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Compounding Pharmacy Market Forecast to Reach USD 22.08 Billion by 2031 Driven by Personalized Medicine Demand, Drug Shortages, and Expanding Sterile Compounding Capacity

Newsroom by Newsroom
March 27, 2026
Compounding Pharmacy Market Forecast to Reach USD 22.08 Billion by 2031 Driven by Personalized Medicine Demand, Drug Shortages, and Expanding Sterile Compounding Capacity
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Mordor Intelligence has published a new report on the compounding pharmacy market, offering a comprehensive analysis of trends, growth drivers, and future projections. 

Compounding Pharmacy Market Overview  

 According to Mordor Intelligence, the compounding pharmacy market size is estimated at USD 15.83 billion in 2025, rising to USD 16.78 billion in 2026, and is projected to reach USD 22.08 billion by 2031, reflecting consistent compounding pharmacy market growth during the forecast period. 

This expansion is closely tied to the increasing demand for personalized medicine, where standard drug formulations are not always suitable. Hospitals and clinics are now relying on customized medications to address patient-specific requirements such as dosage adjustments, allergen-free formulations, and alternative delivery forms.  

Key Compounding Pharmacy Market Trends 

Rising Demand for Personalized Medicine 

One of the most important compounding pharmacy market trends is the growing focus on personalized treatment. Patients increasingly require medications that are not available in mass-produced formats. This includes pediatric-friendly dosages, allergen-free formulations, and customized hormone therapies. 

Drug Shortages Supporting Market Expansion 

Persistent supply chain disruptions are shaping the compounding pharmacy market growth. Hospitals are entering long-term agreements with outsourcing facilities to secure consistent access to compounded medications. This trend is strengthening the role of compounding pharmacies as a backup system for essential drugs, particularly sterile injectables. 

Growth of Sterile Compounding Facilities 

Sterile compounding continues to dominate the compounding pharmacy market size due to its critical role in hospital care. Facilities are investing in advanced automation and robotic systems to reduce contamination risks and ensure high-quality production. 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/compounding-pharmacy-market?utm_source=emailwire  

Compounding Pharmacy Market Segmentation 

By Route of Administration 

By Therapeutic Area 

  • Hormone replacement therapy 
  • Nutritional supplements 
  • Oncology and specialty drugs 

By Sterility 

By Age Group 

By End User 

  • Retail and community dispensing 

By Geography 

Explore Our Full Library of Healthcare Research Report: 

https://www.mordorintelligence.com/market-analysis/healthcare?utm_source=emailwire  

Compounding Pharmacy Market Key Players and Competitive Landscape 

The competitive landscape of the compounding pharmacy market shows a mix of moderate fragmentation and increasing consolidation. Larger outsourcing facilities are strengthening their position by investing in compliance, automation, and large-scale production capabilities. This is helping them secure long-term contracts with hospitals and healthcare systems. 

Key Players in the Compounding Pharmacy Market 

  • Baxter International Inc. 

Explore more insights on compounding pharmacy competitive landscape: 

Conclusion 

The compounding pharmacy market is set for steady progress as healthcare systems continue to prioritize flexibility and patient-specific care. The increasing need for customized medications, combined with recurring drug shortages, is expected to sustain demand across hospitals, specialty clinics, and retail settings. 

The compounding pharmacy market forecast also indicates continued expansion in sterile compounding and specialized therapeutic areas. Pediatric, veterinary, and dermatology applications are expected to contribute significantly to the overall compounding pharmacy market growth. 

Get detailed insights on the compounding pharmacy market: 

https://www.mordorintelligence.com/industry-reports/compounding-pharmacy-market?utm_source=emailwire  

Industry Related Reports 

Ashwagandha Market:  

The market is growing due to increasing demand for herbal supplements, rising awareness of natural health products, and expanding use of ashwagandha in dietary supplements, functional foods, and wellness applications. 

Get more insights: https://www.mordorintelligence.com/industry-reports/ashwagandha-market?utm_source=emailwire 

Homeopathy Product Market size:  

The market is projected to grow from USD 13.02 billion in 2026 to USD 16.65 billion by 2031, driven by increasing preference for alternative medicine, rising consumer awareness, and growing availability of homeopathic remedies. 

Get more insights: https://www.mordorintelligence.com/industry-reports/homeopathy-product-market?utm_source=emailwire 

Precision Medicine Market share:  

The market is estimated to grow from USD 125.71 billion in 2026 to USD 237.28 billion by 2031, supported by advancements in genomics, increasing adoption of personalized healthcare, and rising investments in targeted therapies. 

Get more insights: https://www.mordorintelligence.com/industry-reports/precision-medicine-market?utm_source=emailwire 

About Mordor Intelligence: 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/



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