Global Medical Marijuana Market Expanding at 55.6% CAGR During 2016-2024

New York, USA, 2018-Dec-05 — /EPR Network/ —  According to Goldstein Research, Medical Marijuana Market is anticipated to reach a market size of USD 35.67 billion by 2024, growing at 55.6% CAGR over the forecast period 2016-2024. Increasing use of marijuana in healthcare sector for the treatment of chronic pain, cancer, epilepsy and other life-threatening diseases. Although marijuana has not been legalized in most parts of the world, in recent past, many countries have made use of marijuana legal for medical purposes and various countries are considering it to legalize in near future. Medical marijuana market is expanding on the back of growing Opioids Market.

With the growth in use of medical marijuana for cancer treatment coupled with more number of countries making it legal, it is anticipated that the market share of Chemotherapy Market will decline by the end of forecast period. Thus Biopharmaceuticals & Biomedicine market size tends to increase with the growth in medical marijuana market.

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https://www.goldsteinresearch.com/report/global-medical-marijuana-industry-market-analysis

Market Segmentation

Based on our in-depth analysis of Global Medical Marijuana Market, itcan be segmented as follows:

By Type

  • Indica
  • Sativa
  • Hybrid
  • Others (Ruderalis, Industrial hemp, etc.)

By Form

  • Liquid Extract
  • Dry Extract

By Application

  • Cancer Treatment
  • Depression Treatment
  • Migraine Treatment
  • Chronic Pain Treatment
  • Epilepsy Treatment
  • Others (Muscle spasm, arthritis, etc)

By Region

  • North America Medical Marijuana Market Analysis, 2016-2024
  • Europe Medical Marijuana Market Analysis, 2016-2024
  • Middle East And Africa Medical Marijuana Market Analysis, 2016-2024
  • Latin America Medical Marijuana Market Analysis, 2016-2024
  • Asia Pacific Medical Marijuana Market Analysis, 2016-2024

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https://www.goldsteinresearch.com/request-sample/global-medical-marijuana-industry-market-analysis 

“Global Medical Marijuana Market Outlook 2024” includes comprehensive overview of the global medical marijuana market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type, form, application and geography.

Key players mentioned in the report are:ara Therapeutics Inc., CannaGrow Holdings, Inc., Cannabis Sativa, Inc., United Cannabis Corporation, GrowBlox Sciences, Inc., GW Pharmaceuticals, plc, Lexaria Corp, International Consolidated Companies, Inc, Peace Naturals, Tilray, and Tweed,etc.

Key Highlights inGlobal Medical MarijuanaMarket Report:

  • The global medical marijuana market report highlights the competitive outlook of major global players, their business strategies, financial analysis, product portfolio, revenue distribution, R&D activities and investments. The competitive analysis also analyses the mergers, acquisitions and partnership scenario in the industry.
  • The comprehensive analysis of medical marijuana market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.
  • Global medical marijuana market report encompasses the analysis of new opportunities emerging in the market,major factors driving the growth of market, and the factors posing threats & challenges to the market.
  • The medical marijuana market outlook also comprises the market analysis based on market dynamics, risk factors, USP analysis, SWOT analysis, BPS Analysis & market attractiveness.
  • Further the medical marijuana market report includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region covered in the market.

 

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