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Medical cannabis market 2020: Booming Trends, Future Plans

Global Medical Cannabis Market is expected to cross USD 52.35 Billion by 2025 at a CAGR of 15.4% during the forecast period

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Medical cannabis market 2020: Booming Trends, Future Plans

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  1. Medical Cannabis Market 2020-2025 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Medical Cannabis Market 2020-2025 Medical Cannabis Market Highlights According to MRFR analysis, the global medical cannabis market is expected to register a CAGR of ~15.4% during the forecast period of 2019 to 2025 and was valued at USD 13.6 million in 2018. Marijuana is a plant containing a chemical compound known as cannabis that has curative properties. This plant is used as a raw material by various pharmaceutical companies to manufacture drugs for various therapeutic applications. The legal use of cannabis for medical and purposes is increasing, but it varies across countries, based on the distribution, possession, cultivation, and medical indications for its consumption. The growth of global medical cannabis market is driven by various factors such as an increase in consumption of cannabis, rising prevalence of chronic diseases and other medical conditions, increasing legalization of medical marijuana in multiple countries, rise in research & development of cannabinoid. However, increasing illegal use of marijuana is expected to curb the growth of the global medical cannabis market. Several market players currently dominate the global medical cannabis market. The key players are involved in product launches and strategic collaborations to strengthen their market positions. www.marketresearchfuture.com

  3. Medical Cannabis Market 2020-2025 Medical Cannabis Market Regional Analysis The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of medical cannabis and rising per capita healthcare expenditure. The medical cannabis market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European medical cannabis market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The medical cannabis market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Browse Complete Report with TOC @  https://www.marketresearchfuture.com/reports/medical-cannabis-market-8368 www.marketresearchfuture.com

  4. Medical Cannabis Market 2020-2025 Medical Cannabis Market Segmentation The global medical cannabis market has been segmented based on product form, derivative, application, and end user. Based on product form, has been divided into powders, solids, ointments and creams, oil, and others. The powders segment is likely to be the fastest during the review period as the powder is easily dissolved into any liquid; this significantly expands the possibilities for how patients take their medical marijuana products. Thus, the easy consumption of powder form of products will substantially drive the growth of the market. On the basis of derivative, into cannabidiol (CBD) and tetrahydrocannabinol (THC). The cannabidiol (CBD) segment is expected to hold the majority share of the market as it is mostly used to treat pain and various other medical conditions. Based on application into arthritis, cancer, Alzheimer’s disease, schizophrenia, and others. Alzheimer’s disease is expected to hold the largest market share as around 5.7 million Americans of all ages were living with Alzheimer’s and dementia in 2018. Avail Free Sample @ https://www.marketresearchfuture.com/sample_request/8368 www.marketresearchfuture.com

  5. Medical Cannabis Market 2020-2025 Medical Cannabis Market Key Players Some of the key players in the global medical cannabis market are  Canopy Growth Corporation (Canada) Aphria, Inc. (Canada) Maricann Inc. (Canada) Tilray (Canada) GW Pharmaceuticals PLC (UK) Medical Marijuana, Inc. (US) Cannabis Sativa Inc. (US) Aurora Cannabis (Canada) CanniMed Ltd (Canada) MediPharm Labs (Canada) www.marketresearchfuture.com

  6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  7. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

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