Global Ketamine Therapy Market was Valued at US$ 1.38 Billion in 2022, Growing at an Estimated CAGR of 11.9% from 2023-2031

Ketamine therapy is a psychiatric treatment involving controlled administration of the anesthetic drug ketamine. Given in low doses, it’s used to alleviate symptoms of depression, anxiety, and certain mental health conditions. Its rapid effects and potential to target treatment-resistant cases make it a notable alternative in mental health care.

Intravenous (IV) ketamine therapy currently dominates the market due to its established efficacy and long-standing medical use. Surveys and studies consistently highlight the positive outcomes of IV ketamine in treating depression and certain mood disorders. Its direct administration into the bloodstream ensures rapid effects, making it a preferred choice.

COVID-19 Impact Analysis on Global Ketamine Therapy Market

Pre-COVID-19, the ketamine therapy market showed promise as a mental health treatment, with both intravenous and intranasal forms gaining traction. Post-COVID-19, the market adapted to pandemic challenges, with disruptions in healthcare access affecting patient reach. Telehealth gained prominence, but economic uncertainties impacted therapy availability and market dynamics.

Mental health professionals are seeking rapid relief through ketamine therapy stems owing to the pressing need to address treatment-resistant mental health disorders. Conventional treatments often take weeks to show results, leaving patients in distress. Recognizing the potential, psychiatrists, therapists, and other mental health providers are integrating ketamine therapy into their practices. Its rapid onset of action, often within hours, allows professionals to offer faster relief and symptom management for patients who may be in crisis or have exhausted traditional treatment options.

This demand for innovative solutions aligns with ketamine therapy’s potential to reshape mental healthcare. A key restraint is the absence of standardized protocols and regulatory oversight. The lack of comprehensive regulations contributes to safety concerns and hesitancy among practitioners and patients, potentially limiting market growth.

Ketamine therapy significantly dominates the market for its effectiveness in treating depression. The therapy’s ability to provide quick and notable improvements in mood and overall well-being has positioned it as a leading choice for addressing depressive disorders.

North America dominated the global ketamine therapy market in 2022 due to its advanced healthcare infrastructure and early adoption. The US particularly leads in ketamine therapy integration, benefiting from a robust mental health industry and research initiatives.

Competitive Landscape: Global Ketamine Therapy Market

• AbbVie Inc.
• Actify Neurotherapies
• Janssen Pharmaceutical Companies (Johnson & Johnson Services, Inc.)
• Ketamine Clinics Los Angeles
• Ketamine Research Institute
• Ketamine Wellness Centers
• Klarisana
• Mindbloom, Inc.
• Neuro Wellness Spa
• Stella MSO LLC dba Field Trip Health
• Other Industry Participants

Global Ketamine Therapy Market Scope

Report Layout

Global Ketamine Therapy Market

By Type of Therapy

• Intravenous (IV) Ketamine Therapy
• Intranasal Ketamine Therapy
• Oral Ketamine Therapy

By Indication

• Depression
• Anxiety Disorders
• Chronic Pain
• Substance Use Disorders

By Setting

• Clinics
• Hospitals
• Others

By Region

• North America (U.S., Canada, Mexico, Rest of North America)
• Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
• Latin America (Brazil, Argentina, Rest of Latin America)

Table of Contents

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Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion

**Exclusive for Multi-User and Enterprise User.  

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Global Ketamine Therapy Market

By Type of Therapy

By Indication

By Setting

By Region

Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion

**Exclusive for Multi-User and Enterprise User.

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