Press release
U.S. Injectable Compounding Pharmacy Market Future Business Opportunities 2022-2028 | Central Admixture Pharmacy Services, Inc., Nephron Pharmaceuticals Corporation, QuVa Pharma
"U.S. Injectable Compounding Pharmacy Market, ๐๐ซ๐ฎ๐ ๐๐ซ๐ข๐๐, ๐๐๐ฅ๐๐ฌ ๐๐ง๐ ๐๐ฅ๐ข๐ง๐ข๐๐๐ฅ ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ ๐๐๐๐" ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โข U.S. Injectable Compounding Pharmacy Market Opportunity: US$ by 2028
โข U.S. Injectable Compounding Pharmacy Market Growth: 100% Absolute Growth Till 2028
โข U.S. Injectable Compounding Pharmacy Market Size Opportunity by Therapeutic Class
โข Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
โข Insight on FDA Approved in the Market
โข Price, Dosage, Patent and Sales Insight on U.S. Injectable Compounding Pharmacy Market
U.S. Injectable Compounding Pharmacy Market โ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Key players functioning in the U.S. Injectable Compounding Pharmacy Market consists of Central Admixture Pharmacy Services, Inc., Nephron Pharmaceuticals Corporation, QuVa Pharma, Olympia Pharmacy, ASP Cares, Fagron Compounding Pharmacies, Athenex, Inc., Avella Specialty Pharmacy, Atlas Pharmaceuticals, Empower Pharmacy, Carie BoydโS Prescription Shop, Edge Pharma, Imprimis NJOF, LLC, IntegraDose Compounding Services, LLC, Wells Pharma of Houston, LLC, US Compounding Inc., SCA Pharma, and Vertisis Custom Pharmacy.
"๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐ง๐ถ๐บ๐ฒ ๐ข๐ณ๐ณ๐ฒ๐ฟ ๐๐๐ ๐ง๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐๐น๐ฎ๐ ๐ฏ๐ฌ% ๐ข๐๐"
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Market Overview:
Injectable compounding pharmacy, also known as Injection Pharmacy, is the process of mixing and preparing medication in a container that holds an adequate amount of medicine. This process is done with the help of machines called 'syringes' or 'pipes' that carry the medication through a process of mixing, conditioning, and freezing. The pharmaceutical industry is witnessing explosive growth due to a number of factors, including the aging U.S. population and the rise of chronic conditions. As the baby boomer generation retires, the demand for products with high therapeutic values will increase. As the health care and pharmaceutical industries expand to meet this demand, several new applications for injectable medication are expected to come up.
Key Market Drivers:
Growing prevalence of chronic disease such as cancer and diabetes is propelling growth of the U.S. injectable compounding pharmacy market. According to the National Health Council, chronic diseases affect approximately 133 million Americans, representing more than 40% of the total population of this country. By 2020, that number is projected to grow to an estimated 157 million, with 81 million having multiple conditions. More and more people are living with not just one chronic illness, such as diabetes, heart disease or depression. Almost a third of the population is now living with multiple chronic conditions.
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An increasing aging population group that is highly susceptible to chronic disease is again augmenting growth of the market. According to U.S. Census Bureau, there were 40.3M U.S. residents 65 years and older in the 2010 Census and 54.1M in the July 1, 2019, population estimates.
Covid-19 Impact Analysis
The coronavirus pandemic has put healthcare & pharma industry under lot of stress, while healthcare sector crawl to do their job in addressing the need. There was high demand for pain management medicine during a pandemic. The industry has witnessed positive growth owing to the growing need for various drugs and device to treat Covid-19 and other chronic diseases.
Key Takeaways:
The U.S. injectable compounding pharmacy market is expected to exhibit a CAGR of 7.3% over the forecast period, owing to growing advancements in science & technology, pharmaceuticals, medical practice, and other interventions in the country.
Key players are focusing on adopting partnership and collaboration in the market to expand their product portfolio. For instance, in September 2019, QuVa Pharma, Inc. announced the completion of the next phase of capacity expansion at its Bloomsbury, New Jersey, state-of-the-art cGMP compliant 503B FDA registered manufacturing facility. This is in addition to ongoing investments for further capacity growth at QuVa's two-scale Texas-based 503B pharmaceutical facilities.
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๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 U.S. Injectable Compounding Pharmacy Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: U.S. Injectable Compounding Pharmacy Industry Impact
Chapter 2 U.S. Injectable Compounding Pharmacy Competition by Types, Applications, and Top Regions and Countries
2.1 U.S. Injectable Compounding Pharmacy (Volume and Value) by Type
2.3 U.S. Injectable Compounding Pharmacy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Conclusions
Research Methodology
Continued....
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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