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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