E-Pharmacy Market is projected to reach a value of USD 123.2 billion by 2027 at a CAGR of 14.2%.

E-Pharmacy Market: Summary

The Global E-Pharmacy Market is projected to reach a value of USD 123.2 billion by 2027 at a CAGR of 14.2%.

The e-pharmacy is referring to an online medical store where we can purchase medicines and other pharmacy product from home. It is also widely known as mail order pharmacy and internet pharmacy. It offers the convenience to the customers in purchasing as well as delivering the products, providing valuable information on the prescribed drugs, and offers transparency in prices. Global e-pharmacy market is rising with the rising access to web-based and online services. However, the growing large number of illegitimate e-pharmacies are expected to hinder the growth of the market.

E-Pharmacy Market: Market Dynamics

Market Driver:

• Growing Internet Penetration Across the World
• There has been growing internet penetration across the world is play a significant role for the e-pharmacy market. As the millennial in the generation are majorly depend on the online procurements of the goods such as counter medicines
• The rising internet penetration has grown at a rapid pace in the countries such as India, with the Digital India Program underway, the number of internet users is set to reach more than 500 Million by 2025
• Moreover, the North America is leading in terms of Internet penetration with more than 80% of the population connected to the Internet whereas in Europe with about 70% penetration
• As the sales channels of industries are going online with the shopping benefits it offers to the buyers. The online pharmacies are expected to witness a growth during the forecast period with the rise of Internet penetration as well as by growing trend of online shopping
• For example, there is various startup springing up throughout the globe due to the advent of the new information technologies as well as the algorithms which lead to offers better consumer experiences and satisfactions
• Furthermore, the mobile apps are also getting huge popularity and becoming part of everyday lives. The use of mobile apps in online pharmacy sector is increasing rapidly, with availability of several Android and iOS application that enable patients to order prescriptions easily and quickly.
• Rising Usage of Mobile Application
• Increasing Adoption of Ecommerce and Digital Technologies in Healthcare

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Market Challenges:

• Growing Large Number of illegitimate ePharmacies

E-Pharmacy Market: Key Segments

• The E-Pharmacy Market is majorly segments into drugs type and product type.
• On the basis of drugs type, the market is sub segmented into prescription drugs and over the counter (OTC) drugs. The prescription drugs is excepted to hold the higher share in the forecast period. As there is rising implementation of e-prescriptions, and the strict regulatory policies about the online pharmacies leading to the enhance the quality of drugs to be sold.
• On the basis of product type, the market is bifurcated into dental, weight loss, skin care, vitamins, cold and flu and other.

E-Pharmacy Market: Key Regions

On the basis of region, the market is divided into Americas, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Americas accounted for the major market share, as theU.S is excepted to hold the high penetration market of internet due to the well developed infrastructure as well as the rise in number of people suffering from Covid-19 is also lead to boost the market growth in the region.. However, Asia-Pacific is projected grow at the fastest growth rate, with the emerging economies, such as China and India lead to possess high growth rate in the forecast period.

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Key Companies Covered

• Avery Dennison Corporation (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
• Cardinal Health
• Coloplast Corp
• CVS Health
• Express Scripts Holding Company
• Giant Eagle, Inc.
• OptumRx, Inc.
• The Kroger Co.
• Walgreen Co.
• Walmart
• Other Key Companies

E-Pharmacy Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

E-Pharmacy Market, by Drugs Type

• Prescription Drugs
• Over the Counter (OTC) Drugs

E-Pharmacy Market, by Product Type

• Dental
• Weight Loss
• Skin Care
• Vitamins
• Cold and Flu
• Other

E-Pharmacy Market, by Region

• Americas
• North America
• US
• Canada
• Latin America
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Europe
• Germany
• UK
• France
• Italy
• Rest of Europe
• Middle East & Africa
• Middle East
• Africa

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E-Pharmacy Market, by Region

• Americas
• North America
• US
• Canada
• Latin America
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Europe
• Germany
• UK
• France
• Italy
• Rest of Europe
• Middle East & Africa
• Middle East
• Africa

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Table of Content

1. INTRODUCTION
2. Research Objectives
3. Market Definition
4. Research Scope
5. Regional Coverage
6. Research Timeline
7. Assumptions
8. Limitations
9. RESEARCH DESIGN & SCOPE
10. Introduction
11. Primary Research
12. Key Industry Expert Insight
13. Secondary Research
14. Vital Data from Secondary Sources
15. Market Size Estimation
16. Data Validation & Triangulation
17. EXECUTIVE SUMMARY
18. MARKET DYNAMICS
19. Introduction
20. Drivers
21. Growing Internet Penetration Across the World
22. Rising Access to Web-based and Online Services
23. Restraints
24. Growing Large Number of illegitimate ePharmacies
25. Opportunities
26. Increasing Adoption of Ecommerce and Digital Technologies in Healthcare
27. Rising Usage of Mobile Application
28. Market Factor Analysis
29. Porters Five Forces Analysis
30. Power of Buyers
31. Power of Suppliers
32. Intensity of Competition
33. Challenges of Substitutes
34. Challenges of New Entrants
35. Macro-Economic Indicators
36. Value Chain Analysis
37. R&D and Designing
38. Manufacturing
39. Distribution & Sales
40. Post-Sales Services
41. COVID-19 Impact Analysis
42. Impact on Service
43. Impact on Market Growth
44. Impact on Regions
45. GLOBAL E-PHARMACY MARKET BY DRUGS TYPE, MARKET SIZE IN USD MILLION (2018–2027)
46. Introduction
47. Prescription Drugs
48. Over the Counter Drugs
49. GLOBAL E-PHARMACY MARKET BY PRODUCT TYPE, MARKET SIZE IN USD MILLION (2018–2027)
50. Introduction
51. Dental
52. Weight Loss
53. Skin Care
54. Vitamins
55. Cold and Flu
56. Other
57. GLOBAL E-PHARMACY MARKET BY REGION, MARKET SIZE IN USD MILLION (2018–2027)
58. Americas
59. North America
60. US
61. Canada
62. Latin America
63. Asia-Pacific
64. China
65. India
66. Japan
67. Australia
68. South Korea
69. Rest of Asia-Pacific
70. Europe
71. Germany
72. France
73. Italy
74. UK
75. Spain
76. Rest of Europe
77. Middle East and Africa
78. Middle East
79. Africa
80. COMPETITIVE LANDSCAPE
81. Introduction
82. Market Ranking/Share Analysis of Key Companies
83. Company Benchmarking
84. Key Developments
85. COMPANY PROFILES
86. Avery Dennison Corporation
87. Company Overview
88. Financial Overview
89. Products/Solutions/Services Offered
90. Key Developments
91. SWOT Analysis
92. Key Strategy
93. Cardinal Health
94. Coloplast Corp
95. CVS Health
96. Express Scripts Holding Company
97. Giant Eagle, Inc.
98. OptumRx, Inc.
99. The Kroger Co.
100. Walgreen Co.
101. Walmart
102. Other Key Companies
103. APPENDIX
104. Key Industry Expert Insights
105. Primary Discussion Guide
106. Customization Options

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