Global Compounding Pharmacies Industry Analysis & Growth and Forecast to 2025

Adroit Market Research
Global Compounding Pharmacies
Market
Drivers, Restraints, Potential Growth Opportunities,
Product Size, Application Estimation, Vendor
Competitive Landscape, Trends and Forecast 20182025
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Adroit Market Research
Global Compounding Pharmacies Market Size, Industry Growth 2018-2025
• The global compounding pharmacies market size is projected to be worth US$ xxx Million by the end of 2025 rising at a
healthy CAGR of xx% over the forecast period. Also, North America shares the largest regional potential compounding
pharmacies market, accounting for xx% since past years and is expected to mount at a CAGR of approximately xx% over
the forecast period. Furthermore, rising expenditure in healthcare in emerging economies including India as well as
China is anticipated to fuel the revenue growth of compounding pharmacies.
• Key trend driving the growth of the compounding pharmacies market is development in healthcare as well as
pharmaceutical spending’s. Moreover, compounded drugs come in to action when the requirement for life-threatening
drugs are not met through commercially branded equivalents available in the market. Moreover, another trend
prevailing in the compounding pharmacies market all across the globe is continuously intensifying demand for antiageing products and these products are actually made using compounded drugs. Additionally, inventive subtherapeutic zones for instance bio-identical hormone replacement therapy is also propelling the increasing popularity
of compounded pharmacies. However, compounding pharmacies all over the world are requisite to follow the
regulatory specifications by the respective governments.
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Global Compounding Pharmacies Market Size, Industry Growth 2018-2025
• Global compounding pharmacies industry is segmented by different product type, application type as well as
therapeutic area. Then again, product type is further sub-segmented as Oral Medication, Topical Medication,
Suppositories and Mouthwashes. Among all of these markets, medication segment rules, with more than 40% of the
market share and revenue of USD xxx million in previous year. This high market value of oral medication is attributable
to the growing demand for the drug, particularly for pain management. Besides, the liquid oral dosage formulas are
mostly preferred as they come with convenience as well as ease of administration. Also, elderly people often desire
liquid form in place of commercially available other forms of dosage. Oral medication segments further trailed by
Topical medication with the desirability index of around 2.2%.
• By application type, the compounding pharmacies market has been further been divided segmented to medication for
adults, veterinary, children and geriatric among which medication for adult segment is predictable of gaining maximum
market share over the forecast period.
• Then, by therapeutic area, compounding pharmacies market is sub-segmented to pain management & hormone
replacement therapy. The therapeutic area of the market segment is led by the hormone replacement therapy subsegment that is expected to advance highest share in terms of value over the forecast period.
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Global Compounding Pharmacies Market Size, Industry Growth 2018-2025
• Drugs produced by druggists for the personalized needs of an individual patient by altering, mixing or combining the
active therapeutic ingredients of drugs are known as compounding pharmacies. In addition, compounded drugs can be
prepared only after the instruction from physicians, as it includes mixing of two or more types of drug components in
different proportions.
• One of the biggest challenge has been faced by the compounding pharmacies industry across the globe is the safety or
effectiveness approval of compounded drugs from the regulatory bodies, which is the most difficult part of the
process. Moreover, many of the medical insurance do not cover these compounded medications under their benefits.
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A recent report published by Adroit Market Research on Compounding Pharmacies Market provides in depth analysis of segments and sub-segments in us as well as regional markets of market.