Economics of the Pharmacy Retail Market: Structure, Competition, and Efficiency

This book offers a comprehensive examination of the pharmacy retail market’s role in healthcare. It explores the market’s structure, regulations, and factors, addressing issues like competition, relationships with healthcare providers, and production efficiency. The dynamic between economic, regulatory, and healthcare factors is crucial to the market’s functioning. By understanding these dynamics, stakeholders can make informed decisions to enhance pharmacy services’ accessibility, affordability, and quality.

The book covers a wide range of topics, including the historical evolution of pharmacy regulations, the impact of market competition on profitability and accessibility, and the collaborative potential between pharmacies and other healthcare providers. It also highlights the significance of production process efficiency and evaluates the effects of horizontal integration within pharmacy chains. Through empirical evidence and research, the book contributes to understanding the pharmacy retail market and offers insights for policymakers, industry professionals, and researchers to advance a more efficient, patient-centric, and sustainable pharmacy sector.