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The Global Medical Marijuana Market is expected to grow by $ 27.72 billion during 2021-2025, progressing at a CAGR of almost 19% during the forecast period

ReportLinker
·3-min read

Global Medical Marijuana Market 2021-2025 The analyst has been monitoring the medical marijuana market and it is poised to grow by $ 27. 72 billion during 2021-2025, progressing at a CAGR of almost 19% during the forecast period.

New York, April 05, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Medical Marijuana Market 2021-2025" - https://www.reportlinker.com/p05356569/?utm_source=GNW
Our report on the medical marijuana market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of product launches, increasing number of medical marijuana dispensaries, and plans to increase production and availability of medical marijuana by governments. In addition, the rising number of product launches is anticipated to boost the growth of the market as well.
The medical marijuana market analysis includes the application segment and geographic landscape.

The medical marijuana market is segmented as below:
By Application
• Chronic pain
• Nausea
• Others

By Geographical Landscapes
• North America
• Europe
• APAC
• South America
• MEA

This study identifies the increasing number of awareness campaigns as one of the prime reasons driving the medical marijuana market growth during the next few years. Also, launch of medical marijuana education programs and increase in funding for research and production of medical marijuana will lead to sizable demand in the market.

The analyst 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. Our report on medical marijuana market covers the following areas:
• Medical marijuana market sizing
• Medical marijuana market forecast
• Medical marijuana market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical marijuana market vendors that include Aphria Inc., Aurora Cannabis Inc., Cannabis Sativa Inc., Canopy Growth Corp., Cronos Group Inc., DEMECAN Holding GmbH, GW Pharmaceuticals Plc, Medical Marijuana Inc., Tilray Inc., and VIVO Cannabis Inc. Also, the medical marijuana market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Read the full report: https://www.reportlinker.com/p05356569/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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