U.S. Psychedelic Drugs Market Report Analysis And Insights For Highly Profitable Investment Decision: Industry Outlook By 2021-2028
The winning U.S. Psychedelic Drugs Market report seems to be greatly useful to find out the general market conditions and tendencies. It also guesstimates the ultimate market for a new product to be launched in the market. A panel of skilled analysts, well-versed statisticians, knowledgeable research experts, enthusiastic forecasters, and smart economists work carefully to generate such a great market research report for the businesses. This team is determined to comprehend client’s business and their needs so that the finest market research report is delivered for a potential growth and success.Besides, this marketing research report assists in planning by providing accurate and state-of-the-art information about the consumer’s demands, their buying preferences, attitudes and their changing tastes about the specific product
This market report genuinely analyses the potential of the market with respect to current scenario and the future prospects by taking into consideration numerous industry aspects. Not to mention, various steps for gathering, analysing and recording the data and information have been utilized for generating the report. Businesses can confidently refer the top-quality this market report to accomplish an absolute success.
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According to Data Bridge Market Research Jazz Pharmaceuticals, Inc. is the leader for U.S. psychedelic drugs market and this company holds estimated market share of approximately 70% to 80% of the market. The market leader Jazz Pharmaceuticals, Inc. accounts an estimated market share of approximately 75.00% in the U.S. Jazz Pharmaceuticals, Inc. is a leader in psychedelic drugs in the U.S. and additionally, the company is continuously involved in the development of new products to increase its portfolio of psychedelic drugs. The psychedelic drugs sales revenue of Jazz Pharmaceuticals, Inc. has increased drastically by 16% to generate sales revenue of USD 1,525.18 million 2019 as compared to 2018.
Provided for Major Regions as Follows:
North America (USA, Canada, and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
Middle-East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
TOC of The Report :
Executive Summary
- Market Definition and Overview.
- Market segment analysis
Market Landscape
- Market ecosystem
- Value chain analysis
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- Threat of substitutes
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- High-performance Plastics Market size and forecast
- Market opportunity by Product
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Analysis
- Vendors covered
- Market positioning of vendors.
Appendix
- Scope of the report
- Research methodology
- List of abbreviations
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
FIGURE 9 GROWING ACCEPTANCE OF PSYCHEDELIC DRUGS FOR TREATING DEPRESSION AND INCREASING PREVALENCE OF DEPRESSION AND MENTAL DISORDERS ARE DRIVING THE U.S. PSYCHEDELIC DRUGS MARKET IN THE FORECAST PERIOD OF 2020 TO 2027
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The psychedelic drugs are used to enhance or change sensory perceptions, energy levels, thought processes, and to facilitate spiritual experiences. Psychedelic drugs can be categorized into dissociative drugs (such as PCP), empathogens and serotonergic (classic hallucinogens) (such as LSD). These drugs are used in the treatment of major depressive disorder, treatment-resistant depression, panic disorder, post-traumatic stress disorder, and opiate addiction among others. Chemical substances that are used in the psychedelic drugs are a group of LSD, and plants. Psychedelic are sourced from synthetic process (human-made) and plants or mushrooms. Psychedelic drugs has various street names such as LSD which are also known as acid, blotter, dots, sugar, trips and window pane; Ketamine are also known as vitamin K, bump, green, K/Special K, purple and super acid; PCP are also known as angel/angel dust, boat/love boat, peace, killer weed, super grass and ozone.
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All country based analysis of the U.S. 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, posttraumatic stress disorder, major depressive disorder and others. On the basis of route of administration, the market is segmented into oral, intranasal, parenteral and others. On the basis of drugs, the market is segmented into Gamma Hydroxybutyric Acid (GHB), Ketamine, 3, 4- Methylenedioxymethamphetamine (Ecstasy) and Psilocybin. On the basis of end user, the market is segmented into hospitals, speciality clinic, research organization and others. On the basis of distribution channel, the market is segmented into hospital pharmacy, compounding pharmacy and others.
Major Key Competitors:
- Johnson & Johnson Services, Inc.
- Jazz Pharmaceuticals, Inc.
- Celon Pharma SA
- COMPASS
- usonainstitute.org
- Develco pharma schweiz ag
- Doughlas pharmaceuticals limited
- NeuroRX, Inc.
Growing acceptance of psychedelic drugs for treating depression is also increasing market value as the psychedelic drugs has repetitively proven its high rates of effectiveness for treatment for nicotine dependence, alcohol dependence, anxiety associated terminal illness and chronic PTSD as compared to other antidepressants. Currently, different research studies are taking place that are expected to provide a competitive advantage for new and innovative therapeutic manufacturers with competitive psychedelic drugs and methods to develop, define psychedelic drugs, and various other opportunities in the U.S. psychedelic market. However, high cost of psychedelic drug and stringent regulations for psychedelic drugs is expected to restraint the market growth as to get approvals is difficult and complex task along with the enforced monetary liability upon psychedelic drugs manufacturers and researchers.
Market Segmentation:
By Source (Synthetic, Natural), Type (Dissociatives, Empathogens, Serotonergic (Classical Psychedelic Drugs) )
Application (Narcolepsy, Treatment-Resistant Depression, Post-Traumatic Stress Disorder (PTSD), Major Depressive Disorder, Others)
Route of Administration (Oral, Intranasal, Parenteral, Others)
Drugs (Gamma Hydroxybutyric Acid (GHB), Ketamine, 3,4-Methylenedioxymethamphetamine (Ecstasy), Psilocybin)
End User (Hospitals, Speciality Clinic, Research Organization, Others)
Distribution Channel(Hospital Pharmacy, Compounding Pharmacy, Others)
U.S. Psychedelic Drugs Market, By Source
On the basis of type, the market is segmented into dissociatives, empathogens, and serotonergic (classical psychedelic drugs). The dissociatives segment dominates the psychedelic drugs market as XYREM (sodium oxybate, Jazz Pharmaceuticals Inc.) is the only approved drug of disruptive psychedelics for the treatment of narcolepsy.
On the basis of application, the market is segmented into narcolepsy, treatment-resistant depression, post-traumatic stress disorder (PTSD), major depressive disorder, others. Narcolepsy as a gamma hydroxybutyric acid (GHB) derivative dominates the psychedelic drugs market and primarily uses psychedelic medicine and the drug has been approved for narcolepsy. Due to this reason, the narcolepsy segment dominates the psychedelic drugs market.
On the basis of route of administration, the market is segmented into oral, intranasal, parenteral, others. Oral is dominant in the psychedelic drugs market as Xyrem is the most branded drug available in the market in oral dosage forms. In addition, patient adherence is very important in symptomatic treatment of the disease. Oral administration of the drug is highly convenient for patients as compared to other forms.
On the basis of drugs, the market is segmented into gamma hydroxybutyric acid (GHB), ketamine, 3,4-methylenedioxymethamphetamine (ecstasy), psilocybin. Gamma hydroxybutyric acid (GHB) dominates the psychedelic drugs market as Xyrem is primarily psychedelic drug and falls into this category. For this reason, the gamma hydroxybutyric acid (GHB) segment dominates the psychedelic drugs market.
On the basis of end user, the market is segmented into hospitals, speciality clinic, research organisation, others. Hospitals dominate the psychedelic drugs market due to high patient load and most medicines are given under the supervision of a doctor. For this reason, the hospital segment dominates the psychedelic drugs market.
On the basis of distribution channel, the market is segmented into hospital pharmacy, compounding pharmacy, others. Hospital pharmacy has the largest market share as these medicines treat more number of patients in hospitals, demand for medicines increases in hospital pharmacy.
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