Future Growth of Pharmacy Retail Market Expected to be led by Escalation in OTC Drugs Segment and Online Pharmacies REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Future Growth of Pharmacy Retail Market is expected to be led by escalation in OTC drugs segment and online pharmacies The market leader in organized pharmacy retail chains in India, Apollo Pharmacy, is expected to maintain its focus on its private labeled goods and increase its penetration tier-1 & tier2 cities in order to compete with other players in the industry Ken Research announced its latest publication on “India Pharmacy Retail Market Outlook to 2020” which provides a comprehensive analysis of the retail pharmacies in India and covers various aspects such as market size of the India pharmacy retail market and the market size of online pharmacy retail market. The pharmacy retail market has been segmented on the basis of organized and unorganized pharmacies, prescribed drugs, OTC drugs and private label products, category of drugs and generic and patented drugs. The report shares the company profile and competitive landscape for major players in the organized and online sector. This publication is useful for industry players, expert consultants, new players venturing in the market, pharmacy retailers, hospitals and other stakeholders of the market. The pharmacy retail market in the India has witnessed a growth in recent years on account of rising demand for OTC drugs and private label products fueled by extensive advertisement by various organizations. The surge in growth is mainly originated from escalation in urbanization, increase in disposable income, and rising literacy rate in the country along with growing medical awareness. The organized pharmacy retail market in India is comprised of several companies such as Apollo Pharmacy which posses a diversified product portfolio of pharmaceutical products. The revenues earned by the pharmacy retail market have grown at a CAGR of 19.4% from FY’2010-FY’2015. According to the research report, the India retail pharmacy market will grow at a considerable CAGR of 14.0% thus exceeding INR ~ billion by 2020 due to the increasing number of retail pharmacy stores and extensive product portfolios. The Analyst at Ken Research recommends on the Retail pharmacy that the pharmacies should now divest their focus towards improving customer experience by installing PIS software. This will help the pharmacies to keep a track record of the inventory. Owing to this, the pharmacies can serve their customer better by providing medicines on their demand. “While rising household expenditure, hike in penetration of health insurance, and an increase in the self-medication will result in increased spending on pharmaceutical products in India. Shortage of certified pharmacists and circulation of counterfeit drugs in the market are a few of the major challenges which will affect the growth of this industry in the future,” according to the Research Associate, Ken Research. Key Topics Covered in the Report: India Pharmacy Retail Market Market Size by revenue Market Segmentation by Organized and Unorganized Hospital based Pharmacies and Standalone Pharmacies Category of drugs Prescribed drugs, OTC drugs and Private label products Generic and Patented drugs Rural and Urban Demand Demand by Major Regions and Major States Overview on online pharmacy Growth Drivers Issues and Challenges Trends and Development Pre-requisites for Pharmacy Retail Government Regulations SWOT Analysis Company Profile Major Deals and Alliances Snapshot on India Online Pharmacy Market Comparative Analysis of International Pharmacy Stores with Indian Future Outlook Investment Model Macro Economic Parameters Products Mentioned OTC Drugs Prescribed Drugs Private Label Products Generic Drugs Patented Drugs Anti-Infective Drugs Cardiovascular Drugs Gastro-intestinal Drugs Vitamins and Minerals Pain and Analgesic Drugs Anti-Diabetic Drugs Companies Covered in the Report Apollo Pharmacy MedPlus Himalaya healthcare Religare wellness Guardian Lifecare Medidart.com Buydrug.in Onerx.in Related Reports: Japan Pharmaceutical Industry and Forecast – Focus on OTC and Prescribed Drugs Market China Pharmaceutical Industry Research and Forecast to 2016 India Pharmaceutical Industry and Forecast to 2016 Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Andhra Pradesh Pharmacy Stores Market, Apollo Pharmacy Revenue Stores, Branded Drugs Sales India, Business Model Pharmacy Stores Online India, Competition Analysis India Pharmacy, Future Opportunities India Pharmacy, Generic Drugs Revenue Pharmacy India, Guardian Lifecare Key indicators India, Himalaya Drug Company Statistics India, Hospital Based Pharmacies India, Hyperlocal Delivery Pharmacy India, India Pharmacy Retail Market, India Pharmacy Store Market, Karnataka Pharmacy Retail Market, Medidart Market Revenue India, Medplus Health Services Market Share, Medplus Share India Pharmacy, Mobile App Pharmacy Delivery India, Onerx.in Revenue Crore India, Online Pharmacy Stores Market, Organized Pharmacy Potential India, Pharmaceuticals Market Revenue India, Pharmacy Retail Competition India, Prescribed Drugs Sales Pharmaceuticals India, Prescribed Drugs Sales Pharmacy Stores, Private Label Goods Sales Pharmacy India, Religare Wellness Business Strategy, Size Pharmacy India Market, Standalone Pharmacy Stores India Market, SWOT Pharmacy Retail Market, Tamil Nadu Pharmacy Retail Market, Tier 1 Cities Statistics Pharmacy India, Unorganized Pharmacy Revenue India, Wellness Stores Market India