Tools commonly used in the Pharmaceutical Consultants (Retail) industry for day-to-day tasks and operations.

• Pharmacy management software
• Inventory tracking software
• Point-of-sale systems
• Customer relationship management (CRM) software
• Compliance tracking software
• Data analytics tools
• Marketing automation software
• Financial management software
• Electronic prescribing software
• Telehealth platforms

Common products and services typical of NAICS Code 456110-08, illustrating the main business activities and contributions to the market.

• Pharmacy operations consulting
• Regulatory compliance consulting
• Inventory management consulting
• Marketing strategy consulting
• Customer service consulting
• Financial management consulting
• Data analytics consulting
• Telehealth consulting
• Electronic prescribing consulting
• Compliance tracking consulting

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Pharmacy Technician Certification: This certification is required for pharmacy technicians in most states in the US. It is provided by the Pharmacy Technician Certification Board (PTCB) and ensures that the technician has the necessary knowledge and skills to assist pharmacists in dispensing medications safely and accurately.
• Immunization Certification: This certification is required for pharmacists who want to administer immunizations in some states in the US. It is provided by the American Pharmacists Association (APhA) and ensures that the pharmacist has the necessary knowledge and skills to administer immunizations safely and effectively.
• Drug Enforcement Administration (DEA) Registration: This registration is required for pharmacies that dispense controlled substances in the US. It is provided by the DEA and ensures that the pharmacy is complying with federal regulations regarding the handling and dispensing of controlled substances.
• National Association Of Boards Of Pharmacy (NABP) Accreditation: This accreditation is required for pharmacies that want to participate in the Verified Internet Pharmacy Practice Sites (VIPPS) program. It is provided by the NABP and ensures that the pharmacy is operating in compliance with state and federal regulations and is providing safe and effective pharmaceutical care to patients.
• Good Manufacturing Practices (GMP) Certification: This certification is required for pharmaceutical manufacturers in the US. It is provided by the Food and Drug Administration (FDA) and ensures that the manufacturer is following established procedures for the design, monitoring, and control of manufacturing processes and facilities.

A concise historical narrative of NAICS Code 456110-08 covering global milestones and recent developments within the United States.

• The "Pharmaceutical Consultants (Retail)" industry has a long history dating back to the early 20th century when the first drugstores were established in the United States. These stores were small and primarily sold over-the-counter medications and personal care products. In the 1950s, the industry saw significant growth with the introduction of prescription drugs and the expansion of drugstore chains. The 1970s saw the emergence of pharmacy benefit managers, which helped to streamline the prescription drug process. In recent years, the industry has seen a shift towards more personalized care and the integration of technology to improve patient outcomes. In the United States, the industry has also been impacted by the opioid epidemic, which has led to increased regulation and scrutiny of prescription drug practices.

The anticipated future trajectory of the NAICS 456110-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Pharmaceutical Consultants (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for personalized healthcare services and the rising number of chronic diseases. The aging population is also expected to contribute to the growth of the industry as they require more healthcare services. The industry is also expected to benefit from the increasing use of technology in healthcare services, which will lead to more efficient and effective services. However, the industry may face challenges such as increasing competition and regulatory changes. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Pharmaceutical Consultants (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Telepharmacy: This innovation allows patients to receive pharmacy services remotely, which is especially useful for those in rural areas or with limited mobility.
• Medication Therapy Management: This service provides patients with personalized medication plans and helps them manage their medications more effectively.
• Prescription Delivery Services: Many pharmacies now offer prescription delivery services, which is especially useful for those who are unable to leave their homes.
• Online Prescription Refills: Patients can now refill their prescriptions online, which is more convenient and saves time.
• Automated Dispensing Systems: These systems help pharmacies manage their inventory more efficiently and reduce the risk of errors.