Global Pharmacies and Healthcare Stores Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Pharmacies and Healthcare Stores Market Report by The Business Research Company covers pharmacies and healthcare stores market drivers and restraints, pharmacies and healthcare stores market size, major players, and the impact of COVID-19 on the pharmacies and healthcare stores market.
The pharmacies and healthcare stores market consist of sales of pharmaceuticals and healthcare products by entities (organizations, sole traders, and partnerships) that sell pharmaceuticals and healthcare products such as drugs, medical devices, and other personal care products through pharmacies and other health and personal care stores. The pharmacies and healthcare stores market is segmented into pharmacies and drug stores and other health and personal care stores.
The global pharmacies and healthcare stores market reached a value of nearly $1,037.2 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.6% since 2015. The market is expected to grow from $1,037.2 billion in 2020 to $1,391.3 billion in 2025 at a rate of 6.0%. The market is then expected to grow at a CAGR of 5.0% from 2025 and reach $1,774.6 billion in 2030.
The rising popularity of internet pharmacies is predicted to contribute to the growth of pharmacies and healthcare stores market over the forecast period. The growth of ePharmacy is supported by increasing penetration of e-commerce, rapid surge in the number of internet users, and convenience offered such as doorstep delivery of healthcare products. Moreover, ePharmacy companies provide medicines or drugs at discounted prices, which are attracting more consumers to choose epharmacy over offline stores.
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Some pharmacies and healthcare stores market trends include collaborations and partnerships to boost company offerings and expand retail businesses. Moreover, digital transformation is key to the future of pharmacies and healthcare stores and is gaining significant popularity in the pharmacies and healthcare stores market. Innovative technologies such as the Internet of Things (IoT), big data, artificial intelligence (AI), robotics, blockchain, and application programming interfaces (APIs) improve service, optimize stock availability, and cut costs.
Global pharmacies and healthcare stores market segments include:
1) By Type: Pharmacies and Drug Stores, Other Health and Personal Care Stores
2) By Ownership: Retail Chain, Independent Retailer
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Pharmacies and Healthcare Stores Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides pharmacies and healthcare stores market overviews, analyzes and forecasts market size, share, pharmacies and healthcare stores market players, pharmacies and healthcare stores market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The pharmacies and healthcare stores identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Pharmacies and Healthcare Stores Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Walgreens Boots Alliance Inc., CVS Health Corporation, The Kroger Company, Rite Aid Corporation, Loblaw Companies Limited, Dirk Rossmann GmbH
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Pharmacies and Healthcare Stores Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Pharmacies and Healthcare Stores Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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