Medical Marijuana Market: Global Industry Size, Demand, Trends and 2025 Future Report
Posted on Dec 17 2019 10:53 AM
"Medical Marijuana Market Size was valued around USD 5 billion in 2018 and is expected to witness lucrative growth from 2019 to 2025."
Medical cannabis, also called as medical marijuana, is the natural, whole or extract of marijuana plant that can be used for curing illness or symptoms of a variety of conditions. Although, the U.S. FDA is yet to approve cannabis plant for medicinal purpose, methodical research and study of the plant’s compostion have led to FDA approval of two medications. These medications consist of THC (Tetrahydrocannabinol) and are used to treat chemotherapy-induced sickness. Thus increasing adoption coupled with rising approvals for medical marijuana in various countries will augment the growth of medical marijuana market over the forecast period. However, irregularity of medical marijuana testing regulations will hamper market growth. Furthermore, lack of related safety data will further restraint medical marijuana market growth.
Complete report on Medical Marijuana market spreads across 150 pages profiling 16 companies and supported with 198 tables and figures.
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Key Companies Analysis: - ABcann Medicinals, Inc., Aphria, Inc., Aurora Cannabis, Inc., Cannabis Sativa Inc., Canopy Growth Corporation, Emerald Health Therapeutics Inc., Green Relief Inc., GW Pharmaceuticals, Insys Therapeutics, Inc., Maricann Group, Inc., mCig, Inc., Medical Marijuana, Inc., The Cronos Group Inc., Tilray, United Cannabis, The Supreme Cannabis Company profiles overview.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Medical Marijuana market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The Global Medical Marijuana Market focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Medical Marijuana industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. With the tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Various route of administration of medical marijuana includes oral, inhalation, topical and others. Inhalation route of administration is estimated to account for largest share of the market in 2018. Increasing adoption rate is owing to elevated bioavailability in the range of 15-25%. Around 50% of the tetrahydrocannabinol (THC), one of the main ingredient of medical cannabis, can be provided to the lungs via inhalation. Other uses of inhalation include fast effects and fewer noxious emissions. Even if the accurate dose of administration differs between patients, the bioavailability of inhaled THC is significantly elevated compared to other routes.
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The study objectives are:
- To analyze and research the global Medical Marijuana status and future forecast,involving, production, revenue, consumption, historical and forecast.
- To present the key Medical Marijuana manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Major Points Covered in Table of Contents:
Charpter 1 – Medical Marijuana Market Overview
Charpter 2 – Global Medical Marijuana Competition by Players/Suppliers, Type and Application
Charpter 3 – United States Medical Marijuana (Volume, Value and Sales Price)
Charpter 4 – China Medical Marijuana (Volume, Value and Sales Price)
Charpter 5- Europe Medical Marijuana (Volume, Value and Sales Price)
Charpter 6 – Japan Medical Marijuana (Volume, Value and Sales Price)
Charpter 7 – Southeast Asia Medical Marijuana (Volume, Value and Sales Price)
Charpter 8 – India Medical Marijuana (Volume, Value and Sales Price)
Charpter 9 – Global Medical Marijuana Players/Suppliers Profiles and Sales Data
Charpter 10 – Medical Marijuana Maufacturing Cost Analysis
Charpter 11 – Industrial Chain, Sourcing Strategy and Downstream Buyers
Charpter 12 – Marketing Strategy Analysis, Distributors/Traders
Charpter 13 – Market Effect Factors Analysis
Charpter 14 – Global Medical Marijuana Market Forecast (2019-2025)
Charpter 15 – Research Findings and Conclusion
Charpter 16 – Appendix
List of Tables and Figures
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