Medical Cannabis Market Size, Share 2021 Industry Growing Rapidly with Recent Demand, Trends, Development, Revenue and Tilray, Elixinol Global Limited, Medical Marijuana, Inc., Extractas
Global Medical Cannabis Market Size, Share, Industry Trends, Growth, and Forecast to 2028” is a recent report generated by DBMR. The global Medical Cannabis market report has been segmented on the basis of type, technology, and region. Global Medical Cannabis Market Overview: Medical Cannabis are the technology-based products which provide the numerous variety of fitness tracking and health monitoring options to individuals who are health conscious. Rising health awareness among population is the vital factor escalating the market growth, also user-friendly devices, rising adoption of technology, hiking popularity towards smart gadgets & benefits of fitness trackers are the major factors among others driving the Medical Cannabis market. Modernization & technical advancements in the devices will further create opportunities for Medical Cannabis market in the forecasted period of 2020-2027.
Global Medical Cannabis Market is forecasted to grow at 25.16% with factor such as increased medical use and legalization of cannabis.
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The First Class Medical Cannabis Market report works as an established source of information to offer a telescopic view of the current market trends, situations, opportunities and status. The report is divided into several characters which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again detailed in the report as required to define the topic and provide maximum information for better decision making. In addition, Medical Cannabis market research report also gives top to bottom assessment of the market with respect to income and developing business sector.
The research covers the current market size of the Global Medical Cannabis market and its growth rates based on 7 year history data along with company profile of key players/manufacturers. The in-depth information by segments of Medical Cannabis market helps monitor future profitability & to make critical decisions for growth. The information on trends and developments, focuses on markets and materials, capacities, technologies, CAPEX cycle and the changing structure.
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
This report focuses on some of the most prominent key vendors in this market, with revenue production, sales, gross margin, and market share for each manufacturer, covering:
- 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
- ….
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The report also focuses on global major leading industry players of Global Medical Cannabis Market Share providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. With tables and figures helping analyse worldwide Global Medical Cannabis Market Forecast this research 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.
Based on Type the market is segmented into :,
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), Species (Sativa, Hybrid, Cannabis Indica)
By Derivatives (Cannabidiol (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)
Market size available for years 2010-2028
Base year considered 2028
Forecast period 2021-2028
Segments covered Type, Application, and Region/Country
Geographies covered Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East & Africa, Egypt, South Africa, Israel, Turkey & GCC Countries
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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 cannabidiol (CBD), tetrahydrocannabinol (THC)/delta-8-tetrahydrocannabinol, cannabinol, cannabigerol (CBG) and others. In 2021, cannabidiol (CBD) segment is expected to dominate the medical cannabis market due to increasing demand of medical marijuana products in the market.
Major Highlights of Table of Content
Sections 1. Industry Abstract of Global Medical Cannabis Market.
Sections 2. Manufacturers / Company analysis and Profiles.
Sections 3. Market Size by Type and Application.
Sections 4. Medical Cannabis 2018 Analysis by key traders.
Sections 5. Europe Report Development Status and Outlook.
Sections 6. Japan Report Development Status and Outlook.
Sections 7. Development Status and improvements of Medical Cannabis Market in the United States, China and Other major regions.
Sections 8. Southeast Asia Market Improvement Status and Outlook.
Sections 9. China Market Report Development Status and Outlook.
Sections 10. India Market Development Status and Outlook.
Sections 11. Global Medical Cannabis Market Figure by Applications, areas, and Sorts (2021-2028)
Sections 12. Market Factors Analysis.
Sections 13. Market Dynamics.
Sections 14. Research Findings and Conclusions of Medical Cannabis Market.
Sections 15. Appendix.
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