Global Compounding Pharmacies Market Overview:
According to Market Analyst, Global Compounding Pharmacies Market is projected to grow at a healthy growth rate from 2018 to 2022.
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With the slowdown in world economic growth, the Compounding Pharmacies industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Compounding Pharmacies market size to maintain the average annual growth rate of 5.47% from 7210 million $ in 2014 to 8460 million $ in 2017, Market analysts believe that in the next few years, Compounding Pharmacies market size will be further expanded, we expect that by 2022, The market size of the Compounding Pharmacies will reach 10900 million $.
Increasing geriatric population across the globe coupled with rising prevalence of cardiovascular disease, diabetes, hypertension and respiratory disorders will serve to be a high impact rendering factor for compounding pharmacies market. Compounded medicines are increasingly being used in geriatric population as they are often intolerant to the commercially available dosage form and need suitable alternatives.
The compounding pharmacy market can be segmented on the basis of product type, therapeutic area, distribution channel, and region. On the basis of product type, the compounding pharmacy market can be segmented into oral medications, topical medications, suppositories, and others. topical medications are anticipated to record significant growth in the forecast period, owing to the growing demand for dermatological applications and rising market for hormone replacement therapies. On the basis of therapeutic area, the market can be segmented into pain medications, hormone replacement therapies, dermatological applications, and others. Hormone replacement therapy is anticipated to be the growing application in the forecast period.
On the basis of distribution channel, the market can be segmented into compounding pharmacies, and traditional stores. compounding pharmacy stores which are approved by state regulatory bodies are anticipated to record robust growth in the forecast period.
Regionally, North America was the leading region in the compounding pharmacy market. It is anticipated to be the highest revenue contributor in the forecast period. Asia Pacific is anticipated to record highest CAGR growth in the forecast period. This growth can be attributed to the growing pharmaceutical awareness among people, increasing geriatric population, and expansion of infrastructural facilities, among others.
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The Market is segmented and projected on the basis of major key player’s:
1 Fagron
2 PharmaMEDium
3 B.Braun Medical
4 Institutional Pharmacy solutions
5 Triangle compounding Pharmacies
6 Cantrell Drug company
7 Fresenuis Kabi
8 Lorraine’s Pharmacy
9 Wedgewood Village Pharmacy
10 Doughtery’s Pharmacy
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size be in 2022?
2 What is driving this market??
3 What are the challenges to market growth?
4 Who are the key players in Compounding Pharmacies Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Compounding Pharmacies Product Definition
2 Global Compounding Pharmacies Market Manufacturer Share and Market Overview
3 Manufacturer Compounding Pharmacies Business Introduction
4 Global Compounding Pharmacies Market Segmentation (Region Level)
5 Global Compounding Pharmacies Market Segmentation (Product Type Level)
6 Global Compounding Pharmacies Market Segmentation (Industry Level)
7 Global Compounding Pharmacies Market Segmentation (Channel Level)
8 Compounding Pharmacies Market Forecast 2018-2022
9 Compounding Pharmacies Segmentation Product Type
10 Compounding Pharmacies Segmentation Industry
11 Compounding Pharmacies Cost of Production Analysis
12 Conclusion
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