Researchers agree that ketamine can lift symptoms of major depression quickly for some people, often within hours to a day. Many trials show fast drops in suicidal thoughts and short-term mood improvement, but these effects usually fade over days to weeks unless treatment is repeated. Esketamine, a related nasal form, is approved for hard-to-treat depression and must be given in clinics with monitoring. Outside depression, scientists are testing ketamine for PTSD, anxiety, addiction, and other conditions. Early results are mixed or smaller for those problems. People still debate the best dose, how often to repeat treatments, how long benefits last, how much the drug experience or therapy around it matters, and what long-term risks (including possible misuse) might be.