"Designing Growth Strategies is in our DNA"

Compounding Pharmacy Market Size, Share & Industry Analysis, By Application (Pain Management, Dermatology, Hormone Replacement Therapy, Oncology), By Service (Ingredient Alteration, Application or Delivery Alteration, Pharmaceutical Dosage Alteration, Filling Supply Shortages), By Route Of Administration (Oral, Topical, Parenteral, Rectal), By Usage (Pediatrics, Geriatrics, Adults, Veterinary) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103349 | Status : Ongoing



Compounding is the science of making drugs prescribed by doctors for specific patients with needs that can’t be met by commercially available drugs. The medications are manufactured based on the doctor’s prescription, and the individual ingredients are mixed together as per the suggested dosage form and strength. State boards of pharmacy ensure that these pharmacies follow state regulations for pharmacy practice and the FDA regulates the integrity of the drugs and the active pharmaceutical ingredient from which they are made. The advantage of compounding drugs such as customization according to patient’s needs leading to growing preference, growing number of product launches by the key players in compounding drugs, growing research activities in compounding drugs, and lack of timely availability of standard drugs are some of the factors that are expected to augment the market growth during the forecast period. For instance, In October 2017, Imprimis Pharmaceuticals launched a compounded cyclosporine- based formulation for the treatment of eye disease.

The advantage of compounding drugs such as customization according to patient’s needs, a growing number of product launches by the key players in compounding drugs, and lack of timely availability of standard drugs are some of the factors that are driving the market growth during the upcoming years

Up Arrow

Key Market Driver -

Growing preference of compounding drugs, lack of timely availability of standard drugs

Down Arrow

Key Market Restraint -

High costs associated with compounding pharmacy, lack of efficient regulations

However, the lack of efficient regulations leading to the formation of adulterated drugs, and high costs associated with compounding pharmacy is likely to hamper the growth of the compounding pharmacy market.

Market Segmentation:

By application, the market can be segmented into pain management, dermatology, hormone replacement therapy, oncology urology, and others. By service, the market can be segmented into ingredient alteration, application or delivery alteration, pharmaceutical dosage alteration, filling supply shortages, and animal specialized manufacturing. By route of administration, the market can be segmented into oral, topical, parenteral, rectal, and others. By usage, the market can be segmented into pediatrics, geriatrics, adults, and veterinary.

Geographically, the compounding pharmacy market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The major companies in the global compounding pharmacy market report includes Fresenius Kabi AG, B. Braun Medical Inc., Fagron, LLC, PharMEDium Services, WEDGEWOOD PHARMACY, Lee Silsby Compounding Pharmacy, INC., DOUGHERTY'S HOLDINGS, ACPHARM Queensland, Village Compounding Pharmacy, and other prominent players.

Key Insights

  • Number of Compounding Pharmacies, by Key Countries

  • Compounding Pharmacy Industry SWOT Analysis

  • Regulatory scenario, by Key Countries

  • Recent Industry Developments such as Key Mergers & Acquisitions

Regional Analysis:

The global compounding pharmacy market is expected to be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to lead the global compounding pharmacy market due to an increasing preference for compounding drugs among people in the U.S. Also, the availability of advanced healthcare facilities and research and development in compounding pharmacy are responsible factors for its dominance. Europe is likely to have second-largest market share during the forecast period owing to the growing pharmaceutical awareness among people about compounding drugs. Asia Pacific and Latin America are expected to register fast market growth during the forecast period due to the increasing preference for compounding drugs, and awareness about the compounding pharmacy among the people. On the other hand, the Middle East and Africa is projected to have a lucrative growth in compounding pharmacy market in the near future.

To gain extensive insights into the market, Request for Customization




By Application

  • Pain Management

  • Dermatology

  • Hormone Replacement Therapy

  • Oncology

  • Urology

  • Others

By Service

  • Ingredient Alteration

  • Application or Delivery Alteration

  • Pharmaceutical Dosage Alteration

  • Filling Supply Shortages

  • Animal Specialized Manufacturing

By Route Of Administration

  • Oral

  • Topical

  • Parenteral

  • Rectal

  • Others

By Usage

  • Pediatrics

  • Geriatrics

  • Adults

  • Veterinary

By Geography

  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Compounding Pharmacy Industry Developments

  • In January 2018, The Pharmacy Technician Certification Board (PTCB) launched PTCB Certified Compounded Sterile Preparation Technician (CSPT) Program with an aim to advance medication safety.

  • In October 2017, Imprimis Pharmaceuticals launched compounded cyclosporine- based formulation for treatment of eye disease.

  • In February 2017, Panaceutics Inc., a personalized medicine and clinical nutrition company acquired Triangle Compounding Pharmacy (TCP).

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.