United States Compounding Pharmacies Market Report and Forecast 2024-2032

United States Compounding Pharmacies Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the United States compounding pharmacies market is projected to grow at a CAGR of 6% between 2024 and 2032. Aided by the growing demand for personalised medications and the increasing prevalence of chronic diseases, the market is expected to grow significantly by 2032.

Compounding pharmacies play a crucial role in the healthcare system by creating customised medications tailored to the specific needs of patients. These pharmacies modify existing medications, create formulations that are not commercially available, and provide solutions for patients with allergies, paediatric requirements, or those needing unique dosage forms.

The United States compounding pharmacies market growth is primarily driven by the rising geriatric population and the increasing incidence of chronic diseases. As these conditions often require specialised medication regimens, compounding pharmacies are increasingly sought after for their ability to create bespoke solutions. Furthermore, the limitations of mass-produced pharmaceuticals in meeting individual patient needs are leading to a heightened demand for compounded medications.

The market is also benefiting from technological advancements in pharmaceutical compounding. According to the United States compounding pharmacies market analysis, state-of-the-art equipment and innovative techniques are enabling compounding pharmacies to produce more accurate and effective medications, enhancing patient outcomes. The adoption of digital technologies and automation in compounding processes is further streamlining operations and ensuring consistency in the quality of compounded medications.

Another factor boosting the United States compounding pharmacies market demand is the increasing awareness among healthcare professionals and patients about the advantages of compounded medications. Compounded drugs offer the flexibility to adjust dosages, eliminate non-essential ingredients, and create formulations that are not commercially available, providing significant benefits for patients with specific medical requirements.

The market landscape is characterised by the presence of several key players who are focusing on expanding their service offerings and enhancing their compounding capabilities. Strategic collaborations, investments in research and development, and the adoption of advanced compounding technologies are some of the key initiatives undertaken by market players to consolidate their position.

Therefore, considering all the factors, the United States compounding pharmacies market is poised for significant growth in the coming years. Driven by the rising demand for personalised medications, advancements in compounding technologies, and the increasing prevalence of chronic diseases, the market presents ample opportunities for growth and innovation.

Market Segmentation

The market can be divided based on type, compounding type, sterility, therapeutic area, distribution channel, and application.

Market Breakup by Type
  • Oral
  • Topical
  • Suppositories
  • Others
Market Breakup by Compounding Type
  • Pharmaceutical Ingredient Alteration (PIA)
  • Currently Unavailable Pharmaceutical Manufacturing (CUPM)
  • Pharmaceutical Dosage Alteration (PDA)
  • Others
Market Breakup by Sterility
  • Sterile
  • Non-sterile
Market Breakup by Therapeutic Area
  • Pain Management
  • Hormone Replacement Therapy (HRT)
  • Others
Market Breakup by Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
  • Online
  • Others
Market Breakup by Application
  • Paediatric
  • Adult
  • Geriatric
  • Veterinary
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States compounding pharmacies market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Fagron N.V.
  • PharMedium Services, LLC
  • Fresenius Kabi Canada
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Compounding Pharmacies Market Analysis
8.1 Key Industry Highlights
8.2 United States Compounding Pharmacies Historical Market (2018-2023)
8.3 United States Compounding Pharmacies Market Forecast (2024-2032)
8.4 United States Compounding Pharmacies Market by Type
8.4.1 Oral
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Topical
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Suppositories
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 United States Compounding Pharmacies Market by Compounding Type
8.5.1 Pharmaceutical Ingredient Alteration (PIA)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Currently Unavailable Pharmaceutical Manufacturing (CUPM)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceutical Dosage Alteration (PDA)
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 United States Compounding Pharmacies Market by Sterility
8.6.1 Sterile
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Non-sterile
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 United States Compounding Pharmacies Market by Therapeutic Area
8.7.1 Pain Management
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Hormone Replacement Therapy (HRT)
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Others
8.8 United States Compounding Pharmacies Market by Distribution Channel
8.8.1 Hospital Pharmacies
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Retail Pharmacies
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Online
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Others
8.9 United States Compounding Pharmacies Market by Application
8.9.1 Pediatric
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Adult
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Geriatric
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Veterinary
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Fagron N.V.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 PharMedium Services, LLC
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Fresenius Kabi Canada
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Compounding Pharmacies Market: Key Industry Highlights, 2018 and 2032
2. United States Compounding Pharmacies Historical Market: Breakup by Product (USD Billion), 2018-2023
3. United States Compounding Pharmacies Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. United States Compounding Pharmacies Historical Market: Breakup by Compounding Type (USD Billion), 2018-2023
5. United States Compounding Pharmacies Market Forecast: Breakup by Compounding Type (USD Billion), 2024-2032
6. United States Compounding Pharmacies Historical Market: Breakup by Sterility (USD Billion), 2018-2023
7. United States Compounding Pharmacies Market Forecast: Breakup by Sterility (USD Billion), 2024-2032
8. United States Compounding Pharmacies Historical Market: Breakup by Therapeutic Area (USD Billion), 2018-2023
9. United States Compounding Pharmacies Market Forecast: Breakup by Therapeutic Area (USD Billion), 2024-2032
10. United States Compounding Pharmacies Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11. United States Compounding Pharmacies Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
12. United States Compounding Pharmacies Historical Market: Breakup by Application (USD Billion), 2018-2023
13. United States Compounding Pharmacies Market Forecast: Breakup by Application (USD Billion), 2024-2032
14. United States Compounding Pharmacies Market Structure

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