U.K. Pharmacy Market Outlook

the united kingdom’s pharmacy market outlook for 2018 to 2032 is marked by a positive evolution based on the latest national initiatives and recommendations from nhs england, the body tasked with assessing the needs of the country’s healthcare system. within the pharmacy market, the most remarkable development in recent years has been the rise of online shopping. the availability of services such as next-day delivery and home-based automated customer care, coupled with increasing consumer comfort with buying online, have made this a very attractive option for many consumers. there has also been a growth in the independent sector, with pharmacies offering a wider selection of products than can be found in the national high street chain stores. in order to ensure the future of the pharmacy market, the government has proposed plans to open at least 1,000 additional new pharmacy establishments over the next three years. this will include a mix of private retail outlets as well as nhs pharmacies and gp practices. in addition, steps will be taken to encourage greater collaboration and partnership between pharmacies and gp practices. this will bring much-needed access to primary healthcare for those living in rural and urban areas, as well as increasing the number of repeat prescriptions. to further stimulate the sector and encourage healthy competition, the government is also exporing options to allow small chains and independent pharmacies to band together in order to gain more negotiating power when making purchasing decisions. the aim of these measures is to ensure a thriving future for the uk’s pharmacy market, that will meet the needs of an ageing population and a health care system that is becoming ever more complex. alongside this, it is also hoped that the increased competition introduced by the measures mentioned above will result in lower prices for both consumers and businesses. overall, the uk's pharmacy market outlook for 2018 to 2032 appears bright. with the latest government plans and initiatives, the sector is well on its way to becoming an important part of the country's health and wellbeing landscape.