North America Compounding Pharmacies Market Size & Outlook
The compounding pharmacies market in North America is expected to reach a projected revenue of US$ 7,995.9 million by 2030. A compound annual growth rate of 4.9% is expected of North America compounding pharmacies market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,704.0
Forecast, 2030 (US$M)
$7,995.9
CAGR, 2024 - 2030
4.9%
Report Coverage
North America
North America compounding pharmacies market, 2018-2030 (US$M)
Related Markets
North America compounding pharmacies market highlights
- The North America compounding pharmacies market generated a revenue of USD 5,704.0 million in 2023.
- The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, pain management was the largest revenue generating therapeutic area in 2023.
- Nutritional Supplements is the most lucrative therapeutic area segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,704.0 million |
| Market revenue in 2030 | USD 7,995.9 million |
| Growth rate | 4.9% (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 |
| Key market players worldwide | Walgreens Boots Alliance Inc, Fresh Tracks Therapeutics Inc, Fagron SA, Albertsons Companies Inc Class A, Aurora Cannabis Inc, Trxade Health Inc, Specialist Pharmacy, Galenic, Apollo Hospitals Enterprise, Formul8, Fusion Apothecary |
Other key industry trends
- In terms of revenue, North America region accounted for 43.5% of the global compounding pharmacies market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,616.3 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 |
|---|
North America 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 32.97% in 2023. Horizon Databook has segmented the North America 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.
- North America Compounding Pharmacies Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Hormone Replacement Therapy
- Pain Management
- Dermatology
- Specialty Drugs
- Nutritional Supplements
- Other Therapeutic Areas
- North America Compounding Pharmacies Age Cohort Outlook (Revenue, USD Million, 2018-2030)
- Pediatric
- Adult
- Geriatric
- North America 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
- North America Compounding Pharmacies Sterility Outlook (Revenue, USD Million, 2018-2030)
- Sterile
- Non Sterile
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Target buyers of North America 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 continent-level data and insights on the North America compounding pharmacies market , including forecasts for subscribers. This continent databook contains high-level insights into North America compounding pharmacies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America compounding pharmacies market size, by country, 2018-2030 (US$M)
North America Compounding Pharmacies Market Outlook Share, 2023 & 2030 (US$M)
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