Industry Analysis & Industry Trends
The Institutional Pharmacies managed to get through the recession without losses, but over the past to years has experienced significant drops in revenue due to reduced reimbursement rates. However, as the population ages, and baby boomers enter retirement, the industry is expected to average strong growth over the next five years.... purchase to read more
Industry Report - Industry Products Chapter
The industry provides downstream customers with a range of pharmaceutical products, consulting services and ancillary services. On a regional basis, smaller players compete with firms with extensive networks of institutional pharmacies on the flexibility of their pricing or the quality of additional services that they provide.
Pharmaceuticals are the industry's primary product segment. Demand for this segment and, thus, the industry as a whole has increased over the past five years as the median age of the population has risen and a greater portion of the population has become eligible for the federal Medicare program, which subsidizes the cost of prescription drugs... purchase to read more