Global Medical Cannabis Market, by Inflammatory Pain (USD Million), 2018-2027

Year ASIA-PACIFIC MIDDLE EAST & AFRICA
2018 $ 7.46 $ 2.48
2019 $ 1.73 $ 2.24
2020 $ 5.38 $ 4.57
2021 $ 9.45 $ 7.54
2022 $ 20.23 $ 11.18
2023 $ 35.06 $ 15.79
2024 $ 53.52 $ 21.7
2025 $ 73.71 $ 30.29
2026 $ 93.56 $ 39.06
2027 $ 111.45 $ 49.3
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Global Medical Cannabis Market, by Inflammatory Pain (USD Million), 2018-2027

Synopsis
The above chart is Global Medical Cannabis Market, by Inflammatory Pain (USD Million), 2018-2027

Market Dynamics

the global medical cannabis market has witnessed a significant rise in demand in recent years, driven by various factors, such as increasing prevalence of inflammatory pain conditions, growing awareness and acceptance of medical cannabis, and legalization of cannabis for medical purposes in several countries. inflammatory pain refers to the pain caused by inflammation in the body, which can result from various medical conditions, such as arthritis, multiple sclerosis, and inflammatory bowel disease. these conditions are often associated with chronic pain, and traditional pain medications may not provide effective relief or may come with severe side effects. as a result, an increasing number of patients are turning to medical cannabis as an alternative treatment option for managing their symptoms. cannabis contains various chemical compounds, known as cannabinoids, which have been shown to have anti-inflammatory properties. cannabidiol (cbd) and tetrahydrocannabinol (thc) are two of the most well-known cannabinoids found in cannabis. cbd does not have psychoactive effects and has been found to have anti-inflammatory and pain-relieving properties, making it a promising treatment option for inflammatory pain conditions. thc, on the other hand, is psychoactive and has also been found to have pain-relieving properties. moreover, the rising adoption of medical cannabis for inflammatory pain is also being driven by increasing awareness and acceptance among healthcare professionals and patients. in the past, the use of cannabis for medical purposes was highly stigmatized and regulated. however, with growing research and clinical evidence supporting its efficacy, there has been a shift in attitudes towards the use of medical cannabis. healthcare professionals are now more open to considering medical cannabis as a treatment option for their patients, and patients are also more willing to try it. furthermore, the legalization of cannabis for medical purposes in various countries has also played a crucial role in the growth of the medical cannabis market. the legalization has increased access to medical cannabis for patients, leading to an increase in demand. in addition, the regulatory framework and infrastructure for the production and distribution of medical cannabis are constantly evolving and becoming more streamlined, making it easier for patients to access medical cannabis. in conclusion, the demand for medical cannabis for the management of inflammatory pain is on the rise, driven by factors such as the effectiveness of cannabinoids in managing pain and inflammation, increasing awareness and acceptance, and legalization in various countries. as more research is conducted and regulations become more favorable, the demand for medical cannabis is expected to continue to grow in the coming years.

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