Press "Enter" to skip to content

Medical Marijuana Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Medical

The “Medical Marijuana Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Medical Marijuana industry. The information available in the Medical Marijuana market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Medical Marijuana market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Medical Marijuana Market:

  • Canopy Growth
  • Lexaria Corp.
  • United Cannabis Corporation
  • Aurora Cannabis
  • Cannabis Sativa Inc.
  • Cara Therapeutics Inc.
  • GW Pharmaceuticals PLC
  • LivWell Enlightened Health LLC
  • Aphria Inc
  • Medical Marijuana Inc.
  • Lexaria Corporation
  • United Cannabis Corporation
  • Aurora Cannabis
  • Cannabis Sativa Inc.

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/13999590

    Market Overview:

  • The major factors for the growth of the medical marijuana market include the increasing number of countries legalizing the use of medical marijuana, trend of producing edible products with cannabis, and favorable reimbursement environment and government support in selected countries, which are expected to experience a boost over the forecast period.
  • Each year, the legal use of cannabis for medical and recreational purposes is steadily growing, but it varies across countries, based on the possession, distribution, cultivation, and medical indications for its consumption. Therefore, over the forecast period, the change is expected to be slow, but more legal consumption of cannabis is expected in the developed market, which is expected to largely drive the market studied.
  • Currently, there is also an increasing use of marijuana as a functional food, with purported health benefits far outnumbering what consumers can get from kale, turmeric, or kombucha. With the new generation growing up in the United States, where cannabis is legal, new products are found rapidly entering the market, which is expected to grow rapidly over the forecast period. The growth of the market is also attributed to factors, like the trends of producing edible products with cannabis in selected countries. Therefore marijuana is expected to be included in the 2018 food trends, as the drug and its ingredients have been gradually making their way into the public market.
  • Doctors also prescribe medical marijuana to treat muscle spasms caused by multiple sclerosis, nausea, poor appetite, and weight loss, caused by chronic illness, such as HIV, nerve pain, and Crohn’s disease. Thus, with the increasing applications, there is a huge opportunity for marijuana for medicinal purposes as well.

    Scope of the Report:

  • As per the , medical marijuana refers to the whole, unprocessed marijuana plant, or its basic extracts, for the treatment of several diseases and other related symptoms. Scientific studies show that chemical cannabinoids could help treat a range of diseases and symptoms, which has attracted several biopharmaceutical companies, globally, over the past two decades. The market is expected to witness significant growth, owing to legalization in several countries and high demand for both medical and recreational purposes.

    Reasons for Buying Medical Marijuana Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/13999590

    Key Market Trends:

    Chronic Pain is the Segment under Application that is Expected to Experience the Fastest Growth during the Forecast Period

    There are many studies that have shown that medical cannabis is found to be an effective method for the treatment of chronic pain, and that it is far safer than many other options. It is an affordable, natural alternative that lacks side effects and is traditionally used to treat chronic pain. There are also several ongoing researches on medical marijuana for the treatment of chronic pain, which is expected to directly impact the growth of the market.

    Marijuana is also being used for the treatment of arthritis, as it has the potential to reduce inflammation, as well reduce pain. There is also an increasing research on medical marijuana for the treatment of cancer and commercially available cannabinoids, which are approved drugs for chemotherapy, and which are likely to augment the growth of the market. Marijuana, being an effective treatment for neuropathic pain, is expected to further rise over the forecast timeframe.

    North America Accounted for the Largest Share in the Global Market

    North America holds the major share in the medical marijuana market, and is expected to show a similar trend over the forecast period, without significant fluctuations. The surging pace of cannabis legalization in the United States is one of the key factors contributing to its increased demand. There are also many marijuana programs in the United States that have accelerated, and most of the states have started to approach medical marijuana from the perspective of good public health.

    Medical Marijuana Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/13999590

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Medical Marijuana Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Number of Countries Legalizing the Use of Medical Marijuana
    4.2.2 Trend of Producing Edible Products with Cannabis
    4.2.3 Favorable Reimbursement Environment and Government Support in Certain Countries
    4.3 Market Restraints
    4.3.1 Lack of Awareness about the Dosage and Medicinal Properties of Marijuana
    4.3.2 Social Stigma Related to Cannabis Use
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Chronic Pain
    5.1.2 Arthritis
    5.1.3 Migraine
    5.1.4 Cancer
    5.1.5 Other Applications
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.1.3 Mexico
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 United Kingdom
    5.2.2.3 France
    5.2.2.4 Italy
    5.2.2.5 Spain
    5.2.2.6 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 Japan
    5.2.3.3 India
    5.2.3.4 Australia
    5.2.3.5 South Korea
    5.2.3.6 Rest of Asia-Pacific
    5.2.4 Middle East & Africa
    5.2.4.1 GCC
    5.2.4.2 South Africa
    5.2.4.3 Rest of Middle East & Africa
    5.2.5 South America
    5.2.5.1 Brazil
    5.2.5.2 Argentina
    5.2.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Canopy Growth
    6.1.2 Lexaria Corp.
    6.1.3 United Cannabis Corporation
    6.1.4 Aurora Cannabis
    6.1.5 Cannabis Sativa Inc.
    6.1.6 Cara Therapeutics Inc.
    6.1.7 GW Pharmaceuticals PLC
    6.1.8 LivWell Enlightened Health LLC
    6.1.9 Aphria Inc
    6.1.10 Medical Marijuana Inc.
    6.1.11 Lexaria Corporation
    6.1.12 United Cannabis Corporation
    6.1.13 Aurora Cannabis
    6.1.14 Cannabis Sativa Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Green Tea Extract Market Share, Size 2019 | Development Strategy, Size, Share, Future Demands, Sales-Revenue, Growth Factors, Industry Updates and Key Players Analysis till 2024

    Global Premium Clothing & Footwear Market 2019 Analysis By Industry Size, Share, Key Drivers, Growth Factors, Demands, Manufacturers and 2026 Forecast,

    Global Microcrystalline Cellulose Market Analysis and Forecast to 2025 by Recent Trends, Developments in Manufacturing Technology and Regional Growth Overview

    Global Ambulatory EHR Market 2019 Global Industry Size, Share, Revenue, Business Growth, Demand and Applications Market Research Report to 2024

  • Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *