How Is The Sterile Compounding Pharmacies Market Expected To Grow Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s Sterile Compounding Pharmacies Global Market Report 2023, the sterile compounding pharmacies market is expected to show promising growth in the forecast period.
Five Key insights from the forecast include:
- Market Size – The global sterile compounding pharmacies market size is expected to grow from $4.68 billion in 2022 to $4.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.67%. The size of sterile compounding pharmacies market is expected to reach $6.28 billion in 2027 at a CAGR of 5.92%.
- Major Driver – Increasing demand for personalized medicine is expected to propel the growth of the sterile compounding pharmacies market going forward.
- Key Trend – The adoption of robotic automation is a key trend gaining popularity in the sterile compounding pharmacies market. Major companies operating in the sterile compounding pharmacies market are focused on robotic automation to strengthen their position in the market.
- Largest Region – North America was the dominant region in the sterile compounding pharmacies market in 2022.
- Major Players – Major players in the sterile compounding pharmacies market are B. Braun SE, PharMerica Corporation, Fagron Group BV, QuVa Pharma Inc., NewCo Pharma GmbH, Medisca, PharMEDium Healthcare Holdings Inc.
View More On The Sterile Compounding Pharmacies Market Report 2023 – https://www.thebusinessresearchcompany.com/report/sterile-compounding-pharmacies-global-market-report
Key Sterile Compounding Pharmacies Market Segments
The global sterile compounding pharmacies market is segmented –
1) By Product: Injectables, Nasal, Ocular, Otic
2) By Therapeutic Area: Hormone Replacement Therapy, Pain Management, Dermatology, Oncology, Hematology, Dental, Other Therapeutic Areas
3) By Route of Administrations: Intravenous, Intramuscular, Subcutaneous
4) By End-Users: Adults, Pediatrics, Geriatrics, Veterinary
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Sterile compounding pharmacies are specialized pharmacies that prepare customized medications in a sterile environment to offer tailored medication to individuals to their specific needs. This can be beneficial to people for several reasons such as patient intolerance to a particular commercial dose or an intolerance to a specific constituent. This compounding allows patients to get drugs with customized doses and formulations that eliminate non-essential and undesirable components.
The Sterile Compounding Pharmacies Global Market Report 2023 offers a comprehensive overview on the sterile compounding pharmacies market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the sterile compounding pharmacies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The Table Of Content For The Sterile Compounding Pharmacies Market Include:
1. Sterile Compounding Pharmacies Market Executive Summary
2. Sterile Compounding Pharmacies Market Segments
3. Sterile Compounding Pharmacies Market Size And Sterile Compounding Pharmacies Market Growth Rate
4. Key Sterile Compounding Pharmacies Market Trends
5. Major Sterile Compounding Pharmacies Market Drivers
……
25. Key Mergers And Acquisitions In The Sterile Compounding Pharmacies Market
26. Top Sterile Compounding Pharmacies Companies
27. Sterile Compounding Pharmacies Market Opportunities And Strategies
28. Sterile Compounding Pharmacies Market, Conclusions And Recommendations
29. Appendix
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