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Global Market Insights recently added a detailed market research study focused on the Global Compounding Pharmacies Market across the global, regional and country level. The report provides 360u00c2u00b0 analysis of Compounding Pharmacies Market from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Compounding Pharmacies market and estimates the future trend of Global Compounding Pharmacies industry on the basis of this detailed study.
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Compounding Pharmacies Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast to 2030 © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Market Scenario of Compounding Pharmacies Market • Global Market Insights recently introduced report on Global Compounding Pharmacies Market Report is an in-depth study providing complete analysis of the industry for the period 2022 to 2030. • It provides complete overview of Global Compounding Pharmacies industry considering all the major industry trends, market dynamics and competitive scenario. • The compounding pharmacies market is speculated to grow massively by 2030 owing to widespread adoption of customized medicine in developed regions. • In addition, expanding geriatric population, along with a shortage of drugs, is likely to further propel market growth through the forecast period. • The emergence of the COVID-19 pandemic provided the industry with new opportunities to prosper in recent years. Increasing demand for medications from hospital and compounding pharmacies to curb the spread of the coronavirus infection escalated the utilization of compounded drugs. Furthermore, government authorization to maintain the availability of these drugs aided market expansion. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • Moreover, key players in the market have been engaging in rigorous R&D and strategic acquisitions and collaborations to expand their customer base and improve their industry standing. • For instance, in March 2022, B. Braun, a German medical and pharmaceutical company, acquired IntermedtMedizin & Technik GmbH, an expert in the preparation of dialysis concentrates. • The acquisition was intended to aid the company in expanding its business in the field of dialysis concentrates. • The compounding pharmacies market has been bifurcated in terms of product, therapeutic area, application, sterility, compounding type, distribution channel, and region. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
360° Industry Analysis • With respect to therapeutic area, the industry has been divided into nutritional supplements, hormone replacement, dermatology, pain management, specialty drugs, and others. The dermatology segment is expected to grow at approximately 6.4% CAGR over the analysis timeframe. • Growing skin-related concerns viz., skin aging and sunburns, coupled with soaring need for healthy skin, are major factors that are poised to drive the demand for compounding medicines for dermatological usage. • Additionally, the ability of compounded dermatological drugs to accommodate individual needs and overcome issues related to allergies and sensitivities caused by commercially available skin care medications is set to boost segmental progress. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Key Players are • Fagron • B. Braun • Nephron Pharmaceuticals Corporation • Fresenius Kabi • Athenex Pharma Solutions (Athenex Inc.) • Dougherty's Pharmacy Inc. • Clinigen Group PLC • Pencol Compounding Pharmacy • Lorraine's Pharmacy • McGuff Company Inc. (McGuff Compounding Pharmacy Services) • Institutional Pharmacy Solutions • Rx3 Compounding Pharmacy • Wedgewood Village Pharmacy Inc. • and Triangle Compounding Pharmacies • Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/compounding-pharmacies-market © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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