According to IMARC Group latest report titled “E-Pharmacy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on E-Pharmacy market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market exhibited strong growth during 2015-2020. The Global E-Pharmacy Market to grow at a CAGR of around 18% during 2021-2026.
E-Pharmacy stands for a mail order-based drugstore that operates via an online platform to deliver medicines and other pharma products. It primarily functions through independent internet-only outlets, online branches of brick-and-mortar pharmacies, an outlet promoting pharmacy associations, etc. E-pharmacy assists in delivering orders directly to the customers via mail, online pharmacy web portals, shipping companies, etc., without involving the distributors’ long chain. Besides this, e-pharmacy web- or app-based applications also offer information related to product descriptions, prescribed dosages, side effects, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The expanding adoption of e-commerce platforms in the pharmaceutical sector is primarily driving the e-pharmacy market. Moreover, the rising internet connectivity and the increasing penetration of smart devices are further augmenting the market growth. Apart from this, the escalating geriatric population, more prone to chronic ailments that lead to muscular impairments, is also catalyzing the product demand. Furthermore, the growing number of mobile-based software applications supported by numerous in-app benefits, such as discounted offers, customized purchases, express delivery, etc., is acting as another growth-inducing factor. In addition to this, the shifting preferences towards e-pharmacy platforms to mitigate the risk of COVID-19 upon human interaction is further bolstering the market growth. Additionally, the rising integration of various innovative technologies, including artificial intelligence (AI), health information technology (HIT), predictive analytics, etc., is expected to fuel the e-pharmacy market over the forecasted period.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/e-pharmacy-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- CVS Health Corporation
- DocMorris
- Express Scripts Holding Company
- Giant Eagle Inc.
- Lloyds Pharmacy Ltd
- Optumrx, Inc.
- Rowland Pharmacy
- The Kroger Co
- Walgreen Co
- Walmart Inc
E-Pharmacy Market Segmentation:
Our report has categorized the market based on region, drug type, product type, platform and payment method.
Breakup by Drug Type:
- Over the Counter (OTC) Drugs
- Prescription Drugs
Breakup by Product Type:
- Skin Care
- Dental
- Cold and Flu
- Vitamins
- Weight Loss
- Others
Breakup by Platform:
- App-Based
- Web-Based
Breakup by Payment Method:
- Cash on Delivery
- Online Payment
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Table of Contents:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global E-Pharmacy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Drug Type
6.1 Over the Counter (OTC) Drugs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Prescription Drugs
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 Skin Care
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Dental
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cold and Flu
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Vitamins
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Weight Loss
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Platform
8.1 App-Based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Web-Based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Payment Method
9.1 Cash on Delivery
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Online Payment
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Turkey
10.5.1.1 Market Trends
10.5.1.2 Market Forecast
10.5.2 Saudi Arabia
10.5.2.1 Market Trends
10.5.2.2 Market Forecast
10.5.3 Others
10.5.3.1 Market Trends
10.5.3.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 CVS Health Corporation
14.3.1.1 Company Overview
14.3.1.2 Business Overview
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 DocMorris N.V. (Zur Rose Group AG)
14.3.2.1 Company Overview
14.3.2.2 Business Overview
14.3.3 Express Scripts Holding Company (Cigna Corporation)
14.3.3.1 Company Overview
14.3.3.2 Business Overview
14.3.4 Giant Eagle, Inc.
14.3.4.1 Company Overview
14.3.4.2 Business Overview
14.3.4.3 SWOT Analysis
14.3.5 Lloyds Pharmacy Limited (McKesson Corporation)
14.3.5.1 Company Overview
14.3.5.2 Business Overview
14.3.6 Optumrx, Inc. (Unitedhealth Group Incorporated)
14.3.6.1 Company Overview
14.3.6.2 Business Overview
14.3.7 Rowlands Pharmacy
14.3.7.1 Company Overview
14.3.7.2 Business Overview
14.3.8 The Kroger Co
14.3.8.1 Company Overview
14.3.8.2 Business Overview
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Walgreen Co. (Walgreens Boots Alliance, Inc.)
14.3.9.1 Company Overview
14.3.9.2 Business Overview
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Walmart Inc.
14.3.10.1 Company Overview
14.3.10.2 Business Overview
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
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