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Health Stores in the US: Market Research Report

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

Health Stores Market Research Report | NAICS 44619 | May 2014

Vital signs: Rising health consciousness and the needs of the aging population will bolster demand

IBISWorld’s Health Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 09-14
2.0%
Annual Growth 14-19
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Profit
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Employment
156,510
Businesses
64,847
Industry Analysis & Industry Trends

Despite the struggling US economy, the Health Stores industry has maintained revenue growth during the past five years. The aging population, improving consumer sentiment and escalating healthcare costs will continue to drive demand over the next five years. Furthermore, changing attitudes toward personal healthcare will bolster demand, particularly for natural and antiaging products. While competition will put pressure on prices, several factors will boost demand for health stores during the five years to 2019... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Health Stores industry are moderate. While the market share concentration in the Health Stores industry is low, existing retailers have developed strong relationships with wholesale distributors, ensuring that they receive the most competitive prices that can then be passed on to customers, as the company maintains and expands its market share. Additionally, some players are subsidiaries of vertically integrated supplement manufacturing firms. This gives their retail operations a competitive price and supply advantage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Health Stores Industry?

The Health Stores industry includes retailers that primarily sell health and personal care products. Examples include nutritional supplement stores; convalescent and prosthetic supply stores; and specialized medical supply stores. The industry excludes pharmacies and optical goods, perfume, cosmetics and beauty supply stores.

Industry Products
Vitamin and mineral supplementsFirst-aid productsConvalescent care productsOrthopedic equipmentSports nutrition products
 
Industry Activities
Retailing convalescent care productsRetailing first-aid productsRetailing orthopedic equipmentRetailing sports nutrition equipmentRetailing vitamin and mineral supplementsRetailing otological equipment


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