GITNUX MARKETDATA REPORT 2024

Must-Know Pharmacist Statistics [Recent Analysis]

Highlights: The Most Important Pharmacist Statistics

  • The average annual wage for pharmacists in the United States is $128,710.
  • Approximately 61% of pharmacists work in retail pharmacies, including both independently owned and chain stores.
  • Employment of pharmacists is projected to grow by 3% from 2019-2029, a rate considered slower than the average for all occupations.
  • Over 314,300 pharmacists are employed in the United States.
  • Approximately 43% of pharmacists in the United States are women.
  • According to the 2019 National Pharmacist Workforce Study, the median pharmacist work week is approximately 40 hours.
  • Roughly 97% of pharmacists in the United States hold a Doctor of Pharmacy (PharmD) degree.
  • In Canada, there are 42,500 licensed pharmacists, with 70% working in community pharmacy settings.
  • California employs the highest number of pharmacists in the United States, with over 31,000 pharmacists.
  • India has a ratio of 0.8 pharmacists per 10,000 people.
  • In 2020, there were an estimated 47,743 pharmacies operating in the United States.
  • 29% of pharmacists working in hospitals provided direct patient care services in 2018.
  • Pharmacist job satisfaction remains high, with 81% of pharmacists reporting high levels of job satisfaction in 2019.
  • About 4.8 million pharmacist-written medication therapy management recommendations were accepted by providers in 2017.
  • Approximately 6% of pharmacists in the United States held residency training in 2019.
  • As of 2022, there are 143 accredited Doctor of Pharmacy programs in the United States.
  • The number of pharmacy graduates has grown by 70% between 2000 and 2017 in the United States.
  • The estimated number of pharmacists worldwide is 3.3 pharmacists per 10,000 population in 2020.

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Pharmacists are an integral part of the healthcare system, providing essential services to patients and helping ensure that medications are used safely and effectively. With a wide range of responsibilities, pharmacists play a vital role in patient care. To better understand this important profession, let’s take a look at some key statistics about pharmacists around the world.

The Most Important Statistics
The average annual wage for pharmacists in the United States is $128,710.

This statistic is a testament to the value of pharmacists in the United States. It speaks to the level of expertise and dedication required to be successful in this field, and the financial rewards that come with it. It also serves as a reminder of the importance of pharmacists in providing essential healthcare services to the public.

Approximately 61% of pharmacists work in retail pharmacies, including both independently owned and chain stores.

This statistic is a telling indication of the prevalence of retail pharmacies in the pharmacist profession. It highlights the fact that the majority of pharmacists are employed in retail settings, which is an important factor to consider when discussing the role of pharmacists in the healthcare system.

Pharmacist Statistics Overview

Employment of pharmacists is projected to grow by 3% from 2019-2029, a rate considered slower than the average for all occupations.

This statistic is a crucial indicator of the future of the pharmacist profession. It shows that while the field is expected to grow, the rate of growth is slower than the average for all occupations. This is important information for those considering a career in pharmacy, as it provides an insight into the potential job market and the competition they may face.

Over 314,300 pharmacists are employed in the United States.

This statistic is a testament to the importance of pharmacists in the United States. It shows that pharmacists are a vital part of the healthcare system, providing essential services to patients and helping to ensure that medications are used safely and effectively. This statistic is a reminder of the important role that pharmacists play in our society and the need for more pharmacists to meet the growing demand for their services.

Approximately 43% of pharmacists in the United States are women.

This statistic is significant in the context of a blog post about Pharmacist Statistics because it highlights the growing presence of women in the field. It demonstrates that the profession is becoming increasingly diverse and inclusive, and that women are making strides in a traditionally male-dominated industry. This statistic is a testament to the progress that has been made in the field and serves as an inspiration for other women to pursue a career in pharmacy.

According to the 2019 National Pharmacist Workforce Study, the median pharmacist work week is approximately 40 hours.

This statistic is a valuable insight into the pharmacist profession, as it provides a glimpse into the amount of time that pharmacists dedicate to their work. It is important to note that the median work week for pharmacists is 40 hours, which is indicative of the dedication and commitment that pharmacists have to their profession. This statistic is especially pertinent in a blog post about pharmacist statistics, as it provides a comprehensive overview of the pharmacist profession and the amount of time that pharmacists spend on their work.

Roughly 97% of pharmacists in the United States hold a Doctor of Pharmacy (PharmD) degree.

This statistic is a testament to the high level of education and expertise that pharmacists in the United States possess. It speaks to the dedication and commitment of pharmacists to their profession, and the importance of having a PharmD degree in order to practice pharmacy. It also highlights the importance of pharmacists in providing quality healthcare services to the public.

In Canada, there are 42,500 licensed pharmacists, with 70% working in community pharmacy settings.

This statistic is a telling indication of the importance of pharmacists in the Canadian healthcare system. With such a large number of pharmacists, it is clear that they play a vital role in providing essential services to the public. Furthermore, the fact that 70% of these pharmacists are working in community pharmacy settings highlights the importance of pharmacists in providing accessible healthcare to Canadians.

California employs the highest number of pharmacists in the United States, with over 31,000 pharmacists.

This statistic is a testament to the importance of pharmacists in California. With over 31,000 pharmacists employed, it is clear that the state recognizes the vital role that pharmacists play in providing quality healthcare to its citizens. This statistic serves as a reminder of the importance of pharmacists in the healthcare system and the need for more pharmacists to meet the growing demand.

India has a ratio of 0.8 pharmacists per 10,000 people.

This statistic is a telling indication of the state of healthcare in India. It highlights the fact that there is a lack of pharmacists in the country, which could be a major factor in the inadequate access to medication and other pharmaceutical services. This could be a major contributor to the overall health of the population, as it could lead to a lack of proper diagnosis and treatment of illnesses. This statistic is a reminder of the need for more pharmacists in India in order to ensure that the population has access to the necessary healthcare services.

In 2020, there were an estimated 47,743 pharmacies operating in the United States.

This statistic is a testament to the importance of pharmacists in the United States. With nearly 48,000 pharmacies operating in 2020, it is clear that pharmacists are a vital part of the healthcare system, providing essential services to patients and helping to ensure that medications are used safely and effectively.

The global pharmaceuticals market was worth $934.8 billion in 2017, with consumer spending on prescription medications reaching approximately $1.2 trillion in 2021.

This statistic is a powerful indicator of the immense growth of the pharmaceuticals market, and its potential for further expansion. It highlights the importance of pharmacists in the healthcare industry, as they are responsible for the safe and effective distribution of prescription medications. Furthermore, it demonstrates the increasing demand for pharmacists, as the consumer spending on prescription medications is projected to reach $1.2 trillion in 2021. This statistic is a testament to the vital role pharmacists play in the healthcare system, and the potential for further growth in the industry.

29% of pharmacists working in hospitals provided direct patient care services in 2018.

This statistic is a testament to the invaluable role pharmacists play in the healthcare system. It highlights the fact that pharmacists are not just responsible for dispensing medications, but are also actively involved in providing direct patient care services. This is an important reminder that pharmacists are an integral part of the healthcare team and should be recognized for their contributions.

Pharmacist job satisfaction remains high, with 81% of pharmacists reporting high levels of job satisfaction in 2019.

The high job satisfaction rate of 81% among pharmacists in 2019 is a testament to the rewarding nature of the profession. It speaks to the dedication and commitment of pharmacists to their work, and the satisfaction they derive from helping others. This statistic is a reminder of the importance of pharmacists in the healthcare system, and the impact they have on the lives of their patients.

About 4.8 million pharmacist-written medication therapy management recommendations were accepted by providers in 2017.

This statistic is a testament to the invaluable role pharmacists play in healthcare. It demonstrates that providers are increasingly recognizing the importance of pharmacists’ medication therapy management recommendations, which can help improve patient outcomes and reduce healthcare costs. This statistic is a powerful reminder of the impact pharmacists have on the healthcare system and the lives of patients.

Approximately 6% of pharmacists in the United States held residency training in 2019.

The fact that only 6% of pharmacists in the United States held residency training in 2019 is a telling statistic that speaks to the need for more pharmacists to pursue further education and training. This is especially important in light of the ever-evolving healthcare landscape and the need for pharmacists to stay up-to-date on the latest treatments and medications. With more pharmacists taking on residency training, the healthcare system can benefit from their increased knowledge and expertise.

As of 2022, there are 143 accredited Doctor of Pharmacy programs in the United States.

This statistic is a testament to the growing demand for pharmacists in the United States. With 143 accredited Doctor of Pharmacy programs, it is clear that the healthcare industry is recognizing the importance of pharmacists and the vital role they play in providing quality care to patients. This statistic is a reminder of the importance of pharmacists and the need for more of them in the healthcare system.

The number of pharmacy graduates has grown by 70% between 2000 and 2017 in the United States.

This statistic is a testament to the increasing demand for pharmacists in the United States. It highlights the growing need for qualified professionals in the field, and the importance of pharmacy education in meeting that need. It also speaks to the increasing complexity of the healthcare system, and the need for pharmacists to be well-versed in the latest treatments and medications. This statistic is a reminder of the vital role pharmacists play in providing quality healthcare to their patients.

The estimated number of pharmacists worldwide is 3.3 pharmacists per 10,000 population in 2020.

This statistic is a telling indication of the importance of pharmacists in the global healthcare system. It highlights the need for pharmacists to be available to provide essential services to the population, such as dispensing medications, providing advice on drug use, and monitoring drug safety. This statistic is a reminder of the vital role pharmacists play in ensuring the health and wellbeing of people around the world.

Conclusion

Pharmacists are an integral part of the healthcare system, providing essential services to patients and helping ensure that medications are used safely and effectively. The statistics presented in this blog post demonstrate the importance of pharmacists around the world, from their average annual wage in the United States to their prevalence across different countries. Pharmacists can be found working in retail pharmacies, hospitals, research laboratories and more; they also have a wide range of educational backgrounds ranging from Doctorate degrees to residency training programs. With employment projected to grow by 3% over the next decade and job satisfaction remaining high among pharmacists worldwide, it is clear that pharmacy will continue to play an important role within our society for years to come.

References

0. – https://www.iqvia.com

1. – https://www.psnet.ahrq.gov

2. – https://www.aacp.org

3. – https://www.pharmacytimes.com

4. – https://www.ibisworld.com

5. – https://www.bls.gov

6. – https://www.medscapereference.com

7. – https://www.pbahealth.com

8. – https://www.census.gov

9. – https://www.pharmacy.utoronto.ca

10. – https://www.statista.com

FAQs

What is the role of a pharmacist in the healthcare system?

A pharmacist is a healthcare professional responsible for dispensing medications to patients, providing information about the safe and effective usage of medicines, and ensuring the proper quantity, dosage, and administration of medications.

What are the educational requirements to become a pharmacist?

To become a pharmacist, an individual must complete a Doctor of Pharmacy (Pharm.D.) degree from an accredited pharmacy program. This usually involves a minimum of six years of post-secondary education, including two years of pre-pharmacy courses and four years of professional pharmacy education.

What is the job outlook for pharmacists in the upcoming years?

According to the U.S. Bureau of Labor Statistics, employment of pharmacists is projected to grow 3% from 2019 to 2029, which is about as fast as the average for all occupations. The demand for pharmacists is expected to increase due to an aging population and advances in pharmaceutical research.

In what settings do pharmacists typically work?

Pharmacists work in various settings, including community pharmacies, hospitals, clinics, nursing homes, long-term care facilities, pharmaceutical companies, academia, and government agencies.

What skills are essential for a successful pharmacist?

Essential skills for a pharmacist include strong communication and interpersonal skills, attention to detail, problem-solving abilities, analytical skills, and a deep understanding of the medications, their interactions, and side effects.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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