Psychedelic Drugs Market Projected to Reach CAGR of 13.3% Forecast by 2029

Data Bridge Market Research Published Latest Global Psychedelic Drugs Market Study with an in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. Global Psychedelic Drugs Research Report’, the report is complete with elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The study is inclusive of well-elaborated, extensive scrutiny of this industry alongside major parameters that may most likely have an influence on the market commercialization matrix.

The Psychedelic Drugs Market report includes global market size, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region including Europe, North America, Middle East, and Africa, and South America. Industry chain analysis, raw material, and end-user information are also incorporated in this Psychedelic Drugs report.

Get the PDF Sample Copy (Including FULL TOC, Graphs and Tables) of this report @

https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-psychedelic-drugs-market&dv 

Psychedelic drugs involve various types of chemical substances including lysergic acid diethylamide (LSD) and chemical extracted from plants. These drugs have the ability to change or enhance the sensory perceptions, thought processes, energy levels and have also been reported to facilitate spiritual experiences.

Global psychedelic drugs market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.3% in the forecast period of 2022 to 2029 and is expected to reach USD 6,401.95 million by 2029 from USD 2,386.72 million in 2021.

The psychedelic drugs can be categorized into empathogens and dissociative drugs (such as phenylcyclohexyl piperidine (PCP)) and serotonergic (classic hallucinogens) such as LSD. Both types of psychedelic drugs can cause hallucinations and feeling of sensation, moreover, dissociative drugs can make a person to fell out of control from their body or environment and make them feel disconnected. Based on the source, psychedelic drugs have been categorized under natural and synthetic types.

These drugs have wide applications in the treatment of major depressive disorder, post-traumatic stress disorder, panic disorder, treatment-resistant depression and opiate addiction among others. Psychedelic drugs are also known by several other names such as lysergic acid derivative (LSD) which are also known as blotter, dots, sugar, acid, 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.

Access Full 350 Pages PDF Report @

https://www.databridgemarketresearch.com/reports/global-psychedelic-drugs-market?dv

Some of the major players operating in the psychedelic drugs market are Jazz Pharmaceuticals, Inc., Janssen Global Services, LLC (a subsidiary of Johnson & Johnson Services, Inc.), Hikma Pharmaceuticals PLC, COMPASS, Verrian, Pfizer Inc., F. Hoffmann-La Roche Ltd, Avadel, Celon Pharma SA., Cybin Corp., GH Research, Entheon Biomedical Corp, PharmaTher Holdings Ltd., NRx Pharmaceuticals, Inc., usonainstitute.org, among others.

Global Psychedelic Drugs Market Scope

Global Psychedelic drugs market is segmented into the source, type, drugs, application, route of administration, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Source

• Synthetic
• Natural

On the basis of source, the global psychedelic drugs market is segmented into synthetic and natural.

Type

• Empathogens
• Dissociatives
• Others

On the basis of type, the global psychedelic drugs market is segmented into empathogens, dissociatives, and others.

Drugs

• Gamma-Hydroxybutyric Acid
• Ketamine
• Psilocybin
• Others

On the basis of drugs, the global psychedelic drugs market is segmented into gamma-hydroxybutyric acid, ketamine, psilocybin and others.

Application

• Narcolepsy,
• Treatment Resistant Depression
• Major Depressive Disorder
• Opiate Addiction
• Post-Traumatic Stress Disorder
• Others

On the basis of application, the global psychedelic drugs market is segmented into narcolepsy, treatment resistant depression, major depressive disorder, opiate addiction, post-traumatic stress disorder and others.

Route of Administration

• Oral
• Inhalation
• Injectable

On the basis of route of administration, the global psychedelic drugs market is segmented into oral, inhalation and injectable.

End User

• Hospital
• Speciality Clinics
• Homecare
• Others

On the basis of end user, the global psychedelic drugs market is segmented into hospital, speciality clinics, homecare, and others.

Distribution Channel

• Hospitals Pharmacy
• Retail Pharmacy
• Online Pharmacy

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Psychedelic Drugs Market Landscape

Part 04: Global Psychedelic Drugs Market Sizing

Part 05: Global Psychedelic Drugs Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

For More Insights Get Detailed TOC @

https://www.databridgemarketresearch.com/toc/?dbmr=global-psychedelic-drugs-market&dv

Reasons to Buy:

• Review the scope of the Psychedelic Drugs Market with recent trends and SWOT analysis.
• Outline of market dynamics coupled with market growth effects in coming years.
• Psychedelic Drugs Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
• Regional and country level analysis combining Psychedelic Drugs Market and supply forces that are affecting the growth of the market.
• Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
• and strategies adopted by the players in the last five years.

Browse Trending Reports:

 Global Osteoarthritic Pain Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global osteoarthritic pain market

 Global Patient Risk Management And Safety Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global patient risk management and safety market

 Global Photo Rejuvenation Devices Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global photo rejuvenation devices market

 Global Spect Probes Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global spect probes market

 Global Teeth Whitening Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global teeth whitening market

 Global Tubeless Insulin Pumps Market Size, Share and Opportunities https://www.databridgemarketresearch.com/reports/global tubeless insulin pumps market

About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email: corporatesales@databridgemarketresearch.com