Sterile Compounding Pharmacies Market Scope and Key Players Analysis by 2028
Sterile Compounding Pharmacies Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 3.97 Billion |
| Market Size by 2028 | US$ 6.2 Billion |
| Global CAGR (2021 - 2028) | 6.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Route of Administration-Based Insights
Based on route of administration, the sterile compounding pharmacies market is segmented into intravenous, intramuscular, and subcutaneous. The intravenous segment held the largest share of the market in 2020 and is projected to continue its dominance during the forecast period. However, the intramuscular segment is estimated to register the highest CAGR in the market during the forecast period. The intramuscular (IM) route of drug delivery is the most common route for parenteral injection. Many antibiotics, preoperative sedatives, and narcotics are given through the intramuscular route. For instance, in February 2021, Biogen, announced that the US Food and Drug Administration (FDA) approved a new intramuscular (IM) injection for "Plegridy (peginterferon beta-1a) responsible for treating multiple sclerosis (MS).
Companies operating in the sterile compounding pharmacies market adopt the product innovation strategy to meet the evolving customer demands across the world, which also permits them to maintain their brand name in the global market.
Based on product, the sterile compounding pharmacies market is bifurcated into injectables and infusions.
Based on route of administration, the sterile compounding pharmacies market is segmented into intravenous, intramuscular, and subcutaneous
Sterile Compounding Pharmacies Market Size – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Company Profiles
Company Profiles
- Fagron, Inc.
- Triangle Compounding Pharmacy
- B. Braun Melsungen AG
- PharMedium Healthcare Holdings, Inc.
- Fresenius Kabi AG
- Avella specialty Pharmacy
- Pencol Compounding Pharmacy
- Pavilion Compounding Pharmacy LLC
- Pace Pharmacy
- SandsRx
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