Marijuana Medicine Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2028
Medical marijuana is used to treat a wide range of conditions such as chronic pain, and neurological disorders. The rising product launches are driving the growth of the market. For instance, in July 2020, the FDA has approved THC-based medications, dronabinol (Marinol) and nabilone (Cesamet), for the treatment of nausea in patients undergoing cancer chemotherapy and to stimulate appetite in patients with wasting syndrome due to AIDS. In addition, several marijuana-based medications have been approved or are undergoing clinical trials. For instance, Nabiximols (Sativex), a mouth spray is used in the treatment of spasticity and neuropathic pain.
The marijuana medicine market is driving due to rising awareness regarding various medical applications such as pain management, and growing number of countries legalizing the use of medical marijuana. However, lower market access due to absence of legalization programs in several Asian and African countries is expected to hamper the growth of the global marijuana medicine market. Moreover, growing research and development activities is anticipated to drive demand the growth of the market.
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Some of the Prominent/Emerging Players in Marijuana Medicine Market:
Greenwich Biosciences, Inc.
Insys Therapeutics, Inc.
Lexaria Bioscience Corp
GW Pharmaceuticals plc
Avecho Biotechnology Ltd
Intec Pharma Ltd
Key Questions regarding Current Marijuana Medicine Market Landscape
1. What are the current options for Marijuana Medicine Market?
2. How many companies are developing for the Marijuana Medicine Market?
3. What are the key collaborations (Industry-Industry, Industry-Academia), Mergers and acquisitions, and significant licensing activities that will impact the Marijuana Medicine Market?
4. Which are the dormant and discontinued products and the reasons for the same?
5. What is the unmet need for current Marijuana Medicine Market?
6. What are the current novel therapies, targets, mechanisms of action, and technologies developed to overcome the limitation of existing Marijuana Medicine?
7. What are the critical designations that have been granted for Marijuana Medicine Market?
Marijuana Medicine Market Segmental Overview:
The marijuana medicine market is segmented based on application, and route of administration. Based on application, the market is segmented into chronic pain, arthritis, migraine, cancer, epilepsy, and others. Based on route of administration, the market is segmented into inhalation, oral, and topical.
The report specifically highlights the Marijuana Medicine market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
To comprehend global Marijuana Medicine Market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)
Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.
Reasons to Buy:
1. The nature of Marijuana Medicine business opportunities has grown in complexity with the industry evolving at a greater pace, making it increasingly difficult going without adequate information on markets and companies.
2. Gain a complete understanding of Global Marijuana Medicine industry through the comprehensive analysis
3. Evaluate the pros and cons of investing/operating in country level Marijuana Medicine markets through reliable forecast model results
4. Identify potential investment/contract/expansion opportunities
5. Drive your strategies in the right direction by understanding the impact of latest trends, market forecasts on your Marijuana Medicine business
6. Beat your competition through information on their operations, strategies and new projects
7. Recent insights on the Marijuana Medicine market will help users operating in the market to initiate transformational growth
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