Global Non-Sterile Compounding Pharmacy Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Oral Medication, Topical Medications, and Otologic/Nasal Medication.

By Application;

Pain Management and Hormone Replacement Therapy.

By End User;

Hospital and Compounding Pharmacy.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn153951282 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Non-Sterile Compounding Pharmacy Market (USD Million), 2021 - 2031

In the year 2024, the Global Non-Sterile Compounding Pharmacy Market was valued at USD 670.16 million. The size of this market is expected to increase to USD 775.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.1%.

The global non-sterile compounding pharmacy market is experiencing significant growth, driven by several factors including the rising demand for personalized medication and the increasing prevalence of chronic diseases. Non-sterile compounding pharmacies play a crucial role in providing tailored medications that meet the unique needs of patients, such as dosage adjustments and flavorings. Additionally, the growing geriatric population worldwide is contributing to the expansion of this market, as older adults often require customized medications due to age-related health issues and specific medication tolerances.

Advancements in pharmaceutical compounding technologies and techniques are enhancing the capabilities of non-sterile compounding pharmacies, allowing them to formulate a wider range of medications to address various medical conditions. Moreover, the COVID-19 pandemic has underscored the importance of compounding pharmacies in ensuring a stable supply of essential medications, further driving the demand for non-sterile compounding services globally. However, regulatory challenges and quality control issues remain key concerns for market players, as ensuring the safety and efficacy of compounded medications is paramount.

Collaborations between compounding pharmacies and healthcare providers, as well as investments in research and development, are expected to fuel the growth of the global non-sterile compounding pharmacy market in the coming years. Additionally, the increasing adoption of telemedicine and digital health platforms is likely to create new opportunities for market expansion, as these technologies enable easier access to compounded medications and enhance patient engagement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Non-Sterile Compounding Pharmacy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for personalized medication
        2. Rising prevalence of chronic diseases
        3. Technological advancements in compounding equipment and processes
      2. Restraints
        1. Stringent regulatory requirements
        2. Lack of standardized compounding practices
        3. Limited reimbursement policies for compounded medications
      3. Opportunities
        1. Growing adoption of compounding pharmacies in emerging economies
        2. Expansion of compounding services beyond traditional medication formulations
        3. Rising awareness about the benefits of customized medication therap
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Non-Sterile Compounding Pharmacy Market, By Product, 2021 - 2031 (USD Million)
      1. Oral Medication
      2. Topical Medications
      3. Otologic/Nasal Medication
    2. Global Non-Sterile Compounding Pharmacy Market, By Application, 2021 - 2031 (USD Million)
      1. Pain Management
      2. Hormone Replacement Therapy
    3. Global Non-Sterile Compounding Pharmacy Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Compounding Pharmacy
    4. Global Non-Sterile Compounding Pharmacy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Fagron NV
      2. B. Braun Melsungen AG
      3. PharMEDium Services, LLC
      4. Institutional Pharmacy Solutions
      5. Fresenius Kabi AG
      6. Triangle Compounding Pharmacies
      7. Cantrell Drug Company
      8. Dougherty's Pharmacy, Inc.
      9. McGuff Compounding Pharmacy Services, Inc.
      10. Pencol Compounding Pharmacy
  7. Analyst Views
  8. Future Outlook of the Market