This histogram represents the sales of pharmacies and drugstores in the United States between 1992 and 2014. In 2014, the sales of pharmacies and drugstores amounted to approximately billion U.S. dollars.
Pharmacy and Drugstore Sector in the United States
The pharmaceutical industry includes pharmacies and drugstores designated under these names in North America. According to ÌÇÐÄÆƽâ°æ estimates, calculated from figures presented by IBIS World, pharmacies and drugstores in the United States generated billion U.S. dollars in revenue in 2014. Due to the aging population and a higher prevalence of chronic diseases, the demand for legal pharmaceutical products continues to increase.
Pharmacies and drugstores provide prescription and over-the-counter medications directly to patients. However, their role goes beyond simple distribution, as they provide medications in precise doses, maintain optimal storage conditions, and offer valuable advice to patients. Pharmacies operate in various locations, including communities, hospitals, clinics, and nursing homes. Other points of sale for medications include supermarkets and independent and online pharmacies, which offer patients mail-order medications and are particularly convenient for people who cannot leave their homes. In addition to medications, various products also represent a percentage of sales at these points of sale, such as cosmetics and confectionery.
The retail pharmaceutical industry employs many different types of positions. Each store employs a manager, as well as service managers or assistant managers to handle additional administrative tasks. Sales associates are generally workers entering the labor market. Pharmacists must have a specialized degree and a license to dispense medications.
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