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  4. > Global Market Study on Compounding Pharmacies: Regulatory Harmonization and Innovative Therapeutic Areas to Boost Demand for Compounded Drugs

Persistence Market Research’s (PMR) latest report examines the global compounding pharmacies market for the period 2015 - 2021. The primary objective of the report is to offer updates and information related to market opportunities in the global compounding pharmacies market. This report deals with compounded drugs, which are customized medicines prepared by a pharmacist or a physician and come in strengths that are not commercially available. Compounded drugs are available in various forms such as oral applications (capsules, mixtures, etc.), topical applications (creams, gels, lotions, ointments, etc.), and suppositories. By 2021, the global compounding pharmacies market is expected to account for US$ 9.75 Bn at a CAGR of 5.3% over the forecast period.

This PMR report analyzes the global compounding pharmacies market in terms of market value across products, end use, therapeutic areas, and regions to help the audience better understand and assess market opportunities.

Products

End use

Therapeutic areas

Regions

Oral medications

Topical medications

Mouthwashes

Suppositories

Medications for adults

Medications for veterinary purposes

Medications for children

Medications for the geriatric population

Pain medications

Hormone replacement therapy

North America

Latin America

Europe

Asia Pacific

The Middle East & Africa

The report starts with an overview of the global compounding pharmacies market, covering market performance in terms of revenue. This section also includes PMR’s in-depth analysis of key trends, drivers, and restraints from supply and demand perspectives. The next few sections of the report analyze the market on the basis of products, end use, therapeutic areas, and regions; and present market projections in terms of value for the forecast period.

Research Methodology

The forecast presented here assesses the total revenue generated by the global compounding pharmacies market, focusing on the market value of global compounding pharmacies across the five geographies to arrive at the market size. Market forecasting starts with sizing the current market, which forms the basis for a forecast of how the market is anticipated to take shape in the near future. For this, PMR referred to several subject matter experts in the compounding pharmacy domain. Given the characteristics of the market, we triangulated the outcome based on different supply side and demand side analyses and market dynamics such as regulations and GMP guidelines of the compounding pharmacies market. Quantification of data has been considered along with the provision of quality insights collected directly from the market post discussion with pharmacists, suppliers, physicians, and subject matter experts. We have also taken into consideration year-on-year (Y-o-Y) growth based on regional growth analysis to understand the predictability of the global compounding pharmacies market and to identify the right opportunities.

The various segments of the global compounding pharmacies market have been analyzed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of key market trends. Another key feature of this report is the analysis of the global compounding pharmacies market by region further segmented on the basis of countries and revenue forecasts in terms of absolute dollar opportunity. Regional trends have been introspected, identified, and applied while forecasting the growth rates in the market. Additionally, the absolute dollar opportunity provided in the report is critical and is expected to help in assessing the level of opportunity that a provider can look to achieve from a sales perspective in the global compounding pharmacies market.

PMR has also developed the market Attractiveness Index for all four segments – products, end use, therapeutic areas, and regions – to help providers identify real market opportunities. The final section of the report focuses on the global compounding pharmacies market landscape to provide readers with a dashboard view based on categories of providers in the global compounding pharmacies product portfolio. Their key developments and strategies have also been included wherever possible. Key market players covered include B. Braun Melsungen AG Company, Fagron, PharMEDium Services LLC, Institutional Pharmacy Solutions, Cantrell Drug Company, Triangle Compounding Pharmacies, Lorraine’s Pharmacy, and Fresenius Kabi AG.

Table Of Contents

Global Market Study on Compounding Pharmacies: Regulatory Harmonization and Innovative Therapeutic Areas to Boost Demand for Compounded Drugs
Table of Content



1. Research Methodology



2. Assumption and Acronyms Used



3. Executive Summary



4. Global Compounding Pharmacies Market Overview
4.1. Introduction
4.1.1. Market Description
4.1.2. Market Taxonomy



5. Regulations and PEST Analysis
5.1. North America Regulations
5.2. Europe Regulations
5.3. North America PEST Analysis
5.4. Australia PEST Analysis



6. Global Compound Pharmacies Market Analysis
6.1. Introduction
6.1.1. Market Value and Y-o-Y Growth
6.1.2. Market Value Share and BPS Analysis



7. Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Opportunity
7.4. Trends



8. Global Compounding Pharmacies Market Analysis and Forecast By Product Type
8.1. Introduction
8.1.1. Market Value and Y-o-Y Growth
8.1.2. Market Value Share and BPS Analysis
8.2. Oral Medication
8.2.1. Y-o-Y Growth
8.2.2. Absolute $ Opportunity
8.2.3. Market Value
8.3. Topical Medication
8.3.1. Y-o-Y Growth
8.3.2. Absolute $ Opportunity
8.3.3. Market Value
8.4. Mouthwashes
8.4.1. Y-o-Y Growth
8.4.2. Absolute $ Opportunity
8.4.3. Market Value
8.5. Suppositories
8.5.1. Y-o-Y Growth
8.5.2. Absolute $ Opportunity
8.5.3. Market Value
8.6. Global Compounding Pharmacies Market Attractiveness Analysis By Product Type



9. Compounding Pharmacies Market Analysis and Forecast By Application
9.1. Introduction
9.1.1. Market Value and Y-o-Y Growth
9.1.2. Market Value Share and BPS Analysis
9.2. Global Compounding Pharmacies Market Forecast By Application Type
9.2.1. Medication for Adults
9.2.1.1. Y-o-Y Growth
9.2.1.2. Absolute $ Opportunity
9.2.1.3. Market Value
9.2.2. Medication for Veterinary
9.2.2.1. Y-o-Y Growth
9.2.2.2. Absolute $ Opportunity
9.2.2.3. Market Value
9.2.3. Medication for Children
9.2.3.1. Y-o-Y Growth
9.2.3.2. Absolute $ Opportunity
9.2.3.3. Market Value
9.2.4. Medication for Geriatric
9.2.4.1. Y-o-Y Growth
9.2.4.2. Absolute $ Opportunity
9.2.4.3. Market Value
9.3. Global Compounding Pharmacies Market Attractiveness Analysis By Application



10. Compounding Pharmacies Market Analysis and Forecast By Therapeutic Area
10.1.Introduction
10.1.1. Market Value and Y-o-Y Growth
10.1.2. Market Value Share and BPS Analysis
10.2.Pain Management
10.2.1.1. Y-o-Y Growth
10.2.1.2. Absolute $ Opportunity
10.2.1.3. Market Value
10.3.Hormone Replacement Therapy
10.3.1.1. Y-o-Y Growth
10.3.1.2. Absolute $ Opportunity
10.3.1.3. Market Value
10.4.Global Compounding Pharmacies Market Attractiveness Analysis By Therapeutic Area



11. Compounding Pharmacies Market Analysis and Forecast By Region
11.1.Introduction
11.1.1. Market Value and Y-o-Y Growth
11.1.2. Market Value Share and BPS Analysis
11.2.Global Compounding Pharmacies Market Attractiveness Analysis By Region
11.3.North America Compounding Pharmacies Market Introduction
11.3.1.1. Y-o-Y Growth
11.3.1.2. Absolute $ Opportunity
11.3.1.3. Market Value
11.4.North America Compounding Pharmacies Market, By Country
11.4.1. U.S
11.4.1.1. Y-o-Y Growth
11.4.1.2. Absolute $ Opportunity
11.4.1.3. Market Value
11.4.2. Canada
11.4.2.1. Y-o-Y Growth
11.4.2.2. Absolute $ Opportunity
11.4.2.3. Market Value
11.4.3. North America Compounding Pharmacies Market Trends
11.4.4. North America Compounding Pharmacies Market Impact Analysis- Drivers and Restraints
11.5.Latin America Compounding Pharmacies Market Introduction
11.5.1. Y-o-Y Growth
11.5.2. Absolute $ Opportunity
11.5.3. Market Value
11.6.Latin America Compounding Pharmacies Market, By Country
11.6.1. Brazil
11.6.1.1. Y-o-Y Growth
11.6.1.2. Absolute $ Opportunity
11.6.1.3. Market Value
11.6.2. Mexico
11.6.2.1. Y-o-Y Growth
11.6.2.2. Absolute $ Opportunity
11.6.2.3. Market Value
11.6.3. Rest of Latin America
11.6.3.1. Y-o-Y Growth
11.6.3.2. Absolute $ Opportunity
11.6.3.3. Market Value
11.6.4. Latin America Compounding Pharmacies Market Trends
11.6.5. Latin America Compounding Pharmacies Market Impact Analysis- Drivers and Restraints
11.7.Europe Compounding Pharmacies Market Introduction
11.7.1. Y-o-Y Growth
11.7.2. Absolute $ Opportunity
11.7.3. Market Value
11.8.Europe Compounding Pharmacies Market, By Country
11.8.1. U.K
11.8.1.1. Y-o-Y Growth
11.8.1.2. Absolute $ Opportunity
11.8.1.3. Market Value
11.8.2. Netherland
11.8.2.1. Y-o-Y Growth
11.8.2.2. Absolute $ Opportunity
11.8.2.3. Market Value
11.8.3. Germany
11.8.3.1. Y-o-Y Growth
11.8.3.2. Absolute $ Opportunity
11.8.3.3. Market Value
11.8.4. France
11.8.4.1. Y-o-Y Growth
11.8.4.2. Absolute $ Opportunity
11.8.4.3. Market Value
11.8.5. Italy
11.8.5.1. Y-o-Y Growth
11.8.5.2. Absolute $ Opportunity
11.8.5.3. Market Value
11.8.6. Spain
11.8.6.1. Y-o-Y Growth
11.8.6.2. Absolute $ Opportunity
11.8.6.3. Market Value
11.8.7. Rest of Europe
11.8.7.1. Y-o-Y Growth
11.8.7.2. Absolute $ Opportunity
11.8.7.3. Market Value
11.8.8. Europe Compounding Pharmacies Market Trends
11.8.9. Europe Compounding Pharmacies Market Impact Analysis- Drivers and Restraints
11.9.Asia Pacific Compounding Pharmacies Market Introduction
11.9.1.1. Y-o-Y Growth
11.9.1.2. Absolute $ Opportunity
11.9.1.3. Market Value
11.10. Asia Pacific Compounding Pharmacies Market, By Country
11.10.1. Australia
11.10.1.1. Y-o-Y Growth
11.10.1.2. Absolute $ Opportunity
11.10.1.3. Market Value
11.10.2. Singapore
11.10.2.1. Y-o-Y Growth
11.10.2.2. Absolute $ Opportunity
11.10.2.3. Market Value
11.10.3. India
11.10.3.1. Y-o-Y Growth
11.10.3.2. Absolute $ Opportunity
11.10.3.3. Market Value
11.10.4. Rest of Asia Pacific
11.10.4.1. Y-o-Y Growth
11.10.4.2. Absolute $ Opportunity
11.10.4.3. Market Value
11.10.5. Asia Pacific Compounding Pharmacies Market Trends
11.10.6. Asia Pacific Compounding Pharmacies Market Impact Analysis- Drivers and Restraints
11.11. Middle East and Africa Compounding Pharmacies Market Introduction
11.11.1. Y-o-Y Growth
11.11.2. Absolute $ Opportunity
11.11.3. Market Value
11.12. Middle East and Africa Compounding Pharmacies Market, By Country
11.12.1. Saudi Arabia
11.12.1.1. Y-o-Y Growth
11.12.1.2. Absolute $ Opportunity
11.12.1.3. Market Value
11.12.2. South Africa
11.12.2.1. Y-o-Y Growth
11.12.2.2. Absolute $ Opportunity
11.12.2.3. Market Value
11.12.3. Rest of Middle East and Africa
11.12.3.1. Y-o-Y Growth
11.12.3.2. Absolute $ Opportunity
11.12.3.3. Market Value
11.12.4. Middle East and Africa Compounding Pharmacies Market Trends
11.12.5. Middle East and Africa Compounding Pharmacies Market Impact Analysis- Drivers and Restraints



12. Company Profile
12.1.Central Admixture Pharmacy Services
12.1.1. Product Segments
12.1.2. Product Offerings
12.1.3. Strategy
12.1.4. Key Developments
12.2.Fagron
12.2.1. Product Segments
12.2.2. Product Offerings
12.2.3. Strategy
12.2.4. Key Developments
12.3.Fresenius Kabi AG
12.3.1. Product Segments
12.3.2. Product Offerings
12.3.3. Strategy
12.3.4. Key Developments
12.4.PharMEDium Services, LLC
12.4.1. Product Segments
12.4.2. Product Offerings
12.4.3. Strategy
12.4.4. Key Developments
12.5.Institutional Pharmacy Solutions
12.5.1. Product Segments
12.5.2. Product Offerings
12.5.3. Strategy
12.5.4. Key Developments
12.6.Cantrell Drug Company
12.6.1. Product Segments
12.6.2. Product Offerings
12.6.3. Strategy
12.6.4. Key Developments
12.7.Triangle Compounding Pharmacies
12.7.1. Product Segments
12.7.2. Product Offerings
12.7.3. Strategy
12.7.4. Key Developments
12.8.Lorraine's Pharmacy
12.8.1. Product Segments
12.8.2. Product Offerings
12.8.3. Strategy
12.8.4. Key Developments

List of Tables


Table 01: Global Compounding Pharmacies Market By Oral Medication Product Type, 2014-2021 (US$ Mn)
Table 02: Global Compounding Pharmacies Market By Topical Medication Product Type, 2014-2021 (US$ Mn)

List of Figures


Figure 01: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 02: Global Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 03: Compounding Pharmacies Market Y-o-Y Growth Comparison By Product Type, 2014-2021
Figure 04: Compounding Pharmacies Market Value Share and BPS Analysis By Product Type, 2015 and 2021
Figure 05: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Oral Medication Product Type, 2014-2021
Figure 06: Global Compounding Pharmacies Market Absolute $ Opportunity for Oral Medication Product Type, 2014-2021
Figure 07: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Topical Medication Product Type, 2014-2021
Figure 08: Global Compounding Pharmacies Market Absolute $ Opportunity for Topical Medication Product Type, 2014-2021
Figure 09: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Mouthwashes Product Type, 2014-2021
Figure 10: Global Compounding Pharmacies Market Absolute $ Opportunity for Mouthwashes Product Type, 2014-2021
Figure 11: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Suppositories Product Type, 2014-2021
Figure 12: Global Compounding Pharmacies Market Absolute $ Opportunity for Suppositories Product Type, 2014-2021
Figure 13: Global Compounding Pharmacies Market Attractiveness Analysis By Product Type, 2014-2021
Figure 14: Compounding Pharmacies Market Y-o-Y Growth Comparison By Application, 2014-2021
Figure 15: Compounding Pharmacies Market Value Share and BPS Analysis By Application, 2015 and 2021
Figure 16: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Medication for Adults Application, 2014-2021
Figure 17: Global Compounding Pharmacies Market Absolute $ Opportunity for Medication for Adults Application, 2014-2021
Figure 18: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Medication for Veterinary Application, 2014-2021
Figure 19: Global Compounding Pharmacies Market Absolute $ Opportunity for Medication for Veterinary Application, 2014-2021
Figure 20: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Medication for Children Application, 2014-2021
Figure 21: Global Compounding Pharmacies Market Absolute $ Opportunity for Medication for Children Application, 2014-2021
Figure 22: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Medication for Geriatric Application, 2014-2021
Figure 23: Global Compounding Pharmacies Market Absolute $ Opportunity for Medication for Geriatric Application, 2014-2021
Figure 24: Global Compounding Pharmacies Market Attractiveness Analysis By Application, 2014-2021
Figure 25: Compounding Pharmacies Market Y-o-Y Growth Comparison By Therapeutic Area, 2014-2021
Figure 26: Compounding Pharmacies Market Value Share and BPS Analysis By Therapeutic Area, 2015 and 2021
Figure 27: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Pain Management Therapeutic Area, 2014-2021
Figure 28: Global Compounding Pharmacies Market Absolute $ Opportunity for Pain Management Therapeutic Area, 2014-2021
Figure 29: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Hormone Replacement Therapy Therapeutic Area, 2014-2021
Figure 30: Global Compounding Pharmacies Market Absolute $ Opportunity for Hormone Replacement Therapy Therapeutic Area, 2014-2021
Figure 31: Global Compounding Pharmacies Market Attractiveness Analysis By Therapeutic Area, 2014-2021
Figure 32: Compounding Pharmacies Market Y-o-Y Growth Comparison By Region, 2014-2021
Figure 33: Compounding Pharmacies Market Value Share and BPS Analysis By Region, 2015 and 2021
Figure 34: Global Compounding Pharmacies Market Attractiveness Analysis By Region, 2014-2021
Figure 35: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for North America Region, 2014-2021
Figure 36: Global Compounding Pharmacies Market Absolute $ Opportunity for North America Region, 2014-2021
Figure 37: U.S. Compounding Pharmacies Market Value and Y-o-Y Growth (%) for U.S., 2014-2021
Figure 38: U.S. Compounding Pharmacies Market Absolute $ Opportunity for U.S., 2014-2021
Figure 39: Canada Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Canada, 2014-2021
Figure 40: Canada Compounding Pharmacies Market Absolute $ Opportunity for Canada, 2014-2021
Figure 41: Compounding Pharmacies Market Y-o-Y Growth Comparison By Countries North America Region, 2014-2021
Figure 42: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Latin America Region, 2014-2021
Figure 43: Global Compounding Pharmacies Market Absolute $ Opportunity for Latin America Region, 2014-2021
Figure 44: Brazil Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 45: Brazil Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 46: Mexico Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 47: Mexico Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 48: Rest of LATAM Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 49: Rest of LATAM Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 50: Compounding Pharmacies Market Y-o-Y Growth Comparison By Countries Latin America Region, 2014-2021
Figure 51: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 52: Global Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 53: UK Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 54: UK Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 55: Netherlands Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 56: Netherlands Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 57: Germany Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 58: Germany Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 59: France Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 60: France Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 61: Italy Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 62: Italy Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 63: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 64: Global Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 65: ROE Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Europe Region, 2014-2021
Figure 66: ROE Compounding Pharmacies Market Absolute $ Opportunity for Europe Region, 2014-2021
Figure 67: Compounding Pharmacies Market Y-o-Y Growth Comparison By Countries Europe Region, 2014-2021
Figure 68: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Asia Pacific Region, 2014-2021
Figure 69: Global Compounding Pharmacies Market Absolute $ Opportunity for Asia Pacific Region, 2014-2021
Figure 70: Australia Compounding Pharmacies Market Value and Y-o-Y Growth (%), 2014-2021
Figure 71: Australia Compounding Pharmacies Market Absolute $ Opportunity, 2014-2021
Figure 72: Singapore Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Asia Pacific Region, 2014-2021
Figure 73: Singapore Compounding Pharmacies Market Absolute $ Opportunity for Asia Pacific Region, 2014-2021
Figure 74: India Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Asia Pacific Region, 2014-2021
Figure 75: India Compounding Pharmacies Market Absolute $ Opportunity for Asia Pacific Region, 2014-2021
Figure 76: Rest of Asia-Pacific Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Asia Pacific Region, 2014-2021
Figure 77: Rest of Asia-Pacific Compounding Pharmacies Market Absolute $ Opportunity for Asia Pacific Region, 2014-2021
Figure 78: Compounding Pharmacies Market Y-o-Y Growth Comparison By Countries Asia-Pacific Region, 2014-2021
Figure 79: Global Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Middle East and Africa Region, 2014-2021
Figure 80: Global Compounding Pharmacies Market Absolute $ Opportunity for Middle East and Africa Region, 2014-2021
Figure 81: Saudi Arabia Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Middle East and Africa Region, 2014-2021
Figure 82: Saudi Arabia Compounding Pharmacies Market Absolute $ Opportunity for Middle East and Africa Region, 2014-2021
Figure 83: South Africa Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Middle East and Africa Region, 2014-2021
Figure 84: South Africa Compounding Pharmacies Market Absolute $ Opportunity for Middle East and Africa Region, 2014-2021
Figure 85: Rest of MEA Compounding Pharmacies Market Value and Y-o-Y Growth (%) for Middle East and Africa Region, 2014-2021
Figure 86: Rest of MEA Compounding Pharmacies Market Absolute $ Opportunity for Middle East and Africa Region, 2014-2021
Figure 87: Compounding Pharmacies Market Y-o-Y Growth Comparison By Countries Asia-Pacific Region, 2014-2021

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