Online E-Pharmacy Market By Product Category (Prescription Drugs and Over-the counter (OTCI) Drugs), By Product Type (Synthetic and Natural), By Product Delivery Mode (In-store and Home Delivery), By Application (Hair Care, Skin care, Weight Management and Others (Sexual Health, Allergies Etc)-Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2019–2027

    23-December-2019 | 160 Pages | | Report Code : RC-101

Global Online E-Pharmacy market was valued at US$ 43,439.6 million in 2018 and is expected to reach 150,891.1 million by 2027, growing at an estimated CAGR of 14.8% over the forecast period. Rising applications of e-prescriptions have essentially reduced pharmacy access promoting the growth of overall Online E-Pharmacy market. Rising internet penetration among the consumers to search for health and drug information and obtain their prescription medications has assisted the global Online E-Pharmacy industry. In the recent past, the California HealthCare Foundation examined three groups of online consumers i.e., the well, the newly diagnosed and the chronically ill and their caregivers. The well consumers search for preventive medicine and wellness information. The newly diagnosed search for online information in the first few weeks following their diagnosis. The chronically ill and their caregivers looked for information about the newest drug information, treatments and alternative medicine.

Although the internet penetration is generally seen as catalyst for the rising trends of consumers taking control over their health care decisions, some finds the Online E-Pharmacy as a source of questionable products. Although, the risk associated with online pharmacies providing people with counterfeit prescription drugs remains high, there has been online pharmacies offering improved services in the medical industry. The use of barcode medicine identification can help in combating both counterfeiting and medicine administration errors. Such an initiative also improves the overall workflow and can be an effective source in the name of security.

On the basis of drug type, the Online E-Pharmacy market cane be bifurcated into prescription drugs and over-the-counter (OTC) drugs. The over-the-counter (OTC) drugs segment held the maximum share in 2018 owing to rising prevalence of chronic diseases and growing demand among consumers as they can purchase these drugs without any formal prescriptions. The top brands in terms of sales vary depending on the country and there are a lot of local brands offered by global companies and local brands offered by local companies. The main factor assisting the growth for the same is strong brand loyalty.

North America Online E-Pharmacy Market Revenue & Forecast, (US$ Million), 2015–2027
Competitive Landscape
The report provides both, qualitative and quantitative research of Online E-Pharmacy market as well as provides comprehensive insights and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings, specification, pricing, and gross margin.

Some of the market participants engaged in providing Online E-Pharmacy services are Lloyds Pharmacy Limited, The Kroger Co., The Walgreen Company, CVS Health, OptumRx and Netmeds amongst others.

Online E-Pharmacy Market:
By Product Category
• Prescription Drugs
• Over-the-counter Drugs (OTC)

By Product Type
• Synthetic
• Natural

By Product Delivery Mode
• In-store
• Home Delivery

By Application
• Hair
• Skin Care
• Weight Management
• Others (Sexual Health, Allergies Etc.)

By Geography
• North America
o U.S.
o Canada
o Mexico
o Rest of North America

• Europe
o France
o The UK
o Spain
o Germany
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o New Zealand
o Australia
o South Korea
o Rest of Asia Pacific

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa

• Latin America
o Brazil
o Argentina
o Rest of Latin America

TOC NOT FOUND

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