Medicinal cannabis are also known as Medical marijuana, which area used either to treat disease or to improve their symptoms. The two cannabinoids – delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used in treatment of certain disease or health conditions such as pain, blood pressure, memory, concentration, appetite, sensory stimulus, muscular problems, and seizures.
The various economies are involved in the activities to legalize the export of medicinal cannabis product, which in turn is expected to fuel growth of the medical cannabis market.
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The global Medical Cannabis market is valued at 3520 million US$ in 2018 and will reach 20200 million US$ by the end of 2025, growing at a CAGR of 24.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Medical Cannabis market based on company, product type, end user and key regions.
This report studies the global market size of Medical Cannabis in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Medical Cannabis in these regions.
This research report categorizes the global Medical Cannabis market by top players/brands, region, type and end user. This report also studies the global Medical Cannabis market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Aurora Cannabis, Inc
Canopy Growth Corporation
Insys Therapeutics, Inc
MGC Pharmaceuticals Limited
GW Pharmaceuticals, plc
Medical Marijuana Inc
Market size by Product
Market size by End User
Neurological Disease (Epilepsy, Multiple Sclerosis and Other Neurological Applications)
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Medical Cannabis market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Medical Cannabis market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Medical Cannabis companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Medical Cannabis submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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In this study, the years considered to estimate the market size of Medical Cannabis are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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This post was originally published on Raleigh Recorder