Press release
Pharmacies and Drug Stores Global Market Report 2025: Growth Fueled by Aging Population, Chronic Disease Prevalence and Emerging Trends
Pharmacies and drug stores market is expected to flourish amidst rising health consciousness and increasing occurrence of chronic diseases in aging population; growing at a CAGR of 6% to touch $1803.86 billion by 2029.
What Is The Projected Market Size of Pharmacies and Drug Stores Global Market Report 2025 And Its Growth Rate?
•The pharmacies and drug store market size will grow from $1334.37 billion in 2024 to $1431.01 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%.
•The growth will further climb to $1803.86 billion in 2029 at a CAGR of 6.0%.
•Factors spearheading this growth include better health insurance coverage, preventive healthcare awareness, chronic disease prevalence, and retail pharmacy convenience.
What Is Driving The Growth In The Pharmacies and Drug Stores Global Market Report 2025?
Increasing health consciousness among the global population and the growing aging population are the major drivers for pharmacy and drug store market expansion. The elderly population is more prone to multiple diseases, thus increasing their reliance on pharmacies and drug stores. As per Global Health and Aging report, the number of elderly people (aged 65 or more) is projected to reach 1.5 billion in 2050, with a more significant increase in developing countries. The health conditions that will impact our healthcare systems with the increasing elderly population include cancer, dementia, obesity, and diabetes. The escalating numbers of these cases due to aging population provides a growing customer base for the continuous growth of the pharmacies and drug stores market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=3045&type=smp
Who Are the Key Players Driving Pharmacies and Drug Stores Global Market Report 2025 Growth?
•CVS Health Corporation
•Walgreens Boots Alliance Inc.
•Alliance Boots GmbH & Co. KG
•Rite Aid Corporation
•AS Watson Group
•Shoppers Drug Mart Corporation
•Matsumotokiyoshi Holdings Co. Ltd.
•MedPlus Health Services Inc.
•Diplomat Pharmacy Inc.
•Rexall Sundown Inc.
What Are The Key Trends In The Pharmacies and Drug Stores Global Market Report 2025?
•Focus on Preventive Care
•Supply Chain Resilience
•Health Data Security
•Collaboration and Partnerships
•Sustainability Initiatives
What Are The Segments Of The Global Pharmacies and Drug Stores Global Market Report 2025?
•By Drug Type: Prescription Drugs, OTC drugs
•By Type: Community Pharmacy, Hospital Pharmacy, Clinical Pharmacy, Industrial Pharmacy, Compounding Pharmacy, Consulting Pharmacy, Ambulatory Care Pharmacy, Regulatory Pharmacy, Home Care Pharmacy
•By Product Type: Skin Care, Cold and Flu, Dental, Weight Loss, Vitamins, Other Product Types
Which Region Leads The Pharmacies and Drug Stores Global Market Report 2025?
Asia-Pacific was the largest region in the pharmacies and drug stores market in 2024, with North America claiming the second-largest market share. These markets along with Western Europe, Eastern Europe, South America, Middle East, and Africa covered in the pharmacies and drug stores market report will continue to dominate in the future.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/pharmacies-and-drug-stores-global-market-report
What Is Covered In The Pharmacies and Drug Stores Global Market Report 2025?
- Market Size Analysis: Analyze the Pharmacies and Drug Stores Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharmacies and Drug Stores Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pharmacies and Drug Stores Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharmacies and Drug Stores Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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https://www.thebusinessresearchcompany.com/customise?id=3045&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
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Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
What Is The Projected Market Size of Pharmacies and Drug Stores Global Market Report 2025 And Its Growth Rate?
•The pharmacies and drug store market size will grow from $1334.37 billion in 2024 to $1431.01 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%.
•The growth will further climb to $1803.86 billion in 2029 at a CAGR of 6.0%.
•Factors spearheading this growth include better health insurance coverage, preventive healthcare awareness, chronic disease prevalence, and retail pharmacy convenience.
What Is Driving The Growth In The Pharmacies and Drug Stores Global Market Report 2025?
Increasing health consciousness among the global population and the growing aging population are the major drivers for pharmacy and drug store market expansion. The elderly population is more prone to multiple diseases, thus increasing their reliance on pharmacies and drug stores. As per Global Health and Aging report, the number of elderly people (aged 65 or more) is projected to reach 1.5 billion in 2050, with a more significant increase in developing countries. The health conditions that will impact our healthcare systems with the increasing elderly population include cancer, dementia, obesity, and diabetes. The escalating numbers of these cases due to aging population provides a growing customer base for the continuous growth of the pharmacies and drug stores market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3045&type=smp
Who Are the Key Players Driving Pharmacies and Drug Stores Global Market Report 2025 Growth?
•CVS Health Corporation
•Walgreens Boots Alliance Inc.
•Alliance Boots GmbH & Co. KG
•Rite Aid Corporation
•AS Watson Group
•Shoppers Drug Mart Corporation
•Matsumotokiyoshi Holdings Co. Ltd.
•MedPlus Health Services Inc.
•Diplomat Pharmacy Inc.
•Rexall Sundown Inc.
What Are The Key Trends In The Pharmacies and Drug Stores Global Market Report 2025?
•Focus on Preventive Care
•Supply Chain Resilience
•Health Data Security
•Collaboration and Partnerships
•Sustainability Initiatives
What Are The Segments Of The Global Pharmacies and Drug Stores Global Market Report 2025?
•By Drug Type: Prescription Drugs, OTC drugs
•By Type: Community Pharmacy, Hospital Pharmacy, Clinical Pharmacy, Industrial Pharmacy, Compounding Pharmacy, Consulting Pharmacy, Ambulatory Care Pharmacy, Regulatory Pharmacy, Home Care Pharmacy
•By Product Type: Skin Care, Cold and Flu, Dental, Weight Loss, Vitamins, Other Product Types
Which Region Leads The Pharmacies and Drug Stores Global Market Report 2025?
Asia-Pacific was the largest region in the pharmacies and drug stores market in 2024, with North America claiming the second-largest market share. These markets along with Western Europe, Eastern Europe, South America, Middle East, and Africa covered in the pharmacies and drug stores market report will continue to dominate in the future.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/pharmacies-and-drug-stores-global-market-report
What Is Covered In The Pharmacies and Drug Stores Global Market Report 2025?
- Market Size Analysis: Analyze the Pharmacies and Drug Stores Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharmacies and Drug Stores Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pharmacies and Drug Stores Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharmacies and Drug Stores Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=3045&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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