Medical Cannabis Market: Trends, Forecast, and Competitive Landscape 2031
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The global medical cannabis market size was valued at USD 21.06 billion in 2023 and is projected to reach USD 108.90 billion by 2031, with a CAGR of 22.80% during the forecast period of 2024 to 2031.
The large scale Medical Cannabis Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. This market report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. The report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report.
Request an analyst call or drop down an enquiry to get detailed Medical Cannabis market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken into account while studying market and preparing this industry report. It has a systematic investigation of current scenario of the global market, which covers several market dynamics. This market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The top notch Medical Cannabis report best suits the requirements of the client.
Top Industry Players:
MediPharm Labs Inc., Tilray, Aurora Cannabis, JAZZ Pharmaceuticals Inc. (GW Pharmaceuticals plc), HEXO Corp. (Zenabis Global Ltd), Cresco Labs, Peace Naturals Project Inc., CANOPY GROWTH CORPORATION, Medical Marijuana, Inc., Seed Cellar, EcoGen Biosciences, CANNABIS SEEDS USA, Seeds For Me, HUMBOLDT SEED COMPANY, Extractas, World Class Cannabis Seeds (Crop King Seeds), BARNEY'S FARM, FOLIUM BIOSCIENCES, PharmaHemp, Elixinol Global Limited, ENDOCA, Harmony, MARY’S nutritionals, LLC, Pure Ratios, Greenwich Biosciences, Inc., Upstate Elevator Supply Co., Apothecanna, BOL Pharma
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Market Segmentation:
The global medical cannabis market is segmented into nine notable segments based on product, source, species, derivatives, application, route of administration, treatment type, end user, and distribution channel. The growth amongst these segments will help you analyze market growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
§Oil
§Dried Medical Cannabis
§Medical Cannabis Capsules
§Vape Pen
§Whole Flower
§Creams & Moisturizer
§Ground Flower
§Patch
§Masks & Serum
§Cleanser
§Others
On the basis of product, the market is segmented into oil, medical cannabis capsules, patch, whole flower, ground flower, vape pen, dried medical cannabis, creams & moisturizer, masks & serum, cleanser, and others.
Source
§Synthetic
§Natural
On the basis of source, the market is segmented into synthetic and natural.
Species
§Cannabis Indica
§Sativa
§Hybrid
On the basis of species, the market is segmented into cannabis indica, sativa, and hybrid.
Derivatives
·Cannabidiol (CBD)
·Tetrahydrocannabinol (THC)/ Delta-8-Tetrahydrocannabinol
·Cannabigerol (CBG)
·Cannabichromene (CBC)
·Cannabinol (CBN)
·Cannabicyclol (CBL)
·Others
On the basis of derivatives, the market is segmented into Cannabidiol (CBD), tetrahydrocannabinol (THC)/delta-8-tetrahydrocannabinol, Cannabinol (CBN), Cannabicyclol (CBL), Cannabichromene (CBC), Cannabigerol (CBG), and others.
Application
·Pain Management
·Anxiety
·Muscle Spasm
·Nausea
·Appetite Loss
·Eating Disorders
·Inflammatory Bowel Diseases
·Cancer
·Arthritis
·Wasting Syndrome (Cachexia)
·Alzheimer's Disease
·Epilepsy
·Depression and Sleep Disorder
·Multiple Sclerosis
·Autism
·Mental Health Conditions
·Elevate Mood
·Others
On the basis of application, the market is segmented into alzheimer’s disease, appetite loss, cancer, inflammatory bowel diseases, eating disorders, epilepsy, autism, mental health conditions, multiple sclerosis, pain management, nausea, muscle spasms, wasting syndrome (cachexia), elevate mood, multiple sclerosis, depression and sleep disorders, anxiety, and others.
Route of Administration
§Oral Solutions and Capsules
§Smoking
§Vaporizers
§Topicals
§Others
On the basis of route of administration, the market is segmented into oral solutions and capsules, smoking, vaporizers, topicals, and others.
Treatment Type
·Analgesic
·Psychedelic
·Antiviral
·Aphrodisiac
·Expectorant
·Others
On the basis of treatment type, the market is segmented into expectorant, antiviral, analgesic, aphrodisiac, psychedelic, and others.
End User
·Homecare Setting
·Hospital
·Rehab Centers
·Pharmaceutical Industry
·Research and Development Centers
·Others
On the basis of end user, the market is segmented into pharmaceutical industry, research and development centers, homecare settings, hospital, rehab centers, and others.
Distribution Channel
§B2B
§B2C
On the basis of distribution channel, the market is segmented into B2B and B2C.
Browse the Report Description:
https://www.databridgemarketresearch.com/reports/global-medical-cannabis-market
Strategic Points from Table of Content:
1.Introduction
-Objectives of the study
-Market definition
-Overview of global Medical Cannabis market
-Currency and pricing
-Limitations
-Markets covered
2.Market segmentation
-Markets covered
-Geographical scope
-Years considered for the study
-DBMR tripod data validation model
-Primary interviews with key opinion leaders
-DBMR market position grid
-Vendor share analysis
-Multivariate modeling
-Offering timeline curve
-Market application coverage grid
-Secondary sources
-Assumptions
3.Executive summary
4.Premium insights
-Use case analysis
-Porters five forces analysis
5.Market overview
-Drivers
-Restraint
-Opportunities
-Challenges
6.Impact of covid-19 on the global Medical Cannabis market
-Analysis on impact of covid-19 on the market
-Aftermath of covid-19
-Strategic decisions for manufacturers after covid-19 to gain competitive market share
-Impact on demand
-Conclusion
7.Global Medical Cannabis market, by segment
-Overview
8.Global Medical Cannabis market, company landscape
-Company share analysis: Global
-Company share analysis: North America
-Company share analysis: Europe
-Company share analysis: Asia pacific
9.Global Medical Cannabis market, by region
10.Swot analysis
11.Company profile
-Company 1, 2, 3...
12.Questionnaire
13.Related reports
Key Questions Answered with this Study
1) What makes Medical Cannabis Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Territory that may see steep rise in & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Medical Cannabis Market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Medical Cannabis in next few years?
8) What is the impact analysis of various factors in the Global Medical Cannabis Market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-centric Innovation is bringing big Change in Medical Cannabis Market?
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