Compounding Pharmacies Market is anticipated to record a valuation of $14.84 Bn by 2031, growing at a CAGR of 6.2%

Allied Market Research published a report, titled, “Compounding Pharmacies Market by Therapeutic Area (Pain Management, Hormone Replacement Therapy, Dermal Disorders, Nutritional Supplements, Others), by Route of Administration (Oral, Topical, Others), by Sterility (Non-Sterile Compounding Drugs, Sterile Compounding Drugs): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global compounding pharmacies industry was estimated at $8.12 billion in 2021, and is anticipated to hit $14.84 billion by 2031, registering a CAGR of 6.2% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chain, competitive scenario, and regional landscape.

 Increase in prevalence of chronic disease. high adoption of non-sterile medication, increase in old age population and improved life expectancy, along with increasing awareness about compounding medications fuel growth of the compounding pharmacies market. 

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Key players in the industry-

• Athenex Pharma Solutions
• B. Braun Melsungen AG
• Fresenius SE and Co. KGaA
• Advanced Pharmacy
• McGuff Companies, Inc.
• Nephron pharmaceuticals
• RX3 compounding pharmacy
• Valor Compounding Pharmacy
• ITC compounding pharmacy
• Dougherty’s Pharmacy, Inc.
• Rx express compounding pharmacy
• Perrigo Company Plc (Fagron)
• New Compounding Pharma
• Institutional pharmacy solutions
• Olympia Compounding Pharmacy
• Panacea Biomatx Inc (Triangle Compounding Pharmacy)
• Pencol compounding pharmacy

Therapeutic Area

• Pain Management
• Hormone Replacement Therapy
• Dermal Disorders
• Nutritional Supplements
• Others

Route of Administration

• Oral
• Topical
• Others

Sterility

• Non-Sterile Compounding Drugs
  • Distribution Channel
    • Hospital Pharmacy
    • Compounding Pharmacy
    • Others
• Sterile Compounding Drugs
  • Distribution Channel
    • Hospital Pharmacy
    • Compounding Pharmacy
    • Others

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