Global Compounding Pharmacy Market (Pain Management, Hormone Replacement Therapy) Analysis and Segment Forecast : 2026
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Bharat Book Bureau Provides the Treding Market Research Report on "Global Compounding Pharmacy Market Size study, by Product Type, by Application, by Therapeutic Area and Regional Forecasts 2019-2026" under Life Sciences Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.
Global Compounding Pharmacy Market is valued approximately at USD 8056 million in 2018 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2019-2026. Since last few years, the development of compounding drugs has been increased in which the pharmacies have to deliver advanced compounding services to the patients. In pharmacology, compounding is the science of producing personalized medicines for patients. These drugs are prepared reliant on the physician's prescription wherein, the individual components are mixed simultaneously as per the recommended dosage form, and strength.
The competent pharmacists have a prominent role in the establishing the trust of patients on the healthcare system, reducing the risk of treatments and side effects, achieving better health outcomes, reducing treatment cost, safe access to the treatment and enhanced quality of life. Furthermore, the compounding pharmacy is more emphasized on patient- care instead of their traditional role of dispensing of medicines and improving the patient safety throughout the treatment management process.
The regional analysis of global Compounding Pharmacy Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the shortage of drugs reported by the FDA in the U.S. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period, due to growing pharmaceutical awareness among people, along with increasing geriatric population in the emerging economies such as China and India.
Major market player included in this report are:
Central Admixture Pharmacy Services
Fagron
Fresenius Kabi AG
PharMEDium Services, LLC
Institutional Pharmacy Solutions
Cantrell Drug Company
Triangle Compounding Pharmacies
Lorraine’s Pharmacy
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Oral Medication
Topical Medication
Mouthwashes
Suppositories
By Application:
Medication for Adults
Medication for Veterinary
Medication for Children
Medication for Geriatric
By Therapeutic Area:
Pain Management
Hormone Replacement Therapy
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Compounding Pharmacy Market in Market Study:
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