A Pill for Success: Exploring Taiwan’s Thriving Pharmacy Market: Ken Research Taiwan’s pharmacy market has experienced remarkable growth in recent years, boasting an impressive network of 8,129 pharmacies. As of December 31, 2019, Taiwan had a total of 250+ Western medicine manufacturers and 9,800+ Western medicine dealers operating in the market. STORY OUTLINE Healthcare expenditure per household in Taiwan has increased, reflecting the country’s commitment to… Read More »
2025 Vision: Taiwan’s Pharmacy Market Skyrockets to USD 4.6 Bn: Ken Research The Taiwan pharmaceutical market is projected to reach $4.6 Bn by 2025. Unlike neighbouring countries like Japan and China, the presence of pharmacy chains in Taiwan is comparatively lower. STORY OUTLINE The pharmacy market in Taiwan has grown by ~2.5% in recent years, with an increasing emphasis on the utilization of Western medicine. In 2019, Taiwan… Read More »
