Is Pharmacy in demand in Ontario?

In Ontario, the number of pharmacists has grown over the past few years—nearly doubling in size from a decade ago. As the population continues to increase and grow older, the need for prescription drugs and health services will increase, supporting demand for these professionals.

Are pharmacists in demand in Canada?

Pharmacists are listed by the Canadian Government as one of the 29 high-demand occupations in Canada. While there is a shortage of Pharmacists across all of Canada, the following cities, regions and provinces listed below have a particularly high demand for this occupation.

What does the job market look like for pharmacists?

Job Outlook Employment of pharmacists is projected to decline 2 percent from 2020 to 2030. Despite declining employment, about 11,300 openings for pharmacists are projected each year, on average, over the decade.

Are pharmacists in demand?

Are Pharmacists in Demand? According to the US Bureau of Labor Statistics, employment of pharmacists is expected to show little to no change over the next decade; however, employment in retail pharmacies is expected to be impacted by the growing number of online pharmacies.

How much do pharmacists make in Ontario?

How much does a pharmacist make in Ontario? In 2017, the median salary of a pharmacist in Ontario was $99,374 Canadian dollars per year. Ontario has 15,715 licensed pharmacists as of December 31, 2016 (Source: OCP).

What is the future demand for pharmacists?

Employment of pharmacists is projected to grow 6 percent from 2016 to 2026, about as fast as the average for all occupations. Several factors are likely to contribute to this increase. Demand is projected to increase for pharmacists in a variety of healthcare settings, including hospitals and clinics.

What is the size of the Canadian pharmaceutical market?

Size and structure of the industry Pharmaceutical sales in Canada have a 2.0 percent share of the global market, making Canada the 10th largest world market. Since 2012, compound annual growth has remained positive at 4.5 percent (IQVIA Pharmafocus 2022).

What are the challenges facing the Canadian pharmaceutical industry?

The Canadian pharmaceutical industry is undergoing tremendous challenges. In 2011, the Canadian market was the 8th largest in the world and accounted for 2.6\% of total global purchases, down slightly from a share of 2.7\% in 2010 and 2007.

How much do pharmacy assistant jobs pay per hour in Canada?

The average hourly pay for a Pharmacy Assistant in Canada is C$15.05.

What’s happening to the pharmaceutical industry?

The pharmaceutical industry, at both the global and Canadian levels, has experienced an unprecedented amount of challenges and changes over the past several years. Global market growth is trending down and the current pace is below the historical 5-year average.