In 2023, the import of Cortisone, Hydrocortisone, Prednisone, and Prednisolone to the US stood at a significant volume, serving as the baseline for the forecasted data from 2024 onwards. From 2024 to 2028, the import volume shows a slight downward trend, with negligible year-on-year variations indicating a steadiness around 0% to -0.3%. The Compound Annual Growth Rate (CAGR) over this period reflects a subtle decline. Considered over a decade, the volume showcases a consistent decrement, suggesting stability in demand yet hinting at underlying factors such as potential shifts toward domestic production or alternative therapies.
Future trends to watch:
- Advancements in biotechnology that may lead to alternative treatments impacting import volumes.
- Policy changes influencing pharmaceutical trade and import regulations.
- Shifts in healthcare demand due to demographic changes impacting steroid usage or prescription habits.