Within the research scope of this report, it shows that the global Medicinal Cannabis market had a market size of about 15694.20 Million USD in 2022, growing at a CAGR of 20.16% during 2023-2029 to 56762.12 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include GW Pharmaceuticals, plc, Aurora Cannabis, Inc., Canopy Growth Corporation, Tilray, Aphria, Inc., and etc.
---The combined market share of the Top 3 players in the global Medicinal Cannabis market is about 7.76%.
REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Medicinal Cannabis market in 2022, the North America has the largest market size and its market share is about 89.00%, followed by Europe and its market share is about 9.00%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Flower, Oil, etc. Application segment includes Pain, Arthritis, etc.
--- Flower contributes approximately 37.00% share to the market in 2022.
--- Pain contributes approximately 52.00% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Medicinal Cannabis market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Medicinal Cannabis market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Medicinal Cannabis market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Medicinal Cannabis market.
Global Medicinal Cannabis Scope and Market Size
Medicinal Cannabis market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Medicinal Cannabis market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Medicinal Cannabis industry is considered in the report, covering the dynamic analysis of the development of the Medicinal Cannabis industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The market trend for medicinal cannabis is as follows:
Increasing Legalization and Acceptance: Medicinal cannabis has been legalized in several countries and states, with a growing acceptance of its potential therapeutic benefits. As more regions legalize the medical use of cannabis, the market trend for medicinal cannabis is driven by the expanding access to cannabis-based treatments for various medical conditions.
Growing Awareness of Health Benefits: The increasing awareness of the potential health benefits of medicinal cannabis is driving its market trend. Cannabis and its derivatives, such as cannabidiol (CBD), are believed to have therapeutic properties that can help alleviate symptoms of conditions such as chronic pain, epilepsy, multiple sclerosis, and chemotherapy-induced nausea. The market trend is influenced by the demand for alternative treatments and natural remedies.
Medical Research and Clinical Trials: The medical research community is actively studying the therapeutic effects of cannabis and its compounds. Clinical trials and scientific studies are exploring the efficacy and safety of cannabis-based treatments for various medical conditions. The market trend for medicinal cannabis is shaped by the outcomes of these research efforts, which provide evidence-based support for its use in healthcare.
Expansion of Legal Marketplaces: The growth of legal marketplaces for medicinal cannabis is contributing to its market trend. Licensed producers and dispensaries are emerging in regions where cannabis is legalized for medical purposes. These marketplaces provide access to a wide range of cannabis-based products, including oils, tinctures, capsules, and topical preparations.
Diversification of Product Offerings: The market trend for medicinal cannabis is characterized by the diversification of product offerings. Cannabis-based treatments are available in various forms, allowing patients to choose the most suitable method of consumption. This includes options such as dried flower for inhalation, oils for sublingual use, edibles, and transdermal patches.
Regulatory Frameworks and Standards: The establishment of regulatory frameworks and quality standards is crucial for the market trend of medicinal cannabis. As the industry matures, governments and regulatory bodies are implementing regulations to ensure product safety, consistency, and efficacy. The development and enforcement of these standards contribute to the credibility and trustworthiness of the medicinal cannabis market.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Player list
GW Pharmaceuticals, plc
Aurora Cannabis, Inc.
Canopy Growth Corporation
Tilray
Aphria, Inc.
Cronos Group
Canndoc
BOL Pharma
Green Organic Dutchman
MGC Pharmaceuticals Limited
Chemesis International
Others
Types list
Flower
Oil
Others
Application list
Pain
Arthritis
Neurological Disease
Others
List of Tables and Figures
Figure Medicinal Cannabis Picture
Table Product Definition of Medicinal Cannabis
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global Medicinal Cannabis Market Size by Type (2018 VS 2023 VS 2029)
Table Global Medicinal Cannabis Revenue and Market Size by Type (2018-2023)
Table Global Medicinal Cannabis Revenue and Market Share by Type (2018-2023)
Table Global Medicinal Cannabis Sales and Market Size by Type (2018-2023)
Table Global Medicinal Cannabis Sales and Market Share by Type (2018-2023)
Table Global Medicinal Cannabis Market Size by Application (2018 VS 2023 VS 2029)
Table Global Medicinal Cannabis Revenue Market Size by Application (2018-2023)
Table Global Medicinal Cannabis Revenue Market Share by Application (2018-2023)
Table Global Medicinal Cannabis Sales Market Size by Application (2018-2023)
Table Global Medicinal Cannabis Sales Market Share by Application (2018-2023)
Figure Global Medicinal Cannabis Revenue Market Size (2018-2023)
Figure Global Medicinal Cannabis Sales Market Size (2018-2023)
Table Medicinal Cannabis Market Size by Regions: 2018 VS 2023 VS 2029
Table Medicinal Cannabis Historic Revenue Market Size by Regions (2018-2023)
Table Medicinal Cannabis Historic Revenue Market Share by Regions (2018-2023)
Table Medicinal Cannabis Historic Sales Market Size by Regions (2018-2023)
Table Medicinal Cannabis Historic Sales Market Share by Regions (2018-2023)
Figure North America Medicinal Cannabis Market Size (2018-2023)
Figure Europe Medicinal Cannabis Market Size (2018-2023)
Figure Asia-Pacific Medicinal Cannabis Market Size (2018-2023)
Figure Latin America Medicinal Cannabis Market Size (2018-2023)
Figure Middle East & Africa Medicinal Cannabis Market Size (2018-2023)
Table North America Medicinal Cannabis Revenue by Countries (2018-2023)
Table North America Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table North America Medicinal Cannabis Sales by Countries (2018-2023)
Table North America Medicinal Cannabis Sales Market Share by Countries (2018-2023)
Table North America Medicinal Cannabis Sales by Types (2018-2023)
Table North America Medicinal Cannabis Sales Market Share by Types (2018-2023)
Table North America Medicinal Cannabis Sales by Applications (2018-2023)
Table North America Medicinal Cannabis Sales Market Share by Applications (2018-2023)
Figure United States Medicinal Cannabis Revenue and Growth (2018-2023)
Figure United States Medicinal Cannabis Sales and Growth (2018-2023)
Figure Canada Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Canada Medicinal Cannabis Sales and Growth (2018-2023)
Table Asia-Pacific Medicinal Cannabis Revenue by Countries (2018-2023)
Table Asia-Pacific Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table Asia-Pacific Medicinal Cannabis Sales by Countries (2018-2023)
Table Asia-Pacific Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table Asia Pacific Medicinal Cannabis Sales by Types (2018-2023)
Table Asia Pacific Medicinal Cannabis Sales Market Share by Types (2018-2023)
Table Asia Pacific Medicinal Cannabis Sales by Applications (2018-2023)
Table Asia Pacific Medicinal Cannabis Sales Market Share by Applications (2018-2023)
Figure China Medicinal Cannabis Revenue and Growth (2018-2023)
Figure China Medicinal Cannabis Sales and Growth (2018-2023)
Figure Japan Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Japan Medicinal Cannabis Sales and Growth (2018-2023)
Figure Korea Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Korea Medicinal Cannabis Sales and Growth (2018-2023)
Figure Southeast Asia Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Southeast Asia Medicinal Cannabis Sales and Growth (2018-2023)
Figure India Medicinal Cannabis Revenue and Growth (2018-2023)
Figure India Medicinal Cannabis Sales and Growth (2018-2023)
Figure Australia Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Australia Medicinal Cannabis Sales and Growth (2018-2023)
Table Europe Medicinal Cannabis Revenue by Countries (2018-2023)
Table Europe Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table Europe Medicinal Cannabis Sales by Countries (2018-2023)
Table Europe Medicinal Cannabis Sales Market Share by Countries (2018-2023)
Table Europe Medicinal Cannabis Sales by Types (2018-2023)
Table Europe Medicinal Cannabis Sales Market Share by Types (2018-2023)
Table Europe Medicinal Cannabis Sales by Applications (2018-2023)
Table Europe Medicinal Cannabis Sales Market Share by Applications (2018-2023)
Figure Germany Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Germany Medicinal Cannabis Sales and Growth (2018-2023)
Figure France Medicinal Cannabis Revenue and Growth (2018-2023)
Figure France Medicinal Cannabis Sales and Growth (2018-2023)
Figure UK Medicinal Cannabis Revenue and Growth (2018-2023)
Figure UK Medicinal Cannabis Sales and Growth (2018-2023)
Figure Italy Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Italy Medicinal Cannabis Sales and Growth (2018-2023)
Figure Russia Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Russia Medicinal Cannabis Sales and Growth (2018-2023)
Figure Spain Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Spain Medicinal Cannabis Sales and Growth (2018-2023)
Figure Nordic Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Nordic Medicinal Cannabis Sales and Growth (2018-2023)
Table Latin America Medicinal Cannabis Revenue by Countries (2018-2023)
Table Latin America Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table Latin America Medicinal Cannabis Sales by Countries (2018-2023)
Table Latin America Medicinal Cannabis Sales Market Share by Countries (2018-2023)
Table Latin America Medicinal Cannabis Sales by Types (2018-2023)
Table Latin America Medicinal Cannabis Sales Market Share by Types (2018-2023)
Table Latin America Medicinal Cannabis Sales by Applications (2018-2023)
Table Latin America Medicinal Cannabis Sales Market Share by Applications (2018-2023)
Figure Brazil Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Brazil Medicinal Cannabis Sales and Growth (2018-2023)
Figure Argentina Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Argentina Medicinal Cannabis Sales and Growth (2018-2023)
Figure Mexico Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Mexico Medicinal Cannabis Sales and Growth (2018-2023)
Table Middle East & Africa Medicinal Cannabis Revenue by Countries (2018-2023)
Table Middle East & Africa Medicinal Cannabis Revenue Market Share by Countries (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales by Countries (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales Market Share by Countries (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales by Types (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales Market Share by Types (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales by Applications (2018-2023)
Table Middle East & Africa Medicinal Cannabis Sales Market Share by Applications (2018-2023)
Figure Egypt Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Egypt Medicinal Cannabis Sales and Growth (2018-2023)
Figure South Africa Medicinal Cannabis Revenue and Growth (2018-2023)
Figure South Africa Medicinal Cannabis Sales and Growth (2018-2023)
Figure UAE Medicinal Cannabis Revenue and Growth (2018-2023)
Figure UAE Medicinal Cannabis Sales and Growth (2018-2023)
Figure Turkey Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Turkey Medicinal Cannabis Sales and Growth (2018-2023)
Figure Saudi Arabia Medicinal Cannabis Revenue and Growth (2018-2023)
Figure Saudi Arabia Medicinal Cannabis Sales and Growth (2018-2023)
Table Global Medicinal Cannabis Revenue by Players (2018-2023)
Table Global Medicinal Cannabis Revenue Market Share by Players (2018-2023)
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global Medicinal Cannabis Players Market Concentration Ratio (CR5) (2018-2023)
Table Medicinal Cannabis Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table GW Pharmaceuticals, plc Profile
Table Product Overview
Table GW Pharmaceuticals, plc Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure GW Pharmaceuticals, plc Sales and Growth Rate
Figure GW Pharmaceuticals, plc Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Aurora Cannabis, Inc. Profile
Table Product Overview
Table Aurora Cannabis, Inc. Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Aurora Cannabis, Inc. Sales and Growth Rate
Figure Aurora Cannabis, Inc. Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Canopy Growth Corporation Profile
Table Product Overview
Table Canopy Growth Corporation Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Canopy Growth Corporation Sales and Growth Rate
Figure Canopy Growth Corporation Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Tilray Profile
Table Product Overview
Table Tilray Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Tilray Sales and Growth Rate
Figure Tilray Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Aphria, Inc. Profile
Table Product Overview
Table Aphria, Inc. Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Aphria, Inc. Sales and Growth Rate
Figure Aphria, Inc. Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Cronos Group Profile
Table Product Overview
Table Cronos Group Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Cronos Group Sales and Growth Rate
Figure Cronos Group Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Canndoc Profile
Table Product Overview
Table Canndoc Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Canndoc Sales and Growth Rate
Figure Canndoc Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table BOL Pharma Profile
Table Product Overview
Table BOL Pharma Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure BOL Pharma Sales and Growth Rate
Figure BOL Pharma Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Green Organic Dutchman Profile
Table Product Overview
Table Green Organic Dutchman Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Green Organic Dutchman Sales and Growth Rate
Figure Green Organic Dutchman Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table MGC Pharmaceuticals Limited Profile
Table Product Overview
Table MGC Pharmaceuticals Limited Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure MGC Pharmaceuticals Limited Sales and Growth Rate
Figure MGC Pharmaceuticals Limited Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Chemesis International Profile
Table Product Overview
Table Chemesis International Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Chemesis International Sales and Growth Rate
Figure Chemesis International Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Others Profile
Table Product Overview
Table Others Medicinal Cannabis Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Others Sales and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Global Medicinal Cannabis Revenue Market Size Forecast by Type (2023-2029)
Table Global Medicinal Cannabis Revenue Market Share Forecast by Type (2023-2029)
Table Global Medicinal Cannabis Sales Market Size Forecast by Type (2023-2029)
Table Global Medicinal Cannabis Sales Market Share Forecast by Type (2023-2029)
Table Global Medicinal Cannabis Revenue Market Size by Application (2023-2029)
Table Global Medicinal Cannabis Revenue Market Share by Application (2023-2029)
Table Global Medicinal Cannabis Sales Market Size by Application (2023-2029)
Table Global Medicinal Cannabis Sales Market Share by Application (2023-2029)
Figure Global Medicinal Cannabis Revenue Forecast Market Size (2023-2029)
Figure Global Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Table Medicinal Cannabis Revenue Forecast Market Size by Regions (2023-2029)
Table Medicinal Cannabis Revenue Forecast Market Share by Regions (2023-2029)
Table Medicinal Cannabis Sales Forecast Market Size by Regions (2023-2029)
Table Medicinal Cannabis Sales Forecast Market Share by Regions (2023-2029)
Figure North America Medicinal Cannabis Revenue Forecast Market Size (2023-2029)
Figure North America Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Figure Europe Medicinal Cannabis Revenue Forecast Market Size (2023-2029)
Figure Europe Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Figure Asia-Pacific Medicinal Cannabis Revenue Forecast Market Size (2023-2029)
Figure Asia-Pacific Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Figure Latin America Medicinal Cannabis Revenue Forecast Market Size (2023-2029)
Figure Latin America Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Figure Middle East & Africa Medicinal Cannabis Forecast Market Size (2023-2029)
Figure Middle East & Africa Medicinal Cannabis Sales Forecast Market Size (2023-2029)
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Figure Manufacturing Process Analysis of Medicinal Cannabis
Figure Medicinal Cannabis Industrial Chain Analysis
Table Distributors of Medicinal Cannabis with Contact Information
Table Major Customers of Medicinal Cannabis with Contact Information
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis
