Pharmaceuticals & Pharmacy Supplies Wholesaling in Canada
The Pharmaceuticals and Pharmacy Supplies Wholesaling industry in Canada has benefited from its integral role in the pharmaceutical supply chain without the plague of wholesale bypass, whereby retailers source their products straight from manufacturers instead of wholesalers, which is endemic to most wholesale industries. Due to the burgeoning elderly population's sustained need for pharmaceuticals, many downstream markets have looked toward wholesalers to provide quick product turnaround. Perpetuating this trend, the uptick of new, biologic drugs, particularly cancer and immunosuppressant drugs, have stimulated demand for wholesalers, causing revenue to increase over the five years to 2017. Over the five years to 2022, industry revenue is forecast to continue its growth.
This industry distributes medicines, cosmetic products and personal grooming products. This industry does not include manufacturers that sell medicines, equipment and supplies directly to hospitals or doctors’ offices.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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