North America Psychedelic Drugs Market is growing with a CAGR of 11.5% and is expected to reach USD 6,433.94 million by 2028
DBMR has recently updated North America Psychedelic Drugs Market research report gives the knowledge of all the above factors with transparent, wide-ranging, and supreme quality market studies. And to achieve the same, every major topic of the market research analysis that ranges from the market definition, market segmentation, competitive analysis, major developments in the market, and top-notch research methodology has been taken into consideration. Moreover, the significant report has been framed with the meticulous efforts of an innovative, enthusiastic, knowledgeable, and experienced team of analysts, researchers, industry experts, and forecasters.
North America Psychedelic Drugs Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.5% in the forecast period of 2021 to 2028 and is expected to reach USD 6,433.94 million by 2028. The rising prevalence of mental depression and anxiety and availability of off-label drugs are the major drivers which has propelled the demand of the psychedelic drugs market in the forecast period.
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Market Scenario of North America Psychedelic Drugs Market
All country-based analysis of the North American psychedelic drugs market is further analyzed based on maximum granularity into further segmentation. On the basis of source, the market is segmented into synthetic and natural. On the basis of type, the market is segmented into dissociatives, empathogens, and serotonergic (classical psychedelic drugs). On the basis of application, the market is segmented into narcolepsy, treatment-resistant depression, post-traumatic stress disorder (PTSD), major depressive disorder, others. On the basis of route of administration, the market is segmented into oral, intranasal, parenteral, others. On the basis of drugs, the market is segmented into gamma-hydroxybutyric acid (GHB), ketamine, 3, 4-methylenedioxymethamphetamine (ecstasy), psilocybin. On the basis of end-user, the market is segmented into hospitals, specialty clinic, research organisations, others. On the basis of distribution channels, the market is segmented into hospital pharmacy, compounding pharmacy, others.
TOP KEY PLAYERS of North America Psychedelic Drugs Market
Johnson & Johnson Services, Inc.
Jazz Pharmaceuticals, Inc.
Celon Pharma SA
Develco pharma schweiz ag
Doughlas pharmaceuticals limited
Hikma Pharmaceuticals PLC
Amneal Pharmaceuticals, LLC.
AVADEL PHARMACEUTICALS, PLC
Scope of Report:
North America Psychedelic Drugs Market report puts forth a range of segments linked to This industry and market with comprehensive research and analysis. These involve industry outlook with respect to critical success factors (CSFs), industry dynamics that primarily cover drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis. This list can be elaborated with key company profiles, competitive landscape, and company market share analysis. All the data, figures, and information is backed up by authentic analysis tools which include the SWOT analysis and Porter’s Five Forces analysis. So, take the business to the peak level of growth with the comprehensive
Table of Contents:
1. Global Market Overview
2. Economic Impact on Industry
3. Competition by Manufacturers
4. Production, Revenue (Value) by Region
5. Supply (Production), Consumption, Export, Import by Regions
6. Production, Revenue (Value), Price Trend by Type
7. Market by Application
8. Manufacturing Cost Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
10. Marketing Strategy Analysis, Distributors/Traders
11. Market Effect Factors Analysis
12. Market Forecast
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Key Pointers Covered In The Psychedelic Drugs Market Industry Trends And Forecast To 2028
Psychedelic Drugs Market Size
Market Regulatory Framework and Changes
Psychedelic Drugs Market Pipeline
Mental Disorders Epidemiology
Practicing Psychiatrists Data
Recent Developments for Market Competitors
Recent market Value for Different Regions
Sales Data for Market Competitors
Key Vendors and Disruptors Study
North America Psychedelic Drugs Market Scope And Market Size
The psychedelic drugs market is segmented into seven notable segments which are based on the source, type, drugs, application, route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of source, the psychedelic drugs market is segmented into synthetic and natural. In 2021, synthetic segment is dominating as most of the products are made from chemicals that are man-made with very few products such as psilocybin made from natural ingredients.
On the basis of type, the psychedelic drugs market is segmented into dissociatives, empathogens and others. In 2021, empathogens segment produce experiences of emotional communion, oneness, relatedness and used for treatment of cataplexy, narcolepsy and related disorders.
On the basis of drugs, the psychedelic drugs market is segmented into gamma-hydroxybutyric acid, ketamine, psilocybin and others. In 2021, gamma-hydroxybutyric acid segment is dominating as xyrem from Jazz Pharmaceutical is one of the oldest available psychedelic drugs available in the market holding a major share and belongs to the drug class.
On the basis of application, the psychedelic drugs market is segmented into narcolepsy, treatment resistant depression, post-traumatic stress disorder, major depressive disorder, opiate addiction and others. In 2021, narcolepsy segment is dominating as xyrem from Jazz Pharmaceutical is used for its treatment and it is the major shareholder in the market.
On the basis of route of administration, the psychedelic drugs market is segmented into oral, inhalation and injectable. In 2021, oral segment is dominating as it is preferred over the various other administration routes of drug delivery.
On the basis of end user, the psychedelic drugs market is segmented into hospitals, specialty clinics, homecare and others. In 2021, hospitals segment dominate the psychedelic drugs market due to the high patient load and most of the drugs are given under doctor’s supervision.
On the basis of distribution channel, the psychedelic drugs market is segmented into hospitals pharmacy, retail pharmacy and online pharmacy. In 2021, hospitals pharmacy segment holds the largest market share as more number of patients is treated in hospitals and the demand for medicines in hospital pharmacy increases.
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North America Psychedelic Drugs Market research report makes available the details about historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the associated industry. The market drivers and restraints have been explained using SWOT analysis. With the proper use of excellent practice models and brilliant methods of research, an influential market report is generated which supports businesses to unearth the greatest opportunities to get on in the market.
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