Medical Marijuana Market By Type ( Sativa, Indica, Hybrid ), By Mode of Administration ( Capsules, Dermal patches, Cannabis edibles, Vaporizing/smoking ), By End-use ( Cancer, Arthritis, Migraine, Chronic Pain ), Industry Trends, Estimation & Forecast, 2017 - 2025

April 2018

 Pages: 168

 ERC 9997

Medical Marijuana Market is expected to grow with a CAGR of 18.3% during the forecast period of 2018 to 2025.

The evolution of medical marijuana or medical cannabis from an illegal drug to a mainstream legalized drug in certain parts of the globe is catalyzing the growth of medical marijuana market. According to a research, medical marijuana is being consumed by more than 12 million people all over the globe for various medical purposes such as depression, cancer, pain management and few others. The medical cannabis industry is expanding in terms of both value and volume, owing to the huge investments being contributed by the public and private firms. In addition, market players are focusing on increasing their production capacities and expanding their business reach via mergers & acquisitions and joint ventures. In January 2018, Aurora Cannabis Inc. entered into a joint venture with Alfred Pedersen & Søn, with an aim to become the largest medical marijuana producer in Europe. The global medical marijuana market is expected to witness a surge in its sales volume due to the emergence of luxury cannabis products in the market. The harmful effects of smoking unregulated volumes of marijuana has led to the advent of nouveau consumption trends of medical marijuana. In order to provide regulated therapeutic doses of medical marijuana to the patients, market players are offering edibles such as chewing gums, cookies, tea, muffins, chocolates, and brownies containing marijuana in them. The legal status of medical marijuana across the globe is the most crucial market determinant that is fuelling and hindering the growth of the global market. Moreover, the Asia-Pacific region is anticipated to emerge as a lucrative investment pocket during the upcoming years, owing to the increasing medical complexities in the region and the extensive research being conducted by various Chinese firms. As per the World Intellectual Property Office (WIPO) statistics, Chinese firms own more than 50% of the 600 patents filed with WIPO regarding cannabis research.

The report provides detailed qualitative and quantitative analysis of the medical marijuana market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely type, mode of administration, and end-use segment in each of the major regions.

Medical Marijuana Market Player Analysis -

The report presents detailed analysis of major players operating in medical marijuana market. Few of the include Aurora Cannabis, mCig, Vitacig, GW Pharmaceuticals, plc., ABcann, MedReleaf, Tilray, CanniMed Ltd., Maricann Group Inc, and Aphria. Detailed coverage on these market players with information on their revenue from medical marijuana business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

The global medical marijuana market is segmented on the basis of type, mode of administration, end-use and geography. On the basis of type, the market is categorized into sativa, indica, and hybrid. By mode of administration, the market is segmented into capsules, dermal patches, cannabis edibles, vaporizing/smoking, and others. By end-use, the market is segmented into cancer, arthritis, migraine, chronic pain, and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Medical Marijuana Market Segmentation

By Type
    • Sativa
    • Indica
    • Hybrid

By Mode of Administration
    • Capsules
    • Dermal patches
    • Cannabis edibles
    • Vaporizing/smoking
    • Others (lozenges, tinctures, oral or dermal sprays)

By End-use
    • Cancer
    • Arthritis
    • Migraine
    • Chronic Pain
    • Others

By Geography
    • North America
              o U.S.
              o Canada
              o Mexico
    • Europe
              o U.K.
              o France
              o Germany
              o Italy
              o Spain
              o Rest of Europe
    • Asia-Pacific
              o China
              o Japan
              o India
              o Korea
              o Rest of APAC
• South America
              o Brazil
              o Rest of South America
• Rest of the World
              o Middle East
              o Africa

Medical Marijuana Market Key Players

• Aurora Cannabis
• mCig
• Vitacig
• GW Pharmaceuticals, plc.
• ABcann
• MedReleaf
• Tilray
• CanniMed Ltd.
• Maricann Group Inc
• Aphria

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    What Information does this report contain?


    • What was the market size of the Medical Marijuana Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Medical Marijuana Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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