Press release
Veterinary Surgical Instruments Market Global Analysis with Industry Growth by Size, Share, Trend, Investment, High Business Ratio, Future Prospect by 2023
The Report Presents a Detailed Analysis of the Global Medical Cannabis Market by Providing Readers with a Comprehensive Overview of the Market’s Historical Trajectory. The Leading Drivers and Restraints Affecting the Global Veterinary Surgical Instruments Market are Assessed in Detail in the Report.Recent Updates:
The Utah Department of Health, a agency in the state of Utah, U.S., has started calling applicants to function pharmacies dedicated to medical marijuana in the state. The department will provide licenses to 14 pharmacies. The application of pharmacies will be thoroughly evaluated based on the criteria under the Medical Cannabis Act and request for proposals. The County Commission of Utah has also designated certain industrial and residential zone to be for cannabis production.
Get Free Sample Copy at https://www.marketresearchfuture.com/sample_request/8368
Market Insights:
The Medical Cannabis Market is projected to reach a valuation of USD 52.35 billion and attain a CAGR of 15.4% during the forecast period (2019-2025).
Marijuana, also known as cannabis, is a shrub that contains a chemical known as cannabis and has healing properties. This plant is used by various pharmaceutical companies as raw material to produce medicines for various therapeutic applications. The permitted use of cannabis for wellness and medical purposes is increasing, but varies by region, depending on the possession, distribution, culture and medical indications for its use.
The sturdy progress of the global medical marijuana market is due to several factors, such as the increased use of marijuana, the growing prevalence of chronic diseases and other medical conditions, the increasing legalization of medical marijuana in different countries, increased research and development on cannabinoids. However, the increasing use of illegal cannabis is likely to slow the growth of the global medical cannabis market.
Market Participants:
The global medical cannabis market is supported by various marijuana production and processing companies with their deep research affiliated to the reap out maximum benefits out of the plant in terms of medical applications. Some of these key players are Tilray, Cannabis Sativa Inc., GW Pharmaceuticals PLC, Aphria, Inc, Canopy Growth Corporation, CanniMed Ltd, United Cannabis, Aurora Cannabis, MediPharm Labs, Medical Marijuana, Inc., GBSciences Inc, and Maricann Inc.
Market Segmentation
The global medical cannabis market is bifurcated by product form, by-product, application, and end-user.
The market, based on product form, is divided into powders, solids, ointments and creams, oils, and others. The powder segment is predicted to grow rapidly during the evaluation period as the powder dissolves easily in any liquid; this greatly increases the chances of patients consuming their marijuana products for medicinal purposes. Thus, the easy consumption of powdered products will considerably stimulate market growth.
The global market for medical cannabis is divided into cannabidiol (CBD) and tetrahydrocannabinol (THC) based on their derivatives. The cannabidiol (CBD) segment is expected to dominate most of the market as it is mainly used to treat pain and various other medical conditions.
The global medical cannabis market is classified depending on its applications in arthritis, cancer, Alzheimer's disease, schizophrenia, and others. Alzheimer's disease is anticipated to lead the market, with about 5.7 million Americans of all ages living with Alzheimer's disease and dementia.
Based on the distribution channels, the global medical cannabis market is bifurcated into retail pharmacies, online stores, and others. The retail pharmacy segment is expected to have the largest market share, with most retailers and pharmacies supplying cannabis worldwide.
Regional Outlooks
As the global medical cannabis market is emerging swiftly in various developed nations with well-defined regulations for marijuana production and distribution, the Americas leads the global market and is anticipated to sustain its dominance in the during the forecast period.
The European market for medical cannabis is predicted to show growth trends owing to well-established medical facilities and research infrastructure, and prevalence of chronic conditions.
Asia Pacific market is projected to swift growth trends in the medical cannabis market. Growing prevalence of cancer cases and the elderly population.
Growing funding and healthcare expenditure in the Middle East and Africa are expected to drive the growth of the region market at a moderate pace.
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 Veterinary Surgical Instruments Market Global Analysis with Industry Growth by Size, Share, Trend, Investment, High Business Ratio, Future Prospect by 2023 here
News-ID: 2208513 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Cannabis
Cannabis Concentrate Market to Witness Huge Growth by Aurora Cannabis, Tikun Ola …
Global Cannabis Concentrate Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns& country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability.…
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…
Medical Cannabis Market Size, Growth Rate, COVID-19 Impact, Key Players-Canopy G …
The Latest research study released by DBMR "Global Medical Cannabis Market" with 350+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. This Research Report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market. A number…
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 Market Demand, Competitive Landscape and Outlook by 2027 Key Players - …
Cannabis or Marijuana is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.
Cannabis market is expected to reach US$ 153,689.9 Mn in 2027 from US$ 10,838.1 in 2018. The market is estimated to grow with a CAGR of 34.5% from 2019-2027. The report highlights the trends prevalent in the global cannabis market and the factors driving the market along with those that act as deterrents…
By 2027, Cannabis Market is reaching 34.5% of CAGR Lead by Aurora Cannabis, Cann …
Global “Cannabis Market” report has implemented a systematic way to evaluate the dynamics of the overall Cannabis market. It provides a comprehensive study comprising of a top-to-bottom research on the market dynamics, including growth drivers, challenges, threats, and potential growth opportunities, with a key focus on the global market and the regional market. In a chapter-wise format, the report evaluates the global supply and demand trends in the global market,…
