The pharmacy market in US is forecasted to grow by USD 84.46 billion during 2022-2027, accelerating at a CAGR of 3.01% during the forecast period. The report on the pharmacy market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing aging population, technological advancements, and rising awareness of consumer health and wellness.
Technavio's pharmacy market in US is segmented as below:
By Product
Prescription
OTC
By Ownership
Pharmacy chain
Independent
By Type
Retail pharmacy
Hospital pharmacy
Others
This study identifies the increasing use of telepharmacy services as one of the prime reasons driving the pharmacy market in US growth during the next few years. Also, growth of specialty pharmacies and expanding the scope of patients for pharmacists will lead to sizable demand in the market.
The report on the pharmacy market in US covers the following areas:
pharmacy market in US sizing
pharmacy market in US forecast
pharmacy market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharmacy market in US vendors that include Albertsons Companies Inc., Cardinal Health Inc., CVS Health Corp., Humana Inc., McKesson Corp., Rite Aid Corp., The Cigna Group, The Kroger Co., UnitedHealth Group Inc., Walgreens Boots Alliance Inc., and Walmart Inc.. Also, the pharmacy market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Ownership
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Pharmacy Market in US 2018 - 2022
Historic Market Size - Data Table on Pharmacy Market in US 2018 - 2022 ($ billion)