Enjoy complimentary customisation on priority with our Enterprise License!
The medical marijuana market size is estimated to grow by USD 39.81 billion at a CAGR of 29.52% between 2023 and 2028. Medical cannabis, derived from lawfully obtained marijuana or legal cannabis, is increasingly being prescribed by physicians to alleviate a range of medical conditions. Patients can consume it through various methods, including oral administration, inhalation via vaporizers or pipes, or ingesting cannabis-infused edibles. This form of cannabis is legal for medicinal use in many jurisdictions and offers potential relief for symptoms related to chronic pain, nausea, seizures, and other debilitating conditions. This therapeutic alternative offers relief for ailments ranging from chronic pain and chronic disease to neurological disorders. With growing acceptance and legalization, medical cannabis serves as a viable treatment option for patients seeking relief from symptoms that conventional medications may not adequately address. As medical research continues to explore its efficacy and safety, medical cannabis holds promise as a valuable addition to traditional healthcare practices.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.