Global Pharmacy Market Size & Outlook, 2024-2030
Global pharmacy market, 2018-2030 (US$M)
Related Markets
Global pharmacy market highlights
- The global pharmacy market generated a revenue of USD 1,350,748.0 million in 2024 and is expected to reach USD 2,059,407.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.3% by 2030.
- In terms of segment, prescription accounted for a revenue of USD 1,097,667.0 million in 2024.
- OTC is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,350,748.0 million |
| Market revenue in 2030 | USD 2,059,407.9 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Prescription |
| Fastest growing segment | OTC |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prescription, OTC |
Other key industry trends
- In terms of revenue, the North America accounted for 53.2% of the global pharmacy market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 12,842.6 million by 2030.
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Pharmacy Market Scope
Pharmacy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| WELL Health Technologies Corp | View profile | 2200 | 375 Water Street, Suite 550, Vancouver, BC, Canada, V6B 5C6 | https://www.well.company |
| Rite Aid Corp | View profile | 47000 | 1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, United States, 17105 | https://www.riteaid.com |
| Humana Inc | View profile | 67600 | 500 West Main Street, Louisville, KY, United States, 40202 | https://www.humana.com |
| CVS Health Corp | View profile | 300000 | One CVS Drive, Woonsocket, RI, United States, 02895 | https://www.cvshealth.com |
| The Kroger Co | View profile | 414000 | 1014 Vine Street, Cincinnati, OH, United States, 45202 | https://www.thekrogerco.com |
| The Cigna Group | View profile | 72500 | 900 Cottage Grove Road, Bloomfield, CT, United States, 06002 | https://www.cigna.com |
| Walmart Inc | View profile | 2100000 | 702 S.W. 8th Street, Bentonville, AR, United States, 72716 | https://stock.walmart.com |
| Walgreens Boots Alliance Inc | View profile | 331000 | 108 Wilmot Road, Deerfield, IL, United States, 60015 | https://www.walgreensbootsalliance.com |
Global pharmacy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmacy market will help companies and investors design strategic landscapes.
Prescription was the largest segment with a revenue share of 81.26% in 2024. Horizon Databook has segmented the Global pharmacy market based on prescription, otc covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmacy Product Outlook (Revenue, USD Million, 2018-2030)
- Prescription
- OTC
- Global Pharmacy Pharmacy Type Outlook (Revenue, USD Million, 2018-2030)
- Hospital Pharmacy
- ePharmacy
- Other Pharmacy Type
- Retail Pharmacy
- Chain
- Independent
- Other Retail Pharmacy
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Target buyers of Global pharmacy market databook
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Our clientele includes a mix of pharmacy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmacy market, including forecasts for subscribers. This global databook contains high-level insights into Global pharmacy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global pharmacy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmacy market size, 2024 (US$M)
Global pharmacy market share, by product, 2024 & 2030 (%, US$M)
Pharmacy market: Opportunity assessment by country
Global pharmacy market, by region, 2024 (US$M)
Related statistics
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