Press release
Compounding Pharmacy Market Growth Set to Surge Significantly USD 20 Billion by 2030 | PharMEDium Services, Advanced Pharma, Wedgewood Pharmacy, B. Braun Group, Fresenius Kabi
According to Report, the global compounding pharmacies market was valued at around USD 11.2 billion in 2021 and is expected to hit USD 20 billion by 2030, registering growth at a +6% CAGR from 2022 to 2030.The role of compounding pharmacies is to make drugs prescribed by doctors for specific patients with needs that can't be met by commercially available drugs in the market. Compounded drugs are the amalgamation of two or more drug ingredients in different proportions, i.e., combining or altering the active pharmaceutical ingredients of drugs to meet the unmet medical need of an individual patient.
The report by Global Market Research is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Compounding Pharmacy market need to focus on identifying competition and formulating their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety.
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Leading players involved in the Compounding Pharmacy Market Include:
• PharMEDium Services
• Advanced Pharma
• Wedgewood Pharmacy
• B. Braun Group
• Fresenius Kabi
• Fagron
• Nihon Chouzai
• Medisca
• New Compounding Pharma
• AIN GROUP
• Qol Holdings
• Triangle Compounding Pharmacy
• Sogo Medical
• Affiliated Hospital of Guangdong Public Institution of Medicine
• Olympia Pharmacy
• Downing Labs
• Doughertys Pharmacy
• Peking University First Hospital
• PUMCH
• Apollo Pharmacy
• Lorraine`s Pharmacy
• Ruijin Hospital
• PLAGH
• Institutional Pharmacy Solutions
This report examines all the key factors influencing the growth of the Compounding Pharmacy market, including the demand-supply scenario, pricing structure, profit margins, production, and value chain analysis. Regional assessment of the Compounding Pharmacy market unlocks a plethora of untapped opportunities in regional and domestic marketplaces. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, the scope in new markets, pricing strategies, innovation possibilities, and much more.
Furthermore, the market is segmented based on type, application, and region to study it exhaustively and provide the data systematically. Speaking of the competitive landscape, the study includes a list of leading companies along with their product and service offerings, strategic decisions, SWOT analysis, latest developments, market share captured, growth rate, and valuation. The challenges faced by these companies are analyzed and solutions for them are given as well.
Market Segmentation:
By Application
• Paediatric
• Adult
• Geriatric
• Veterinary
By Compounding Type
• Pharmaceutical Ingredient Alteration (PIA)
• Currently Unavailable Pharmaceutical Manufacturing (CUPM)
• Pharmaceutical Dosage Alteration (PDA)
• Others
By Sterility
• Sterile
• Non-sterile
By Distribution Channel
• Hospital pharmacy
• Compounding pharmacy
• Others
The Compounding Pharmacy market is divided into various essential sectors, including application, type, and region. Each market segment is intensively studied in the report, considering market acceptance, value, demand, and growth prospects. Segmentation analysis allows customers to customize their marketing approach to perform better orders for each segment and identify the most prospective customer base.
The report is a combination of qualitative and quantitative analysis of the Compounding Pharmacy industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
Reasons to Buy:
1. The nature of Compounding Pharmacy business opportunities has grown in complexity with the industry evolving at a greater pace, making it increasingly difficult to go without adequate information on markets and companies.
2. Gain a complete understanding of the Global Compounding Pharmacy industry through the comprehensive analysis
3. Evaluate the pros and cons of investing/operating in country level Compounding Pharmacy markets through reliable forecast model results
4. Identify potential investment/contract/expansion opportunities
5. Drive your strategies in the right direction by understanding the impact of the latest trends, and market forecasts on your Compounding Pharmacy business
6. Beat your competition through information on their operations, strategies, and new projects
7. Recent insights on the Compounding Pharmacy market will help users operating in the market to initiate transformational growth.
The report includes a SWOT analysis of leading companies from the global Compounding Pharmacy market. It also encloses and studies the most recent market developments that are likely to affect the industry. Moreover, the products & services offered by these companies are documented as well.
Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global Compounding Pharmacy Market Analysis, Trends, Growth Factor
Chapter 5 Compounding Pharmacy Market Application and Business with Potential Analysis
Chapter 6 Global Compounding Pharmacy Market Segment, Type, Application
Chapter 7 Global Compounding Pharmacy Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of Compounding Pharmacy Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion
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Phone: +1 617 297 8902
Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
About Global Market Vision
Global Market Vision a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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