Indonesia Pharmacy Retail Market:– The Growing Penetration of…

Ken Research Pvt. Ltd

Ken Analysis Pvt. Ltd

The report covers 1 MG Market Income in Indonesia, 3PL Logistic Gamers inIndonesia, Analisis Pasar Ritel Apotek Indonesia, Apotek Okay-24 Variety of Shops Indonesia, Common Income per Pharmacy Indonesia, Century Apotek Logistic Companions, Century Apotek Market Share, Century Apotek Variety of Shops Indonesia, COVID 19 Influence on Indonesia Pharmacy Retail Market, COVID Influence on Contraceptive Utilization in Indonesia, COVID-19 Influence on Telemedicine in Indonesia, Indonesia Drug Supply Main Gamers, Indonesia E-Pharmacy Subscription Mannequin, Indonesia Guardian Market Share, Indonesia On-line Pharmacy Market Competitors, Indonesia On-line Prescription Medicines, Indonesia Organized Pharmacy Retail Market, Indonesia Patented & Generic Medicine Market Dimension, Indonesia Pharmaceutical Market, Indonesia Pharmacy Retail Business, Medication Distributors future in Indonesia.

Gurugram, India, March 07, 2022 (GLOBE NEWSWIRE) — Key Findings:-

  • The nationwide pharmaceutical trade is projected to develop this yr as a result of the variety of individuals within the Nationwide Well being Insurance coverage – Wholesome Indonesia Card (JKN-KIS) continues to develop. As of thirty first December 2019, the variety of individuals in BPJS is 224 million individuals and has exceeded 83% of the full inhabitants of Indonesia.

  • Generic medication are broadly used as a substitute for high-priced patented medication. The excessive value of medication is the results of drug uncooked supplies being imported. By the JKN program, the federal government regulates the costs in order that medicines are throughout the attain of individuals’s buying energy.

  • The adoption of on-line channels for buying medicines is slowly rising as a spill-over of the Covid-19 pandemic. In 2020, Common Well being Protection launched their app, Cellular JKN software for medical consultations with docs. The app additionally options supply of medicines through courier from main clinic pharmacies.

Excessive Prevalence of Way of life- Associated Ailments: Excessive per capita earnings, sedentary way of life and unhealthy consuming habits have promoted an inactive way of life among the many individuals of Indonesia over the previous few years. This has elevated the incidence of assorted life-style associated well being points amongst the nation’s inhabitants which has been a significant driving drive behind the expansion of pharmacy retail sector. As of December 2019, 13.5% of adults aged 18 are chubby and 28.7% are overweight (BMI>25) in Indonesia.

Development in On-line Retail: As a way to enhance accessibility and comfort, nearly all the main pharmacy retail chains have began providing their merchandise by on-line portals. With the expansion of well being aware individuals, the demand for dietary merchandise and dietary supplements have elevated. This has facilitated the sale of such merchandise by on-line channels. That is additional supported by rising medical consciousness and enhance in variety of web customers in Indonesia. The variety of web customers in Indonesia elevated from 89.3 million in 2015 to 175.4 million customers in 2019.

Elevated Life Expectancy and Ageing Inhabitants: The life expectancy for Indonesia in 2019 was 71.59 years, a 0.25% enhance from 2018. Additionally, ladies have increased expectancy fee than males. It’s estimated that in 2025 there shall be 33.69 million people with age >60 years. These statistics replicate improved technique of controlling communicable illnesses and higher medical facilities. These two components have regularly led to a rise in median age of the inhabitants of Indonesia. Usually, particular person healthcare expenditure is excessive in the course of the later stage of an individual’s life. With rising previous age inhabitants, sale of medicines within the nation has additionally inclined over years.

Plummeting Pharmaceutical Demand as a consequence of Covid-19: The demand for medicines decreased by as a lot as 50% in the course of the corona virus pandemic. This was as a consequence of low demand, particularly from hospitals which are empty of tourists as a consequence of Covid-19. This was additional fuelled by individuals restraining from visiting the pharmacy amid worry of contracting the virus. The social distancing norms and the imposed lockdown have adversely impacted the pharmacy retail trade in Indonesia. Aside from manufacturing and utility points, pharmaceutical corporations skilled money stream difficulties as a consequence of the truth that many hospitals are nonetheless in arrears for drug funds. In July 2020, whole unpaid payments to well being services reached IDR 3.0 trillion. The demand for medication within the nation remained low on the beginning of 2020, nonetheless there was enhance in demand for OTC merchandise within the second half of the yr. Sluggish restoration is predicted in 2021. The producers are anticipated to shift focus in direction of generic medicines together with launch of latest OTC merchandise as a consequence of rising self medicine developments within the nation.

Analysts at Ken Analysis of their newest publication Indonesia Pharmacy Retail Market Outlook to 2025 By Market Construction (Organized & Unorganized); By Area (West Java , East Java , Central Java , Jakarta , North Sumatra & Others); By Product Classes (Prescribed, OTC, Non-Pharmaceutical Merchandise & Medical Gear); By Therapeutic Areas; and By Product Kind (Patented & Generic Medicine)noticed that in Indonesia is likely one of the largest pharmaceutical merchandise market in South East Asia and is slowly recovering from the financial disaster after pandemic. The rising insurance coverage penetration within the nation together with rising demand for OTC merchandise is driving the expansion of the trade. Growing deal with promotional and advertising and marketing actions, new product launches, partnerships & collaborations are anticipated to drive the trade sooner or later. The Indonesia Pharmacy Retail Market is predicted to develop at a CAGR of 1.5% on the idea of gross sales income over the forecast interval 2019-2025.

Key Segments Coated:-

  • By Market Construction (Organized & Unorganized),

  • By Kind of Product (Prescribed Medicine, Over-The-Counter, Non Pharmaceutical Merchandise & Medical Equipments)

  • By Area (West Java , East Java , Central Java , Jakarta , North Sumatra & Others)

  • By Kind of Medicine (Patented & Generics)

  • By Therapeutic Areas (Anti-Infective, Cardiovascular, Ache/Analgesics , Nutritional vitamins/Minerals /Vitamins, Antibiotic, Respiratory, Gastro Intestinal, Gynecology, Neuro & Others)

Corporations Coated:-

  • Kimia Farma Apotek

  • Apotek Okay-24

  • Guardian

  • Watsons

  • Century

  • Viva Apotek

  • Griya Farma

Key Goal Viewers:-

  • Pharma/Medication Producers

  • Medication Distributors/Wholesalers

  • Well being Dietary supplements and OTC Merchandise Producers

  • 3PL Logistic Gamers

  • Authorities Group catering to the Pharmaceutical Business

  • E-Pharmacy Gamers

  • Offline Pharmacy Gamers

  • Hospitals

  • Business Associations

Time Interval Captured within the Report:-

Key Matters Coated within the Report:-

  • Healthcare Overview of Indonesia

  • Developments and Development Drivers within the Business and Challenges Confronted

  • Contraceptive Utilization and Developments in Indonesia

  • Indonesia Pharmacy Retail Dimension and Segmentations, 2014 – 2019

  • Ecosystem and Worth Chain of Pharmacy Retail Business in Indonesia

  • Business SWOT Evaluation and BCG Matrix

  • Buyer Determination Making Parameters

  • Cross Comparability between Main Gamers and Firm Profiles & Product Portfolios

  • Future Market Dimension and Segmentations, 2019-2025F

  • Covid-19 Influence on the Business & the Approach Ahead

  • Analysts’ Suggestions

  • Indonesian Pharmaceutical Business

  • Indonesia Pharmacy Retail Market

  • Indonesia On-line Pharmacy Market Competitors

  • Indonesia Offline Pharmacy Market Competitors

  • Variety of Pharmacy Corporations in Indonesia

  • Variety of On-line Pharmacy Corporations in Indonesia

  • Prescribed drugs Supply Gamers Indonesia

  • Drug Supply Gamers Indonesia

  • Main E-Pharmacy Gamers Indonesia

  • Snapshot Indonesia Pharmacy

  • Common Income Per Pharmacy Indonesia

  • Kimia Apotek Variety of Shops Indonesia

  • Century Apotek Variety of Shops Indonesia

  • Watsons Variety of Shops Indonesia

  • Apotek Okay-24 Variety of Shops Indonesia

  • Kimia Apotek Income Indonesia

  • Century Apotek Income Indonesia

  • Watsons Income Indonesia

  • Apotek Okay-24 Income Indonesia

  • Guardian Income Indonesia

  • Logistics Prices On-line Pharmacy Indonesia

  • Over the Counter Medicine Gross sales Indonesia

  • Prescription Medicine Gross sales Indonesia

  • Kimia Farma Logistic Companions

  • Guardian Apotek Logistic Companions

  • Century Apotek Logistic Companions

  • On-line Well being Session Corporations in Indonesia

  • 1 MG Market Share

  • Kimia Apotek Market Share

  • Century Apotek Market Share

  • Watsons Income Market Share

  • Apotek Okay-24 Market Share

  • Guardian Market Share

  • On-line Prescription Medicines

  • On-line OTC Medicines

  • Variety of Pharmacies in Indonesia

  • Rules for Pharmacies in Indonesia

  • Variety of Midwives in Indonesia

  • Area Smart Pharmacies Indonesia

For Extra Info on the analysis report, confer with under hyperlink:-

Indonesia Pharmacy Retail Market

Associated Experiences:-

Thailand Pharmacy Retail Market Outlook to 2025 – By Market Construction (Organized & Unorganized Phase); By Area / Cities (Bangkok & its Neighborhood, Central, South, Northeast, North, Jap & West); By Product Classes (Prescribed, OTC, Non-Pharmaceutical Merchandise and Medical Gear); By Therapeutic Areas; and By Product Kind (Patented & Generic Medicine)

Unstable progress was noticed inside Thailand pharmacy retail market as a number of pharmacy shops closed as a result of non-compliance of GPP requirements required by the FDA. Nonetheless, the closure of pharmacy retailers resulted in increased buyer footfall in different pharmacies; therefore a decrease income progress fee was recorded within the yr 2019. The market was noticed within the progress stage owing to the rising depth of competitors among the many retail pharmacies available in the market by way of vast product providing and worth added companies. The franchise mannequin has turn into fairly in style with new chains adapting to this mannequin for quicker retailer growth. Furthermore, the collaboration between state hospitals and small chains has helped sufferers being handled below “UHC” alongside the expansion of pharmacy shops. Change in inhabitants construction i.e. the transition to the Thai getting older society has led to a surge in medication (together with dietary dietary supplements) demanded in direction of continual illnesses comparable to hypertension, diabetes, and others. The market is booming owing to the rising variety of circumstances of NCDs, on-line pharmacy companies, rising authorities well being expenditure, and different progress drivers.

Taiwan Pharmacy Retail Market Outlook to 2025 – By Market Construction (Organized and Unorganized), By Area (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division and Jap Division), By Product Gross sales (Prescribed Medicines, OTC Merchandise, Non Pharma Merchandise and Medical Gear’s), By Drug Kind (Generic And Patented) and By Therapeutic Class

The Taiwan Pharmacy Retail Market is a rising market. The nation has common protection of medical health insurance which covers each western medicines and conventional Chinese language medicines. The Nationwide Well being Insurance coverage offers drug reimbursement during which greater than 17,000 pharmaceuticals are coated. On this mannequin, the client must make small co-payment (with a view to keep away from the wastage and misuse of drug) and the remaining quantity is sponsored by the federal government. The chain pharmacy shops are rising their presence by opening new shops and buying impartial shops or small regional chains. Some pharmacy chains have additionally adopted the franchise mannequin for retailer growth. Pharmacies chains are specializing in promoting excessive margin merchandise comparable to Maternal and Child Provides, Cosmetics, Dietary Dietary supplements and others with a view to enhance the profitability of their shops. The Taiwan Pharmacy Retail Market witnessed a income progress of two.8% throughout 2014-2019.

Philippines Pharmacy Retail Market Outlook to 2025 – By Market Construction (Organized and Unorganized), By Location (Standalone and Hospital Based mostly), By Area (North, Central and South), By Product Gross sales (Prescribed Medicines, OTC Merchandise, Non Pharma Merchandise and Medical Equipments), By Drug Kind (Generic And Patented) and By Therapeutic Class

The Philippines Pharmacy Retail Market is a booming trade backed by the rising demand for the generic medicines and enhance within the variety of chain pharmacies. The market had presence of various sort of pharmacy shops comparable to Chinese language drugstores, conventional medication retailers which are actually changed with trendy American model pharmacies. The impartial pharmacies and regional chains are being acquired by large nationwide chains for expedited growth. Additional, some chains have additionally adopted the franchise mannequin for retailer growth. The excessive value for pharmaceutical merchandise has shifted the patron in direction of the consumption of generic medicines which are actually in excessive demand. The federal government is revamping the general public medication distribution system with a view to make them accessible to the individuals in rural areas. On-line pharmacies are a comparatively new idea and are gaining traction within the area. The market witnessed a progress of three.4% throughout 2014-2019.

Vietnam Pharmacy Retail Market Outlook to 2025-By Market Construction (Organized & Unorganized); By Area (North, South & Central); By Hospital-based & Avenue/Mall-based; By Product Classes (Prescribed, OTC, Non-Pharmaceutical Merchandise & Medical Gear); By Therapeutic Areas; and By Product Kind (Patented & Generic Medicine)

The Vietnam Pharmacy Retail Market is in rising stage with rising healthcare consciousness as a consequence of progress of ageing inhabitants and rising per capita drug expenditure. The rising circumstances of non-communicable illnesses have additionally contributed to the expansion within the demand for medication throughout varied therapeutic lessons. Lately, chain pharmacy shops have been rising their presence by opening new shops in numerous provinces. Authorities initiatives comparable to launching of a nationwide medication database in addition to telemedicine platform are additionally positively impacted the trade. Vietnam Pharmacy Retail Market witnessed a income progress of 6.8% throughout 2014-2019 and CAGR of 8.7% foundation variety of pharmacies.

Kuwait Retail Pharmacy Market Outlook to 2022 – By Kind of Pharmacy (Pharmacy Chains, Unbiased Pharmacies and Hospital/Clinic Based mostly Pharmacies); By Kind of Medicine (Cosmetics, Meals Dietary supplements and Medicine), By Kind of Gross sales Channels (Offline and On-line)

Kuwait retail pharmacy market is in its rising stage and has elevated at a constructive single digit CAGR in the course of the interval 2012-2017 majorly as a consequence of rising inhabitants, surge in pharmaceutical imports, and rising prevalence of illnesses comparable to Weight problems, infectious and continual illnesses comparable to most cancers throughout the nation. It has been noticed that the development in direction of preventive healthcare witnessed an increase consistent with a rise in healthcare consciousness in the course of the evaluate interval, thus supporting growth of the cosmetics and meals dietary supplements together with the OTC section and rising demand for nutritional vitamins and dietary supplements, weight reduction formulations, and smoking cessation aids has led the retail pharmacy market positively. Then again, progress in healthcare sector has resulted in widespread of each standalone and pharmacy chains within the nation.

Contact Us:-
Ken Analysis
Ankur Gupta, Head Advertising and marketing & Communications
[email protected]

CONTACT: Contact Us:- Ken Analysis Ankur Gupta, Head Advertising and marketing & Communications [email protected] +91-9015378249

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