Hospital Pharmaceuticals Market

Hospital Pharmaceuticals Market - Size, Share,
Growth, Outlook, and Opportunity Analysis,
2018-2026
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
medications. Hospital pharmaceuticals consists of medicines purchased for hospitals, healthcare
centers in order to be administered to patients during hospital enabled treatment period.
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The procurement of hospital pharmaceuticals for inpatients are not regulated by any legislation. Price
of hospital pharmaceuticals are based on the negotiations between the hospital pharmacy and
pharmaceutical company, especially in case of bulk purchases. However, hospital pharmacies are
free to negotiate purchasing price with the industries officials depending on hospital needs and
competition between the suppliers in market to receive hospital formulary.
According to the report published by, NORC at the University of Chicago, in October 2016, 90%
of hospital administrators in U.S. reported that, the increased drug prices during the period 2013
to 2015, and growth in inpatient drug spending made the moderate to severe impact on hospital
pharmaceutical budget. The major findings by Federation of American Hospitals (FAH)
highlighted that inpatient spending increased by 38.7% on per hospital admission, from 2013 to
2015, affecting hospitals ability to manage overall healthcare costs. The large and uncertain
increase in the hospital associated drug cost could significantly impact the hospitals’ ability to
manage cost within the Medicare’s fixed price based payment system.
Researchers from the Kumamoto University, Japan in October 2017, introduced a new drugLCZ696, which protects heart from cardiac rupture and heart failure after acute myocardial
infarction. LCZ696 is better over conventional drug in reducing cardiac death and hospitalization
due to heart failure. According to the American Heart Association (AHA), more than 6 million U.S.
people are living with heart failure and around 9,00,000 new cases are diagnosed each year.
Report includes chapters which deeply display the following deliverable about industry :
• Hospital Pharmaceuticals Market Research Objective and Assumption
• Hospital Pharmaceuticals Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Hospital Pharmaceuticals Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value
Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Hospital Pharmaceuticals Market, By Regions
• Hospital Pharmaceuticals Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Hospital Pharmaceuticals Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Hospital Pharmaceuticals Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning
and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Hospital Pharmaceuticals Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Hospital Pharmaceuticals Market Competitive Analysis:
Key players operating in the hospital pharmaceuticals market includes Bayer AG,
Novartis AG, Pfizer, Inc., AstraZeneca plc, GlaxoSmithKline plc, Johnson & Johnson, F.
Hoffmann-La Roche Ltd, Sanofi S.A., Merck & Co., Inc. and Eli Lilly and Company.
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Hospital Pharmaceuticals Market Taxonomy:
By Therapeutic application:
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Cardiology
Oncology
Nephrology
Urology
Neurology
Pain & Infection
By Region:
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North America
Latin America
Europe
Asia-Pacific
Middle East
Africa
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