Covid-19 Impact on Medical Marijuana Market to Witness Steady Growth through 2026

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Presents a Research Report on Medical Marijuana
Market
The report on the Global Medical Marijuana Market
is segmented by Type (Buds, Oils, Tinctures), By
Application (Chronic Pain, Mental Disorders,
Cancer, Others), By End-User (Hospitals and
Specialty Wound Care Clinics, Long Term Care
Facilities, Home Healthcare), and Region. It also
covers the COVID-19 Impact Analysis and Forecast
to 2026.


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Medical Marijuana Market Highlights Drivers

• The Medical Marijuana Market is estimated to grow
  from USD 21.1 billion in 2020 to USD 53.0
  billion by 2026 at a healthy CAGR of 17 during
  the forecast period.

• Market Dynamics
• The global market growth is primarily driven by
  the increasing usage of medical marijuana in
  various medical applications including mental
  disorders, arthritis, chronic pain, and cancer
  among others.
• The continuous investment in research and
  development activities to provide intervention
  for various diseases and symptoms is likely to
  boost the product demand at a significant rate.
• The increase in several countries legalizing the
  use of marijuana for medical and recreational
  purposes is likely to create lucrative
  opportunities for the market players.

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Market Segmentation

• Segment Analysis
• Application Trends
• Based on application, the market has been divided
  into chronic pain, mental disorders, cancer, and
  others.
• The chronic pain segment accounted for the
  largest share in 2020 on account of increasing
  number of clinical trials using marijuana to
  treat chronic pain.
• The cancer segment is projected to grow at the
  fastest CAGR during the review period.
• Regional Trends
• The market in North America accounted for the
  largest market share of around 45 in 2020 due to
  presence of key market players such as Medical
  Marijuana, Inc. (US), Canopy Growth Corporation
  (Canada) and Aurora Cannabis Inc. (Canada).
• Additionally, an increasing number of states
  legalizing the use of marijuana for medical
  purposes in the US is likely to play a
  significant role in the regional market growth. 
  The market in the Asia-Pacific region is
  projected to register a healthy growth rate on
  account of rising awareness regarding product
  benefits, particularly in China and India.

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Competitive Insights

• Key Players
• Tilray (The U.S),
• Canopy Growth Corporation (Canada),
• Aurora Cannabis Inc. (Canada),
• Maricann Group Inc. (Canada),
• Aphria Inc. (Canada),
• Tikun Olam (Israel),
• GW Pharmaceuticals (UK),
• Cannabis Sativa (The U.S),
• Medical Marijuana, Inc. (The U.S), and
• MedReleaf Corp. (The U.S).

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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