APAC Psychedelic Drugs Market - Industry Trends and Forecast to 2029
- Published Date: 2022-12-31
- Report ID: 144030
- Pages: 225
-
Format:
Short Description
Asia-Pacific Psychedelic Drugs Market, By Source (Synthetic and Natural), Type (Empathogens, Dissociatives and 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), Country (India, Australia, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) Industry Trends and Forecast to 2029
Market Definition:
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.
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 makes 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.
Market Segmentation:
Asia-Pacific psychedelic drugs market is categorized into seven notable segments which are based on the source, type, drugs, application, route of administration, end user and distribution channel. In 2022, source segment is expected to dominate the market due to the prevalence of mental disorders in the region
On the basis of source, the psychedelic drugs market is segmented into synthetic and natural
On the basis of type, the psychedelic drugs market is segmented into empathogens, dissociatives, and others
On the basis of drugs, the psychedelic drugs market is segmented into gamma-hydroxybutyric acid, ketamine, psilocybin, and others
On the basis of application, the psychedelic drugs market is segmented into narcolepsy, treatment resistant depression major depressive disorder, opiate addiction, post-traumatic stress disorder and others
On the basis of route of administration, the psychedelic drugs market is segmented into oral, inhalation, and injectable
On the basis of end user, the psychedelic drugs market is segmented into hospitals, specialty clinics, homecare, and others
On the basis of distribution channel, the psychedelic drugs market is segmented into hospitals pharmacy, retail pharmacy, and online pharmacy
Market Players
The key market players for Asia-Pacific psychedelics drugs market are listed below:
Janssen Global Services, LLC (a subsidiary of Johnson & Johnson Services, Inc.)
Pfizer Inc.
F. Hoffmann-La Roche Ltd
TABLE OF CONTENTS
1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 24
1.3 OVERVIEW OF ASIA PACIFIC PSYCHEDELIC DRUGS MARKET 24
1.4 LIMITATIONS 26
1.5 MARKETS COVERED 26
2 MARKET SEGMENTATION 29
2.1 MARKETS COVERED 29
2.2 GEOGRAPHICAL SCOPE 30
2.3 YEARS CONSIDERED FOR THE STUDY 31
2.4 CURRENCY AND PRICING 31
2.5 DBMR TRIPOD DATA VALIDATION MODEL 32
2.6 MULTIVARIATE MODELLING 35
2.7 TYPE LIFELINE CURVE 35
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 36
2.9 DBMR MARKET POSITION GRID 37
2.10 MARKET END USER COVERAGE GRID 38
2.11 VENDOR SHARE ANALYSIS 39
2.12 SECONDARY SOURCES 40
2.13 ASSUMPTIONS 40
3 EXECUTIVE SUMMARY 41
4 PREMIUM INSIGHT 45
4.1 PIPELINE ANALYSIS 46
4.2 PESTEL ANALYSIS 48
4.3 PORTER'S FIVE FORCES MODEL 49
5 REGULATORY FRAMEWORK: ASIA PACIFIC PSYCHEDELIC DRUGS MARKET 50
5.1 REGULATORY SCENARIO IN THE U.S. 50
5.2 REGULATORY SCENARIO IN THE U.K. 51
5.3 REGULATORY SCENARIO IN INDIA 52
5.4 REGULATORY SCENARIO IN UAE 52
5.5 REGULATORY SCENARIO IN AFRICA 53
5.6 REGULATORY SCENARIO IN BRAZIL 53
6 MARKET OVERVIEW 55
6.1 DRIVERS 57
6.1.1 GROWING ACCEPTANCE OF PSYCHEDELIC DRUGS TO TREAT DEPRESSION 57
6.1.2 INCREASING PREVALENCE OF DEPRESSION AND MENTAL DISORDERS 59
6.1.3 RISING AWARENESS TOWARD MENTAL HEALTH 62
6.1.4 ONGOING CLINICAL TRIALS 63
6.1.5 RISE IN PRODUCT APPROVALS 64
6.2 RESTRAINTS 64
6.2.1 STRINGENT REGULATIONS FOR PSYCHEDELIC DRUGS 64
6.2.2 HIGH COST OF PSYCHEDELIC DRUGS 67
6.2.3 PATENT EXPIRY OF PSYCHEDELIC DRUGS 68
6.3 OPPORTUNITIES 69
6.3.1 INCREASING R&D ACTIVITIES IN PSYCHEDELIC DRUGS 69
6.3.2 BREAKTHROUGH THERAPY DESIGNATION BY REGULATORY AUTHORITY 71
6.3.3 UPCOMING REHABILITATION CENTERS 72
6.3.4 AVAILABILITY OF CERTIFIED HEALTHCARE PROFESSIONALS 73
6.4 CHALLENGES 73
6.4.1 SIDE EFFECTS ASSOCIATED WITH PSYCHEDELIC DRUGS 73
6.4.2 RISE IN ILLEGAL ALTERNATIVES 75
6.4.3 AVAILABILITY OF OTHER TREATMENT OPTIONS 75
7 COVID-19 IMPACT ON THE ASIA PACIFIC PSYCHEDELIC DRUGS MARKET 76
7.1 IMPACT ON PRICE 76
7.2 IMPACT ON DEMAND 76
7.3 IMPACT ON SUPPLY CHAIN 77
7.4 STRATEGIC DECISIONS FOR MANUFACTURERS 77
7.5 CONCLUSION 78
8 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY TYPE 79
8.1 OVERVIEW 80
8.2 EMPATHOGENS 83
8.3 DISSOCIATIVES 84
8.4 OTHERS 85
9 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY SOURCE 86
9.1 OVERVIEW 87
9.2 SYNTHETIC 90
9.3 NATURAL 91
10 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY DRUGS 92
10.1 OVERVIEW 93
10.2 GAMMA-HYDROXYBUTYRIC ACID 96
10.3 KETAMINE 97
10.4 PSILOCYBIN 98
10.5 OTHERS 99
11 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY APPLICATION 100
11.1 OVERVIEW 101
11.2 NARCOLEPSY 104
11.3 TREATMENT RESISTANT DEPRESSION 105
11.4 MAJOR DEPRESSIVE DISORDER 106
11.5 OPIATE ADDICTION 107
11.6 POST-TRAUMATIC STRESS DISORDER 108
11.7 OTHERS 109
12 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY ROUTE OF ADMINISTRATION 110
12.1 OVERVIEW 111
12.2 ORAL 114
12.3 INHALATION 115
12.4 INJECTABLE 116
13 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY END USER 117
13.1 OVERVIEW 118
13.2 HOSPITALS 121
13.3 SPECIALTY CLINICS 122
13.4 HOMECARE 123
13.5 OTHERS 124
14 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY DISTRIBUTION CHANNEL 125
14.1 OVERVIEW 126
14.2 HOSPITALS PHARMACY 129
14.3 RETAIL PHARMACY 130
14.4 ONLINE PHARMACY 131
15 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET, BY REGION 132
15.1 ASIA-PACIFIC 133
15.1.1 INDIA 141
15.1.2 AUSTRALIA 144
15.1.3 SOUTH KOREA 147
15.1.4 SINGAPORE 150
15.1.5 MALAYSIA 153
16 ASIA PACIFIC PSYCHEDELIC DRUGS MARKET: COMPANY LANDSCAPE 156
16.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 156
17 SWOT ANALYSIS 157
18 COMPANY PROFILE 158
18.1 JAZZ PHARMACEUTICALS, INC. 158
18.1.1 COMPANY SNAPSHOT 158
18.1.2 REVENUE ANALYSIS 159
18.1.3 COMPANY SHARE ANALYSIS 159
18.1.4 PRODUCT PORTFOLIO 159
18.1.5 RECENT DEVELOPMENTS 160
18.2 PFIZER INC. 161
18.2.1 COMPANY SNAPSHOT 161
18.2.2 REVENUE ANALYSIS 161
18.2.3 COMPANY SHARE ANALYSIS 162
18.2.4 PRODUCT PORTFOLIO 162
18.2.5 RECENT DEVELOPMENTS 162
18.3 F. HOFFMANN- LA ROCHE LTD 163
18.3.1 COMPANY SNAPSHOT 163
18.3.2 REVENUE ANALYSIS 163
18.3.3 COMPANY SHARE ANALYSIS 164
18.3.4 PRODUCT PORTFOLIO 164
18.3.5 RECENT DEVELOPMENT 164
18.4 JANSSEN ASIA PACIFIC SERVICES, LLC (A SUBSIDIARY OF JOHNSON & JOHNSON SERVICES, INC.) 165
18.4.1 COMPANY SNAPSHOT 165
18.4.2 COMPANY SHARE ANALYSIS 165
18.4.3 PRODUCT PORTFOLIO 166
18.4.4 RECENT DEVELOPMENT 166
18.5 AVADEL 167
18.5.1 COMPANY SNAPSHOT 167
18.5.2 PRODUCT PORTFOLIO 167
18.5.3 RECENT DEVELOPMENT 167
18.6 CELON PHARMA SA 168
18.6.1 COMPANY SNAPSHOT 168
18.6.2 PRODUCT PORTFOLIO 168
18.6.3 RECENT DEVELOPMENT 168
18.7 COMPASS 169
18.7.1 COMPANY SNAPSHOT 169
18.7.2 PRODUCT PORTFOLIO 169
18.7.3 RECENT DEVELOPMENTS 169
18.8 CYBIN CORP. 170
18.8.1 COMPANY SNAPSHOT 170
18.8.2 PRODUCT PORTFOLIO 170
18.8.3 RECENT DEVELOPMENTS 170
18.9 ENTHEON BIOMEDICAL CORP 171
18.9.1 COMPANY SNAPSHOT 171
18.9.2 PRODUCT PORTFOLIO 171
18.9.3 RECENT DEVELOPMENT 171
18.10 GH RESEARCH 172
18.10.1 COMPANY SNAPSHOT 172
18.10.2 PRODUCT PORTFOLIO 172
18.10.3 RECENT DEVELOPMENT 172
18.11 HIKMA PHARMACEUTICALS PLC 173
18.11.1 COMPANY SNAPSHOT 173
18.11.2 REVENUE ANALYSIS 173
18.11.3 PRODUCT PORTFOLIO 174
18.11.4 RECENT DEVELOPMENTS 174
18.12 NRX PHARMACEUTICALS, INC. 175
18.12.1 COMPANY SNAPSHOT 175
18.12.2 PRODUCT PORTFOLIO 175
18.12.3 RECENT DEVELOPMENT 175
18.13 PHARMATHER HOLDINGS LTD. 176
18.13.1 COMPANY SNAPSHOT 176
18.13.2 PRODUCT PORTFOLIO 176
18.13.3 RECENT DEVELOPMENT 176
18.14 VERRIAN 177
18.14.1 COMPANY SNAPSHOT 177
18.14.2 PRODUCT PORTFOLIO 177
18.14.3 RECENT DEVELOPMENT 177
18.15 USONAINSTITUTE.ORG 178
18.15.1 COMPANY SNAPSHOT 178
18.15.2 PRODUCT PORTFOLIO 178
18.15.3 RECENT DEVELOPMENT 178
19 QUESTIONNAIRE 179
20 RELATED REPORTS 183
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