Medical Cannabis Industry 2021 With Covid-19 Impact and Market Size, Share 2021 Industry Analysis By Tilray, Elixinol Global Limited, Medical Marijuana, Inc., Extractas

Medical Cannabis Market is the top quality market report that has in-depth market research studies. This market study analyses the market status, size, demand, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This report encourages accomplishing the success by making to focus on the information and substances of the business which is in trend. With the market report, it turns out to be easy to draw together industry data more rapidly. This global market research report will prompt significant thoughts and better leadership. The Medical Cannabis Marketing report is a careful analysis of the current situation of the worldwide market, which covers a few market elements. An international Medical Cannabis Market report makes organization equipped with information and data produced by sound research strategies.

Data Bridge Market Research analyses that the Global Medical Cannabis Market is growing at a CAGR of 25.16% in the forecast period of 2021 to 2028 is expected to reach USD 67,354.01 million by 2028. Increased medical use and legalization of cannabis is acting as a driver for the medical cannabis market.

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Medical Cannabis Market is growing due to increased usage of cannabis seeds in cosmetic products. However, complex regulatory structure for usage of cannabis acts as a restraint for its growth in the market.

As businesses try to go for the statistical surveying examination before taking any decision about the items, choosing such market research report is vital for them. This market study analyses the market status, size, demand, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. An influential Medical Cannabis Market report contains notable information, present market patterns, market size, technical development, upcoming advances and the specialized advancement in the related business. A number of steps are used while preparing this business report by taking the inputs from a dedicated team of researchers, analysts and forecasters. The winning Medical Cannabis report overviews all the in progress improvements, item dispatches, joint endeavors, mergers and acquisitions by the few key players and brands that are driving the market.

Medical Cannabis Market Scenario

According to Data Bridge Market Research, the market for medical cannabis in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is MediPharm Labs Inc. which accounts an estimated market share of approximately 17.56% in the North American region.

Proceeding further, the business intelligence report of Market incorporates segmentation studies including product and application categories, and Regional-level analysis of the top geographies. Moving to the market competitive scenario, product and service offering of the prominent organizations along with business strategies employed by them to maintain a strong hold in this marketplace are reviewed thoroughly.

The statistical information presented in this report is predicated on the Medical Cannabis in Government marketplace primary, secondary investigation and study, and media release. This comprises data via a global group of expertise from Medical Cannabis in Government notable players to provide the latest information on the international Medical Cannabis in Government marketplace. Moving forward, segmentation analysis is obviously explained considering all the significant probabilities pertinent to Market in Government market conditions.

PESTLE Analysis of Global Medical Cannabis Market
• Political (Political policy and stability as well as trade, fiscal and taxation
policies)
• Economical (Interest rates, employment or unemployment rates, raw material
costs and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends,
attitude changes and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research
and development)
• Legal (Employment legislation, consumer law, health and safety, international
as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste
disposal and sustainability)

The market share (by revenue) for the public players will be based on the information available in the public domain, and for the private players, such information will be provided on best effort basis, which will entirely be based on primary interviews and latest developments of the companies

The segments and sub-section of Medical Cannabis market are shown below:

By Product (Oil, Dried Medical Cannabis, Medical Cannabis Capsules, Vape Pen, Whole Flower, Creams & Moisturizer, Ground Flower, Patch, Mask & Serum, Cleanser, Others)

By Source (Natural, Synthetic)

By Species (Sativa, Hybrid, Cannabis Indica)

By Derivatives ((CBD), Tetrahydrocannabinol (THC)/Delta-8-Tetrahydrocannabinol, Cannabigerol (CBG), Cannabinol, Others)

By Application (Pain Management, Anxiety, Muscle Spasms, Nausea, Appetite Loss, Cancer, Arthritis, Alzheimer’s Disease, Epilepsy, Depression and Sleep Disorders, Multiple Sclerosis, Autism, Mental Health Conditions, Elevate Mood, Others)

By Route of Administration (Oral Solutions and Capsules, Smoking, Topicals, Vaporizers, Others)

By End User (Homecare Settings, Hospital and Rehab Centers, Pharmaceutical Industry, Research and Development Centers, Others)

By Distribution Channel (B2C, B2B)

Some of the Key Players/Manufacturers involved in the Market are –

Tilray
Elixinol Global Limited
Medical Marijuana, Inc.
Extractas
Peace Naturals Project Inc.
BOL Pharma
PharmaHemp, Kiehl’s (A Subsidiary of L’ORÉAL)
Vermont Hemp Health
Discover Health LLC
ENDOCA
Pacific roots
CANOPY GROWTH CORPORATION
Aurora Cannabis
GW Pharmaceuticals plc.
Harmony
Pure Ratios
MARY’s nutritionals
Bioactive Solutions, Inc.
Upstate Elevator Supply Co.
FOLIUM BIOSCIENCES
EcoGen Biosciences
Althea Company Pty Ltd (A Subsidiary of Althea Group Holdings Limited)
Apothecanna
Zenabis Global Ltd
Cresco Labs
IDT Australia
MEDIFARM
Greenwich Biosciences, Inc.
MediPharm Labs Inc.
THC Global Group Limited
Seed Cellar
.…
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The report also focuses on global major leading industry players of worldwide Medical Cannabis market providing information like company profiles, product picture and specification, capacity, production, price, cost, revenue and get in touch with information. Upstream raw materials and equipment and downstream demand analysis is additionally administered. The worldwide Medical Cannabis market development trends and marketing channels are analyzed. Finally, the feasibility of latest investment projects is assessed and overall research conclusions offered.

Trends Impacting the Market

Now the question is which other regions MediPharm Labs Inc. Aphria Inc. and Tilray are targeting? Data Bridge Market Research has estimated a large growth in North Medical cannabis market and the market leaders targeting U.S, Canada and Mexico to be their next revenue pockets for 2020.

The medical cannabis market is becoming more competitive every year with companies such as MediPharm Labs Inc. Aphria Inc. and Tilray as they are the market leaders for medical cannabis. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the medical cannabis market.

Global Medical Cannabis Market Scope and market size

The medical cannabis market is categorized into eight notable segments which are based on the product, source, species, derivatives, application, route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, the medical cannabis market is segmented into oil, medical cannabis capsules, patch, whole flower, ground flower, vape pen, dried medical cannabis, creams & moisturizer, mask & serum, cleanser and others. In 2021, oil segment is expected to dominate the medical cannabis market due to high technology adoption by key players in the market.

On the basis of source, the medical cannabis market is segmented into synthetic and natural. In 2021, synthetic segment is expected to dominate the medical cannabis market because of increasing healthcare expenditure.

On the basis of species, the medical cannabis market is segmented into cannabis indica, sativa and hybrid. In 2021, cannabis indica segment is expected to dominate the medical cannabis market because of increased medicinal use of cannabis.

On the basis of derivatives, the medical cannabis market is segmented into (CBD), tetrahydrocannabinol (THC)/delta-8-tetrahydrocannabinol, cannabinol, cannabigerol (CBG) and others. In 2021, (CBD) segment is expected to dominate the medical cannabis market due to increasing demand of medical marijuana products in the market.

On the basis of application, the medical cannabis market is segmented into Alzheimer’s disease, appetite loss, cancer, epilepsy, autism, mental health conditions, multiple sclerosis, pain management, nausea, muscle spasms, arthritis, elevate mood, depression and sleep disorders, anxiety and others. In 2021, Alzheimer’s disease segment is expected to dominate the medical cannabis market because of increasing R&D activities.

On the basis of route of administration, the medical cannabis market is segmented into oral solutions and capsules, smoking, vaporizers, topicals and others. In 2021, oral solutions and capsules segment is expected to dominate the medical cannabis market because of rising prevalence of chronic diseases.

On the basis of end user, the medical cannabis market is segmented into pharmaceutical industry, research and development centers, homecare settings, hospital and rehab centers and others. In 2021, pharmaceutical industry segment is expected to dominate the medical cannabis market because of increasing geriatric population and prevalence of chronic diseases.

On the basis of distribution channel, the medical cannabis market is segmented into B2B and B2C. In 2021, B2B segment is expected to dominate the medical cannabis market because of increasing demand of cannabis for medical and clinical purposes

Key Answers Captured in Study are

Which geography would have better demand for product/services?

What strategies of big players help them acquire share in regional market?

Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?

How feasible is market for long term investment?

What opportunity the country would offer for existing and new players in the Medical Cannabis market?

Risk side analysis involved with suppliers in specific geography?

What influencing factors driving the demand of Medical Cannabis near future?

What is the impact analysis of various factors in the Global Medical Cannabis market growth?

What are the recent trends in the regional market and how successful they are?

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If opting for the Global version of Medical Cannabis Market analysis is provided for major regions as follows:

North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia , Italy and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
Important years considered in the study are:

Historical year – 2010-2020 ; Base year – 2020; Forecast period** – 2021 to 2028 [** unless otherwise stated]

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1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL MEDICAL CANNABIS MARKET

1.4 LIMITATIONS

1.5 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 MULTIVARIATE MODELLING

2.7 PRODUCT LIFELINE CURVE

2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.9 DBMR MARKET POSITION GRID

2.1 MARKET APPLICATION COVERAGE GRID

2.11 VENDOR SHARE ANALYSIS

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 GLOBAL MEDICAL CANNABIS MARKET: REGULATIONS

5.1 UNITED STATES

5.2 CANADA

5.3 AUSTRALIA

5.4 THAILAND

6 GLOBAL MEDICAL CANNABIS MARKET: SUPPLY CHAIN ANALYSIS

6.1 CULTIVATORS AND GROWERS

6.2 MANUFACTURER AND PRODUCER

6.3 TESTERS

6.4 WHOLESALE AND DISTRIBUTORS

6.5 RETAILERS

7 MARKET OVERVIEW

7.1 DRIVERS

7.1.1 INCREASED MEDICINAL USE

7.1.2 LEGALIZATION OF CANNABIS

7.1.3 INITIATIVES TAKEN BY MANUFACTURERS

7.1.4 INCREASED USAGE OF CANNABIS SEEDS IN COSMETIC PRODUCTS

7.1.5 FUNCTIONAL PROPERTIES OF CANNABIS AND THEIR INCREASED USE IN DIFFERENT INDUSTRIES

7.2 RESTRAINTS

7.2.1 COMPLEX REGULATORY STRUCTURE FOR USAGE OF CANNABIS

7.2.2 LONG TERM USE CAN CAUSE ADVERSE EFFECTS

7.2.3 HIGH COST

7.3 OPPORTUNITIES

7.3.1 NOVEL PRODUCT DEVELOPMENT WITH INCREASING R & D ACTIVITIES

7.3.2 INCREASED ADOPTION OF CANNABIS FOR RECREATIONAL PURPOSE

7.3.3 GROWING GERIATRIC POPULATION

7.3.4 INCREASING PREVALENCE OF CHRONIC DISEASES

7.4 CHALLENGES

7.4.1 RISE OF MARIJUANA BLACK MARKET

7.4.2 SIDE EFFECTS RELATED TO THE USE OF CANNABIS

7.4.3 SHORTAGE OF PERSONNEL

8 IMPACT OF COVID-19 ON GLOBAL MEDICAL CANNABIS MARKET

8.1 IMPACT ON PRICE

8.2 IMPACT ON DEMAND

8.3 IMPACT ON SUPPLY

8.4 KEY INITIATIVES BY MARKET PLAYER DURING COVID 19

8.5 CONCLUSION:

9 GLOBAL MEDICAL CANNABIS MARKET, BY PRODUCT

9.1 OVERVIEW

9.2 OIL

9.2.1 BY TYPE

9.2.1.1 CBD Oil Concentrates

9.2.1.2 CBD Vape Oil

9.2.1.3 CBD Tinctures

9.2.2 BY SOURCE

9.2.2.1 Marijuana Based

9.2.2.2 Hemp Based

9.2.3 BY SPECIES

9.2.3.1 Sativa

9.2.3.2 Hybrid

9.2.3.3 Cannabis Indica

9.3 DRIED MEDICAL CANNABIS

9.3.1 CANNABIS INDICA

9.3.2 SATIVA

9.3.3 HYBRID

9.4 MEDICAL CANNABIS CAPSULES

9.4.1 BY TYPE

9.4.1.1 Oil Based Cannabis Capsules

9.4.1.2 Power Based Cannabis Capsules

9.4.1.3 Others

9.4.2 BY CONCENTRATES

9.4.2.1 High CBD Capsules Digital

9.4.2.2 High THC Capsule

9.4.2.3 THC/CBD balanced capsule

9.4.2.4 CBD Isolate Capsule

9.4.2.5 By Species

9.4.2.6 Sativa

9.4.2.7 Hybrid

9.4.2.8 Cannabis Indica

9.5 VAPE PEN

9.5.1 CANNABIS INDICA

9.5.2 SATIVA

9.5.3 HYBRID

9.6 WHOLE FLOWER

9.6.1 SATIVA

9.6.2 HYBRID

9.6.3 CANNABIS INDICA

9.7 CREAMS & MOISTURIZER

9.8 GROUND FLOWER

9.8.1 SATIVA

9.8.2 CANNABIS INDICA

9.8.3 HYBRID

9.9 PATCH

9.1 MASK & SERUM

9.11 CLEANSER

9.12 OTHERS

10 GLOBAL MEDICAL CANNABIS MARKET, BY APPLICATION

10.1 OVERVIEW

10.2 PAIN MANAGEMENT

10.2.1 OIL

10.2.2 MEDICAL CANNABIS AND CAPSULES

10.2.3 DRIED MEDICAL CANNABIS

10.2.4 PATCH

10.2.5 GROUND FLOWER

10.2.6 CREAMS & MOISTURIZER

10.2.7 VAPE PEN

10.2.8 WHOLE FLOWER

10.2.9 MASKS & SERUM

10.2.10 CLEANSER

10.2.11 OTHERS

10.3 ANXIETY

10.3.1 OIL

10.3.2 DRIED MEDICAL CANNABIS

10.3.3 MEDICAL CANNABIS AND CAPSULES

10.3.4 GROUND FLOWER

10.3.5 VAPE PEN

10.3.6 WHOLE FLOWER

10.3.7 OTHERS

10.4 MUSCLE SPASMS

10.4.1 OIL

10.4.2 MEDICAL CANNABIS AND CAPSULES

10.4.3 DRIED MEDICAL CANNABIS

10.4.4 PATCH

10.4.5 CREAMS & MOISTURIZER

10.4.6 GROUND FLOWER

10.4.7 VAPE PEN

10.4.8 WHOLE FLOWER

10.4.9 MASKS & SERUM

10.4.10 CLEANSER

10.4.11 OTHERS

10.5 NAUSEA

10.5.1 OIL

10.5.2 MEDICAL CANNABIS AND CAPSULES

10.5.3 DRIED MEDICAL CANNABIS

10.5.4 GROUND FLOWER

10.5.5 CREAMS & MOISTURIZER

10.5.6 PATCH

10.5.7 VAPE PEN

10.5.8 WHOLE FLOWER

10.5.9 MASKS & SERUM

10.5.10 CLEANSER

10.5.11 OTHERS

10.6 APPETITE LOSS

10.6.1 OIL

10.6.2 MEDICAL CANNABIS AND CAPSULES

10.6.3 DRIED MEDICAL CANNABIS

10.6.4 GROUND FLOWER

10.6.5 WHOLE FLOWER

10.6.6 VAPE PEN

10.6.7 PATCH

10.6.8 OTHERS

10.7 CANCER

10.7.1 OIL

10.7.2 MEDICAL CANNABIS AND CAPSULES

10.7.3 DRIED MEDICAL CANNABIS

10.7.4 PATCH

10.7.5 GROUND FLOWER

10.7.6 VAPE PEN

10.7.7 WHOLE FLOWER

10.7.8 OTHERS

10.8 ARTHRITIS

10.8.1 OIL

10.8.2 MEDICAL CANNABIS AND CAPSULES

10.8.3 DRIED MEDICAL CANNABIS

10.8.4 PATCH

10.8.5 GROUND FLOWER

10.8.6 CREAMS & MOISTURIZER

10.8.7 MASKS & SERUM

10.8.8 WHOLE FLOWER

10.8.9 VAPE PEN

10.8.10 CLEANSER

10.8.11 OTHERS

10.9 ALZHEIMER’S DISEASE/MIGRANES

10.9.1 OIL

10.9.2 DRIED MEDICAL CANNABIS

10.9.3 MEDICAL CANNABIS AND CAPSULES

10.9.4 PATCH

10.9.5 GROUND FLOWER

10.9.6 VAPE PEN

10.9.7 WHOLE FLOWER

10.9.8 OTHERS

10.1 EPILEPSY

10.10.1 OIL

10.10.2 MEDICAL CANNABIS AND CAPSULES

10.10.3 OTHERS

10.11 DEPRESSION AND SLEEP DISORDERS

10.11.1 OIL

10.11.2 DRIED MEDICAL CANNABIS

10.11.3 MEDICAL CANNABIS AND CAPSULES

10.11.4 PATCH

10.11.5 CREAMS & MOISTURIZER

10.11.6 OTHERS

10.12 MULTIPLE SCLEROSIS

10.12.1 OIL

10.12.2 DRIED MEDICAL CANNABIS

10.12.3 MEDICAL CANNABIS AND CAPSULES

10.12.4 PATCH

10.12.5 GROUND FLOWER

10.12.6 VAPE PEN

10.12.7 WHOLE FLOWER

10.12.8 OTHERS

10.13 AUTISM

10.13.1 OIL

10.13.2 MEDICAL CANNABIS AND CAPSULES

10.13.3 OTHERS

10.14 MENTAL HEALTH CONDITIONS

10.14.1 OIL

10.14.2 MEDICAL CANNABIS AND CAPSULES

10.14.3 OTHERS

10.15 ELEVATE MOOD

10.15.1 OIL

10.15.2 DRIED MEDICAL CANNABIS

10.15.3 MEDICAL CANNABIS AND CAPSULES

10.15.4 PATCH

10.15.5 CREAMS & MOISTURIZER

10.15.6 MASKS & SERUM

10.15.7 CLEANSER

10.15.8 OTHERS

10.16 OTHERS

11 GLOBAL MEDICAL CANNABIS MARKET, BY DERIVATIVES

11.1 OVERVIEW

11.2 (CBD)

11.2.1 OIL

11.2.2 MEDICAL CANNABIS CAPSULES

11.2.3 GROUND FLOWER

11.2.4 PATCH

11.2.5 CREAMS & MOISTURIZER

11.2.6 VAPE PEN

11.2.7 WHOLE FLOWER

11.2.8 MASKS & SERUM

11.2.9 CLEANSER

11.2.10 OTHERS

11.3 TETRAHYDROCANNABINOL (THC)/DELTA-8-TETRAHYDROCANNABINOL

11.3.1 OIL

11.3.2 MEDICAL CANNABIS CAPSULES

11.3.3 DRIED MEDICAL CANNABIS

11.3.4 GROUND FLOWER

11.4 PATCH

11.4.1 CREAMS & MOISTURIZER

11.4.2 WHOLE FLOWER

Continued…..

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