Global Medical Marijuana Market Demand to Show Superior Growth Despite the Spread of COVID-19 | Technavio

·3 min read

The medical marijuana market is poised to grow by USD 22.33 billion during 2020-2024 progressing at a CAGR of over 24% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201102005680/en/

Technavio has announced its latest market research report titled Global Medical Marijuana Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The report on the medical marijuana market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing production of medical marijuana.

The medical marijuana market analysis includes application and geography landscape. This study identifies the increase in funding for research and production of medical marijuana as one of the prime reasons driving the medical marijuana market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The Medical Marijuana Market covers the following areas:

Medical Marijuana Market Sizing

Medical Marijuana Market Forecast

Medical Marijuana Market Analysis

Companies Mentioned

  • Aphria Inc.

  • Aurora Cannabis Inc.

  • Cannabis Sativa, Inc.

  • Canopy Growth Corp.

  • Cronos Group Inc.

  • GW Pharmaceuticals Plc

  • mCig Inc.

  • Medical Marijuana, Inc.

  • United Cannabis Corp.

  • Vivo Cannabis, Inc.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition

  • Market sizing 2019

  • Market outlook

  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application

  • Comparison by application

  • Chronic pain - Market size and forecast 2019-2024

  • Nausea - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers

  • Market challenges

PART 11: MARKET TRENDS

  • Increasing number of awareness campaigns

  • Launch of medical marijuana education programs

  • Increase in funding for research and production of medical marijuana

PART 12: VENDOR LANDSCAPE

  • Overview

  • Landscape disruption

  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Aphria Inc.

  • Aurora Cannabis Inc.

  • Cannabis Sativa, Inc.

  • Canopy Growth Corp.

  • Cronos Group Inc.

  • GW Pharmaceuticals Plc

  • mCig Inc.

  • Medical Marijuana, Inc.

  • United Cannabis Corp.

  • Vivo Cannabis, Inc.

PART 14: APPENDIX

  • Research methodology

  • List of abbreviations

  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201102005680/en/

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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