Pharmacy Retail Market In India 2023


Posted August 30, 2019 by aarkstore2018

Indian market is helping the market expand rapidly. Looking at the potential of this segment, several offline retailers too have started online stores in order to increase revenue.

 
Growing health awareness among consumers and knowledge of the additional services offered by organized players shall result in a gradual shift from unorganized pharmacies towards modern pharmacy retail outlets.

Key growth factors:-
Enhancement in medical infrastructure, growth in the number of middle class households and increased penetration of health insurance highly impact the growth of the domestic pharmaceuticals sector.

Stress, sedentary lifestyles and unhealthy food habits are the most common reasons for the increase in the number of patients who suffer from lifestyle-based ailments. This will regulate medication on an ongoing basis, which in turn will make prescription-based medicines mandatory that will help in the expansion of the pharmacy retail market in India.

Company Profiled:-
Apollo Pharmacy Private Limited,
Emami Frank Ross Limited,
MedPlus Health Services Private Limited,
Netmeds Marketplace Limited,
RWL Healthworld Limited
The Himalaya Drug Company Private Limited
are some of the major players operating in the Indian pharmacy retail market.


Know more about this:- www.aarkstore.com/pharmaceuticals-healthcare/984788/pharmacy-retail-market-in-india-2018-2023
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Tags india pharmacy retail network , indian pharmaceutical sector , indian retail pharmacy industry , indian retail pharmacy market , pharmacy retail market growth in india , pharmacy retailing in india
Last Updated August 30, 2019