Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Pharmacy Location in Hiroshima

Marketlyzer calculates a 67/100 opportunity score for pharmacys in Hiroshima, supported by high competition and $42,000 average income, plus a 83/100 foot traffic index.

With a startup-to-income ratio of 11.5:1, Hiroshima requires efficient operations to maximize Pharmacy profitability

67/100 opportunity score
1,404,000 metro residents
$42,000 average income
30/100 launch timing score
Cautious - High Preparation
Schedule Consultation
1,199K
City Population
$42K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Pharmacy Opportunity Score

Data-driven potential for success in Hiroshima based on 7 key market factors

67 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$485,000
Industry Success Rate
71%
Expected ROI Timeline
36-48 months
Customer Draw Radius
15,000m
Unique Market Intelligence

Hiroshima Pharmacy Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Hiroshima

With a startup-to-income ratio of 11.5:1, Hiroshima requires efficient operations to maximize Pharmacy profitability

The competitive Pharmacy market in Hiroshima favors established concepts, with 83 foot traffic index

Competitive Market Position

How Hiroshima ranks nationally for pharmacys

Hiroshima's 67.45/100 score indicates moderate opportunity, ranking in the 50th percentile for Pharmacy success factors

Above-average foot traffic (83 index) creates consistent customer flow for street-level Pharmacy locations

Strategic Recommendations

Actionable strategies tailored for Hiroshima

💰 Pricing strategy: $42,000 average income indicates value-focused positioning - volume over margin approach recommended for Hiroshima Pharmacys

📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Hiroshima

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Cautious - High Preparation

Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Timing score: 30/100
  • 🔥 High competition - differentiation critical
  • 🚶 Good foot traffic (83) - organic visibility

Seasonal Levers

  • Flu season
  • Cold and allergy seasons
  • Insurance renewal periods

Pharmacy Market Analysis for Hiroshima

Why Hiroshima for Pharmacys?

  • Metro population of 1,404,000 provides large customer base
  • Average income of $42,000 supports pharmacy spending
  • High business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong accessibility opportunities throughout the city

Pharmacy Success Factors

Demographics
Essential
Accessibility
Essential
Parking
Essential
Medical facility proximity
Essential
Competition
Essential
Insurance networks
Essential

Seasonal Considerations for Hiroshima

Flu season

Cold and allergy seasons

Insurance renewal periods

Best Hiroshima Neighborhoods for Pharmacys

Data-driven analysis of optimal areas based on pharmacy success factors

Downtown Hiroshima

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Hiroshima vs Other Japan Cities for Pharmacys

City Population Avg Income Market Score Action
Hiroshima ⭐ 1,404,000 $42,000
67/100
Current City
Fukuoka 5,590,000 $42,000
77/100
Compare →
Nagoya 10,110,000 $46,000
76/100
Compare →
Kobe 19,165,000 $44,000
75/100
Compare →
Tokyo 37,400,000 $45,000
75/100
Compare →

Pharmacy FAQs for Hiroshima

Why is now the right time to open in Hiroshima?

Hiroshima's 67.45/100 score indicates moderate opportunity, ranking in the 50th percentile for Pharmacy success factors Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Which customers convert best?

30% of households earn $75k+, sustaining premium spend for pharmacys

What should my first location focus on?

💰 Pricing strategy: $42,000 average income indicates value-focused positioning - volume over margin approach recommended for Hiroshima Pharmacys

How do local conditions impact operations?

Flu season

Ready to Open Your Pharmacy in Hiroshima?

Cautious - High Preparation with a 67/100 opportunity score, high competition, and a 83/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.