Global Medical Cannabis Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2031
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This report was compiled by Trishita Deb Trishita Deb is an experienced market research and consulting professional with over 7 years of expertise across healthcare, consumer goods, and materials, contributing to over 400 healthcare-related reports. Correspondence Team Lead- Healthcare Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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What Our Global Medical Cannabis Market Report Offers?
Global Medical Cannabis Market is the title of an upcoming report offered by MarketResearch.Biz. The Medical Cannabis market report extensively covers market segmentation by derivative, by application, by route of administration, by distribution channel, and by geography (APAC, North America, Europe, South America, and MEA) and potential Medical Cannabis market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post-COVID-19 impact on the Medical Cannabis market from this report.
“The global Medical Cannabis market size is expected to be worth around US$ 178.9Bn by 2031 from US$ 16.4Bn in 2021, growing at a CAGR of 26.99% during the forecast period 2021 to 2031.”
It is complete with important statistics and other industry-relevant particulars, including factors expected to influence Medical Cannabis market progress, drivers, restraints, opportunities, trends, sales reviews, landmark developments (existing and anticipated), SWOT analysis, as well as information on other potential revenue generation prospects in un explored areas of operation. The data collated by our analysts from both primary and secondary sources, are validated by data management solutions, and more importantly industry experts, to ensure genuine authenticity. The global Medical Cannabis market report will encompass imminent threats or challenges from existing industry contenders, as well as potential new market entrants. Additionally, this dossier will also explore existing as well as foreseeable impacts of the on-going COVID-19 pandemic.
Impacts of the COVID-19 Pandemic:
Most industries across the world have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Medical Cannabis market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Medical Cannabis market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Medical Cannabis market is expected to recover accordingly.
Who are the Major Medical Cannabis Market's Key Players?
Key industry players profiled in this global Medical Cannabis market include: Canopy Growth Corporation, United Cannabis, Aurora Cannabis, Cannabis Sativa, Inc., Emerald Health Therapeutics, GW Pharmaceuticals plc, Tilray, Medical Marijuana, Inc., The Supreme Cannabis Company, Inc., The Cronos Group
Segmentation of the Global Medical Cannabis Market:
Derivative
- Cannabidiol (CBD)
- Tetrahydrocannabinol (THC)
- Others
Application
- Mental Health Management
- Anxiety
- Depression
- Others
- Neurological Disorders Management
- Epilepsy
- Alzheimer’s Disease
- Parkinson’s Disease
- Others
- Pain Management
- Neuropathic Pain
- Cancer Pain
- Others
Route of Administration
- Nasal
- Oral
- Others
Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Region
- North America
- Europe
- Latin America
- Rest of the World
What are the Key Factors Covered in this Medical Cannabis Market Report?
- CAGR of the Medical Cannabis market during the forecast period 2021-2031.
- Precise estimation of the Medical Cannabis market size and its contribution to the parent market.
- Detailed information on factors that will drive Medical Cannabis market growth during the next ten years.
- Accurate predictions on upcoming trends and changes in consumer behaviour.
- The growth of the Medical Cannabis market across APAC, North America, Europe, South America, and MEA.
- A thorough analysis of the Medical Cannabis market’s competitive landscape and detailed information on key Players.
- Comprehensive details of factors that will challenge the growth of Medical Cannabis market vendors.
- Medical Cannabis Market’s Opportunity Orbits
- Market Investment Feasibility Index
- PEST Analysis
- PORTER’S Five Force Analysis
- Drivers & Restraints Impact Analysis
- Marketing Strategy
- Product Life Cycle Analysis
- Value Chain Analysis
- Cost Structure Analysis
- Macro-economic Factors
[table_custom cagr=5.99% market_size=16.4Bn USD projection=178.9Bn USD]
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- Canopy Growth Corporation
- United Cannabis
- Aurora Cannabis
- Cannabis Sativa, Inc.
- Emerald Health Therapeutics
- GW Pharmaceuticals plc
- Tilray
- Medical Marijuana, Inc.
- The Supreme Cannabis Company, Inc.
- The Cronos Group
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