Compounding Pharmacy Market is expected to reach 12800 million US$ by 2025 – QY Research

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This report studies the global Compounding Pharmacy market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Compounding Pharmacy market by companies, region, type and end-use industry.

The traditional 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. For example:

A young child may need a small, liquid dose of a drug made only in adult-dosage tablets.

A person may be allergic to one of the ingredients in the commercial version of a drug.

A compounding pharmacy would make the proper dosage and form of the drug without any offending ingredients.

Compounded medications are made based on a practitioner’s prescription in which individual ingredients are mixed together in the exact strength and dosage form required by the patient. This method allows the compounding pharmacist to work with the patient and the prescriber to customize a medication to meet the patient’s specific needs.

The classification of Compounding Pharmacy includes pharmaceutical ingredient alteration (PIA), pharmaceutical application alteration (PAA), currently unavailable pharmaceutical manufacturing (CUPM), pharmaceutical dosage alteration (PDA) and specialized animal pharmaceutical manufacturing (SAPM), the proportion of Pharmaceutical ingredient alteration (PIA) in 2017 is about 34%.

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Compounding Pharmacy is widely used for consumers aged 18 and younger, consumers aged 19 to 44, consumers aged 45 to 64, consumers aged 65 and older. The most proportion of compounding pharmacy is consumers aged 45 to 64, and the proportion in 2017 is 40.7%.

North America is the largest market for compounding pharmacy, with a market share nearly 57% in 2017. Following North America, Europe is the second largest market with the consumption market share of 25%.

Market competition is not intense Fagron, Wedgewood Pharma, CAPS, Fresenius Kabi, Advanced Pharma, PharMEDium Services are the leaders of the industry, with high-end customers in the industry.

In 2017, the global Compounding Pharmacy market size was 10300 million US$ and it is expected to reach 12800 million US$ by the end of 2025, with a CAGR of 2.8% during 2018-2025.

This report focuses on the global top players, covered

    Fagron

    Wedgewood Pharmacy

    CAPS

    Fresenius Kabi

    Advanced Pharma

    PharMEDium Services

    Cantrell Drug

    Dougherty’s Pharmacy

    Institutional Pharmacy Solutions

    Lorraine’s Pharmacy

    Triangle Compounding Pharmacy

    Village Compounding Pharmacy

    Olympia Pharmacy

Market segment by Regions/Countries, this report covers

    United States

    Europe

    China

    Japan

    Southeast Asia

    India

Market segment by Type, the product can be split into

    Pharmaceutical Ingredient Alteration (PIA)

    Pharmaceutical Application Alteration (PAA)

    Currently Unavailable Pharmaceutical Manufacturing (CUPM)

    Pharmaceutical Dosage Alteration (PDA)

    Specialized Animal Pharmaceutical Manufacturing (SAPM)

Market segment by Application, split into

    18 and Younger

    19 to 44

    45 to 64

    65 and Older

The study objectives of this report are:

    To study and forecast the market size of Compounding Pharmacy in global market.

    To analyze the global key players, SWOT analysis, value and global market share for top players.

    To define, describe and forecast the market by type, end use and region.

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