U.S. Compounding Pharmacy For Pediatric Hypertension Market
U.S. Compounding Pharmacy For Pediatric Hypertension Market Size By Type (Pediatric Pulmonary Arterial Hypertension (Pah), Associated Pediatric Hypertension), By Drug Type (Amlodipine, Sildenafil, Tadalafil), And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
U.S. Compounding Pharmacy For Pediatric Hypertension Market Size And Forecast
U.S. Compounding Pharmacy For Pediatric Hypertension Market size was valued at USD 93.61 Thousand in 2022 and is projected to reach USD 123.97 Thousand by 2030, at a CAGR of 3.43% from 2023 to 2030.
In Pediatric medicine, compounding plays a key role by offering alternative methods for specific patient needs. When a commercially available drug is unable to meet the needs of Pediatric patients, the solution would be to use compounded products. The U.S. Compounding Pharmacy For Pediatric Hypertension Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
U.S Compounding Pharmacy For Pediatric Hypertension Market Definition
Sometimes, a patient needs a little something special. For example, if they're allergic to a dye in a standard medication, or if they're a child or elderly person who has trouble swallowing pills, a pharmacist can create a compounded drug just for them. And even when an FDA-approved drug exists, doctors might choose a compounded option if it's a better fit for the patient's needs. Think about kidsPediatric compounding is all about getting them the right medicine in a way they can actually take it. Instead of a pill, it could be a solution, a suspension, or even a syrup! And the options don't stop there. We're talking frozen pops, gummy bears, lotions, and lollipops – all with the right dose of medicine. Plus, many of these oral medications can be flavored to make them more appealing to kids. But it's not all good news. The FDA has warned that some compounders make misleading claims about how well their drugs work, or how safe they are, even for serious illnesses. They might even try to make their compounded drugs seem as good as FDA-approved ones, which just isn't the case.
U.S Compounding Pharmacy For Pediatric Hypertension Market Overview
Running a compounding pharmacy? Then understanding what your patients really need should be your main focus. Think about itwhat SEs are patients experiencing, or what questions do they have about their meds? And when developing something new, where do you even begin? Finding your compounding niche lets you offer patients something most pharmacies can'ta pharmacist using their extensive drug knowledge to create a truly unique treatment plan with the patient and their doctor. Often, compounding pharmacists can help with those tricky, resistant diseases that traditional medicine just can't crack. Just think, even a typical pharmacy seeing 100 patients daily probably has about 5 who could benefit from compounded medications. At around $50 per script, that's a potential $77,500 boost to your yearly gross profit! Compounding allows you to increase revenue, while giving both your patients and their doctors targeted solutions for their healthcare needs.
Keeping your blood pressure in check is super important for avoiding heart attacks and strokes – it's one of the best things you can do! But, let's be honest, getting that blood pressure down in those who are already at higher risk can be a real challenge, especially when trying to maintain 24-hour control. We often need to ramp up the dose of blood pressure meds or combine different ones to get things under control, and usually, the combination approach works best. For many kids with essential hypertension, we're talking about needing two or more meds that work in different ways. This approach should give us the best blood pressure control while keeping side effects to a minimum. Now, think about AT1 receptor blockers (ARBs). They work by blocking angiotensin II from binding to the AT1 receptor and are used a lot for treating high blood pressure. The great thing is, they don't just lower blood pressure; they also seem to protect your heart, brain, and kidneys, all because they inhibit renin-angiotensin activation at the tissue level, plus they have some autocrine/paracrine effects. And, on top of protecting your organs directly, some ARBs even help improve issues with glucose and lipid metabolism, which can lead to atherosclerotic effects.
In kids' medicine, compounding is super important because it lets us create medicine in different ways to help patients. Sometimes, the drugs you buy at the store just don't work for kids, so we use compounded products instead. These special meds can make it easier for kids to take their medicine. Figuring out the right dose is often tricky with kids. Drug companies might only make pills, but some kids can't swallow pills. For instance, if a child can't swallow an ACE inhibitor tablet, it's tough to use it to treat high blood pressure. This can make it harder for the child to get better. Changing the medicine into a liquid, lozenge, or suppository might be a better way to treat them. Other times, we might use compounding because of food allergies, special diets, or developmental issues. Stacking is really important for giving kids with high blood pressure more options. If we've tried everything else, compounding the drug into a different form can be a great way to meet the child's needs.
U.S Compounding Pharmacy For Pediatric Hypertension MarketSegmentation Analysis
The U.S Compounding Pharmacy For Pediatric Hypertension Market is segmented on the basis of Type and Drug Type.
U.S. Compounding Pharmacy For Pediatric Hypertension Market, By Type
Turns out, Pediatric Pulmonary Arterial Hypertension(based on type), was the big winner in 2021, holding the biggest piece of the market! And we're expecting it to keep growing at a steady pace of around 3.61% each year. Now, when we talk about primary pulmonary hypertension in kids, it's pretty much the same deal as in adults. Doctors define it as a mean pulmonary artery pressure of =25 mmHg when resting, or =30 mmHg when exercising, along with a normal pulmonary wedge pressure and no other related health issues. Including exercise in the definition is key because kids with this condition often have a more extreme reaction in their pulmonary vessels when they exercise, even if they're just breathing a little less deeply, compared to grown-ups. You know, it's not unusual for kids who faint a lot during exercise or at night to have a resting mean pulmonary artery pressure of just around 25 mmHg, but then it shoots way up with even a little drop in oxygen levels while they're sleeping or playing.
U.S Compounding Pharmacy For Pediatric Hypertension Market, By Drug Type
• Amlodipine• Sildenafil• Tadalafil
In 2021, Tadalafil led the market in terms of drug type and is expected to keep growing, with a projected CAGR of 3.59%. This drug is a strong and selective phosphodiesterase 5 inhibitor, and a 40 mg daily oral dose is approved to help adults with PAH improve their exercise capacity. A study (PHIRST-1, or H6D-MC-LVGY [LVGY]) showed that Tadalafil not only improved how patients felt and their quality of life, but also delayed how quickly their condition worsened. Being a long-acting PDE5 inhibitor, it's proven to help adult patients with PAH or IPAH by reducing clinical decline and boosting their ability to exercise and their overall health. Because it works well and there are warnings about sildenafil, Tadalafil is being used more often in children. Even though it's not FDA-approved for kids, a look back at past data suggests that starting with 1 mg/kg/day is generally safe, shows improvement, and doesn't cause too many bad side effects. You can get Tadalafil as a tablet, which can be made into a liquid suspension when needed. Just a heads upit's not safe for newborns and infants due to their underdeveloped systems. Side effects are similar to sildenafil, but since Tadalafil doesn't mess with PDE6 much, it causes fewer vision problems.
Key Players
The “U.S Compounding Pharmacy For Pediatric Hypertension Market” study report will provide valuable insight with an emphasis on the U.S. market. The major players in the market are Janssen Global Services LLC, B. Braun SE, Fresenius Kabi USA, Makers Compounding Pharmacy, PenCol Specialty Pharmacy, Institutional Pharmacy Solutions LLC, McGuff Compounding Pharmacy, Fagron, Triangle Compounding Pharmacies, and Azurity Pharmaceuticals, Inc.The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Key Developments
• In August 2022, The Janssen Pharmaceutical Companies of Johnson & Johnson announced that the U.S. Food and Drug Administration (FDA) has approved IMBRUVICA (ibrutinib) for the treatment of pediatric patients with chronic graft-versus-host disease (cGVHD).
• In August 2022, GS1 Data Matrix barcodes will be added over the course of three years to Fresenius Kabi’s pharmaceutical portfolio of vials, syringes, IV solutions, and parenteral nutrition products at the point of use.
• In July2022, Cancer Therapeutic Thiotepa for Injection has been made available in the United States, according to a statement from Fresenius Kabi.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Thousand)
KEY COMPANIES PROFILED
Janssen Global Services LLC, B. Braun SE, Fresenius Kabi USA, Makers Compounding Pharmacy, PenCol Specialty Pharmacy, Institutional Pharmacy Solutions LLC, McGuff Compounding Pharmacy, & Others
SEGMENTS COVERED
Type and Drug Type.
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