Deerfield Beach, Florida, Jan. 23, 2019 (GLOBE NEWSWIRE) -- This report studies the Medical Marijuana market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market and splits the Medical Marijuana market by product type and applications/end industries. The United States Medical Marijuana market is valued at 7.97 billion USD in 2017 and is expected to reach 24.1 billion USD by the end of 2025, growing at a CAGR of 14.83% between 2017 and 2025.
The Marijuana market report shows a total assessment of worldwide Marijuana market along with the dominant players Scotts Miracle-Gro, Canopy Growth, GW Pharmaceuticals, Aurora Cannabis, Aphria, MedReLeaf, Insys Therapeutics, Sprott, CanniMed Therapeutics, Horizons Marijuana Life Sciences Index ETF of the market.
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Medical Marijuana, or medical cannabis, refers to cannabis and cannabinoids that are recommended by doctors or medical professionals for the patients. Limited evidence suggests cannabis can reduce nausea and vomiting during chemotherapy, improve appetite in people with HIV/AIDS, and reduce chronic pain and muscle spasms.
Medical cannabis can be administered through a variety of methods, including capsules, lozenges, tinctures, dermal patches, oral or dermal sprays, cannabis edibles, and vaporizing or smoking dried buds. Medical cannabis has several potential beneficial effects. The evidence is moderate that it helps in chronic pain and muscle spasms. Low-quality evidence suggests its use for reducing nausea during chemotherapy, improving appetite in HIV/AIDS, improving sleep, and improving tics in Tourette syndrome. When usual treatments are ineffective, cannabinoids have also been recommended for anorexia, arthritis, migraine, and glaucoma. It is recommended that cannabis use be stopped in pregnancy.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and Growth Rate (%) of Medical Marijuana in these regions, from 2013 to 2025 (forecast), covering
- United States
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
The major players in global and United States market, including
- Scotts Miracle-Gro
- Canopy Growth
- GW Pharmaceuticals
- Aurora Cannabis
- Aphria
- MedReLeaf
- Insys Therapeutics
- Sprott
- CanniMed Therapeutics
- Horizons Marijuana Life Sciences Index ETF
On the basis of product, the market is primarily split into
- Dried Flower
- Oils + Concentrates
- Softgel Capsules
On the basis on the end users/application, this report covers
- Muscle Spasms
- Nausea (from cancer chemotherapy)
- Chronic Illness (HIV/Nerve Pain)
- Seizure Disorders
- Crohn's Disease
Related Report:
Global Cannabis Oil Market: http://www.intenseresearch.com/market-analysis/global-cannabis-oil-market-status-and-forecast-by.html
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