According to a new market report published by Transparency Market Research “ePharmacy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the global ePharmacy market is forecast to reach US$128.02 bn in 2023. The growth of global ePharmacy market is majorly driven by the increasing Internet penetration in the emerging countries across the globe, rise in the aging population and convenient access to necessary medication at your fingertips.













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With the rise of Internet penetration, there has been a dramatic shift in the buying behavior of customers toward increased online purchasing. From essentials such as groceries and apparel to luxury products, everything is available for purchase on online retail platforms. The healthcare sector is no exception to this online retail trend, with pharmacies going online. With advantages such as round-the-clock availability and delivery of drugs, complete information on the prescribed drug, and knowledge of cost-effective substitutes, the market for ePharmacies is expected to experience a surge of growth in the coming years.

Operating within all the guidelines and standards set by their respective national governments, ePharmacies have emerged as ethical business entities and have become an effective source of prescription medicines. The trend of ePharmacies was initially witnessed in the developed economies of North America and Europe; however, with the rising penetration of the Internet and growing awareness among customers about prescription medicines, the market for ePharmacies is gaining momentum in the emerging countries in Asia Pacific.

This research study focuses on providing a comprehensive market assessment on current trends in the global ePharmacies market, along with a focus on various factors affecting the market’s growth. The influential factors that affect the growth of the ePharmacy market have been analyzed under the market dynamics section, which comprises market drivers, restraints, and opportunities. The report also provides comprehensive assessment of vendor strategies for excellence in the business. The report segregates the market into five different geographies: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Some of the major countries/regions analyzed in the report include the U.S., the EU7, the CIS, China, Japan, the Indian Subcontinent, Australasia, the GCC countries, North Africa, and South Africa. The report provides market size estimates and forecasts for all the regional and country segments for the ePharmacies market.

The research study estimates the global ePharmacies market in terms of revenue (US$ Mn) for the period 2013 to 2023, which comprises:
•2013: the base year
•2014: estimated value
•2015–2023: forecast period

The market estimates have been evaluated considering different technological, economic, political, environmental, social, and legal factors. The market positioning analysis of major players in the market is provided in the research study, which would help the buyers of this report understand the key strategies adopted by these players.

The company profiles section in the report provides competitive profiles of the leading players (however not all the market players) in the market. This section elucidates on the below details:
•Company address
•Geographical presence
•Product/service portfolio
•Recent developments
•Historical roadmap
•Financial performance
•Business strategies

Some of the leading players profiled in the report include Banner Health, Dr. Fox Pharmacy, Lloyds Pharmacy Ltd., eDrugstore.MD, Walgreen Co., DocMorris NV, Rowlands Pharmacy, MediSave, CVS Caremark, and PlanetRx.com.
ePharmacy Market Segmentation:
ePharmacy Market, by Geography:
•North America
oU.S.
oRest of North America
•Europe
oEU7 (UK, Italy, Spain, France, Germany, Belgium, and Netherlands)
oCIS
oRest of Europe
•Asia Pacific
oJapan
oChina
oIndian Subcontinent (India, Pakistan, Bangladesh, Sri Lanka)
oAustralasia (Australia, New Zealand, and Guinea)
oRest of Asia Pacific
•Middle East and Africa
oGCC Countries
oNorth Africa
oSouth Africa
oRest of MEA
•Latin America
oBrazil
oRest of Latin America

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