Legal Cannabis Medical Market to be Driven by Increase in the Legalization of Cannabis in Various Countries Across the World
THC is observed to increase appetite and reduce nausea. It is also observed to reduce inflammation, pain, and muscle control issues. CBD, on the other hand, is used for controlling mental illnesses and epileptic seizures. Interest of researchers in the use of chemical cannabidiol for the treatment of medical conditions such as childhood epilepsy is growing. CBD is used in the oil form for this treatment.
Download Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37865
Researchers engaged in studies funded by the National Institutes of Health (NIH) are continuously exploring other possible medical uses of CBD and THC. Recently, a few pre-clinical studies have shown that cannabis extracts help kill certain cancer cells and reduce the size of other cancerous cells. Evidences from the cell culture study with rodents suggest that purified extracts from the whole cannabis plant can slowdown the growth of cancer cells in brain tumors. Another research study with mice has shown that the use of extracts of cannabinoids along with the radiation catalyzes the cancer-killing effect of the radiation. Several pre-clinical and clinical trials have been conducted by scientists using cannabis extracts to treat diseases such as multiple sclerosis, HIV/AIDS, seizures, and mental disorders.
Increase in the legalization of cannabis in various countries across the world, rise in the demand for medical cannabis, increase in government-funded research and development activities for medical use of cannabis, and surge in the number of mergers and acquisitions are some of the factors driving the legal cannabis medical market. However, several regulatory frameworks restricting the use of cannabis is a major factor hampering the market.
Request for TOC @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=37865
Currently, only two FDA-approved, THC-containing drugs viz. dronabinol and nabilone have been approved for use in the treatment of chemotherapy-induced nausea and for increasing the appetite in patients with extreme weight loss caused by AIDS. Several countries in Europe have approved nabiximols, which contains both CBD and THC, for use in the treatment of muscle control issues caused by multiple sclerosis. Another drug i.e. epidiolex, which is CBD–based, is undergoing clinical trials for approval for use in the treatment of childhood epilepsy. However, it has not yet been approved by the FDA.
Based on condition treated, the legal cannabis medical market has been segmented into cancer, chronic pain, migraine, arthritis, and others. Medically established studies for the use of cannabis in chronic pain treatment and increase in the number of clinical trials with cannabis extract for neuropathic and chronic pain are anticipated to drive the chronic pain segment during the forecast period. Based on mode of administration, the market has been segmented into oral, injectable, dermal patches, and others.
Based on geography, the global legal cannabis medical market has been segmented into North America, Europe, Asia, and Rest of World. The U.S. currently accounts for 90% of the global cannabis sales, which makes the country a major market for legal cannabis medical. The market in Europe is anticipated to expand in the next few years, due to relaxation in policies related to use of cannabis and increase in the number of countries in the region legalizing the use of cannabis. For example, Poland is the 12th country in the European Union permitting the sale of medical cannabis for the treatment of certain conditions.
Obtain Report Details @ https://www.transparencymarketresearch.com/legal-cannabis-medical-market.html
Some of the key players operating in the legal cannabis medical market are ABcann Medicinals Inc., Cannabis Sativa, Inc., GW Pharmaceutical, PLC, Medical Marijuana Inc., Abattis Bioceuticals Corp., United Cannabis Corporation, Lexaria Corp, Cara Therapeutics Inc., and International Consolidated Companies, Inc.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Legal Cannabis Medical Market to be Driven by Increase in the Legalization of Cannabis in Various Countries Across the World here
News-ID: 988001 • Views: 267
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for Medical
Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works