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Medical Marijuana Market Size, Share, Global Analysis With Fervent Players, Product Type, Application, Distribution Channel And Region – Forecast Till 2023

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Medical Marijuana Market Size, Share, Global Analysis With Fervent Players, Product Type, Application, Distribution Channel And Region – Forecast Till 2023

September 02
16:09 2019
Medical Marijuana Market Size, Share, Global Analysis With Fervent Players, Product Type, Application, Distribution Channel And Region - Forecast Till 2023

Medical Marijuana Market
Market Research Future (MRFR) Conducted an Elaborate Study on the Global Medical Marijuana Market that predicts the Growth of the market with Top Players during the forecast period of 2019-2023. Covered All the Segments and Sub Segments, Along With Top Industry Players and Geological Region.

Medical Marijuana Market Global Players:

  • Canopy Growth
  • Aurora Cannabis
  • Cannabis Sativa
  • GW Pharmaceuticals plc
  • United Cannabis
  • MGC Pharma
  • Aphria and more.

Segmentation:

The Global Medical Marijuana Market has been segmented on the basis of application, route of administration and distribution channel.

On the basis of application, the market has been classified as Alzheimer’s disease, cancer, mental health conditions, multiple sclerosis, muscle spasms, glaucoma, and human immunodeficiency virus, acquired immunodeficiency syndrome (HIV/AIDS). Mental health conditions are differentiated into schizophrenia and posttraumatic stress disorder (PTSD).

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The route of administration segment has been further divided into oral, topical, inhalation and sublingual. The topical segment has been classified into ointments, lotions, creams, gels, and poultice.

The market, by distribution channel, has been segmented into dispensaries and online platforms.

Medical Marijuana Market Overview:

The Global Medical Marijuana Market can expect a CAGR of 35.4% during the forecast period (2018-2023), reveals Market Research Future (MRFR) in an extensive study that includes market factors such as the detailed study of government initiatives, its increasing use in therapeutic applications. Rising cases of chronic diseases, and hike in investment by both private and government facilities regarding research. Furthermore, the report incorporates segmental analysis for a better understanding of the medical marijuana market in coming years.  

Medical marijuana market is witnessing unprecedented growth due to its rapid proliferation in the healthcare sector. Its chemical component, known as cannabinoids, has medicinal properties which are gaining traction in pharmaceutical researches.

Regional Analysis:

Geographic analysis of medical marijuana market can be segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas is running in the forefront with various improvisation and researches getting implemented in the healthcare sector. Canada and the U.S. are substantially contributing in the growth of the North American regional medical marijuana market, and the medicines are getting approved by FDA which is a positive sign for the future market. The APAC can also register considerable growth as the region is making significant progress in cancer research with marijuana. The European market is the second largest market with eased out government policies and increasing support from various sectors.

On the flip side, stringent government policies can pull back the regular growth of the medical marijuana market. Its increasing recreational use may dampen its market prospect and jeopardize further growth.

Access Full Report with TOC at https://www.marketresearchfuture.com/reports/medical-marijuana-market-6470

About 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.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/medical-marijuana-market-6470

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