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The compounding pharmacy market size is forecast to increase by USD 1.64 billion at a CAGR of 2.09% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The increasing preference for personalized medicines, particularly in the form of capsules and suppositories, is driving demand. Healthcare providers, including doctors' offices and hospitals, are increasingly turning to compounded medications to meet the unique needs of their patients. Traditional pharmacies and community pharmacies are also recognizing the value of compounded medications and expanding their offerings. However, the market faces challenges, including concerns over the safety and quality of compounded drugs due to the lack of standardization and regulation. Ensuring the safe usage of compounded medications is essential to mitigate risks and maintain patient safety.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Therapeutic Area
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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