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Retail Pharmacy Market Blog 2: Prescription Drugs Dominate, But Health and Beauty Products Are the Fastest-Growing Category
Prescription drugs remain the dominant product category in the retail pharmacy market, accounting for 54% of the market share in 2024. This segment is driven by the rising prevalence of chronic diseases (diabetes, hypertension, hyperlipidemia, asthma, depression) that require ongoing medication, an aging population with polypharmacy (many older adults take 5+ prescription medications), and...
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