Medical Cannabis Market Size: Revenue and Trends Analysis by Regions, Industry Share, Comprehensive Growth Research 2021 and Forecast to 2028

An outstanding Medical Cannabis Market report explains market segmentation in the most-detailed pattern as well as conducts thorough analysis of patents and major market players to present a competitive landscape. To serve the clients with the best market report in the industry, an expert team of skilled analysts, dynamic forecasters, and knowledgeable researchers work carefully while preparing this report. Getting well-versed with the most relevant product and market information helps businesses accomplish sustainable growth in the market. To overcome the business challenges and drive the business faster in the Medical Cannabis industry, Medical Cannabis Market research report is an ideal key.

The widespread Medical Cannabis report makes to focus on the more important aspects of the market like what the market recent trends are. It provides guidelines about planning of advertising and sales promotion efforts. The market study provides details of drivers and restraints for the Medical Cannabis Market with the help of SWOT analysis, along with the impact they have on the demand over the forecast period. Additionally, Medical Cannabis Market analysis report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programmes or media, selling methods and the best way of distributing the goods to the eventual consumers.

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The Medical Cannabis Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 25.16% in the forecast period of 2021 to 2028 is expected to reach USD 67,354.01 million by 2028. Increased medical use and legalization of cannabis is acting as a driver for the medical cannabis market.

This report focuses on Medical Cannabis Market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Medical Cannabis market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc. The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Medical cannabis market is growing due to increased usage of cannabis seeds in cosmetic products. However, complex regulatory structure for usage of cannabis acts as a restraint for its growth in the market.

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.

Global Medical Cannabis Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2010 to 2021. Medical Cannabis Market report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers.

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)

Top Listed Manufacturers for Global Medical Cannabis Market are:

  • 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 Scope of this report:

The report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The report focuses on major leading Medical Cannabis industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. Medical Cannabis industry development trends and marketing channels are analysed.

Medical Cannabis Market report provides brief analysis of existing competitors which can impact the industry outlook during the forecast period. Furthermore, the report also offers an in-depth assessment of the Medical Cannabis market by highlighting data on several aspects that may include major market trends, opportunities, market drivers, as well as threats. Medical Cannabis Market Research report presents an in-depth analysis of the Medical Cannabis market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap, and 2027 forecast.

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Global Medical Cannabis Market Scope and Market Size

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.

Medical Cannabis Market offers detailed research and analysis of key aspects of the Medical Cannabis market. Readers will be able to gain deeper understanding of the competitive landscape and its future scenarios, crucial dynamics, and leading segments of the global Medical Cannabis market. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels. Upstream raw materials and instrumentation and downstream demand analysis are additionally dispensed. The Global Medical Cannabis market development trends and marketing channels are analysed.

Global Medical Cannabis Market: Regional Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Regions Covered in Medical Cannabis Market Report:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

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Study objectives of Medical Cannabis Market Report:

  • To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the global Medical Cannabis market
  • To provide insights into factors influencing and affecting Medical Cannabis market growth
  • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
  • To provide economic factors, technology trends, and market trends that influence the global Medical Cannabis market
  • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
  • To provide strategic profiling of key players in the market, comprehensively analysing their market shares, core competencies, and drawing a competitive landscape for the market

Key Reasons to Purchase:

  • To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.
  • Assess the production processes, major issues, and solutions to mitigate the development risk.
  • To understand the most affecting driving and restraining forces in the Medical Cannabis market and its impact in the global market.
  • Learn about the market strategies that are being adopted by leading respective organizations.
  • To understand the outlook and prospects for the market.

Some extract from Table of Contents

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL MEDICAL CANNABIS MARKET

1.4 LIMITATIONS

1.5 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 MULTIVARIATE MODELLING

2.7 PRODUCT LIFELINE CURVE

2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.9 DBMR MARKET POSITION GRID

2.1 MARKET APPLICATION COVERAGE GRID

2.11 VENDOR SHARE ANALYSIS

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 GLOBAL MEDICAL CANNABIS MARKET: REGULATIONS

5.1 UNITED STATES

5.2 CANADA

5.3 AUSTRALIA

5.4 THAILAND

6 GLOBAL MEDICAL CANNABIS MARKET: SUPPLY CHAIN ANALYSIS

6.1 CULTIVATORS AND GROWERS

6.2 MANUFACTURER AND PRODUCER

6.3 TESTERS

6.4 WHOLESALE AND DISTRIBUTORS

6.5 RETAILERS

7 MARKET OVERVIEW

7.1 DRIVERS

7.1.1 INCREASED MEDICINAL USE

7.1.2 LEGALIZATION OF CANNABIS

7.1.3 INITIATIVES TAKEN BY MANUFACTURERS

7.1.4 INCREASED USAGE OF CANNABIS SEEDS IN COSMETIC PRODUCTS

7.1.5 FUNCTIONAL PROPERTIES OF CANNABIS AND THEIR INCREASED USE IN DIFFERENT INDUSTRIES

7.2 RESTRAINTS

7.2.1 COMPLEX REGULATORY STRUCTURE FOR USAGE OF CANNABIS

7.2.2 LONG TERM USE CAN CAUSE ADVERSE EFFECTS

7.2.3 HIGH COST

7.3 OPPORTUNITIES

7.3.1 NOVEL PRODUCT DEVELOPMENT WITH INCREASING R & D ACTIVITIES

7.3.2 INCREASED ADOPTION OF CANNABIS FOR RECREATIONAL PURPOSE

7.3.3 GROWING GERIATRIC POPULATION

7.3.4 INCREASING PREVALENCE OF CHRONIC DISEASES

7.4 CHALLENGES

7.4.1 RISE OF MARIJUANA BLACK MARKET

7.4.2 SIDE EFFECTS RELATED TO THE USE OF CANNABIS

7.4.3 SHORTAGE OF PERSONNEL

8 IMPACT OF COVID-19 ON GLOBAL MEDICAL CANNABIS MARKET

8.1 IMPACT ON PRICE

8.2 IMPACT ON DEMAND

8.3 IMPACT ON SUPPLY

8.4 KEY INITIATIVES BY MARKET PLAYER DURING COVID 19

8.5 CONCLUSION:

9 GLOBAL MEDICAL CANNABIS MARKET, BY PRODUCT

9.1 OVERVIEW

9.2 OIL

9.2.1 BY TYPE

9.2.1.1 CBD Oil Concentrates

9.2.1.2 CBD Vape Oil

9.2.1.3 CBD Tinctures

9.2.2 BY SOURCE

9.2.2.1 Marijuana Based

9.2.2.2 Hemp Based

9.2.3 BY SPECIES

9.2.3.1 Sativa

9.2.3.2 Hybrid

9.2.3.3 Cannabis Indica

9.3 DRIED MEDICAL CANNABIS

9.3.1 CANNABIS INDICA

9.3.2 SATIVA

9.3.3 HYBRID

9.4 MEDICAL CANNABIS CAPSULES

9.4.1 BY TYPE

9.4.1.1 Oil Based Cannabis Capsules

9.4.1.2 Power Based Cannabis Capsules

9.4.1.3 Others

9.4.2 BY CONCENTRATES

9.4.2.1 High CBD Capsules Digital

9.4.2.2 High THC Capsule

9.4.2.3 THC/CBD balanced capsule

9.4.2.4 CBD Isolate Capsule

9.4.2.5 By Species

9.4.2.6 Sativa

9.4.2.7 Hybrid

9.4.2.8 Cannabis Indica

9.5 VAPE PEN

9.5.1 CANNABIS INDICA

9.5.2 SATIVA

9.5.3 HYBRID

9.6 WHOLE FLOWER

9.6.1 SATIVA

9.6.2 HYBRID

9.6.3 CANNABIS INDICA

9.7 CREAMS & MOISTURIZER

9.8 GROUND FLOWER

9.8.1 SATIVA

9.8.2 CANNABIS INDICA

9.8.3 HYBRID

9.9 PATCH

9.1 MASK & SERUM

9.11 CLEANSER

9.12 OTHERS

10 GLOBAL MEDICAL CANNABIS MARKET, BY APPLICATION

10.1 OVERVIEW

10.2 PAIN MANAGEMENT

10.2.1 OIL

10.2.2 MEDICAL CANNABIS AND CAPSULES

10.2.3 DRIED MEDICAL CANNABIS

10.2.4 PATCH

10.2.5 GROUND FLOWER

10.2.6 CREAMS & MOISTURIZER

10.2.7 VAPE PEN

10.2.8 WHOLE FLOWER

10.2.9 MASKS & SERUM

10.2.10 CLEANSER

10.2.11 OTHERS

10.3 ANXIETY

10.3.1 OIL

10.3.2 DRIED MEDICAL CANNABIS

10.3.3 MEDICAL CANNABIS AND CAPSULES

10.3.4 GROUND FLOWER

10.3.5 VAPE PEN

10.3.6 WHOLE FLOWER

10.3.7 OTHERS

10.4 MUSCLE SPASMS

10.4.1 OIL

10.4.2 MEDICAL CANNABIS AND CAPSULES

10.4.3 DRIED MEDICAL CANNABIS

10.4.4 PATCH

10.4.5 CREAMS & MOISTURIZER

10.4.6 GROUND FLOWER

10.4.7 VAPE PEN

10.4.8 WHOLE FLOWER

10.4.9 MASKS & SERUM

10.4.10 CLEANSER

10.4.11 OTHERS

10.5 NAUSEA

10.5.1 OIL

10.5.2 MEDICAL CANNABIS AND CAPSULES

10.5.3 DRIED MEDICAL CANNABIS

10.5.4 GROUND FLOWER

10.5.5 CREAMS & MOISTURIZER

10.5.6 PATCH

10.5.7 VAPE PEN

10.5.8 WHOLE FLOWER

10.5.9 MASKS & SERUM

10.5.10 CLEANSER

10.5.11 OTHERS

10.6 APPETITE LOSS

10.6.1 OIL

10.6.2 MEDICAL CANNABIS AND CAPSULES

10.6.3 DRIED MEDICAL CANNABIS

10.6.4 GROUND FLOWER

10.6.5 WHOLE FLOWER

10.6.6 VAPE PEN

10.6.7 PATCH

10.6.8 OTHERS

10.7 CANCER

10.7.1 OIL

10.7.2 MEDICAL CANNABIS AND CAPSULES

10.7.3 DRIED MEDICAL CANNABIS

10.7.4 PATCH

10.7.5 GROUND FLOWER

10.7.6 VAPE PEN

10.7.7 WHOLE FLOWER

10.7.8 OTHERS

10.8 ARTHRITIS

10.8.1 OIL

10.8.2 MEDICAL CANNABIS AND CAPSULES

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