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Dispensing Chemists in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Dispensing Chemists Market Research Report | SIC G47.730 | Oct 2016

Upping the dosage: Increased health consciousness will help drive industry revenue

IBISWorld’s Dispensing Chemists market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Alliance Boots plc Alliance Boots plc market share
Co-operative Group Ltd Co-operative Group Ltd market share
Lloyds Pharmacy Ltd Lloyds Pharmacy Ltd market share
Industry Statistics & Market Size
Revenue
£11bn
Annual Growth 12-17
1.1%
Annual Growth 17-22
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Profit
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Employment
92,687
Businesses
4,505
Industry Analysis & Industry Trends

Operators in the Dispensing Chemists industry distribute pharmaceutical products to consumers, meaning they play an important role in the UK health-care system. Retail and community pharmacies also sell over-the-counter (OTC) medicines, provide professional advice and carry out basic medical testing. Due to the nature of the industry, operators are subject to government regulations. Over the past decade, several regulatory changes have been introduced, which have altered the retail pharmacy landscape. Increasing competitive pressure from supermarkets has also stimulated changes in the industry, and many operators have struggled to maintain healthy margins.

Over the five years through 2016-17, industry revenue is forecast to increase at a compound annual rate of 1.1%... purchase to read more

Industry Report - Industry Analysis Chapter

The Dispensing Chemists industry has undergone significant changes in the past decade. The partial deregulation of the industry in 2005 allowed external players like supermarkets to provide pharmaceutical services and this continued to influence performance over the past five years. Over the past five-year period a growing population has boosted industry demand as NHS prescriptions have increased, and operators have benefited from higher prescription dispensing volumes. However, increased competition in the industry due to the rising number of small operators has led to profit margins falling. As branded prescription products begin to lose their patent protection and are replaced with cheaper generic products, operators are struggling to cope with the resultant fall in revenue. How.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Dispensing Chemists Industry?

Operators in the industry dispense and retail pharmaceutical goods via community pharmacies and chemists. Pharmacies also provide other NHS services and sell over-the-counter medications and health-related products. This industry does not include non health-related products. This report does not cover in-store supermarket pharmacies.

Industry Products
Branded prescription drugsGeneric prescription drugsCough and cold non-prescription drugs
 
Industry Activities
Dispensing prescription pharmaceuticalsRetailing over-the-counter medication


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