Compounding Pharmacy Market Next Big Thing | Lorraine's Pharmacy, McGuff Sterile Compounding Pharmacy Services, Panaceutics Inc

Latest Study on Industrial Growth of Worldwide Compounding Pharmacy Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Worldwide Compounding Pharmacy market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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The Major Players Covered in Compounding Pharmacy Market Report: AmerisourceBergen (United States), Rx3 Pharmacy (United States) , Agbi’s Sterile Compounding Pharmacy LLC (U.K), B. Braun Medical Inc. (Germany), Cantrell Drug Company, Inc. (United States), Belle Sante Diagnostic & Therapeutic Institute Pvt. Ltd. (India), Village Sterile Compounding Pharmacy (United States), Imprimis Pharmaceuticals, Inc. (United States), Institutional Pharmacies Of Louisiana LLC (United States), Lorraine's Pharmacy (Canada), McGuff Sterile Compounding Pharmacy Services, Inc. (United States), Panaceutics Inc., Pencol Compounding Pharmacy (United States) ,

Scope of the Report of Compounding Pharmacy:

With the increase in the number of dispensed prescriptions, Rising geriatric population coupled with favorable demographic trends such as improved life expectancy are driving the global market of compounding pharmacy. People around the world suffering from diseases there is a need for specialized formulations like compounding pharmacy. Compounding pharmacy deals with the introduction of new formulations effective in treating various diseases. The compounding pharmacy is the process of mixing, combining, or alteration of the ingredients to produce personalized medication for individual patients to treat various diseases. It is customized dosage forms and/or prescription medications to meet an individual patient’s needs. They are supplying such drugs for patients who do not improve by consuming commercially available drugs.

In July 2023, Osceola Capital announced the latest expansions to the Revelation Pharma platform, marking the seventeenth and eighteenth additions. These acquisitions of Eagle Pharmacy in Hoover, Alabama, and Lee Silsby Compounding Pharmacy in Beachwood, Ohio, bring substantial scale and capabilities to the business. Eagle Pharmacy, as a 503B outsourcing compounding pharmacy, caters to healthcare facilities, medical offices, patients, and prescribers across 29 U.S. states & territories. Its inclusion in Revelation's portfolio will enhance medication availability for office use and introduce diversification and additional growth opportunities for the entire Revelation platform.

In March 2021, Osceola Capital, a private equity firm specializing in the lower middle-market, revealed the establishment of Revelation Pharma Corp. today. The new venture aims to explore opportunities for investments and partnerships within the pharmacy compounding market, in collaboration with industry veteran Jacob Beckel.

Market Trends:

Compounding pharmacy stores which are approved by state regulatory bodies are predictable to record vigorous growth in the forecast period.

Increase prevalence of hormonal imbalance

Opportunities:

Physiological changes in adult people

Rising adoption of compound medicines for chronic disease

Increasing demand of anti ageing product

Market Drivers:

Increasing number of patients visiting physicians for treatment of chronic illness resulting in rising consumption of prescribed drugs.

Increased number of patients who prefer oral route drug consumption leading to demand of oral compounded prescribed medications.

Increase in hormone replacement therapy and positive response from community.

Increase in healthcare and pharmaceutical expenditure by the community.

Challenges:

Hiring specialized laboratory technicians and pharmacists

Non-availability of Insurance

High cost equipment for compounding

What can be explored with the Compounding Pharmacy Market Study?

• Gain Market Understanding

• Identify Growth Opportunities

• Analyze and Measure the Global Compounding Pharmacy Market by Identifying Investment across various Industry Verticals

• Understand the Trends that will drive Future Changes in Compounding Pharmacy

• Understand the Competitive Scenarios

- Track Right Markets

- Identify the Right Verticals

The titled segments and sub-section of the Compounding Pharmacy market are illuminated below:

by Type (Oral (Capsules, Tablets, suspensions, lozenges, lollipops), Topical (Cream, gel, ointments, lotions), Mouthwashes, Suppositories, Injectables (Injections, infusions, concentrates, reconstitution, gels), Ophthalmic, By end users (Adult ,Pediatric, Geriatric,Veterinary)), Application (Pain management, Therapeutic interventions, Hormone replacement therapy), Therapeutic area (Pain Management, Dermatology, Hormone replacement, Specialty drugs, Nutritional Supplements, Others), Sterility (Sterile, Non Sterile), End user (Adult, Pediatric, Geriatric, Veterinary), Distribution channel (Hospital Pharmacy, Consulting pharmacy)

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Regional Analysis for Worldwide Compounding Pharmacy Market:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (Saudi Arabia, UAE, South Africa)

Table of Contents

Global Compounding Pharmacy Market Research Report

Chapter 1 Global Compounding Pharmacy Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Compounding Pharmacy Market Forecast

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