Press release
Compounding pharmacy Market - Industry Outlook, Size,Share, Growth Prospects, Key Opportunities, Trends and Forecasts, 2017-2021
Compounding pharmacy
This can be done for medical reasons such as to change a solid pill into liquid form, remove any particular non essential ingredient which the patient may not require or is allergic to, to add a particular pharmaceutical ingredient which is required by the patient, to add flavors, tastes to medications, intravenous/parenteral medications. Compounding can be traditional and non-traditional. When a drug is compounded specifically for a patient, it is known as traditional compounding. When compounding is done on bulk to produce a given formulation, it is known as non-traditional compounding.
Compounding pharmacy has existed from ancient times. Hunter-gatherers used to do it for with medicinal herbs to prepare combinations for treatment, perfume preparation, ointment preparations, grooming, religion, preparing the dead etc. Alchemy movement happened due to the work of drug compounders which contributed to modern principles of compounding. The first compounding drugstores were opened around 754 in Baghdad by Muslim pharmacists.
Applications
• Drug research & development: Pharmaceutical compounding plays an important role in research and development of drugs. The compounding pharmacists tests and develop new pharmaceutical combinations with different active ingredients.
• Patients with distinct medication needs: compounding pharmacy helps in creation of tailor made pharmaceutical combinations for individual patients according to the direction of the physician. It may be preparing a prescription which is not available commercially, medicines in very small doses or limited strengths, changing the form of the medicine into liquid or gel, preparing a allergen free medication, preparing a drug which is not made available by manufacturer due to low profitability, bioidentical hormone replacement therapy (BHRT), rendering a fruity or different flavor to the medicines for children consumption etc.
• Personalized medicine and polypharmacy
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Some Points From TOC
2 Global Compounding Pharmacy Competition by Players/Suppliers, Type and Application
2.1 Global Compounding Pharmacy Market Competition by Players/Suppliers
2.1.1 Global Compounding Pharmacy Sales and Market Share of Key Players/Suppliers (2012-2017)
2.1.2 Global Compounding Pharmacy Revenue and Share by Players/Suppliers (2012-2017)
2.2 Global Compounding Pharmacy (Volume and Value) by Type
2.2.1 Global Compounding Pharmacy Sales and Market Share by Type (2012-2017)
2.2.2 Global Compounding Pharmacy Revenue and Market Share by Type (2012-2017)
2.3 Global Compounding Pharmacy (Volume and Value) by Region
2.3.1 Global Compounding Pharmacy Sales and Market Share by Region (2012-2017)
2.3.2 Global Compounding Pharmacy Revenue and Market Share by Region (2012-2017)
2.4 Global Compounding Pharmacy (Volume) by Application
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10 Compounding Pharmacy Maufacturing Cost Analysis
10.1 Compounding Pharmacy Key Raw Materials Analysis
10.1.1 Key Raw Materials
10.1.2 Price Trend of Key Raw Materials
10.1.3 Key Suppliers of Raw Materials
10.1.4 Market Concentration Rate of Raw Materials
10.2 Proportion of Manufacturing Cost Structure
10.2.1 Raw Materials
10.2.2 Labor Cost
10.2.3 Manufacturing Process Analysis of Compounding Pharmacy
10.3 Manufacturing Process Analysis of Compounding Pharmacy
11 Industrial Chain, Sourcing Strategy and Downstream Buyers
11.1 Compounding Pharmacy Industrial Chain Analysis
11.2 Upstream Raw Materials Sourcing
11.3 Raw Materials Sources of Compounding Pharmacy Major Manufacturers in 2016
11.4 Downstream Buyers
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