Compounding Pharmacies Market – Global Industry Analysis and Forecast (2025–2032)

The Compounding Pharmacies Market size was valued at USD 10.39  Billion in 2024 and the total Compounding Pharmacies revenue is expected to grow at a CAGR of 4% from 2025 to 2032, reaching nearly USD 14.22 Billion.

Favourable demographic inclinations towards improved life expectancy coupled with rising geriatric population will render substantial positive impact on Global Compounding Pharmacies Market growth. Patient of old age normally needs dosage forms and drug excipients that are unalike from commercially available products in market. In such circumstances, compounded medications tailor-made to individual needs allow superior handling of disease conditions. As a result, growing number of geriatric population will boost the market for compounded medications.

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Dearth of availability of skilled workforce coupled with high cost of sophisticated equipment required for compounding medicines might hamper the market growth by 2024. Continuously, changing regulations will further hinder the industry growth affecting the production of compounded drugs on large scale. Lack of timely availability of customary drugs will lead the demand for compounded medications. Shortage of drugs might have severe repercussion such as death of patients. For instance, Europe and North America region have witnessed substantial drug shortage over past few years.

Oral product segment from Global Market accounted for highest market share in 2024. The high market value is owed to the growing demand for compounded oral medicine, particularly in the domain of pain management. Additionally, the oral liquid dosage forms are favoured due to associated ease of administration and convenience. Geriatric people time and again desire liquid oral dosage form in auxiliary to commercially available dosage forms.

Adult application segment will show a robust growth over the upcoming years. Increasing prevalence of cardiovascular, respiratory oncology, viral, and bacterial diseases in adult population will mainly boost the segment growth. Women over the age of 40years suffering from hormonal changes in their body require compounded hormonal medications. This will additionally support the segment growth over the forecast timeframe.
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Global Compounding Pharmacies Market


Report Coverage
Details


Base Year:
2024
Forecast Period:
2025-2032


Historical Data:
2019 to 2024
Market Size in 2024:
USD 10.39 Bn.


Forecast Period 2025 to 2032 CAGR:
4 %
Market Size in 2032:
USD 14.22 Bn.


 Segments Covered:
by Product
Oral
Solid preparations
         Tablets
         Capsules
         Granules
         Powder
         Others
Liquid preparations
        Solutions
        Suspension
         Emulsion
         Syrup
         Others
Topical
         Ointments
         Creams
         Gels
         Pastes
         Others
Rectal
         Suppositories
         Edema
          Others
Parenteral
Inhaler
Ophthalmic
          Eye drops
          Ear drops
          Nasal drops
          Others


by Application
Pediatrics
Adult
Geriatric
Veterinary Therapeutic Area
Hormone Replacement
Pain Management


by Therapeutic Area
Dermatology
Pain management
Specialty drugs
Nutritional supplements
Hormone replacement
Others



Compounding Pharmacies Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Compounding Pharmacies Market, Key Players
1. B. BraunAthenex Pharma Solutions
2. Fresenius Kabi
3. Clinigen Group PLC
4. Dougherty's Pharmacy, Inc.
5. Fagron
6. Lorraine’s Pharmacy
7. Institutional Pharmacy Solutions
8. McGuff Company Inc.
9. Nephron Pharmaceuticals Corporation
10. Rx3 Compounding Pharmacy
11. Wedgewood Village Pharmacy, Inc.
12. Pencol Compounding Pharmacy
13. Triangle Compounding Pharmacies
14. Wedgewood Village Pharmacy, Inc.
15. PharMEDium Services, LLC
16. Cantrell Drug Company
17. Elixir Compounding Pharmacy
18. Avella specialty pharmacy
19. US Compounding Inc
20. Belle Santé Diagnostic & Therapeutic Institute Pvt. Ltd

Frequently Asked Questions:

1] What segments are covered in the Compounding Pharmacies Market report?
Ans. The segments covered in the Market report are based on Product and application.

2] Which region is expected to hold the highest share in the Compounding Pharmacies Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Compounding Pharmacies Market.

3] What is the market size of the Compounding Pharmacies Market by 2032?
Ans. The market size of the Compounding Pharmacies Market by 2032 is USD 14.22 Bn.

4] What is the forecast period for the Compounding Pharmacies Market?
Ans. The forecast period for the Compounding Pharmacies Market is 2025-2032.

5] What was the Global Compounding Pharmacies Market size in 2024?
Ans: The Global Compounding Pharmacies Market size was USD 10.39 Billion in 2024.