The number of users in the 'Medical Cannabis' segment of the cannabis market in Latin America was forecast to continuously increase between 2024 and 2029 by in total 38.8 thousand users (+13.75 percent). After the twelfth consecutive increasing year, the number of users is estimated to reach 320.9 thousand users and therefore a new peak in 2029. Notably, the number of users of the 'Medical Cannabis' segment of the cannabis market was continuously increasing over the past years.
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Number of users of medical cannabis in Latin America from 2017 to 2029
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Data provided by Statista Market Insights are estimates.
Definition: The Medical Cannabis market encompasses products derived from the cannabis plant specifically used for medical purposes. These products may include dried flowers, oils, tinctures, capsules, and topicals. Depending on the regulations in each country or state, these products are available through medical dispensaries, pharmacies, and/or online platforms. They may be consumed in various ways such as smoking, vaporizing, ingesting, or applying topically.
Structure: The Medical Cannabis market involves cannabinoid-based medicine without marketing authorisation. These unlicensed medicines are supplied through health systems, prescribed by doctors, or used as Active Pharmaceutical Ingredients (API). The API is manipulated and/or compounded by a magistral pharmacy to prepare a cannabinoid-based medicine without marketing authorisation. The Medical Cannabis market includes various forms of cannabis such as flowers, oils, capsules, and topicals.
Additional information: Market values represent the revenues generated by retail prices paid to vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by patients (B2C), healthcare facilities (B2B), and governments (B2G).
Do you have any questions about our business solutions?
We provide you with detailed information about our Professional Account.
Use Statista now:
unlimited access to all content
Learn more about how Statista can support your business.
Statista. (March 26, 2024). Number of users of medical cannabis in Latin America from 2017 to 2029 (in 1,000s) [Graph]. In Statista. Retrieved February 25, 2025, from https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. "Number of users of medical cannabis in Latin America from 2017 to 2029 (in 1,000s)." Chart. March 26, 2024. Statista. Accessed February 25, 2025. https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. (2024). Number of users of medical cannabis in Latin America from 2017 to 2029 (in 1,000s). Statista. Statista Inc.. Accessed: February 25, 2025. https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista. "Number of Users of Medical Cannabis in Latin America from 2017 to 2029 (in 1,000s)." Statista, Statista Inc., 26 Mar 2024, https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america
Statista, Number of users of medical cannabis in Latin America from 2017 to 2029 (in 1,000s) Statista, https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america (last visited February 25, 2025)
Number of users of medical cannabis in Latin America from 2017 to 2029 (in 1,000s) [Graph], Statista, March 26, 2024. [Online]. Available: https://www.statista.com/forecasts/1450683/number-users-medical-cannabis-latin-america
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.