strains are raised to produce nominal levels of tetrahydrocannabinol, the main psychoactive component.
Cannabis Testing Market
Cannabis is a flowering plant predominantly found is Africa, Asia, and the Americas. Cannabis is non-conventionally used as a hemp fiber, hemp oils, used for medicinal resolutions, and as a frivolous drug. Industrial hemp crops are produced from the cannabis plants, which produce a plenty of fiber. To gratify the UN Narcotics Convention, some of the cannabis strains are raised to produce nominal levels of tetrahydrocannabinol, the main psychoactive component.