Press release
Compounding Pharmacy Market: Growing Trends and Business Opportunities By Key Players – Fagron, Wedgewood, CAPS, Fresenius Kabi, PharMEDium, Cantrell Drug, Advanced Pharma | Global Industry Outlook till 2022
Global Compounding Pharmacy Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.Global Compounding Pharmacy Market Overview:
According to Market Analyst, Global Compounding Pharmacy Market is projected to grow at a healthy growth rate from 2018 to 2022.
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The major factors contributing to the growth of the global Compounding Pharmacy Market include increasing prevalence of hormonal imbalance. Factors such as growing geriatric population, unhealthy eating habits of people, consumption of medications, stress, and increasing prevalence of thyroid, diabetes, and tumors, are driving the rising incidences of hormonal imbalance. This also results in physical and mental issues. Furthermore, The increase in healthcare and pharmaceutical spending is a major factor driving the market’s growth.
In addition, Pharmacy visits are increasing significantly because of the increasing prevalence of chronic diseases. Owing to the increase in the number of prescriptions, people with allergies to some ingredients, people who are sensitive and need mild doses, and people who need medicines in different forms such as liquids prefer compounded drugs. This is driving the growth of the global compounding pharmacy market.
Compounding Pharmacy market can be segmented according to the product type, therapeutic area, distribution channel, and region. On the basis of product type, the compounding pharmacy market can be segmented into oral medications, topical medications, suppositories, and others. topical medications are anticipated to record significant growth in the forecast period, owing to the growing demand for dermatological applications and rising market for hormone replacement therapies.
On the basis of therapeutic area, the market can be segmented into pain medications, hormone replacement therapies, dermatological applications, and others. Hormone replacement therapy is anticipated to be the growing application in the forecast period, owing to their growing application in the treatment of various diseases such as cancer, and also in maintaining the hormonal levels in menopause. Furthermore, Based on distribution channel, the market can be segmented into compounding pharmacies, and traditional stores. compounding pharmacy stores which are approved by state regulatory bodies are anticipated to record robust growth in the forecast period.
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Regionally, the market can be segmented into five regions, including North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America was the leading region in the compounding pharmacy market. It is anticipated to be the highest revenue contributor in the forecast period due to shortage of drugs reported by the FDA in the U.S. Europe in anticipated to be trailing next region in terms of revenue contribution to the market. Asia Pacific is anticipated to record highest CAGR growth in the forecast period.
The Market is segmented and projected on the basis of major key player’s:
1 Fagron
2 Wedgewood Pharma
3 CAPS
4 Fresenius Kabi
5 PharMEDium Services
6 Cantrell Drug
7 Advanced Pharma
8 Doughertys Pharmacy
9 Institutional Pharmacy Solutions
10 Lorraine's Pharmacy
11 Village Compounding Pharmacy
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 How has the Compounding Pharmacy market performed so far and how will it perform in the coming years?
2 What will the market size be in 2022?
3 What are the key factors driving the Compounding Pharmacy Market?
4 What are the challenges to market growth?
5 What is the structure of the Compounding Pharmacy industry and who are the key players?
6 What are the market opportunities and threats faced by the key players?
7 What are the profit margins in the Compounding Pharmacy industry?
TABLE OF CONTENTS
1 Compounding Pharmacy Product Definition
2 Global Compounding Pharmacy Market Manufacturer Share and Market Overview
3 Manufacturer Compounding Pharmacy Business Introduction
4 Global Compounding Pharmacy Market Segmentation (Region Level)
5 Global Compounding Pharmacy Market Segmentation (Product Type Level)
6 Global Compounding Pharmacy Market Segmentation (Industry Level)
7 Global Compounding Pharmacy Market Segmentation (Channel Level)
8 Compounding Pharmacy Market Forecast 2018-2022
9 Compounding Pharmacy Segmentation Product Type
10 Compounding Pharmacy Segmentation Industry
11 Compounding Pharmacy Cost of Production Analysis
12 Conclusion
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