Pharmacies & Drug Stores in the US - Industry Market Research Report
Description
Pharmacies & Drug Stores in the US
The Pharmacies and Drug Stores industry consists of enterprises that retail a range of prescription and over-the-counter (OTC) medications, health and beauty items, toiletries, and consumable goods. The industry experienced revenue growth, as the number of people with private health insurance remained high, filling more prescription medications. The burgeoning elderly population boosted industry performance, as this consumer bracket generally requires medication to address chronic ailments, resulting in steady revenue streams. Industry revenue is expected to balloon an annualized 3.7% to $569.8 billion in 2023, increasing 2.9% during 2023 alone as profit settles in at 3.9%.
Pharmacies and drug stores retail 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 companies may also provide basic health and photo processing services. The industry excludes mail-order 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."
The Pharmacies and Drug Stores industry consists of enterprises that retail a range of prescription and over-the-counter (OTC) medications, health and beauty items, toiletries, and consumable goods. The industry experienced revenue growth, as the number of people with private health insurance remained high, filling more prescription medications. The burgeoning elderly population boosted industry performance, as this consumer bracket generally requires medication to address chronic ailments, resulting in steady revenue streams. Industry revenue is expected to balloon an annualized 3.7% to $569.8 billion in 2023, increasing 2.9% during 2023 alone as profit settles in at 3.9%.
Pharmacies and drug stores retail 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 companies may also provide basic health and photo processing services. The industry excludes mail-order 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
50 Pages
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
Pricing
Currency Rates
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