This timeline depicts pharmacy and drug store sales in the United States from 1992 to 2022. In 2022, U.S. pharmacy and drug store sales amounted to about 336 billion U.S. dollars.
U.S. Pharmacies and Drug Stores Industry The retail drug industry is comprised of pharmacies or drugstores, as they are known in North America. With an aging population and greater prevalence of chronic diseases, the need for safe, legal pharmaceutical drugs is constantly rising.Pharmacies and drug stores dispense prescription medications and over-the-counter drugs directly to patients. However, their role is more than one of simple distribution as they dispense medication in specific doses, adhere to optimal conditions of storage and give valuable advice to patients. Pharmacies practice in a wide range of locations such as communities, hospitals, clinics and nursing homes. Other drug retail outlets include supermarkets, and independent and online pharmacies, which offer mail-order drugs to patients, proving especially convenient for those that may be unable to leave their homes. Apart from selling drugs, miscellaneous products also account for a percentage of sales for these retail outlets, such as cosmetics and confectioneries.The retail drug store industry employs many different types of workers. Each store has a manager, along with department managers or assistant managers to handle additional administrative duties. Sales associates are generally entry-level retail workers. Pharmacists require a specialized degree and licensing to dispense medication.
Point geometry with attributes displaying pharmacies in East Baton Rouge Parish, Louisiana.
The pharmacy license dataset is pulled from the Health Regulation and Licensing Administration's Pharmacy Control Division within DC Health. RX licenses are updated monthly through an automated process. For more information on pharmaceutical licensing, please visit the DC Health's website at dchealth.dc.gov. Search for Pharmaceutical Control Division.
A recent consumer survey found that over three-fifths of U.S. adults considered automated prescription reminders to be the most valuable pharmacy service in 2024. Home delivery of prescriptions was another highly sought-after service, with more than half of the survey respondents. Approximately a quarter of the survey respondents favored the ability to schedule an online appointment with a pharmacist.
This statistic shows the leading pharmacies in the United States in 2024, based on prescription revenue. In that year, CVS Health Corporation's prescription revenue in the United States amounted to an estimated 171.6 billion U.S. dollars.
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Pharmacies licensed in the District of Columbia. For more information on pharmaceutical licensing, please visit the DC Department of Health's website at https://doh.dc.gov. Search for Pharmaceutical Control Division. This dataset was created as part of the DC Geographic Information System (DC GIS) for the D.C. Office of the Chief Technology Officer (OCTO) and the D.C. Department of Health. A database provided by the D.C. Department of Health (Health Regulation and Licensing Administration, Pharmacy Control Division) identified pharmacy locations.
The global revenue in the 'Online Pharmacy' segment of the digital health market was forecast to continuously increase between 2024 and 2029 by in total 48 billion U.S. dollars (+58.24 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 130.46 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning Chile and Colombia. The Statista Market Insights cover a broad range of additional markets.
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The Pharmacy Market report segments the industry into By Pharmacy Type (e-Pharmacy, Hospital Pharmacy, Retail Pharmacy), By Prescription Type (Prescription Drugs, Over-the-Counter (OTC) Drugs), By Drug Type (Branded/Patented Drugs, Generic Drugs), By Indication Type (Antibiotics, Autoimmune / Inflammatory Disorders, Cardiovascular Disorders, Dermatology, and more), and By Geography (North America, Europe, Asia-Pacific, and more).
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The mail-order pharmacy market is experiencing robust growth, projected to reach a market size of $50.39 billion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 15.8% from 2025 to 2033. This expansion is driven by several key factors. The increasing prevalence of chronic diseases necessitates consistent medication adherence, making mail-order pharmacies a convenient and cost-effective solution for patients. Technological advancements, such as improved online platforms and automated dispensing systems, are streamlining operations and enhancing efficiency. Furthermore, the rising adoption of telehealth services is creating synergies, as virtual consultations often seamlessly integrate with mail-order prescription fulfillment. The convenience of home delivery, particularly beneficial for elderly or mobility-impaired individuals, is a significant driver of market growth. The segment encompassing prescription drugs holds the largest market share, reflecting the core function of mail-order pharmacies. Within application segments, the "Online Store" model is projected to experience faster growth than "App Only" due to wider accessibility and familiarity amongst consumers. Competition among major players such as Express Scripts Holding Company, CVS Health Corporation, and others is intense, fostering innovation and competitive pricing. The geographical distribution of the mail-order pharmacy market reveals significant regional variations. North America currently dominates the market share due to high healthcare expenditure and established infrastructure. However, developing economies in Asia-Pacific and other regions are showing increasing potential, fueled by rising disposable incomes, improving healthcare access, and growing adoption of e-commerce. The market faces some restraints, including concerns about medication security, potential delays in delivery, and the need for robust regulatory frameworks to ensure patient safety and data privacy. However, ongoing technological advancements and industry efforts to address these challenges are mitigating these risks, supporting the continued strong growth outlook for the mail-order pharmacy market.
Comprehensive listings of pharmacies for Detroit, Highland Park, Hamtramck
A list of pharmacies in Chicago and last known status (open or closed).
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The global internet pharmacy market size was valued at approximately USD 80 billion in 2023 and is projected to reach around USD 205 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.2% during the forecast period. The increasing market size can be attributed to the growing penetration of the internet and smartphones, enhancing accessibility and convenience for consumers.
One of the primary drivers fueling the growth of the internet pharmacy market is the increasing adoption of e-commerce platforms for purchasing healthcare products. The convenience of ordering medications online and having them delivered directly to one's home has significantly influenced consumer behavior. Additionally, the rise in chronic diseases and the aging global population have created a higher demand for prescription medications, which internet pharmacies are well-positioned to fulfill.
Technological advancements in the healthcare sector, such as telemedicine and digital health platforms, have also contributed to the growth of internet pharmacies. These technologies enable better patient monitoring and management, which in turn drives the demand for online pharmaceutical services. Furthermore, during the COVID-19 pandemic, internet pharmacies played a critical role in ensuring the continuous supply of medications, thereby boosting their popularity and acceptance among consumers.
Regulatory support in various regions is another significant growth factor for the internet pharmacy market. Governments across the globe are increasingly recognizing the potential of online pharmacies in improving healthcare accessibility, particularly in rural and underserved areas. Policies promoting digital health initiatives and the integration of online pharmacies into national healthcare systems are expected to further propel market growth in the coming years.
The concept of Mail Order has significantly evolved with the advent of internet pharmacies, offering a seamless blend of traditional and digital commerce. This model allows consumers to order medications through online platforms and receive them via mail, providing a convenient alternative to visiting physical pharmacies. The mail order system is particularly beneficial for individuals with mobility issues or those living in remote areas, as it ensures timely access to necessary medications without the need for travel. Furthermore, mail order services often include features such as automatic refills and reminders, enhancing medication adherence and patient outcomes. As internet pharmacies continue to expand, the integration of mail order services is expected to play a crucial role in improving healthcare accessibility and efficiency.
Regionally, North America dominated the internet pharmacy market in 2023, followed by Europe and Asia Pacific. North America's dominance can be attributed to the high internet penetration rate, advanced healthcare infrastructure, and favorable regulatory environment. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by the increasing adoption of smartphones, growing internet users, and rising healthcare expenditure in countries like China and India.
In the internet pharmacy market, drug type is segmented into prescription drugs and over-the-counter (OTC) drugs. Prescription drugs, which require a doctorÂ’s approval for purchase, constitute a significant portion of the market. The demand for these drugs is primarily driven by the rising prevalence of chronic and lifestyle diseases such as diabetes, hypertension, and cardiovascular conditions. Online pharmacies offer a convenient way for patients to refill their prescriptions without visiting a physical store, saving time and effort.
Over-the-counter (OTC) drugs, which can be purchased without a prescription, also represent a substantial segment of the internet pharmacy market. These include medications for common ailments like cold, flu, and allergies, as well as health supplements and wellness products. The increasing consumer preference for self-medication and preventive healthcare, coupled with the ease of purchasing OTC drugs online, is expected to drive the growth of this segment.
The prescription drug segment is anticipated to grow at a steady pace, largely due to the increasing number of elderly patients who require regu
The dataset contains precise information relating to the pharmacies present in the territory of the City of Turin. The dataset contains information relating to municipal and non-municipal pharmacies, as well as night pharmacies.
In 2023, the top pharmacy benefit managers included CVS Health, Cigna, and OptumRx, to name a few. CVS Health had the largest share of the pharmacy benefit manager market in that year. In total, CVS Health held 34 percent of the market at that time. Pharmacy benefit managers are an important part of the prescription drug supply chain in the United States. Pharmacy benefit managers Pharmacy benefit managers are responsible for the operation and distribution of pharmaceuticals to patients and pharmacies. They are also responsible for the negotiation of rebates and processing of insurance claims from patients and pharmacies. Among pharmaceutical distributors in the U.S., chain stores distributed the largest value of pharmaceuticals recently. However, data suggests that pharmacy benefit managers have the highest gross profit among all actors in the U.S. drugs supply chain. Generic drugs Lately, the growth of the generic prescriptions volume in the U.S. market has remained fairly stable, with growth in all years. With stable growth in generics, the number of brand name medicines that were excluded from pharmacy benefit manager formularies recently had been on the rise. Generic drugs are useful to the consumer in that, in many cases, they provide a cheaper (but equal) alternative to brand name drugs.
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The Pharmacy Management Software System Market report segments the industry into By Component (Solutions, Services), By Deployment (Cloud-based, On-premise), By Size Of The Organization (Independent Pharmacies, Chained Pharmacies), and By Geography (North America, Europe, Asia-Pacific, Rest of the World). Includes historical data and five-year market forecasts.
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The U.S. Pharmacy Market size was valued at USD 534.21 USD Billion in 2023 and is projected to reach USD 2052.25 USD Billion by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Pharmacies are an essential part of the healthcare system in America, which provides prescription drugs and some other health services. They can be categorized into different categories such as community pharmacy, hospital pharmacy, clinical pharmacy and specialist pharmacy. The first type of retail pharmacy is community in nature and allows people to get their prescriptions, other drugs and medications that can be bought over the counter, and even health advice where necessary. In its broadest sense, hospital pharmacy is a busy professional practice that directly assists in-patient care by dispensing as well as monitoring patient-specific medication regimens. Clinical pharmacies are embedded as members of healthcare teams, enhancing medication use for improved patient and therapeutic outcomes; speciality pharmacies address specific and often unusual diseases and distribute unique and targeted products and services. Some of the major elements that characterize pharmacist practices in the United States include dispensing medications, counselling patients, provision of vaccination services and health check services. Largescale pharmacies also offer MTM services for the better management of chronic diseases among patients. The benefits of U. S. pharmacies are extensive: it helps in the safe use of medicines, enhance clients’ health, deliver universal and appropriate care as well as foster community health. Key drivers for this market are: Increasing Number of Surgical Procedures to Boost Market Growth. Potential restraints include: Product Recalls and Lawsuits to Hinder Market Growth. Notable trends are: Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
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The global retail pharmacy market is a substantial and rapidly expanding sector, projected to reach a value of $1,776,690 million in 2025, exhibiting a robust Compound Annual Growth Rate (CAGR) of 5.2%. This growth is fueled by several key factors. The aging global population necessitates increased healthcare access and medication management, driving demand for retail pharmacy services. Furthermore, the increasing prevalence of chronic diseases, such as diabetes and hypertension, requires ongoing medication adherence, boosting the need for convenient prescription refills and related healthcare services offered by retail pharmacies. The rise of online retail pharmacies offers increased convenience and accessibility, particularly in underserved areas, significantly contributing to market expansion. Technological advancements, including telepharmacy and medication management apps, further enhance patient care and streamline operational efficiency for pharmacies. Competitive pressures among major players like Walgreens Boots Alliance, CVS Health, and MedPlus are stimulating innovation and investment in improving services and expanding reach. This competitive landscape, coupled with strategic mergers and acquisitions, further shapes market dynamics. However, the market faces certain challenges. Regulatory hurdles and varying healthcare reimbursement policies across different regions create operational complexities and impact profitability. The increasing cost of medications and the pressure to control healthcare expenditure place pressure on both pharmacies and consumers. Furthermore, maintaining data security and patient privacy in the face of growing digitalization is a critical concern. Despite these restraints, the long-term outlook for the retail pharmacy market remains positive, driven by persistent growth in healthcare expenditure, an aging population, and technological advancements that enhance efficiency and accessibility. The market segmentation, encompassing community, consult, home care pharmacies, and varied applications across schools, communities, hospitals, and online retail, presents multiple avenues for growth and specialization within the industry. This diverse landscape ensures significant opportunities for innovation and expansion in the coming years.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 87.89(USD Billion) |
MARKET SIZE 2024 | 100.21(USD Billion) |
MARKET SIZE 2032 | 286.4(USD Billion) |
SEGMENTS COVERED | Product Type ,Distribution Channel ,Customer Type ,Business Model ,Drug Class ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising Popularity of ECommerce Increasing Accessibility to Medications Stringent Regulatory Environment Technological Advancements Growing Prevalence of Chronic Diseases |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Walgreens ,CVS Health ,Amazon ,PillPack ,Walmart ,OptumRx ,GoodRx ,Hims & Hers ,Ro Pharmacy ,Capsule Pharmacy ,Honeybe Health ,The Pill Club ,Lemonaid Health ,Medly Pharmacy ,Alto Pharmacy |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Telemedicine integration Growing ecommerce adoption Government initiatives Rise in chronic diseases Expansion in developing markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 14.02% (2024 - 2032) |
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Global Digital Pharmacy market size is expected to reach $350.73 billion by 2029 at 20.1%, segmented as by medicines and treatments, prescription medicines, over-the-counter (otc) medications, chronic disease medications, acute disease medications
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The global pharmacy will-call system market is experiencing robust growth, driven by the increasing demand for efficient prescription fulfillment and patient convenience. Automation is a key trend, with automated will-call systems gaining traction over manual systems due to improved accuracy, reduced wait times, and enhanced operational efficiency. This shift is particularly pronounced in large pharmacies facing high prescription volumes and pressure to optimize workflows. The market is segmented by application (large and small/medium-sized pharmacies) and system type (manual and automated). Large pharmacies are adopting automated systems more rapidly than their smaller counterparts, although the latter segment is also showing growing adoption as technology becomes more affordable and accessible. Geographical expansion is also a significant factor, with North America currently holding a dominant market share, followed by Europe and Asia Pacific. However, emerging economies in Asia and Latin America present significant growth opportunities due to increasing healthcare infrastructure development and rising healthcare spending. Regulatory changes promoting pharmaceutical automation and patient safety are further fueling market expansion. While the initial investment in automated systems can be a restraint for some smaller pharmacies, the long-term cost savings and improved efficiency often outweigh the upfront costs. Competition among vendors is intense, with established players like McKesson Corporation and ScriptPro facing challenges from newer entrants offering innovative solutions. The forecast period (2025-2033) anticipates sustained growth, driven by ongoing technological advancements and the increasing focus on patient-centric care models. The market's growth is projected to continue at a healthy Compound Annual Growth Rate (CAGR) throughout the forecast period. This growth trajectory is underpinned by the continued adoption of automated solutions in both large and small pharmacy settings. The integration of these systems with existing pharmacy management software is further enhancing their appeal and driving wider adoption. Key challenges include the need for ongoing training and maintenance of automated systems and ensuring robust data security and compliance with regulations concerning patient privacy. The market's future will likely see further technological innovations, such as AI-powered systems for improved prescription management and patient communication, along with greater emphasis on integration with telehealth platforms to streamline medication dispensing and management.
This timeline depicts pharmacy and drug store sales in the United States from 1992 to 2022. In 2022, U.S. pharmacy and drug store sales amounted to about 336 billion U.S. dollars.
U.S. Pharmacies and Drug Stores Industry The retail drug industry is comprised of pharmacies or drugstores, as they are known in North America. With an aging population and greater prevalence of chronic diseases, the need for safe, legal pharmaceutical drugs is constantly rising.Pharmacies and drug stores dispense prescription medications and over-the-counter drugs directly to patients. However, their role is more than one of simple distribution as they dispense medication in specific doses, adhere to optimal conditions of storage and give valuable advice to patients. Pharmacies practice in a wide range of locations such as communities, hospitals, clinics and nursing homes. Other drug retail outlets include supermarkets, and independent and online pharmacies, which offer mail-order drugs to patients, proving especially convenient for those that may be unable to leave their homes. Apart from selling drugs, miscellaneous products also account for a percentage of sales for these retail outlets, such as cosmetics and confectioneries.The retail drug store industry employs many different types of workers. Each store has a manager, along with department managers or assistant managers to handle additional administrative duties. Sales associates are generally entry-level retail workers. Pharmacists require a specialized degree and licensing to dispense medication.