Global Pharmacy Retail Market : Insights and Forecast with Impact of Covid-19 (2021-2026)

Page 1

RESEARCH

Global Pharmacy Retail Market – Analysis By Type (Prescription Drugs, OTC Drugs), Distribution Channel, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of Covid-19 (2021-2026) • By Distribution Channel

– Brick and Mortar Pharmacy,

Online Pharmacy • By Type – Prescription Drugs, Over the Counter Drugs • By Region: North America, Europe, APAC and ROW • By Country: United States, Canada, Germany, United Kingdom, France, Switzerland, Italy, China, Japan, India

(c) AZOTH Analytics

July 2021


2016–2026 Base Year: 2020

Scope of Research: Global Pharmacy Retail Market– Analysis By Distribution Channel, By Type

Global Global Pharmacy Pharmacy Retail Retail Market Market

Global Market Brick and Mortar Pharmacy

By Distribution Channel Online Pharmacy

Prescription Drugs

By Type Over the Counter Drugs

Historical Period 2016 - 2020 (c) AZOTH Analytics

Regional Analysis o North America o Europe o APAC o LAMEA Country Analysis o USA o Canada o Germany o United Kingdom o France o Switzerland o Italy o China o Japan o India

Forecast Period 2021 - 2026 2


Table of Content S.No 1.

2.

3. 4.

5.

Particulars Report scope & Methodology

Page No. 1

1.1

Scope of the Report

2

1.2

Research Methodology

18

1.3

Executive Summary

20

Strategic Recommendations

23

2.1

Focus on customized support

24

2.2

Focus more on e-pharmacies

25

Pharmacy Retail Market: Product Outlook

26

Global Pharmacy Retail Market: Sizing and Forecast

35

4.1

36

Global Pharmacy Retail Market Size, By Value, Year 2016-2026

Global Pharmacy Retail Market Segmentation – By Distribution Channel and By Type 5.1

5.2

42

Competitive Scenario of Global Pharmacy Retail Market: By Distribution Channel

44

5.1.1 Brick and Mortar Pharmacy – Market Size and Forecast (2016-2026)

45

5.1.2 Online Pharmacy– Market Size and Forecast (2016-2026)

46

Competitive Scenario of Global Pharmacy Retail Market: By Type

48

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3


Table of Content S.No

6.

Particulars

7.

5.2.1

Prescription Drugs – Market Size and Forecast (2016-2026)

49

5.2.2

Over the Counter Drugs – Market Size and Forecast (2016-2026)

50

Global Pharmacy Retail Market: Regional Analysis 6.1

Page No.

51

Competitive Scenario of Global Pharmacy Retail Market : By Region

North America Pharmacy Retail Market : Segmentation By Distribution Channel and By Type (2016-2026)

53 54

7.1

North America Pharmacy Retail Market : Size and Forecast (2016-2026), By Value

55

7.2

North America Pharmacy Retail Market – Prominent Companies

58

7.3 7.4 7.5

Market Segmentation Distribution Channel (Brick and Mortar Pharmacy and Online Pharmacy) Market Segmentation By Type (Prescription Drugs and Over the Counter Drugs) North America Pharmacy Retail Market: Country Analysis

60 61 62

7.6

Market Opportunity Chart of North America Pharmacy Retail Market - By Country, By Value, 2026

64

7.7

Competitive Scenario of North America Pharmacy Retail Market: By Country

65

7.8

United States Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

67

7.9

United States Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

7.10

Canada Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

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69-70 72

4


Table of Content S.No

Particulars 7.11

8.

Canada Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

Europe Pharmacy Retail Market : Segmentation By Distribution Channel and By Type (2016-2026)

Page No. 74-75 76

8.1

Europe Pharmacy Retail Market : Size and Forecast (2016-2026), By Value

77

8.2

Europe Pharmacy Retail Market – Prominent Companies

83

8.3

8.4

8.5

Market Segmentation Distribution Channel (Brick and Mortar Pharmacy and Online Pharmacy)

Market Segmentation By Type (Prescription Drugs and Over the Counter Drugs)

Europe Pharmacy Retail Market: Country Analysis

85

86

87

8.6

Market Opportunity Chart of Europe Pharmacy Retail Market - By Country, By Value, 2026

89

8.7

Competitive Scenario of Europe Pharmacy Retail Market: By Country

90

8.8

Germany Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

92

8.9

Germany Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

8.10

United Kingdom Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

8.11

United Kingdom Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (20162026)

8.12

France Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

8.13

France Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

(c) AZOTH Analytics

94-95 97 99-100 102 104-105

5


Table of Content S.No

9.

Particulars 8.14

Switzerland Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

8.15

Switzerland Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

8.16

Italy Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

8.17

Italy Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

Asia Pacific Pharmacy Retail Market : Segmentation By Distribution Channel and By Type (2016-2026)

Page No. 107 109-110 112 114-115 116

9.1

Asia Pacific Pharmacy Retail Market : Size and Forecast (2016-2026), By Value

117

9.2

Asia Pacific Pharmacy Retail Market – Prominent Companies

120

9.3 9.4 9.5

Market Segmentation Distribution Channel (Brick and Mortar Pharmacy and Online Pharmacy) Market Segmentation By Type (Prescription Drugs and Over the Counter Drugs) Asia Pacific Pharmacy Retail Market: Country Analysis

122 123 124

9.6

Market Opportunity Chart of Asia Pacific Pharmacy Retail Market - By Country, By Value, 2026

126

9.7

Competitive Scenario of Asia Pacific Pharmacy Retail Market: By Country

127

9.8

China Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

129

9.9

China Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

9.10

Japan Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

(c) AZOTH Analytics

131-132 134

6


Table of Content S.No

10.

11.

12.

13.

Particulars 9.11

Japan Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

9.12

India Pharmacy Retail Market: Size and Forecast (2016-2026), By Value

9.13

India Pharmacy Retail Market Segmentation - By Distribution Channel and By Type (2016-2026)

Global Pharmacy Retail Market Dynamics

Page No. 136-137 139 143-144 145

10.1

Drivers

146-147

10.2

Restraints

148-149

10.3

Trends

150-151

Market Attractiveness

154

11.1

Market Attractiveness Chart of Global Pharmacy Retail Market - By Distribution Channel, 2026

155

11.3

Market Attractiveness Chart of Global Pharmacy Retail Market - By Type, 2026

156

11.3

Market Attractiveness Chart of Global Pharmacy Retail Market - By Region, 2026

157

Competitive Landscape

158

12.1

Major Technological Innovations, Mergers & Acquisitions and Role of Manufacturers

159

12.2

Market Share Analysis

162

Company Analysis

164

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7


Table of Content S.No

14.

Particulars

Page No.

13.1

Walgreens Boots Alliance

165

13.2

Ahold Delhaize

168

13.3

Merck KGaA

171

13.4

Sanofi

174

13.5

GlaxoSmithKline

177

13.6

Novo Nordisk

180

13.7

Cipla

183

13.8

Loblaw

186

13.9

Albertsons Companies Inc.

189

13.10

CVS Pharmacy

192

13.11

Rite Aid

194

About Us

196

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8


Overview Of Global Pharmacy Retail Market

Global Pharmacy Retail Market by value is expected to grow during the forecast period with a CAGR of XX%.

Online Pharmacy demand is growing significantly during the recent years with the market share of xx% globally in the year 2020.

Brick and mortar Pharmacy is the leading distribution channel segment in year 2020 with the market share of XX% globally

Global demand for Pharmacy Retail Market is expected to increase due to rising chronic diseases worldwide along with intense competition among the market players Prescription drugs is the leading type segment with market share of XX% in the year 2020 globally.

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The Global Pharmacy Retail Market was valued at USD XX Billion in 2020

North America occupied the largest market share of XX% in the year 2020 due to rising healthcare expenditure, increasing cognizance about various respiratory diseases

9


Global Pharmacy Retail Market Global Pharmacy Retail Market Historical: Year 2016-2020 The pharmacy industry has undergone an exciting development worldwide. Medicine and healthcare services are some of the essential services required for the proper functioning of society. The drug sales are closely associated with retail pharmacy making

470.85

485.98

508.55

2016

2017

2018

538.23

575.12

it a popular and in-demand industry. Xx Xx

Global Pharmacy Retail Market Forecast: Year 2021-2026

618.91

670.34

728.96

794.61

867.89

949.99

2019

2020

Pharmaceutical Retails Market is anticipated to grow at an increased rate due to rising chronic diseases worldwide along with intense competition among the market players. Changing disease profiles, innovative marketing strategies, introduction of new business models and upsurge in the hospital based pharmacies and wellness stores has been anticipated to propel thrust in the sales of Pharmaceutical Retails in the future.

2021

2022

2023

2024

2025

2026

xx

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10


Global Pharmacy Retail Market The US Pharmacy Study measures customer satisfaction with their pharmacy

experience

across

major

chain

drug

stores,

United States Pharmacy Retail Market Forecast: Period Coverage-2016 to 2026

mass

merchandisers, supermarkets, and mail-order pharmacies. The study shows that retail pharmacy businesses continue to shine when it comes to engaging patient-centric services that drive satisfaction. These convenience factors anticipate the growth of the retail pharmacy market in the country. xx xx 2

0

1

6 2

0

1

7 2

0

1

8 2

0

1

9 2

0

2

0 2

0

2

1 2

0

2

2 2

0

2

3 2

0

2

4 2

0

2

5 2

0

2

6

Global Pharmacy Retail Market Forecast: Market Mix by Region, Year-2026

North America

Europe

APAC

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LAMEA

11


Competitive Scenario of Global Pharmacy Retail Market– By Distribution Channel Figure xx: Global Pharmacy Retail Market- By Distribution Channel Market Share, 2020 & 2026 Brick and mortar pharmacy segment is expected to

Inner Pie: Segmental Analysis By Distribution Channel,

hold significant share in Pharmacy Retail Market

2020 Outer Pie: Segmental Analysis By Distribution Channel,

capturing around XX% in the year 2020. Rising number of unmet needs and a sudden …

2026

Moreover, brick and mortar pharmacy followed by online pharmacy .. Xx Xx Xx Xx Xx Xx Xx xx Brick and Mortar Pharmacy

Online Pharmacy

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12


Competitive Scenario of Global Pharmacy Retail Market– By Type Figure xx: Global Pharmacy Market- By Type Share, 2020 & 2026 Inner Pie: Segmental Analysis By Type, 2020 Outer Pie: Segmental Analysis By Type, 2026

Prescription

drugs

segment

is

expected

to

hold

significant share in Pharmacy Retail Market capturing around XX% in the year 2020. The global over the counter (OTC) drugs market is .. xx XX Xx Xx Xx Xx Xx xx

Prescription Drugs

Over the Counter Drugs

(c) AZOTH Analytics

13


Market Share of Leading Global Companies Figure xx: Global Clinical Laboratory company market share (%), 2020

Walgreens Boots Alliance CVC Albertsons Companies, Inc. Rite Aid Others

Source: Azoth Analytics Estimates The pharmacy retail market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate .. Companies like Walgreens boots alliance, Novo Nordisk, Albertsons companies .. Xx xx

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14


Market Attractiveness Chart of Global Pharmacy Retail Market – By Region, By Value

CAGR (2021-2026)

Figure xx: Market Attractiveness Chart of Global Clinical Laboratory Market- By Region (Year-2026)

North America

Europe

APAC

LAMEA

Market Size (USD Billion) for Year 2026

North America has been estimated to hold the largest market of pharmacy retail, growing at a CAGR of XX% locking the market value of USD XX Billion in the year 2026. Furthermore, Europe, Asia Pacific and LAMEA .. xx

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15


About Azoth Analytics Pvt Ltd. Azoth Analytics (ISO 9001:2015) is a business research and analytics company that creates in-depth research reports and provides customized research solutions and consulting services. An ISO 9001:2015 certified company, Azoth Analytics adheres to international quality management standard and has strong commitment to a culture of continuous improvement. The business research and market analysis of Azoth Analytics helps organizations across different industry verticals solve their business problems. Strategic market sizing and data dredging techniques include secondary research, and primary research (interviews with management personnel and industry experts). Azoth Analytics provide syndicated and customized market research reports on different verticals including pharmaceutical and healthcare, oil and gas and power, chemicals, automotive, technology, FMCG, food & beverages and media sectors.

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