Psychedelic Drugs: Reducing the Development and Commercialization Duration of these Drugs to Invoke Better Volume of Growth

DBMR has added a new report titled Global Psychedelic Drugs Market with data Tables for historical and forecast years represented with Charts & Graphs spread through Pages with easy to understand detailed analysis. This also Report has also been compiled to provide various market aspects such as size, share, trends, dynamics, growth, sales, and industry analysis. The competitive analysis taken place in this report include strategic profiling of key market players, their core competencies, their strong and weak points, and competitive landscape of the market which supports businesses illustrate their individual strategies.

Psychedelic drugs are the category of therapeutic pharmaceuticals that are responsible for instigating psychedelic expressions in the patient consuming these drugs with the help of serotonin receptor agonism. This subsequently results in a number of changes in the visual and auditory functions of the consumer. This alteration of bodily function is also combined with changes in the consciousness causing a change of mindset amongst the patients. A majority of the drugs produced for these functioning include being developed from LSD, ecstasy, ketamine amongst various others.

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Product approvals along with establishing specialized research centers:

• In September 2019, The Johns Hopkins University announced the launch of “Center for Psychedelic and Consciousness Research”, with the center responsible for testing the efficacy and effectiveness of using psychedelic compounds of different variants for the treatment of mental health problems. The center is the first established throughout the United States and was funded through approximately USD 17 million in donations. The center will also provide information and knowledge for students training them in the field of psychedelic science.
• In March 2019, U.S. FDA announced that they had approved “Spravato (esketamine)” nasal spray in combination with oral antidepressant helping rectify depression in adults that have not been treated with other therapeutic methods. Although, the nasal spray would be available through restricted distribution system while being under a “Risk Evaluation and Mitigation Strategy (REMS)”. The drug developed by Janssen Pharmaceuticals, Inc is the first U.S. FDA approval of esketamine for any indication.

Segmentation: Global Psychedelic Drugs Market

By Application

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

By Drugs

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

List Of Table:

TABLE 1 MENTAL ILLNESS IN U.S. ADULTS IN 2018

TABLE 2 MENTAL DISORDERS IN THE U.S. ADULTS IN 2018

TABLE 3 MENTAL DISORDERS CAUSED BY USAGE OF SUBSTANCE DISORDERS IN WORLD IN 2017

TABLE 4 DRUG DEVELOPMENT PATHWAY FOR FDA APPROVAL OF NEW MEDICATIONS

TABLE 5 COST OF PSYCHEDELIC DRUGS

TABLE 6 PSYCHEDELIC DRUGS R&D ACTIVITIES

TABLE 7 U.S. PSYCHEDELIC DRUGS MARKET, BY SOURCE, 2018-2027 (USD MILLION)

TABLE 8 U.S. PSYCHEDELIC DRUGS MARKET, BY TYPE, 2018-2027 (USD MILLION)

TABLE 9 U.S. PSYCHEDELIC DRUGS MARKET, BY APPLICATION, 2018-2027 (USD MILLION)

TABLE 10 U.S. PSYCHEDELIC DRUGS MARKET, BY ROUTE OF ADMINISTRATION, 2018-2027 (USD MILLION)

This Free report sample includes:

• A brief introduction to the research report.
• Graphical introduction of the regional analysis.
• Top players in the market with their revenue analysis.
• Selected illustrations of market insights and trends.
• Example pages from the report.

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Competitive Analysis:

Global psychedelic drugs market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global psychedelic drugs market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players:

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.

List Of Figure:

FIGURE 1 U.S. PSYCHEDELIC DRUGS MARKET: SEGMENTATION

FIGURE 2 U.S. PSYCHEDELIC DRUGS MARKET: DATA TRIANGULATION

FIGURE 3 U.S. PSYCHEDELIC DRUGS MARKET: DROC ANALYSIS

FIGURE 4 U.S. PSYCHEDELIC DRUGS MARKET : COUNTRY VS REGIONAL MARKET ANALYSIS

FIGURE 5 U.S. PSYCHEDELIC DRUGS MARKET : COMPANY RESEARCH ANALYSIS

FIGURE 6 U.S. PSYCHEDELIC DRUGS MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 U.S. PSYCHEDELIC DRUGS MARKET: VENDOR SHARE ANALYSIS

FIGURE 8 U.S. PSYCHEDELIC DRUGS MARKET: SEGMENTATION

Why Choose DBMR?

• Regional demand estimation and forecast
• Pre-commodity pricing volatility
• Technological updates analysis
• Location Quotients Analysis
• Raw Material Sourcing Strategy
• Competitive Analysis
• Product Mix Matrix
• Vendor Management 

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