As cited by the research report titled ‘USA compounding pharmaceutical Market Size study, by Product Type (Oral medications, Topical medication, suppositories and others), by Therapeutic area (Pain medications, Hormone replacement therapies, Dermatological Distribution Channels and others), by Distribution Channel (Compounding pharmacies and Traditional stores) and Regional Forecasts 2020-2027’, available with Market Study Report, USA compounding pharmaceutical market was appraised at USD 4.51 billion in 2019 and is projected to register a y-o-y growth rate of 5.6% over 2020-2027 to account for USD 6.80 billion by the end of forecast period.
 

Improved cognizance of various skin conditions, prevalence of these disorders, and rising geriatric population are the factors driving the growth of the USA compounding pharmaceutical market.
 

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As per the American Academy of Dermatology, acne, atopic dermatitis, and psoriasis are the primary skin conditions that are rampant among the people of the United States. Around 50 million people in America are affected by acne each year. Meanwhile, at least 1 in 10 individuals would have atopic dermatitis at least once in their lifetime. Hence, recommendation for compounding pharmaceuticals for skin conditions by doctors and dermatologists will stimulate the industry outlook.
 

For the record, compounding pharmaceutical involves preparation of personalized drug mixture for meeting the specific needs of a patient which cannot be met by the drugs that are available commercially.
 

However, restrained approval for compounding pharmaceuticals from Food & Drug Administration is acting as a bottleneck for the USA compounding pharmaceutical industry.
 

Based on product type, the market is segmented into topical medications, oral medications, and suppositories among others. Speaking of therapeutic area, USA compounding pharmaceutical marketplace is divided into pain medications, dermatological applications, and hormone replacement therapies. Moving on to distribution channel, the industry is classified into compounding pharmacies, and traditional stores.
 

Leading players influencing the USA compounding pharmaceutical industry trends are Pencol Compounding Pharmacy, Clinigen Group plc, Triangle Compounding Pharmacy, Rx3 Compounding Pharmacy, Fresenius Kabi, Nephron Pharmaceuticals Corporation, Athenex Pharma Solutions, B. Braun Medical Inc., and Institutional Pharmacy Solutions LLC.
 

These industry colossuses are constantly undertaking research & development activities in order to introduce better solutions, while collaborating with other companies and medical institutes to meet patient demands and enhance their regional footprint in the market space.