Global Psychedelic Drugs Market - Industry Trends and Forecast to 2026
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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.
Psychedelic Drugs market research report looks at the key aspects of the market including its market improvement, development, position and others. The industry inquiries in this report provide an examination and data as specified by classes. It underlines the global key manufacturers and analyzes the market competition landscape. The report also comprises of a bottomless knowledge on market definition, market drivers and market restraints, classifications, applications, and engagements. What is more, Psychedelic Drugs Market report conducts analysis on sales (consumption) of market, focuses on the top players to assess their sales, price, revenue and market share with volume and value for each region.
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.
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Segmentation: Global Psychedelic Drugs Market
Psychedelic Drugs Market : By Application
Major Depressive Disorder
Post-traumatic stress disorder
Psychedelic Drugs Market : By Drugs
Lysergic Acid Diethylamide (LSD)
Gamma Hydroxybutyric Acid (GHB)
Psychedelic Drugs Market : By Route of Administration
Psychedelic Drugs Market : By Distribution Channel
Psychedelic Drugs Market :? By End-Users
Psychedelic Drugs Market : By Geography
Middle East & Africa
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.
Key benefits of buying the Psychedelic Drugs Market Report:
This Psychedelic Drugs Market report will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends. This Psychedelic Drugs Market report is quite fruitful in helping to understand the market definition and all the aspects of the market including the CAGR value and key profiles.
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