In recent years, the psychedelic drugs market is anticipated to grow rapidly during the forecast period. People are becoming more aware of mental health issues around the world. Mental health illnesses affect 13% of the world's population, according to a research published by the World Health Organization (WHO) in 2021. As per the report, one out of every five years is spent disabled due to mental health issues. People have sought treatment because of their severe conditions. Furthermore, some groups have initiated public awareness campaigns to promote the use of psychedelic medicines to treat mental illnesses.
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The market is segmented based on U.S. Psychedelic Drugs Market Segmentation, By Source (Synthetic, Natural), Type (Empathogens, Dissociatives, Others), Drugs (Gamma-Hydroxybutyric Acid, Ketamine, Psilocybin, Others), Application (Narcolepsy, Treatment Resistant Depression, Major Depressive Disorder, Opiate Addiction, Post-Traumatic Stress Disorder, Others), Route of Administration (Oral, Inhalation, Injectable), End-User (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospitals Pharmacy, Retail Pharmacy, Online Pharmacy) – Industry Trends and Forecast to 2032
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The Us Psychedelic Drugs Market size was valued at USD 4.51 USD Billion in 2024.
The Us Psychedelic Drugs Market is projected to grow at a CAGR of 16.8% during the forecast period of 2025 to 2032.
The market report covers data from the U.S..
