An international Medical Cannabis marketing report lends a hand to identify how the market is going to perform in the forecast years by providing information about market definition, classifications, applications, and engagements. A complete discussion about numerous market related topics in this market research report is sure to aid the client in studying the market on competitive landscape. This market report spans different segments of the market analysis that today’s business demand. The data and information collected with the research is generally quite a huge and is also in a complex form. However, such intricate market insights are turned into simpler version with the help of proven tools


Thailand medical cannabis market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 25.16% in the forecast period of 2021 to 2028 and is expected to reach USD 67,354.01 million by 2028.

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Market Overview

Thailand medical cannabis market is segmented on the basis of basis of product, source, species, derivatives, application, route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Some of the major players operating in the Ultrasonic Testing market are:

·        Tilray,

·        Elixinol Thailand Limited,

·        Medical Marijuana, Inc., Extractas, Peace Naturals Project Inc., BOL Pharma, PharmaHemp, Kiehl’s (A Subsidiary of L'ORÉAL),


 Global Ultrasonic Testing Market Scope

Global Thailand medical cannabis market is segmented on the basis of basis of product, source, species, derivatives, application, route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

·       On the basis of product, Thailand medical cannabis market is segmented into oil, medical cannabis capsules, patch, whole flower, ground flower, vape pen, dried medical cannabis, creams & moisturizer, mask & serum, cleanser and others. In 2021, oil segment is expected to dominate the market due to high technology adoption by key players in the market.

·       On the basis of source, Thailand medical cannabis market is segmented into synthetic and natural. In 2021, synthetic segment is expected to dominate the market because of increasing healthcare expenditure.

·       On the basis of species, Thailand medical cannabis market is segmented into cannabis indica, sativa and hybrid. In 2021, cannabis indica segment is expected to dominate the market because of increased medicinal use of cannabis.

·       On the basis of derivatives, Thailand medical cannabis market is segmented into cannabidiol (CBD), tetrahydrocannabinol (THC)/delta-8-tetrahydrocannabinol, cannabinol, cannabigerol (CBG) and others. In 2021, cannabidiol (CBD) segment is expected to dominate the market due to increasing demand of medical marijuana products in the market.

·       On the basis of application, Thailand medical cannabis market is segmented into Alzheimer’s disease, appetite loss, cancer, epilepsy, autism, mental health conditions, multiple sclerosis, pain management, nausea, muscle spasms, arthritis, elevate mood, multiple sclerosis, depression and sleep disorders, anxiety and others. In 2021, Alzheimer’s disease segment is expected to dominate the market because of increasing R&D activities.

·       On the basis of route of administration, Thailand medical cannabis market is segmented into oral solutions and capsules, smoking, vaporizers, topicals and others. In 2021, oral solutions and capsules segment is expected to dominate market because of rising prevalence of chronic diseases.

·       On the basis of end user, Thailand medical cannabis market is segmented into pharmaceutical industry, research and development centres, homecare settings, hospital and rehab centres and others. In 2021, pharmaceutical industry segment is expected to dominate the market because of increasing geriatric population and prevalence of chronic diseases.

·       On the basis of distribution channel, Thailand medical cannabis market is segmented into B2B, B2C. In 2021, B2B segment is expected to dominate the market because of increasing demand of cannabis for medical and clinical purposes.


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