Psychedelic Drugs Market Size & Share, by Source (Natural, Synthetic); Drugs (Psilocybin, MethylenedioxyMethamphetamine, Lysergic Acid Diethylamide, Dimethyltryptamine); Type (Empathagens, Dissociatives); Application (Treatment Resistant Depression, Narcolepsy, Major Depressive Disorder, Opiate Addiction); Route of Administration (Oral, Inhalation, Injectable); Distribution Channel (Hospital, Retail, Online) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4153
  • Published Date: Apr 25, 2024
  • Report Format: PDF, PPT

Companies Dominating the Psychedelic Drugs Landscape

top-features-companies
    • Compass Pathways Plc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Mind Medicine Inc.
    • Jazz Pharmaceuticals plc
    • Johnson & Johnson Pte. Ltd.
    • Hikma Pharmaceuticals PLC
    • Thoughtful Brands Inc.
    • Pfizer Inc.
    • F. Hoffmann-La Roche AG
    • Avadel Pharmaceuticals plc
    • NRx Pharmaceuricals, Inc.

Browse Key Market Insights with Data Illustration:

In the News

  • Compass Pathways Plc. a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, announced that the American Medical Association (AMA) has approved a Current Procedural Terminology (CPT) III code for psychedelic therapies. The expected release of the full details of the code by the AMA is in July 2023 and the code will go into effect when it is published on January 1, 2024.
  • Mind Medicine Inc., a clinical-stage biopharmaceutical company developing novel products to treat brain health disorders, announced that its collaborators at the University Hospital Basel (UHB) and the University Hospital of Psychiatry, have released positive topline data from an investigator-initiated trial (double-blinded) evaluating lysergide in the treatment of Major Depressive Disorder (MDD)

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4153
  • Published Date: Apr 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of psychedelic drugs was over USD 3 billion.

The market size for psychedelic drugs is projected to cross USD 12 billion by the end of 2036 expanding at a CAGR of 14% during the forecast period i.e., between 2024-2036.

The major players in the market are Mind Medicine Inc., Jazz Pharmaceuticals plc, Johnson & Johnson Pte. Ltd., Hikma Pharmaceuticals PLC, Thoughtful Brands Inc., Pfizer Inc., F. Hoffmann-La Roche AG, Avadel Pharmaceuticals plc, NRx Pharmaceuricals, Inc., and others.

In terms of drugs, the psilocybin segment is anticipated to account for the largest market share of 40% during 2024-2036.

The North American psychedelic drugs sector is poised to hold the highest share of 40% by 2036.
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