Definition
This industry comprises establishments known as pharmacies and drug stores engaged in retailing prescription or non-prescription drugs and medicines. The Pharmacy and Drug Store industry in the US retails a range of prescription and over the counter (OTC) medicines, apothecaries, health and beauty items such as vitamin supplements, cosmetics and toiletries as well as offering photo processing services. Major industry supplies are sourced from the Drug and Druggist Sundries Wholesale industry, the Toilet Preparation Manufacturing industry, the Soap and Other Cleaning Compounds Manufacturing industry, and the Photographic Equipment and Supplies Wholesale industry.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.