Data Bridge Market Research analyzes that the medical cannabis market is expected to grow at a CAGR of 33.6% in the forecast period of 2024 to 2031 and is expected to reach USD 24,646.06 million by 2031 from USD 2,625.67 million by 2023.
Top Industry Players:
Tilray, Althea Company Pty Ltd (A subsidiary of Althea Group Holdings Limited), PharmaHemp, Aurora Cannabis Inc., CANOPY GROWTH CORPORATION, Jazz Pharmaceuticals, Inc., EcoGen Biosciences, GRASS & CO., CANNARAY, and Sanity Group GmbH
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Market Segmentation:
The Europe medical cannabis market is segmented on the basis of product, source, species, derivatives, application, route of administration, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Oil
- Dried Medical Cannabis
- Medical Cannabis Capsules
- Vape Pen
- Whole Flower
- Creams & Moisturizer
- Ground Flower
- Others
On the basis of product, the market is segmented into oil, medical cannabis capsules, whole flower, ground flower, vape pen, dried medical cannabis, creams & moisturizer, and others.
Source
- Natural
- Synthetic
On the basis of source, the market is segmented into synthetic and natural.
Species
- Sativa
- Hybrid
- Cannabis Indica
On the basis of species, the market is segmented into sativa, hybrid, and cannabis indica.
Derivatives
- Cannabidiol (CBD)
- Tetrahydrocannabinol (THC)/Delta-8-Tetrahydrocannabinol
- Others
On the basis of derivatives, the market is segmented into Cannabidiol (CBD), Tetrahydrocannabinol (THC)/Delta-8-Tetrahydrocannabinol, and others.
Application
- Pain Management
- Anxiety
- Muscle Spasms
- Nausea
- Appetite Loss
- Cancer
- Arthritis
- Alzheimer's Disease/Migranes
- Epilepsy
- Depression and Sleep Disorders
- Multiple Sclerosis
- Autism
- Mental Health Conditions
- Elevate Modd
- Others
On the basis of application, the market is segmented into pain management, anxiety, muscle spasms, nausea, appetite loss, cancer, arthritis, alzheimer's disease/migranes, epilepsy, depression and sleep disorders, multiple sclerosis, autism, mental health conditions, elevate modd, and others.
Route of Administration
- Oral Solution and Capsules
- Smoking
- Topicals
- Vaporizers
- Others
On the basis of route of administration, the market is segmented into oral solution and capsules, smoking, topicals, vaporizers, and others.
End User
- Homecare Setting
- Hospital
- Rehab Centers
- Pharmaceutical Industry
- Research and Development Centers
- Others
On the basis of end user, the market is segmented into homecare setting, hospital, rehab centers, pharmaceutical industry, research and development centers, and others.
Distribution Channel
- B2C
- B2B
On the basis of distribution channel, the market is segmented into B2C and B2B.
The reputable Europe Medical Cannabis market report conducts a thorough competitive analysis, encompassing strategic profiling of key market players. It delves into their core competencies, strengths, weaknesses, and the overall competitive landscape. This in-depth examination supports businesses in illustrating their individual strategies effectively. The market research data provided in this report serves as a valuable resource for businesses in the planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing, and marketing. With unwavering devotion and commitment, the Europe Medical Cannabis market survey report is presented with the utmost realism, offering trustworthy services and recommendations that businesses can confidently rely on.
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Strategic Points from Table of Content:
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Europe Medical Cannabis Market Size by Type and Application
– Regional Market Status and Outlook
– Europe Medical Cannabis Market Analysis and Outlook
– Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
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