Aging Population, Digitization and Rising Adoption of E-Pharmacies to Drive the Growth of Pharmacy Retail Industry in Vietnam: Ken Research Following its plan of setting up approximately 1,000 pharmacies by 2021, the number of Pharmacity stores crossed 500 in 2020. The company plans to open more than one store per day across the in 2021. In September 2020, the Ministry of Health launched a Telemedicine platform to provide remote consultation & treatment, linking over 1,000… Read More »
Vietnam Pharmacy Retail Market, Vietnam Pharmacy Retail Industry, Market Revenue: Ken Research How is Vietnam Pharmacy Retail Market Positioned? Vietnam is one of the fastest growing pharmaceutical markets in South East Asia. The pharmacy retail market, although having presence of pharmacy chains since many years, gained momentum particularly in the last decade with entry of new players and growing healthcare expenditure and health & wellness awareness. Various… Read More »
In-depth Analysis of the Impact of COVID-19 on Vietnam Pharmacy Retail Market: Ken Research The outbreak of the Corona Virus Pandemic has led to massive changes in the way the industries used to function; the healthcare sector of all the countries faced the major changes and perception of health and fitness also changed among the consumers. As of December 10, 2020, the number of cases crosses 68.8 million cases… Read More »
Growing Presence of Pharmacy Chains and Increasing Health Awareness Driving the Pharmacy Retail Industry in Vietnam: Ken Research Growing Per Capita Drug Expenditure: The per capita spending on medicines in Vietnam is consistently rising each year. The average drug expenditure per capita was USD 9.8 in 2005 & rose to USD 22.25 in 2010. It further grew from USD 34.48 in 2014 to USD 59.32 in 2019, witnessing a CAGR of ~11.5% over… Read More »
Vietnam Pharmacy Retail Market Outlook to 2025: Ken Research 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… Read More »
