Vietnam Pharmacy Retail Market Report 2022-2027: Significant Growth Expected, Driven by Consumer Preference Towards Online Pharmaceutical Shopping and Rising Incidences of Lifestyle Diseases – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Vietnam Pharmacy Retail Market, By Market Structure (Organized v/s Unorganized), By Product Type, By Therapeutic Area, By Drug Type, By Pharmacy Location, By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.

Vietnam pharmacy retail market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the shifting consumer preference towards online pharmaceutical shopping and rising incidences of lifestyle diseases such as diabetes, hypertension, obesity, etc.

Besides, increasing consumption of junk food items, less physical activities, smoking and drinking habits, etc., is leading to greater demand for drugs and medicines, aiding the growth of the Vietnam pharmacy retail market. The rapidly increasing geriatric population and growth in the number of middle-class households, and the country’s growing economy are contributing to the growth of the Vietnam pharmacy retail market.

The emergence and ease of availability of traditional healthcare products and rapidly evolving medical infrastructure in the country are expected to support the growth of the Vietnam pharmacy retail market. Many pharmacy chains have ventured into the hybrid pharmacy model, launching their online websites and mobile apps to enable customers to purchase products anytime and anywhere, which is anticipated to boost the growth of the Vietnam pharmacy retail market. Increased initiatives from the government to aid new ventures and rising sales of pharmaceutical products like over-the-counter drugs, prescription drugs, portable medical equipment, and some related FMCG products are driving the growth of the Vietnam pharmacy retail market.

The Vietnam pharmacy retail market is segmented on the basis of market structure, product type, therapeutic area, drug type, pharmacy location, competitive landscape, and regional distribution. Based on market structure, the market is divided between organized and unorganized market structures. The organized market structure is expected to hold the largest share in the Vietnam pharmacy retail market during the forecast period on account of the increased interest of major corporations and individual entrepreneurs in this segment and the shift in consumer preferences to turn to modern pharmacy retail outlets for purchasing regular prescription drugs and other wellness products.

Report Scope:

In this report, Vietnam pharmacy retail market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam Pharmacy Retail Market, By Market Structure:

• Organized
• Unorganized

Vietnam Pharmacy Retail Market, By Product Type:

• Prescribed Drugs
• Over-the-Counter Products
• Non-Pharmaceutical Products
• Medical Equipment

Vietnam Pharmacy Retail Market, By Therapeutic Area:

• Cardiovascular
• Anti-Diabetic
• Pain Relief/Analgesics
• Vitamins/Minerals/Nutrients
• Anti-Infective
• Others

Vietnam Pharmacy Retail Market, By Drug Type:

• Generic
• Patented

Vietnam Pharmacy Retail Market, By Pharmacy Location:

• Street/Mall Based
• Hospital Based

Vietnam Pharmacy Retail Market, By Region:

• Northern
• Central
• Southern

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Key Topics Covered:

1. Service Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Vietnam Pharmacy Retail Market

5. Voice of Customer

6. Vietnam Pharmacy Retail Market Outlook

7. Vietnam Street/Mall Based Pharmacy Retail Market Outlook

8. Vietnam Hospital Based Pharmacy Retail Market Outlook

9. Market Dynamics

10. Market Trends & Developments

11. Policy & Regulatory Landscape

12. Vietnam Economic Profile

13. Competitive Landscape

14. Strategic Recommendations

Companies Mentioned

• Long Chau & Phano Pharmacy
• Pharmacity
• Medicare
• Phano Pharmacy
• Mobile World Group (An Khang Pharmacy)
• My Chau Pharmacy
• ECO Phamaceuticals
• VinFa (Vingroup)
• Ku.Dos Pharmaceutical Joint Stock Company
• SK Pharmacy Group

For more information about this report visit https://www.researchandmarkets.com/r/coh4q1

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