Dublin, June 08, 2021 (GLOBE NEWSWIRE) — The “Global Psychedelic Drugs Market (2021 Edition) – Analysis By Drug, Route of Administration, Distribution Channel, By Region, By Country: Market Insights, Pipeline Drugs and Forecast with Impact of Covid-19 (2021-2026)” report has been added to ResearchAndMarkets.com’s offering.
Global Psychedelic Drugs Market was valued at USD 3.8 billion in the year 2020.
The psychedelic drugs market with major potential for treatment of mental illnesses is likely to see more demand and hence likely to attract major investments in the near future.
The Covid-19 pandemic has restricted the movement of people, confining them in their homes, caused severe trauma and stress in the form of sadness and loneliness and has affected the mental health of individuals. As a result, in many countries, people are facing medical conditions like depression and anxiety.
The Psychedelic Drugs market is growing rapidly due to the increasing…