echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Medical World News > Chain pharmacies are about to enter the "10,000-store era", and a large number of single drugstores are facing reshuffle

    Chain pharmacies are about to enter the "10,000-store era", and a large number of single drugstores are facing reshuffle

    • Last Update: 2022-08-15
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [Pharmaceutical Network Market Analysis] In recent years, with the implementation of new medical reform and other policies, as well as the impact of centralized drug procurement and the epidemic, the life of the drug retail industry has become more and more difficu.
    In this context, in order to enhance competitiveness, many chain pharmacies have accelerated their staking, and store expansion has continued to accelera.
    Recently, when answering an investor's question about "How is the business progress of the Jointown 'Wandian Alliance' Wandian Alliance business? How many pharmacies are there?" , the total number of franchise stores nationwide has reached 8,51This means that Jointown has a net increase of 3,104 franchised pharmacies in the second quart.
    As of the first half of this year, Jointown has added a total of 4,013 franchised pharmaci.
    At this rate, it will continue to devel.
    The industry expects that Jointown will soon break through the "10,000 stores" ma.
    In fact, since 2022, the listed pharmacy chains have been going through big acquisitio.
    According to the plans of some listed chain pharmacies before, the "Era of Ten Thousand Stores" is also accelerati.
    It is understood that on June 26, the People's Pharmacy announced the opening of its 10,000th store, which is the first private listed pharmacy chain company in China with more than 10,000 stor.
    As of the end of March this year, the common people had 8,612 stores, which means that in less than three months, the common people had added 1,388 stor.
    In addition to People's Pharmacy and Joyotel, as of the end of March this year, Yifeng Pharmacy also had 8,225 stores (a net increase of 416 stores in the first quarter), 8,469 Dashenlin stores (a net increase of 276 stores in the first quarter), Yixintang There are 8,809 directly-operated chain stores (a net increase of 249 stores in the first quarte.
    In addition, Sinopharm Accord also stated some time ago that the number of Guoda Pharmacy stores has exceeded 9,00
    At present, in addition to the continuous expansion of leading pharmacies, they have basically formed stable regional divisio.
    For example, Guoda Pharmacy mainly derives its revenue from the northern region, Yixintang relies on the southwestern region, and ordinary people are concentrated in the central China regi.
    Dashenlin is located in the southern regi.
    Yifeng Pharmacy is located in the central and southern regio.
    However, it is worth noting that, with the expansion of the business coverage of head pharmacies, the regions where various pharmacy brands have opened stores continue to overl.

    Among them, there are at least four listed pharmacies in Shanghai, Guangdong, Guangxi, Zhejiang and other provinc.

    In this regard, the industry expects that while the number of currently listed chain drugstore stores continues to grow, brand competition will become increasingly fierce, which will also bring resistance to the continued expansion of market share by leading drugstor.

    In fact, in recent years, with the acceleration of mergers and acquisitions by leading companies and the accelerated withdrawal of small and medium-sized pharmacies, the chain rate of pharmacies across the country is accelerati.

    According to the data of the State Food and Drug Administration, the chain rate of pharmacies nationwide in 2021 is 517%, a significant increase compared with 367% in 201The size of the store is a demonstration of the core competitiveness of pharmaceutical retail enterpris.

    Industry analysts believe that in the second half of the year, the major chain pharmacies will speed up their staking, and the "10,000-store era" is just around the corn.

    In this context, the pressure of small and medium-sized chain operations will continue to increase in the future, the industry concentration is expected to accelerate, and stores that have the ability and qualifications to connect with outpatient coordinators are expected to usher in more opportuniti.

    Disclaimer: Under no circumstances does the information or opinions expressed in this article constitute investment advice to anyo.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.