Press release
Medical Cannabis Market Global Industry Analysis, Size, Share, Latest Innovations, Future High Growth, Demand with Unique Business Strategies By 2025
The Global Medical Cannabis Market is Expected to Cross USD 52.35 Billion by 2025 at a CAGR of 15.4% During the Forecast Period.Market Highlights:
Marijuana is a plant containing a chemical compound known as cannabis that has curative properties. This plant is used as a raw material by various pharmaceutical companies to manufacture drugs for various therapeutic applications. The legal use of cannabis for medical and purposes is increasing, but it varies across countries, based on the distribution, possession, cultivation, and medical indications for its consumption.
The growth of global Medical Cannabis Market is driven by various factors such as an increase in consumption of cannabis, rising prevalence of chronic diseases and other medical conditions, increasing legalization of medical marijuana in multiple countries, rise in research & development of cannabinoid. However, increasing illegal use of marijuana is expected to curb the growth of the global medical cannabis market. Several market players currently dominate the global medical cannabis market. The key players are involved in product launches and strategic collaborations to strengthen their market positions.
Get Sample Report at https://www.marketresearchfuture.com/sample_request/8368
Key Players:
Some of the key players in the global medical cannabis market are Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Maricann Inc. (Canada), Tilray (Canada), GW Pharmaceuticals PLC (UK), Medical Marijuana, Inc. (US), Cannabis Sativa Inc. (US), Aurora Cannabis (Canada), CanniMed Ltd (Canada), MediPharm Labs (Canada), United Cannabis (US), and GBSciences Inc. (US).
Segmentation:
The global medical cannabis market has been segmented based on product form, derivative, application, and end user.
The market, based on product form, has been divided into powders, solids, ointments and creams, oil, and others. The powders segment is likely to be the fastest during the review period as the powder is easily dissolved into any liquid; this significantly expands the possibilities for how patients take their medical marijuana products. Thus, the easy consumption of powder form of products will substantially drive the growth of the market.
The global medical cannabis market has been bifurcated, on the basis of derivative, into cannabidiol (CBD) and tetrahydrocannabinol (THC). The cannabidiol (CBD) segment is expected to hold the majority share of the market as it is mostly used to treat pain and various other medical conditions.
The global medical cannabis market has been segmented, based on application into arthritis, cancer, Alzheimer’s disease, schizophrenia, and others. Alzheimer’s disease is expected to hold the largest market share as around 5.7 million Americans of all ages were living with Alzheimer’s and dementia in 2018.
The distribution channel segment of the market includes retail pharmacy, online stores, and others. The retail pharmacy segment is expected to hold the largest share of the market as the majority of retail and pharmacy stores provide cannabis across the global.
Regional Analysis:
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of medical cannabis and rising per capita healthcare expenditure. The medical cannabis market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European medical cannabis market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The medical cannabis market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Increasing prevalence of cancer cases has boosted the growth of the medical cannabis market, the market in Asia-Pacific is expected to be the fastest-growing. The medical cannabis market in the Middle East & Africa has been divided into the Middle East and Africa.
Browse Complete 111Pages Premium Research Report Enabled with Respective Tables and Figures at https://www.marketresearchfuture.com/reports/medical-cannabis-market-8368
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com
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 Global Industry Analysis, Size, Share, Latest Innovations, Future High Growth, Demand with Unique Business Strategies By 2025 here
News-ID: 2208512 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Canada
Canada Anti-Caking Market Size, Scope 2031 by Key Companies- Univar Solutions, B …
USA, New Jersey: According to Verified Market Research analysis, the Canada Anti-Caking Market size was valued at USD 49.69 Billion in 2024 and is projected to reach USD 70.13 Billion by 2032, growing at a CAGR of 4.4% from 2026 to 2032.
What is the current size and projected growth outlook of the Canada anti‐caking market?
The Canada anti‐caking agents market-spanning sodium, calcium, magnesium compounds and silicon dioxide-is valued at approximately USD…
University Canada West to host Fulbright Canada Research Chair
Vancouver, BC - University Canada West (UCW), a Vancouver-based institution with a diversified student body representing over 110 countries, is thrilled to announce its partnership with Fulbright Canada, the leader in public diplomacy and academic exchange, establishing a Fulbright Canada Research Chair at UCW.
The University will host a Fulbright Canada Research Chair, a US scholar, who will carry out research, offer guest lectures, collaborate with colleagues, and generally participate…
Canada Tire Market Size Is Going To Boom | Bridgestone Canada, Hankook Tire Cana …
Canada Tire Pad Market is gaining significant traction owing to the improvements in technology, fuel economy, and the introduction of electric vehicles..
A recent study conducted by the strategic consulting and market research firm, Report Ocean, revealed that the Canada Tire Market was worth USD 5.42 billion in the year 2021. The market is projected to grow at a CAGR of 5.3%, earning revenues of around USD 7.68 billion by the…
Canada Financial Guarantee Market Key Players: Scotiabank, Toronto Dominion, Ban …
Canada Financial Guarantee Market
The Canada financial guarantee market was valued at $1.32 billion in 2020, and is projected to reach $2.19 billion by 2028, growing at a CAGR of 7.3% from 2021 to 2028. With an unprecedented COVID-19 pandemic situation, the country has experienced uncertainty & protectionism in trade sector. Moreover, to curb the spread of virus, several provincial governments has imposed lockdown, which has financially affected businesses and therefore,…
Glucofort Canada-Why Canada Media Buzzing About Glucofort
Glucofort Canada-Why Canada Media Buzzing About Glucofort: In general, Glucofort is a blood sugar supportive formula that uses ingredients that are rich in anti-hyperglycemic and antioxidant properties. This is done so that foreign invaders such as ceramide are removed from the body and the blood sugar levels are corrected. Although many of these ingredients are scientifically supported, it appears that many of them are selected based on traditional practices. In…
Canada Agriculture Market | Canada Agriculture Industry | Canada Agriculture Mar …
Canada Agriculture is one in all the most important agricultural producers and exporters within the world. Like Alternative developed nations, the proportion of the population and GDP dedicated to agriculture fell dramatically over the 20th century however it remains an crucial part of the Canadian economy. A big differ of agriculture is practiced in Canada, from extensive wheat fields of the grasslands to summer production of the Okanagan valley. Major…
