Company Spotlight

Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
United States Compounding Pharmacies Market Report and Forecast 2025-2034
The United States compounding pharmacies market was valued at USD 7.00 Billion in 2024 driven by the increasing prevalence of chronic diseases across the region. It is expected to grow at a CAGR of 6.30% during the forecast period of 2025-2034 and attain a market value of USD 12.90 Billion by 2034.
Compounding pharmacies specialise in creating customized medications to meet the specific needs of individual patients. Unlike standard pharmacies that dispense mass-produced drugs, compounding pharmacies mix ingredients to form medications in precise dosages, forms, or flavours. These pharmacies cater to patients with unique health conditions, allergies, or preferences, providing personalized solutions that may not be available in commercial products. Compounding can involve preparing topical creams, oral medications, or even hormone replacement therapies, ensuring patients receive the most appropriate treatment tailored to their medical requirements.
The increasing geriatric population in the United States is a major driver for the compounding pharmacy market. By 2060, it is projected that approximately 24% of the United States population will be aged 65 or older, creating a higher demand for specialised healthcare solutions. As the elderly often require tailored treatments for chronic conditions, compounded medications that are specifically designed for individual needs are expected to grow in importance. This demographic shift is propelling the demand for customized and parenteral medications.
The parenteral division of compounding pharmacies has seen significant growth, capturing 18% of the market share in 2020. This trend reflects a shift towards injectable medications, which offer faster delivery and higher bioavailability for patients with specific medical needs. With the growing prevalence of complex health conditions, compound parenteral therapies are becoming more essential, particularly for elderly patients who require precise dosages. This trend highlights the increasing preference for personalized, injectable solutions in the healthcare sector.
Headquarters | Deerfield, Illinois, USA |
Establishment | 1901 |
Website | https://www.walgreens.com/ |
Walgreen Co., commonly known as Walgreens, is one of the largest pharmacy chains in the United States. It operates thousands of locations across the country, providing prescription medications, over-the-counter products, health and wellness services, and photo printing. Walgreens also offers immunizations and health screenings. The company has a long history of innovation in healthcare services, integrating technology for online prescriptions and digital services. Walgreens is also involved in the retail and pharmacy sectors through partnerships with various organizations, making it a key player in the healthcare industry.
Headquarters | Ontario, Canada |
Establishment | 1962 |
Website | https://www.usdrugmart.com/ |
US Drug Mart is a pharmacy chain that focuses on providing a wide range of prescription medications, over-the-counter drugs, and health-related services. It caters to the needs of individual customers, ensuring personalized service with a focus on care and convenience. US Drug Mart is known for its competitive pricing, along with offering services such as medication compounding, vaccinations, and consultations. The company has earned a reputation for its customer-first approach, making it a trusted pharmacy provider in the regions it serves. It operates under the principle of ensuring affordability and accessibility to quality healthcare.
Headquarters | Knoxville, Tennessee |
Establishment | 1981 |
Website | https://compoundingrxusa.com/ |
Compounding Pharmacy of America is a renowned provider of customized medications. Specializing in compounding services, the pharmacy creates tailor-made prescriptions to meet the unique needs of patients. These medications include hormone therapy, pain management treatments, and specialized formulations for children and pets. The pharmacy is dedicated to delivering high-quality, personalized pharmaceutical care, ensuring that patients receive the most appropriate and effective treatments. With a focus on patient-centred care, the company plays a pivotal role in providing alternative treatment options that are often unavailable through standard pharmaceutical products.
Headquarters | Cerritos, California |
Establishment | 1996 |
Website | https://www.triadcompounding.com/ |
Triad Compounding Pharmacy is dedicated to providing personalized pharmaceutical care by offering compounding services tailored to individual needs. Based in the United States, the pharmacy works with healthcare professionals to create customized medications, which include hormone replacement therapy, pain management solutions, and treatments for dermatological conditions, among others. Triad Compounding Pharmacy takes pride in its ability to formulate prescriptions that suit patients' specific needs, whether they require unique dosages, alternative ingredients, or special formulations. The pharmacy’s commitment to patient safety and quality control ensures the highest standard of care in the compounding industry.
Headquarters | Berkeley, California |
Establishment | 2016 |
Website | https://valorcompounding.com/ |
Valor Compounding Pharmacy is known for its specialized pharmaceutical compounding services, tailoring medications to meet unique patient needs. The pharmacy came under regulatory scrutiny, particularly from the FDA, which issued a state referral letter in August 2023. This heightened attention emphasises the ongoing need for strict adherence to regulatory standards in the compounding sector. Valor’s commitment to quality is evident, but the scrutiny serves as a reminder to the industry about the importance of compliance with safety and operational regulations, particularly in an environment of increasing regulatory oversight.
Headquarters | Houston, Texas |
Establishment | 2009 |
Website | https://www.empowerpharmacy.com/ |
Empower Pharmacy is a leading compounding pharmacy, known for providing innovative and customized medications. For instance, in September 2021, the company made headlines with the opening of its new state-of-the-art facility in Houston, Texas, with an investment of about USD 55 million, aimed at improving pharmaceutical technology. Spanning 86,000 sq ft, this facility is among the largest of its kind in North America, offering cutting-edge solutions to enhance patient care. The opening marks a significant milestone for Empower Pharmacy, reinforcing its commitment to affordable, high-quality medications, while setting new standards for the industry’s future, with improved access to innovative pharmaceutical services.
Latest Updates on Thriving Economically in a World of Constant Innovation
To place an order through our website, select the license type mentioned on the report details page. Click on the ‘Buy Now’ button and fill in your details. Select your preferred mode of payment after which you will be redirected to the selected payment gateway. Follow the steps and proceed to checkout.
www.expertmarketresearch.comEnlisting all your requirements and queries along with details that include billing and delivery address and the preferred payment mode. Our customer service representative will revert to you within 24 hours.
sales@expertmarketresearch.comTo place an order through telephone, call our sales team on the following numbers and our customer service representative will help you regarding the same.
+61 291 889 415Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share