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U.S. Compounding Pharmacies Market Share
- Report ID: GMI2961
- Published Date: Jun 2022
- Report Format: PDF
U.S. Compounding Pharmacies Market Share
Some of the key market players operating in the U.S. compounding pharmacies industry include:
- Athenex Pharma Solutions (Athenex Inc.)
- B Braun Melsungen AG
- Clinigen Group PLC
- Dougherty’s Pharmacy Inc
- Fagron
- Fresenius Kabi
- ImprimisRx (Harrow Health, Inc.)
- Institutional Pharmacy Solutions
- ITC Compounding Pharmacy
- Lorraine’s Pharmacy
- McGuff Company Inc (McGuff Compounding Pharmacy Services)
- Nephron Pharmaceuticals Corporation
- Pencol Compounding Pharmacy
- QuVa Pharma
- Rx3 Compounding Pharmacy
- Triangle Compounding Pharmacies
- Wedgewood Village Pharmacy
among others. These market participants devise various strategies coupled with continuous innovations and product improvements to maintain competitive edge in the market.
Frequently Asked Questions (FAQ) :
The compounding pharmacies industry size in the U.S. had crossed USD 5.2 billion in 2021 and is poised to record a 5.9% CAGR through 2030 due to the surging awareness and adoption of compounded medication in the region.
The revenue of the U.S. non-sterile compounding pharmacies exceeded USD 3.5 billion in 2021 and will expand with the thriving need for modifying the route of administration based on patient convenience.
The 503B pharmacy type held close to 56.5% of the compounding pharmacies market share in the U.S. in 2021 and will grow owing to their ability to manufacture large batches of drugs for selling to healthcare facilities for office use.
The adult application segment accounted for close to 45.7% of the U.S. compounding pharmacies industry share in 2021 due to the rising prevalence of chronic diseases owing to sedentary lifestyles and food habits.
U.S. Compounding Pharmacies Market Scope
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