Sep 16, 2020 5:27 AM ET
iCrowd Newswire – Sep 16, 2020
The ‘ Compounding Pharmacy market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Compounding Pharmacy derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Compounding Pharmacy market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
|covid-19 scenario||Market Behavior/ Level of Risk and Opportunity||End Industry Behavior/ Opportunity Assessment||Expected Industry Recovery Timeline||Business Impact Horizon|
|Opening of Economy by Q3 2020||xx||xx||xx||xx|
|Recovery – Opening of Economy extended till Q4 2020 / Q1 2021||xx||xx||xx||xx|
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. Growing acceptance of personalized medicines, rising number of patients visiting physicians to address chronic illness, and increasing geriatric population worldwide are the few factors responsible for high CAGR of the market over the forecast period. As per the United Nation’s report: World Population Prospect-The 2017 Revision, the population of people aged over 60 years is projected to increase from nearly 962 million in 2017 (13% of world population) to around 1.3 billion by 2030, globally. This, in turn, is expected to accelerate the demand of Compounding Pharmacy around the world. However, high costs of equipment and maintenance of sterile environment, along with shortage of skilled physicians are some major factors expected to hamper the growth of global Compounding Pharmacy market over the forecast period.
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
Fresenius Kabi AG
PharMEDium Services, LLC
Institutional Pharmacy Solutions
Cantrell Drug Company
Triangle Compounding Pharmacies
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:
Medication for Adults
Medication for Veterinary
Medication for Children
Medication for Geriatric
By Therapeutic Area:
Hormone Replacement Therapy
Target Audience of the Global Compounding Pharmacy Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Compounding Pharmacy Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
- The heavy economic impacts of social distancing measures
- Future changes in consumer behavior
- The urgent need for high-frequency economic data
- Mapping Out a Potential Recovery
- Business Strategies During COVID-19
- Near & Long Term Risk Outlook, Risk Assessment and Opportunities
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is market chain analysis by upstream raw materials and downstream industry?
- What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
- What were capacity, production value, cost and profit?
- Who are the global key players in this industry? What are their company profile, their product information, and contact information?
- Which manufacturing technology is used, what are their company profile, their product information, and contact information?
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Key Points Covered in Compounding Pharmacy Market Report: COVID 19 Impact Analysis
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Compounding Pharmacy Market, by Product Type, 2017-2026 (USD Million)
1.2.2. Compounding Pharmacy Market, by Application, 2017-2026 (USD Million)
1.2.3. Compounding Pharmacy Market, by Therapeutic Area, 2017-2026 (USD Million)
1.2.4. Compounding Pharmacy Market, by Region, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Compounding Pharmacy Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Compounding Pharmacy Market Dynamics
3.1. Compounding Pharmacy Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Compounding Pharmacy Market Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Compounding Pharmacy Market, by Product Type
5.1. Market Snapshot
5.2. Global Compounding Pharmacy Market by Product Type, Performance – Potential Analysis
5.3. Global Compounding Pharmacy Market Estimates & Forecasts by Product Type 2016-2026 (USD Million)
5.4. Compounding Pharmacy Market, Sub Segment Analysis
5.4.1. Oral Medication
5.4.2. Topical Medication
Chapter 6. Global Compounding Pharmacy Market, by Application
6.1. Market Snapshot
6.2. Global Compounding Pharmacy Market by Application, Performance – Potential Analysis
6.3. Global Compounding Pharmacy Market Estimates & Forecasts by Application 2016-2026 (USD Million)
6.4. Compounding Pharmacy Market, Sub Segment Analysis
6.4.1. Medication for Adults
6.4.2. Medication for Veterinary
6.4.3. Medication for Children
6.4.4. Medication for Geriatric
Chapter 7. Global Compounding Pharmacy Market, by Therapeutic Area
7.1. Market Snapshot
7.2. Global Compounding Pharmacy Market by Therapeutic Area, Performance – Potential Analysis
7.3. Global Compounding Pharmacy Market Estimates & Forecasts by Therapeutic Area 2016-2026 (USD Million)
7.4. Compounding Pharmacy Market, Sub Segment Analysis
7.4.1. Pain Management
7.4.2. Hormone Replacement Therapy
Chapter 8. Global Compounding Pharmacy Market, Regional Analysis
8.1. Compounding Pharmacy Market, Regional Market Snapshot
8.2. North America Compounding Pharmacy Market
8.2.1. U.S. Compounding Pharmacy Market
220.127.116.11. Product Type breakdown estimates & forecasts, 2016-2026
18.104.22.168. Application breakdown estimates & forecasts, 2016-2026
22.214.171.124. Therapeutic Area breakdown estimates & forecasts, 2016-2026
8.2.2. Canada Compounding Pharmacy Market
8.3. Europe Compounding Pharmacy Market Snapshot
8.3.1. U.K. Compounding Pharmacy Market
8.3.2. Germany Compounding Pharmacy Market
8.3.3. Rest of Europe Compounding Pharmacy Market
8.4. Asia-Pacific Compounding Pharmacy Market Snapshot
8.4.1. China Compounding Pharmacy Market
8.4.2. India Compounding Pharmacy Market
8.4.3. Japan Compounding Pharmacy Market
8.4.4. Rest of Asia Pacific Compounding Pharmacy Market
8.5. Latin America Compounding Pharmacy Market Snapshot
8.5.1. Brazil Compounding Pharmacy Market
8.5.2. Mexico Compounding Pharmacy Market
8.6. Rest of The World Compounding Pharmacy Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Central Admixture Pharmacy Services
126.96.36.199. Key Information
188.8.131.52. Financial (Subject to Data Availability)
184.108.40.206. Product Summary
220.127.116.11. Recent Developments
9.2.3. Fresenius Kabi AG
9.2.4. PharMEDium Services, LLC
9.2.5. Institutional Pharmacy Solutions
9.2.6. Cantrell Drug Company
9.2.7. Triangle Compounding Pharmacies
9.2.8. Lorraine’s Pharmacy
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.3. Market Estimation
10.2. Research Attributes
10.3. Research Assumption
……..and view more in complete table of Contents
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