The pharmacy sector stands as a vital component of the global healthcare framework. Constant disease outbreak, expanding aging population and increasing life expectancy, among other factors, have led to a continued rise in global drug consumption, reinforcing the industry's growth trajectory. At the same time, rapid innovation — especially in...
Discover more insightsThe relevance of integrating patient-centricity in pharmaceutical business models is increasingly receiving attention. The traditional business models, which centered around drug development and marketing, are making way for ones focusing on the real needs of the patients. This shift signals the emergence of a holistic approach that puts the patient's...
Discover more insightsThe consumer health market in Bosnia-Herzegovina is evolving with a noticeable emphasis on wellness and prevention. This trend is evident in the burgeoning interest in dietary supplements and vitamins. Though still a relatively small market, it is evidenced by increasing consumer awareness around maintaining a healthy lifestyle, combined with a...
Discover more insightsThe pharmaceutical packaging sector is experiencing a notable rise in the vials market segment. Several elements are driving this surge, key among them, the increasing demand for chronic disease treatments and the growing pharmaceutical industry in emerging economies. As traditional medication packages become insufficient in meeting the needs of innovative...
Discover more insightsThe trends in the global paracetamol market are shaped by numerous factors. Demand for over-the-counter (OTC) pain relievers, like paracetamol, has grown due to rising health consciousness among consumers. This, in turn, has been further accelerated by events such as the ongoing COVID-19 pandemic. Highly competitive, the market also experiences...
Discover more insightsThe medical dispenser sector has been showing substantial growth in recent years, with an increasing demand for dispensing chemists due to various factors. The aging population combined with a rise in chronic illnesses have been significant influencers contributing to this trend. Moreover, advancements in technologies and more streamlined processes have...
Discover more insightsThe PBM sector has undergone significant changes, driven by rising drug costs and evolving health care regulations. Recent trends show a shift toward greater transparency, with PBMs increasingly expected to disclose pricing strategies and rebate amounts. Simultaneously, mergers and consolidations, aiming to control costs and create care continuum, are defining...
Discover more insightsMail order pharmacy, a branch of the pharmaceutical industry, primarily involved in delivering prescription medication directly to patients through the mail, has seen significant development over the last decade. This growing segment of the market represents a continuous shift in consumer behavior, propelled by technological advancements that have made transactions...
Discover more insightsThe fluid and gas management market has seen significant development over the recent years. Automation is currently a leading trend, propelled by increased efficiency demands and cost reductions. Companies are integrating digital technologies for monitoring, control, and optimization. This surge has augmented the demand for advanced dispensing systems.
Discover more insightsPharmaceutical businesses have experienced a major shift in their operational dynamics due to the advent of inventory management software solutions. Through services such as batch tracking, expiry date tracking, and automatic reordering, these cutting-edge systems effectively streamline inventory processes, minimizing waste and maximizing efficiency. They not only save time but...
Discover more insightsThe commercial landscape of healthcare diagnostics is continuously shifting, with specialized areas such as phenytoin testing carving out a significant niche. Phenytoin, employed mainly in the management of epilepsy, requires frequent blood monitoring due to its narrow therapeutic range and inter-individual variability in metabolism. As such, these tests are crucial...
Discover more insightsOver the years, the pharmaceutical wholesale industry has undergone significant evolution. The increasing complexity of the global pharmaceutical market, coupled with rising regulatory requirements, has transformed the dynamics of this industry. Earlier, wholesalers primarily served as a bridge between drug manufacturers and healthcare providers. However, they have now evolved into...
Discover more insightsIn recent times, the pandemic has significantly reshaped the landscape of many sectors, including the e-pharmacy market. Consumers, driven by lockdowns and fear of disease exposure, turned towards digital platforms for their healthcare needs. This has resulted in a surge in e-pharmacy sales, fueled by increased consumer awareness of online...
Discover more insightsDriven by an aging population, an increase in chronic diseases and technological advancements, the global pharmacy and drugstore market has shown significant growth. This sector is increasingly shaped by intensifying competition, regulatory complexities and shifting consumer preferences. It's also now imperative to explore novel services like tele-pharmacy and mail-order pharmacy...
Discover more insightsThe escalating demand for naphthalene can be attributed to its wide-ranging applications in various industries. It plays a pivotal role in the production of phthalic anhydride and naphthalene sulfonate that are primarily used in the construction and textile sectors. The swift urbanization and industrialization witnessed across developing economies are further...
Discover more insightsThe agricultural chemical market, particularly the segment dedicated to Atrazine, is experiencing a surge in demand. This herbicide's popularity arises from its broad-spectrum weed control, which increases crop yield. Furthermore, Atrazine's affordability compared to other herbicides provides farmers with a cost-effective solution to weed management. Additionally, rapid urbanization and increasing...
Discover more insightsThe development of drugs for animals presents a considerable market opportunity. This is largely due to increasing pet ownership and the associated demand for high-quality veterinary care. In addition, industrialized animal farming and its rising regulations concerning animal health and welfare play a crucial role in driving the demand further.
Discover more insightsCold chain logistics in pharmaceuticals offers an array of opportunities. As medicines become more complex and temperature-sensitive, advanced logistics solutions that ensure product integrity from source to patient are increasingly important. This has triggered innovation and advancement in technological solutions, with smart containers and IoT-enabled devices becoming more prevalent. Technologies...
Discover more insightsEmerging markets have gained considerable attention in the global pharmaceutical industry, often due to their robust growth potential. These economies, with rapidly expanding middle-class, urban populations and increasing prevalence of chronic diseases, pose significant opportunities. They offer attractive growth rates fueled by increasing healthcare spending, and ground-breaking improvements in healthcare...
Discover more insightsThe advent of digital technology has profound impacts on a myriad of sectors, not least the pharmacy industry. A significant trend is the digitalization of traditional drugstores, which leverages e-commerce models to deliver medications. This modification introduces more effective supply chain management and logistics, increasing the convenience factor, particularly for...
Discover more insightsThe digitalization of the pharmaceutical industry is well underway, seeing a shift from traditional brick-and-mortar establishments to online platforms. This transition is predominantly driven by the increased utilization of digital technologies, a quest for cost-effectiveness, and the perpetual need for consumer convenience. The proliferation of online marketplaces for over-the-counter medicines...
Discover more insightsCompounding pharmacies, establishments that combine, mix, or alter ingredients to create a medication tailored to the needs of an individual patient, play a critical role in therapeutics. They serve a significant gap in the commercial pharmaceutical market, fulfilling the demand for personalized medications, particularly for patients with specific dosing requirements...
Discover more insightsTechnological advancements and innovations are propelling significant improvements in the pharmacy industry. Groundbreaking advancements such as Artificial Intelligence, Robotics, and Big Data are bolstering efficiencies, reducing errors, and promoting patient safety. From dispensing prescriptions to handling drug inventories, innovative technologies are streamlining the pharmaceutical workflow, increasing productivity, and minimizing costs....
Discover more insightsThe demand for pharmacy benefit management (PBM) services indicates a trend towards steady growth in the near to medium term. An aging population, along with an increasing prevalence of chronic diseases, are underlying catalysts stoking this demand. PBMs, by negotiating prices with drug manufacturers and pharmacies, play a critical role...
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