Drug Stores

First Research, Inc.
October 13, 2014
10 Pages - SKU: FRRS5351824
Countries covered: United States

Drug Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell prescription drugs, over-the-counter medications, health and beauty products, and general merchandise from physical retail locations. Major companies include Walgreens, CVS Caremark, and Rite Aid (all based in the US), along with Rexall (part of Canada's Katz Group) and Shoppers Drug Mart (also from Canada), China Nepstar (China), AS Watson (Hong Kong), Matsumotokiyoshi (Japan), Phoenix and Celesio (Germany), and Alliance Boots (Switzerland).

Global pharmacy sales are expected to reach $1.2 trillion by 2018, according to Lucintel. Growth drivers include the aging of the population and increased health awareness.

The US drug stores industry includes about 45,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $235 billion.

COMPETITIVE LANDSCAPE

Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. The US industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

Chain stores account for about 50 percent of the US retail prescription market, according to IMS Health. Mail services account for about 25 percent, independent drug stores for 15 percent, and pharmacies at supermarkets for 10 percent.

Drug stores that also sell general merchandise compete with grocery stores, discount department stores, and other retailers....



More United States Drug Stores reports

2015 U.S. Seasonal decorations sold through Pharmacies & drug stores-Product & Retail Report by Barnes Reports
The 2015 U.S. Seasonal decorations sold through Pharmacies & drug stores-Product & Retail Report, published annually by Barnes Reports, contains timely and accurate industry statistics, ...
2015 U.S. Greeting cards sold through Pharmacies & drug stores-Product & Retail Report by Barnes Reports
The 2015 U.S. Greeting cards sold through Pharmacies & drug stores-Product & Retail Report, published annually by Barnes Reports, contains timely and accurate industry statistics, ...
2015 U.S. Stationery products sold through Pharmacies & drug stores-Product & Retail Report by Barnes Reports
The 2015 U.S. Stationery products sold through Pharmacies & drug stores-Product & Retail Report, published annually by Barnes Reports, contains timely and accurate industry statistics, ...
2015 U.S. Toys, hobby goods, & games sold through Pharmacies & drug stores-Product & Retail Report by Barnes Reports
The 2015 U.S. Toys, hobby goods, & games sold through Pharmacies & drug stores-Product & Retail Report, published annually by Barnes Reports, contains timely and ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!