With more consumers using click-and-collect models and home delivery for prescription medications, eCommerce continued to drive double-digit growth in the non-traditional drug store channel, which generated $264.5 billion in sales, a $14.3 billion profit and a 1.4 percent growth rate from 2010-2015, according to IBISWorld’s December 2015 report titled “Pharmacies & Drug Stores in the US.”
The Santa Monica, Calif.-based market research firm notes that 51.5 percent of the channel is comprised of branded prescription drugs, followed by generic drugs at 20.2 percent; nonprescription medications comprised 5.1 percent of dollar share, while groceries and food items accounted for 4 percent.