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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.
Compounded medications are made based on a practitioner’s prescription in which individual ingredients are mixed together in the exact strength and dosage form required by the patient. This method allows the compounding pharmacist to work with the patient and the prescriber to customize a medication to meet the patient’s specific needs.
Scope of the Report:
The classification of Compounding Pharmacy includes pharmaceutical ingredient alteration (PIA), pharmaceutical application alteration (PAA), currently unavailable pharmaceutical manufacturing (CUPM), pharmaceutical dosage alteration (PDA) and specialized animal pharmaceutical manufacturing (SAPM), the proportion of Pharmaceutical ingredient alteration (PIA) in 2017 is about 34%.
Compounding Pharmacy is widely used for consumers aged 18 and younger, consumers aged 19 to 44, consumers aged 45 to 64, consumers aged 65 and older. The most proportion of compounding pharmacy is consumers aged 45 to 64, and the proportion in 2017 is 40.7%.
North America is the largest market for compounding pharmacy, with a market share nearly 57% in 2017. Following North America, Europe is the second largest market with the consumption market share of 25%.
Market competition is not intense Fagron, Wedgewood Pharma, CAPS, Fresenius Kabi, Advanced Pharma, PharMEDium Services are the leaders of the industry, with high-end customers in the industry.
The global Compounding Pharmacy market is valued at 10300 million USD in 2018 and is expected to reach 12200 million USD by the end of 2024, growing at a CAGR of 2.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Compounding Pharmacy.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Compounding Pharmacy market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Compounding Pharmacy market by product type and applications/end industries.
Market Segment by Companies, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Pharmaceutical Ingredient Alteration (PIA)
Pharmaceutical Application Alteration (PAA)
Currently Unavailable Pharmaceutical Manufacturing (CUPM)
Pharmaceutical Dosage Alteration (PDA)
Specialized Animal Pharmaceutical Manufacturing (SAPM)
Market Segment by Applications, can be divided into
18 and Younger
19 to 44
45 to 64
65 and Older
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Compounding Pharmacy Market Overview
1.1 Product Overview and Scope of Compounding Pharmacy
1.2 Classification of Compounding Pharmacy by Types
1.2.1 Global Compounding Pharmacy Revenue Comparison by Types (2019-2024)
1.2.2 Global Compounding Pharmacy Revenue Market Share by Types in 2018
1.2.3 Pharmaceutical Ingredient Alteration (PIA)
1.2.4 Pharmaceutical Application Alteration (PAA)
1.2.5 Currently Unavailable Pharmaceutical Manufacturing (CUPM)
1.2.6 Pharmaceutical Dosage Alteration (PDA)
1.2.7 Specialized Animal Pharmaceutical Manufacturing (SAPM)
1.3 Global Compounding Pharmacy Market by Application
1.3.1 Global Compounding Pharmacy Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 18 and Younger
1.3.3 19 to 44
1.3.4 45 to 64
1.3.5 65 and Older
1.4 Global Compounding Pharmacy Market by Regions
1.4.1 Global Compounding Pharmacy Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Compounding Pharmacy Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Compounding Pharmacy Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Compounding Pharmacy Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Compounding Pharmacy Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Compounding Pharmacy Status and Prospect (2014-2024)
1.5 Global Market Size of Compounding Pharmacy (2014-2024)
2 Manufacturers Profiles
2.1 Fagron
2.1.1 Business Overview
2.1.2 Compounding Pharmacy Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Fagron Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.2 Wedgewood Pharmacy
2.2.1 Business Overview
2.2.2 Compounding Pharmacy Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Wedgewood Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.3 CAPS
2.3.1 Business Overview
2.3.2 Compounding Pharmacy Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 CAPS Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.4 Fresenius Kabi
2.4.1 Business Overview
2.4.2 Compounding Pharmacy Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Fresenius Kabi Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.5 Advanced Pharma
2.5.1 Business Overview
2.5.2 Compounding Pharmacy Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Advanced Pharma Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.6 PharMEDium Services
2.6.1 Business Overview
2.6.2 Compounding Pharmacy Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 PharMEDium Services Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.7 Cantrell Drug
2.7.1 Business Overview
2.7.2 Compounding Pharmacy Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Cantrell Drug Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.8 Dougherty’s Pharmacy
2.8.1 Business Overview
2.8.2 Compounding Pharmacy Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Dougherty’s Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.9 Institutional Pharmacy Solutions
2.9.1 Business Overview
2.9.2 Compounding Pharmacy Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Institutional Pharmacy Solutions Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.10 Lorraine's Pharmacy
2.10.1 Business Overview
2.10.2 Compounding Pharmacy Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Lorraine's Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.11 Triangle Compounding Pharmacy
2.11.1 Business Overview
2.11.2 Compounding Pharmacy Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Triangle Compounding Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.12 Village Compounding Pharmacy
2.12.1 Business Overview
2.12.2 Compounding Pharmacy Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Village Compounding Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
2.13 Olympia Pharmacy
2.13.1 Business Overview
2.13.2 Compounding Pharmacy Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Olympia Pharmacy Compounding Pharmacy Revenue, Gross Margin and Market Share (2017-2018)
3 Global Compounding Pharmacy Market Competition, by Players
3.1 Global Compounding Pharmacy Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Compounding Pharmacy Players Market Share
3.2.2 Top 10 Compounding Pharmacy Players Market Share
3.3 Market Competition Trend
4 Global Compounding Pharmacy Market Size by Regions
4.1 Global Compounding Pharmacy Revenue and Market Share by Regions
4.2 North America Compounding Pharmacy Revenue and Growth Rate (2014-2019)
4.3 Europe Compounding Pharmacy Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Compounding Pharmacy Revenue and Growth Rate (2014-2019)
4.5 South America Compounding Pharmacy Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Compounding Pharmacy Revenue and Growth Rate (2014-2019)
5 North America Compounding Pharmacy Revenue by Countries
5.1 North America Compounding Pharmacy Revenue by Countries (2014-2019)
5.2 USA Compounding Pharmacy Revenue and Growth Rate (2014-2019)
5.3 Canada Compounding Pharmacy Revenue and Growth Rate (2014-2019)
5.4 Mexico Compounding Pharmacy Revenue and Growth Rate (2014-2019)
6 Europe Compounding Pharmacy Revenue by Countries
6.1 Europe Compounding Pharmacy Revenue by Countries (2014-2019)
6.2 Germany Compounding Pharmacy Revenue and Growth Rate (2014-2019)
6.3 UK Compounding Pharmacy Revenue and Growth Rate (2014-2019)
6.4 France Compounding Pharmacy Revenue and Growth Rate (2014-2019)
6.5 Russia Compounding Pharmacy Revenue and Growth Rate (2014-2019)
6.6 Italy Compounding Pharmacy Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Compounding Pharmacy Revenue by Countries
7.1 Asia-Pacific Compounding Pharmacy Revenue by Countries (2014-2019)
7.2 China Compounding Pharmacy Revenue and Growth Rate (2014-2019)
7.3 Japan Compounding Pharmacy Revenue and Growth Rate (2014-2019)
7.4 Korea Compounding Pharmacy Revenue and Growth Rate (2014-2019)
7.5 India Compounding Pharmacy Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Compounding Pharmacy Revenue and Growth Rate (2014-2019)
8 South America Compounding Pharmacy Revenue by Countries
8.1 South America Compounding Pharmacy Revenue by Countries (2014-2019)
8.2 Brazil Compounding Pharmacy Revenue and Growth Rate (2014-2019)
8.3 Argentina Compounding Pharmacy Revenue and Growth Rate (2014-2019)
8.4 Colombia Compounding Pharmacy Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Compounding Pharmacy by Countries
9.1 Middle East and Africa Compounding Pharmacy Revenue by Countries (2014-2019)
9.2 Saudi Arabia Compounding Pharmacy Revenue and Growth Rate (2014-2019)
9.3 UAE Compounding Pharmacy Revenue and Growth Rate (2014-2019)
9.4 Egypt Compounding Pharmacy Revenue and Growth Rate (2014-2019)
9.5 Nigeria Compounding Pharmacy Revenue and Growth Rate (2014-2019)
9.6 South Africa Compounding Pharmacy Revenue and Growth Rate (2014-2019)
10 Global Compounding Pharmacy Market Segment by Type
10.1 Global Compounding Pharmacy Revenue and Market Share by Type (2014-2019)
10.2 Global Compounding Pharmacy Market Forecast by Type (2019-2024)
10.3 Pharmaceutical Ingredient Alteration (PIA) Revenue Growth Rate (2014-2024)
10.4 Pharmaceutical Application Alteration (PAA) Revenue Growth Rate (2014-2024)
10.5 Currently Unavailable Pharmaceutical Manufacturing (CUPM) Revenue Growth Rate (2014-2024)
10.6 Pharmaceutical Dosage Alteration (PDA) Revenue Growth Rate (2014-2024)
10.7 Specialized Animal Pharmaceutical Manufacturing (SAPM) Revenue Growth Rate (2014-2024)
11 Global Compounding Pharmacy Market Segment by Application
11.1 Global Compounding Pharmacy Revenue Market Share by Application (2014-2019)
11.2 Compounding Pharmacy Market Forecast by Application (2019-2024)
11.3 18 and Younger Revenue Growth (2014-2019)
11.4 19 to 44 Revenue Growth (2014-2019)
11.5 45 to 64 Revenue Growth (2014-2019)
11.6 65 and Older Revenue Growth (2014-2019)
12 Global Compounding Pharmacy Market Size Forecast (2019-2024)
12.1 Global Compounding Pharmacy Market Size Forecast (2019-2024)
12.2 Global Compounding Pharmacy Market Forecast by Regions (2019-2024)
12.3 North America Compounding Pharmacy Revenue Market Forecast (2019-2024)
12.4 Europe Compounding Pharmacy Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Compounding Pharmacy Revenue Market Forecast (2019-2024)
12.6 South America Compounding Pharmacy Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Compounding Pharmacy Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Compounding Pharmacy Picture
Table Product Specifications of Compounding Pharmacy
Table Global Compounding Pharmacy and Revenue (Million USD) Market Split by Product
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