Medical Cannabis Market Size, Share, Growth Analysis, COVID-19 Trends, Regional Forecast to 2027| Top Leaders: Canopy Growth, Aurora Cannabis, Aphria Medical Cannabis, United Cannabis
DBMR newly added the Medical Cannabis Market 2020 Study that gives meticulous investigation of current scenario of the Market size, share, growth analysis, trends, demand and forecast in the coming years. This report presents the Medical Cannabis analysis from 2010-2020 and then provides forecast from 2020-2027. The market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are kept into focus while creating this global Medical Cannabis market report. The growth of the Medical Cannabis market was mainly driven by the increasing R&D spending across the world, however latest COVID scenario and economic slowdown have changed complete market dynamics.
Global Medical Cannabis Market is estimated to be valued at US$ 82.19 billion in 2027 and is expected to exhibit a CAGR of 20.25 % over the forecast period (2020-2027), as highlighted in a new report published by DBMR.
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Key Features of Medical Cannabis Market Report:
- Overview, Industry Life Cycle Analysis, Supply Chain Analysis
- Size, Trends, Growth Drivers, Constraints, SWOT Analysis, Forecast Analysis
- Competitive Landscapes: Market Share, Product Portfolio, New Product Launches, etc.
- Market attractiveness and Associated Growth Opportunities
- Strategic Growth Opportunities for the Existing and New Players
- Key Success Factors
The report firstly introduced the Medical Cannabis Market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.
The research study gives a complete list of all the leading players working in the Medical Cannabis Market. Moreover, the financial status, company profiles, business strategies and policies, along with latest expansions in the worldwide market have been mentioned in the research study.
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The Segments and Sub-Section of Medical Cannabis Market are shown below:
- By Species (Cannabis Indica, Sativa, Hybrid)
- By Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC), Others)
- By Application (Pharmaceutical Industry, Research and Development Centers, Others)
- By Route of Administration (Oral Solutions and Capsules, Smoking, Vaporizers, Topicals, Others)
List of Significant Vendors Operating in this market include:
- Canopy Growth Corporation
- GW Pharmaceuticals plc
- Aurora Cannabis
- Aphria Medical Cannabis
- MedReleaf Corp
- CanniMed Ltd
- United Cannabis
- The Peace Naturals Project Inc
- Medical Marijuana, Inc
- BOL Pharma
- Cresco Labs
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The key factors of this Medical Cannabis marketing report consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. It is a fully informative and adept report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis. Integrated approaches and most up-to-date technology exploited for generating this Medical Cannabis report make it matchless. This market report acts as an imperative tool to have increments in business activities, qualitative work done and enhanced profits.
In this report you will also find additional deals into key geographical segments of Medical Cannabis Market and deliver details about their current and former share. Ongoing trends, upcoming Challenges, future better regional investments and many other influencing factors have been considered and presented.
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The regions Asia Pacific, North America, Europe, South America & Middle East & Africa have been studied in depth to gain better market penetration and assure exact analysis. Top manufacturers have been given prime importance to make sure their strategies are understood and their position in this particular market can be elucidated.
Global Medical Cannabis Market Scope and Market Size
Medical cannabis market is segmented of the basis of species, derivatives, application and route of administration. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on species, the medical cannabis market is segmented into cannabis indica, sativa and hybrid.
Derivatives segment of the medical cannabis market is segmented into cannabidiol (CBD), tetrahydrocannabinol (THC), and others.
The application segment of the medical cannabis market is divided into pharmaceutical industry, research and development centers and others.
Based on route of administration, the medical cannabis market is bifurcated into oral solutions and capsules, smoking, vaporizers, topicals and others.
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Objective of Studies:
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
- To provide insights about factors affecting the market growth. To analyse the Medical Cannabis Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Medical Cannabis Market.
- To provide country level analysis of the market with respect to the current Medical Cannabis Market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
- To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global Medical Cannabis Market.
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In the end, the report includes Medical Cannabis Market new project SWOT analysis, investment feasibility analysis, investment return analysis, and development analysis. The report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period.
With tables and figures helping analyse worldwide Medical Cannabis Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Medical Cannabis Market Size
2.2 Medical Cannabis Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Medical Cannabis Market Size by Manufacturers
3.2 Medical Cannabis Key Players Head office and Area Served
3.3 Key Players Product/Solution/Service
3.4 Enter barriers in Medical Cannabis Market
3.5 Mergers, Acquisitions, Expansion Plans
4 Medical Cannabis Market by Product
4.1 Medical Cannabis Sales by Product
4.2 Medical Cannabis Revenue by Product
4.3 Medical Cannabis Price by Product
5 Medical Cannabis Market by End User
5.1 Overview
5.2 Medical Cannabis by End User
Continued…!
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Covid-19 Impact – Sudden Upsurge in Cannabis Industry
Coronavirus (COVID-19) outbreak across 110 or more countries has shown impact on every industry. Similarly, it has affected every person as well as every business worldwide with in some small or terribly large way.
In present time scenario, the worldwide cases are more than 8.4 million due to which the economy of the countries has started declining. All the industrial sectors of this country are facing challenges starting from raw material collection to procurement of the end product. One of the industries which have got an impact due to the outbreak is cannabis industry. The revenue generations by the companies or the banks in start of year 2020 were plummeted as the consumers’ demand has decreased and the major reason was lockdown.
Due to the lockdown, the biggest issue which was generated in this industry was supply chain disruption. Mostly, seeds and other products related to cannabis are imported from one country to other.
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