Compounding Pharmacy Market
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 Attribute | Details |
No. of Pages | 187 |
Forecast Period | 2023 – 2030 |
Estimated Market Value (USD) in 2023 | $13 Billion |
Forecasted Market Value (USD) by 2030 | $17.7 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |
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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Source link
Market to Reach $17.7 Billion by 2030 from $13 Billion in 2023 #Market #Reach #Billion #Billion
Source link Google News
Source Link: https://finance.yahoo.com/news/compounding-pharmacy-global-strategic-business-134900036.html