Jolted by the economic slowdown and the looming patent expiry of blockbuster drugs, the global hospital pharmaceuticals market is forecasted to exhibit a moderate CAGR of 3.9% between 2015 and 2023. Nevertheless, the increasing prevalence of chronic ailments worldwide, coupled with increasing healthcare spending is expected to keep the demand for hospital pharmaceuticals high in the near future. As per Transparency Market Research, the market stood at US$197.3 bn in 2014 and is expected to ... Read more

Hospital pharmaceutical consists of pharmaceuticals which are purchased by hospitals and used for treatment of either inpatients or outpatients. Hospital pharmaceutical drugs includes critical care and therapeutic drugs applied in infections, alimentary tract and metabolism, cardiology, urology, neurology, sensory organs, musculoskeletal system, respiratory system, dermatology, hematology and other. The primary responsibility of hospital pharmacy is procurement, storage and selling of ... Read more

The hospital pharmaceuticals market comprises pharmaceutical drugs that are administered to patients admitted in hospitals for treatment. These include generic as well as branded drugs used for various therapeutic applications such as antibiotics, analgesics, respiratory drugs, anaesthetics, and vaccines among others. Rising prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases and respiratory disorders has significantly increased demand for effective ... Read more