Compounding Chemotherapy Market Analysis

In-depth Analysis of Compounding Chemotherapy Market Industry Landscape

More and more hospitals that treat cancer are realizing the importance of using new and improved technologies. This is happening because there's a higher need for medicines that are specifically made for each patient. Some hospitals, like the Kuwait Cancer Control Center, found it hard to keep up with the demand for custom-made medicines. They couldn't make enough medicines manually, leading to delays in delivering them to patients and longer waiting times. However, when they started using advanced processes, like sequential PDSA cycles, things improved a lot. At the Kuwait Cancer Control Center, the number of medicines made increased by 8%. More than 43% of these medicines were checked and ready to use in less than 30 minutes, and around 88% were delivered in less than 45 minutes. Automation also helped increase the number of medicines made by 82%. This shows that using automated methods in hospitals is really good for making medicines faster and more efficiently. As more hospitals start using these technologies, it will help the overall market for customized chemotherapy medicines grow.

INCREASE IN THE NUMBER OF PEOPLE WITH CANCER

In the past few decades, there has been a big increase in the number of people who have cancer. According to the World Health Organization (WHO), cancer is the second leading cause of death around the world, causing about 9.6 million deaths in 2018. That's a lot of people. Another report from the National Cancer Institute says that in 2020, about 1,806,590 new cases of cancer will be found in the United States, and around 606,520 people will die from it. With so many people having cancer, there's a big need for medicines that are made just for them, and this is helping the market for customized chemotherapy medicines to grow.

LOOKING AHEAD

Hospitals are starting to realize that they need better ways to make medicines for people with cancer. Using new technologies and automated processes is making it faster and more efficient. As more hospitals adapt to these changes, it will help the market for customized chemotherapy medicines to keep growing. The increase in the number of people with cancer is also contributing to the growing demand for medicines that are specifically made for each patient. This is an important and positive step toward helping more people get the right treatment for their health. So, in the future, we can expect more hospitals to use advanced methods, leading to even better care for people with cancer.