Press release
Pharmaceutical Retail Market is thriving worldwide by 2026 | Top Key Players like CVS Health, Albertsons, Rossmann, Rite Aid, Jean Coutu, Nepstar, Sun valley Pharmacy, MediRite, Pharma Direct
Market Study Report LLC adds new research on Pharmaceutical Retail market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Pharmaceutical Retail market also includes an in-depth study of the industry's competitive scenario.Pharmaceutical retail, also known as a community pharmacy, and is a type of pharmacy in which drugs are sold to patients directly, as contradicted to hospital pharmacy. At the pharmaceutical retail, a pharmacist supervises the contentment of medical prescriptions and is accessible to give advice on their aids of over the counter (OTC) drugs. Thus, the prescription of drugs is better and easier in retail pharmacies comparable to hospitals due to easy and higher availability of newer antibiotics.
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Increasing prevalence of chronic disease such as cancer, diabetes etc., along with the advent of online pharmacy and the emergence of ayurvedic product retailers are the few factors responsible for high CAGR of the market over the forecast period.
According to the International Agency for Research on Cancer (IARC), in 2018, there were around 17.0 million new cancer cases and 9.5 million cancer deaths registered throughout the world. Also, the global burden of cancer is expected to grow to almost 27.5 million new cancer cases and 16.3 million cancer deaths by 2040 due to the growth and aging of the population. This, in turn, is expected to accelerate the adoption of Pharmaceutical Retail all over the world. Moreover, changing disease profiles and intense competition among the market players are some other forces driving the growth of the market around the world. However, increased cost for the treatment of diseases is one of the major factors expected to hamper the growth of global pharmaceutical retail market over the forecast period.
Major market player included in this report are:
o CVS Health
o Walgreens Boots Alliance Inc.
o Albertsons
o Rossmann
o Rite Aid
o Jean Coutu
o Nepstar
o Sun valley Pharmacy
o MediRite
o Pharma Direct
The regional analysis of global Pharmaceutical Retail Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing healthcare expenditure, along with the rising prevalence of respiratory diseases, such as asthma and chronic obstructive pulmonary disease (COPD) in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period of 2019-2026.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
o Independent Retailers
o Pharmacy Chain
By Distribution Channel:
o Online
o Offline
By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World
Table of Contents:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Pharmaceutical Retail Market, by Type, 2017-2026 (USD Billion)
1.2.2. Pharmaceutical Retail Market, by Distribution Channel, 2017-2026 (USD Billion)
1.2.3. Pharmaceutical Retail Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pharmaceutical Retail Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pharmaceutical Retail Market Dynamics
3.1. Pharmaceutical Retail Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Pharmaceutical Retail Market Analysis
Chapter 5. Global Pharmaceutical Retail Market, by Type
Chapter 6. Global Pharmaceutical Retail Market, by Distribution Channel
Chapter 7. Global Pharmaceutical Retail Market, Regional Analysis
Chapter 8. Pharmaceutical Retail Market Competitive Intelligence
Ask for Discount on Pharmaceutical Retail Market Report at: https://www.marketstudyreport.com/check-for-discount/2610789/?utm_source=OPR.com/&utm_medium=SP
Related Reports: https://www.marketwatch.com/press-release/smart-hospitals-market-share-historical-growth-analysis-opportunities-and-forecast-to-2025-2020-04-27
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