
The Importance of Clinical Data for the Medical Cannabis Industry
FREMONT, CA – Over the last few years, the clinical data regarding medical cannabis research has burgeoned, necessitating the development of robust systems to analyze critical information. The obstacles hindering the study have been swept aside with the legalization of cannabis consumption for medical and recreational purposes in numerous states across the U.S.
For many years, most of the cannabis-based research was conducted in Israel, and later on, in Canada. The emergence of new markets has sparked new potential for cannabis research. However, accurate data regarding cannabis is required by researchers, physicians, and other stakeholders. In this regard, many organizations in the cannabis sector are collaborating with data technology companies to develop data systems. The cannabis-based systems will aid medical professionals and researchers to keep track of the relevant information.
Check This Out: Top Clinical Data Management Companies
With the opioid crisis plaguing the world of medicine, many organizations are turning toward cannabis as a potential replacement. Several states, including New York, Pennsylvania, and New Jersey are allowing the use of cannabis for pain treatments. Since the successful use of cannabis-based treatment on children suffering from epileptic disorders, many medical organizations are delving into the troves of clinical data to determine the effectiveness of cannabis treatments for different conditions.
The increase in demand for medical cannabis, even among the patients, is driving the growth of the industry. By the year 2023, the global medical cannabis industry is expected to rise to $37 billion at a rate of 22 percent from $11 billion in the year 2017. According to a survey conducted among the clinics, there is an increase in the number of customers inquiring about medical cannabis. Hence, it is imperative that medical institutions have access to accurate clinical information regarding cannabis.
Researchers have come a long way in narrowing the gap in the medical knowledge created by the legal barriers regarding the use of cannabis. The emergence of data solutions has enabled medical professionals to gather a vast amount of information to aid in their treatments. As the research progresses, medical professionals will need focused access to specific information to bolster their medical decisions.
Few Clinical Data Management Companies : Deep 6 AI , MDDX , Novaseek Research , Precision Digital Health
Featured Vendors
BitCare: Technology Infused Healthcare Company Driven to Provide Holistic Preventative And Convenient Services.
Nex Medical Solutions: Introducing Cutting-Edge Preventive Healthcare to the Frontline Practitioners
MedFeeTree: Connecting Healthcare Providers and Billers on an Open-Market Bidding Platform for Faster Claims Resolution
WinWire Technologies - Infusing Technology to Serve the Ultimate Purpose: Empowering Healthcare Companies to Save Lives
Sunquest Information Systems Inc.: Transforming Medical Laboratories into Enterprise Strategic Pillars
Smartlink Mobile Systems: Patient/Provider Mobile Communication App Improves Quality of Care and Ensures Full Compliance with Medicare Chronic Care Management
GSI Health: Enabling Effective Population Health Management through the Marriage of Care Coordination with Analytics
HealthCare Information Management, Inc: Simplifying Healthcare Payer Operations through Claims Automation
Wipro Healthcare & Life Sciences Combining Innovation with Expertise to Redefine Healthcare Delivery
Shareable Ink: Simplified Clinical Documentation for Anesthesia, Providers, Patient Check in &Surgery Centers
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance