Global pharmacy retail markets of over $ 575 billion to 2026

DUBLIN, August 12, 2021 / PRNewswire / – The “Global Pharmacy Retail Market – Analysis By Type (Prescription Drugs, Over the Counter Drugs), Distribution Channel, Region, Country (2021 Edition): Market Overview and Forecast with the impact of Covid-19 (2021-2026)) “report has been added to ResearchAndMarkets.com offer.

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The global pharmacy retail market is estimated at USD 575.12 billion in the year 2020.

The retail pharmaceutical market is expected to grow at an accelerated rate due to the rise in chronic diseases globally and the intense competition among market players. Changing disease profiles, innovative marketing strategies, the introduction of new business models and the upsurge in hospital pharmacies and wellness stores are expected to drive pharmaceutical retail sales in the future.

The increasing incidence of chronic diseases like hypertension, diabetes, cardiovascular disease and cancer, which require prolonged medication, is expected to further drive the growth of the pharmacy retail market during the forecast period. With the increase in public health spending, pharmaceuticals have become more accessible, thus fueling the pharmacy retail market, especially in rural areas and level II cities.

In addition, the launch of various patented drugs by international pharmaceutical companies has resulted in a gradual increase in sales of pharmaceutical products. The increasing incidence of chronic diseases like hypertension, diabetes, cardiovascular disease and cancer, which require prolonged medication, is expected to further drive the growth of the pharmacy retail market during the forecast period.

Several factors are supporting the growth of the global economy and North America pharmacy retail market. Some of the main factors among them are the increasing availability of over-the-counter drugs, the increasing prevalence of chronic diseases, the increase in consumer health spending, the increasing demand for e-commerce sites, the growth in the annual income of the population. , the growing number of geriatric services. favorable population and government regulations.

In Asia Pacific, the retail pharmacy services market is expected to grow at the fastest rate from 2021 to 2026. This strong growth is due to growing unmet medical needs.

The COVID-19 pandemic has accelerated the growth of traditional pharmacy outlets as well as online pharmacy channels. Globally, medical retail outlets have been categorized as essential services, but online pharmacies have become the fastest growing channel for purchasing drugs and devices due to fear virus.

Driven by the various waves of COVID-19, the online pharmacy industry has seen an increase in orders for medical devices, personal protective equipment, health supplements and common drugs.

Main topics covered:

1. Scope and methodology of the report

2. Strategic recommendations
2.1 Focus on personalized support
2.2 Focus more on e-pharmacies

3. Outlook for Pharmacy Retail Market Products

4. Global Retail Pharmacy Market Sizing and Forecast
4.1 Global Pharmacy Retail Market Size, By Value, Year 2016-2026

5. Global pharmacy retail market segmentation – by distribution channel and type
5.1 Global Drugstore Retail Market Competitive Scenario by Distribution Channel
5.1.1 Brick and Mortar Pharmacy Market Size and Forecast (2016-2026)
5.1.2 Online Pharmacy Market Size and Forecast (2016-2026)
5.2 Global Pharmacy Retail Market Competitive Scenario by Type
5.2.1 Prescription Drugs Market Size and Forecast (2016-2026)
5.2.2 Over-the-Counter Drugs Market Size and Forecast (2016-2026)

6.Regional analysis of the global retail pharmacy market
6.1 Competitive Scenario of Global Pharmacy Retail Market by Region

7. North America pharmacy retail market segmentation by distribution channel and type (2016-2026)

8. Europe pharmacy retail market segmentation by distribution channel and type (2016-2026)

9. Asia-Pacific Pharmacies Retail Market Segmentation by Distribution Channel and Type (2016-2026)

10. Global Pharmacy Retail Market Dynamics
10.1 Drivers
10.2 Constraints
10.3 Trends

11. Market attractiveness
11.1 Chart Global Pharmaceutical Retail Market Market Attractiveness – by Distribution Channel, 2026
11.3 Chart Global Pharmacy Retail Market Market Attractiveness – by Type, 2026
11.3 Chart Global Pharmacy Retail Market Market Attractiveness – by Region, 2026

12. Competitive landscape
12.1 Main technological innovations, mergers and acquisitions and the role of manufacturers
12.2 Market share analysis

13. Business analysis
13.1 Alliance of Walgreens boots
13.2 Ahold Delhaize
13.3 Merck KGaA
13.4 Sanofi
13.5 GlaxoSmithKline
13.6 Novo Nordisk
13.7 Cipla
13.8 Loblaw
13.9 Albertsons Companies Inc.
13.10 CVS Pharmacy
13.11 Rite Help

For more information on this report, visit https://www.researchandmarkets.com/r/ozof6o

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