The pharmacies and healthcare stores market size is expected to see strong growth in the next few years. It will grow to $1.73 trillion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to adoption of digital pharmacy solutions, rise in telemedicine and telepharmacy, increasing preference for organic and herbal supplements, expansion of pharmacy chains in emerging markets, integration of AI-driven diagnostics in pharmacies. Major trends in the forecast period include personalized medicine solutions, smart inventory & supply chain management, eco-friendly packaging & sustainable products, digital health consultation & telepharmacy, integration of wearable health monitoring devices.
The increase in chronic conditions is expected to drive the growth of the pharmacies and healthcare stores market going forward. Chronic conditions, also referred to as chronic diseases, are long-term health issues that persist over extended periods, often throughout a person’s lifetime, and generally cannot be completely cured. Pharmacies and healthcare stores offer long-term medications, consultations, and essential monitoring tools for individuals managing chronic conditions. For example, in 2023, according to the National Library of Medicine, a US-based government medical library, by 2035, nearly 36% of US adults aged 50 and above are projected to have at least one chronic condition, with this figure expected to rise to almost 48% by 2050. Consequently, the growth of chronic conditions is fueling the pharmacies and healthcare stores market.
Major companies in the pharmacies and healthcare stores market are launching innovative pharmacy concepts, such as digital pharmacy stores, to broaden their service offerings and enhance customer experiences. Digital pharmacy stores are online platforms or applications that enable consumers to access pharmaceutical services and products over the internet. For example, in January 2024, Eli Lilly and Company, a US-based pharmaceutical firm, introduced LillyDirect, a digital healthcare platform designed to improve access to medications for patients with diabetes, obesity, and migraines. This service features a digital pharmacy that allows patients to order select Lilly medications online for home delivery at no shipping cost, along with telehealth services for remote consultations with independent providers. Furthermore, LillyDirect provides educational resources and tools to assist patients in locating local healthcare professionals.
In October 2024, CVS Pharmacy, a US-based healthcare and retail pharmacy company, acquired certain assets of Rite Aid for an undisclosed amount. Through this acquisition, CVS Pharmacy aims to broaden its pharmacy presence and enhance access to community-based pharmacy services by incorporating additional store locations and prescription records into its nationwide network. Rite Aid is a US-based retail pharmacy company that offers prescription dispensing, immunization services, and front-of-store healthcare and wellness products across its chain of drugstores.
Major companies operating in the pharmacies and healthcare stores market are Walgreens Boots Alliance Inc., CVS Health Corporation, The Kroger Company, Rite Aid Corporation, Loblaw Companies Limited, Welcia Holdings Co., Ltd., Dirk Rossmann GmbH, TSURUHA Holdings, Inc., Albertsons Companies, Inc., JD Health, Yifeng Pharmacy, Tongrentang Group, DocMorris, Medpex, Rigla Pharmacy Chain, Costco Wholesale, Thumbay Pharmacy, Aster Pharmacy, Al Manara Pharmacy, Supercare Pharmacy, Tadawi Group, Nahdi Medical Company, Chemipal Ltd., Dis-Chem, Medirite Courier Pharmacy Service, United Company of Pharmacists, Goodlife Pharmacy.
North America was the largest region in the pharmacies and healthcare stores market in 2025. Western Europe was the second-largest region in the pharmacies and healthcare stores market. The regions covered in the pharmacies and healthcare stores market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the pharmacies and healthcare stores market report are China; India; Japan; Australia; Indonesia; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; Taiwan; New Zealand; UK; Germany; France; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
The pharmacies and healthcare store market includes revenues earned by entities by providing services through hospital pharmacies, online pharmacies, and specialty stores. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Pharmacies and Healthcare Stores Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses pharmacies and healthcare stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for pharmacies and healthcare stores? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The pharmacies and healthcare stores market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Pharmacies and Drug Stores; Food (Health) Supplement Stores; Other Healthcare and Personal Care Stores2) By Ownership: Retail Chain; Independent Stores
3) By Drug Type: Prescription Drugs; Over-the-Counter (OTC) Drugs
Subsegments:
1) By Pharmacies and Drug Stores: Retail Pharmacies; Chain Drug Stores; Independent Pharmacies2) By Food (Health) Supplement Stores: Vitamin and Mineral Stores; Herbal Supplement Stores; Sports Nutrition Stores
3) By Other Healthcare and Personal Care Stores: Health and Wellness Stores; Personal Care Product Stores; Beauty Supply Stores
Companies Mentioned: Walgreens Boots Alliance Inc.; CVS Health Corporation; the Kroger Company; Rite Aid Corporation; Loblaw Companies Limited; Welcia Holdings Co., Ltd.; Dirk Rossmann GmbH; TSURUHA Holdings, Inc.; Albertsons Companies, Inc.; JD Health; Yifeng Pharmacy; Tongrentang Group; DocMorris; Medpex; Rigla Pharmacy Chain; Costco Wholesale; Thumbay Pharmacy; Aster Pharmacy; Al Manara Pharmacy; Supercare Pharmacy; Tadawi Group; Nahdi Medical Company; Chemipal Ltd.; Dis-Chem; Medirite Courier Pharmacy Service; United Company of Pharmacists; Goodlife Pharmacy
Countries: China; India; Japan; Australia; Indonesia; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; Taiwan; New Zealand; UK; Germany; France; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Pharmacies and Healthcare Stores market report include:- Walgreens Boots Alliance Inc.
- CVS Health Corporation
- The Kroger Company
- Rite Aid Corporation
- Loblaw Companies Limited
- Welcia Holdings Co., Ltd.
- Dirk Rossmann GmbH
- TSURUHA Holdings, Inc.
- Albertsons Companies, Inc.
- JD Health
- Yifeng Pharmacy
- Tongrentang Group
- DocMorris
- Medpex
- Rigla Pharmacy Chain
- Costco Wholesale
- Thumbay Pharmacy
- Aster Pharmacy
- Al Manara Pharmacy
- Supercare Pharmacy
- Tadawi Group
- Nahdi Medical Company
- Chemipal Ltd.
- Dis-Chem
- Medirite Courier Pharmacy Service
- United Company of Pharmacists
- Goodlife Pharmacy
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 1.36 Trillion |
| Forecasted Market Value ( USD | $ 1.73 Trillion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 28 |


