ALBANY, New York, June 2, 2020
- It is projected that the global medical cannabis market will witness a steady year on year growth in the coming years of the forecast period.
- The growth of the market is predominantly led by increasing reforms and legislative amendments adopted by several governments.
ALBANY, New York, June 2, 2020 /PRNewswire/ -- TMR has now come up with a market research report that offers great insights about the overall working dynamics of the global medical cannabis market. The research report tries to shed light on the key segments influencing the market growth, driving and restraining factors, geographical outlook, and the overall situation of the competitive landscape.
According to the research report, the global medical cannabis, the market is projected to witness a massive CAGR of 27% over the course of the given forecast period ranging from 2019 to 2027. The valuation of the global market was around US$8 Bn in 2018. Given the rate of growth, the market is projected to experience a massive surge in valuation and reach worth around US$53 Bn by the fall of 2027.
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Global Medical Cannabis Market – Key Takeaways
Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Medical Cannabis Market (Derivative: Cannabidiol [CBD], Tetrahydrocannabinol [THC], and Others; Application: Mental Health Management, Neurological Disorders Management, and Pain Management; Route of Administration: Nasal, Oral, and Others; and Distribution Channel: Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 - https://www.transparencymarketresearch.com/report-toc/76890
Global Medical Cannabis Market – Key Driving Factors
Analyze Medical Cannabis Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea.
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Global Medical Cannabis Market – Key Restraining Factors
Global Medical Cannabis Market – Geographical Outlook
Global Medical Cannabis Market – Key Players
Canopy Growth Corporation, United Cannabis, Aurora Cannabis, Cannabis Sativa, Inc., Emerald Health Therapeutics, and GW Pharmaceuticals plc among others are some of the notable names in the global market.
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Global Medical Cannabis Market: Research Scope
Medical Cannabis Market, by Derivative
Medical Cannabis Market, by Application
Medical Cannabis Market, by Route of Administration
Medical Cannabis Market, by Distribution Channel
Medical Cannabis Market, by Region
Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:
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