Medical Cannabis Market to Witness Steady Growth by 2030:

According to HTF Market Intelligence, the Global Medical Cannabis market to witness a CAGR of 24.5%% during forecast period of 2024-2030. The market is segmented by Global Medical Cannabis Market Breakdown by Application (Cancer, Chronic Pain, Depression and Anxiety, Arthritis, Others) by Type (Flower, Oil & Tinctures) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Medical Cannabis market size is estimated to increase by USD 47,061.25 Million at a CAGR of 24.5%% from 2024 to 2030. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 6,822.21 Million.

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Medical cannabis refers to the use of cannabis or its extracts for medical purposes. The plant contains compounds called cannabinoids, which have been found to have therapeutic properties. The two most well-known cannabinoids are delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD).

Medical Cannabis market - Key Segment Analysis

The market share growth by the segment will be significant during the forecast period. The segment is driven by the Legalization Of Medicinal Cannabis In Various Economies.

Medical Cannabis market - Competition Analysis

The global Medical Cannabis market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are BOL Pharma (Israel), Tilray (Canada), Medreleaf Corporation (Canada), Aurora Cannabis, Inc. (Canada), Canopy Growth Corporation (Canada), Insys Therapeutics, Inc. (United States), Aphria, Inc. (Canada), MGC Pharmaceuticals Limited (Australia), GW Pharmaceuticals, plc (United Kingdom), Medical Marijuana Inc. (United States).

Medical Cannabis market - Geographical Outlook

?will provide maximum growth opportunities in Medical Cannabis market. According to our research, the region will account for xx% of the global market growth during the forecast period.?The market in?is driven by The launch of New Cannabis Consumer Products.

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What key data is demonstrated in this Medical Cannabis market report?

·????????CAGR of the market during the forecast period

·????????Detailed information on factors that will drive the growth of the Medical Cannabis market between 2024 and 2030

·????????Precise estimation of the size of the Medical Cannabis market and its contribution to the parent market

·????????Accurate predictions about upcoming trends and changes in consumer behaviour

·????????Value in dollar term and growth of the market industry across APAC,?Europe,?North America,?South America, and?Middle East?and?Africa; further broken down by major country within region.

·????????Thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of Medical Cannabis market players

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Some Extracts from Table of Content

Some Extracts from Table of Content

- Overview of Medical Cannabis Market

- Market dynamics

?Growth Drivers, Market Trends, Opportunities and Challenges

- Five Forces Analysis

?Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

- Medical Cannabis Size (USD & Sales Volume) Comparison by Type (2019-2030)

- Medical Cannabis Size (USD & Consumption) and Market Share Comparison by Application (2019-2030)

- Medical Cannabis Size (Value & Volume) Comparison by Region (2019-2030)

- Market Capacity, Production, Export-Import by Region (2019-2023E)

- Medical Cannabis Market Sales, Revenue and Growth Rate (2019-2030)

- Competitive Situation and Trends

- Market Positioning and Share Analysis (2029-2023E)

- Suppliers High-Performance Operational Base Distribution

- Analyse competitors, Profiles, Sales Area, Product Category

- Medical Cannabis Cost Analysis

- Marketing Strategy Analysis

- Research Conclusions

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