Compounding Pharmacies Market Research Report | Life Sciences | Healthcare Services | Nov 2012
Doctor's orders: Drug shortages and demand from the aging population will benefit stores
The Compounding Pharmacies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.
Market Share of Companies
Industry Statistics & Market Size
| Revenue
$2bn
| Annual Growth 07-12
5.5%
| Annual Growth 12-17 |
| Profit | Employment
4,132
| Businesses
159
|
Industry Analysis & Industry Trends
Doctor's orders
After experiencing strong revenue growth during the recession, the Compounding Pharmacies industry will benefit from improved conditions in the next five years. The number of individuals aged 65 and over will increase, supporting demand for medications from the industry. Furthermore, doctors and patients will likely turn to compounding pharmacies to prepare medications with alternate doses and strengths as drug shortages loom.... purchase to read more
Industry Report - Industry Investment Chapter
The Compounding Pharmacies industry has a medium level of capital intensity, with operators spending an average of $0.26 on capital for every dollar on labor. Capital expenditures are typically spent on laboratory equipment and devices necessary to manufacture pharmaceuticals. In addition, the costs of running a pharmaceutical laboratory are high because it must be a sterile environment. On the other hand, firms must spend a significant amount of revenue on wages because employees are highly skilled. They must be trained in the handling and manufacture of pharmaceuticals, and accredited pharmacists typically receive higher wages... purchase to read more
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