Competition, consolidation and evolution in the pharmacy market

The Commonwealth Fund

12 August 2021 - Implications for efforts to contain drug prices and spending.

Over the past two decades, the pharmacy market has changed significantly: there has been vertical and horizontal consolidation; new forms of pharmacies have emerged in addition to independent, chain retail, and mail order pharmacies; services offered by retail pharmacies have increased; and new, potentially disruptive, entrants have emerged. 

There are conflicting theories on the impact of these market changes on competition, drug prices, access to pharmacy services, and the future of the industry.

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Michael Wonder

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Michael Wonder