Psychedelic Drugs Market 2020 – 2026 Demand Analysis with Leading Players – The Emmes Company, LLC, Klarisana, AstraZeneca, F. Hoffmann-La Roche Ltd – Fusion Science Academy

Global psychedelic drugs market is rising gradually with a healthy CAGR in the forecast period of 2019-2026. Growing prevalence of depression worldwide and increase in special designation from the regulatory authorities to the company to expedite the development process are the key factors for market growth.

Few of the major competitors currently working in the global psychedelic drugs market are COMPASS, The Emmes Company, LLC, Klarisana,  AstraZeneca, F. Hoffmann-La Roche Ltd, Dr. Reddy’s Laboratories Ltd, Takeda Pharmaceutical Company Limited, Pfizer Inc, Mylan N.V. , Merck & Co., Inc, Alkermes, ALLERGAN, H. Lundbeck A/S among others.

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The Psychedelic Drugs document comprises of estimations of recent state of the market, market size, CAGR values and market share, revenue generation, and necessary changes required in the future products. Customer requirement has been kept into focus while preparing this professional and in-depth Psychedelic Drugs market research report. It is possible to accomplish precious market insights with the new skills, latest tools and innovative programs via this report which help bring about business goals. To acquire knowledge about the current and future market status, global, local and regional level is considered in this report which offers business insights at the wide-ranging marketplace.

Market Definition: Global Psychedelic Drugs Market

Psychedelic drugs are also known as psychedelics are the class of hallucinogenic drugs including both classic hallucinogens as well as dissociative drugs that are used recreationally, to alter and enhance the  sensory perception, elevate the mood swings, thought process, energy level promoting spiritual experiences. Psychedelic drugs have been used experimentally for psychological treatment and are able to control mind hence maintaining peace.

According to the statistic published in our World in Data 2017, the global burden of mental and substance use disorders were 122.76 million. Increase cases of mental disorders and accelerating demand of novel therapies are the drivers promoting the growth of this market.

Segmentation: Global Psychedelic Drugs Market

Psychedelic Drugs Market : By Application

• Major Depressive Disorder
• Resistant depression
• Panic disorder
• Post-traumatic stress disorder
• Opiate Addiction
• Others

Psychedelic Drugs Market : By Drugs

• Lysergic Acid Diethylamide (LSD)
• 3,4-Methyl​Enedioxy​Methamphetamine (Ecstasy)
• Phencyclidine
• Gamma Hydroxybutyric Acid (GHB)
• Ketamine
• Ayahuasca
• Salvia
• Psilocybin
• Others

Psychedelic Drugs Market : By Route of Administration

• Oral
• Injectable
• Inhalation

Psychedelic Drugs Market : By Distribution Channel

• Direct Retailers
• Online Pharmacies
• Others

Psychedelic Drugs Market :  By End-Users

• Hospitals
• Homecare
• Specialty Clinics
• Others

Psychedelic Drugs Market : By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

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Key Developments in the Psychedelic Drugs Market: 

• In October 2018, COMPASS received Breakthrough Therapy designation from the FDA for psilocybin therapy for the treatment of resistant depression. With Breakthrough Therapy designation, company can obtain all fast track designation features and FDA commitment and guidance ensuring efficient drug development programme
• In August 2018, COMPASS received new drug application approval from the FDA for the psilocybin therapy for the treatment of resistant depression. If the trial is successful, it will change the treatment landscape of patients suffering from resistant depression

Primary Respondents : Psychedelic Drugs Market

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Features mentioned in the report

1. Changing market dynamics of the industry
2. To get a comprehensive overview of the Psychedelic Drugs market.
3. Historical, current and projected market size in terms of volume and value
4. In-depth market segmentation
5. Competitive landscape of Psychedelic Drugs Market

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