Oral Medications segment dominated the Compounding Pharmacies Market

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Compounding Pharmacies Market forecast to hit
12bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Compounding Pharmacies Market

• Compounding Pharmacies Market will hold a
  valuation of more than USD 12 billion by 2024,
  with an estimated CAGR of 5 over 2017-2024.
• In an era of consequential transformation in the
  healthcare delivery, compounding pharmacies
  market is charting a profitable growth curve.
• Although a major chunk of pharmacists are
  involved in drug manufacturing, yet with the
  advancement of technology compounding has become
  an integral of pharmacy practice.
• The expanding geriatric population base along
  with increasing customized medication
  requirements subject to alternative doses,
  flavor, formulations are stimulating the market
  dynamics.
• The remarkable expansion of compounding
  pharmacies market is quite evident from its
  diversified product landscape which includes
  oral, rectal, inhaler, ophthalmic, topical, and
  parenteral.

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Continued...

• Growing individual preference toward consuming
  medicines in the form of tablets, capsules have
  significantly propelled the market demand from
  this domain.
• Sedentary lifestyles along with heavy consumption
  of fat-rich foods have led to a rise of these
  cardiac diseases, which in a way is stimulating
  the necessity of compounded medications.
• Pertaining to the increasing natality rates along
  with incapability of the commercial medicines to
  meet up with the customized pediatric formulation
  requirements, pediatric application will also
  register considerable revenue for compounding
  pharmacies market by 2024.
• Compounding pharmacies market is characterized by
  some of the restraints such as lack of skilled
  lab personnel, excessive cost of the process, and
  issues related to its safety standards.
• Some of the companies engaged in compounding
  pharmacies market include B. Braun Medical,
  PharMEDium, Fresenius Kabi, Village Compounding
  Pharmacy, and Cantrell Drug Company.

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U.S. Compounding Pharmacies Market size, By
Product, 2013-2024 (USD Billion)
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Table of Content
Chapter 1 Methodology 1.1
Methodology 1.1.1 Initial data
exploration 1.1.2 Statistical model and
forecast 1.1.3 Industry insights and
validation 1.1.4 Market definitions and
forecast parameters 1.2 Data Sources 1.2.1
Secondary 1.2.2 Primary Chapter 2
Executive Summary 2.1 Compounding
pharmacies industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends 2.1.2
Product trends 2.1.3 Application trends
2.1.4 Therapeutic area trends
2.1.5 Regional trends
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Table of Content
Chapter 3 Compounding Pharmacies Industry
Insights 3.1 Industry segmentation
3.2 Industry size and forecast, 2013
2024 3.3 Industry ecosystem analysis
3.3.1 Vendor matrix 3.3.2 Distribution
channel analysis 3.4 Industry impact
forces 3.4.1 Growth drivers 3.4.1.1
Increasing geriatric population and improved
longevity 3.4.1.2 Growing acceptance
of personalized medicines in U.S. and Europe
3.4.1.3 Increasing drug shortage,
worldwide 3.4.1.4 Convenience of using
compounded drugs 3.4.1.5 Growing drug
failure rate 3.4.2 Industry pitfalls
and challenges 3.4.2.1 Lack of
skilled lab technicians and pharmacists in
developed economies 3.4.2.2High cost of
equipment and maintenance of sterile environment
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Table of Content
3.4.2.3 Changing regulatory specifications
3.4.2.4 Consumer perception towards
compounded drugs 3.5 Growth potential analysis
3.6 Regulatory landscape 3.6.1 U.S.
3.6.2 Europe 3.6.3 Australia
3.7 Reimbursement landscape 3.7.1 U.S.
3.7.2 Europe 3.7.3 Australia
3.8 Cost analysis of compounded medications
3.9 Innovative compounding technologies
3.9.1 Web-based quality management system
3.9.2 Digital tools 3.10 Porters
Analysis 3.11Competitive Landscape, 2016
3.11.1 Business overview 3.11.2
Strategic Dashboard 3.12 PESTEL
Analysis
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