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NAICS Code 621330-02 Description (8-Digit)

Pharmacists are professionals who are responsible for dispensing prescription medications to patients and providing information about these medications. They work in a variety of settings, including hospitals, retail pharmacies, and long-term care facilities. Pharmacists are highly trained in the use and effects of medications, and they play a critical role in ensuring that patients receive the correct medications in the correct dosages.

Hierarchy Navigation for NAICS Code 621330-02

Tools

Tools commonly used in the Pharmacists industry for day-to-day tasks and operations.

  • Prescription dispensing software
  • Drug interaction databases
  • Automated dispensing machines
  • Pill counters
  • Prescription label printers
  • Medication compounding equipment
  • Blood pressure monitors
  • Glucose meters
  • Prescription vial filling machines
  • Prescription verification systems

Industry Examples of Pharmacists

Common products and services typical of NAICS Code 621330-02, illustrating the main business activities and contributions to the market.

  • Retail pharmacy
  • Hospital pharmacy
  • Long-term care pharmacy
  • Compounding pharmacy
  • Mail-order pharmacy
  • Specialty pharmacy
  • Nuclear pharmacy
  • Clinical pharmacy
  • Ambulatory care pharmacy
  • Home infusion pharmacy

Certifications, Compliance and Licenses for NAICS Code 621330-02 - Pharmacists

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

  • Doctor Of Pharmacy (Pharm.d.): A professional degree required to become a licensed pharmacist in the US. The degree program includes coursework in pharmacology, pharmaceutical chemistry, and pharmacy practice. Offered by accredited colleges of pharmacy.
  • Pharmacy Technician Certification (Cpht): A certification that demonstrates the knowledge and skills required to assist pharmacists in dispensing medications. Offered by the Pharmacy Technician Certification Board (PTCB).
  • Board Certified Pharmacotherapy Specialist (BCPS): A certification that demonstrates advanced knowledge and skills in pharmacotherapy. Offered by the Board of Pharmacy Specialties (BPS).
  • Immunization Delivery Certification: A certification that allows pharmacists to administer vaccines. Offered by the American Pharmacists Association (APhA).
  • Medication Therapy Management Certification (MTM): A certification that demonstrates the knowledge and skills required to provide medication therapy management services. Offered by the National Board of Medication Therapy Management (NBMTM).

History

A concise historical narrative of NAICS Code 621330-02 covering global milestones and recent developments within the United States.

  • The history of the pharmacists industry dates back to ancient times when people used natural remedies to treat illnesses. The first recorded pharmacist was a man named Pedanius Dioscorides, who wrote a five-volume book called "De Materia Medica" in the first century AD. In the Middle Ages, pharmacists were known as apothecaries and were responsible for preparing and dispensing medicines. The first pharmacy in the United States was established in 1729 in Philadelphia by Christopher Marshall. In the 19th century, the pharmaceutical industry began to grow rapidly, and pharmacists became more involved in the development and production of drugs. Notable advancements in the industry include the discovery of penicillin by Alexander Fleming in 1928 and the development of the first oral contraceptive pill in 1960 by Gregory Pincus and John Rock. In recent history, the pharmacists industry has continued to evolve and adapt to new technologies and changing healthcare needs. The introduction of computerized prescription systems and electronic health records has made it easier for pharmacists to manage patient information and ensure that medications are safe and effective. Pharmacists have also become more involved in providing patient care, offering services such as medication therapy management and immunizations. In response to the COVID-19 pandemic, pharmacists have played a critical role in administering vaccines and providing information to the public about the virus and its treatment. Overall, the pharmacists industry has a rich history of innovation and adaptation, and it continues to play a vital role in healthcare today.

Future Outlook for Pharmacists

The anticipated future trajectory of the NAICS 621330-02 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 industry of Pharmacists in the USA is positive. The demand for pharmacists is expected to grow due to the aging population and the increasing number of people with chronic diseases. The Bureau of Labor Statistics predicts that employment of pharmacists will grow 3 percent from 2019 to 2029, which is about as fast as the average for all occupations. Additionally, the role of pharmacists is expanding beyond dispensing medications to include more patient care services, such as immunizations and health screenings. This shift in responsibilities is expected to increase demand for pharmacists in the coming years.

Industry Innovations for NAICS Code 621330-02

Recent groundbreaking advancements and milestones in the Pharmacists industry, reflecting notable innovations that have reshaped its landscape.

  • Telepharmacy: Telepharmacy is a recent innovation that allows pharmacists to provide remote medication dispensing and counseling services to patients. This technology is particularly useful in rural areas where access to pharmacies may be limited.
  • Medication Therapy Management (MTM): MTM is a service provided by pharmacists to help patients manage their medications and improve their health outcomes. This service includes medication reviews, patient education, and collaboration with other healthcare providers.
  • Electronic Prescribing: Electronic prescribing is a technology that allows healthcare providers to send prescriptions directly to a patient's pharmacy electronically. This innovation has improved patient safety and reduced medication errors.
  • Medication Synchronization: Medication synchronization is a service provided by pharmacists that allows patients to pick up all of their medications at the same time each month. This service improves medication adherence and reduces the risk of missed doses.
  • Point-Of-Care Testing: Point-of-care testing is a service provided by pharmacists that allows them to perform diagnostic tests on patients in the pharmacy. This service includes tests for conditions such as strep throat, flu, and cholesterol levels.

NAICS Code 621330-02 - Pharmacists

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