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Medical Marijuana Market is Expected to Register a Considerable Growth by 2026

The Medical Marijuana Market is estimated to grow from USD 21.1 billion in 2020 to USD 53.0 billion by 2026 at a healthy CAGR of 17% during the forecast period.<br><br>Read More : https://www.stratviewresearch.com/1640/medical-marijuana-market.html<br>

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Medical Marijuana Market is Expected to Register a Considerable Growth by 2026

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  1. Presents a Research Report on Medical Marijuana Market The report on the Global Medical Marijuana Market is segmented by Type (Buds, Oils, Tinctures), By Application (Chronic Pain, Mental Disorders, Cancer, Others), By End-User (Hospitals and Specialty Wound Care Clinics, Long Term Care Facilities, Home Healthcare), and Region. It also covers the COVID-19 Impact Analysis and Forecast to 2026. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

  2. Medical Marijuana Market Highlights& Drivers • The Medical Marijuana Market is estimated to grow from USD 21.1 billion in 2020 to USD 53.0 billion by 2026 at a healthy CAGR of 17% during the forecast period. • MarketDynamics • The global market growth is primarily driven by the increasing usage of medical marijuana in various medical applications including mental disorders, arthritis, chronic pain, and cancer among others. • The continuous investment in research and development activities to provide intervention for various diseases and symptoms is likely to boost the product demand at a significant rate. • The increase in several countries legalizing the use of marijuana for medical and recreational purposes is likely to create lucrative opportunities for the market players.

  3. Market Segmentation • Segment Analysis • Application Trends • Based on application, the market has been divided into chronic pain, mental disorders, cancer, and others. • The chronic pain segment accounted for the largest share in 2020 on account of increasing number of clinical trials using marijuana to treat chronic pain. • The cancer segment is projected to grow at the fastest CAGR during the review period. • Regional Trends • The market in North America accounted for the largest market share of around 45% in 2020 due to presence of key market players such as Medical Marijuana, Inc. (US), Canopy Growth Corporation (Canada) and Aurora Cannabis Inc. (Canada). • Additionally, an increasing number of states legalizing the use of marijuana for medical purposes in the US is likely to play a significant role in the regional market growth.  The market in the Asia-Pacific region is projected to register a healthy growth rate on account of rising awareness regarding product benefits, particularly in China and India.

  4. Competitive Insights • Key Players • Tilray (The U.S), • Canopy Growth Corporation (Canada), • Aurora Cannabis Inc. (Canada), • Maricann Group Inc. (Canada), • Aphria Inc. (Canada), • Tikun Olam (Israel), • GW Pharmaceuticals (UK), • Cannabis Sativa (The U.S), • Medical Marijuana, Inc. (The U.S), and • MedReleaf Corp. (The U.S).

  5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

  6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

  7. About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Rich Industry Experience Robust Methodology Effective Business Decisions

  8. Contact Us for More Information and Sample Pages Ask for Sample Pages here: https://www.stratviewresearch.com/Request-Sample/1640/medical-marijuana-market.html#form Email us at: sales@stratviewrsearch.com Call Us: +1-313-307-4176

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