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Sep 8, 2020 5:52 AM ET

Pharmaceutical Retail Market Next Big Thing | Major Giants CVS Health, Walgreens Boots Alliance, Albertsons




iCrowd Newswire - Sep 8, 2020

A new research document is added in HTF MI database of 200 pages, titled as ‘Global Pharmaceutical Retail Market Size study, by Type (Independent Retailers, Pharmacy Chain), by Distribution Channel (Online, Offline) and Regional Forecasts 2019-2026’  with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as CVS Health, Walgreens Boots Alliance Inc., Albertsons Companies Inc, Dirk Rossmann GmbH Rite Aid Corporation, Jean Coutu Group Inc., China Nepstar Chain Drugstore Ltd. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2020-2026.

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Summary
Global Pharmaceutical Retail Market is valued approximately at USD XXX billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2020-2026. Pharmaceutical retail, also known as a community pharmacy, 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. 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.

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.

Major market player included in this report are:
CVS Health, Walgreens Boots Alliance Inc., Albertsons Companies Inc, Dirk Rossmann GmbH Rite Aid Corporation, Jean Coutu Group Inc., China Nepstar Chain Drugstore Ltd.

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:

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2640899-global-pharmaceutical-retail-market-size-study-by-type

By Type: Independent Retailers, Pharmacy Chain
By Distribution Channel: Online, Offline

By Region:
North America (U.S., Canada)
Europe (UK, Germany)
Asia Pacific (China, India, Japan)
Latin America (Brazil, Mexico)
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Pharmaceutical Retail Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 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
2.3. 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: Industry Analysis
4.1. Porter’s 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Pharmaceutical Retail Market, by Type
5.1. Market Snapshot
5.2. Global Pharmaceutical Retail Market by Type, Performance – Potential Analysis
5.3. Global Pharmaceutical Retail Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Pharmaceutical Retail Market, Sub Segment Analysis

Chapter 6. Global Pharmaceutical Retail Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Pharmaceutical Retail Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Pharmaceutical Retail Market Estimates & Forecasts by Distribution Channel 2016-2026 (USD Billion)

Chapter 7. Global

….Continued

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It’s vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

About Author:
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