Sat, 28 May 2022

The global ePharmacy market size was valued at USD 60.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.4% from 2021 to 2028. Rising penetration of the internet across the globe, improving digitalization of healthcare services, and an increasing number of tech-savvy consumers are the key factors boosting the market growth. Rising consumer preference for online purchases with an increased focus on convenience is also aiding the market growth. In addition, increasing adoption of digital technologies and e-commerce in the healthcare sector is anticipated to propel the overall growth as it offers easy access that significantly benefits chronic elderly patients from nuclear families, as well as patients that are not in a condition to go out.

Advance Market Analytics published a new research publication on "ePharmacy Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the ePharmacy Market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are: (India), 1mg (India), Apollo Pharmacy (India), BestKenko (Japan), Healthkart (India), PharmEasy (India), (Australia), MyraMed (India), Pharmacy Online (Australia), (India)

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Scope of the Report of ePharmacy:

Today we witness a phase transition of buying pattern of any goods, clothes, electronics, furniture, grocery, etc. With the initiation of new technology, offline shopping switches to online mode. Buying anything online is in trends. Buying drugs or medicines online is the latest trend amongst patients and consumers. With this growing trend of buying medicines online, the number of online pharmacies also increase. However, there is a lack of proper regulatory forms and balances for exercising regulatory control over e-pharmacies. There are some other aspects which also fuel the gearing up of e-pharmacies such as increased number of netizens, long term illness patients and increased chronic diseases.

The titled segments and sub-section of the market are illuminated below:

by Type (Skin Care, Dental, Cold and Flu, Vitamins, Weight Loss, Other), Drug Type (Prescription Drugs, Over-The-Counter (OTC) Drugs), Mode of Use (Mobile Applications, Webpage Based)

Market Trend:

Increasing Demand for Healthcare Products & Services

Market Drivers:

Increase in the Number of Internet Consumers

Improved Access to Web-based and Online Services

Growing Implementation of E-prescriptions in Hospitals and Other Healthcare Services


Regulatory Hurdles Related to ePharmacy

Lack of Cold Chain Logistic Services


Rising Number of Illegal Online Pharmacies

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.

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Strategic Points Covered in Table of Content of Global ePharmacy Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the ePharmacy market

Chapter 2: Exclusive Summary – the basic information of the ePharmacy Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of the ePharmacy

Chapter 4: Presenting the ePharmacy Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End-User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the ePharmacy market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source

Finally, the ePharmacy Market is a valuable source of guidance for individuals and companies in the decision framework.

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