Hard HPMC Capsule Market Insights Video

According to Cognitive Market Research, the global Hard HPMC Capsule market size was USD 412.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 165.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 123.75 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 94.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 20.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 8.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
• The hospitals are the dominant end-user category in the Hard HPMC Capsule Market, largely due to their critical role in providing comprehensive healthcare services, including the administration of medications and treatments