VANCOUVER, BC, July 26, 2021 \/PRNewswire\/ -- The global medical cannabis market size is expected to reach USD 47.15 billion in 2027 at a CAGR of 16.9%, according to the latest report by Emergen Research. Market revenue growth can be attributed to the increasing use of medical cannabis to treat diseases and conditions, rising research and development activities, and legalization of cannabis in various countries across the globe. Increasing government initiatives to encourage safe usage and consumption of the product is also a key factor expected to contribute to market growth over the forecast period. <\/p>\n
Medical cannabis is cannabis and cannabinoids that are prescribed by doctors and physicians for relieving symptoms or treating diseases. Preliminary studies suggest cannabis can reduce nausea and vomiting that are primary side effects of chemotherapy, improve appetite in people suffering from HIV\/AIDS, and alleviate chronic pain and muscle spasms. Medical cannabis can be administered through capsules, tinctures, dermal patches, and cannabis edibles, among others. Increasing incidence of severe and chronic diseases such as cancer, Parkinson's disease, Alzheimer's disease, and ALS, among others have boosted the use of medical cannabis and this has led to the development of new products. In addition, cannabinoids have been increasingly recommended for treatment of anorexia, arthritis, migraines, and glaucoma when other treatment regimens are ineffective. This is expected to further boost revenue growth of the market over the forecast period.<\/p>\n
Click Here to Access Free sample PDF Copy of the [emailprotected]https:\/\/www.emergenresearch.com\/request-sample\/174<\/p>\n
Increasing research and development activities to study the medical applications of cannabis and availability of synthetic cannabinoids as prescription medicine are some other key factors expected to contribute to revenue growth of the market going ahead. However, lack of data on long-term safety of medical cannabis, chronic side effects such as fatigue, dizziness, and hallucinations, among others, and implementation of stringent regulatory policies regarding cultivation and commercialization of cannabis are some key factors expected to restrain market growth going ahead. <\/p>\n
Some Key Highlights in the Report: <\/p>\n
Make Payment [Buy your Exclusive copy]@ https:\/\/www.emergenresearch.com\/select-license\/174<\/a><\/p>\n For the purpose of this report, Emergen Research has segmented the global medical cannabis market on the basis of product type, application, and route of administration, distribution channel, and region:<\/p>\n Product Type Outlook (Revenue, USD Billion; 2017-2027)<\/p>\n Application Outlook (Revenue, USD Billion; 2017-2027)<\/p>\n Route of Administration Outlook (Revenue, USD Billion; 2017-2027)<\/p>\n Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)<\/p>\n Have a look at Report Description and Table of Contents of Market [emailprotected] https:\/\/www.emergenresearch.com\/industry-report\/medical-cannabis-market<\/a><\/p>\n Regional Outlook (Revenue, USD Billion; 2017-2027)<\/p>\n Explore more reports offered by Emergen Research:<\/p>\n Cannabis Market By Product Type (Flower, Concentrates, Others), By Compound (Tetrahydrocannabinol, Cannabidiol (CBD), Balanced THC & CBD), By Application (Medical, Recreational, Pain Management, Neurological Health Management, Others), and Regions Forecasts to 2027<\/p>\n Drug Infusion Systems Market By Control Systems (Open Loop System, Closed Loop System), By Infusion Type (Continuous Infusion, Intermittent Infusion, Patient Controlled Infusion, Total Parenteral Nutrition), By Administration Route, By Application, By End-Use, and By Region Forecast to 2028<\/p>\n Compound Management Market By Solution (Products and Outsourcing Services), By Sample Type (Chemical Compounds, Biosamples), By Application (Drug Discovery, Gene Synthesis, Biobanking, Others), By End-Use (Biopharma Companies, Pharma Companies, Biobank, CRO) and By Region Forecast to 2028<\/p>\n Nanotechnology Market Size, Share, Trends, By Type (Nanomaterials, Nanocomposites, Nano devices, Nano tools), By Industry (Food and Agriculture, Healthcare, Information and Technology, Environment, Energy, Cosmetics), and By Region, Forecast to 2028<\/p>\n In-vitro Fertilization: Overcoming Insurmountable Barriers of Infertility<\/p>\n Joint Reconstruction Devices: Addressing the Need for Long-term Relief from Orthopedic Diseases<\/p>\n Liquid Biopsy: A Revolution in the Field of Medical Oncology<\/p>\n About Emergen Research<\/p>\n Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.<\/p>\n Contact Us:<\/p>\n Eric LeeCorporate Sales SpecialistEmergen Research | Web: http:\/\/www.emergenresearch.comDirect<\/a> Line: +1 (604) 757-9756E-mail: [emailprotected]Facebook| LinkedIn| Twitter| BlogsRead Full Press [emailprotected] https:\/\/www.emergenresearch.com\/press-release\/global-medical-cannabis-market<\/a><\/p>\n SOURCE Emergen Research<\/p>\n <\/p>\n Follow this link: <\/p>\n Medical Cannabis Market Size to Reach 47.15 Billion in 2027 | Increasing Use of Medical Marijuana to Alleviate Symptoms, Treat Diseases and Conditions...<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" VANCOUVER, BC, July 26, 2021 \/PRNewswire\/ -- The global medical cannabis market size is expected to reach USD 47.15 billion in 2027 at a CAGR of 16.9%, according to the latest report by Emergen Research. Market revenue growth can be attributed to the increasing use of medical cannabis to treat diseases and conditions, rising research and development activities, and legalization of cannabis in various countries across the globe Continue reading