March 30, 2020
market research

Medical Marijuana market is expected to reach US$ 57,582.5 Mn by 2026

The report includes forecast and analysis for the Medical Marijuana market on a global and regional level. The research gives important data of 2015, 2016 and 2017 along with a projection from 2018 to 2026 based on revenue. The study covers drivers and limitations of the Medical Marijuana market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Medical Marijuana market on a global level.

Leading Players:  AbbVie, Inc., CannaGrow Holdings, Inc., Canopy Growth Corporation, Inc., GW Pharmaceuticals, Plc. Insys Therapeutics, Inc., Novartis AG, Lexaria Corporation, Pfizer, Inc., Teva Pharmaceutical Industries Ltd., and United Cannabis Corporation.

Market Insight:

The global medical marijuana market was valued at US$ 13,908.7 Mn in 2017, and is expected to reach US$ 57,582.5 Mn by 2026, expanding at a CAGR of 17.1% from 2018 to 2026.

Cannabionoids are natural extracts derived from Cannabis sativa, Cannabis indica and Cannabis ruderalis. For centuries marijuana has been used extensively for recreational, medical and ritualistic purposes. It comprises of psychoactive drug component tetrahydrocannabinol which causes the stimulation of the cannabinoid receptor CB1 and CB2 respectively. The activation of these receptors results in pain relieving activity in patients suffering with chronic pain due to AIDS, cancer, neuropathic pain etc., In the last decade marijuana has been a keen research subject for researchers and academicians throughout the globe to understand its therapeutic benefits in treating anorexia and nausea. Positive steps have been taken by healthcare and law enforcing agencies to legalize the production and sale of marijuana for medicinal purpose. Tremendous focus is laid in drafting guidelines for the judicious use of marijuana in healthcare centers. Nowadays marijuana is available as weed infused gums, tampons, cannabinoid infused tea, bath salts, cannabinoid infused coffee and topical balms to get relief from pain.

Here you can get sample on this report:https://www.credenceresearch.com/sample-request/59334

The report aims to present a study of Global Medical Marijuana Market along with accurate segmentation of market by type, solution, application and five major geographical regions. Global Medical Marijuana market is supposed to witness a high increase during the forecast years due to expanding risk of data theft and firm government regulation.

The report also tracks the major market functions including product launches, technological advancements, mergers & benefits, and the innovative market tactics opted by key market players. Along with strategically examining the key micro markets, the paper also focuses on industry-specific drivers, restraints, possibilities and challenges in the Medical Marijuana market.

The objectives of this report are as follows:

-To present overview of the global Medical Marijuana market

-To examine and forecast the global Medical Marijuana market on the basis of types, explications, and applications
To present market size and forecast till 2026 for overall Medical Marijuana market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented over respective major countries

-To evaluate market dynamics effecting the market during the projection period i.e., drivers, barriers, opportunities, and coming trend

-To provide exhaustive PEST analysis for all five regions

-To profiles key Medical Marijuana players influencing the industry along with their SWOT analysis and market policies

Here you can get sample on this report:https://www.credenceresearch.com/sample-request/59334

Study methodology

The research methodology for Credence Research’s Medical Marijuana market report utilizes a key of top-down and bottom-up research arrangements. Our initial focus on continuous market tracking, accurate fact-checking, data-triangulation, and multiple layers of quality control assures high-quality data that can be leveraged for actionable study insights.

Business segmentation

This report examines the Medical Marijuana market by the following segments:

•    Medical Marijuana Market, by Application

•    Medical Marijuana Market, By Technology

•    Medical Marijuana Market, By Portability

•    Medical Marijuana Market, By Type of Systems

•    Medical Marijuana Market, By End Users

•    Medical Marijuana Market, By Price Segments

Geographic coverage and Report

This market research report covers the following geographic regions in great detail:

•    ASIA-PACIFIC

•    NORTH AMERICA

•    EUROPE

•    MIDDLE EAST & AFRICA

•    LATIN AMERICA

Access Sample Copy Of this report

ToC:

Here you can get an updated sample on this report: https://www.credenceresearch.com/sample-request/59334

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals. Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.  Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact Us:

Credence Research Inc.

105 N 1st ST #429

SAN JOSE

CA 95103

United States

Toll Free (US/CANADA): +1-800-361-8290

Web: https://www.credenceresearch.com

LinkedIn @ https://us.linkedin.com/company/credenceresearch

Leave a Reply

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