Global Medical Cannabis Market


Product Code: GH02519R Industry: Region:

According to Gen Consulting Company, the global medical cannabis market is set to achieve an incremental growth of USD 6 billion, acelerating at a CAGR of almost 9.8% during the forecast period 2022-2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global medical cannabis market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the medical cannabis industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, derivative, route of administration, application, distribution channel, and region. The global market for medical cannabis can be segmented by product: dissolvables and powders, oils, ointments and creams, solids. Globally, the dissolvables and powders segment made up the largest share of the medical cannabis market. Medical cannabis market is further segmented by derivative: cannabidiol, tetrahydrocannabinol. Based on route of administration, the medical cannabis market is segmented into: inhalation, oral, topical. On the basis of application, the medical cannabis market also can be divided into: management of neurological disorders, mental health, pain management. Medical cannabis market by distribution channel is categorized into: hospitals, online pharmacies, pharmacies. The medical cannabis market by region can be segmented into: North America, Europe, Asia-Pacific, Rest of the World.

By product:
– dissolvables and powders
– oils
– ointments and creams
– solids

By derivative:
– cannabidiol
– tetrahydrocannabinol

By route of administration:
– inhalation
– oral
– topical

By application:
– management of neurological disorders
– mental health
– pain management

By distribution channel:
– hospitals
– online pharmacies
– pharmacies

By region:
– North America
– Europe
– Asia-Pacific
– Rest of the World

The report also provides a detailed analysis of several leading medical cannabis market vendors that include Aurora Cannabis Inc., Cannabis Sativa, Inc., Canopy Growth Corporation, Cara Therapeutics, Inc., Emerald Health Therapeutics, Inc., GB Sciences, Inc., GW Pharmaceuticals plc, InterCure Ltd., Medical Marijuana, Inc., Tilray Brands, Inc., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global medical cannabis market.
– To classify and forecast the global medical cannabis market based on product, derivative, route of administration, application, distribution channel, region.
– To identify drivers and challenges for the global medical cannabis market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global medical cannabis market.
– To identify and analyze the profile of leading players operating in the global medical cannabis market.

Why Choose This Report
– Gain a reliable outlook of the global medical cannabis market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.

Global Medical Cannabis Market

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Global Medical Cannabis Market - Report Scope


Base Year


Forecast Year


CAGR (2022-2028)




Key Players

Aurora Cannabis Inc., Cannabis Sativa Inc., Canopy Growth Corporation, Cara Therapeutics Inc., Emerald Health Therapeutics Inc., GB Sciences Inc., GW Pharmaceuticals plc, InterCure Ltd., Medical Marijuana Inc., Tilray Brands Inc.

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