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Global Legal Cannabis for Medical Use Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 201
  • CATEGORY
  • Healthcare & Life Sciences
Legal Cannabis for Medical Use market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Legal Cannabis for Medical Use market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Legal Cannabis for Medical Use manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Legal Cannabis for Medical Use market covering all its essential aspects.

Global Legal Cannabis for Medical Use Market: Segmentations


Global Legal Cannabis for Medical Use Market: By Types
Tetrahydrocannabinol (THC)
Cannabidiol (CBD)

Global Legal Cannabis for Medical Use Market: By Applications
Cancer
Arthritis
Migraine
Epilepsy
Others

Global Legal Cannabis for Medical Use Market: Major Players
BOL Pharma
Tilray
Medreleaf Corporation
Aurora Cannabis, Inc
Canopy Growth Corporation
Insys Therapeutics, Inc
Aphria, Inc
MGC Pharmaceuticals Limited
GW Pharmaceuticals, plc
Medical Marijuana Inc
Medipharm Labs

Global Legal Cannabis for Medical Use Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Legal Cannabis for Medical Use market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Legal Cannabis for Medical Use would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Legal Cannabis for Medical Use Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Legal Cannabis for Medical Use Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Legal Cannabis for Medical Use Revenue by Type: 2017 Versus 2022 Versus 2032
1.2.2 Tetrahydrocannabinol (THC)
1.2.3 Cannabidiol (CBD)
1.3 Market Analysis by Application
1.3.1 Overview: Global Legal Cannabis for Medical Use Revenue by Application: 2017 Versus 2022 Versus 2032
1.3.2 Cancer
1.3.3 Arthritis
1.3.4 Migraine
1.3.5 Epilepsy
1.3.6 Others
1.4 Global Legal Cannabis for Medical Use Market Size & Forecast
1.4.1 Global Legal Cannabis for Medical Use Sales in Value (2017-2032))
1.4.2 Global Legal Cannabis for Medical Use Sales in Volume (2017-2032)
1.4.3 Global Legal Cannabis for Medical Use Price by Type (2017-2032) & (US$/Unit)
1.5 Global Legal Cannabis for Medical Use Production Capacity Analysis
1.5.1 Global Legal Cannabis for Medical Use Total Production Capacity (2017-2032)
1.5.2 Global Legal Cannabis for Medical Use Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Legal Cannabis for Medical Use Market Drivers
1.6.2 Legal Cannabis for Medical Use Market Restraints
1.6.3 Legal Cannabis for Medical Use Trends Analysis
2 Manufacturers Profiles
2.1 BOL Pharma
2.1.1 BOL Pharma Details
2.1.2 BOL Pharma Major Business
2.1.3 BOL Pharma Legal Cannabis for Medical Use Product and Services
2.1.4 BOL Pharma Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.2 Tilray
2.2.1 Tilray Details
2.2.2 Tilray Major Business
2.2.3 Tilray Legal Cannabis for Medical Use Product and Services
2.2.4 Tilray Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.3 Medreleaf Corporation
2.3.1 Medreleaf Corporation Details
2.3.2 Medreleaf Corporation Major Business
2.3.3 Medreleaf Corporation Legal Cannabis for Medical Use Product and Services
2.3.4 Medreleaf Corporation Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.4 Aurora Cannabis, Inc
2.4.1 Aurora Cannabis, Inc Details
2.4.2 Aurora Cannabis, Inc Major Business
2.4.3 Aurora Cannabis, Inc Legal Cannabis for Medical Use Product and Services
2.4.4 Aurora Cannabis, Inc Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.5 Canopy Growth Corporation
2.5.1 Canopy Growth Corporation Details
2.5.2 Canopy Growth Corporation Major Business
2.5.3 Canopy Growth Corporation Legal Cannabis for Medical Use Product and Services
2.5.4 Canopy Growth Corporation Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.6 Insys Therapeutics, Inc
2.6.1 Insys Therapeutics, Inc Details
2.6.2 Insys Therapeutics, Inc Major Business
2.6.3 Insys Therapeutics, Inc Legal Cannabis for Medical Use Product and Services
2.6.4 Insys Therapeutics, Inc Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.7 Aphria, Inc
2.7.1 Aphria, Inc Details
2.7.2 Aphria, Inc Major Business
2.7.3 Aphria, Inc Legal Cannabis for Medical Use Product and Services
2.7.4 Aphria, Inc Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.8 MGC Pharmaceuticals Limited
2.8.1 MGC Pharmaceuticals Limited Details
2.8.2 MGC Pharmaceuticals Limited Major Business
2.8.3 MGC Pharmaceuticals Limited Legal Cannabis for Medical Use Product and Services
2.8.4 MGC Pharmaceuticals Limited Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.9 GW Pharmaceuticals, plc
2.9.1 GW Pharmaceuticals, plc Details
2.9.2 GW Pharmaceuticals, plc Major Business
2.9.3 GW Pharmaceuticals, plc Legal Cannabis for Medical Use Product and Services
2.9.4 GW Pharmaceuticals, plc Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.10 Medical Marijuana Inc
2.10.1 Medical Marijuana Inc Details
2.10.2 Medical Marijuana Inc Major Business
2.10.3 Medical Marijuana Inc Legal Cannabis for Medical Use Product and Services
2.10.4 Medical Marijuana Inc Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.11 Medipharm Labs
2.11.1 Medipharm Labs Details
2.11.2 Medipharm Labs Major Business
2.11.3 Medipharm Labs Legal Cannabis for Medical Use Product and Services
2.11.4 Medipharm Labs Legal Cannabis for Medical Use Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
3 Legal Cannabis for Medical Use Sales by Manufacturer
3.1 Global Legal Cannabis for Medical Use Sales in Volume by Manufacturer (2017-2022e)
3.2 Global Legal Cannabis for Medical Use Revenue by Manufacturer (2017-2022e)
3.3 Key Manufacturer Market Position in Legal Cannabis for Medical Use
3.4 Market Concentration Rate
3.4.1 Top 3 Legal Cannabis for Medical Use Manufacturer Market Share
3.4.2 Top 6 Legal Cannabis for Medical Use Manufacturer Market Share
3.5 Global Legal Cannabis for Medical Use Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Legal Cannabis for Medical Use Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Legal Cannabis for Medical Use Market Size by Region
4.1.1 Global Legal Cannabis for Medical Use Sales in Volume by Region (2017-2032)
4.1.2 Global Legal Cannabis for Medical Use Revenue by Region (2017-2032)
4.2 North America Legal Cannabis for Medical Use Revenue (2017-2032)
4.3 Europe Legal Cannabis for Medical Use Revenue (2017-2032)
4.4 Asia-Pacific Legal Cannabis for Medical Use Revenue (2017-2032)
4.5 South America Legal Cannabis for Medical Use Revenue (2017-2032)
4.6 Middle East and Africa Legal Cannabis for Medical Use Revenue (2017-2032)
5 Market Segment by Type
5.1 Global Legal Cannabis for Medical Use Sales in Volume by Type (2017-2032)
5.2 Global Legal Cannabis for Medical Use Revenue by Type (2017-2032)
5.3 Global Legal Cannabis for Medical Use Price by Type (2017-2032)
6 Market Segment by Application
6.1 Global Legal Cannabis for Medical Use Sales in Volume by Application (2017-2032)
6.2 Global Legal Cannabis for Medical Use Revenue by Application (2017-2032)
6.3 Global Legal Cannabis for Medical Use Price by Application (2017-2032)
7 North America by Country, by Type, and by Application
7.1 North America Legal Cannabis for Medical Use Sales by Type (2017-2032)
7.2 North America Legal Cannabis for Medical Use Sales by Application (2017-2032)
7.3 North America Legal Cannabis for Medical Use Market Size by Country
7.3.1 North America Legal Cannabis for Medical Use Sales in Volume by Country (2017-2032)
7.3.2 North America Legal Cannabis for Medical Use Revenue by Country (2017-2032)
7.3.3 United States Market Size and Forecast (2017-2032)
7.3.4 Canada Market Size and Forecast (2017-2032)
7.3.5 Mexico Market Size and Forecast (2017-2032)
8 Europe by Country, by Type, and by Application
8.1 Europe Legal Cannabis for Medical Use Sales by Type (2017-2032)
8.2 Europe Legal Cannabis for Medical Use Sales by Application (2017-2032)
8.3 Europe Legal Cannabis for Medical Use Market Size by Country
8.3.1 Europe Legal Cannabis for Medical Use Sales in Volume by Country (2017-2032)
8.3.2 Europe Legal Cannabis for Medical Use Revenue by Country (2017-2032)
8.3.3 Germany Market Size and Forecast (2017-2032)
8.3.4 France Market Size and Forecast (2017-2032)
8.3.5 United Kingdom Market Size and Forecast (2017-2032)
8.3.6 Russia Market Size and Forecast (2017-2032)
8.3.7 Italy Market Size and Forecast (2017-2032)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific Legal Cannabis for Medical Use Sales by Type (2017-2032)
9.2 Asia-Pacific Legal Cannabis for Medical Use Sales by Application (2017-2032)
9.3 Asia-Pacific Legal Cannabis for Medical Use Market Size by Region
9.3.1 Asia-Pacific Legal Cannabis for Medical Use Sales in Volume by Region (2017-2032)
9.3.2 Asia-Pacific Legal Cannabis for Medical Use Revenue by Region (2017-2032)
9.3.3 China Market Size and Forecast (2017-2032)
9.3.4 Japan Market Size and Forecast (2017-2032)
9.3.5 Korea Market Size and Forecast (2017-2032)
9.3.6 India Market Size and Forecast (2017-2032)
9.3.7 Southeast Asia Market Size and Forecast (2017-2032)
9.3.8 Australia Market Size and Forecast (2017-2032)
10 South America by Country, by Type, and by Application
10.1 South America Legal Cannabis for Medical Use Sales by Type (2017-2032)
10.2 South America Legal Cannabis for Medical Use Sales by Application (2017-2032)
10.3 South America Legal Cannabis for Medical Use Market Size by Country
10.3.1 South America Legal Cannabis for Medical Use Sales in Volume by Country (2017-2032)
10.3.2 South America Legal Cannabis for Medical Use Revenue by Country (2017-2032)
10.3.3 Brazil Market Size and Forecast (2017-2032)
10.3.4 Argentina Market Size and Forecast (2017-2032)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Legal Cannabis for Medical Use Sales by Type (2017-2032)
11.2 Middle East & Africa Legal Cannabis for Medical Use Sales by Application (2017-2032)
11.3 Middle East & Africa Legal Cannabis for Medical Use Market Size by Country
11.3.1 Middle East & Africa Legal Cannabis for Medical Use Sales in Volume by Country (2017-2032)
11.3.2 Middle East & Africa Legal Cannabis for Medical Use Revenue by Country (2017-2032)
11.3.3 Turkey Market Size and Forecast (2017-2032)
11.3.4 Egypt Market Size and Forecast (2017-2032)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2032)
11.3.6 South Africa Market Size and Forecast (2017-2032)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Legal Cannabis for Medical Use Typical Distributors
12.3 Legal Cannabis for Medical Use Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
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  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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