U.S. Pharmacy Market 2023-2028

The U.S. pharmacy market size was USD 534.21 billion in 2020 and is projected to grow from USD 560.00 billion in 2021 to USD 861.67 billion by 2028 at a CAGR of 6.3% in the 2021-2028 period.

Factors affecting the growth of U.S. Pharmacy Market (2023-2030):

Globally, the burden of chronic diseases is increasing rapidly. There has been an immense rise in the incidence of diabetes, cancer, chronic immune deficiencies, and congestive heart failure, and others. According to the World Health Organization (WHO), chronic diseases affect approximately 133 million Americans, representing 40% of the total population of the country. This is expected to result in a large patient pool suffering from several chronic diseases, along with patients undergoing therapy at-home settings and long term care centers.

The Report Lists the Key Players in the U.S. Pharmacy Market:

  • CVS Health Corporation (Rhode Island, U.S.)
  • Walgreens Boots Alliance, Inc. (Illinois, U.S.)
  • Cigna (Express Scripts) (Connecticut, U.S.)
  • UnitedHealth Group (Optum) (Minnesota, U.S.)
  • Walmart Inc. (Arkansas, U.S.)
  • The Kroger Company (Ohio, U.S.)
  • Rite Aid Corporation (Pennsylvania, U.S.)
  • Albertsons Companies, Inc. (Idaho, U.S.)

Report includes Competitor's Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand?

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, and bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the U.S. Pharmacy Market size and forecast for various segments at the global, regional, and country levels is derived from the most credible published sources and through interviews with the right stakeholders. The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on themarket.

Regional Insights:

The market area, which is further segmented into sub-regions and nations/regions, is covered in the U.S. Pharmacy Market research. This chapter of the research includes details on profit prospects in addition to market share data for each region and subregion.

  • North America (United States, Canada, and Mexico)
  • Europe (UK, Germany, France, Russia, and Italy)
  • Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
  • South America (Brazil, Colombia, Argentina, etc.)
  • The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa) 
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