Market Overview:
The global e-pharmacy market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of e-pharmacies by consumers and healthcare providers, and the growing demand for cost-effective and convenient modes of medication delivery. Based on type, the global e-pharmacy market can be segmented into on-premise and cloud-based models. The cloud-based model is expected to grow at a higher CAGR than the on premise model during the forecast period, as it offers several advantages such as scalability, flexibility, reduced costs, and easy access from any location. Based on application, commercial pharmacies are expected to account for a larger share of the global ecommerce pharmacy market than home pharmacies duringthe forecast period.
Product Definition:
E-pharmacy is the use of electronic technology to provide pharmaceutical services, such as prescription drug ordering and refilling, to consumers. E-pharmacies may also offer other health care products and services, such as medical supplies and vitamins. The importance of e-pharmacy is that it allows patients to conveniently order medications online without having to go through a pharmacy in person.
On-premise:
On-premise is a term used for the software and hardware installation at the customer's site. The on-premise solution includes all components such as software, hardware, and services required to operate a pharmacy including patient database management system (PDMS), electronic prescription system (ESR), inventory management system (IMS) along with other solutions like laboratory information systems(LIS) or practice management systems(PMS).
Cloud-based:
Cloud-based is a term used for storing data on the remote server instead of maintaining it in the internal database. The information is stored remotely and can be accessed by any authorized person from any location. It offers benefits such as easy accessibility, cost efficiency, and security to organizations.
Application Insights:
The commercial application segment dominated the global e-pharmacy market in 2017. The growth of this segment is attributed to factors such as an increase in the number of retail pharmacies, growing demand for medicines and rising awareness among consumers regarding online purchasing medicines through e-pharmacies.
The home application segment is expected to witness significant growth over the forecast period owing to increasing usage of mobile phones and Internet connectivity across households worldwide. Increasing use of smartphones has enabled easy access to information regarding health issues including medicine consumption through online pharmacy portals, thereby encouraging people to opt for e-pharmacies when purchasing medicines from their homes.
Regional Analysis:
North America dominated the global e-pharmacy market in 2017. The growth of online pharmacies in this region can be attributed to various factors including growing internet penetration, rising awareness about e-commerce, and increasing competition among players. Moreover, the presence of major companies such as CVS/Caremark; Express Scripts; McKesson Corporation; and Cardinal Health allows for easy access to customers across the U.S.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to a rise in demand from remote locations as well as urban areas resulting into increased accessibility & availability along with cost-effectiveness benefits offered by e-pharmacies compared with brick & mortar pharmacies thereby boosting overall revenue generation within this region.
Growth Factors:
- Increasing demand for convenience and faster delivery of medicines
- Rising prevalence of chronic diseases and growing geriatric population
- Growing awareness about the benefits of e-pharmacies
- Proliferation of smartphones and other digital devices
- Government initiatives to promote online pharmacies
Scope Of The Report
Report Attributes
Report Details
Report Title
E-Pharmacy Market Research Report
By Type
On-premise, Cloud-based
By Application
Commercial, Home
By Companies
Domzdrowia.pl SA, MediSave, CVS Health Corporation, Rowlands Pharmacy, Walgreens, Giant Eagle Inc.
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global E-Pharmacy Market Report Segments:
The global E-Pharmacy market is segmented on the basis of:
Types
On-premise, Cloud-based
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
Commercial, Home
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:
- Domzdrowia.pl SA
- MediSave
- CVS Health Corporation
- Rowlands Pharmacy
- Walgreens
- Giant Eagle Inc.
Highlights of The E-Pharmacy 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:
- On-premise
- Cloud-based
- By Application:
- Commercial
- Home
- 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-Pharmacy 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
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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-Pharmacy is a term used to describe online pharmacies. These pharmacies offer customers the ability to purchase medications and other medical supplies online.
Some of the major players in the e-pharmacy market are Domzdrowia.pl SA, MediSave, CVS Health Corporation, Rowlands Pharmacy, Walgreens, Giant Eagle Inc..
The e-pharmacy market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 E-Pharmacy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 E-Pharmacy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 E-Pharmacy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the E-Pharmacy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global E-Pharmacy Market Size & Forecast, 2018-2028
4.5.1 E-Pharmacy Market Size and Y-o-Y Growth
4.5.2 E-Pharmacy Market Absolute $ Opportunity
Chapter 5 Global E-Pharmacy Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 E-Pharmacy Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global E-Pharmacy Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 E-Pharmacy Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global E-Pharmacy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 E-Pharmacy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America E-Pharmacy Analysis and Forecast
9.1 Introduction
9.2 North America E-Pharmacy Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America E-Pharmacy Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America E-Pharmacy Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe E-Pharmacy Analysis and Forecast
10.1 Introduction
10.2 Europe E-Pharmacy Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe E-Pharmacy Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe E-Pharmacy Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific E-Pharmacy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific E-Pharmacy Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific E-Pharmacy Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific E-Pharmacy Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America E-Pharmacy Analysis and Forecast
12.1 Introduction
12.2 Latin America E-Pharmacy Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America E-Pharmacy Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America E-Pharmacy Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) E-Pharmacy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) E-Pharmacy Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) E-Pharmacy Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) E-Pharmacy Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 E-Pharmacy Market: Competitive Dashboard
14.2 Global E-Pharmacy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Domzdrowia.pl SA
14.3.2 MediSave
14.3.3 CVS Health Corporation
14.3.4 Rowlands Pharmacy
14.3.5 Walgreens
14.3.6 Giant Eagle Inc.
