The growing pharmaceutical sector drives the Indian Pharmacy Retail Market
Mumbai, India – March 7, 2012 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its report – Pharmacy Retail Market – India. The Indian retail industry on the whole stands to be 5th largest on global standards in which pharmacy retail occupies 5% of the market. The pharmacy retail is experiencing sufficient growth over the last few years and is expected to continue similar trend in the coming years also.
The report provides a snapshot of the pharmacy retail market of India. The report begins with the introduction section that deals with the growing significance and work scope of pharmacy retailers followed by the various formats of stores prevalent in the country and the distribution channel from pharmacy manufacturer to the retailer.
The market overview section provides an insight into the current and forecasted market size of the pharmacy retail market till 2015. The significance of retail outlets as the most popular pharmacy sales source is conceived from the market trend figures.
The report is then provided with the driving factors that are encouraging the pharmacy retail market among which the growing pharmaceutical market finds a prominent position. Increased healthcare spending, changing disease profile, growing OTC segment along with several other reasons evolve as the possible reasons for the industry to prosper. A detailed analysis has been made of the drivers. The key challenges of the industry have also been analysed of which fragmentation of the market into organized and unorganized sections is a primary reason. Others include long distribution and supply chain that involves too many middlemen in the business and the existence of counterfeit drugs.
The report further discusses the emerging trends that are being applied for improved pharmacy retail services that include aspects like loyalty schemes, value added services, counterfeit drug tracking and several others
The report includes a section of the technological trends being adopted by the retail chains to draw in more customers by providing the loyalty and value added services. The technological advancements being used include Customer Relationship Management (CRM), Enterprise Resource Planning (ERP) and Supply Chain management (SCM).
The report further entails the role of government in the market and how it controls the pharmacy outlets which have a direct impact on the customer’s health and well being but having sufficient consideration for the players in the business so that they can fulfill their role of making available medicines for the well being of the people.
The competition section provides an overview of the competitive landscape in the market. The section includes Porter’s 5 Forces Analysis of the market. Elaborate company profiles of the major players in the market with general company information, product lines and segmentation, financials have been incorporated. The financials provided is well analysed through key ratios which depict the financial position of the pharmacy retailers in terms of its revenue earning and profitability, business highlights and recent developments of the respective company for both domestic and foreign players.
The strategic recommendations section focuses on some effective strategic decisions which can be taken up by companies to increase their market shares. The recommendations provided can prove to be useful for the existing as well as potential entrants into the market.
Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base
3rd Floor, Saberwal House,
55B Mirza Ghalib Street,
Kolkata 700 016,
West Bengal, India.
Tel: +91 33 40646215
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The growing pharmaceutical sector drives the Indian Pharmacy Retail Market here
News-ID: 213489 • Views: 1722
More Releases from Netscribes India
“Netscribes plays Santa to Cherubs from local NGOs as their Christmas CSR”
Mumbai, India – December 30, 2016 – We at NS had a chance to play Santa to smiling cherubs from Local NGOs who were guests of honor at our offices in all three centers. This is our annual endeavor each year to host these children to refresh our minds with their untarnished innocence. This is the first time we had HIV positive children from Desire society (www.desiresociety.org) at our
Research on Singapore becomes a premium source for market research on Singaporea …
The Research on Singapore platform provides a single solution for Singapore-centric market research reports for clients and publishers Mumbai, India – October 03rd, 2013: A premium source for Singapore-specific market research, Research on Singapore now offers research-oriented content from global publishers. The newly launched market intelligence platform will provide industry-specific research reports from global market research organizations that will help clients gain a 360 degree view of the Singaporean industrial scenario.
Increased government attention to power sector boosting Indian insulator market
Global market intelligence firm, Netscribes Inc, launched a brand new report tracking the insulator market in India. The research report delves into the electrical equipment market and analyses the growth potential, the challenges and the major drivers of the insulator industry. An exclusive coverage of the competitive landscape along with a close look at the government initiatives towards the industry makes it a comprehensive study of the insulation market
Dropping solar power tariff rates spurring Indian photovoltaic generator market
Solar PV power generation has long been acknowledged as a superior form of clean energy technology with vast potential, assuming its cost component can be significantly reduced. It draws upon the planet’s most plentiful and extensively distributed renewable energy resource, the sun. The latest report from Netscribes Inc delves deep into this dynamic market propelled by the photovoltaic generator and makes a comprehensive study of the equipment’s market in the
More Releases for Pvt
Ray Business Technologies Pvt, Ltd
Raybiztech has developed the Editable Image component for developers to select the image and required properties for comprehensive website development or campaign management. The widget has been published in the Kentico marketplace. The widget offers a great deal of flexibility for adding desirable attributes such as Alt Text, redirection link, and dimensions to the Editable Image Widget. This will enable marketers to enable better customer experience and improved results of
WiseGuyResearch Consultants Pvt Ltd
WiseGuyReports.Com Publish a New Market Research Report On –“ High-speed Data Card Market 2019 Global Analysis By Key Players – Apacer Technology, Duracell, Delkin Devices, Kingston Technology, Lexar Media, MagicRAM”. High-speed Data Card Industry 2019 Description:- The High-speed Data Card industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, High-speed Data Card market size to maintain the average annual growth rate of XXX
Contrive Datum Insights Pvt. Ltd.
This study report on global Consulting Services Market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. The report talks about the competitive environment prevailing in the Consulting Services market worldwide. The report lists the key players in the market and also provides insightful information about them such as their business overview, product segmentation, and revenue segmentation. For Sample Copy
Meedarsh Solutions Pvt. Ltd.
We provide end to end solutions for your event requirements. With a dedicated team of professionals, successfully designing, planning and managing various corporate and social events. Offering a wide gamut of services we ensure, we work in close coordination with our clients to meet their expectations, at the best cost and within the targeted time limit. We have pushed all areas of event management to new frontiers Explore Sample Request at:
WISEGUY RESEARCH CONSULTANTS PVT LTD
WiseGuyReports published new report, titled “Q3 2017 Long-Term LNG Contracts Review” Summary In Q3 2017, the biggest long-term LNG contract was signed between Anadarko Petroleum Corporation and PTT Public Company Limited for supply of 2.6 mtpa of LNG. The contracted LNG will be supplied from Mozambique to Thailand for a period of 20 years, starting from 2022 by Anadarko Petroleum Corporation. Other key seller companies to sign contracts in the quarter include
WiseGuy Research Consultants Pvt. Ltd.
WiseGuyReports.Com Publish a New Market Research Report On - “Batting Gloves Market 2017 Global key Players – Franklin, Under Armour, Nike, Mizuno, Rawlings Analysis and Forecast to 2022”. This report, with focus on top players in the global and Japan, studies the Batting Gloves market's development status and future trend in the global and Japan. It splits Batting Gloves market by type and by applications to fully and deeply research and