Press release
North America Compounding Pharmacies Market Likely to Experience A Huge Growth in Near Future 2027 | Avella specialty pharmacy, B.Braun Melsungen AG, Fagron, Inc
The Compounding Pharmacies market in North America is expected to grow from US$ 4,997.65 million in 2021 to US$ 7,786.73 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.North America includes the US, Canada, and Mexico. The market in North America held a significant share in the global market during the year 2020. The United States offers significant growth opportunities in the compounding pharmacies market, which is expected to drive the market’s growth at a considerable pace. Compounding pharmacy or compound pharmacy makes drugs prescribed by doctors for specific patients with needs that commercially available drugs can't meet. Pharmacists customize medication for skin conditions and rare diseases as per each patient's unique needs, as long as that drug is not available from a drug manufacturer.
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Growing demand for compounding pharmacy during COVID-19; Due to the COVID-19 pandemic, the demand for compounding operations is increasing. The US FDA has released a note and allowed to compound certain hospital drugs used to treat patients on ventilators in response to soaring demand and shortage during the COVID-19 pandemic.
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Major Key players covered in this report:
• Avella specialty pharmacy
• B.Braun Melsungen AG
• Fagron, Inc
• Fresenius Kabi AG
• PharMEDium Healthcare Holdings, Inc
• Triangle Compounding Pharmacy
• US Compounding Inc
• Vertisis Custom Pharmacy
NORTH AMERICA COMPOUNDING PHARMACIES MARKET SEGMENTATION
North America Compounding Pharmacies Market, by Product
• Oral Medications
• Topical Medications
• Suppositories
• Others
North America Compounding Pharmacies Market, by Therapeutic Area
• Pain Medications
• Dermatological Applications
• Hormone Replacement Therapies
• Others
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Reasons to buy report
To understand the North America compounding pharmacies market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for North America compounding pharmacies market
Efficiently plan M&A and partnership deals in North America compounding pharmacies market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America compounding pharmacies market
Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
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