Published by Global Market Vision
Posted on October 4, 2021
4 min readLast updated: February 1, 2026
The Medical Cannabis Market is set to grow significantly by 2028, driven by its use in enhancing treatment efficacy and reducing side effects.
A2Z Market Research announces the release of Medical Cannabis Market research report. The market is predictable to grow at a healthy pace in the coming years. Medical Cannabis Market 2021 research report presents analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market.
The global Medical Cannabis Market size is expected to Exhibit Significant CAGR of 13.3% by 2027.
Cannabis is safer and has less severe side effects in comparison to other treatment options. It also finds usage along with other treatments either to enhance their efficacy or to combat adverse side effects. For instance, it is very effective in reducing nausea and increasing appetite among chemotherapy patients. Similarly, it is also used in combination with traditional opioid painkillers, which enables patients to reduce the dosage and frequency of opioids significantly and imparts greater pain relief.
The top companies in this report include:
Aurora Cannabis Inc., Tilray, GW Pharmaceuticals, MediPharm Labs, ICC International Cannabis Corp., HEXO Corporation, Wayland Group Corp., Yield Growth Corp..
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As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the Medical Cannabis Market is also detailed in the report. This report highlights the manufacturing cost structure includes the cost of the materials, labor cost, depreciation cost, and the cost of manufacturing procedures. Price analysis and analysis of equipment suppliers are also done by the analysts in the report.
This research report represents a 360-degree overview of the competitive landscape of the Medical Cannabis Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Medical Cannabis Market in a detailed and concise manner for better insights into the businesses.
The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Medical Cannabis Market, exhibits a point-by-point scientific record of the market’s competitive scenario. The report likewise displays a review of the effect of recent developments in the market on market’s future development prospects.
Geographic analysis:
The global Medical Cannabis market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the rest of the world.
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COVID-19 Impact Analysis
The pandemic of COVID-19 has emerged in lockdown across regions, line limitations, and breakdown of transportation organizations. Furthermore, the financial vulnerability Medical Cannabis Market is a lot higher than past flare-ups like the extreme intense respiratory condition (SARS), avian influenza, pig influenza, bird influenza, and Ebola, inferable from the rising number of contaminated individuals and the vulnerability about the finish of the crisis. With the rapid rising cases, the worldwide Medical Cannabis refreshments market is getting influenced from multiple points of view.
The accessibility of the labor force is by all accounts disturbing the inventory network of the worldwide Medical Cannabis market as the lockdown and the spread of the infection are pushing individuals to remain inside. The presentation of the Medical Cannabis makers and the transportation of the products are associated. If the assembling movement is stopped, transportation and, likewise, the store network additionally stops. The stacking and dumping of the items, i.e., crude materials and results (fixings), which require a ton of labor, is likewise vigorously affected because of the pandemic. From the assembling plant entryway to the stockroom or from the distribution center to the end clients, i.e., application ventures, the whole Medical Cannabis inventory network is seriously compromised because of the episode.
The research provides answers to the following key questions:
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The main topic is the growth and forecast of the Medical Cannabis Market to 2028.
Cannabis is used to reduce nausea and increase appetite in chemotherapy patients, and to enhance pain relief when combined with opioids.
COVID-19 has disrupted the supply chain and manufacturing activities in the Medical Cannabis Market.
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