Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global e-Pharma Market by Type (Pharmacy benefit manager, Legitimate Internet pharmacy, Illegal or unethical internet pharmacy), By Application (Hospitals, Personal use, Government research) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global e-Pharma Market by Type (Pharmacy benefit manager, Legitimate Internet pharmacy, Illegal or unethical internet pharmacy), By Application (Hospitals, Personal use, Government research) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 171728 3300 IT & Telecom 377 244 Pages 4.6 (34)
                                          

Market Overview:


The global e-pharma market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for cost-effective and convenient modes of medication delivery. The global e-pharma market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into pharmacy benefit manager (PBM), legitimate internet pharmacy, and illegal or unethical internet pharmacy. The PBM segment is expected to grow at a CAGR of 11% from 2018 to 2030 due to increasing adoption by healthcare providers for better patient outcomes through improved drug utilization management (DUM) strategies. On the basis of application, hospitals are expected to account for majority share in terms of revenue in 2018 owing to rising number of hospital admissions across globe coupled with growing demand for cost-effective medication delivery modes.


Global e-Pharma Industry Outlook


Product Definition:


E-pharma is a term used to describe the use of electronic communication and information technology in the pharmacy profession. E-pharma includes the use of digital technologies such as computerized provider order entry (CPOE), bar coding, and secure e-mail for medication orders, patient information, and other pharmacy functions.


Pharmacy benefit manager:


Pharmacy benefit manager (PBM) is a company that helps in providing insurance coverage for medicines at the pharmacy counter. It works as an intermediaries between pharmaceutical companies and health insurance companies to manage their drug benefits. The major function of PBM is to help reduce costs associated with healthcare by eliminating unnecessary medical procedures from patients’ bills, thus saving time & effort spent on paperwork alone.


Legitimate Internet pharmacy:


An Internet pharmacy is a business that sells prescription drugs via the internet. Legitimate internet pharmacies follow federal regulations and laws for selling medicines. They are required to have a valid prescription for selling controlled substances such as opioids, benzodiazepines, etc.


Application Insights:


The global e-pharmacy market is segmented by application into hospitals, personal use, and government research. Hospitals held the largest share in 2017 owing to the high usage of electronic medical records and pharmacies benefit manager (EMBM) systems in hospitals. The hospital segment is expected to witness lucrative growth over the forecast period due to various factors such as increasing investments by governments for developing healthcare infrastructure, growing awareness regarding e-prescription and digitization of pharmaceutical industry practices.


Personal use is expected to be one of the fastest growing segments during the forecast period owing to rising concerns about patient safety along with convenience among other benefits offered by e-pharmacies such as 24*7 accessibility through mobile applications which help patients avoid middlemen while purchasing medicines at cheaper rates from internet pharmacies. Personal use also allows consumers access any product information from anywhere via smartphone or computer thereby reducing time consumed while visiting pharmacist or pharmacy for filling prescriptions.


Regional Analysis:


North America dominated the global e-Pharma market in 2017. The region is expected to maintain its position during the forecast period due to high adoption of advanced technologies, presence of well-established healthcare infrastructure and high patient awareness levels coupled with relatively higher disposable incomes. Moreover, increasing government initiatives for tackling drug abuse are also anticipated to drive regional growth over the next eight years.


Asia Pacific is estimated to be fastest growing region from 2018 to 2030 owing to rapid economic development and rising health care spending in emerging countries such as China and India. In addition, favorable regulatory reforms by governments of developing economies such as China & India are further expected boost regional growth over the forecast period.


Growth Factors:


  • Increasing demand for better healthcare services and products
  • Rising prevalence of chronic diseases and other lifestyle-related disorders
  • Growing awareness about the benefits of e-pharmacy among consumers
  • Proliferation of innovative technologies and platforms that support e-commerce transactions
  • Expansion of the distribution network for online pharmacies

Scope Of The Report

Report Attributes

Report Details

Report Title

e-Pharma Market Research Report

By Type

Pharmacy benefit manager, Legitimate Internet pharmacy, Illegal or unethical internet pharmacy

By Application

Hospitals, Personal use, Government research

By Companies

Kroger, Walgreens, Giant Eagle, Walmart, Express Scripts, CVS Health, Optum Rx, Rowlands Pharmacy, Zur Rose Group

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

244

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global e-Pharma Market Report Segments:

The global e-Pharma market is segmented on the basis of:

Types

Pharmacy benefit manager, Legitimate Internet pharmacy, Illegal or unethical internet pharmacy

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Hospitals, Personal use, Government research

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Kroger
  2. Walgreens
  3. Giant Eagle
  4. Walmart
  5. Express Scripts
  6. CVS Health
  7. Optum Rx
  8. Rowlands Pharmacy
  9. Zur Rose Group

Global e-Pharma Market Overview


Highlights of The e-Pharma Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pharmacy benefit manager
    2. Legitimate Internet pharmacy
    3. Illegal or unethical internet pharmacy
  1. By Application:

    1. Hospitals
    2. Personal use
    3. Government research
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the e-Pharma Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global e-Pharma Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


E-Pharma is a global online pharmacy that provides customers with safe, affordable and convenient access to prescription medications.

Some of the major players in the e-pharma market are Kroger, Walgreens, Giant Eagle, Walmart, Express Scripts, CVS Health, Optum Rx, Rowlands Pharmacy, Zur Rose Group.

The e-pharma market is expected to register a CAGR of 10.8%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. e-Pharma Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. e-Pharma Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. e-Pharma Market - Supply Chain
   4.5. Global e-Pharma Market Forecast
      4.5.1. e-Pharma Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. e-Pharma Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. e-Pharma Market Absolute $ Opportunity

5. Global e-Pharma Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. e-Pharma Market Size and Volume Forecast by Type
      5.3.1. Pharmacy benefit manager
      5.3.2. Legitimate Internet pharmacy
      5.3.3. Illegal or unethical internet pharmacy
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global e-Pharma Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. e-Pharma Market Size and Volume Forecast by Application
      6.3.1. Hospitals
      6.3.2. Personal use
      6.3.3. Government research
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global e-Pharma Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. e-Pharma Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global e-Pharma Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. e-Pharma Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global e-Pharma Demand Share Forecast, 2019-2026

9. North America e-Pharma Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America e-Pharma Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America e-Pharma Market Size and Volume Forecast by Application
      9.4.1. Hospitals
      9.4.2. Personal use
      9.4.3. Government research
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America e-Pharma Market Size and Volume Forecast by Type
      9.7.1. Pharmacy benefit manager
      9.7.2. Legitimate Internet pharmacy
      9.7.3. Illegal or unethical internet pharmacy
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America e-Pharma Demand Share Forecast, 2019-2026

10. Latin America e-Pharma Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America e-Pharma Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America e-Pharma Market Size and Volume Forecast by Application
      10.4.1. Hospitals
      10.4.2. Personal use
      10.4.3. Government research
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America e-Pharma Market Size and Volume Forecast by Type
      10.7.1. Pharmacy benefit manager
      10.7.2. Legitimate Internet pharmacy
      10.7.3. Illegal or unethical internet pharmacy
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America e-Pharma Demand Share Forecast, 2019-2026

11. Europe e-Pharma Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe e-Pharma Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe e-Pharma Market Size and Volume Forecast by Application
      11.4.1. Hospitals
      11.4.2. Personal use
      11.4.3. Government research
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe e-Pharma Market Size and Volume Forecast by Type
      11.7.1. Pharmacy benefit manager
      11.7.2. Legitimate Internet pharmacy
      11.7.3. Illegal or unethical internet pharmacy
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Atractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe e-Pharma Demand Share, 2019-2026

12. Asia Pacific e-Pharma Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific e-Pharma Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific e-Pharma Market Size and Volume Forecast by Application
      12.4.1. Hospitals
      12.4.2. Personal use
      12.4.3. Government research
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific e-Pharma Market Size and Volume Forecast by Type
      12.7.1. Pharmacy benefit manager
      12.7.2. Legitimate Internet pharmacy
      12.7.3. Illegal or unethical internet pharmacy
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific e-Pharma Demand Share, 2019-2026

13. Middle East & Africa e-Pharma Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa e-Pharma Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa e-Pharma Market Size and Volume Forecast by Application
      13.4.1. Hospitals
      13.4.2. Personal use
      13.4.3. Government research
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa e-Pharma Market Size and Volume Forecast by Type
      13.7.1. Pharmacy benefit manager
      13.7.2. Legitimate Internet pharmacy
      13.7.3. Illegal or unethical internet pharmacy
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa e-Pharma Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global e-Pharma Market: Market Share Analysis
   14.2. e-Pharma Distributors and Customers
   14.3. e-Pharma Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kroger
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Walgreens
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Giant Eagle
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Walmart
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Express Scripts
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. CVS Health
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Optum Rx
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Rowlands Pharmacy
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Zur Rose Group
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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