Pharmacy and drug store sales in the United States from 1992 to 2016 (in billion U.S. dollars)

Pharmacy and drug store sales in the U.S. 1992-2016 This timeline depicts pharmacy and drug store sales in the United States from 1992 to 2016. In 2015, U.S. pharmacy and drug store sales amounted to about 263.47 billion U.S. dollars.
U.S. Pharmacies and Drug Stores Industry

The retail drug industry is comprised of pharmacies or drugstores, as they are known in North America. With an aging population and greater prevalence of chronic diseases, the need for safe, legal pharmaceutical drugs is constantly rising.

Pharmacies and drug stores dispense prescription medications and over-the-counter drugs directly to patients. However, their role is more than one of simple distribution as they dispense medication in specific doses, adhere to optimal conditions of storage and give valuable advice to patients. Pharmacies practice in a wide range of locations such as communities, hospitals, clinics and nursing homes. Other drug retail outlets include supermarkets, and independent and online pharmacies, which offer mail-order drugs to patients, proving especially convenient for those that may be unable to leave their homes. Apart from selling drugs, miscellaneous products also account for a percentage of sales for these retail outlets, such as cosmetics and confectioneries.

The retail drug store industry employs many different types of workers. Each store has a manager, along with department managers or assistant managers to handle additional administrative duties. Sales associates are generally entry-level retail workers. Pharmacists require a specialized degree and licensing to dispense medication.
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YearBillion U.S. dollars
9277.79
9379.71
9481.99
9585.84
9691.81
9798.82
98108.42
99121.28
00130.86
01141.77
02153.94
03165.52
04169.23
05179.17
06191.02
07202.28
08210.86
09217.26
10222.23
11231.25
12229.95
13235.55
14250.55
15263.47
16271.88
YearBillion U.S. dollars
9277.79
9379.71
9481.99
9585.84
9691.81
9798.82
98108.42
99121.28
00130.86
01141.77
02153.94
03165.52
04169.23
05179.17
06191.02
07202.28
08210.86
09217.26
10222.23
11231.25
12229.95
13235.55
14250.55
15263.47
16271.88
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Description Source More information
This timeline depicts pharmacy and drug store sales in the United States from 1992 to 2016. In 2015, U.S. pharmacy and drug store sales amounted to about 263.47 billion U.S. dollars.
U.S. Pharmacies and Drug Stores Industry

The retail drug industry is comprised of pharmacies or drugstores, as they are known in North America. With an aging population and greater prevalence of chronic diseases, the need for safe, legal pharmaceutical drugs is constantly rising.

Pharmacies and drug stores dispense prescription medications and over-the-counter drugs directly to patients. However, their role is more than one of simple distribution as they dispense medication in specific doses, adhere to optimal conditions of storage and give valuable advice to patients. Pharmacies practice in a wide range of locations such as communities, hospitals, clinics and nursing homes. Other drug retail outlets include supermarkets, and independent and online pharmacies, which offer mail-order drugs to patients, proving especially convenient for those that may be unable to leave their homes. Apart from selling drugs, miscellaneous products also account for a percentage of sales for these retail outlets, such as cosmetics and confectioneries.

The retail drug store industry employs many different types of workers. Each store has a manager, along with department managers or assistant managers to handle additional administrative duties. Sales associates are generally entry-level retail workers. Pharmacists require a specialized degree and licensing to dispense medication.
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Release date
March 2018
Region
United States
Survey time period
1992 to 2016
Supplementary notes
Numbers have been rounded to provide a better understanding of the statistic.
Figures are not adjusted for price changes. Retail and food services total and other subsector totals may include data for kinds of business not shown. Additional information on sample design, estimation procedures, and measures of sampling variabilty can be found here.
Estimates are shown in millions of dollars and are based on data from the Annual Retail Trade Survey. Estimates have been adjusted using preliminary results of the 2012 Economic Census.

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