Medical Cannabis Market 2019 Forecast Outlook by Pharmaceutical Companies, Medical Applications, Cannabinoids Product, Cannabis Revenue Growth & Regional Landscape

Medical Cannabis industry is still in its nascent stage & will develop significantly in the coming years. Increasing use of marijuana in therapeutic applications such as pain management in neurology, cancer, HIV/AIDS, seizures, & nausea will drive the medical cannabis market growth

Dallas, United States - August 14, 2019 /MarketersMedia/ —

The research report on ‘global medical cannabis market’ provides a detailed market analysis with market share and major players operating in the market. The report also covers the comprehensive outlook of technology, product specification, production analysis, and product type with the help of some key factors such as gross margin, cost, and revenue. The global medical cannabis market report offers in-depth study market segmentation depending on several regions. The report also contains the qualitative and quantitative analysis of market players.

Get Research Insights @ Global Medical Cannabis Market Research Report

Global medical cannabis market size is valued at US$ 7.26 billion from US$ 56.70 billion at a recorded CAGR of 29.3% over the forecast period. Increasing countries approving the utilization of cannabis, increasing edible products, and rising Research & Development activities are fueling the global medical cannabis market growth. In addition, rising growth of therapies with cannabis expected to drive the global medical cannabis market growth.

The global medical cannabis market segmentation is done with the help of indication and geographical regions. By indication, the global medical cannabis market is divided into neurological disease, pain management, and many others. However, the pain management segment is accounted for the highest global medical cannabis market share of 60%, and it is likely to dominate its growth over the forecast period. Many patients with lasting disorders need medical cannabis and it is anticipated to boost the global medical cannabis market growth during the prediction period. Likewise, medical cannabis shows positive results in number of chronic diseases such as Alzheimer’s, Parkinson’s, and Epilepsy.

Medical Cannabis Market Size by Indication (Pain Management, Neurological disorders, and others) by Region and Forecast 2016 to 2026 @ https://www.adroitmarketresearch.com/industry-reports/medical-cannabis-market

Based on regional landscape, the global medical cannabis market is sub-segmented into the North America, Asia Pacific, Europe, MEA, and Central & South America. In between these, the North America region dominated for the highest global medical cannabis market share over the forecast period. However, Canada and United States are major regions which authorized medical cannabis with maximum number of consumers. Increased awareness about medical usage and its benefits in chronic disease are projected to rise rapidly than the North American market.

North America dominates the global medical cannabis market by contributing over 90% of total revenue, of which majority comes from the U.S. Additionally, legalization in Canada is expected to grow at a faster CAGR compared to the U.S., on account of growth phase of Canadian market. The total number of patients using medical cannabis in Canada has increased in the past few quarters with corresponding increase in the number of licensed producers. This increase in number of medical cannabis users has led to a spike in revenues for companies. Such prevailing dynamics in the Canadian market is expected to attract investors in the coming years.

The global medical cannabis market is highly competitive owing to the large number of leading competitors playing in the market. These players are trying to stand their position in the global as well as local market. They use several strategies such as merger & acquisition, new product launches, and R&D activities. Some top players operating in this market are Maricann Group, Inc., Aphria, Inc., ABcann Medicinals, GW Pharmaceuticals, Organigram Holding, Inc., and Lexaria Corp.

Make an Enquire to Buy This Report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/864

Key Segments of the Global Medical Cannabis Market

Indication Overview, 2016-2026 (USD Billion)
• Pain Management
• Neurological Disease
• Others

Regional Overview, 2015-2025 (USD Million)
• North America
• U.S.
• Canada
• Europe
• Germany
• Spain
• Italy
• Asia Pacific
• Australia
• New Zealand
• Central & South America
• Mexico
• Uruguay
• Middle East & Africa

Buy the report @ https://www.adroitmarketresearch.com/researchreport/purchase/864

Major points from Table of Contents:

Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Medical cannabis Market Overview, By Indication
Chapter 5. Key Country Market
Chapter 6. Company Profiles

Grasp advance knowledge on Global Medical Cannabis Industry through in-depth Blogs, White Paper & Infographics:

Access the Blog: “Medical Cannabis Helpful For Insomnia Patients

Across North America sleep disorders are very common now. Actually, many of the approximations are suggesting one in four Canadians suffering from insomnia, making it a common disorder of sleep.

Access the White Paper “All You Need To Know About Medical Cannabis

Recent United States Cannabis Research and Policy & Law Cannabis has validated health benefits since past few years. However, less than 6% of current studies on marijuana investigate its medical properties, periodicals to date specify that cannabis shows promise for the treatment of several diseases and symptoms. Though, patients with cancer and chronic pain, for ex. have been blocked from such benefits since the mid-20th century when government regulations were sanctioned that banned the sales, use, and distribution of cannabis due to its psychoactive properties.

About Adroit Market Research:

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600 Dallas, TX 75204, U.S.A
Phone: +1 972-362 -8199
Website: https://www.adroitmarketresearch.com/industry-reports/medical-cannabis-market

Source URL: https://marketersmedia.com/medical-cannabis-market-2019-forecast-outlook-by-pharmaceutical-companies-medical-applications-cannabinoids-product-cannabis-revenue-growth-regional-landscape/88907320

Source: MarketersMedia

Release ID: 88907320

More News From Walk To The Place

Streep, Miranda and Stone are named as Met Gala co-0chairs

Dec 10, 2019

NEW YORK — Next year's Met Gala may be the closest we'll ever come to getting a Miranda Priestly moment at the starry event. Meryl Streep has been named as a co-chair of the Metropolitan Museum of Art's Costume Institute. The Oscar-winner played Priestly, a thinly veiled fictional version of Vogue editor Anna Wintour, in the movie "The Devil Wears Prada." Wintour clearly has no hard feelings because she selected Streep as a co-chair along with Lin-Manuel Miranda and fellow Oscar-winner Emma Stone. Designer Nicolas Ghesquiere rounds out the group. The gala's theme is "About Time: Fashion and Duration," which...

Congress approves bill expanding animal cruelty law

Dec 10, 2019

WASHINGTON — Congress has passed a bill making certain types of animal cruelty a federal felony. The bill would expand a 2010 law that made creation or distribution of so-called "animal crushing" videos illegal. The new bill would make the underlying acts of cruelty a federal crime. The Senate unanimously passed the Preventing Animal Cruelty and Torture Act on Tuesday, two weeks after the House passed it on a voice vote. Florida Reps. Ted Deutch and Vern Buchanan sponsored the bill. Deutch, a Democrat, said it "sends a clear message that our society does not accept cruelty against animals" and...

Demonstrators demand halt to killings of women in Mexico

Dec 10, 2019

MEXICO CITY — Relatives of women and girls murdered or missing in Mexico marched through the capital Sunday carrying over 100 purple crosses inscribed with the names of victims, demanding justice for their loved ones and improved efforts to investigate their cases. Bearing T-shirts and signs with photos of the victims, they walked behind banners and chanted the victims' names as they headed for the sprawling main square, the Zocalo, to set up an offering near a massive altar erected to mark Dia de Muertos, or Day of the Dead. "Not one more killed!" they cried. "Our daughters, where are...

Olivia Newton-John's final 'Grease' ensemble fetches $405K

Dec 10, 2019

BEVERLY HILLS, Calif. — Two collectors said you're the one that I want to Olivia Newton-John's iconic "Grease" leather jacket and skintight pants at an auction Saturday in Beverly Hills. Julien's Auctions says the combined ensemble, which Newton-John's character Sandy wears in the closing number of the 1978 film, fetched $405,700 total. The leather jacket sold for $243,200 and the pants, which Newton-John famously had to be sewn into, went for $162,500. Other "Grease" memorabilia included a Pink Ladies jacket that went for $50,000 and a poster signed by Newton-John, John Travolta, director Randal Kleiser and producer and songwriter John...

3-2-1-Cookoff! Astronauts to bake cookies with new test oven

Dec 10, 2019

CAPE CANAVERAL, Fla. — Forget reheated, freeze-dried space grub. Astronauts are about to get a new test oven for baking chocolate chip cookies from scratch. The next delivery to the International Space Station — scheduled for liftoff this weekend — includes the Zero G Oven. Chocolate chip cookie dough is already up there, waiting to pop into this small electric oven designed for zero gravity. Sample cookies baked just this week are also launching from Virginia on Northrop Grumman's Cygnus capsule, for the six station astronauts. The experiment explores the possibility of making freshly baked items for space travelers. With...

Sign up now!

About Us

Walk To The Place offers travel news of popular destinations for travelers with the urge to explore these places.

Contact us: sales[at]walktotheplace.com

Subscribe Now!