Market Overview

Global Medical Marijuana Market 2018-2022 | Chronic Pain Segment Dominates the Global Market | Technavio

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According to the latest market research report released by Technavio,
the global medical marijuana market is expected to accelerate at a CAGR
of more than 21% during the forecast period. The increasing use of
cannabis for medical purposes is one of the key factors triggering the
growth of the market.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180822005296/en/

Technavio has published a new market research report on the global medical marijuana market from 201 ...

Technavio has published a new market research report on the global medical marijuana market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘Global
Medical Marijuana Market 2018-2022
' provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
It also includes an up-to-date analysis and forecasts for various market
segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the global medical marijuana
market into the following application:

  • Chronic pain
  • Nausea

In 2017, the chronic pain segment accounted for 39% of the global market
and is projected to fall to 38% by 2022, exhibiting almost 1% decrease
in market share.

Global medical marijuana market: Top emerging trend

The emergence of luxury cannabis products is an emerging trend in the
medical marijuana space. Since the consumption of cannabis through
smoking can be harmful, several vendors selling luxury cannabis products
that make controlled consumption of cannabis beneficial to the users
have emerged in the market. Luxury cannabis products can be defined as
products that contain therapeutic doses of cannabis in edible products.
They can be consumed without experiencing the side effects of smoking
cannabis. Cannabis is being added to edibles such as cookies,
chocolates, muffins, brownies, teas, and chewing gums. Madame Munchie is
a company in the US that makes cannabis-infused edible products. Another
vendor, Defonce Chocolates, makes edible cannabis chocolates that also
come in a variety of flavors and sizes. Patients who are recommended
specific dosages of cannabis by their physicians can consume these
edibles.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Technavio's report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Global Medical Marijuana Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by application (chronic pain and nausea)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Aurora Cannabis, GW Pharmaceuticals, mCig,
    Medical Marijuana, and United Cannabis)

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