Global Compounding Pharmacies Market Size & Outlook
The compounding pharmacies industry worldwide is expected to reach a projected revenue of US$ 18,590.8 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide compounding pharmacies industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13,114.9
Forecast, 2030 (US$M)
$18,590.8
CAGR, 2024 - 2030
5.1%
Report Coverage
Worldwide
Global compounding pharmacies market, 2018-2030 (US$M)
Related Markets
Global compounding pharmacies market highlights
- The global compounding pharmacies market generated a revenue of USD 13,114.9 million in 2023 and is expected to reach USD 18,590.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.1% by 2030.
- In terms of segment, pain management accounted for a revenue of USD 4,326.3 million in 2023.
- Nutritional Supplements is the most lucrative therapeutic area segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 13,114.9 million |
| Market revenue in 2030 | USD 18,590.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Pain management |
| Fastest growing segment | Nutritional Supplements |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hormone Replacement Therapy, Pain Management, Dermatology, Specialty Drugs, Nutritional Supplements, Other Therapeutic Areas |
Other key industry trends
- In terms of revenue, the North America accounted for 43.5% of the global compounding pharmacies market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Sweden is the fastest growing regional market and is projected to reach USD 122.7 million by 2030.
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Compounding Pharmacies Market Scope
Compounding pharmacies market segmentation & scope
Compounding Pharmacies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global compounding pharmacies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compounding pharmacies market will help companies and investors design strategic landscapes.
pain management was the largest segment with a revenue share of 32.99% in 2023. Horizon Databook has segmented the Global compounding pharmacies market based on hormone replacement therapy, pain management, dermatology, specialty drugs, nutritional supplements, other therapeutic areas covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Compounding Pharmacies Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Hormone Replacement Therapy
- Pain Management
- Dermatology
- Specialty Drugs
- Nutritional Supplements
- Other Therapeutic Areas
- Global Compounding Pharmacies Age Cohort Outlook (Revenue, USD Million, 2018-2030)
- Pediatric
- Adult
- Geriatric
- Global Compounding Pharmacies Compounding Type Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical Ingredient Alteration (PIA)
- Currently Unavailable Pharmaceutical Manufacturing (CUPM)
- Pharmaceutical Dosage Alteration (PDA)
- Other Compounding Types
- Global Compounding Pharmacies Sterility Outlook (Revenue, USD Million, 2018-2030)
- Sterile
- Non Sterile
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Target buyers of Global compounding pharmacies market databook
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Our clientele includes a mix of compounding pharmacies market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global compounding pharmacies market , including forecasts for subscribers. This global databook contains high-level insights into Global compounding pharmacies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global compounding pharmacies market statistics, by region, 2018-2030 (US$M)
Top 10 countries by Compounding Pharmacies Market revenue, 2023 (USD Million)
Top 10 countries by Compounding Pharmacies Market revenue, 2023 (USD Million)
Global compounding pharmacies market, by region, 2023 (US$M)
Related regional statistics
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