Market Overview:
The global ePharmacy 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 demand for prescription drugs and over-the-counter (OTC) drugs, rising awareness about online pharmacies, and growing number of internet users. In addition, the increasing prevalence of chronic diseases is also contributing to the growth of this market. On the basis of type, the global ePharmacy market can be segmented into prescription drugs and over-the-counter (OTC) drugs. The prescription drug segment is expected to account for a larger share than the OTC drug segment in terms of revenue during the forecast period. This can be attributed to factors such as rising incidence of chronic diseases and growing demand for specialty medications.
Product Definition:
ePharmacy is the term used for the use of electronic communication and information technology in pharmacies. It includes the use of computers and telecommunications to order, manage, deliver, and monitor medications and pharmacy services. The importance of ePharmacy is that it allows pharmacies to improve their efficiency by automating tasks such as filling prescriptions or tracking inventory. It also allows them to communicate more easily with other healthcare providers in order to provide better patient care.
Prescription Drugs:
Prescription drugs are the ones that are given to patients by doctors or sold over-the-counter (OTC) and have a prescription. They can be used for the treatment of various diseases and disorders. The factors that propel their growth in ePharmacy market include increasing prevalence of chronic diseases, rising demand for home healthcare services, growing geriatric population base, increase in number of drug stores online etc.
Over the Counter (OTC) Drugs:
Over the counter (OTC) drugs are sold without a prescription. They are generally used for minor ailments and as a substitute for conventional medications. OTC drugs can be bought from retail stores, e-commerce websites, and drug stores. They have their own dosage forms such as tablets, capsules or liquids that can be taken by mouth.
Application Insights:
The global ePharmacy market has been segmented into five application segments namely dental, skin care, vitamins, cold and flu, weight loss and others. The vitamin segment is anticipated to witness the fastest growth rate over the forecast period owing to an increase in health consciousness among consumers around the world. Moreover, a rise in demand for specialty nutritional supplements is expected to drive growth of this application segment during the forecast period.
The skin care segment held a significant share of 21% in 2017 owing to an increase in consumer awareness regarding beauty and wellness along with rising concerns about harmful effects of UV radiation on skin cells. Consumers are opting for chemical-free products that have natural ingredients such as ginseng root extract or green tea leaf juice that act as anti-aging agents on epidermis which is likely to propel demand for these products globally over the coming years.
Regional Analysis:
North America dominated the global ePharmacy market in 2017. The growth of this region is attributed to various factors such as high demand for medication, rising geriatric population, and increasing adoption of online shopping. Moreover, growing awareness regarding e-commerce and digitalization in the healthcare sector are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and a large customer base. Furthermore, expansion of retail chains such as Walmart into emerging markets like China and India has created an opportunity for traditional players operating in these markets; thus driving competition among players operating in these markets which will eventually benefit consumers by offering them better deals on medicines at cheaper prices over time.
Growth Factors:
- Increasing demand for convenience and efficiency in healthcare services
- Rising prevalence of chronic diseases and geriatric population
- Proliferation of online pharmacies and increasing consumer trust in e-commerce platforms
- Government initiatives to promote the adoption of e-pharmacy services
- Growth in the number of private health insurance policies
Scope Of The Report
Report Attributes
Report Details
Report Title
ePharmacy Market Research Report
By Type
Prescription Drugs, Over the Counter (OTC) Drugs
By Application
Dental, Skin Care, Vitamins, Cold and Flu, Weight Loss, Others
By Companies
The Kroger, Giant Eagle, Walgreen, Express Scripts, Medisave, Walmart Stores, CVS Health, Sanicare, Rowlands Pharmacy, Secure Medical, Optum Rx, DocMorris (Zur Rose), PlanetRx, eDrugstore.com, drugstore.com, Canada Drugs, Lloyds Pharmacy
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global ePharmacy Market Report Segments:
The global ePharmacy market is segmented on the basis of:
Types
Prescription Drugs, Over the Counter (OTC) Drugs
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
Dental, Skin Care, Vitamins, Cold and Flu, Weight Loss, Others
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:
- The Kroger
- Giant Eagle
- Walgreen
- Express Scripts
- Medisave
- Walmart Stores
- CVS Health
- Sanicare
- Rowlands Pharmacy
- Secure Medical
- Optum Rx
- DocMorris (Zur Rose)
- PlanetRx
- eDrugstore.com
- drugstore.com
- Canada Drugs
- Lloyds Pharmacy
Highlights of The ePharmacy 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:
- Prescription Drugs
- Over the Counter (OTC) Drugs
- By Application:
- Dental
- Skin Care
- Vitamins
- Cold and Flu
- Weight Loss
- Others
- 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 ePharmacy 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
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- 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?
ePharmacy is a online pharmacy that offers prescription drugs, over-the-counter medications, and health and beauty products. Customers can order medications, vitamins, supplements, and other health care items through the website. ePharmacy also provides information about drug interactions and side effects.
Some of the key players operating in the epharmacy market are The Kroger, Giant Eagle, Walgreen, Express Scripts, Medisave, Walmart Stores, CVS Health, Sanicare, Rowlands Pharmacy, Secure Medical, Optum Rx, DocMorris (Zur Rose), PlanetRx, eDrugstore.com, drugstore.com, Canada Drugs, Lloyds Pharmacy.
The epharmacy 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 ePharmacy 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 ePharmacy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ePharmacy 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 ePharmacy 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 ePharmacy Market Size & Forecast, 2020-2028
4.5.1 ePharmacy Market Size and Y-o-Y Growth
4.5.2 ePharmacy Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Prescription Drugs
5.2.2 Over the Counter (OTC) Drugs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Dental
6.2.2 Skin Care
6.2.3 Vitamins
6.2.4 Cold and Flu
6.2.5 Weight Loss
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ePharmacy 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 ePharmacy 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Prescription Drugs
9.6.2 Over the Counter (OTC) Drugs
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 Market Size Forecast by Applications
9.10.1 Dental
9.10.2 Skin Care
9.10.3 Vitamins
9.10.4 Cold and Flu
9.10.5 Weight Loss
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Prescription Drugs
10.6.2 Over the Counter (OTC) Drugs
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 Market Size Forecast by Applications
10.10.1 Dental
10.10.2 Skin Care
10.10.3 Vitamins
10.10.4 Cold and Flu
10.10.5 Weight Loss
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Prescription Drugs
11.6.2 Over the Counter (OTC) Drugs
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 Market Size Forecast by Applications
11.10.1 Dental
11.10.2 Skin Care
11.10.3 Vitamins
11.10.4 Cold and Flu
11.10.5 Weight Loss
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Prescription Drugs
12.6.2 Over the Counter (OTC) Drugs
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 Market Size Forecast by Applications
12.10.1 Dental
12.10.2 Skin Care
12.10.3 Vitamins
12.10.4 Cold and Flu
12.10.5 Weight Loss
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Prescription Drugs
13.6.2 Over the Counter (OTC) Drugs
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) Market Size Forecast by Applications
13.10.1 Dental
13.10.2 Skin Care
13.10.3 Vitamins
13.10.4 Cold and Flu
13.10.5 Weight Loss
13.10.6 Others
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 ePharmacy Market: Competitive Dashboard
14.2 Global ePharmacy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Kroger
14.3.2 Giant Eagle
14.3.3 Walgreen
14.3.4 Express Scripts
14.3.5 Medisave
14.3.6 Walmart Stores
14.3.7 CVS Health
14.3.8 Sanicare
14.3.9 Rowlands Pharmacy
14.3.10 Secure Medical
14.3.11 Optum Rx
14.3.12 DocMorris (Zur Rose)
14.3.13 PlanetRx
14.3.14 eDrugstore.com
14.3.15 drugstore.com
14.3.16 Canada Drugs
14.3.17 Lloyds Pharmacy
