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Compounding Pharmacies Market Share

  • Report ID: GMI749
  • Published Date: Aug 2022
  • Report Format: PDF

Compounding Pharmacies Market Share

  • Fagron
  • B. Braun
  • Nephron Pharmaceuticals Corporation
  • Fresenius Kabi
  • Athenex Pharma Solutions (Athenex Inc.)
  • Dougherty's Pharmacy, Inc.
  • Clinigen Group PLC
  • Pencol Compounding Pharmacy
  • Lorraine's Pharmacy
  • McGuff Company Inc. (McGuff Compounding Pharmacy Services)
  • Institutional Pharmacy Solutions
  • Rx3 Compounding Pharmacy
  • Wedgewood Village Pharmacy, Inc
  • Triangle Compounding Pharmacies

are some major compounding pharmacies market players. The companies are engaging in profitable collaborations with healthcare companies and focusing on providing an extended range of customized drugs to grow in the industry. For instance, in April 2020, Clinigen Group PLC signed a distribution agreement with Porton Biopharma Limited (PBL) to commercialize ‘Erwinaze’ in the U.S. and European countries. This partnership helped the company to propel its business growth.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for compounding pharmacies was valued at over USD 11 billion in 2021 and is set to expand at a CAGR of over 5.5% through the forecast period.

The geriatric application segment is expected to progress at a CAGR of more than 6% through 2030 as customized drug formulations are highly accepted by geriatric patients.

The oral segment is slated to expand at more than 6% CAGR over the analysis timeframe as a result of several benefits associated with oral dosage form such as self-administration, convenience, and being pain-free.

North American market for compounding pharmacies accounted for over USD 6 billion in revenue in 2021 due to high awareness regarding compounding medications, increasing number of healthcare facilities, and higher healthcare spending power in the region.

Compounding Pharmacies Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 14
  • Tables & Figures: 963
  • Countries covered: 29
  • Pages: 530
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