Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond

What's Inside

Each Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries.

In this Market Navigator, Coresight Research explores drugstore and pharmacy retailers operating in the US. Dive in today to gain insights into emerging ideas and opportunities, understand the growth trajectory of the market and explore the competitive landscape. You will discover key insights about market factors, consumer behavior and preferences—based on proprietary survey findings—the US macro context and more. We also discuss the themes we are watching in the market, aligning with our RESET framework. Key topics covered in this report include sustainability, GenAI (generative artificial intelligence), consumerized healthcare and private-label offerings.

Included with this Market Navigator: 

• Grab quick access to charts, data points and conclusions in the presentation download
• Access the data behind key charts and tables in the Excel download

Data in this research report include:

• Market size and year-over-year growth rates, 2018–2027E
• Sales breakdowns by sector, 2022
• Online sales, year-over-year growth and e-commerce penetration rates, 2018–2027E
• Prescription and non-prescription drug Consumer Price Index (CPI), as well as the pharmacies and drugstores Producer Price Index (PPI)
• Revenues, operating margins and store portfolios of leading companies from across the US drugstore and pharmacy landscape
• Proprietary survey data on where US consumers are shopping and what they are buying, as well as how they are changing their shopping habits in response to inflation

Companies mentioned in this report include: Adobe, Albertsons, Amazon, Best Buy, Chewsy, Cityblock Health, CVS Health, Dollar General, Good Neighbor Pharmacy, Google, Hy-Vee, Koninklijke Ahold Delhaize, Kroger, Microsoft, Publix, Rite Aid, Target, Walgreens Boots Alliance, Walmart

Other relevant research:

• The Research Preview for this report
• US Drugstores—Retail 2024 Sector Outlook: Mid-Single-Digit Sales Growth; Stronger Focus on Healthcare Expansion
• Five Ways AI Is Being Used in Drugstore Retail
• Head-to-Head in US Drugstore Retailing: CVS Health vs. Walgreens Boots Alliance
• More reports in the Coresight Research Market Navigator (and Market Outlook) series