MarkNtel Advisors recently published a report, titled, ” Thailand Pharmacy Retail Market Thailand Pharmacy Retail Market – By Market Structure (Organized, Unorganized), By Type (Online, Offline), By Product Category (Medical Equipment, Non-pharmaceutical Products, Prescribed Drugs, Medical Devices, Baby Care Products, Personal Care & Hygiene Products, Others). As per as the report The Thailand Pharmacy Retail Market size is expected to exhibit a growth rate (CAGR) of around 3.2% during the forecast period, i.e., 2024-2030.
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Thailand Pharmacy Retail Market Driver:
Rising Consumer Demand for Telemedicine Companies Offering Online Consultations – The growth of the Thailand Pharmacy Retail Market is propelled by increasing customer footfalls, coupled with a surge in telemedicine players offering online consultations. As healthcare awareness rises and access to medical services becomes more convenient, consumers increasingly seek out pharmacies for their healthcare needs. Pharmacies serve as accessible points of contact for obtaining medications, health products, and professional advice.
Additionally, the proliferation of telemedicine platforms in Thailand has expanded access to healthcare services, allowing patients to consult with healthcare professionals remotely. This trend complements traditional pharmacy services by providing convenience & accessibility, especially for individuals with mobility issues or those residing in remote areas. Pharmacies are capitalizing on this trend by partnering with telemedicine providers, offering medication delivery services, and integrating digital platforms to enhance customer experiences.
Leading Companies in Thailand Pharmacy Retail Market:
Arin Care Co. Ltd., The Boots Company PLC, Ranbaxy Co. Ltd., 7Eleven, Tops Online, Boots Retail (Thailand) Co, Ltd., Walgreen Boots Alliance, Drug Care Co. Ltd., Others
Thailand Pharmacy Retail Market Segmentation:
By Market Structure
-Organized- (Market Size & Forecast 2019-2030, (USD Million)
-Unorganized- (Market Size & Forecast 2019-2030, (USD Million)
By Type
-Online- (Market Size & Forecast 2019-2030, (USD Million)
-Offline- (Market Size & Forecast 2019-2030, (USD Million)
By Product Category
-Medical Equipment- (Market Size & Forecast 2019-2030, (USD Million)
-Non-pharmaceutical Products- (Market Size & Forecast 2019-2030, (USD Million)
-Prescribed Drugs- (Market Size & Forecast 2019-2030, (USD Million)
-Medical Devices- (Market Size & Forecast 2019-2030, (USD Million)
-Baby Care Products- (Market Size & Forecast 2019-2030, (USD Million)
-Personal Care & Hygiene Products- (Market Size & Forecast 2019-2030, (USD Million)
-Others (First Aid Supplies, Orthopedic Support, etc.)- (Market Size & Forecast 2019-2030, (USD Million)
By Drug Type
-Generics- (Market Size & Forecast 2019-2030, (USD Million)
-Over-the-Counter (OTC)- (Market Size & Forecast 2019-2030, (USD Million)
-Patented- (Market Size & Forecast 2019-2030, (USD Million)
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By Region
-Central
-Northeast
-North
-South .
Key questions answered in the Thailand Pharmacy Retail Market are:
•What is Thailand Pharmacy Retail Market?
•What was the market size in 2023?
•What is the growth rate of the Thailand Pharmacy Retail Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Thailand Pharmacy Retail Market?
•What segments are covered in the Market?
•Who are the key players in the Thailand Pharmacy Retail Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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