Press release
Medical Marijuana Market Size, Share & Trends Analysis Report By Product Type (Flower, Oil & Tinctures), By Application (Chronic Pain, Arthritis, Migraine, Cancer, Diabetes, AIDS, Epilepsy, Parkinson's Disease), By Region, And Segment Forecasts, 2023 - 20
Global Medical Marijuana Market
The global medical marijuana market size was valued at USD 13.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 21.80% from 2023 to 2030.
Medical marijuana is still at the introduction stage in the healthcare sector. It is already used to make medicines in China, which is why this potent product is now getting widespread acceptance on a global scale. Because some conditions cannot be fully treated by conventional medications, medical marijuana continues to have a significant impact on the medical health sector.
A key ingredient in marijuana, has numerous clinical qualities that can be used to create medications with medicinal uses. Multiple conditions associated to cancer, the central nervous system, and Alzheimer's are all treated using medical marijuana. Plants come in two varieties: sativa and indica. As a result, either of these two types, each of which has unique capabilities when exposed to the human body, is used by manufacturers to create medicines. The two most common types of medical marijuana are dry and extract.
The industry is expanding as people become more aware of the product's potential therapeutic uses for things like pain management, boosting hunger, and lowering ocular strain. Sativa and Indica, which are native to the western hemisphere's nations and the central and south Asian regions, respectively, are the two varieties of medical marijuana.
One of the main elements influencing the penetration rate in therapeutic applications is the rising proportion of nations worldwide that permit the use of medical marijuana. The demand for medical marijuana is rising along with changes in governmental policies.
The use of medical marijuana is now legal in many nations, which is the main route for its production, reducing imports and generating cash in the form of taxes.
Some of the key factors that are anticipated to drive the demand for medical marijuana over the coming years include the rising number of states that have legalised marijuana for medical use, the expanding use in the healthcare industry, and recreational uses. The need is also anticipated to increase as research and development activities expand.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Medical Marijuana manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Medical Marijuana market covering all its essential aspects.
Click Here To Access The Free Sample Report @ https://analyticsmarketresearch.com/sample-request/medical-marijuana-market/47968/
Global Medical Marijuana Market: Segmentations
Global Medical Marijuana Market: By Key Players
Scotts Miracle-Gro
Canopy Growth
GW Pharmaceuticals
Aurora
Aphria
MedReLeaf
Insys Therapeutics
Sprott
CanniMed Therapeutics
Horizons Marijuana Life Sciences Index ETF
Global Medical Marijuana Market: By Types
Dried Flower
Oils + Concentrates
Softgel Capsules
Global Medical Marijuana Market: By Applications
Muscle Spasms
Nausea (from cancer chemotherapy)
Chronic Illness (HIV/Nerve Pain)
Seizure Disorders
Crohns Disease
Global Medical Marijuana Market: Regional Analysis
The countries covered in the regional analysis of the Global Medical Marijuana market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Purchase This Premium Report Now @ https://analyticsmarketresearch.com/purchase/medical-marijuana-market/47968/?license=single
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
Read Full Research Report @ https://analyticsmarketresearch.com/reports/medical-marijuana-market/47968/
Frequently Asked Questions About This Report
• How big is the medical marijuana market?
• What is the medical marijuana market growth?
• Which segment accounted for the largest medical marijuana market share?
• Who are the key players in medical marijuana market?
• What are the factors driving the medical marijuana market?
More Trending Reports:
Global Orthobiologics Market: https://analyticsmarketresearch.com/reports/orthobiologics-market/387/
Global General OTC Market: https://analyticsmarketresearch.com/reports/general-otc-market/333/
Global Umbilical Cord Shear Market: https://analyticsmarketresearch.com/reports/umbilical-cord-shear-market/286/
Contact US:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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 Marijuana Market Size, Share & Trends Analysis Report By Product Type (Flower, Oil & Tinctures), By Application (Chronic Pain, Arthritis, Migraine, Cancer, Diabetes, AIDS, Epilepsy, Parkinson's Disease), By Region, And Segment Forecasts, 2023 - 20 here
News-ID: 2916289 • Views: …
More Releases from Analytics Market Research
Global Texture Paint Market Rising Trends, Technology Research and Advancement O …
The Global Texture Paint Market size was valued at USD 12,400 million in 2022 and is projected to reach USD 16,700 million by 2033, growing at a CAGR of 4.5% during the forecast period.
The texture paint market refers to the industry involved in the production, distribution, and sale of texture paints. Texture paints are specialized coatings used to add texture and visual interest to surfaces, such as walls, ceilings, furniture,…
Guarding the Global Flow: Exploring the Growth Potential and Security Innovation …
The global Supply Chain Security Market size was valued at USD 2.56 billion in 2022, and is projected to reach USD 3.57 billion by 2032 at a CAGR of 11.5% from 2023 to 2032.
The supply chain security market refers to the set of solutions and services aimed at securing the flow of goods, services, and information across the global supply chain. The primary objective of supply chain security is to…
Clouding the Future: Unveiling the Global Public Cloud Market's Transformation a …
The global public cloud market was estimated at USD 211.5 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.6% from 2023 to 2032. Rapid progress of digital transformation in the industry, prevalence of internet and mobile devices, and increasing consumption of big data are the major drivers of market growth.
Developing next-generation industrial solutions is leveraging the cloud and requires a platform that…
Revolutionizing Education: Exploring the Global Learning Management System Marke …
The global Learning Management System Market size was valued at USD 27.56 billion in 2022, and is projected to reach USD 62.57 billion by 2032 at a CAGR of 18.5% from 2023 to 2032.
A Learning Management System (LMS) is a software application designed to manage and deliver educational and training courses, resources, and assessments to learners. It is used by educational institutions, businesses, and organizations to create and deliver courses,…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
