E-Pharmacy Market Size By Drug Type, By Product Type, By Geographic Scope And Forecast


Posted March 9, 2020 by jennysmith22119

E-Pharmacy Market was valued at USD 47.23 Billion in 2018 and is projected to reach USD 162.41 Billion by 2026, growing at a CAGR of 16.614 % from 2019 to 2026.

 
E-Pharmacy Market Size And Forecast
According to Verified Market Research, The Global E-Pharmacy Market was valued at USD 47.23 Billion in 2018 and is projected to reach USD 162.41 Billion by 2026, growing at a CAGR of 16.614 % from 2019 to 2026.

What is E-Pharmacy?
E-Pharmacy also referred to as online pharmacy, internet pharmacy is a type of pharmacies operating over the internet and delivers drugs, medicines orders to the customers. With the help of this technology, patients can now buy the use of prescription of registered medical practitioners order the medicines via the use of the internet & get it delivered them at their doorsteps. There is a requirement of two operating components in E pharmacy for dispensing prescription medicines. It offers many advantages such as convenience, time-saving, less expensive, range of choices, drug approval, and many others.

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Global E-Pharmacy Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

A large number of patients prefer doorsteps delivery of medicines owing to the unavailability of certain medicines in pharmacy stores. This, in turn, boosts the demand for e-pharmacy across the globe. Therefore, increasing demand for mail-order medicines along with increasing penetration of e-commerce and the use of the internet are major factors driving the market growth. Moreover, the rising use of smartphones and tablets is accelerating the demand for e pharmacy. On the contrary, rising fraud activities, as well as security & privacy concerns, might act as restraints and further hamper the market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global E-Pharmacy Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global E-Pharmacy Market Competitive Landscape
The “Global E-Pharmacy Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as CVS Health Corporation, DocMorris, Express Scripts Holding Company, Giant Eagle Inc., Optum Rx Inc., Rowlands Pharmacy, The Kroger Co., Walgreen Co., Walmart Stores Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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E-Pharmacy Market, By Drug Type
• Prescription Drugs
• Over-the-counter (OTC) Drugs

E-Pharmacy Market, By Product Type
• Skin Care
• Dental
• Cold and Flu
• Vitamins
• Others

E-Pharmacy Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags epharmacy market
Last Updated March 9, 2020