Compounding Pharmacy Market Research Report and Forecast up to 2025 Compounding Pharmacy Market Growth, Trends, and Fo | Page 2
replacement therapies. Hormone replacement therapy is anticipated to be the
growing application in the forecast period, owing to their growing application in the
treatment of various diseases such as cancer, and also in maintaining the hormonal
levels in menopause. On the basis of distribution channel, compounding pharmacy
stores which are approved by state regulatory bodies are anticipated to record
robust growth in the forecast period.
Geographically, the market can be segmented into five regions, including North
America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North
America was the leading region in the compounding pharmacy market. It is
anticipated to be the highest revenue contributor in the forecast period. The growth
can be attributed to the shortage of drugs reported by the FDA in the U.S. Europe in
anticipated to be trailing next region in terms of revenue contribution to the market.
Asia Pacific is anticipated to record highest CAGR growth in the forecast period. This
growth can be attributed to the growing pharmaceutical awareness among people,
increasing geriatric population, and expansion of infrastructural facilities, among
others. The growth in Asia Pacific is expected to be driven by India, and China
among other countries.
The leading players in the compounding pharmacy market include Fagron,
Compounding Pharmacies, Institutional Pharmacy Solutions, B. Braun Melsungen AG
Company, Cantrell Drug Company, PharMEDium Services LLC, Triangle Lorraine’s
Pharmacy, and Fresenius Kabi AG., among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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