Cortisone Market Size and Share

Cortisone Market Size
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Cortisone Market Analysis by Mordor Intelligence

The Cortisone Market size is projected to be USD 3.36 billion in 2025, USD 3.58 billion in 2026, and reach USD 4.92 billion by 2031, growing at a CAGR of 6.55% from 2026 to 2031.

Demand is supported by the ongoing burden of arthritis, autoimmune conditions, and adrenal disorders requiring rapid anti-inflammatory treatment or glucocorticoid replacement. The World Health Organization reported that 18 million people were living with rheumatoid arthritis globally, while the Centers for Disease Control and Prevention reported that 58.5 million U.S. adults had arthritis and 25.7 million had arthritis-attributable activity limitations. Cortisone products remain widely used due to their rapid action and availability in injectable and oral formats, particularly where biologic medicines are costly or unavailable. Suppliers are addressing price pressure in established generic products through easier-to-use injectable formats, soluble formulations, and replacement therapies aligned with patient dosing needs.

Key Report Takeaways

  • By product type, cortisone acetate held 56.45% of the Cortisone market share in 2025, while cortisone sodium phosphates is projected to grow at a 9.23% CAGR through 2031.
  • By dosage form, injectable preparations accounted for 54.34% of revenue in 2025, while oral tablets are projected to expand at an 8.88% CAGR through 2031.
  • By route of administration, intra-articular and local injection held 45.88% of revenue in 2025, while the intramuscular route is expected to advance at a 10.55% CAGR through 2031.
  • By therapeutic application, rheumatoid and psoriatic arthritis represented 47.23% of revenue in 2025, while adrenal insufficiency and congenital adrenal hyperplasia are projected to grow at an 11.34% CAGR through 2031.
  • By end user, hospitals accounted for 53.13% of revenue in 2025, while specialty clinics are projected to grow at an 8.45% CAGR through 2031.
  • By geography, North America held 41.66% of revenue in 2025, while Asia-Pacific is projected to grow at a CAGR of 10.65% through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product Type: Cortisone Acetate Supports Revenue while Phosphate Salts Lead Growth

Cortisone Acetate accounted for 56.45% of product-type revenue in 2025, making it the primary revenue contributor in the cortisone market. Established oral protocols, broad generic formulary inclusion, and continued replacement use support demand. Generic competition has reduced acquisition costs, sustaining volumes despite pressure on manufacturer margins. Familiar dosing and broad availability reinforce its use in treatment pathways that prioritize reliable access.

Cortisone Sodium Phosphates are projected to grow at a CAGR of 9.23% from 2026 to 2031, the highest rate among product types. Water solubility supports intravenous administration in hospital, critical-care, and perioperative settings. Demand for ready-to-use formulations is increasing, particularly for adrenal crisis and severe anaphylaxis protocols. Suspension and compounded products retain smaller roles in dermatological and ophthalmic applications.

Cortisone Market Share by Product Type, 2025
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Cortisone Market Share by Product Type, 2025

By Dosage Form: Injectable Preparations Lead while Oral Tablets Grow Fastest

Injectable Preparations accounted for 54.34% of dosage-form revenue in 2025, representing the largest dosage-form segment in the cortisone market. They support intra-articular, intramuscular, and intravenous administration across rheumatology, orthopedics, emergency medicine, and critical care. Recurring hospital and specialty-clinic procurement arrangements help stabilize demand. Injectable products remain important when rapid treatment is required or oral administration is unsuitable.

Oral Tablets are projected to grow at a CAGR of 8.88% from 2026 to 2031, the fastest rate among dosage forms. Growth is driven by outpatient chronic-disease management, dose tapering, and replacement therapy for congenital adrenal hyperplasia and adrenal insufficiency. Modified-release products provide more tailored dosing, although availability varies by country. A 2025 study of 790 patients found that modern glucocorticoid therapies had reached only 5% of the observed congenital adrenal hyperplasia cohort by 2023. Immediate-release tablets remain important as affordable options for outpatient tapering schedules.

By Route of Administration: Local Injection Leads while Intramuscular Use Gains Momentum

Intra-Articular and Local Injection accounted for 45.88% of route-of-administration revenue in 2025. This route is widely used to treat osteoarthritis, inflammatory arthritis, bursitis, and tendinitis. Ultrasound-guided administration has improved targeting in anatomically complex locations and supports outpatient procedures. Local administration can also limit systemic exposure in patients with focal pain or inflammation.

The Intramuscular Route is projected to grow at a CAGR of 10.55% from 2026 to 2031, the fastest rate among administration routes. Depot injections support single-dose treatment for patients with poor adherence to oral regimens or limited intravenous access. In June 2025, Hikma launched Triamcinolone Acetonide Injectable Suspension, USP, 40 mg/mL, in the United States as its first complex injectable corticosteroid suspension in the country. The product was approved for inflammatory, autoimmune, hormonal, and other corticosteroid-responsive conditions. Clinic-administered depot treatments can reduce adherence challenges associated with repeated oral dosing.

Cortisone Market Share by Route of Administration, 2025
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Cortisone Market Share by Route of Administration, 2025

By Therapeutic Application: Rheumatic Disease Leads while Adrenal Indications Expand Fastest

Rheumatoid and Psoriatic Arthritis accounted for 47.23% of therapeutic-application revenue in 2025. Corticosteroids remain important for short-course disease control while longer-acting disease-modifying therapies take effect. Osteoarthritis, bursitis, and tendinitis form the next major indication group, supported by aging patient populations and greater availability of ambulatory injection procedures. Disease severity, affected joints, prior therapy, and the need for prompt symptom control influence treatment selection.

Adrenal Insufficiency and Congenital Adrenal Hyperplasia are projected to grow at a CAGR of 11.34% through 2031. Newborn screening and improved adult diagnosis are expanding the number of patients receiving long-term replacement therapy. A 2025 Nature Reviews Endocrinology article described combination approaches using CRF1 antagonists and glucocorticoids to reduce steroid doses while maintaining replacement coverage. Dermatological, respiratory, allergic, ophthalmic, hematological, and neoplastic disorders also contribute to demand. Interest in low-dose regimens is increasing to balance clinical control with cumulative glucocorticoid exposure.

By End User: Hospitals Lead while Specialty Clinics Build Their Role

Hospitals accounted for 53.13% of end-user revenue in 2025, giving them the leading position in the cortisone market. They manage acute and complex inflammatory conditions that often require injectable treatments, critical-care protocols, and multidisciplinary support. Formal procurement processes for injectable corticosteroids create predictable volume demand for suppliers with reliable availability. Hospitals remain critical for emergency treatment, including adrenal crisis and severe allergic reactions.

Specialty Clinics are projected to grow at a CAGR of 8.45% from 2026 to 2031, the highest rate among end-user settings. Rheumatology, endocrinology, dermatology, and sports-medicine practices serve concentrated patient populations requiring corticosteroid treatment. Endocrinology clinics are positioned to benefit as screening identifies more congenital adrenal hyperplasia and adrenal insufficiency cases. Homecare, physician offices, primary-care practices, and ambulatory surgical centers continue to expand their role as care shifts toward outpatient settings.

Cortisone Market Share by End User, 2025
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Cortisone Market Share by End User, 2025

Geography Analysis

North America held 41.66% of global revenue in 2025 and was the largest regional contributor to the Cortisone market. High diagnosis rates for arthritis and autoimmune diseases, reimbursement support for injectable procedures and oral corticosteroids, and established specialist networks in the United States drove regional demand. Canada added volume through provincial public drug formularies, while Mexico emerged as the fastest-growing national opportunity due to expanding private clinic capacity, a large working-age population, and rising demand for musculoskeletal injury treatment. Suppliers addressed this demand through clinic-focused distribution and affordable injectable offerings.

Asia-Pacific was forecast to grow at a CAGR of 11.65% through 2031, the fastest regional growth rate in the Cortisone market. China remained a major corticosteroid active pharmaceutical ingredient production base, while India combined export-oriented manufacturing with growing domestic demand. Japan, South Korea, Vietnam, Indonesia, and Thailand offered growth potential through aging populations, increasing healthcare access, and improving specialist density.

The Middle East and Africa remained constrained by affordability, although health infrastructure investment in Saudi Arabia and the United Arab Emirates improved access to essential corticosteroid treatment. Suppliers needed to balance cost-competitive offerings, reliable supply, regulatory compliance, product registrations, distribution capacity, and pricing across varied reimbursement systems. These conditions favored lower-cost generic products in some markets and differentiated formulations in others.

Cortisone Market Growth Rate by Region
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Competitive Landscape

The Cortisone market is moderately fragmented, with global pharmaceutical groups, specialized injectable manufacturers, branded-generic suppliers, and regional active pharmaceutical ingredient producers participating. Pfizer, Sandoz, and Teva compete alongside companies focused on complex injectables and generic medicines. No company holds a decisive revenue majority in the available information. Competition is driven by product portfolio, pricing, hospital formulary access, supply reliability, and capabilities in complex injectable products. Generic competition is most visible in established cortisone acetate products, where broad formulary inclusion supports volume but limits unit pricing.

Hikma expanded its U.S. injectable portfolio in June 2025 with Triamcinolone Acetonide Injectable Suspension, USP, 40 mg/mL. The launch reflected continued interest in technically complex suspension products beyond conventional oral generics. Eton Pharmaceuticals received FDA approval for KHINDIVI in May 2025, providing a hydrocortisone oral-solution option for pediatric patients aged 5 years and older with adrenocortical insufficiency. These developments showed suppliers’ focus on specialized presentations and defined patient populations.

Opportunities remain in formulations that reduce preparation steps, support dose optimization, or improve access for underserved endocrine populations. Extended-release oral therapies and modified-dose pediatric products remain relevant as treatment needs vary by age group and care setting. Quality-compliant Indian and Chinese generic manufacturers may increase competition in Southeast Asia and the Middle East as they pursue injectable-product approvals.

Cortisone Industry Leaders

  1. Sanofi

  2. Pfizer Inc.

  3. Merck & Co., Inc.

  4. Novartis AG

  5. AstraZeneca PLC

  6. *Disclaimer: Major Players sorted in no particular order
Cortisone Market Concentration
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Recent Industry Developments

  • June 2025: Hikma Pharmaceuticals launched Triamcinolone Acetonide Injectable Suspension, USP, 40 mg/mL, its first complex injectable corticosteroid suspension in the United States, targeting corticosteroid-responsive conditions.
  • May 2025: Eton Pharmaceuticals received FDA approval for KHINDIVI, the first approved hydrocortisone oral solution for patients aged 5 years and older with adrenocortical insufficiency, expanding access to pediatric corticosteroid replacement therapy.
  • March 2025: ANI Pharmaceuticals received FDA approval for prefilled syringe presentations of Purified Cortrophin Gel in 40 USP units/0.5 mL and 80 USP units/mL single-dose options, streamlining administration for eligible patients.
  • March 2025: ANI Pharmaceuticals received FDA approval to expand the ILUVIEN label to include chronic non-infectious uveitis affecting the posterior segment, alongside diabetic macular edema, and extended its supply agreement with Siegfried AG through 2029.

Table of Contents for Cortisone Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Burden of Osteoarthritis, Rheumatoid Arthritis and Gout
    • 4.2.2 Growth in Adrenal-Insufficiency Diagnosis and Replacement Therapy
    • 4.2.3 Preference for Rapid and Low-Cost Anti-Inflammatory Treatment
    • 4.2.4 Expansion of Outpatient Orthopedic and Sports-Medicine Procedures
    • 4.2.5 Underdiagnosed Adrenal Disease in Emerging Healthcare Systems
    • 4.2.6 Increasing Demand for Circadian-Matched and Dose-Optimized Replacement
  • 4.3 Market Restraints
    • 4.3.1 Adverse Effects Associated with Cumulative Glucocorticoid Exposure
    • 4.3.2 Competition from Hydrocortisone, Prednisolone and Steroid-Sparing Therapies
    • 4.3.3 Generic Price Erosion and Limited Differentiation of Cortisone Acetate
    • 4.3.4 Supply Vulnerability from Low-Volume Steroid API and Manufacturer Concentration
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE, USD)

  • 5.1 By Product Type
    • 5.1.1 Cortisone Acetate
    • 5.1.2 Cortisone Sodium Phosphates
    • 5.1.3 Others
  • 5.2 By Dosage Form
    • 5.2.1 Oral Tablets
    • 5.2.2 Injectable Preparations
    • 5.2.3 Topical Preparations
    • 5.2.4 Other Dosage Forms
  • 5.3 By Route of Administration
    • 5.3.1 Oral Route
    • 5.3.2 Intra-Articular and Local Injection Route
    • 5.3.3 Intramuscular Route
    • 5.3.4 Topical Route
    • 5.3.5 Other Administration Routes
  • 5.4 By Therapeutic Application
    • 5.4.1 Adrenal Insufficiency and Congenital Adrenal Hyperplasia
    • 5.4.2 Rheumatoid and Psoriatic Arthritis
    • 5.4.3 Osteoarthritis, Bursitis and Tendinitis
    • 5.4.4 Dermatological Disorders
    • 5.4.5 Respiratory and Allergic Disorders
    • 5.4.6 Ophthalmic Inflammatory Disorders
    • 5.4.7 Hematological and Neoplastic Disorders
    • 5.4.8 Other Therapeutic Application
  • 5.5 By End User
    • 5.5.1 Hospitals
    • 5.5.2 Specialty Clinics
    • 5.5.3 Physician Offices and Primary-Care Practices
    • 5.5.4 Ambulatory Surgical Centers
    • 5.5.5 Homecare Settings
    • 5.5.6 Others
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Spain
    • 5.6.2.6 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 India
    • 5.6.3.3 Japan
    • 5.6.3.4 Australia
    • 5.6.3.5 South Korea
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 Middle East and Africa
    • 5.6.4.1 GCC
    • 5.6.4.2 South Africa
    • 5.6.4.3 Rest of Middle East and Africa
    • 5.6.5 South America
    • 5.6.5.1 Brazil
    • 5.6.5.2 Argentina
    • 5.6.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.3.1 AbbVie Inc.
    • 6.3.2 AdvaCare Pharma
    • 6.3.3 Amneal Pharmaceuticals, Inc.
    • 6.3.4 ANI Pharmaceuticals, Inc.
    • 6.3.5 AstraZeneca PLC
    • 6.3.6 Bristol-Myers Squibb Company
    • 6.3.7 Chartwell RX, LLC
    • 6.3.8 Cipla Limited
    • 6.3.9 Dr. Reddy's Laboratories Limited
    • 6.3.10 Eurofarma Laboratorios S.A.
    • 6.3.11 Farmabios S.p.A.
    • 6.3.12 Hikma Pharmaceuticals PLC
    • 6.3.13 Merck & Co., Inc.
    • 6.3.14 Pfizer Inc.
    • 6.3.15 Pharmascience Inc.
    • 6.3.16 Sandoz Group AG
    • 6.3.17 Sanofi
    • 6.3.18 Sun Pharmaceutical Industries Limited
    • 6.3.19 Teva Pharmaceutical Industries Ltd.
    • 6.3.20 Viatris Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment

Global Cortisone Market Report Scope

As per the scope of the report, cortisone is a steroid hormone and powerful anti-inflammatory medication that mimics cortisol, a natural hormone produced by the adrenal glands. It is manufactured in laboratories to calm an overactive immune system, reduce swelling, and relieve chronic pain.

The cortisone market is segmented by product type, dosage form, route of administration, therapeutic application, end user, and geography. By product type, the market includes cortisone acetate, cortisone sodium phosphates, and others. By dosage form, the market is segmented into oral tablets, injectable preparations, topical preparations, and other dosage forms. By route of administration, the market is categorized into oral, intra-articular and local injection, intramuscular, topical, and other routes of administration. By therapeutic application, the market includes adrenal insufficiency and congenital adrenal hyperplasia; rheumatoid and psoriatic arthritis; osteoarthritis, bursitis, and tendinitis; dermatological disorders; respiratory and allergic disorders; ophthalmic inflammatory disorders; hematological and neoplastic disorders; and other therapeutic applications. By end user, the market is segmented into hospitals, specialty clinics, physician offices and primary care practices, ambulatory surgical centers, home care settings, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers estimated market sizes and trends for 17 countries across major regions globally. The report offers market sizes and forecasts in terms of value (USD) for the above segments.

By Product Type
Cortisone Acetate
Cortisone Sodium Phosphates
Others
By Dosage Form
Oral Tablets
Injectable Preparations
Topical Preparations
Other Dosage Forms
By Route of Administration
Oral Route
Intra-Articular and Local Injection Route
Intramuscular Route
Topical Route
Other Administration Routes
By Therapeutic Application
Adrenal Insufficiency and Congenital Adrenal Hyperplasia
Rheumatoid and Psoriatic Arthritis
Osteoarthritis, Bursitis and Tendinitis
Dermatological Disorders
Respiratory and Allergic Disorders
Ophthalmic Inflammatory Disorders
Hematological and Neoplastic Disorders
Other Therapeutic Application
By End User
Hospitals
Specialty Clinics
Physician Offices and Primary-Care Practices
Ambulatory Surgical Centers
Homecare Settings
Others
By Geography
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
India
Japan
Australia
South Korea
Rest of Asia-Pacific
Middle East and AfricaGCC
South Africa
Rest of Middle East and Africa
South AmericaBrazil
Argentina
Rest of South America
By Product TypeCortisone Acetate
Cortisone Sodium Phosphates
Others
By Dosage FormOral Tablets
Injectable Preparations
Topical Preparations
Other Dosage Forms
By Route of AdministrationOral Route
Intra-Articular and Local Injection Route
Intramuscular Route
Topical Route
Other Administration Routes
By Therapeutic ApplicationAdrenal Insufficiency and Congenital Adrenal Hyperplasia
Rheumatoid and Psoriatic Arthritis
Osteoarthritis, Bursitis and Tendinitis
Dermatological Disorders
Respiratory and Allergic Disorders
Ophthalmic Inflammatory Disorders
Hematological and Neoplastic Disorders
Other Therapeutic Application
By End UserHospitals
Specialty Clinics
Physician Offices and Primary-Care Practices
Ambulatory Surgical Centers
Homecare Settings
Others
By GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
India
Japan
Australia
South Korea
Rest of Asia-Pacific
Middle East and AfricaGCC
South Africa
Rest of Middle East and Africa
South AmericaBrazil
Argentina
Rest of South America

Key Questions Answered in the Report

What is the projected value of the Cortisone market by 2031?

The Cortisone market is projected to reach USD 4.92 billion by 2031, from USD 3.98 billion in 2026, at a 6.55% CAGR. Growth is supported by continued use for inflammatory conditions and adrenal replacement care.

Which product type generated the most revenue in 2025?

Cortisone Acetate led product-type revenue with a 56.45% share in 2025. Its position reflects broad generic availability, established protocols, and formulary inclusion where newer formulations have limited reimbursement.

Which therapeutic application is growing fastest?

Adrenal Insufficiency and Congenital Adrenal Hyperplasia is forecast to grow at an 11.34% CAGR through 2031. Screening programs and improved adult diagnosis are increasing the number of patients who need continuing glucocorticoid replacement.

Why are injectable corticosteroids important in clinical care?

Injectables held 54.34% of dosage-form revenue in 2025 because they are used across rheumatology, orthopedics, emergency medicine, and critical care. They are valuable when rapid action, local delivery, or treatment without oral administration is required.

Which region is expected to grow fastest through 2031?

Asia-Pacific is forecast to grow at an 11.65% CAGR through 2031, supported by manufacturing capacity and improving healthcare access. China and India combine pharmaceutical production with growing domestic demand, while Southeast Asian countries are expanding specialist care.

What factors limit long-term cortisone use?

Bone-loss risks, competing glucocorticoids and steroid-sparing therapies, generic price erosion, and concentrated active pharmaceutical ingredient supply can limit long-term use. These factors place greater importance on careful patient selection, supply reliability, and differentiated formulations.

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