Sterile Compounding Pharmacies Market
Sterile Compounding Pharmacies Market By Product (Injectables, Nasal, Ocular, Otic), By Therapeutic Area (Hormone Replacement Therapy, Pain Management, Dermatology, Oncology, Hematology, Dental), By End User - Global Market Insights 2021 to 2031
Analysis of Sterile Compounding Pharmacies market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Sterile Compounding Pharmacies Market Outlook
Fact.MR's sterile compounding pharmacies market analysis predicts the market to attain a valuation of US$ 8.9 Bn by the end of the decade, which is 1.8X its current valuation. This survey forecasts the global sterile compounding pharmacies market to expand at a significant CAGR of around 7.2% through 2031, with the U.S. slated to account for over 70% market share.
| Data Points | Market Insights |
| Market Value (2020) | US$ 5.07 Bn |
| Market Value (2031) | US$ 8.9 Bn |
| CAGR (2021-2031) | 7.2% |
Demand Analysis of Sterile Compounding Pharmacies from 2016 to 2020 Compared to Market Outlook for 2021-2031
According to Fact.MR, a market research and competitive intelligence provider, the global market for sterile compounding pharmacies was valued at US$ 5.07 Bn in 2020 and has been expanding at a CAGR of 5.8% over the past five years.
Compounding of a product is mainly prepared to due to a patient’s sensitivity to an ingredient in commercially available products or formulations. According to the U.S. FDA, in 2020, due to the COVID-19 pandemic, hospitals had faced a huge shortage of formulations used for pain management.
Rising prevalence of chronic diseases is expected to drive demand for pain management, which is expected to boost market growth. Moreover, increasing demand for custom compounded formulations and increasing pharmaceutical spending are expected to have a positive impact on market growth.
As a result, Fact.MR expects the global market to surge at 7.2% CAGR through 2031.
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Which Driving Factors are Influencing Demand for Sterile Compounding?
Rising geriatric population and increasing longevity of customized formulations over commercially available products have surged demand for sterile compounded products. Additionally, several key players are focusing on inorganic growth strategies to innovate and develop effective products. Thus, product approvals and launches are expected to complement market growth.
- For instance, in May 2020, Central Admixture Pharmacy Services, Inc. launched three new sterile compounded suspensions. One is a sedative: Midazolam 125 mg added to NS (1mg/mL), and the other two are vasodilators: Vasopressin 50 units added to 50 mL normal saline Norepinephrine 8 mg added to 250 mL normal saline, which are in in short supply for ICU patients.
What are the Key Opportunities for Sterile Compounding Pharmacy Product Manufacturers?
Focusing on several factors such as developing customized formulations in ground-breaking forms, varying dosages for different indications, can make customized formulations more popular across the globe. Upcoming areas include geriatric and long-term care drugs and innovative hormone replacement therapy applications.
Additionally, growing regulatory compliance has led manufacturers to invest hugely in the pharmaceutical industry. On 27th November 2013, the Drug Quality and Security Act (DQSA) was signed into law to minimize safety risks related to pharmacy compounding and improve regulation of compounding pharmacies.
Thus, such regulations are expected to offer lucrative opportunities for investors as a result of increasing sales of sterile compounded solutions.
Growing innovations have resulted in it becoming easier to conduct sterile compounding for specialty drugs.
- For instance, COMECER S.p.A. introduced an automated and patented device – Pharmoduct - used for the preparation of sterile formulations and personalized oncology drugs, including chemotherapy and biologicals.
What is Expected to Impede Demand for Sterile Compounding?
There are various barriers that manufacturers have to face while investing in the sterile compounding industry.
The primary factor restraining usage of sterile compounded formulations is unsafe compounding practices, which include contamination and non-adherence to GMP regulations during the compounding process. Contaminated sterile environments lead to the spread of pathogens and fungal infections, which have resulted in various hazards and drug-related deaths, thus dampening the prospects for demand for sterile dosage forms.
Additionally, Exacerbating API’s shortage and quick flotation of compounding pharmacies may also hamper market growth and adoption of sterile preparations over the coming years.
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Country-wise Insights
Why is the U.S. a Leading Market for Compounding Pharmacies?
The U.S. is estimated to account for nearly 77.2% share of the North American market in 2021. Increasing pharmaceutical spending and well-built healthcare infrastructure lead to the dominance of the country in this space.
The FDA has designated 503B compounding pharmacies as those with outsourcing facilities that can manufacture large batches with or without prescriptions to be sold to healthcare facilities for office use. The safety and compliance of compounded drugs are covered in the BPOR article ‘Fifteen per cent of 503B Compounding Outsourcing Facilities Have Violated FDA Regulations’ (B/POR, July 2018).
Around 75% of U.S. hospitals outsource sterile compounding preparations to 503B facilities so that they can ensure stability, cope with drug shortages, obtain a ready-to-administer form of the drug, extend shelf-life, or compensate for inability to compound required amounts in-house.
Moreover, increasing geriatric population and rising adoption of customized formulations over commercial products are major factors that are expected to drive growth of the U.S. compounding pharmacies market over the coming years.
What’s Driving Sales of Sterile Compounded Medications in Canada?
Canada currently accounts for 23% market share in North America. The Canadian Pharmacists has reviewed the “Guidelines to Pharmacy Compounding” published by the National Association of Pharmacy Regulatory Authorities (NAPRA) in October 2006. These guidelines evolved the compounding practice and awareness of the inherent dangers of compounding sterile preparations on the health of patients and compounding personnel.
Growing government initiatives towards awareness and implementation of favorable policies have led the market in Canada to witness growth, which is set to exhibit 8.9% CAGR and account for nearly 28% market share by 2031.
What’s Enabling Growth of the Market for Sterile Compounding Pharmacies in Australia & New Zealand?
Australia & New Zealand accounted for 54% market share of Asia Pacific in 2021. Therapeutic Goods Administration (TGA) manufacturing license is essential for regulatory approval of sterile compounding pharmacies or should comply with GMP relating to the manufacture of sterile products.
In April 2011, the Pharmacy Guild of Australia’s Quality Care Pharmacy Program (QCPP) was republished as Australian Standard S 85000:2011 Quality Care Pharmacy Standard - quality management system for pharmacies in Australia. This standard includes the statement that pharmacies should maintain and follow a system for compounding.
Additionally, rise in patient pool and growing chronic disease among the population in the country are significant contributing factors for rising sales of sterile compounding for specialty drugs.
How is Demand for Sterile Compounding in the U.K. Shaping Up?
The U.K. market for sterile compounding pharmacies is set to exhibit over 6% CAGR. Presence of leading players in the country and growing adoption of sterile compounding formulations will allow the country to hold around 34% of the European market share.
What is the Scope of Adoption of Sterile Preparations in Singapore?
The market for sterile compounding pharmacies in Singapore is set to exhibit around 8.6% CAGR and account for nearly 27% share of the Asia Pacific market.
Emerging economies such as Singapore show significant potential to capitalize on the growth opportunities in this region, primarily due to continuous focus on improving the compounding pharmacy industry by providing sterile compounding services as well as training that would gain more opportunities in the industry.
Category-wise Insights
Why is Demand for Ocular Compounding on the Rise?
Followed by injectables, ocular sales of sterile compounded ophthalmic medications are expected to account for the second-largest market share of 15.5% by 2031. The high share of this test is primarily attributed to growing prevalence of ophthalmic disorders or other ocular anti-infective therapies.
Why Does Sterile Compounding for Hormone Replacement Account for the Highest Share?
Hormone replacement therapy has gained traction in the global market. The segment is projected to expand at a CAGR of 5% over the forecast period.
Growing adoption of sterile preparations for hormone replacement therapy will surge demand for sterile compounded formulations. For example, testosterone injections are used to maintain therapeutic levels, which is essential for ensuring the best outcomes for patients.
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Competitive Landscape
The global sterile compounding pharmacies industry is marked by the presence of emerging as well as top sterile compounding pharmacy manufacturers. Rising adoption of inorganic growth strategies by key players operating in the market and increasing novel product approvals and launches are major factors that are expected to drive market growth.
Further, to strengthen their footprint across the globe, key players are focused on pursuing mergers and acquisitions as their key growth strategy.
- For instance, in May 2021, Slade Health, part of Icon Group entered into a long-term agreement with Auckland District Health Board (ADHB) to provide sterile compounding services to meet the growing needs of cancer patients. This agreement would build and operate a world-class, GMP (Medsafe) licensed sterile compounding facility delivering chemotherapy, antibiotics, analgesics, and nutritional infusions for public and private hospitals across New Zealand.
Sterile Compounding Pharmacies Industry Report Scope
| Attribute | Details |
| Forecast Period | 2021-2031 |
| Historical Data Available for | 2016-2020 |
| Market Analysis | USD Million for Value |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Market Segments Covered |
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| Key Companies Profiled |
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| Report Coverage |
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| Customization & Pricing | Available upon Request |
Key Segments as per Global Sterile Compounding Pharmacies Industry Research
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By Product
- Injectables
- Nasal
- Ocular
- Otic
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By Therapeutic Area
- Hormone Replacement Therapy
- Pain Management
- Dermatology
- Oncology
- Hematology
- Dental
- Others
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By End User
- Adults
- Pediatrics
- Geriatrics
- Veterinary
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Wheel of Fortune 1.3. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 4. Market Background 4.1. Macro-Economic Factors 4.1.1. Global GDP Growth Outlook 4.1.2. Global Healthcare Industry Outlook 4.2. Forecast Factors - Relevance & Impact 4.2.1. Rising prevalence of chronic disease 4.2.2. Increasing capital investment 4.2.3. Rise in demand for compounded medication 4.2.4. Increasing investment towards expansion of the healthcare infrastructure 4.2.5. New product launches 4.2.6. Regulatory dynamics 4.3. Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunity Analysis 5. Key Success Factors 5.1. Product Consumption By Region 5.2. Key Regulations 5.3. PEST Analysis 6. COVID19 Crisis Analysis 6.1. Current COVID19 Statistics and Probable Future Impact 6.2. Current GDP Projection and Probable Impact 6.3. COVID19 and Impact Analysis 6.3.1. Revenue By Product 6.3.2. Revenue By Therapeutic Area 6.3.3. Revenue By End User 6.3.4. Revenue By Country 6.4. 2020 Market Scenario 6.5. Recovery Scenario – Short term, Midterm and Long Term Impact 7. Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016 – 2020 and Forecast, 2021 – 2031 7.1. Historical Market Value (US$ Mn) Analysis, 2016 – 2020 7.2. Current and Future Market Value (US$ Mn) Projections, 2021 – 2031 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016 – 2020 and Forecast 2021 – 2031, By Product 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Product, 2016 – 2020 8.3. Current Market Value (US$ Mn) Analysis and Forecast By Product, 2021 – 2031 8.3.1. Injectable 8.3.2. Nasal 8.3.3. Ocular 8.3.4. Otic 8.4. Market Attractiveness Analysis By Product 9. Global Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031, By Therapeutic Area 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Therapeutic Area, 2016 – 2020 9.3. Current Market Value (US$ Mn) Analysis and Forecast By Therapeutic Area, 2021 – 2031 9.3.1. Hormone Replacement Therapy 9.3.2. Pain Management 9.3.3. Dermatology 9.3.4. Oncology 9.3.5. Hematology 9.3.6. Dental 9.3.7. Others 9.4. Market Attractiveness Analysis By Therapeutic Area 10. Global Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031, By End User 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Analysis By End User, 2016 – 2020 10.3. Current Market Value (US$ Mn) Analysis and Forecast By End User, 2021 – 2031 10.3.1. Adults 10.3.2. Pediatrics 10.3.3. Geriatrics 10.3.4. Veterinary 10.4. Market Attractiveness Analysis By End User 11. Global Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031, By Region 11.1. Introduction 11.2. Historical Market Value (US$ Mn) Analysis By Region, 2016 – 2020 11.3. Current Market Value (US$ Mn) Analysis Forecast By Region, 2021 – 2031 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. Asia Pacific 11.3.5. Middle East and Africa (MEA) 11.4. Market Attractiveness Analysis By Region 12. North America Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031 12.1. Introduction 12.2. Historical Market Value (US$ Mn) Analysis By Market Taxonomy, 2016 – 2020 12.3. Current Market Value (US$ Mn) Analysis Forecast By Market Taxonomy , 2021 – 2031 12.3.1. By Country 12.3.1.1. U.S. 12.3.1.2. Canada 12.3.2. By Product 12.3.3. By Therapeutic Area 12.3.4. By End User 12.4. Market Attractiveness Analysis 12.5. Key Market Participants - Intensity Mapping 12.6. Drivers and Restraints - Impact Analysis 13. Latin America Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031 13.1. Introduction 13.2. Historical Market Value (US$ Mn) Analysis By Market Taxonomy, 2016 – 2020 13.3. Current Market Value (US$ Mn) Analysis Forecast By Market Taxonomy , 2021 – 2031 13.3.1. By Country 13.3.1.1. Brazil 13.3.1.2. Mexico 13.3.1.3. Argentina 13.3.1.4. Rest of Latin America 13.3.2. By Product 13.3.3. By Therapeutic Area 13.3.4. By End User 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Europe Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031 14.1. Introduction 14.2. Historical Market Value (US$ Mn) Analysis By Market Taxonomy, 2016 – 2020 14.3. Current Market Value (US$ Mn) Analysis Forecast By Market Taxonomy , 2021 – 2031 14.3.1. By Country 14.3.1.1. Germany 14.3.1.2. Italy 14.3.1.3. France 14.3.1.4. U.K. 14.3.1.5. Spain 14.3.1.6. Russia 14.3.1.7. Rest of Europe 14.3.2. By Product 14.3.3. By Therapeutic Area 14.3.4. By End User 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Asia Pacific Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031 15.1. Introduction 15.2. Historical Market Value (US$ Mn) Analysis By Market Taxonomy, 2016 – 2020 15.3. Current Market Value (US$ Mn) Analysis Forecast By Market Taxonomy , 2021 – 2031 15.3.1. By Country 15.3.1.1. Australia & New Zealand 15.3.1.2. Singapore 15.3.1.3. China 15.3.1.4. India 15.3.1.5. Rest of Asia Pacific 15.3.2. By Product 15.3.3. By Therapeutic Area 15.3.4. By End User 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. Middle East and Africa Sterile Compounding Pharmacies Market Analysis 2016 – 2020 and Forecast 2021 – 2031 16.1. Introduction 16.2. Historical Market Value (US$ Mn) Analysis By Market Taxonomy, 2016 – 2020 16.3. Current Market Value (US$ Mn) Analysis Forecast By Market Taxonomy , 2021 – 2031 16.3.1. By Country 16.3.1.1. Saudi Arabia 16.3.1.2. South Africa 16.3.1.3. Rest of Middle East and Africa 16.3.2. By Product 16.3.3. By Therapeutic Area 16.3.4. By End User 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. Key and Emerging Countries Sterile Compounding Pharmacies Market Analysis 2021 & 2031 17.1. Introduction 17.1.1. Market Value Proportion Analysis, By Key Countries 17.1.2. Global Vs. Country Growth Comparison 17.2. U.S. Sterile Compounding Pharmacies Market Value Analysis 17.2.1. By Product 17.2.2. By Therapeutic Area 17.2.3. By End User 17.3. Canada Sterile Compounding Pharmacies Market Analysis 17.3.1. By Product 17.3.2. By Therapeutic Area 17.3.3. By End User 17.4. Mexico Sterile Compounding Pharmacies Market Value Analysis 17.4.1. By Product 17.4.2. By Therapeutic Area 17.4.3. By End User 17.5. Brazil Sterile Compounding Pharmacies Market Value Analysis 17.5.1. By Product 17.5.2. By Therapeutic Area 17.5.3. By End User 17.6. U.K. Sterile Compounding Pharmacies Market Value Analysis 17.6.1. By Product 17.6.2. By Therapeutic Area 17.6.3. By End User 17.7. Germany Sterile Compounding Pharmacies Market Analysis 17.7.1. By Product 17.7.2. By Therapeutic Area 17.7.3. By End User 17.8. France Sterile Compounding Pharmacies Market Analysis 17.8.1. By Product 17.8.2. By Therapeutic Area 17.8.3. By End User 17.9. Netherland Sterile Compounding Pharmacies Market Analysis 17.9.1. By Product 17.9.2. By Therapeutic Area 17.9.3. By End User 17.10. Italy Sterile Compounding Pharmacies Market Analysis 17.10.1. By Product 17.10.2. By Therapeutic Area 17.10.3. By End User 17.11. Spain Sterile Compounding Pharmacies Market Analysis 17.11.1. By Product 17.11.2. By Therapeutic Area 17.11.3. By End User 17.12. Australia and New Zealand Sterile Compounding Pharmacies Market Analysis 17.12.1. By Product 17.12.2. By Therapeutic Area 17.12.3. By End User 17.13. Singapore Sterile Compounding Pharmacies Market Analysis 17.13.1. By Product 17.13.2. By Therapeutic Area 17.13.3. By End User 17.14. China Sterile Compounding Pharmacies Market Value Analysis 17.14.1. By Product 17.14.2. By Therapeutic Area 17.14.3. By End User 17.15. India Sterile Compounding Pharmacies Market Analysis 17.15.1. By Product 17.15.2. By Therapeutic Area 17.15.3. By End User 17.16. Saudi Arabia Sterile Compounding Pharmacies Market Analysis 17.16.1. By Product 17.16.2. By Therapeutic Area 17.16.3. By End User 17.17. South Africa Sterile Compounding Pharmacies Market Analysis 17.17.1. By Product 17.17.2. By Therapeutic Area 17.17.3. By End User 18. Market Structure Analysis 18.1. Market Analysis by Tier of Companies 18.2. Market Concentration 18.3. Market Share Analysis of Top Players 19. Competition Analysis 19.1. Competition Dashboard 19.2. Competition Deep Dive 19.2.1. Fagron 19.2.1.1. Overview 19.2.1.2. Product Portfolio 19.2.1.3. Profitability by Market Segments (Product/End User/Region) 19.2.1.4. Sales Footprint 19.2.1.5. Strategy Overvie 19.2.2. Fresenius Kabi AG 19.2.2.1. Overview 19.2.2.2. Product Portfolio 19.2.2.3. Profitability by Market Segments (Product/End User/Region) 19.2.2.4. Sales Footprint 19.2.2.5. Strategy Overvie 19.2.3. PharMEDium Services, LLC 19.2.3.1. Overview 19.2.3.2. Product Portfolio 19.2.3.3. Profitability by Market Segments (Product/End User/Region) 19.2.3.4. Sales Footprint 19.2.3.5. Strategy Overvie 19.2.4. Institutional Pharmacy Solutions 19.2.4.1. Overview 19.2.4.2. Product Portfolio 19.2.4.3. Profitability by Market Segments (Product/End User/Region) 19.2.4.4. Sales Footprint 19.2.4.5. Strategy Overvie 19.2.5. Cantrell Drug Company 19.2.5.1. Overview 19.2.5.2. Product Portfolio 19.2.5.3. Profitability by Market Segments (Product/End User/Region) 19.2.5.4. Sales Footprint 19.2.5.5. Strategy Overvie 19.2.6. Lorraine’s Pharmacy 19.2.6.1. Overview 19.2.6.2. Product Portfolio 19.2.6.3. Profitability by Market Segments (Product/End User/Region) 19.2.6.4. Sales Footprint 19.2.6.5. Strategy Overvie 19.2.7. B. Braun Melsungen AG Company. 19.2.7.1. Overview 19.2.7.2. Product Portfolio 19.2.7.3. Profitability by Market Segments (Product/End User/Region) 19.2.7.4. Sales Footprint 19.2.7.5. Strategy Overvie 20. Assumptions and Acronyms Used 21. Research Methodology
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List Of Table
Table 01: Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 02: Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 03: Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
Table 04: Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Region
Table 05: North America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country
Table 06: North America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 07: North America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 08: North America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
Table 09: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country
Table 10: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 11: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 12: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
Table 13: Europe Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country
Table 14: Europe Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 15: Europe Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 16: Europe Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
Table 17: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country
Table 18: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 19: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 20: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
Table 21: MEA Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country
Table 22: MEA Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Product
Table 23: MEA Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Table 24: MEA Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End User
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List Of Figures
Figure 01: Global Compounding Pharmacies Market Split By Product, 2021 (E)
Figure 02: Global Compounding Pharmacies Market Split By Therapeutic Area, 2021 (E)
Figure 03: Global Compounding Pharmacies Market Split By End User, 2021 (E)
Figure 04: Global Compounding Pharmacies Market Split By Region, 2021 (E)
Figure 05: Global Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis, 2016-2020
Figure 06: Global Sterile Compounding Pharmacies Market Value (US$ Mn) & Y-o-Y Growth (%), 2021–2031
Figure 07: Global Sterile Compounding Pharmacies Market Incremental $ Opportunity, 2021-2031
Figure 08: Sterile Compounding Pharmacies Market Analysis, By Product –2021 & 2031
Figure 09: Sterile Compounding Pharmacies Market Y-o-Y Growth Projections, By Product 2021 – 2031
Figure 10: Global Sterile Compounding Pharmacies Market Attractiveness Analysis 2016-2020 and Forecast 2021-2031, By Product
Figure 11: Global Sterile Compounding Pharmacies Market Analysis, By End User –2021 & 2031
Figure 12: Global Sterile Compounding Pharmacies Market Y-o-Y Growth Projections By End User, 2021 – 2031
Figure 13: Global Sterile Compounding Pharmacies Market Attractiveness Analysis 2016-2020 and Forecast 2021-2031, By Therapeutic Area
Figure 14: Global Sterile Compounding Pharmacies Market Analysis, By End User –2021 & 2031
Figure 15: Global Sterile Compounding Pharmacies Market Y-o-Y Growth Projections, By End User, 2021 – 2031
Figure 16: Global Sterile Compounding Pharmacies Market Attractiveness Analysis 2016-2020 and Forecast 2021-2031, By End User
Figure 17: Global Sterile Compounding Pharmacies Market Analysis, By Region–2021 & 2031
Figure 18: Global Sterile Compounding Pharmacies Market Y-o-Y Growth Projections, By Region 2021 – 2031
Figure 19: Global Sterile Compounding Pharmacies Market Attractiveness Analysis 2016-2020 and Forecast 2021-2031, By Region
Figure 20: North America Sterile Compounding Pharmacies Market Analysis, By Product (2021E)
Figure 21: North America Sterile Compounding Pharmacies Market Analysis, By Therapeutic Area (2021E)
Figure 22: North America Sterile Compounding Pharmacies Market Analysis, By Country (2021E)
Figure 23: North America Sterile Compounding Pharmacies Market Analysis, By End User (2021E)
Figure 24: North America Sterile Compounding Pharmacies Market Value (US$ Mn), Historical, 2016-2020
Figure 25: North America Sterile Compounding Pharmacies Market Value (US$ Mn), Forecast, 2021-2031
Figure 26: North America Sterile Compounding Pharmacies Market Attractiveness Analysis by Product, 2021-2031
Figure 27: North America Sterile Compounding Pharmacies Market Attractiveness Analysis by Therapeutic Area, 2021-2031
Figure 28: North America Sterile Compounding Pharmacies Market Attractiveness Analysis by End User, 2021-2031
Figure 29: North America Sterile Compounding Pharmacies Market Attractiveness Analysis by Country, 2021-2031
Figure 30: Latin America Sterile Compounding Pharmacies Market Analysis, By Product (2021E)
Figure 31: Latin America Sterile Compounding Pharmacies Market Analysis, By Therapeutic Area (2021E)
Figure 32: Latin America Sterile Compounding Pharmacies Market Analysis, By Country (2021E)
Figure 33: Latin America Sterile Compounding Pharmacies Market Analysis, By End User (2021E)
Figure 34: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn) Analysis, Historical, 2016-2020
Figure 35: Latin America Sterile Compounding Pharmacies Market Value (US$ Mn), Forecast, 2021-2031
Figure 36: Latin America Sterile Compounding Pharmacies Market Attractiveness Analysis by Product, 2021-2031
Figure 37: Latin America Sterile Compounding Pharmacies Market Attractiveness Analysis by Therapeutic Area, 2021-2031
Figure 38: Latin America Sterile Compounding Pharmacies Market Attractiveness Analysis by End User, 2021-2031
Figure 39: Latin America Sterile Compounding Pharmacies Market Attractiveness Analysis by Country, 2021-2031
Figure 40: Europe Sterile Compounding Pharmacies Market Analysis, By Product (2021E)
Figure 41: Europe Sterile Compounding Pharmacies Market Analysis, By Therapeutic Area (2021E)
Figure 42: Europe Sterile Compounding Pharmacies Market Analysis, By Country (2021E)
Figure 43: Europe Sterile Compounding Pharmacies Market Analysis, By End User (2021E)
Figure 44: Europe Sterile Compounding Pharmacies Market Value (US$ Mn), Historical, 2016-2020
Figure 45: Europe Sterile Compounding Pharmacies Market Value (US$ Mn), Forecast, 2021-2031
Figure 46: Europe Sterile Compounding Pharmacies Market Attractiveness Analysis by Product, 2021-2031
Figure 47: Europe Sterile Compounding Pharmacies Market Attractiveness Analysis by Therapeutic Area, 2021-2031
Figure 48: Europe Sterile Compounding Pharmacies Market Attractiveness Analysis by End User, 2021-2031
Figure 49: Europe Sterile Compounding Pharmacies Market Attractiveness Analysis by Country, 2021-2031
Figure 50: Asia Pacific Sterile Compounding Pharmacies Market Analysis, By Product (2021E)
Figure 51: Asia Pacific Sterile Compounding Pharmacies Market Analysis, By Therapeutic Area (2021E)
Figure 52: Asia Pacific Sterile Compounding Pharmacies Market Analysis, By Country (2021E)
Figure 53: Asia Pacific Sterile Compounding Pharmacies Market Analysis, By End User (2021E)
Figure 54: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn), Historical, 2016-2020
Figure 55: Asia Pacific Sterile Compounding Pharmacies Market Value (US$ Mn), Forecast, 2021-2031
Figure 56: Asia Pacific Sterile Compounding Pharmacies Market Attractiveness Analysis by Product, 2021-2031
Figure 57: Asia Pacific Sterile Compounding Pharmacies Market Attractiveness Analysis by Therapeutic Area, 2021-2031
Figure 58: Asia Pacific Sterile Compounding Pharmacies Market Attractiveness Analysis by End User, 2021-2031
Figure 59: Asia Pacific Sterile Compounding Pharmacies Market Attractiveness Analysis by Country, 2021-2031
Figure 60: MEA Sterile Compounding Pharmacies Market Analysis, By Product (2021E)
Figure 61: MEA Sterile Compounding Pharmacies Market Analysis, By Therapeutic Area (2021E)
Figure 62: MEA Sterile Compounding Pharmacies Market Analysis, By Country (2021E)
Figure 63: MEA Sterile Compounding Pharmacies Market Analysis, By End User (2021E)
Figure 64: MEA Sterile Compounding Pharmacies Market Value (US$ Mn), Historical, 2016-2020
Figure 65: MEA Sterile Compounding Pharmacies Market Value (US$ Mn), Forecast, 2021-2031
Figure 66: MEA Sterile Compounding Pharmacies Market Attractiveness Analysis by Product, 2021-2031
Figure 67: MEA Sterile Compounding Pharmacies Market Attractiveness Analysis by Therapeutic Area, 2021-2031
Figure 68: MEA Sterile Compounding Pharmacies Market Attractiveness Analysis by End User, 2021-2031
Figure 69: MEA Sterile Compounding Pharmacies Market Attractiveness Analysis by Country, 2021-2031
Figure 70: Global Sterile Compounding Pharmacies Market Value Proportion Analysis, By Countries, 2021
Figure 71: Global Sterile Compounding Pharmacies Market, Global Vs. Country Growth Y-o-Y (%) Comparison, 2021-2031
Figure 72: U.S Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 73: U.S Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 74: U.S Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 75: Global Vs. U.S Growth Comparison
Figure 76: Canada Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 77: Canada Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 78: Canada Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 79: Global Vs. Canada Growth Comparison
Figure 80: Mexico Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 81: Mexico Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 82: Mexico Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 83: Global Vs. Mexico Growth Comparison
Figure 84: Brazil Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 85: Brazil Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 86: Brazil Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 87: Global Vs. Brazil Growth Comparison
Figure 88: U.K. Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 89: U.K. Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 90: U.K. Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 91: Global Vs. U.K. Growth Comparison
Figure 92: Germany Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 93: Germany Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 94: Germany Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 95: Global Vs. Germany Growth Comparison
Figure 96: France Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 97: France Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 98: France Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 99: Global Vs. France Growth Comparison
Figure 100: Netherland Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 101: Netherland Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 102: Netherland Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 103: Global Vs. Netherland Growth Comparison
Figure 104: Italy Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 105: Italy Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 106: Italy Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 107: Global Vs. Italy Growth Comparison
Figure 108: Spain Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 109: Spain Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 110: Spain Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 111: Global Vs. Spain Growth Comparison
Figure 112: Australia and New Zealand Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 113: Australia and New Zealand Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 114: Australia and New Zealand Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 115: Global Vs. U.S Growth Comparison
Figure 116: Singapore Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 117: Singapore Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 118: Singapore Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 119: Global Vs. Singapore Growth Comparison
Figure 120: China Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 121: China Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 122: China Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 123: Global Vs. China Growth Comparison
Figure 124: India Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 125: India Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 126: India Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 127: Global Vs. India Growth Comparison
Figure 128: Saudi Arabia Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 129: Saudi Arabia Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 130: Saudi Arabia Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 131: Global Vs. Saudi Arabia Growth Comparison
Figure 132: South Africa Sterile Compounding Pharmacies Market Share Analysis (%), By Product, 2021 & 2031
Figure 133: South Africa Sterile Compounding Pharmacies Market Share Analysis (%), By Therapeutic Area, 2021 & 2031
Figure 134: South Africa Sterile Compounding Pharmacies Market Share Analysis (%), By End User, 2021 & 2031
Figure 135: Global Vs. South Africa Growth Comparison
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- FAQs -
How much is the global market for sterile compounding pharmacies currently worth?
At present, the global sterile compounding pharmacies market is worth US$ 4.2 Bn.
What will be the demand outlook for sterile compounded injections in the global market?
Sales of injections are expected to top US$ 5.3 Bn by the end of 2031, with revenue expected to register a CAGR of 6% over the same period.
What was the last 5 year’s market CAGR for global sterile compounding pharmacies?
From 2016-2020, the market expanded at the rate of 5.8%, owing to growing demand for compounded formulations.
What are the latest trends driving sales of sterile compounded solutions?
Diversification of services, increasing FDA compliance, changing pharmacy store formats, increasing mergers & acquisitions by leading players, new product launches, and approvals are some of the key trends shaping market expansion.
Which are the top countries driving demand for sterile compounding pharmacies?
The U.S., Canada, Australia & New Zealand, Singapore, and U.K. are expected to drive most demand for sterile compounding pharmacies over the next ten years.
What is the market outlook for North America?
North America is a key market for sterile compounding pharmacies, with the U.S. expected to account for 72% regional market share through 2031.
At what percentage is this industry expected to register growth in Europe?
Demand for sterile compounding pharmacies in Europe is expected to register a growth rate of 7.6% CAGR through the decade.
Sterile Compounding Pharmacies Market