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Pharmacies And Drug Stores Global Market Report 2020-30: Covid 19 Implications and Growth

Starting Price : $ 4000.00 $3200.00 | Pages : 150 | Published : April 2020 | SKU CODE : 7421 | Format :


The Pharmacies and Drug Stores market consist of establishments involved in sales of prescription and over-the-counter medications, health and beauty items, toiletries and consumable goods directly to consumers. Industry companies may also provide basic health and photo processing services. The pharmacies and Drug stores consist of establishments that are concerned with branded prescription drugs, generic drugs, nonprescription medicines, personal health supplies, groceries and food items, vitamins, minerals, and dietary supplements, cosmetics and other.

The global pharmacies and drug stores market is expected to grow from $923.06 billion in 2019 to $1007.99 billion. Due to the global Covid-19 pandemic, the market for pharmacies and drug stores is expected to grow significantly in 2020 as people want to keep a stock of all medicines due to long-extending quarantine and it is among the essential businesses that are allowed to operate even in lockdown situations across the globe. The market is expected to stabilize at a compound annual growth rate of 3% and reach $1040.08 billion by 2023.

The global pharmacies and drug stores market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the  pharmacies and drug stores market in 2019.

The growing aging population and increasing health consciousness among the global populace are likely to drive the pharmacies and drug stores market. The geriatric population are more vulnerable to acquire number of diseases that increase the dependence on the pharmacies and drug stores indirectly affecting the market. According to the Global Health and Aging report, the number of people aged 65 or older is projected to grow from an estimated 524 million in 2010 to nearly 1.5 billion in 2050, with most of the increase in developing countries. There are certain health conditions that are expected to be a challenge to our health care system with the increasing aging population. These conditions include cancer, dementia, an increase in the number of falls, obesity, and diabetes. Due to the increasing aging population, the number of cases is expected to increase, thus providing a growing customer base for pharmacies and drug stores.

Rapidly increasing cost pressures from regulatory agencies and payers will restrain the pharmacies and drug stores market. Government budgetary pressures are leading to lower pharmacy compensation for most countries with public health care. The consolidation of pharmacy benefit management firms in the U.S. has worked similarly, driving lower costs and margins and shifting prescription volumes to delivery of direct or mail order. Governments would be the largest health-care payer in virtually every country. This, in turn, creates increased pressure on taxpayers and government spending, with consequent pharmaceutical effects. These factors are expected to have a negative impact on the pharmacies and drug stores market as increasing cost pressures from regulatory agencies and affecting the market’s growth.

Working long hours and drive-through locations are the major factors to increase the Pharmacies and Drugstores market growth. As competition has increased from mass merchandisers and supermarkets, as well as from direct mail prescription services, drug stores have been adding value in the form of 24-hour operations and drive-through pharmacies. The US Pharmacy Study measures customer satisfaction with their pharmacy experience across major chain drug stores, mass merchandisers, supermarkets, and mail-order pharmacies. The study shows that retail pharmacy businesses continue to shine when it comes to engaging patient-centric services that drive satisfaction. These convenience factors anticipate the growth of pharmacies and the drugstores market.

On November 28, 2018, CVS Health completed acquisition of Aetna. By combining Aetna’s health care benefits expertise with its retail pharmacies, clinics, and integrated pharmacy capabilities, CVS Health is looking to improve the health care delivery experience for consumers by expanding offerings at MinuteClinics, offering preventative health screenings and delivering other services.

The major players in the global pharmacies and drug stores market are Walgreens Boots (WBA), CVS Health (CVS), Rite Aid (RAD), MedPlus, Rexall, Shoppers Drug Mart, Grupo Casa Saba, China Nepstar, AS Watson, Matsumotokiyoshi, Phoenix, Celesio, Alliance Boots, Omnicare Inc, Diplomat Pharmacy Inc, PharMerica Corporation, Dougherty's Pharmacy Inc, Progressive Care Inc, Medzone, Medicap, Apollo Pharmacy, Discount Drug Stores

The countries covered in the global pharmacies and drug stores market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

The global pharmacies and drug stores market is segmented:
1) By Drug Type: Prescription drugs, OTC drugs
2) By Type: Community Pharmacy, Hospital Pharmacy, Clinical Pharmacy, Industrial Pharmacy, Compounding Pharmacy, Consulting Pharmacy, Ambulatory Care Pharmacy, Regulatory Pharmacy, Home Care Pharmacy

    1. Executive Summary

    2. Pharmacies And Drug Stores Market Characteristics

    3. Pharmacies And Drug Stores Market Size And Growth

    3.1. Global Pharmacies And Drug Stores Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Pharmacies And Drug Stores Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Pharmacies And Drug Stores Market Segmentation

    4.1. Global Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Prescription drugs

    OTC drugs

    4.2. Global Pharmacies And Drug Stores Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Community Pharmacy

    Hospital Pharmacy

    Clinical Pharmacy

    Industrial Pharmacy

    Compounding Pharmacy

    Consulting Pharmacy

    Ambulatory Care Pharmacy

    Regulatory Pharmacy

    Home Care Pharmacy

    5. Pharmacies And Drug Stores Market Regional And Country Analysis

    5.1. Global Pharmacies And Drug Stores Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Pharmacies And Drug Stores Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Pharmacies And Drug Stores Market  

    6.1. Asia-Pacific Pharmacies And Drug Stores Market Overview  

    6.2. Asia-Pacific Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Pharmacies And Drug Stores Market  

    7.1. China Pharmacies And Drug Stores Market Overview  

    7.2. China Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Pharmacies And Drug Stores Market  

    8.1. India Pharmacies And Drug Stores Market Overview  

    8.2. India Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Pharmacies And Drug Stores Market  

    9.1. Japan Pharmacies And Drug Stores Market Overview  

    9.2. Japan Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Pharmacies And Drug Stores Market  

    10.1. Australia Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Pharmacies And Drug Stores Market  

    11.1. Indonesia Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Pharmacies And Drug Stores Market  

    12.1. South Korea Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Pharmacies And Drug Stores Market  

    13.1. Western Europe Pharmacies And Drug Stores Market Overview

    13.2. Western Europe Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Pharmacies And Drug Stores Market  

    14.1. UK Pharmacies And Drug Stores Market Overview

    14.2. UK Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Pharmacies And Drug Stores Market  

    15.1. Germany Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Pharmacies And Drug Stores Market  

    16.3. France Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Pharmacies And Drug Stores Market  

    17.1. Eastern Europe Pharmacies And Drug Stores Market Overview

    17.2. Eastern Europe Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Pharmacies And Drug Stores Market  

    18.1. Russia Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Pharmacies And Drug Stores Market  

    19.1. North America Pharmacies And Drug Stores Market Overview

    19.2. North America Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Pharmacies And Drug Stores Market  

    20.1. USA Pharmacies And Drug Stores Market Overview

    20.2. USA Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Pharmacies And Drug Stores Market  

    21.1. South America Pharmacies And Drug Stores Market Overview

    21.2. South America Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Pharmacies And Drug Stores Market  

    22.1. Brazil Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Pharmacies And Drug Stores Market  

    23.1. Middle East Pharmacies And Drug Stores Market Overview

    23.2. Middle East Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Pharmacies And Drug Stores Market  

    24.1. Africa Pharmacies And Drug Stores Market Overview

    24.2. Africa Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Pharmacies And Drug Stores Market Competitive Landscape And Company Profiles

    25.1. Pharmacies And Drug Stores Market Competitive Landscape

    25.2. Pharmacies And Drug Stores Market Company Profiles

    25.2.1. Walgreens Boots (WBA)

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. CVS Health (CVS)

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Rite Aid (RAD)

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. MedPlus

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Rexall

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Pharmacies And Drug Stores Market

    27. Pharmacies And Drug Stores Market Trends And Strategies

    28. Pharmacies And Drug Stores Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Pharmacies And Drug Stores Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Pharmacies And Drug Stores Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Pharmacies And Drug Stores Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Walgreens Boots (WBA) Financial Performance
  • Table 27: CVS Health (CVS) Financial Performance
  • Table 28: Rite Aid (RAD) Financial Performance
  • Table 29: MedPlus Financial Performance
  • Table 30: Rexall Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Pharmacies And Drug Stores Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Pharmacies And Drug Stores Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Pharmacies And Drug Stores Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Pharmacies And Drug Stores Market, Segmentation By Drug Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Walgreens Boots (WBA) Financial Performance
  • Figure 27: CVS Health (CVS) Financial Performance
  • Figure 28: Rite Aid (RAD) Financial Performance
  • Figure 29: MedPlus Financial Performance
  • Figure 30: Rexall Financial Performance
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