Compounding Pharmacy Global Strategic Business Report 2024: Market to Reach $17.7 Billion by 2030 from $13 Billion in 2023


Dublin, May 13, 2024 (GLOBE NEWSWIRE) -- The "Compounding Pharmacy - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Compounding Pharmacy Market to Reach $17.7 Billion by 2030

The global market for Compounding Pharmacy estimated at US$13 Billion in the year 2023, is projected to reach a revised size of US$17.7 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2023-2030. Oral Compounded Medicines, one of the segments analyzed in the report, is expected to record 4.5% CAGR and reach US$7.8 Billion by the end of the analysis period. Growth in the Topical Compounded Medicines segment is estimated at 3.7% CAGR for the next 8-year period.



The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 3.7% CAGR

The Compounding Pharmacy market in the U.S. is estimated at US$3.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 3.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Key Attributes:

Report AttributeDetails
No. of Pages187
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$13 Billion
Forecasted Market Value (USD) by 2030$17.7 Billion
Compound Annual Growth Rate3.9%
Regions CoveredGlobal


MARKET OVERVIEW

  • Influencer Market Insights
  • Compounding Pharmacy - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Global Economic Update

FOCUS ON SELECT PLAYERS(Total 27 Featured)

  • B. Braun Melsungen AG
  • Dougherty's Pharmacy, Inc.
  • Fagron NV
  • Fresenius Kabi AG
  • Village Compounding Pharmacy
  • Wedgewood Pharmacy

For more information about this report visit https://www.researchandmarkets.com/r/y2am5t

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Compounding Pharmacy Market

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