Global Dronabinol Market Research Report 2023(Status and Outlook)

Global Dronabinol Market Research Report 2023(Status and Outlook)

Report Overview

Dronabinol is a form of delta-9-tetrahydrocannabinol (Δ⁹-THC), the primary psychoactive component of cannabis (marijuana). THC demonstrates its effects through weak partial agonist activity at Cannabinoid-1 (CB1R) and Cannabinoid-2 (CB2R) receptors, which results in the well-known effects of smoking cannabis such as increased appetite, reduced pain, and changes in emotional and cognitive processes. Due to its evidence as an appetite stimulant and an anti-nauseant, Dronabinol is approved for use in anorexia associated with weight loss in patients with AIDS and for the treatment of nausea and vomiting associated with cancer chemotherapy in patients who have failed to respond adequately to conventional antiemetic treatments.

Global key players of Dronabinol include Canopy Growth, Noramco, THC Pharm, Echo Pharmaceuticals, BOL Pharma and Aphios Corporation, etc. Top five players occupy for a share about 44%. North America is the largest market, with a share about 58%, followed by Europe and Asia-Pacific. In terms of product, Synthetic Dronabinol is the largest segment, with a share over 86%. In terms of application, Capsule is the largest market, with a share over 66%.

The Global Dronabinol Market Size was estimated at USD 235.10 million in 2022 and is projected to reach USD 362.95 million by 2029, exhibiting a CAGR of 6.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Dronabinol market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Dronabinol Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Dronabinol market in any manner.

Global Dronabinol Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Canopy Growth

Noramco

KinetoChem

Entourage Phytolab

THC Pharm

Echo Pharmaceuticals

BOL Pharma

Aphios Corporation

Benuvia Manufacturing

Market Segmentation (by Type)

Synthetic Dronabinol

Natural Dronabinol

Market Segmentation (by Application)

Hospital

Surgical Centers

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Dronabinol Market

Overview of the regional outlook of the Dronabinol Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors