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(Medical-NewsWire.com, September 17, 2018 ) Global Compounding Pharmacy Market 2018 Forecast to 2023
Compounding is the science of combining and preparing personalized medicines for patients. These medications are prepared based on the practitioner’s prescription wherein, the individual ingredients are mixed together as per the suggested dosage form, and strength. The trained pharmacists are approved to personalize the medicine for the patient meeting their specific needs such as strengths, dosage forms, flavors, and exclusion of ingredients for which the patient is allergic or sensitive. However, compounded drugs are not FDA approved, indicating that FDA does not inspect the safety and the effectiveness of these drugs.
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
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Companies Profiled in this report includes: 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
The growing patent expiries is one of the primary growth driving factor in the compounding pharmacy market. People across regions are suffering from diseases that require specialized formulations. Hence, compounding pharmacy are working on introducing new formulations effective in treating various diseases. However, hiring specialized workforce consisting of pharmacist and lab technicians is one of the biggest challenges being faced by the compounding pharmacy.
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This report focuses on the Compounding Pharmacy in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
2.1 Fagron
2.1.1 Business Overview
2.1.2 Compounding Pharmacy Type and Applications
2.1.2.1 Type 1
2.1.2.2 Type 2
2.1.3 Fagron Compounding Pharmacy Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Wedgewood Pharmacy
2.2.1 Business Overview
2.2.2 Compounding Pharmacy Type and Applications
2.2.2.1 Type 1
2.2.2.2 Type 2
2.2.3 Wedgewood Pharmacy Compounding Pharmacy Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 CAPS
2.3.1 Business Overview
2.3.2 Compounding Pharmacy Type and Applications
2.3.2.1 Type 1
2.3.2.2 Type 2
2.3.3 CAPS Compounding Pharmacy Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Compounding Pharmacy Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Compounding Pharmacy Market Analysis by Regions
5 North America Compounding Pharmacy by Countries
6 Europe Compounding Pharmacy by Countries
7 Asia-Pacific Compounding Pharmacy by Countries
8 South America Compounding Pharmacy by Countries
9 Middle East and Africa Compounding Pharmacy by Countries
10 Global Compounding Pharmacy Market Segment by Type
11 Global Compounding Pharmacy Market Segment by Application
12 Compounding Pharmacy Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
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