Compounding Pharmacies Market - Innovative Therapeutic Areas to Boost Demand for Compounded Drugs
The prime driver for the compounding pharmacies market is medicinal drought. Currently, there's a shortage of over 300 drugs for various diseases in the U.S. When the need for critical drugs are not met through commercially available branded equivalents, compounded drugs are sought after. Furthermore, increasing demand for anti-ageing products that use custom compounded drugs is a prevalent trend across the globe. Innovative sub-therapeutic areas such as bio-identical hormone replacement therapy are also contributing to growing popularity of compounded drugs.
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