How Would The Animal Drug Compounding Market Move Between Forecast Years? - PowerPoint PPT Presentation

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How Would The Animal Drug Compounding Market Move Between Forecast Years?

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Global demand for animal drug compounding is expected to significantly increase, owing to the unavailability of FDA-approved animal drugs. Compounded prescriptions for animal species are considered to be significantly higher than those for branded prescription drugs. – PowerPoint PPT presentation

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Title: How Would The Animal Drug Compounding Market Move Between Forecast Years?


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How Would The Animal Drug Compounding Market
Move Between Forecast Years?
Report Id PMRREP12871 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market
  • The Animal Drug Compounding Market report by
    Persistence Market Research goes by the changing
    trend of consumerism all across the healthcare
    vertical. Going cashless is amongst the new
    normals. Inorganic growth has also picked up. Key
    participants of the healthcare value chain both
    private and public have joined hands for
    competing in the ever-demanding landscape.
  • Global demand for animal drug compounding is
    expected to significantly increase, owing to the
    unavailability of FDA-approved animal drugs.
    Compounded prescriptions for animal species are
    considered to be significantly higher than those
    for branded prescription drugs.
  • For instance, in 2017, the U.S. FDA estimated
    that, 75,000 pharmacies in the U.S.
    fill 6,350,000 animal compounding prescriptions.

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Market Segmentation
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