New Trends of Medical Cannabis Market Report : Industry Size, Share, Segmentation

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Increasing adoption of medical cannabis for cancer patient pain management and by those experiencing muscle spasms are factors driving market revenue growth

Medical Cannabis Market Forecast to 2020

Emergen Research’s latest market research report focuses on the global Medical Cannabis market, and the report provides in-depth analysis of each of its major segments. Reports about the global Medical Cannabis market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Medical Cannabis industry projections and qualitative and quantitative assessments have been provided by the report's authors. The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Medical Cannabis market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East Africa. Aside from revenue growth drivers restraints, production consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.

In the latest report from Emergen Research, the market research report discusses the global Medical Cannabis market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production distribution costs, and product portfolios related to the global Medical Cannabis market. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors.

The global medical cannabis market size is expected to reach USD 24.52 Billion at a steady revenue CAGR of 11.5% in 2028, 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.

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Competitive Terrain:

The global Medical Cannabis industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, Maricann Group, Inc., Tilray, Cronos Group, Organigram Holdings, Inc., Vivo Cannabis, Tikun Olam, and Insys Therapeutics, Inc

Key Benefits For Stakeholders:

  • The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.
  • A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
  • Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization documentation systems used in minimally invasive surgeries.
  • A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
  • The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.

Market Segmentations of the Medical Cannabis Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Medical Cannabis market on the basis of product, application, and region:

Segments Covered in this report are:

  • 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

Regional Outlook of the Medical Cannabis Market

The global Medical Cannabis market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Medical Cannabis market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

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