Press release
The Compounding Pharmacies Market market was valued at USD 9876.5 million in 2019 and is estimated to grow at a CAGR of 5.7% during 2021-2029.
Compounding Pharmacies Market
Compounding pharmacy provides tailored drugs as per individuals need. The process includes mixing and altering ingredients of drugs. It has been in use since decades but the growing need for personalized medicines for various chronic diseases has increased the demand for specialty medicines. These are prepared by trained professionals to meet the needs of a patient for whom an approved drug may not be appropriate due to allergy or sensitivity towards the certain drug or content. Pharmacy compounding is regulated by state authorities.
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The Major Manufacturers Covered in this Report:
Fresenius Kabi AG, AmerisourceBergen Corporation, Pencol Compounding Pharmacy, ITC Compounding Pharmacy, B. Braun Melsungen AG, LorrainesPharmacy, Panaceutics Inc., Fagron, and McGuff Compounding Pharmacy Services, Inc.,
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029
Market Segmentation:
By Dosage Forms
Solid oral preparations
Liquid preparations
Topical
Ophthalmic
Nasal
Others
By Therapeutic Area
Hormone Replacement
Pain Management
Dermatology applications
Specialty drugs
Nutritional supplements
Others
By Compounding Type
Pharmaceutical ingredient alteration (PIA),
Pharmaceutical application alteration (PAA),
Currently unavailable pharmaceutical manufacturing (CUPM)
Pharmaceutical dosage alteration (PDA)
Specialized animal pharmaceutical manufacturing (SAPM)
By End-Users
Adult
Pediatric
Geriatric
Veterinary
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Compounding Pharmacies Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Compounding Pharmacies Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Compounding Pharmacies Market sub-markets, depending on key regions (various vital states).
To analyze the Global Compounding Pharmacies Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Compounding Pharmacies Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2029.
Primary worldwide Global Compounding Pharmacies Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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