Psychedelic Drugs Market 2020 to Grow at +16.3% CAGR by 2027 and Industry Leaders Johnson & Johnson Services, Inc., Jazz Pharmaceuticals, Inc., Celon Pharma SA, COMPASS, NeuroRX, Inc., Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals, LLC
Increasing R&D Activities in Psychedelic Drugs is Creating New Opportunities for Manufacturers in the US Psychedelic Drugs Market
A recent market study published by Data Bridge Market Research on the Psychedelic Drugs Market includes a opportunity assessment 2020-2027, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the Psychedelic Drugs Market, the growth prospects of the market are obtained with maximum precision.
U.S. Psychedelic Drugs Market is forecasted to grow at 16.3% with factors such as increasing prevalence of depression and mental disorders driving the growth of the U.S. psychedelic drugs market
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Psychedelic drugs market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 16.3% in the forecast period of 2020 to 2027 and expected to reach USD 6,859.95 million by 2027 from USD 2,077.90 million in 2019. Growing acceptance of psychedelic drugs for treating depression and increasing prevalence of depression and mental disorders are the factors for the market growth.
Key Market Competitors Covered in the report
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
U.S. Psychedelic Drugs Market,
By Source : Synthetic, Natural
By Type : Dissociatives, Empathogens, Serotonergic (Classical Psychedelic Drugs)
By Application : Narcolepsy, Treatment-Resistant Depression, Post-Traumatic Stress Disorder (PTSD), Major Depressive Disorder, Others),
By Route of Administration : Oral, Intranasal, Parenteral, Others
By Drugs : Gamma Hydroxybutyric Acid (GHB), Ketamine, 3,4-Methylenedioxymethamphetamine (Ecstasy), Psilocybin)
By End User : Hospitals, Speciality Clinic, Research Organization, Others
By Distribution Channel : Hospital Pharmacy, Compounding Pharmacy, Others
U.S. Psychedelic Drugs Market, Country Level Analysis
Growing acceptance of psychedelic drugs for treating depression across the U.S. is one of the prominent factors for an upsurge demand of psychedelic drugs. Department of Neuroscience, Faculty of Medicine, Norwegian University of Science and Technology, Trondheim, Norway named has stated that in the U.S., more than 30 million people are using psychedelic drugs. This factor has increased the research and development activities in psychedelic drugs across the U.S. Hence, this factor has led various pharmaceutical and therapeutic manufactures to shift towards psychedelic drugs. This has further resulted into continuous focus of psychedelic drugs improvement and reduction of side effects associated with psychedelic drugs. Due to these factors, the market is expected to grow at the significant growth rate in the forecast period of 2020 to 2027.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing R&D Activities in Psychedelic Drugs is Creating New Opportunities for Manufacturers in the U.S. Psychedelic Drugs Market
U.S. psychedelic drugs market also provides you with detailed market analysis for every country growth in aesthetic industry with psychedelic drugs sales, impact of advancement in the psychedelic drugs and changes in regulatory scenarios with their support for the psychedelic drugs market. The data is available for historic period 2010 to 2018.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the Psychedelic Drugs Market
Chapter 2: Evaluating the leading manufacturers of the Psychedelic Drugs Market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting Psychedelic Drugs Market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
Read Detailed TOC |Get Free @ https://www.databridgemarketresearch.com/toc/?dbmr=us-psychedelic-drugs-market&vc
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