Malaysia Pharmacy Retail Market Outlook to 2025

By Market Structure (Organized & Unorganized), By Location (Mall Based & High Street), By Product Sales (Prescribed Drugs, Generics, Non Pharmaceutical Products, Medical Equipments), By Drug Type (Patented & Generics) and By Therapeutic Class

Region:Asia

Author(s):Nishtha Noonwal

Product Code:KR1013

Download Sample Report download
Buy the Full ReportStarting from $4750
Published on

August 2020

Total pages

101

Table of Content

Download Sample Report download
Buy the Full ReportStarting from $4750

About the Report

About the Report

The report titled “Malaysia Pharmacy Retail Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Location (Mall Based & High Street),  By Product Sales (Prescribed Drugs, Generics, Non Pharmaceutical Products, Medical Equipments), By Drug Type (Patented & Generics) and By Therapeutic Class” provides a comprehensive analysis on the performance of the pharmacy industry in Malaysia. The report covers various aspects including number of pharmacies, revenue, trends & developments, issues & challenges faced by the industry, competition landscape, telemedicine market and more. The Malaysia pharmacy retail market report concludes with projections for future of the industry including forecasted revenue by 2025, market segmentations, Covid-19 impact and analysts’ take on the future.

Malaysia Pharmacy Market Overview and Size:

Malaysia Pharmacy Retail market in terms of revenue increased at a single digit CAGR over the review period 2013-2019. The market was observed to be at growth stage owing to growing intensity of competition among the retail pharmacies in the market in terms of wide product offering and value added services. The Malaysia pharmacy retail industry has grown at a CAGR of 9.7% on the basis of revenue and a CAGR of 3.9% on the basis of number of pharmacy retail outlets over the period 2013-2019. The market is booming owing to rising number of cases of NCDs, growing online pharmacy services, increasing government health expenditure, consolidation of smaller chains to expand in different regions and services such as Online Consultations & E-Prescriptions coupled with per capita health expenditure of individuals in Malaysia.

Malaysia Pharmacy Retail Market Segmentations

By Market Structure: Theorganized players in the industry dominated the revenues in pharmacy retail market in Malaysia in 2019. Organized market has established strong presence across all the regions in Malaysia that resulted in higher footfall of customers at these outlets. Moreover, the number and quality of services along with home delivery option resulted in higher orders from these pharmacy outlets in terms of pharmaceutical & non pharmaceutical products.

By Location: On the basis of revenue & number of stores, high street based pharmacies dominated the retail pharmacy market in Malaysia. However, the customer footfall & average basket size at mall based pharmacies was comparatively high as customers also purchased non-pharmaceutical products along with the medications.

By Product Sales: Prescribed medicines dominated the market in terms of revenue largely due to the higher costs of such medicines in 2019. Among the other product categories, Over-The-Counter and Non Pharmaceutical Products were consistently growing in terms of revenue share. Medical equipments being the last category showed stagnant growth over the years in the country.

By Drug Type: Generics Drugs in Malaysia pharmacy retail market dominated the market in terms of revenue as they are affordable by the majority of the population and are easily available to the customers in their nearby stores. On the other hand, patented drugs in the market are generally being recommended by the doctors and are usually taken for chronic diseases. These medicines are largely provided by the Government based pharmacies or dispensaries.

By Region: Selangor Region in Malaysia has the highest number of pharmacy retail outlets as in 2019. The region dominated the market in terms of revenues followed by Johor & Kuala Lumpur largely due to the presence of major organized chains & higher Out of Pocket Expenditure.

By Therapeutic Class: Anti-Infective dominated the market in terms of revenue followed by Cardiovascular in 2019 majorly due to the number of cases that have almost doubled over the years. It is followed by Pain/Analgesics, Vitamins Minerals & Nutrients, Anti-Biotics & Respiratory.

Competitive Landscape of Malaysia Pharmacy Retail Market

The industry is highly competitive with 35+ organized chain brands present across almost every region in Malaysia. The market is moderately concentrated with the top 5 players namely Watsons, Guardian, Caring, Healthlane & Alpro Pharmacy. However, in terms of Pure Pharmacy medication sales Caring Pharmacy, Alpro Pharmacy, Multicare & Big Pharmacy dominated the market.  The players in the industry compete on the basis of parameters such as Number of Pharmacy Stores, Geographical Presence, Brand Recognition and Partnerships with Telemedicine & E-Prescription Providers, product portfolio, online deliveries & Other Value Added Services.

Malaysia Pharmacy Market Future Outlook & Projections

The customer footfall at pharmacy retail outlets reduced under Movement Control Order by Malaysian Government amidst the Covid-19 pandemic will witness growth by the end of 2025. The growing demand from the customers along with the online platforms to place order will drive the growth in the industry. Increasing per capita health expenditure, number of NCD patients along with ease in availability of medicines and future acquisitions & partnerships in terms of expansion & service addition in the portfolio will drive the pharmacy retail industry in future in Malaysia.

Products

Products

Key Segments Covered

By Market Structure (Number of Pharmacy Outlets & Revenue in USD Mn)

Organized

  • Organized Mall Based
  • Organized High Street Stores

Unorganized

  • Unorganized Mall Based
  • Unorganized High Street

By  Location (Number of Pharmacy Outlets & Revenue in USD Mn

Mall Based

  • Prescribed Drugs
  • Over-The-Counter
  • Non Pharmaceutical Products
  • Medical Equipments

High Street

  • Prescribed Drugs
  • Over-The-Counter
  • Non Pharmaceutical Products
  • Medical Equipments

By Product Sales

  • Prescribed Drugs
  • Over-The-Counter
  • Non Pharmaceutical Products
  • Medical Equipments

By Sales

  • Patented Drugs
  • Generics

By Region

  • Selangor
  • Johor
  • Kuala Lumpur
  • Sarawak
  • Others

By Therapeutic Areas

  • Anti-Infective
  • Cardiovascular
  • Pain/Analgesics
  • Vitamins/Minerals/Nutrients
  • Antibiotic
  • Respiratory
  • Gastro Intestinal
  • Gynaecology
  • Neuro
  • Others

Key Target Audience

  • Pharmaceutical Manufacturing Companies
  • Pharmacy Retail Companies
  • Independent Pharmacies
  • Industry Associations
  • Regulatory Bodies
  • Telemedicine Companies
  • Pharmaceutical Distributors & Wholesalers

Time Period Captured in the Report:-

  • Historical Period – 2013-2019
  • Forecast Period – 2020-2025

Key Topics Covered in the Report

  • Overview of Malaysia Pharmacy Retail Market
  • Trends and Growth Drivers in the Industry and Challenges Faced
  • Malaysia Pharmacy Retail Market Size and Segmentations, 2013 - 2019
  • Ecosystem and Value Chain of Pharmacy Retail Market in Malaysia
  • Distributors & Wholesalers Landscape in Malaysia Pharmacy Retail Market
  • Industry SWOT Analysis and BCG Matrix
  • Telemedicine & Online Consultations Snapshot
  • Contraceptive Demand among Customers in Malaysia
  • Cross Comparison between Major Players and Company Profiles
  • Future Market Size and Segmentations, 2020P-2025F
  • Covid-19 Impact on the Industry & the Way Forward
  • Analysts’ Recommendations


Companies

Companies Covered

  • Watsons Malaysia
  • Guardian Pharmacy
  • Caring Pharmacy
  • Alpro Pharmacy
  • Healthlane Pharmacy
  • Multicare Pharmacy
  • AM PM Pharmacy
  • Cosway Farmasi
  • Aeon Wellness
  • AA Pharmacy

Table of Contents

Table of Contents

1. Executive Summary

2. Malaysia Pharmacy Retail Market, Overview

Malaysia Pharmacy Retail Market Introduction

Industry Cycle of Malaysia Pharmacy Retail Market

List of Private Hospitals & Women Health Doctors in Malaysia

List of Government Hospitals & Women Health Doctors in Malaysia

Contraceptive Usage in Malaysia

Health Insurance in Malaysia

3. Malaysia Pharmacy Retail Market Supply

Market Structure & Value Chain Analysis in Malaysia Pharmacy Retail Market

Ecosystem of All Major Entities (Manufacturers, Distributors & Pharmacy Players)

Timeline of Major Players in Malaysia Pharmacy Retail Market

Geographical Presence of Major Players by Number of Pharmacy Stores in Malaysia

Delivery Model of Pharmacies in Malaysia

Wholesalers & Distributors Landscape in Malaysia Pharmacy Retail Market

Telemedicine & E-Prescription Scenario in Malaysia

Cross Comparison (Business Model, Services Offered, Partnerships & Other KPIs)

Telemedicine E-Prescription Providers Matrix (Type of Service & Presence)

4.  Malaysia Pharmacy Retail Market Demand

Malaysia Pharmacy Retail Market Size, By Revenue & Number of Stores, 2019

Market Segmentations: By Market Structure (Organized & Unorganized), 2019

By Location (Mall Based & High Street), 2019

By Region (Kuala Lumpur, Johor, Selangor, Sarawak & Others), 2019

By Sales (Prescribed Drugs, Over-The-Counter, Non Pharmaceutical Products & Medical Equipments), 2019

By Drugs (Patented & Generics), 2019

By Therapeutic Areas (Anti-Infectives, Cardiovascular, Pain/Analgesics , Vitamins/Minerals /Nutrients, Antibiotic, Respiratory, Gastro Intestinal, Gynecology, Neuro & Others), 2019

Ophthalmology Snapshot (Prevalence Rate of Eye Diseases & Major Hospitals and Doctors)

5. Industry Analysis

Government Regulations in Malaysia Pharmacy Retail Market

Regulation: Online Sale of Medicines in Malaysia

BCG Matrix in Malaysia Pharmacy Retail Market

SWOT Analysis in Malaysia Pharmacy Retail Market

Trends & Developments in Malaysia Pharmacy Retail Market

Issues & Challenges in Malaysia Pharmacy Retail Market

6. Competitive Landscape of Malaysia Pharmacy Retail Market

Market Share of Major Players by Revenue & Number of Stores, 2019

Strength and Weakness of the Major Players (Watsons, Guardian, Caring, Health Lane, Alpro, Multicare Pharmacy, Big Pharmacy, AM PM Pharmacy, Cosway Pharmacy, AA Pharmacy)

Business Landscape of 7 Major Players (YoE & Headquarters, Locations, No. of Stores, Product Offering, Future Strategy & Expansion, Online Presence)

Value Added Services by Major Players in Malaysia Pharmacy Retail Market (Watsons, Guardian, Caring, Health Lane, Alpro Pharmacy, Big Pharmacy, Cosway Pharmacy, AM PM Pharmacy, Aeon Wellness, Multicare Pharmacy)

Company Profiles (Watsons, Guardian, Caring, Health Lane, Alpro, Multicare Pharmacy, Big Pharmacy, Cosway Pharmacy, AM PM Pharmacy, Aeon Wellness)

Current & Future Partnerships in Malaysia Pharmacy Retail Market

7. COVID Impact

COVID Impact on Malaysia Pharmacy Retail Market Operations

8. Malaysia Pharmacy Retail Market Future Outlook, 2025F

Malaysia Pharmacy Retail Market Future Outlook (Revenue, Number of Stores), 2019-2025F

Future Segmentation: Market Structure (Organized & Unorganized) and Location (Mall Based & High Street), 2025F

Further Segmentation of Market Structure by Location, 2020P & 2025F

By Sales (Prescribed Drugs, Over-The-Counter, Non Pharmaceutical Products & Medical Equipments) 2020P & 2025F

By Therapeutic Class (Anti-Infective, Cardiovascular, Gastro Intestinal, Anti Diabetic, Vitamins, Minerals and Nutrients, Respiratory, Pain Analgesics, Dermatology, Neuro, Gynecological and Others), 2025F

By Product Type (Patented & Generics), 2025F

9. Analyst Recommendation and Industry Speaks

Analyst Recommendations

Partnerships & Acquisition Strategies

Contraceptive & Marketing Strategies

Industry Speaks

10. Research Methodology and Appendix

11. Research Approach and Methodology

12. Research Limitations

Disclaimer

Contact Us

You can also purchase parts of this report.
Do you want to check out a section wise price list?
Get Price Break-up

Why Buy From US?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022