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The Missouri medical cannabis market size is estimated to be valued at USD 102.4 million in 2026 and is predicted to register a lucrative CAGR of 22.0% over the forecast period, according to a new study by Grand View Research, Inc. Legalization of marijuana for medical applications and growing number of patients qualifying for the same is expected to boost the market in Missouri. Based on product type, the market is divided into buds, oil, and tinctures. The buds segment is anticipated to hold the largest market share in 2020 with a revenue of USD 20.6 million. Buds being the primary plant product, can be used readily without any processing, which makes it relatively affordable for low-income patients. Moreover, easy availability of buds as compared to other cannabis products is further anticipated to increase their adoption in the state. Based on application, the chronic pain segment is expected to dominate the Missouri market in 2020 owing to a large patient pool. On the other hand, the mental disorder application is expected to witness fastest growth over the forecast period owing to increasing number of patients suffering from neurological conditions such as anxiety disorder, depression, and Alzheimer's disease. For instance, according to the Missouri Foundation for Health, around 110,000 people over 65 years and above were suffering from Alzheimer's disease in 2010 and the number is expected to increase to 130,000 by the end of 2025. Request a Free Sample Copy of Missouri Medical Cannabis Market Report @ https://www.radiantinsights.com/research/missouri-medical-cannabis-market/request-sample Further key findings from the report suggest: • Buds are anticipated to dominate the Missouri medical cannabis market in 2020, as they can be readily used by patients for smoking. This helps alleviate chronic pain associated with various ailments • The oil segment is anticipated to witness the fastest growth by 2026 owing to increasing adoption of oil as a healthier alternative to smoking marijuana • The chronic pain application segment is anticipated to remain the dominant throughout the forecast period thanks to increasing patient pool Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List to Data Sources Chapter 2 Executive Summary Chapter 3 Missouri Medical Cannabis Market: Opportunity Analysis 3.1 Opportunity Analysis Chapter 4 Missouri Medical Cannabis Market, By Product Type, 2020 to 2026 Chapter 5 Missouri Medical Cannabis Market, By Medical Application, 2020 to 2026 Chapter 6 SWOT Analysis 6.1 Strengths 6.2 Weakness 6.3 Opportunities 6.4 Threats The report “Missouri Medical Cannabis Market” is available now at https://www.radiantinsights.com/research/missouri-medical-cannabis-market Chapter 7 PESTLE Analysis 7.1 Political & Legal 7.2 Economic 7.3 Social 7.4 Technological 7.5 Environmental Chapter 8 Patient Pool Analysis 8.1 List of Qualifying Conditions Chapter 9 Missouri Medical Cannabis Market, Regulatory Scenario 9.1 Possession 9.2 Purchasing limits 9.3 Consumption 9.4 Export and Transport of Cannabis 9.5 Cultivation Chapter 10 Missouri Medical Cannabis Market, Value Chain Analysis Chapter 11 Case Studies 11.1 Doctor's perspective, taxation, and impact of legalization toward consumption of cannabis for target indication
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The U.S. hospice market size is expected to reach USD 53.2 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.3% over the forecast period. Rising healthcare expenditure, awareness about the benefits of the hospices, and favorable reimbursements are some of the major growth drivers. According to the U.S. Centers for Medicare & Medicaid Services, the U.S. healthcare spending increased by 4.6% and reached USD 3.5 trillion in 2017. It is projected to reach USD 6.0 trillion by 2026. According to the Centers for Disease Control and Prevention (CDC), the number of hospice care agencies in U.S. reached 4,500 by 2018 from 4,300 in 2016. According to the Hospice Demographic and Outcome Measures Report, the percentage of accredited hospices reached 63% in 2017. In addition, a substantial growth in the use of these benefits among the Medicare beneficiaries is anticipated to boost the market growth. According to the National Hospice and Palliative Care Organization, in 2017, USD 18 billion were spent by Medicare on hospice services. Request a Free Sample Copy of Hospice Market Report @ https://www.radiantinsights.com/research/us-hospice-market/request-sample Rising demand for remote patient monitoring coupled with technological advancements, such as tele hospice are anticipated to drive the U.S. hospice market in near future. Approximately 10,000 physicians are required in hospice and palliative care in U.S. Telemedicine technology is an ideal alternative to reduce this gap. Videoconferences with the help of laptops and iPads help physicians to offer optimal support and advice to caregivers or patients doubtful for treatment in emergency cases. Further key findings from the report suggest: • By location, hospice center segment held the maximum market share in 2018 since it prevents the need for hospitalization and offers a more balanced and controlled care settings • Home hospice care is anticipated to be the fastest-growing segment during the forecast period due to comfortable environment to the patient, favorable reimbursement, with constant care provided to the patient • Routine home care segment accounted for the largest market share in 2018 owing to the factors, such as increased medical coverage, low cost of care, along with the access to quality care, companionship, family involvement, and constant attention to the patients • Dementia segment dominated the U.S. hospice market in 2018 due to high prevalence and need for the care driven by increased mental impairment and dependency • Few of the key market players include Kindred Healthcare, Inc.; Chemed Corporation; Amedisys, Inc.; LHC Group Inc.; Brookdale Senior Living Solutions; Senior Care Health Rehabilitation; Seasons Hospice & Palliative Care; Crossroads Hospice; AccentCare; and Curo Health Services The report “Hospice Market” is available now at https://www.radiantinsights.com/research/us-hospice-market Table of Contents Chapter 1 Methodology and Scope 1.1 Market Segmentation & Scope 1.1.1 Type 1.1.2 Location 1.1.3 Diagnosis 1.1.4 Estimates and Forecast Timeline 1.2 Research Methodology 1.3 Information Procurement 1.3.1 Purchased Database: 1.3.2 GVR's Internal Database 1.3.3 Secondary Sources 1.3.4 Primary Research 1.4 Information or Data Analysis 1.5 Market Formulation & Validation 1.6 Model Details 1.6.1 Commodity Flow Analysis 1.6.2 Volume Price Analysis 1.7 List of Secondary Sources 1.8 List of Abbreviations 1.9 Objectives 1.9.1 Objective - 1 1.9.2 Objective - 2 Chapter 2 Executive Summary 2.1 Market Outlook 2.2 Segment Outlook 2.2.1 Type 2.2.2 Location 2.2.3 Diagnosis 2.3 Competitive Insights To read more reports of this category, Visit our blog: http://technologymediamarketresearchreports.blogspot.com About Radiant Insights, Inc Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake. |
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