01-12-2019 07:48 AM CET - Advertising, Media Consulting, Marketing Research

Compounding Pharmacy Market Impressive Growth | AmerisourceBergen, Rx3 Pharmacy, Agbi’s Sterile Compounding Pharmacy

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
Compounding Pharmacy Market
Compounding Pharmacy Market
HTF MI recently Announced Global Compounding Pharmacy study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Compounding Pharmacy. Global Compounding Pharmacy research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Compounding Pharmacy Forecast till 2025*. Some of the Leading key Company’s Covered for this Research are AmerisourceBergen , Rx3 Pharmacy , Agbi’s Sterile Compounding Pharmacy LLC

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Compounding pharmacy is the process of mixing, combining, or alteration of the ingredients to produce the personalized medication for individual patients to treat various diseases. It is a customized dosage forms and/or prescription medications to meet an individual patient’s needs. They are supplying such drugs for patients who do not improve by consuming commercial available drugs. and The United States contributed to 63% of global compound market share in 2017. The most percentage of Compounding Pharmacy Consumers aged 45 to 64 in 2016 was 40%. The market study is being classified by Type (Oral (Capsules, Tablets, suspensions, lozenges, lollipops) , Topical (Cream, gel, ointments, lotions) , Mouthwashes , Suppositories , Injectables (Injections, infusions, concentrates, reconstitution, gels) , Ophthalmic and By end users (Adult ,Pediatric, Geriatric,Veterinary)), by Application (Pain management , Therapeutic interventions and Hormone replacement therapy) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Competitive Landscape
AmerisourceBergen , Rx3 Pharmacy , Agbi’s Sterile Compounding Pharmacy LLC (U.K) , B. Braun Medical Inc. (Germany) and Cantrell Drug Company, Inc. are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Belle Sante Diagnostic & Therapeutic Institute Pvt. Ltd. (India) , Village Sterile Compounding Pharmacy , Imprimis Pharmaceuticals, Inc. , Institutional Pharmacies Of Louisiana LLC , Lorraine's Pharmacy (Canada) , McGuff Sterile Compounding Pharmacy Services, Inc. , Panaceutics Inc., Pencol Compounding Pharmacy , Fagron (Netherlands) and ITC Compounding Pharmacy (United States).
North America dominates the compound pharmacy market due to increase adoption of compounded drugs by patients.

Market Drivers
Increasing number of patients visiting physicians for treatment of chronic illness resulting in rising consumption of prescribed drugs.
Increased number of patients who prefer oral route drug consumption leading to demand of oral compounded prescribed medications.
Increase in hormone replacement therapy and positive response from community.
Increase in healthcare and pharmaceutical expenditure by the community.

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Market Trend
Compounding pharmacy stores which are approved by state regulatory bodies are predictable to record vigorous growth in the forecast period.
Increase prevalence of hormonal imbalance

Increase in drug failure during the process of drug discovery and drug formulation.
Adulterated drugs being sold in the market
Lack of efficient regulation in place

Physiological changes in adult people , Rising adoption of compound medicines for chronic disease and Increasing demand of anti ageing product
Market Leaders and their expansionary development strategies

In May 2015, Fagron Company acquired JCB Laboratories to restructure the U.S. sterile compounding pharmacies industry. This strategic planning helped the company to provide superior compounded pharmaceutical drugs that has enhanced the company’s profit.
Companies are hiring and training pharmacist to create medication involving mixture of ingredients and suitable to be prescribed to the individual patient. and New regulations being introduced in the compounding pharmacies industry globally to deal with the problem of contaminated drugs and wrong formulations

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Global Compounding Pharmacy Research for a Leading company is an intelligent process of gathering and analyzing the numerical data related to services and products. This Research Give idea to aims at your targeted customer’s understanding, needs and wants. Also, reveals how effectively a company can meet their requirements. The market research collects data about the customers, marketing strategy, competitors. The Compounding Pharmacy Manufacturing industry is becoming increasingly dynamic and innovative, with more number of private players entering the industry.

Important Features that are under offering & key highlights of the report:

1) Who are the Leading Key Company in Global Compounding Pharmacy market space?

Following are list of players that are currently profiled in the report "Traders, Wholesalers, Compounding pharmacies Manufacturers & Stakeholders"

** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Compounding Pharmacy market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.

3) What are the Market Applications & Types:

The study is segmented by following Product Type: Type 1,Type 2,Type 3

Major applications/end-users industry are: Application 1,Application 2

To comprehend Global Compounding Pharmacy market dynamics in the world mainly, the worldwide Compounding Pharmacy market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as AmerisourceBergen , Rx3 Pharmacy , Agbi’s Sterile Compounding Pharmacy LLC includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Research Parameter/ Research Methodology

Primary Research:
The primary sources involves the industry experts from the Global Compounding Pharmacy industry including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Compounding Pharmacy in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.

**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

Buy this research @ www.htfmarketreport.com/buy-now?format=1&report=1556483

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

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