The Pharmacy Retail Market in Australia has grown moderately over the years. The increase in the number of pharmacists, the proportion of an ageing population, the increasing number of healthcare problems, per capita healthcare expenditure, the number of insured patients, the PBS Scheme, and other factors have aided the growth of the Australia Pharmacy Retail Market. The regions with the highest customer footfall and average basket size are New South Wales, Victoria, and Queensland. The expansion of pharmacies in terms of number of stores, services, and home deliveries of medications to patients in the country aided market growth.
The COVID-19 epidemic has caused expansion in both typical pharmacy retail stores and online pharmacy channels to accelerate. Although medical retail stores were considered essential services, the virus danger made online pharmacies the most widely used place to obtain drugs and medical supplies. Due to the numerous COVID-19 waves, there has been a spike in demand for common medications, personal protection gear, health supplements, and medical devices from internet pharmacies.
Australia Pharmacy Retail Key Market Players:
The study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Corum Health, FRED ID, Minfos, Mountaintop Solutions, Posworks, RxOne, Simple Retail, Zsoftware
Australia Pharmacy Retail Market Segmentation:
By Market Structure: Based on the Market Structure, Australia Pharmacy Retail is segmented as; Organized (Prescribed Drugs, Over-The-Counter, Non-Pharmaceutical Products, Medical Equipment), Unorganized (Prescribes Drugs, Over-The-Counter, Non-Pharmaceutical Products, Medical Equipments).
By Product Sales: Based on the Product Sales, Australia Pharmacy Retail Market is segmented as; Business, Leisure.
By Type of Pharmacies: Based on the Type of Pharmacies, Australia Pharmacy Retail Market is segmented as; Prescribed Drugs, Over-The-Counter, Non-Pharmaceutical Products, Medical Equipments.
By Drug Type: Based on the Drug Type, Australia Pharmacy Retail Market is segmented as; Patented Drugs, Generics.
By Therapeutic Areas: Based on the Therapeutic Areas, Australia Pharmacy Retail Market is segmented as; Anti-infective, Cardiovascular, Central Nervous System, Pain, Vitamins/Minerals/Nutrients, Antibiotics, Respiratory, Gastro Intestinal.
By Region: This report also provides the data for key regional segments of New South Wales, Queensland, South Australia, Tasmania, Victoria, Western Australia, Others.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.