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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