|[June 19, 2014]
Research and Markets: United Kingdom Retail Pharmacies Market Report 2014
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/vf5tgw/retail_pharmacies)
has announced the addition of the "Retail
Pharmacies Market Report 2014" report to their offering.
This Market Report analyses the market for retail pharmacies in the UK.
Pharmacies dispense pharmaceutical products, which are available as
prescription-only medicines (POM). They also sell over-the-counter (OTC)
medicines, in addition to a range of consumer products, including
cosmetics and fragrances, toiletries and electronic goods. Community
pharmacies also offer services such as advice on giving up smoking,
diabetic support services and pregnancy testing.
Retail sales of pharmaceuticals, medical goods and cosmetic and toilet
articles grew by 1.2% in 2012 and by 1.6% in 2013 representing weak
growth rates compared with years prior to the recession. Pharmacy income
has been affected by National Health Service (NHS) funding squeezes in
recent yars, which have led to reduced budgets for pharmaceutical
services. 90% to 95% of pharmacy incomes originate from NHS
pharmaceutical services contract. Meanwhile, the recent economic
downturn had changed consumers' shopping habits and negatively impacted
sales of OTC products, as well as other items being sold by pharmacies,
such as toiletries, cosmetics, fragrances, etc.
The vital role that community pharmacies play in the delivery of primary
healthcare is increasingly recognised by the Government and the pharmacy
sector itself. The Government wants to expand the role of pharmacists in
an effort to ease the burden on the healthcare system brought on by the
ageing population and increasing number of people suffering from
long-term conditions. In January 2014, the Government launched an
advertising campaign to encourage people to seek more help from their
local pharmacists. The earlier, the better campaign aims to ease
pressure on the NHS's urgent and emergency care system by reducing the
number of accident and emergency (A&E) admissions with illnesses which
could have been treated earlier by self-care or by pharmacists.
Based on a number of factors including economic conditions and
forecasts, the ageing population, and the Government's plan to expand
community pharmacy services the authors project that the UK retail
pharmacies market will grow by 2% in 2014, followed by further growth of
2.2% in 2015.
Key Topics Covered:
1 Market Definition
2 Market Size
3 Industry Background
4 Competitor Analysis
5 Strengths, Weaknesses, Opportunities and Threats
6 Buying Behaviour
7 Current Issues
8 The Global Market
10 Company Profiles
- Aah Pharmaceuticals Ltd
- Boots Uk Ltd
- Day Lewis Plc
- Lloyds Pharmacy Ltd
- Paydens Ltd
- L Rowland & Company (Retail) Ltd
- Superdrug Stores Plc
For more information visit http://www.researchandmarkets.com/research/vf5tgw/retail_pharmacies.
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