Pharmacies & Drug Stores in Canada - Industry Market Research Report

Pharmacies & Drug Stores in Canada

Over the five years to 2019, the Pharmacies and Drug Stores industry in Canada has benefited from the fact that pharmaceuticals currently comprise the second-largest health expenditure category in Canada. Although increasing pharmaceutical prices have bolstered industry revenue over the five years to 2019, many provincial drug programs have also restricted prescription prices to cut healthcare costs to consumers, hurting industry operators in the process. Many pharmacies and drug stores have been able to generate strong revenue streams from generic drugs with increasing volumes due to their increasing affordability. After several patent cliffs during which operators grappled with the patent loss of many brand-name drugs and the subsequent inundation of the market with generic substitutes, the high volume of lower-margin generic drugs buoyed industry revenue. As research and development expenditure rises over the five years to 2024, more pharmaceuticals will come off pharmaceutical manufacturers' drug pipelines, thus benefiting the industry.

The Pharmacies and Drug Stores industry in Canada retails a range of prescription and over-the-counter medications, health and beauty items, toiletries and consumable goods directly to consumers on a walk-in basis. Industry operators may also provide basic health and photo-processing services. The industry includes retail stores with a pharmacy, but excludes mail order and online retailers, hospitals and clinics.

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.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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