# The Handheld Marijuana Medical Vaporizer Market To Justify The Digital Transformation
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-12-07
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Handheld Marijuana Medical Vaporizer Market Report: Trends
Meta Description: Discover the booming handheld marijuana medical vaporizer market with portable, high-end products favoured by millennials. Get a sample report now!
URL: https://financedigest.com/the-handheld-marijuana-medical-vaporizer-market-to-justify-the-digital-transformationhtml

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Vaporizing using electronic devices and conventional smoking are the two methods of marijuana consumption. Portability, flexibility, and temperature control features have led to the shift of consumers toward handheld vaporizers from conventional methods, which has boosted demand for handheld marijuana medical vaporizers. Vaping devices as well as e-cigarettes are prominent devices that are preferred by a large part of the population, especially by the younger generation, which is significantly aiding [market expansion](https://www.financedigest.com/rapid-expansion-projected-for-metallized-films-market-during-2018-2028-at-a-cagr-of-5-1.html "Rapid Expansion Projected for Metallized Films Market during (2018- 2028) at a CAGR of 5.1%").

**Planning Forward? Access Sample of Handheld Marijuana Medical Vaporizer Market Report @** [**https://www.persistencemarketresearch.com/samples/32415**](https://www.persistencemarketresearch.com/samples/32415)

Prominent players are now diversifying into other profitable segments; metered medical vaporizers being a classic example. Companies in the vaporizer industry are diversifying their portfolios and focusing on high-end products, along with [profitable categories with rising demand](https://www.financedigest.com/samsungs-quarterly-profit-plunges-to-8-year-low-on-demand-slump.html "Samsung’s quarterly profit plunges to 8-year low on demand slump"). Demand for portable products is at an all-time high, especially because the millennial population. Demand for metered vaporizers from European countries is visibly increasing, and the main factors paving way for this demand are growing consumer awareness of metered dosages coupled with initiatives by vaporizers manufacturers to replace non-metered with metered variants.

On the back of these factors, global sales of [handheld marijuana medical vaporizers](https://www.persistencemarketresearch.com/market-research/handheld-marijuana-medical-vaporizer-market.asp) are expected to top US$ 26 Bn in 2031. According to the report by Persistence [Market Research, the market is estimated to register an impressive CAGR of close to 22% during the forecast period of 2021-2031](https://www.financedigest.com/metrology-software-market-will-increase-at-a-cagr-of-7-0-from-2021-2031.html "Metrology Software Market will increase at a CAGR of 7.0% from 2021-2031.").

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**[Key Takeaways](https://www.financedigest.com/5-key-takeaways-from-the-finance-sectors-digital-transformation-revolution.html "5 Key Takeaways From the Finance Sector’s Digital Transformation Revolution") from Market Study**

- The handheld marijuana [medical vaporizer market](https://www.financedigest.com/medical-and-industrial-gloves-market.html "Medical And Industrial Gloves Market") is projected to expand 8.5X in value over the next ten years.
- The market is considerably fragmented, resulting in moderate bargaining power for customers, due to a large number of players in the market. Key market players are involved in marking their presence through [partnerships with leading global](https://www.financedigest.com/cavai-and-mediamath-announce-global-partnership-to-deliver-conversational-advertising-programmatically.html "Cavai and MediaMath announce global partnership to deliver conversational advertising programmatically") players.
- Persistence [Market Research identifies North America as the largest market for handheld marijuana medical](https://www.financedigest.com/isoprene-rubber-latex-market-to-surpass-us-1-6-bn-as-demand-for-medical-gloves-surges-by-9-2-fmi.html "Isoprene Rubber Latex Market to Surpass US$ 1.6 Bn as Demand for Medical Gloves Surges by 9.2%: FMI ") vaporizers, with a share of more than half of the global market, followed by Europe.
- Portable vaporizers is the dominating category in the global handheld marijuana [medical vaporizer market](https://www.financedigest.com/artificial-intelligence-ai-to-catalyze-the-fine-medical-wire-market.html "Artificial Intelligence (AI) to catalyze the Fine Medical Wire Market"). Desktop is, however, anticipated to experience [higher demand growth over the forecast](https://www.financedigest.com/boes-saunders-worries-inflation-will-be-higher-than-forecasts.html "BoE’s Saunders worries inflation will be higher than forecasts") period.
- Non-metered handheld marijuana [medical vaporizers dominate the market](https://www.financedigest.com/the-medical-imaging-equipment-market-to-witness-innovation-oriented-sustenance.html "The Medical Imaging Equipment Market to witness innovation-oriented sustenance"), mainly because of their affordable cost.
- Sales of handheld marijuana medical vaporizers across the U.S. are slated to expand, in value, at a [CAGR of close](https://www.financedigest.com/india-construction-chemicals-market-expanding-at-an-impressive-cagr-of-close-to-14-over-the-forecast-period-of-2021-2031.html "India Construction Chemicals Market expanding at an impressive CAGR of close to 14% over the forecast period of 2021-2031") to 24% from 2021 to 2031, while that in the U.K at over 24%.

**“Apart from medicinal usage, vaporizers are also being allowed for recreational purposes in some countries. Canada has legalised the consumption of recreational marijuana, and such measures are aiding market expansion,”** [says](https://www.financedigest.com/iberdrola-hires-barclays-to-sell-stake-in-spanish-renewable-portfolio-expansion-says.html "Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says") an analyst at Persistence Market Research.

[**COVID-19 Impact on Market**](https://www.financedigest.com/mhealth-m-mobile-to-be-the-buzzword-in-covid-19-saliva-based-screening-market.html "mHealth (m-mobile) to be the buzzword in COVID-19 Saliva-based Screening Market")

With the onset of COVID- 19, use of [cannabis](https://www.persistencemarketresearch.com/market-research/cannabis-products-market.asp) has boomed during the lockdown period at a rapid pace. The [COVID-19 pandemic saw](https://www.financedigest.com/stocks-with-greater-socially-responsible-investor-demand-saw-weaker-losses-during-the-covid-19-crash.html "Stocks with greater socially responsible investor demand saw weaker losses during the COVID-19 crash") an evident shift toward increased manufacturing of vaporizers. Companies restructured their production capacity for each category, [according to demand-side trends](https://www.financedigest.com/what-to-expect-in-2022-financial-services-trends-according-to-salesforce.html "What to expect in 2022? Financial Services Trends, according to Salesforce"). However, exports were restricted fearing the spread of infection, and hence, vaporizer manufacturers experienced a setback in their overseas business. Import of raw materials was also affected owing to varying country policies, challenging the manufacture of vaporizers.

**[Key Market](https://www.financedigest.com/sperm-count-test-kit-market-key-futuristic-top-trends-and-competitive-landscape-by-2031.html "Sperm Count Test Kit Market Key Futuristic Top Trends and Competitive Landscape by 2031") Players**

The report underlines groundbreaking insights into the competitive [scenario of the handheld marijuana medical vaporizer market](https://www.financedigest.com/acrylic-lenses-market-2022-present-scenario-and-growth-prospects-2026.html "Acrylic Lenses Market 2022 | Present Scenario and Growth Prospects 2026"), along with highlights of differential strategies used by manufacturers. Some of the key players identified across the value chain include Storz & Bickel GmbH & Co. KG (Herbalizer Vaporizer), 7th Floor Vaporizers (Da Buddha Vaporizer), Vapir Rise Vaporizer, Storz & Bickel GmbH & Co. KG, DAVINCI, Boundless Technologies LLC (Tera), Hound Labs, Inc., Syqe Medical, Resolve Digital Health, Vapium Inc., Target Group Inc. (Wisp), Puffco, Ardent, ARIZER, FIREFLY, DAVINCI, Arizer Company, PAX Labs, Inc., PressPart, and Merxine **.**

**Planning To Introduce An Offbeat Product/Technology In The Handheld Marijuana Medical Vaporizer Market? Go To “Purchase Now” To Have Our Handheld Marijuana Medical Vaporizer Market Report!** [**https://www.persistencemarketresearch.com/checkout/32415**](https://www.persistencemarketresearch.com/checkout/32415)

**Know More about Report Inclusions**

Persistence Market Research published a new market report on the handheld marijuana medical vaporizer market, covering global [industry analysis](https://www.financedigest.com/children-mattress-market-2022-outlook-current-and-future-industry-landscape-analysis-2028.html "Children Mattress Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028") of 2016-2020 and forecasts for 2021 to 2031. This [research report provides compelling insights on the basis of product type](https://www.financedigest.com/3-essential-types-of-stock-research-tools.html "3 Essential Types of Stock Research Tools"), charger type, feature, and end user, across all major regions of the world.

The report also includes forecast and vital macroeconomic factors that are [anticipated to boost the growth of the global market](https://www.financedigest.com/turpentine-market-anticipated-to-exceed-us-1-51-bn-by-2028-fmi.html "Turpentine Market anticipated to exceed US$ 1.51 Bn by 2028 – FMI"). It also addresses the restraints that are projected to hinder market growth, along with the [latest trends and potential opportunities in the market](https://www.financedigest.com/is-hybrid-the-latest-trend-for-the-multichannel-market-in-2017.html "Is Hybrid The Latest Trend For The Multichannel Market In 2017?").

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