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.
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:
- Kroger
- Walgreens
- Giant Eagle
- Walmart
- Express Scripts
- CVS Health
- Optum Rx
- Rowlands Pharmacy
- Zur Rose Group
Highlights of The e-Pharma Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmacy benefit manager
- Legitimate Internet pharmacy
- Illegal or unethical internet pharmacy
- By Application:
- Hospitals
- Personal use
- Government research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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