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Analysis of E-Pharmacy Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

E-Pharmacy

The “E-Pharmacy Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. E-Pharmacy Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. E-Pharmacy market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of E-Pharmacy Market Are:

  • CVS Health Corporation
  • DocMorris
  • Express Scripts Holding Company
  • Giant Eagle Inc.
  • Optum Rx Inc.
  • Rowlands Pharmacy
  • The Kroger Co.
  • Walgreen Co.
  • Walmart Stores Inc.

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    Market Overview:

  • The e-Pharmacy market is projected at 15.2 % during the forecast period 2019-2024. The growth of the e-pharmacy market is attributed to a rise in the number of internet consumers, increased access to web-based and online services, and rising implementation of e-prescriptions in hospitals and other healthcare services.
  • E-prescription is the electronic prescribing technology that allows healthcare professionals to send the prescriptions electronically, instead of using handwritten prescriptions. Doctors are now preferring e-prescriptions, to allow patients to get easy access to medicine with the help of e-prescriptions. Countries, like the United Kingdom, are putting more efforts in the implementation of e-prescription. The NHS hospitals in England are planning to go paperless by the year 2020. This may increase the demand for e-prescription technology, rapidly, in the future. The major advantage of e-prescription is that one can easily upload their e-prescription on the ePharmacy website and order medicine online, without any hurdle. Therefore, due to the increasing implementation of e-prescriptions, uploading the prescription online has become easy and less time-consuming. Thus, all the aforementioned factors are augmenting the growth of the market.

    Scope of the Report:

  • As per the , e-pharmacy is an online pharmacy, which operates over the internet and provides medicines to consumers through mail or shipping companies. The ePharmacy cuts down the long chain of distributors and directly provides medicine to the end user at a lesser price.

    E-Pharmacy Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global E-Pharmacy market?
    • What are the key market trends impacting the growth of the global E-Pharmacy market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global E-Pharmacy market?
    • What are the market opportunities and threats faced by the vendors in the global E-Pharmacy market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global E-Pharmacy market?

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    Key Market Trends:

    The Prescription Drugs Segment, under Drug Type, is Expected to Grow at the Fastest Rate, during the Forecast Period

    The over-the-counter (OTC) segment held a maximum share in 2018, due to the high prevalence of chronic conditions, which is leading to the rising demand for various drugs and healthcare products. Furthermore, an increase in initiatives by various nations, for instance, Safe Medicines India (2016), which supported 60 new start-ups that emerged in India for online pharmacies.
    The prescription drugs segment is projected to show significant growth during the forecast period, due to the increasing implementation of e-prescriptions, as well as the strict regulatory policies about the online pharmacies leading to the improved quality of drugs to be sold.

    The North American Region Holds the Largest Market Share of the E-pharmacy Market and is Expected to Follow the Same Trend over the Forecast Period

    North America accounts for the largest share of the market. This can be primarily attributed to more number of internet users and higher adoption to online services, which are expected to augment the growth of the market over the forecast period. Furthermore, USFDA is spreading awareness among people, about purchasing prescription medicine from online pharmacies, in order to avoid the circumstances of people falling prey to unbranded and harmful drugs.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the E-Pharmacy Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the E-Pharmacy.

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    Report Objectives:

    • Analyzing the size of the E-Pharmacy market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global E-Pharmacy market.
    • Determining the key dynamics of the E-Pharmacy market.
    • Highlighting significant trends of the E-Pharmacy market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the E-Pharmacy market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global E-Pharmacy market.

    Detailed TOC of E-Pharmacy Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rise in the Number of Internet Consumers
    4.2.2 Increased Access to Web-based and Online Services
    4.2.3 Rising Implementation of E-prescriptions in Hospitals and Other Healthcare Services
    4.3 Market Restraints
    4.3.1 Increasing Number of Illegal Online Pharmacies
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Drug Type
    5.1.1 Prescription Drugs
    5.1.2 Over-the-counter (OTC) Drugs
    5.2 By Product Type
    5.2.1 Skin Care
    5.2.2 Dental
    5.2.3 Cold and Flu
    5.2.4 Vitamins
    5.2.5 Weight Loss
    5.2.6 Other Product Types
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 CVS Health Corporation
    6.1.2 DocMorris
    6.1.3 Express Scripts Holding Company
    6.1.4 Giant Eagle Inc.
    6.1.5 Optum Rx Inc.
    6.1.6 Rowlands Pharmacy
    6.1.7 The Kroger Co.
    6.1.8 Walgreen Co.
    6.1.9 Walmart Stores Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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