Pharmacies & Drug Stores in the US

External Competition- Bitter Pill to Swallow

Significant influence will be exerted on this industry from various variables, especially the growing number of products going on the market, with the increasing number of 'blockbuster' drugs significantly increasing sales; the aging population increasing the industry's target market; and the advancement of technology, allowing drug stores to reach a wider market via the internet. However, this has been offset by a loss of market share to other retailers such as mass merchandisers and grocery stores.This industry comprises establishments known as pharmacies and drug stores engaged in retailing prescription or nonprescription drugs and medicines. 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.