Vietnam Pharmacy Retail Market Outlook to 2025: Ken Research REQUEST FOR SAMPLE REPORT Buy Now 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 The report titled “Vietnam Pharmacy Retail Market Outlook to 2025-By Market Structure (Organized & Unorganized); By Region (North, South & Central); By Hospital-based & Street/Mall-based; By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products & Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)”provides a comprehensive analysis of the retail pharmacy operations in Vietnam. The report covers various aspects including the current healthcare scenario, usage of contraceptives and family planning, health insurance scenario, supply structure for pharmacy retail, trends & recent developments, issues & challenges, SWOT Analysis, BCG Matrix, telemedicine scenario, operating model of pharmacies, competition scenario & more. The report concludes with future projections for the industry including market revenue by 2025, market segmentations, Covid-19 impact and analysts’ recommendations for existing players & new entrants. Vietnam Pharmacy Retail Market Overview and Size The Vietnam Pharmacy Retail Market is in growing stage with increasing healthcare awareness due to growth of ageing population and rising per capita drug expenditure. The rising cases of non-communicable diseases have also contributed to the growth in the demand for drugs across various therapeutic classes. In recent years, chain pharmacy stores have been increasing their presence by opening new stores in different provinces. Government initiatives such as launching of a national medicine database as well as telemedicine platform are also positively impacted the industry. Vietnam Pharmacy Retail Market witnessed a revenue growth of 6.8% during 2014-2019 and CAGR of 8.7% basis number of pharmacies. Vietnam Pharmacy Retail Market Segmentations By Market Structure: The Vietnam Pharmacy Retail Market is dominated by the presence of Unorganized Pharmacies in the term of number of stores as well as revenue. The customers prefer to purchase prescribed medicines from unorganized pharmacies as majority of these pharmacies as these are easily accessible and located on every corner. The organized pharmacies are offering services such as in store consultation, wide product assortments, special discounts and offers for members and other value added services for attracting customers. By Region: The 63 provinces of Vietnam can be broadly divided into three regions: Northern, Southern & Central. Currently, the southern region, particularly Ho Chi Minh & neighboring provinces are home of maximum number of pharmacies in the country & also contribute the highest revenue. Ho Chi Minh alone has ~6,000 pharmacies in 2019. By Type of Sales: Prescribed Medicines were the most selling category in the overall market in 2019. This is mostly due to the demand for maintenance medicines by the ageing population. The organized pharmacies are focusing on selling more non pharmaceutical products such as beauty & FMCG as well as medical equipment, as they help in increasing the store profitability. By Location of Pharmacy: On the basis of number of pharmacies, majority of the pharmacies were observed to be located in streets, malls, shopping complexes, etc. Residential areas, busy streets near hospitals are most preferred locations for setting up pharmacies. The number of private pharmacies located inside hospital premises accounted for a very small percentage of the total number of pharmacies in Vietnam. By Type of Drug: Generic drugs contributed majority of the revenue of the pharmacy retail industry in Vietnam in 2019. This has been due to the fact that generics are more affordable & accessible to a large section of the society which falls under low to medium income category. Patented medicines are generally prescribed by international hospitals & clinics. Most pharmacies in Vietnam offer a mix of Patented Medicines and Generic Medicines. To learn more about this report Download a Free Sample Report By Therapeutic Class: The medicines sold in Vietnam can be classified in different therapeutic classes such as cardiovascular, pain/analgesics, anti-infective, anti-diabetic, vitamins, minerals and nutrients, respiratory, and others on the basis of the type of disease they are used to cure. The cardiovascular drugs have highest demand in the region due to the ageing population. Rising cases of non-communicable diseases such as diabetes & respiratory diseases have also lead to an increase in demand for these drugs. Competitive Landscape in the Vietnam Pharmacy Retail Market The Vietnam Pharmacy Retail Market has presence of ~62,500 pharmacies as of 2019. The top five pharmacy chains on the basis of number of stores are Pharmacity, Long Chau, Guardian, Medicare and Phano Pharmacy as of November 2020. The competition in market is highly fragmented, with pharmacy chains accounting for a very small percentage of the total industry revenue as well as total number of stores. The organized chains are trying to establish a strong presence in the market by rapidly expanding their store network, offering various services such as integrating stores with latest technologies for better in-store experience, membership programs & loyalty schemes, special promotion offers and discounts, delivery services and more. Vietnam Pharmacy Retail Market Future Outlook & Projections: The industry is expected to witness a CAGR of 8.1% on the basis of revenue by 2025. Fast growing aging population is projected to positively impact the industry with median age in the country expected to hit 42.1 years by 2050. Pharmacy chains are expected to increase their presence in the future by opening new stores in the northern and central regions or acquiring small independent stores or regional chains. Seeing the opportunity in the country, pharmacy chains having large presence in South East Asia including Matsumoto Kiyoshi & Watsons have recently entered the market and more players are expected to enter into the industry and expand their presence. Vietnam Pharmacy Retail Market (Basis Revenue and Number of Pharmacies):- Vietnam Pharmacy Retail Market Segmentations (On the basis of Sales Volume) By Market Structure (On the basis of Revenue and Number of Pharmacies) Organized Market Unorganized Market By Product Category (On the basis of Revenue) Prescribed Drugs Over-the-Counter Products Non-Pharmaceutical Products Medical Equipment By Region (On the basis of Revenue & Number of Pharmacies) North Central South By Therapeutic Areas (On the basis of Revenue) Cardiovascular Anti-Diabetic Pain Relief/Analgesics Vitamins/Minerals/Nutrients Anti-Infective Respiratory Gastrointestinal Neuro Gynecology Others By Drug Type (On the basis of Revenue) Generics Patented By Location (On the basis of Number of Pharmacies) Street/Mall Based Hospital Based Pharmacy Retail Chains Covered:- Pharmacity Long Chau Guardian Medicare Phano Pharmacy An Khang Trung Son VinFa Eco Pharmacy My Chau SK Plus Pharmacy Key Target Audience:- Pharmaceutical Manufacturing Companies Pharmacy Retail Companies Independent Pharmacies Industry Associations Government and Regulatory Bodies Telemedicine Companies Pharmaceutical Distributors & Wholesalers Time Period Captured in the Report:- Historical Period: 2014-2019 Forecast Period: 2020-2025 Key Topics Covered in the Report:- Overview and Genesis of Vietnam Pharmacy Retail Industry Vietnam Demographics, Healthcare Overview & Health Statistics Usage of Contraception & Family Planning Practices in Vietnam Health Insurance Scenario Trends and Growth Drivers in the Industry and Challenges Faced Vietnam Pharmacy Retail Market Size and Segmentations, 2014-2019 Telemedicine & Growth of Hybrid Pharmacies Customer Decision Making Parameters & Brand Perception Mapping Industry SWOT Analysis and BCG Matrix Cross Comparisons between Pharmacy Retail Chains and Company Profiles Future Market Size and Segmentations, 2020-2025F Covid-19 Impact on the Industry, Future Trends & the Way Forward Analysts’ Recommendations For More Information on the research report, refer to below link:- Vietnam Pharmacy Retail Market Related Reports:- Taiwan Pharmacy Retail Market Outlook to 2025 – By Market Structure (Organized and Unorganized), By Region (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division and Eastern Division), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipment’s), By Drug Type (Generic And Patented) and By Therapeutic Class Philippines Pharmacy Retail Market Outlook to 2025 – By Market Structure (Organized and Unorganized), By Location (Standalone and Hospital Based), By Region (North, Central and South), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipments), By Drug Type (Generic and Patented) and By Therapeutic Class Thailand Pharmacy Retail Market Outlook to 2025 – By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: An Khang Pharmacy Number of Pharmacies Vietnam, An Khang Pharmacy Retail Market Sales, Central Vietnam Pharmacy Retail Market, Cổ phiếu Thị trường Bán lẻ Dược phẩm Guardian, Covid-19 Impact Vietnam Pharmacy Retail Industry, Covid-19 Impact Vietnam Pharmacy Retail Market, Covid-19 Tác động đến Ngành Bán lẻ Dược phẩm Việt Nam, Digital Health Enablers in Vietnam, Doanh thu thị trường bán lẻ dược phẩm Việt Nam, E-Pharmacies Vietnam, E-Prescription Market in Vietnam, Eco Pharmacy and SK Plus Retail Market Shares, Eco Pharmacy Number of Pharmacies Vietnam, Evaluation Study Vietnam Pharmacy Retail Market, Evaluation Summary Report Vietnam Pharmacy Retail Market, Evaluative Survey Vietnam Pharmacy Retail Market, Guardian Number of Pharmacies Vietnam, Guardian Pharmacy Retail Market Shares, Hanoi Number of Pharmacies, Hanoi Pharmacy Retail Market, Health Statistics in Vietnam, Ho Chi Minh Number of Pharmacies, Ho Chi Minh Pharmacy Retail Market, Hồ Chí Minh Thị trường bán lẻ dược phẩm, Industry Research Report Of Vietnam Pharmacy Retail, Long Chau Number of Pharmacies Vietnam, Long Chau Pharmacy Retail Market Sales, Market Research Report Of Vietnam Pharmacy Retail, Medical Equipment Sales Vietnam, Medicare Number of Pharmacies Vietnam, Medicare Pharmacy Retail Market Revenue, My Chau Pharmacy Number of Pharmacies Vietnam, My Chau Pharmacy Retail Market Revenue, Nhà thuốc Mỹ Châu Số nhà thuốc Việt Nam, North Vietnam Pharmacy Retail Market, Number of Drugstores Vietnam, Number of Pharmacies Vietnam, Number of Pharmacists Vietnam, Online Consultation Platforms Vietnam, Online Pharmacies Vietnam, OTC Sales Vietnam, Phano Pharmacy Number of Pharmacies Vietnam, Phano Pharmacy Retail Market Shares, Pharmacity Number of Pharmacies Vietnam, Pharmacity Pharmacy Retail Market Revenue, Pharmacy Retail Industry In Vietnam, Pharmacy Retail Market In Vietnam, Prescribed Drugs Sales Vietnam, SK Plus Pharmacy Retail Market Sales, Số lượng Dược sĩ Việt Nam, Social Evaluation Research Vietnam Pharmacy Retail Market, South Vietnam Pharmacy Retail Market, Thị trường bán lẻ dược phẩm Việt Nam, Thị trường bán lẻ vitamin hiệu thuốc Việt Nam, Thị trường Thuốc kê đơn Điện tử tại Việt Nam, Thị trường thuốc Việt Nam được cấp bằng sáng chế, Trung Son Number of Pharmacies Vietnam, Trung Son Pharmacy Retail Market Revenue, Vietnam Branded Generics Market, Vietnam Generic Drug Market, Vietnam Heath Insurance Scenario, Vietnam Hospital Based Pharmacy Retail Market, Vietnam Internet Medicine Market, Vietnam Major Medicine Sellers, Vietnam Mall Based Pharmacy Retail Market, Vietnam Medical Equipment Market, Vietnam Medicine Retail Market, Vietnam Non-Pharma Products Market, Vietnam Organized Pharmacies Market, Vietnam Patented Drug Market, Vietnam Pharmacy Retail Analgesics Market, Vietnam Pharmacy Retail Anti-Diabetic Market, Vietnam Pharmacy Retail Anti-Infective Market, Vietnam Pharmacy Retail Cardiovascular Market, Vietnam Pharmacy Retail Due Diligence Report, Vietnam Pharmacy Retail Gastro-Intestinal Market, Vietnam Pharmacy Retail Growth Strategy Market Report, Vietnam Pharmacy Retail Gynecological Market, Vietnam Pharmacy Retail Industry, Vietnam Pharmacy Retail Industry Research Report, Vietnam Pharmacy Retail Market, Vietnam Pharmacy Retail Market Analysis, Vietnam Pharmacy Retail Market Competition, Vietnam Pharmacy Retail Market Competition Benchmarking, Vietnam Pharmacy Retail Market Evaluation Report, Vietnam Pharmacy Retail Market Forecast, Vietnam Pharmacy Retail Market Future Outlook, Vietnam Pharmacy Retail Market Growth, Vietnam Pharmacy Retail Market Major Players, Vietnam Pharmacy Retail Market Research Report, Vietnam Pharmacy Retail Market Revenue, Vietnam Pharmacy Retail Market Revenue Forecasting, Vietnam Pharmacy Retail Market Shares, Vietnam Pharmacy Retail Market Size, Vietnam Pharmacy Retail Market Trends, Vietnam Pharmacy Retail Respiratory Market, Vietnam Pharmacy Retail Vitamins Market, Vietnam Prescribed Medicine Retail Market, Vietnam Street Based Pharmacy Retail Market, Vietnam Telemedicine And E-Prescription Providers, Vietnam Telemedicine Market, Vietnam Unorganized Pharmacies Market, VinFa Number of Pharmacies Vietnam, VinFa Pharmacy Retail Market Sales, Write An Evaluation Report On Vietnam Pharmacy Retail Market