Market Overview:
The global medical e-commerce market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing penetration of internet and smartphones, growing demand for convenience and efficiency in healthcare, and rising awareness about the benefits of online diagnosis and prescription services. The global medical e-commerce market can be segmented on the basis of type into third-party platform based and type II. The third-party platform based segment is expected to account for a larger share of the market than the type II segment during the forecast period. This can be attributed to factors such as ease of use, wide availability, low cost, and growing demand for convenience in healthcare transactions. On the basis of application,the global medical e-commerce market can be divided into online diagnosis, online dispensing,and others (including telemedicine services).
Product Definition:
Medical e-commerce is the buying and selling of medical products, services, and information over the Internet. It is important because it allows for the quick and easy purchase of medical supplies and services.
Third-party Platform Based:
A third-party platform based on e-commerce usage is used by the sellers to reach out to a large customer base in a short span of time. The main aim of using such platforms is to provide maximum profit and minimum competition for the sellers.
The medical e-commerce market has been growing at a rapid rate over the past few years due to technological advancements, increasing internet penetration, rising awareness among consumers regarding online purchases and favorable government regulations.
Type II:
Type II diabetes is also known as juvenile or insulin-dependent diabetes. It is a condition in which the body does not produce enough insulin to allow glucose to enter the blood cells. The most common symptoms of type II diabetes are frequent urination, increased water consumption, and fatigue. As with type I, both types are preventable and can be treated with proper medical care and management along with a healthy diet plan & exercise regimen.
Application Insights:
Based on application, the global medical e-commerce market is segmented into online diagnosis, dispensing and others. The online dispensing segment held the largest share in 2017 due to factors such as high usage of pharmaceutical drugs and increasing healthcare expenditure. In addition, favorable government regulations for e-prescription are further expected to drive this segment over the forecast period.
The other applications include online purchasing/bidding/auctioning services of used medical devices and medicines as well as home delivery of prescriptions by a pharmacist via smartphone app or website. Increasing use of these services by patients with chronic diseases for obtaining low-cost medicines is expected to boost growth in this segment over the forecast period.
Online diagnosis accounted for a smaller share in revenue terms compared to dispensing or buying/using bids etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as high internet penetration, presence of key players and increased healthcare expenditure in the region. Moreover, growing adoption of advanced technologies and favorable reimbursement policies are also contributing toward regional growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing internet penetration rates coupled with rising awareness about e-commerce among patients and consumers, especially in developing countries such as India and China. Furthermore, government initiatives for creating a digital marketplace for medical products are further expected to boost regional demand during the forecast period – from 2018 to 2030 (forecast year).
Growth Factors:
- Increasing demand for convenience and efficiency in healthcare services
- Rising prevalence of chronic diseases and lifestyle-related disorders
- Proliferation of health information through digital channels
- Growing number of tech-savvy patients and consumers
- Emergence of innovative medical technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical E-commerce Market Research Report
By Type
Third-party Platform Based, Type II
By Application
Online Diagnosis, Online Dispensing, Others
By Companies
MDLIVE, Sherpaa, LiveHealth Online, PlushCare, DoctorOnDemand, BetterHelp.com, First Opinion, Teladoc, AmericanWell, Wedoctor, Chunyuyisheng, Dingxiang Yisheng, Ali Health, by Type
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Medical E-commerce Market Report Segments:
The global Medical E-commerce market is segmented on the basis of:
Types
Third-party Platform Based, Type II
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
Online Diagnosis, Online Dispensing, 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:
- MDLIVE
- Sherpaa
- LiveHealth Online
- PlushCare
- DoctorOnDemand
- BetterHelp.com
- First Opinion
- Teladoc
- AmericanWell
- Wedoctor
- Chunyuyisheng
- Dingxiang Yisheng
- Ali Health
- by Type
Highlights of The Medical E-commerce 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:
- Third-party Platform Based
- Type II
- By Application:
- Online Diagnosis
- Online Dispensing
- 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 Medical E-commerce 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
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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?
Medical e-commerce is the sale of health and medical products and services online.
Some of the major companies in the medical e-commerce market are MDLIVE, Sherpaa, LiveHealth Online, PlushCare, DoctorOnDemand, BetterHelp.com, First Opinion, Teladoc, AmericanWell, Wedoctor, Chunyuyisheng, Dingxiang Yisheng, Ali Health, by Type.
The medical e-commerce market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical E-commerce 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 Medical E-commerce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical E-commerce 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 Medical E-commerce 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 Medical E-commerce Market Size & Forecast, 2018-2028
4.5.1 Medical E-commerce Market Size and Y-o-Y Growth
4.5.2 Medical E-commerce Market Absolute $ Opportunity
Chapter 5 Global Medical E-commerce 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 Medical E-commerce Market Size Forecast by Type
5.2.1 Third-party Platform Based
5.2.2 Type II
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical E-commerce 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 Medical E-commerce Market Size Forecast by Applications
6.2.1 Online Diagnosis
6.2.2 Online Dispensing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical E-commerce 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 Medical E-commerce 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 Medical E-commerce Analysis and Forecast
9.1 Introduction
9.2 North America Medical E-commerce 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 Medical E-commerce Market Size Forecast by Type
9.6.1 Third-party Platform Based
9.6.2 Type II
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 Medical E-commerce Market Size Forecast by Applications
9.10.1 Online Diagnosis
9.10.2 Online Dispensing
9.10.3 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 Medical E-commerce Analysis and Forecast
10.1 Introduction
10.2 Europe Medical E-commerce 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 Medical E-commerce Market Size Forecast by Type
10.6.1 Third-party Platform Based
10.6.2 Type II
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 Medical E-commerce Market Size Forecast by Applications
10.10.1 Online Diagnosis
10.10.2 Online Dispensing
10.10.3 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 Medical E-commerce Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical E-commerce 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 Medical E-commerce Market Size Forecast by Type
11.6.1 Third-party Platform Based
11.6.2 Type II
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 Medical E-commerce Market Size Forecast by Applications
11.10.1 Online Diagnosis
11.10.2 Online Dispensing
11.10.3 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 Medical E-commerce Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical E-commerce 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 Medical E-commerce Market Size Forecast by Type
12.6.1 Third-party Platform Based
12.6.2 Type II
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 Medical E-commerce Market Size Forecast by Applications
12.10.1 Online Diagnosis
12.10.2 Online Dispensing
12.10.3 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) Medical E-commerce Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical E-commerce 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) Medical E-commerce Market Size Forecast by Type
13.6.1 Third-party Platform Based
13.6.2 Type II
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) Medical E-commerce Market Size Forecast by Applications
13.10.1 Online Diagnosis
13.10.2 Online Dispensing
13.10.3 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 Medical E-commerce Market: Competitive Dashboard
14.2 Global Medical E-commerce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MDLIVE
14.3.2 Sherpaa
14.3.3 LiveHealth Online
14.3.4 PlushCare
14.3.5 DoctorOnDemand
14.3.6 BetterHelp.com
14.3.7 First Opinion
14.3.8 Teladoc
14.3.9 AmericanWell
14.3.10 Wedoctor
14.3.11 Chunyuyisheng
14.3.12 Dingxiang Yisheng
14.3.13 Ali Health
14.3.14 by Type
