North America Compounding Pharmacies Market Analysis by Size, Share, Growth, Trends up to 2028

North America Compounding Pharmacies Market was valued at US$ 4,997.65 million in 2021 and is projected to reach US$ 7,786.73 million by 2028 with 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. In the United States, as per the International Academy of Compounding Pharmacists (IACP), there are 56,000 community-based pharmacies and about half of them directly serve local patients and doctors. Moreover, as per IACP, 7,500 compounding pharmacies specialize in advanced compounding services; out of which 3,000 make sterile products. Compound drugs are exempt from FDA-approval as many compounding pharmacists mix up ingredients as per need.

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The North America Compounding Pharmacies market following are the manufacturers cover -

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

The leading players of the North America Compounding Pharmacies industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among North America Compounding Pharmacies players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.

Market Segment by Type, the product can be divided into:

By Product
Oral Medications
Topical Medications
Suppositories
Others

By Therapeutic Area
Pain Medications
Dermatological Applications
Hormone Replacement Therapies
Others

By Country
US
Canada
Mexico

This analysis report also presents practical and practical case studies to help you get a clearer understanding of the subject. This analysis report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks within the North America Compounding Pharmacies market.

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Table of Contents: North America Compounding Pharmacies Market 2021 - 2028

Chapter 1: Overview of North America Compounding Pharmacies

Chapter 2: Regional Market Status and Forecast by Regions

Chapter 3: Regional Market Status and Forecast by Types

Chapter 4: Regional Market Status and Forecast by Downstream Industry

Chapter 5: Market driving correlational analysis

Chapter 6: Market competition status by major makers

Chapter 7: Major manufacturer's introduction and market data

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Chapter 8: Upstream and downstream market analysis

Chapter 9: Cost and gross margin analysis

Chapter 10: Marketing status analysis

Chapter 11: Market report conclusion

Chapter 12: Research methodology and reference

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This release was published on openPR.