Medical Cannabis Market Emergen Trend, Size, Share, Scope & Forecast To 2028
The Global Medical Cannabis Market research report is a detailed document outlining the recent advancements and developments in the Medical Cannabis business sphere considering 2020 as the base year and 2021-2028 as the forecast timeline. According to latest analysis by Emergen Research. Increase in medical cannabis products and the rise in research activities are driving the market revenue growth. Moreover, legalization of the product in several countries is also propelling growth of the market.
It
is used to treat nausea and combat negative side-effects, especially among
patients undergoing chemotherapy, making the whole procedure more tolerable.
The product is used with other opioid painkillers, which permits patients to
reduce the dosage and frequency of opioids, relieving pain. Legalization of
marijuana throughout the country could create up to 1 million jobs by 2025 in
the U.S. Workers are needed to farm, process, distribute and sell marijuana and
its related products.
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Research
and development activities, clinical trials, and commercialization of the
product will also foster market growth. Medical cannabis growth is deterred by
certain side-effect incurred by the patients, such as fatigue, dizziness,
constipation, and a problem in speech. Moreover, the problem of undertaking
medical cannabis and a lack of data safety will hinder the growth for medical
cannabis.
It
also sheds light on the collaborations in the competitive landscape, such as
mergers and acquisitions, joint ventures, collaborations, product launches,
brand promotions, corporate and government deals, licensing agreements, and
others.
Key companies profiled in the report include: Canopy Growth
Corporation, Aphria, Inc., Aurora Cannabis, Maricann Group, Inc., Tilray,
Cronos Group, Organigram Holdings, Inc., Vivo Cannabis, Tikun Olam, and Insys
Therapeutics, Inc.
The
report further covers comprehensive SWOT analysis and Porter’s Five Forces
analysis to offer a complete understanding of the competitive landscape and
scenario of each market player. The report also provides an in-depth analysis
of the applications and product types offered in the market.
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Emergen
Research has segmented the global Medical Cannabis market on the basis of
product type, application, and route of administration, distribution channel,
and region:
Product
Type Outlook (Revenue, USD Billion; 2018-2028)
- Oil
- Buds
- Tinctures
Application
Outlook (Revenue, USD Billion; 2018-2028)
- Chronic Pain
- Mental
Disorders
- Anorexia
- Seizures
- Muscle Spasm
- Cancer
- Others
Route
of Administration Outlook (Revenue, USD Billion; 2018-2028)
- Oral
- Intravenous
- Inhalation
- Topical
Distribution
Channel Outlook (Revenue, USD Billion; 2018-2028)
- Dispensaries
- Online
Regional Analysis:
Regional
analysis includes an in-depth study of the key geographical regions to gain a
better understanding of the market and provide an accurate analysis. The
regional analysis covers North America,
Latin America, Europe, Asia Pacific, and Middle East & Africa. The
regional analysis covers the analysis of key market segments, including
revenue, CAGR, import/export, supply and demand ratio, production and
consumption ratio, industrial chain analysis, and market dynamics in each
region of the geographies.
To C of the report:
Chapter
1: Market overview and scope
Chapter
2: Market outlook
Chapter
3: Impact analysis of COVID-19 pandemic
Chapter
4: Competitive Landscape
Chapter
5: Drivers, Constraints, Opportunities, Limitations
Chapter
6: Key manufacturers of the industry
Chapter
7: Regional analysis
Chapter
8: Market segmentation based on type & applications
Chapter
9: Current and Future Trends
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you for reading our report. Please get in touch with us for further queries
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