Sellbyville, Delaware, Aug. 22, 2018 (GLOBE NEWSWIRE) --

Global Medical Marijuana Market outlook is projected to surpass USD 55 billion by 2024, says a new Global Market Insights, Inc. report featuring key industry trends across the application, route of administration, distribution channel, and regional landscape.   

The extensive demand for marijuana in the treatment of chronic pain due to cancer, arthritis, HIV/AIDS, and cancer will foster the global medical marijuana market growth. The rising inclination toward marijuana as opposed to opioid narcotics will also influence the industry trends.  

According to the report, medical marijuana market size from dispensaries is foreseen to exhibit a double-digit CAGR of 36.2% over 2018-2024. Powered by the increasing number of dispensaries set up in myriad regions and growth in the legal sale of medical marijuana have optimistically influenced and proliferated the segment growth.

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In terms of the regional landscape, Canada medical marijuana industry is projected to witness 32% CAGR over 2018-2024. The country has completely legalized the sale, production, & consumption of medical marijuana and is thus witnessing robust product sales. Presence of prominent marijuana companies in the region is also expected to drive the regional share.

The key players profiled in the report are GW Pharmaceuticals, Aphria, Aurora Cannabis Inc., Canopy Growth Corporation, Medical Marijuana, Inc., Supreme Cannabis Company Inc., MedReleaf, CanniMed Therapeutics Inc., Lexaria Corporation, Tilray, United Cannabis Corporation, Emerald Health Therapeutics, Cannabis Sativa, Inc., Cronos Group, GBSciences, Inc., The Hydropothecary Corporation, Corbus Pharmaceuticals, Namaste Technologies, and Insys Therapeutics, Inc. The companies have been profiled in terms of their strategic outlook, product portfolio, and SWOT assessment.

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Scope of the Medical Marijuana Market report:

  • Application landscape: Pain Management (Cancer Pain, Neuropathic Pain), Muscle Spasms, Nausea, Anorexia, Seizures, Others
  • Route of administration landscape: Inhalation, Oral, Topical
  • Distribution channel landscape: Dispensaries, Online
  • Regional landscape: Canada, U.S., UK, Germany, Czech Republic, France, Italy, The Netherlands, Chile, Peru, Argentina, Colombia, Israel, Australia

Browse key industry insights spread across 150 pages with 161 market data tables & 9 figures & charts from the report, “Medical Marijuana Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/medical-marijuana-market

Partial Table of Contents (ToC) of the report:

Chapter 2.  Executive Summary

2.1.  Medical marijuana industry 3600 synopsis, 2013 - 2024

2.1.1.  Business trends

2.1.2.  Application trends

2.1.3.  Route of administration trends

2.1.4.  Distribution channel trends

2.1.5.  Regional trends

Chapter 3.  Medical Marijuana Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.3.  Industry impact forces

3.3.1.  Growth drivers

3.3.1.1. Increasing application of marijuana for a myriad of medical conditions and symptoms

3.3.1.2. Growing demand for medical marijuana legalization in several countries

3.3.1.3. Rising number of R&D and clinical trial activities

3.3.2.  Industry pitfalls & challenges

3.3.2.1. Few side effects might hinder the market growth

3.3.2.2. Difficulty in medical marijuana business banking

3.4.  Growth potential analysis

3.4.1.  By application

3.4.2.  By route of administration

3.4.3.  By distribution channel

3.5.  Porter’s analysis

3.6.  Competitive landscape, 2017

3.6.1.  Business overview

3.6.2.  Revenue analysis

3.6.3.  Product landscape

3.6.4.  Strategy dashboard

3.7.  PESTEL analysis

3.8.  Value chain analysis        

3.9.  Legal Requirement for Distribution of Medical Marijuana        

3.10. Regulatory Landscape, by Country        

3.10.1. US    

3.10.2. Canada       

3.10.3. The Netherlands     

3.10.4. Israel

Chapter 4.  Medical Marijuana Market, By Application

4.1. Global medical marijuana market share, by application, 2017 & 2024

4.2. Pain Management

4.2.1.  Market estimates and forecast, by region, 2013 – 2024

4.2.2.  Neuropathic Pain

4.2.2.1.    Market estimates and forecast, by region, 2013 – 2024

4.2.3.  Cancer Pain

4.2.3.1.    Market estimates and forecast, by region, 2013 – 2024

4.2.4.  Others

4.2.4.1.    Market estimates and forecast, by region, 2013 – 2024

4.3. Muscle Spasms

4.3.1.  Market estimates and forecast, by region, 2013 – 2024

4.4. Nausea

4.4.1.  Market estimates and forecast, by region, 2013 - 2024

4.5. Anorexia

4.5.1.  Market estimates and forecast, by region, 2013 - 2024

4.6. Seizures

4.6.1.  Market estimates and forecast, by region, 2013 - 2024

4.7. Others

4.7.1.  Market estimates and forecast, by region, 2013 – 2024

Browse Full ToC @ https://www.gminsights.com/toc/detail/medical-marijuana-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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