Australia Psychedelic Drugs Market to 2032
Overview
The Australia Psychedelic Drugs Market is expected to reach a 28.82 USD Billion by 2032 and is projected to grow at a CAGR of 14.48% from 2025 to 2032.
Revenue, 2024 (USD Billion)
12.36
Forecast, 2032 (USD Billion)
28.82
CAGR, 2024 - 2032
14.48%
Report Coverage
Australia
Australia Psychedelic Drugs Market 2018-2032 USD Billion
Australia Psychedelic Drugs Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 12.36 USD Billion
- Projected Market Size (2032): 28.82 USD Billion
- CAGR (2025-2032): 14.48%
Key Findings of Australia Psychedelic Drugs Market
- The Australia Psychedelic Drugs Market was valued at 12.36 USD Billion in 2024.
- The Australia Psychedelic Drugs Market is likely to grow at a CAGR of 14.48% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Online Pharmacy in Distribution Channel Segment accounted for the largest share of the market with a revenue of 12.36 USD Billion
- The fastest growing segment Post-Traumatic Stress Disorder in Application Segment grew Fastest with a CAGR of 17.87% during the forecast period from 2024 to 2032.
Australia Psychedelic Drugs Market Scope
Australia Psychedelic Drugs Market Segmentation & Scope
Application
- Others
- Post-Traumatic Stress Disorder
- Opiate Addiction
- Treatment Resistant Depression
- Narcolepsy
- Major Depressive Disorder
Route of Administration
- Oral
- Inhalation
- Injectable
End User
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hopitals Pharmacy
- Retail Pharmacy
- Online Pharmacy
Source
- Synthetic
- Natural
Type
- Empathogens
- Dissociatives
- Others
Drugs
- Gamma-Hydroxybutyric Acid
- Ketamine
- Psilocybin
- Others
Australia Psychedelic Drugs Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 12.36 USD Billion |
| Market Value in 2032 | 28.82 USD Billion |
| CAGR (2025-2032) | 14.48% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Route of Administration,End User,Distribution Channel,Source,Type,Drugs |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 12.36 USD Billion in 2024
- Key Country: Australia, leading in terms of revenue with value of 12.36 USD Billion in 2024.
Segments and Scope
-
Australia Psychedelic Drugs Market to 2032, By Application
- Narcolepsy is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 7.46 USD Billion in the year 2024.
- Post-Traumatic Stress Disorder is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 13.68 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By Route of Administration
- Oral is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 9.91 USD Billion in the year 2024.
- Oral is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 15.27 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By End User
- Hospitals is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 7.02 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 15.21 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By Distribution Channel
- Online Pharmacy is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 12.36 USD Billion in the year 2024.
- Online Pharmacy is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 14.48 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By Source
- Synthetic is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 12.36 USD Billion in the year 2024.
- Synthetic is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 14.48 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By Type
- Empathogens is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 9.44 USD Billion in the year 2024.
- Empathogens is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 14.88 % in forecast period 2025-2032.
-
Australia Psychedelic Drugs Market to 2032, By Drugs
- Gamma-Hydroxybutyric Acid is the largest segment in Australia Psychedelic Drugs Market to 2032 with a revenue of 9.71 USD Billion in the year 2024.
- Gamma-Hydroxybutyric Acid is the Fastest growing segment in Australia Psychedelic Drugs Market to 2032 with a Growth rate of 14.64 % in forecast period 2025-2032.
Australia Psychedelic Drugs Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Jazz Pharmaceuticals, Inc. | |||
| Janssen Global Services, LLC | |||
| ICU Medical, Inc. | |||
| Stryker | |||
Australia Psychedelic Drugs Market Geographical Sales Distribution, 2018-2032 USD Billion
Australia Psychedelic Drugs Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Psychedelic Drugs Market is segmented based on Segmentation Application,Route of Administration,End User,Distribution Channel,Source,Type,Drugs.
Australia Psychedelic Drugs Market was valued at USD 12.36(Revenue in USD Billion) in 2022.
Australia Psychedelic Drugs Market is projected to grow at a CAGR of 14.48% during the forecast period of 2024 to 2032.
The Online Pharmacy segment is expected to dominate the Australia Psychedelic Drugs Market, holding a largest market share of 12.36 USD Billion in 2024
Australia Psychedelic Drugs Market Scope
Australia Psychedelic Drugs Market Segmentation & Scope
Application
- Others
- Post-Traumatic Stress Disorder
- Opiate Addiction
- Treatment Resistant Depression
- Narcolepsy
- Major Depressive Disorder
Route of Administration
- Oral
- Inhalation
- Injectable
End User
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hopitals Pharmacy
- Retail Pharmacy
- Online Pharmacy
Source
- Synthetic
- Natural
Type
- Empathogens
- Dissociatives
- Others
Drugs
- Gamma-Hydroxybutyric Acid
- Ketamine
- Psilocybin
- Others
Frequently Asked Questions
The Australia Psychedelic Drugs Market is segmented based on Segmentation Application,Route of Administration,End User,Distribution Channel,Source,Type,Drugs.
Australia Psychedelic Drugs Market was valued at USD 12.36(Revenue in USD Billion) in 2022.
Australia Psychedelic Drugs Market is projected to grow at a CAGR of 14.48% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Psychedelic Drugs Market for final year is USD 28.82 (USD Billion).
Australia Psychedelic Drugs Market Company Profiling
Frequently Asked Questions
The Australia Psychedelic Drugs Market is segmented based on Segmentation Application,Route of Administration,End User,Distribution Channel,Source,Type,Drugs.
Australia Psychedelic Drugs Market was valued at USD 12.36(Revenue in USD Billion) in 2022.
Australia Psychedelic Drugs Market is projected to grow at a CAGR of 14.48% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Psychedelic Drugs Market for final year is USD 28.82 (USD Billion).
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