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The US economy is expected to register stable growth during the forecast period.Īdditionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. The pharmacies and healthcare stores market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Western Europe was the second-largest region in the pharmacies and healthcare stores market. North America was the largest region in the pharmacies and healthcare stores market in 2021. The forms of ownership are retail chain and the independent retailer selling types of drugs that include prescription drugs, over-the-counter (otc) drugs, and other drug types. A pharmacy is a venue where one can purchase prescription drugs within a chemist's or drugstore or in a supermarket or other stores.
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The main types of pharmacies and healthcare stores are pharmacies and drug stores and other health and personal care stores.
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The pharmacies and healthcare stores market consists of sales of pharmaceuticals and healthcare products by entities (organizations, sole traders, and partnerships) that sell pharmaceuticals and healthcare products such as drugs, medical devices, and other personal care products through pharmacies and other health and personal care stores. Major companies in the pharmacies and healthcare stores market include CVS Health Corporation, McKesson Corporation, Walgreens Boots Alliance Inc, Rite Aid Corp, Costco Wholesale Corp, Loblaw, George Weston ltd, TSURUHA Holdings Inc., COSMOS Pharmaceutical Corporation, and Welcia Holdings Co. The market is expected to grow to $1,673.56 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The global pharmacies and healthcare stores market is expected to grow from $1,093.87 billion in 2021 to $1,202.94 billion in 2022 at a compound annual growth rate (CAGR) of 10%. DUBLIN-( BUSINESS WIRE)-The "Pharmacies and Healthcare Stores Global Market Report 2022" report has been added to 's offering.