Ketamine
The Exhaustive Ketamine Clinic Industry Report (PRO REPORT)
This exhaustive report created by Innowell and Psychedelic Invest highlights the growing ketamine clinic industry.
Table of Contents
- Introduction to the Data
- Industry Pricing
- Age of Clinics
- Data Background
- Military Discounts
- Data Background
- Market Sizing
- Clinic Profit Margin Example
- Clinical Trial Snapshot
- Research Takeaways
Introduction to the Data
The data used in this report are from three main sources
- A private database of 398 clinics representing about half of the clinics in the United States during the year 2022 is represented
- 20% of the clinics were analyzed for pricing of their treatment of depression
- 100% of the clinics were analyzed for their domain registration date was established to shed light on the velocity of new clinics based on date and location
- 100% of the clinics were analyzed for military discounts
- 100% of the clinics were analyzed for location
- 99 clinics were extracted based on their The National Provider Identifier (NPI) for a better understanding of the enumeration date (the NPI is a unique identification number for covered health care providers) or when the clinic was established
- All clinical trial data have been aggregated through the official directory https://clinicaltrials.gov/
Sample data object for a clinic:
Industry Pricing
IV for Depression Lowest Pricing Tier
20% of the clinics were sampled for pricing data regarding their treatment for depression.
Background
As a clinic, it’s important to understand where you fall on the pricing spectrum in relation to other clinics in your area. This will help you determine your target market and understand how to position yourself in the market.
If you are on the cheaper end of the spectrum, with prices similar to the $200 per infusion clinic described in the article, you may want to focus on efficiency and convenience in your marketing efforts. You may want to emphasize the fact that patients can come in for a quick treatment and be on their way, rather than spending an extended period of time at the clinic. You may also want to highlight the hospital-like atmosphere and any other features that make your clinic a more convenient option for patients.
If you are on the more expensive end of the spectrum, with prices similar to the $1000 per infusion clinic described in the article, you may want to focus on the comprehensive range of services and the comfortable ambiance of your clinic. You may want to highlight the fact that you offer a variety of therapies, including talk therapy and other treatments, and emphasize the attention and care provided by your staff. You may also want to highlight any amenities or features that contribute to the comfort and relaxation of your patients.
Regardless of where you fall on the pricing spectrum, it’s important to be transparent about your pricing and to clearly communicate the value that you offer to patients. This will help you attract the right patients and build trust with your client base.
Age of Clinics
Data Background
Based on 99 clinics drawn based on their NPI number the above locations were formed and the stated year.
List of Average Formation Date by State
IV infusions are a common medical treatment that involves administering medication or fluids directly into a patient’s vein through an intravenous (IV) line. While this treatment can be highly effective, it is also associated with certain risks, particularly when it is performed by inexperienced practitioners.
For this reason, patients and organizations seeking top-quality medical care should be mindful of the experience level of the clinic they choose. Specifically, patients may wish to consider the number of years a clinic has been in operation when selecting a provider for their IV infusion needs.
Clinics that have been in business for a longer period of time are generally more experienced at administering IV infusions and are therefore more likely to have the knowledge and skills needed to do so safely.
In conclusion, many organizations recommend based on the experience level of the clinic aka the formation date.
Data Background
To get another view of when most clinics were formed we analyze when the domain was registered of 398 clinics websites.
Military Discounts
Discounts Based on Location
Discount Callouts on Websites
Data Background
The clinic’s websites were analyzed for the presence of the word “discount.”
Market Sizing
Number of Clinics by Location in the US
Top 5 States by Clinic Count
States With Lowest Clinic Count
How to Read the Chart
244 Clinics only have 1 location
1 Clinic has 21 locations
Ketamine Therapy Patient Pool Table
Clinic Profit Margin Example
Clinical Trial Snapshot
Phase 4 Trials by Compound
Number of Studies by Compound in Phase 3 and 4
Research Takeaways
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