UK Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Year SOLIDS DISSOLVABLES/POWDERS OIL OINTMENTS & CREAMS
2018 $ 1.28 $ 3.51 $ 2.64 $ 0.44
2019 $ 1.36 $ 3.75 $ 2.85 $ 0.47
2020 $ 1.41 $ 3.91 $ 3.0 $ 0.5
2021 $ 2.91 $ 8.1 $ 6.3 $ 1.03
2022 $ 5.02 $ 14.05 $ 11.04 $ 1.8
2023 $ 8.58 $ 24.13 $ 19.16 $ 3.11
2024 $ 14.55 $ 41.15 $ 33.02 $ 5.34
2025 $ 30.64 $ 87.15 $ 70.68 $ 11.37
2026 $ 41.99 $ 120.14 $ 98.46 $ 15.76
2027 $ 56.18 $ 161.7 $ 133.9 $ 21.33
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UK Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Synopsis
The above chart is UK Medical Cannabis Market, by Product Type (USD Million), 2018-2027

Market Dynamics

the demand for medical cannabis in the uk has been steadily increasing in recent years. this can be attributed to a growing awareness and acceptance of the potential medical benefits of cannabis, as well as changes in legislation that have made it easier for patients to access this alternative form of medication. the uk medical cannabis market has seen a significant rise in demand, with more and more patients seeking out this form of treatment for a variety of ailments. one of the key factors driving the demand for medical cannabis in the uk is the variety of product types now available. gone are the days when cannabis was solely associated with smoking or recreational use. today, medical cannabis comes in various forms, each with their own unique benefits and qualities. one product type that has seen a surge in demand is cbd oil. cbd (cannabidiol) is a non-psychoactive compound found in cannabis, which has been praised for its potential therapeutic effects. cbd oil is extracted from the hemp plant and is available in various strengths and formulations. it can be taken orally, applied topically, or even inhaled through a vaporizer. the versatility and potential health benefits of cbd oil have made it a highly sought after product in the uk medical cannabis market. another popular product type is capsules or tablets containing either cbd or thc (tetrahydrocannabinol), the psychoactive compound found in cannabis. these forms of medical cannabis offer a discreet and convenient way for patients to consume their medication. they are also a popular choice for those who are hesitant about smoking or vaping. topical creams and ointments infused with cannabinoids have also gained popularity in the uk medical cannabis market. these products are predominantly used for localized pain relief and can be effective for conditions such as arthritis and muscle soreness. additionally, there is a growing demand for edible and drinkable forms of medical cannabis, such as gummies, chocolates, and tea. these products provide an alternative to smoking or vaping and are a more palatable option for patients who dislike the taste or smell of cannabis. in conclusion, the demand for medical cannabis in the uk has been driven by the availability of various product types. with more options to choose from, patients are able to find a form of medication that suits their needs and preferences. this has only strengthened the demand for medical cannabis in the uk and is expected to continue to grow in the future.

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