Market Overview:
The global pharma e-commerce 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 penetration of internet and smartphones, rising demand for convenience and efficiency in drug purchasing, and growing trend of self-medication. In addition, the increasing focus on patient safety is also propelling the growth of this market. On the basis of type, the global pharma e-commerce market can be segmented into Rx and OTC drugs. The Rx drugs segment is expected to account for a larger share than OTC drugs in terms of revenue during the forecast period from 2018 to 2030 owing to their high price tags as compared with OTC drugs. On the basis of application, direct sales accounted for a larger share than distributors in 2017; however, distributors are projected to register higher CAGR during 2018–2030 due its expanding reach across regions.
Product Definition:
Pharma E-Commerce is the buying and selling of drugs and other healthcare products over the internet. It allows patients to buy prescription drugs without seeing a doctor and saves time for pharmacists who can fill prescriptions faster.
Rx:
Rx is a contraction for prescription which refers to the medicine or drug that is prescribed by a physician. In today's world, e-commerce plays an important role in providing access to various pharmaceutical products. The growth of this market can be attributed to factors such as growing demand for online consultation and rising adoption of digital technologies in healthcare services along with increasing penetration of internet and smartphones across the globe.
OTC:
OTC is short for Over-the-Counter. OTC products are sold without a prescription and they do not need to be promoted on prescription drug store shelves. They can be sold directly to consumers by any manufacturer or through online sales platforms operated by third parties (e.g., Amazon). The main categories of OTC drugs are vitamins, minerals, herbal products, and some drugs that treat minor ailments like cough & cold as well as skin allergies & infections.
Application Insights:
The market is segmented by application into direct sales, online distribution, and offline or physical distributors. The offline or physical distributor segment held the largest share of over 60% in 2017. Offline distribution channels are widely used for pharmaceutical e-commerce as it provides a face-to-face experience that helps patients to understand about medicines better. However, this approach is being replaced by e-commerce due to its efficiency and convenience.
Online distribution accounted for a significant share in the Pharma E-Commerce Market in 2017 owing to its advantages such as ease of access from any part of the world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing internet penetration and rising demand for online shopping among consumers. Moreover, growing healthcare awareness in developing countries such as China and India is anticipated to fuel industry expansion over the next eight years. In addition, favorable government initiatives are also expected to contribute toward regional growth during the same period. For instance, in November 2016, Alibaba Group Holding Ltd., a Chinese e-commerce giant launched a new medical e-commerce platform called Tmall Medicine that allows consumers buy prescription drugs from local pharmacies at lower prices compared with those offered by international suppliers via online channels.
In Europe, major factors contributing toward industry growth include high consumer purchasing power.
Growth Factors:
- Increasing demand for self-medication: The increasing trend of self-medication is one of the primary growth drivers for the global pharma e-commerce market. People are becoming more aware about their health and are preferring to purchase medicines online, without having to go through the hassle of visiting a pharmacy. This is boosting the demand for pharma e-commerce platforms and services worldwide.
- Proliferation of smartphones and tablets: The proliferation of smartphones and tablets has given a boost to mobile commerce, which in turn is aiding the growth of the pharma e-commerce market. With more people using mobile devices to shop online, vendors in this space are witnessing an increase in their sales revenues.
- Rise in number of internet users: Another key factor driving growth in this market is the rise in number of internet users across regions worldwide. This has led to an increase in adoption rates for pharma e-commerce platforms as people find it convenient and easy to purchase medicines online without having to leave their homes or offices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharma E-Commerce Market Research Report
By Type
Rx, OTC
By Application
Direct Sales, Distributors, Online
By Companies
PillPack，Inc, Doz.pl, myCARE eK, SHOP APOTHEKE EUROPE, Drogaria NovaEsperanáa, Pharmacy 2U, Zur Rose Suisse, LloydsPharmacy, Walgreens Boots Alliance, The Kroger Co, Walmart, Express Scripts Holding Company, CVS Health, Optum, Inc, McKesson Corp, Apo-rot BV
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Pharma E-Commerce Market Report Segments:
The global Pharma E-Commerce market is segmented on the basis of:
Types
Rx, OTC
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
Direct Sales, Distributors, Online
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:
- PillPack，Inc
- Doz.pl
- myCARE eK
- SHOP APOTHEKE EUROPE
- Drogaria NovaEsperanáa
- Pharmacy 2U
- Zur Rose Suisse
- LloydsPharmacy
- Walgreens Boots Alliance
- The Kroger Co
- Walmart
- Express Scripts Holding Company
- CVS Health
- Optum, Inc
- McKesson Corp
- Apo-rot BV
Highlights of The Pharma 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:
- Rx
- OTC
- By Application:
- Direct Sales
- Distributors
- Online
- 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 Pharma 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
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- 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?
Pharma E-Commerce is an online market place that connects pharmaceutical companies and consumers. It allows customers to buy prescription drugs from a variety of sources, including online pharmacies, over the counter medications, and health food stores.
Some of the key players operating in the pharma e-commerce market are PillPack，Inc, Doz.pl, myCARE eK, SHOP APOTHEKE EUROPE, Drogaria NovaEsperan¡a, Pharmacy 2U, Zur Rose Suisse, LloydsPharmacy, Walgreens Boots Alliance, The Kroger Co, Walmart, Express Scripts Holding Company, CVS Health, Optum, Inc, McKesson Corp, Apo-rot BV.
The pharma e-commerce market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pharma 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 Pharma E-Commerce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pharma 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 Pharma 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 Pharma E-Commerce Market Size & Forecast, 2018-2028
4.5.1 Pharma E-Commerce Market Size and Y-o-Y Growth
4.5.2 Pharma E-Commerce Market Absolute $ Opportunity
Chapter 5 Global Pharma 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 Pharma E-Commerce Market Size Forecast by Type
5.2.1 Rx
5.2.2 OTC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pharma 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 Pharma E-Commerce Market Size Forecast by Applications
6.2.1 Direct Sales
6.2.2 Distributors
6.2.3 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pharma 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 Pharma 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 Pharma E-Commerce Analysis and Forecast
9.1 Introduction
9.2 North America Pharma 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 Pharma E-Commerce Market Size Forecast by Type
9.6.1 Rx
9.6.2 OTC
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 Pharma E-Commerce Market Size Forecast by Applications
9.10.1 Direct Sales
9.10.2 Distributors
9.10.3 Online
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 Pharma E-Commerce Analysis and Forecast
10.1 Introduction
10.2 Europe Pharma 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 Pharma E-Commerce Market Size Forecast by Type
10.6.1 Rx
10.6.2 OTC
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 Pharma E-Commerce Market Size Forecast by Applications
10.10.1 Direct Sales
10.10.2 Distributors
10.10.3 Online
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 Pharma E-Commerce Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pharma 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 Pharma E-Commerce Market Size Forecast by Type
11.6.1 Rx
11.6.2 OTC
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 Pharma E-Commerce Market Size Forecast by Applications
11.10.1 Direct Sales
11.10.2 Distributors
11.10.3 Online
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 Pharma E-Commerce Analysis and Forecast
12.1 Introduction
12.2 Latin America Pharma 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 Pharma E-Commerce Market Size Forecast by Type
12.6.1 Rx
12.6.2 OTC
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 Pharma E-Commerce Market Size Forecast by Applications
12.10.1 Direct Sales
12.10.2 Distributors
12.10.3 Online
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) Pharma E-Commerce Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pharma 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) Pharma E-Commerce Market Size Forecast by Type
13.6.1 Rx
13.6.2 OTC
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) Pharma E-Commerce Market Size Forecast by Applications
13.10.1 Direct Sales
13.10.2 Distributors
13.10.3 Online
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 Pharma E-Commerce Market: Competitive Dashboard
14.2 Global Pharma E-Commerce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PillPack，Inc
14.3.2 Doz.pl
14.3.3 myCARE eK
14.3.4 SHOP APOTHEKE EUROPE
14.3.5 Drogaria NovaEsperanáa
14.3.6 Pharmacy 2U
14.3.7 Zur Rose Suisse
14.3.8 LloydsPharmacy
14.3.9 Walgreens Boots Alliance
14.3.10 The Kroger Co
14.3.11 Walmart
14.3.12 Express Scripts Holding Company
14.3.13 CVS Health
14.3.14 Optum, Inc
14.3.15 McKesson Corp
14.3.16 Apo-rot BV
