Global Medical Cannabis Market is forecasted to grow at 25.16% with factor such as increased medical use and legalization of cannabis.
Medical cannabis market is growing due to increased usage of cannabis seeds in cosmetic products. However, complex regulatory structure for usage of cannabis acts as a restraint for its growth in the market.
According to Data Bridge Market Research, the market for medical cannabis in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is MediPharm Labs Inc. which accounts an estimated market share of approximately 17.56% in the North American region
Trends Impacting the Market
Now the question is which other regions MediPharm Labs Inc. Aphria Inc. and Tilray are targeting? Data Bridge Market Research has estimated a large growth in North Medical cannabis market and the market leaders targeting U.S, Canada and Mexico to be their next revenue pockets for 2020.
The medical cannabis market is becoming more competitive every year with companies such as MediPharm Labs Inc. Aphria Inc. and Tilray as they are the market leaders for medical cannabis. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the medical cannabis market.
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Scopes of the Medical Cannabis Market
Global medical cannabis market is segmented on the basis of countries into the UU.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of medical cannabis companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-cannabis-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Medical Cannabis Market – Industry Trends and Forecast to 2029
Europe Medical cannabis Market – Industry Trends and Forecast to 2029
North America Medical Cannabis Market – Industry Trends and Forecast to 2028
Asia-Pacific Medical Cannabis Market – Industry Trends and Forecast to 2028
Middle East and Africa Medical Cannabis Market – Industry Trends and Forecast to 2028
Thailand Medical Cannabis Market – Industry Trends and Forecast to 2028