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Global Medical Marijuana Market Size study & Forecast, by Formulation Type (Capsules, Oils, and Other Formulation Types) by Application (Chronic Pain, Arthritis, Migraine, Cancer, and Other Applications) and Regional Analysis, 2022-2029

November 2022 | 200 pages | ID: GB81F9759E48EN
Bizwit Research & Consulting LLP

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Global Medical Marijuana Market is valued approximately at USD 11.0 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.06% over the forecast period 2022-2029. Medical marijuana, also referred to as medical cannabis, is derived from the Cannabis sativa plant which is also used to treat a disease or specific symptom such as cancer, chronic pain, mental disorders, and manage pain. Cannabis Sativa and Cannabis Indica, which come from the western hemisphere and central and south Asian regions, respectively, are the two types of medical marijuana. The key factors driving the market growth is rising awareness about benefits of medical marijuana, growing legalization of cannabis across region and growing FDA approvals for medicinal cannabis products.

In 2018, FDA approved the first drug comprising of an active component derived from marijuana for treating epilepsy. Epidiolex (cannabidiol) [CBD] in oral solution was granted this approval to treat seizures related to two severe and rare forms of epilepsy, Lennox-Gastaut syndrome and Dravet syndrome. In January 2018, the Australian Government allowed marijuana producers in the country to export medical marijuana and its products to the global medical marijuana market. Also, innovative product development with growing R&D activities will create lucrative opportunities for the market during forecast period. However, the complex regulatory structure for the usage of cannabis stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Medical Marijuana Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the rising cannabis legalization in the U.S. This is one of the key factors contributing to its growing demand. Asia Pacific is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as increasing legalization of cannabis as well as an increase in disposable income, social acceptance, and consumer understanding of the product's advantages.

Major market player included in this report are:
Tilray
Aurora Cannabis
Canopy Growth Corporation
Aphria, Inc.
Maricann Group, Inc.
Tikun Olam, Ltd.
MedReleaf. Corp.
GW Pharmaceuticals plc.
Cannabis Sativa, Inc.
Medical Marijuana, Inc.

Recent Developments in the Market:
In Feb. 2022, Bombay Hemp Company, an agro company, joined along with Poonthottam Ayurvedasram to utilize the medicinal properties of cannabis for modern use. Asia's first Ayurvedic Cannabis Wellness Retreat is a partnership under the name 'AyurCann: Ayurvedic Cannabis Therapies.'
In April 2022, MediCane Health Inc. and Dr. Reddy's Laboratories Ltd. introduced their medicinal marijuana product in Germany.
Global Medical Marijuana Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Formulation Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Formulation Type:
Capsules
Oils
Other Formulation Types
By Application:
Chronic Pain
Arthritis
Migraine
Cancer
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Medical Marijuana Market, by region, 2019-2029 (USD Billion)
  1.2.2. Medical Marijuana Market, by Formulation Type, 2019-2029 (USD Billion)
  1.2.3. Medical Marijuana Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MEDICAL MARIJUANA MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MEDICAL MARIJUANA MARKET DYNAMICS

3.1. Medical Marijuana Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising Awareness about benefits of medical marijuana
    3.1.1.2. Growing legalization of cannabis
  3.1.2. Market Challenges
    3.1.2.1. Complex regulatory structure for the usage of cannabis
  3.1.3. Market Opportunities
    3.1.3.1. Innovative product development with growing R&D activities

CHAPTER 4. GLOBAL MEDICAL MARIJUANA MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL MEDICAL MARIJUANA MARKET, BY FORMULATION TYPE

6.1. Market Snapshot
6.2. Global Medical Marijuana Market by Formulation Type, Performance - Potential Analysis
6.3. Global Medical Marijuana Market Estimates & Forecasts by Formulation Type 2019-2029 (USD Billion)
6.4. Medical Marijuana Market, Sub Segment Analysis
  6.4.1. Capsules
  6.4.2. Oils
  6.4.3. Other Formulation Types

CHAPTER 7. GLOBAL MEDICAL MARIJUANA MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Medical Marijuana Market by Application, Performance - Potential Analysis
7.3. Global Medical Marijuana Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Medical Marijuana Market, Sub Segment Analysis
  7.4.1. Chronic Pain
  7.4.2. Arthritis
  7.4.3. Migraine
  7.4.4. Cancer
  7.4.5. Other Applications

CHAPTER 8. GLOBAL MEDICAL MARIJUANA MARKET, REGIONAL ANALYSIS

8.1. Medical Marijuana Market, Regional Market Snapshot
8.2. North America Medical Marijuana Market
  8.2.1. U.S. Medical Marijuana Market
    8.2.1.1. Formulation Type breakdown estimates & forecasts, 2019-2029
    8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Medical Marijuana Market
8.3. Europe Medical Marijuana Market Snapshot
  8.3.1. U.K. Medical Marijuana Market
  8.3.2. Germany Medical Marijuana Market
  8.3.3. France Medical Marijuana Market
  8.3.4. Spain Medical Marijuana Market
  8.3.5. Italy Medical Marijuana Market
  8.3.6. Rest of Europe Medical Marijuana Market
8.4. Asia-Pacific Medical Marijuana Market Snapshot
  8.4.1. China Medical Marijuana Market
  8.4.2. India Medical Marijuana Market
  8.4.3. Japan Medical Marijuana Market
  8.4.4. Australia Medical Marijuana Market
  8.4.5. South Korea Medical Marijuana Market
  8.4.6. Rest of Asia Pacific Medical Marijuana Market
8.5. Latin America Medical Marijuana Market Snapshot
  8.5.1. Brazil Medical Marijuana Market
  8.5.2. Mexico Medical Marijuana Market
8.6. Rest of The World Medical Marijuana Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Tilray
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Aurora Cannabis
  9.2.3. Canopy Growth Corporation
  9.2.4. Aphria, Inc.
  9.2.5. Maricann Group, Inc.
  9.2.6. Tikun Olam, Ltd.
  9.2.7. MedReleaf. Corp.
  9.2.8. GW Pharmaceuticals plc.
  9.2.9. Cannabis Sativa, Inc.
  9.2.10. Medical Marijuana, Inc.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Medical Marijuana Market, report scope
TABLE 2. Global Medical Marijuana Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Medical Marijuana Market estimates & forecasts by Formulation Type 2019-2029 (USD Billion)
TABLE 4. Global Medical Marijuana Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Medical Marijuana Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Medical Marijuana Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Medical Marijuana Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Medical Marijuana Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Medical Marijuana Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Medical Marijuana Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Medical Marijuana Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Medical Marijuana Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Medical Marijuana Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Medical Marijuana Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Medical Marijuana Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Medical Marijuana Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Medical Marijuana Market
TABLE 70. List of primary sources, used in the study of global Medical Marijuana Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Medical Marijuana Market, research methodology
FIG 2. Global Medical Marijuana Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Medical Marijuana Market, key trends 2021
FIG 5. Global Medical Marijuana Market, growth prospects 2022-2029
FIG 6. Global Medical Marijuana Market, porters 5 force model
FIG 7. Global Medical Marijuana Market, pest analysis
FIG 8. Global Medical Marijuana Market, value chain analysis
FIG 9. Global Medical Marijuana Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Medical Marijuana Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Medical Marijuana Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Medical Marijuana Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Medical Marijuana Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Medical Marijuana Market, regional snapshot 2019 & 2029
FIG 15. North America Medical Marijuana Market 2019 & 2029 (USD Billion)
FIG 16. Europe Medical Marijuana Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Medical Marijuana Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Medical Marijuana Market 2019 & 2029 (USD Billion)
FIG 19. Global Medical Marijuana Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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