Medical Cannabis Market by Forms (Edible, Oils) Consumption (Solid, Liquid, Inhalation, Topicals, Vaporizer, Dermal Patches) Extraction (Delta -9- Tetrahydrocannabinol, Cannabidiol) Disease (Chronic Pain, Arthritis, Migraine, Cancer) Global Forecast To 2023, Global Medical Cannabis Industry is estimated to grow USD 50 billion by 2023 at a CAGR of 17.1%. The major factors driving this market are demanding of the medical industry for the treatment of various ailments and are available in the forms such as edibles, oils and dermal patches, which became the best alternative to the conventional vaporization method.
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The Global Medical Cannabis Industry is estimated to grow USD 50 billion by 2023 at a CAGR of 17.1%. The cannabis contains cannabinoids compounds such as Tetrahydrocannabinol (THC) and cannabidiol (CBD). The Medical Cannabis Market is segmented on basis forms, consumption, extraction, and disease. The increasing demands for the medical cannabis from the medical industry for the treatment of various ailments boost the development of the global medical cannabis market.
The availability of the medical cannabis in the various product forms such as edibles, oils and dermal patches, which became the best alternative to the conventional vaporization method, which drives the demand for the medical cannabis.
Complete report on Medical Cannabis Market spread across 124 pages, profiling 10 companies and supported with tables and figures. Inquire for more at https://www.orianresearch.com/enquiry-before-buying/396884
Several investors, retailers, and vendors are coming into strong partnerships with manufacturers and producers to furnish a continuous supply of the product in compliance with the government rules to avoid legal implications. Stringent rules and regulations from region to region for the use cannabis as a medical treatment may also restraint the development of the global medical cannabis market.
Based on the geographical presence, the global medical cannabis industry is segmented North America, Europe, and Asia Pacific. Currently, North America is expected to see the largest market share for medical cannabis; followed by Europe is estimated to capture second largest market share in the medical cannabis market. Increasing investment in R&D & demand for cannabis in chemotherapy is expected to drive the growth in the Asia Pacific market.
Some Major Market Players in the medical cannabis market globally include Medical Cannabis, Abattis Bioceuticals, Cresco Labs, LLC, ABcann Medicinals Inc, Aurora Cannabis, Broken Coast Cannabis Ltd., Emerald Health Botanicals Inc., RedeCan Pharm and Whistler Medical Cannabis Corp.
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Key Benefit for This Report:
*This report provides current market trends and future growth expectations.
*This report examines the market size and changing competitive dynamics
*It covers information regarding key drivers, challenges or restraining market growth
*It provides a five-year forecast assessed on the basis market value chain, Porter’s five forces, and supply chain management.
*Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved.
*This report incorporates data regarding companies and business decision by having complete insights on the markets and by creating in depth analysis of market segments.
*Commercial research & development (R&D) institutions and financial institutions
Table of Content
1 Executive Summary
2 Demographic Overview
3 Research Methodology
4 Premium Insights
5 Market Overview
6 Market Factor Analysis
7 Global Medical Cannabis Market By Application
8 Global Medical Cannabis Market By Type
9 Global Medical Cannabis Market By Soy Additives
10 Global Medical Cannabis Market By Application
11 Global Market Medical Cannabis Market Analysis By Region
12 Market Trends & competitive Analysis
13 Company Profiles
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