Covid-19 Impact on Medical Marijuana Market to Witness Steady Growth through 2026 - PowerPoint PPT Presentation

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Covid-19 Impact on Medical Marijuana Market to Witness Steady Growth through 2026


The Medical Marijuana Market is estimated to grow from USD 21.1 billion in 2020 to USD 53.0 billion by 2026 at a healthy CAGR of 17% during the forecast period. – PowerPoint PPT presentation

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Title: Covid-19 Impact on Medical Marijuana Market to Witness Steady Growth through 2026

Presents a Research Report on Medical Marijuana
The report on the Global Medical Marijuana Market
is segmented by Type (Buds, Oils, Tinctures), By
Application (Chronic Pain, Mental Disorders,
Cancer, Others), By End-User (Hospitals and
Specialty Wound Care Clinics, Long Term Care
Facilities, Home Healthcare), and Region. It also
covers the COVID-19 Impact Analysis and Forecast
to 2026.
Market Reports
Advisory Consulting
Sourcing Intelligence
Medical Marijuana Market Highlights Drivers
  • The Medical Marijuana Market is estimated to grow
    from USD 21.1 billion in 2020 to USD 53.0
    billion by 2026 at a healthy CAGR of 17 during
    the forecast period.
  • Market Dynamics
  • The global market growth is primarily driven by
    the increasing usage of medical marijuana in
    various medical applications including mental
    disorders, arthritis, chronic pain, and cancer
    among others.
  • The continuous investment in research and
    development activities to provide intervention
    for various diseases and symptoms is likely to
    boost the product demand at a significant rate.
  • The increase in several countries legalizing the
    use of marijuana for medical and recreational
    purposes is likely to create lucrative
    opportunities for the market players.

Market Segmentation
  • Segment Analysis
  • Application Trends
  • Based on application, the market has been divided
    into chronic pain, mental disorders, cancer, and
  • The chronic pain segment accounted for the
    largest share in 2020 on account of increasing
    number of clinical trials using marijuana to
    treat chronic pain.
  • The cancer segment is projected to grow at the
    fastest CAGR during the review period.
  • Regional Trends
  • The market in North America accounted for the
    largest market share of around 45 in 2020 due to
    presence of key market players such as Medical
    Marijuana, Inc. (US), Canopy Growth Corporation
    (Canada) and Aurora Cannabis Inc. (Canada).
  • Additionally, an increasing number of states
    legalizing the use of marijuana for medical
    purposes in the US is likely to play a
    significant role in the regional market growth. 
    The market in the Asia-Pacific region is
    projected to register a healthy growth rate on
    account of rising awareness regarding product
    benefits, particularly in China and India.

Competitive Insights
  • Key Players
  • Tilray (The U.S),
  • Canopy Growth Corporation (Canada),
  • Aurora Cannabis Inc. (Canada),
  • Maricann Group Inc. (Canada),
  • Aphria Inc. (Canada),
  • Tikun Olam (Israel),
  • GW Pharmaceuticals (UK),
  • Cannabis Sativa (The U.S),
  • Medical Marijuana, Inc. (The U.S), and
  • MedReleaf Corp. (The U.S).

Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
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Rich Industry Experience
Robust Methodology
Effective Business Decisions
Contact Us for More Information and Sample Pages
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