Compounding Chemotherapy Market, By Drug Type (Cytotoxic Drugs, Hormonal Agents, Immunomodulatory Agents, Targeted Therapies, Supportive Care Drugs), By Compounding Setting (Hospital Compounding, Compounding Pharmacies, Specialty Clinics, Homecare Settings), By Route of Administration (Intravenous (IV), Oral, Subcutaneous (SC), Intramuscular (IM), Intrathecal (IT)), By Patient Type (Adult Patients, Pediatric Patients, Geriatric Patients), By Cancer Type (Breast Cancer, Lung Cancer, Colorectal Cancer, Prostate Cancer, Leukemia, Lymphoma, Other specific cancer types), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Compounding Method (Aseptic Compounding, Non-aseptic Compounding), By Packaging Type (Vials, Ampoules, Pre-filled Syringes, Bottles), By Regulatory Compliance (USP Chapter <797> Compliance, FDA Regulations, EMA Regulations), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Chemotherapy is a pharmacological therapy that targets the body's rapidly proliferating cells with a variety of potent poisons. It is mostly used to treat cancer as cancer cells proliferate and multiply significantly more quickly than the majority of bodily cells. In order to address the problem of medication error caused by a variety of factors, such as poor management of the communication between the doctor and the pharmacist, critical storage practices in pharmacies, and misunderstandings when using similar labels, the automatic method of compounding chemotherapy was introduced.
Market Dynamics:
Increasing prevalence of illnesses like cancer, bone marrow conditions, and immune system problems will continue to fuel growth of the global compounding chemotherapy market over the forecast period. Increasing costs for prescription drugs and changing payment policies are again expected to augment global compounding chemotherapy market growth over the forecast period. Rising consumer health benefits from the products will create new opportunities for the global compounding chemotherapy market. Hospitals and the healthcare industry are becoming more aware of compounded chemotherapy treatments or medicines, which is also assisting in the market's expansion.
The high cost of compounding chemotherapeutic products is expected to hamper growth of the global compounding chemotherapy market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global compounding chemotherapy market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global compounding chemotherapy market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include B. Braun Melsungen AG, Fagron NV, PharMEDium Services, LLC (AmerisourceBergen Corporation), Baxter International Inc., Fresenius Kabi AG, Advanced Pharma, Inc., McGuff Compounding Pharmacy Services, Inc., Central Admixture Pharmacy Services, Inc. (CAPS), Institutional Pharmacy Solutions, LLC, Wedgewood Pharmacy, Medisca Inc., Dougherty's Holdings, Inc., PharMEDium Services, LLC (AmerisourceBergen Corporation), PharMEDium Services, LLC (AmerisourceBergen Corporation), BioScrip, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global compounding chemotherapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global compounding chemotherapy market
Detailed Segmentation:
Global Compounding Chemotherapy Market, By Drug Type:
Cytotoxic Drugs
Hormonal Agents
Immunomodulatory Agents
Targeted Therapies
Supportive Care Drugs
Global Compounding Chemotherapy Market, By Compounding Setting:
Hospital Compounding
Compounding Pharmacies
Specialty Clinics
Homecare Settings
Global Compounding Chemotherapy Market, By Route of Administration:
Intravenous (IV)
Oral
Subcutaneous (SC)
Intramuscular (IM)
Intrathecal (IT)
Global Compounding Chemotherapy Market, By Patient Type:
Adult Patients
Pediatric Patients
Geriatric Patients
Global Compounding Chemotherapy Market, By Cancer Type:
Breast Cancer
Lung Cancer
Colorectal Cancer
Prostate Cancer
Leukemia
Lymphoma
Other specific cancer types
Global Compounding Chemotherapy Market, By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Global Compounding Chemotherapy Market, By Compounding Method:
Aseptic Compounding
Non-aseptic Compounding
Global Compounding Chemotherapy Market, By Packaging Type:
Vials
Ampoules
Pre-filled Syringes
Bottles
Global Compounding Chemotherapy Market, By Regulatory Compliance:
USP Chapter <797> Compliance
FDA Regulations
EMA Regulations
Global Compounding Chemotherapy Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profile:
B. Braun Melsungen AG
Fagron NV
PharMEDium Services, LLC (AmerisourceBergen Corporation)
Baxter International Inc.
Fresenius Kabi AG
Advanced Pharma, Inc.
McGuff Compounding Pharmacy Services, Inc.
Central Admixture Pharmacy Services, Inc. (CAPS)
Institutional Pharmacy Solutions, LLC
Wedgewood Pharmacy
Medisca Inc.
Dougherty's Holdings, Inc.
PharMEDium Services, LLC (AmerisourceBergen Corporation)
PharMEDium Services, LLC (AmerisourceBergen Corporation)
BioScrip, Inc.