Visual Capitalist July 7, 2021
When Big Data and Plant-Based Medical Treatments Collide
Plant-based medical treatments are gaining popularity, as consumers become increasingly more privy to their various health benefits.
By 2030, the global botanical and plant-derived drug market is expected to reach $37.8 billion, at a compound annual growth rate (CAGR) of 3.5%.
Yet, while its future looks promising, the industry still some roadblocks to overcome. This graphic by RYAH MedTech looks at the key issues the plant-based medical industry is facing, and how big data can help solve them.
Key Industry Roadblocks
Plant-based treatments—such as medical cannabis—have come a long way in recent years. However, inconsistencies in regulation and dosage are making it hard for the industry to reach its full potential.
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