Global Medical Cannabis Market, by Parkinson’s Disease (USD Million), 2018-2027

Year ASIA-PACIFIC MIDDLE EAST & AFRICA
2018 $ 0.16 $ 0.05
2019 $ 0.17 $ 0.22
2020 $ 0.55 $ 0.46
2021 $ 1.01 $ 0.8
2022 $ 2.25 $ 1.24
2023 $ 4.09 $ 1.84
2024 $ 6.53 $ 2.65
2025 $ 9.41 $ 3.87
2026 $ 12.49 $ 5.22
2027 $ 15.56 $ 6.88
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Global Medical Cannabis Market, by Parkinson’s Disease (USD Million), 2018-2027

Synopsis
The above chart is Global Medical Cannabis Market, by Parkinson’s Disease (USD Million), 2018-2027

Market Dynamics

the global medical cannabis market has been on the rise in recent years, and much of this growth can be attributed to the demand from patients with parkinson’s disease. parkinson’s disease is a progressive disorder of the nervous system that affects movement and can also cause other physical and cognitive symptoms. it is estimated that over 10 million people worldwide are living with parkinson’s disease, and this number is expected to double by 2040. as such, there is a growing demand for effective treatments that can help manage the symptoms and improve the quality of life for these patients. one of the most significant benefits of medical cannabis for parkinson’s disease is its ability to alleviate symptoms such as tremors, stiffness, and slowed movement. studies have shown that cannabis can reduce these motor symptoms and improve mobility in patients with parkinson’s disease. this is due to the plant’s various cannabinoids, including tetrahydrocannabinol (thc) and cannabidiol (cbd), which act on the brain’s endocannabinoid system to regulate movement and motor control. in addition to improving motor symptoms, medical cannabis has also been shown to have a positive impact on non-motor symptoms of parkinson’s disease, such as pain, sleep disturbances, and depression. these symptoms can be particularly debilitating for patients and greatly affect their quality of life. by using medical cannabis, patients have reported a significant reduction in pain and improved sleep, leading to an overall improvement in their well-being. furthermore, medical cannabis has a better safety profile compared to traditional medications used to treat parkinson’s disease. many of these medications can cause adverse side effects and interactions with other drugs, making them challenging to manage. in contrast, medical cannabis has a relatively low risk of side effects and is not known to have any significant interactions with other medications. this is especially important for older patients who may be taking multiple medications for their parkinson’s disease and other health conditions. the increasing demand for medical cannabis for parkinson’s disease has prompted governments and regulatory bodies to legalize its use in many countries around the world. this has led to a growing market for medical cannabis, with a wide range of products tailored to the specific needs of parkinson’s patients. as more research is conducted on the efficacy of medical cannabis for parkinson’s disease, we can expect the demand to continue to rise and potentially revolutionize the treatment options for this debilitating condition.

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