UK Compounding Pharmacies Market size to amass significant gains by 2024

The market study on United Kingdom Compounding Pharmacies Market provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries.

According to this report, the United Kingdom compounding pharmacies industry was valued at USD 326.6 million in 2017 and is further projected to record a valuation of USD 455 million by 2024 while depicting a growth rate of 5% over 2024. In line with this, the study also constitutes of crucial information on the current market scenario, developing technologies, widespread competitive landscape, strategies undertaken by market rivals, prospects, and vivid market segmentations.

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Moreover, details regarding growth rendering factors and ongoing technological trends that are expected to drive the overall United Kingdom compounding pharmacies industry have also been accurately drafted in the research report. The United Kingdom compounding pharmacies market has been potentially fragmented based on product, therapeutic area, application, regions, and competitive landscape, whose in-depth study has also been covered in the report.

Hormone replacement segment accounted for more than 29% revenue share in 2017 and  will witness substantial growth during the forthcoming years. Segment growth can be attributed to increasing adoption of personalized hormone replacement therapy to suit different individuals and hormone levels. Availability of compounded hormones in different dosage forms and strengths, including capsules, vaginal or topical creams, foams, and gels, suppositories and sublingual troches or drops will foster the segment growth.

As per the given document, compounding pharmacies market in United Kingdom has vividly been diversified into regions. The report also includes substantial information on various factors that contribute to the overall market growth, trending growth opportunities, current and predicted CAGRs, technologies being used, robust presence of top-notch companies, regulatory reforms, and individual market share.

Growing disease burden coupled with increasing shortage of drugs such as cancer medicines and emergency drugs will augment the UK compounding pharmacies market growth over the forecast timeframe. Drug shortages leading to medication errors and increased chances of occurrence of adverse events resulting in inadequate patient care, patient complaints and high institutional costs will increase dependence on compounding pharmacies. Ability of compounding pharmacies to fill a critical gap by replicating drugs that are commercially produced but not available will upsurge compounding pharmacies industry growth over the analysis period.

The United Kingdom compounding pharmacies market is highly consolidated and claims the presence of prominent companies such as Baxter International, PharMEDium, B. Braun Melsungen, Clinigen, ICU Medical, Fresenius Kabi, McKesson Corporation, Specialist Pharmacy, Nova Laboratories and Fagron. Additionally, the document drafted puts forth details on the sales spectrum of each of these firms, their market tactics to maintain strong foothold in the overall market, individual company profiles and market share, and their stance in the global ecosystem.

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[TOC Chapters]

Chapter 2.Executive Summary

  1. UK compounding pharmacies industry 3600 synopsis, 2013 – 2024
    1. Country trends
    2. Product trends
    3. Therapeutic area trends
    4. Application trends

 

Chapter 4.UK Compounding Pharmacies Market, By Product

  1. Key trends in UK compounding pharmacies market, by product
  2. Market estimates and forecast, by product, 2013-2024 (USD Million)
    1. Oral
      1. Market estimates and forecast, 2013-2024 (USD Million)
      2. Solid preparation
        1. Market estimates and forecast, 2013-2024 (USD Million)
      3. Liquid preparation
        1. Market estimates and forecast, 2013-2024 (USD Million)
    2. Topical preparation
      1. Market estimates and forecast, 2013-2024 (USD Million)
    3. Rectal product
      1. Market estimates and forecast, 2013-2024 (USD Million)
    4. Ophthalmic product
      1. Market estimates and forecast, 2013-2024 (USD Million)

Chapter 5.UK Compounding Pharmacies Market, By Therapeutic Area

  1. Key trends in UK compounding pharmacies market, by therapeutic area
  2. Market estimates and forecast, by therapeutic area, 2013-2024 (USD Million)

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