ePharmacy Market – Global Industry Analysis and Forecast (2021-2027)

ePharmacy Market was valued at US$ 60.8 Bn in 2020 and is expected to reach US$ 197.1 Bn by 2027, at a CAGR of 18.3% during a forecast period.

ePharmacy Market Overview:

The global epharmacy market was valued at US$ 60.8 Bn in 2020. Increased adoption of modern technologies has resulted in digitalization in the healthcare sector, which has provided the market with considerable potential opportunities. E-commerce platforms have gained popularity due to their ease of use, on-time and high-quality services, and the expanding use of the internet. The pharmaceutical distribution industry's future growth will be driven by its ability to capture a larger consumer base and meet unmet demands. The exponentially growing number of internet users also contributes to the growing use of e-pharmacies for pharmaceutical dispensing. Global ePharmacy Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

ePharmacy Market Dynamics:

The industry is being propelled forward by rising internet penetration around the world, improved digitalization of healthcare services, and an increase in the number of tech-savvy consumers. The market is also benefiting from rising consumer demand for online shopping, as well as an increased focus on convenience. Furthermore, the adoption of digital technology and e-commerce in the healthcare sector is expected to drive overall growth, as it provides simple access to chronic elderly patients from nuclear families, as well as patients who are unable to leave their homes. The market's growth is being aided by the increasing adoption of smartphones. Smartphone penetration reached 65.0 % and is expected to reach 80.0 % by 2025, according to The Mobile Economy 2020. The growth of the healthcare industry, combined with high operational costs, has necessitated the introduction of ePharmacy solutions to reduce operational costs. The rising prevalence of chronic diseases is driving up demand for a variety of healthcare products, including pharmaceuticals. This indicates that internet drug purchasing is becoming more popular around the world. Global ePharmacy Market The market is expected to develop in response to the growing geriatric population. Some of the causes driving expansion include ease of operation, more digitalization, and an increase in the number of people registering under Medicare. According to figures published by the Kaiser Family Foundation in June 2021, over 26 million people are enrolled in a Medicare Advantage plan, accounting for 42.0 % Medicare population. Furthermore, increased funding, increased investments, and rising strategic efforts being done by many funding agencies, the government, and businesses are all contributing to market growth. The market's growth is being stifled by the presence of some fraudulent internet pharmacies. These unlicensed pharmacies sell drugs that have not been approved by the FDA, increasing the risk of receiving counterfeit and contaminated prescriptions with wrong active ingredients. For example, according to an FDA warning issued in 2020, some online pharmacies were caught engaging in illegal activity and violating the United States Federal Food, Drug, and Cosmetic Act, which included points such as the sale of unapproved prescription drugs and the sale of prescription drugs without a prescription.

ePharmacy Market Segment Analysis:

The global ePharmacy market is segmented into drug type, and product type. Based on drug type, about 2020, over-the-counter medicines brought in USD 40 billion in income. Over-the-counter pharmaceuticals provide primary medications for a wide range of health issues, allowing patients to skip hospital visits. As a result, increased public awareness and education regarding basic drug treatment will spur market growth. With a surge in dermal OTC product sales, the category will grow as the prevalence of various dermatological disorders rises. Furthermore, the affordability of OTC medications will continue to increase consumer preference, resulting in increased revenue for the market. Global ePharmacy Market Based by product type, the weight loss segment is expected to develop at a 14 % until 2027, owing to an increased emphasis on and demand for physical activity among adults. Furthermore, rising demand for weight reduction goods among obese people to reduce the burden of associated health risks such high blood pressure, coronary heart disease, and osteoarthritis would affect product demand. As a result, consumer preference for online pharmacies will have a beneficial impact on industry growth in the coming years due to convenience and favorable offerings. Global ePharmacy Market

ePharmacy Market Regional Insights:

North America held the xx% share in 2020 and it is projected to continue its dominance during the forecast period. Dominance is attributed to the complete dependence of the general population on home delivery services like over-the-counter medical products and nutrition supplements, vitamin tablets, cosmetics, and others. An increase in healthcare expenditure and the number of patients opting for home care treatment facilities are also expected to boost the market growth in the region. Many new key players are entering the market as the healthcare sector is offering huge potential to online health retailers because of its increased demand for healthcare products and services. Some of the start-ups are bringing in various transformations to introduce different levels of value additions. For instance, online pharmacies require consumers to submit prescriptions online. Additionally, some of the startups are also arranging the prescription physically collected from the customer’s location. Established stores can earn profits by accepting ads or announcing third-party blogs and newsletters. They are selecting to enrol with Google Ad-sense or directly, which can negotiate with the advertisers. The objective of the report is to present a comprehensive analysis of the global ePharmacy market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global ePharmacy market dynamics, structure by analyzing the market segments and project the global ePharmacy market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global ePharmacy market make the report investor’s guide.

ePharmacy Market Scope: Inquire before buying

Global ePharmacy Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 60.8 Bn.
Forecast Period 2021 to 2027 CAGR: 18.3% Market Size in 2027: US $ 197.1 Bn.
Segments Covered: by Drug Type • Prescription Drugs • Over the counter (OTC) Drugs
by Product Type • Skin Care • Dental • Cold and Flu • Vitamins • Weight Loss • Other Product Types

Global ePharmacy Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global ePharmacy Market Key Players

The Kroger Co. • Walgreens Boots • Walmart Stores, • PlanetRx • Express Scripts Holding • Giant Eagle • Optum Rx • PlanetRx • Rowlands Pharmacy • CVS Health • Express Scripts Holding • DocMorris • Banner Health • Medlife International • Albertsons Companies Inc. • Axelia Solutions

Frequently Asked Questions:

1. Which region has the largest share in Global ePharmacy Market? Ans: North America region holds the highest share in 2020. 2. What is the growth rate of Global ePharmacy Market? Ans: The Global ePharmacy Market is growing at a CAGR of 18.3 % during forecasting period 2021-2027. 3. What segments are covered in Global ePharmacy market? Ans: Global ePharmacy Market is segmented into drug type, product type and region. 4. Who are the key players in Global ePharmacy market? Ans: The important key players in the Global ePharmacy Market are – The Kroger Co., Walgreens Boots , Walmart Stores, PlanetRx, Express Scripts Holding , Giant Eagle, Optum Rx, PlanetRx, Rowlands Pharmacy, CVS Health, Express Scripts Holding, DocMorris, Banner Health. 5. What is the study period of this market? Ans: The Global ePharmacy Market is studied from 2020 to 2027.
Global ePharmacy Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global ePharmacy Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global ePharmacy Market Analysis and Forecast 6.1. EPharmacy Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global ePharmacy Market Analysis and Forecast, By Drug Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. ePharmacy Market Value Share Analysis, By Drug Type 7.4. ePharmacy Market Size (US$ Bn) Forecast, By Drug Type 7.5. ePharmacy Market Analysis, By Drug Type 7.6. ePharmacy Market Attractiveness Analysis, By Drug Type 8. Global ePharmacy Market Analysis and Forecast, By Product Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. ePharmacy Market Value Share Analysis, By Product Type 8.4. ePharmacy Market Size (US$ Bn) Forecast, By Product Type 8.5. ePharmacy Market Analysis, By Product Type 8.6. ePharmacy Market Attractiveness Analysis, By Product Type 9. Global ePharmacy Market Analysis, by Region 9.1. ePharmacy Market Value Share Analysis, by Region 9.2. ePharmacy Market Size (US$ Bn) Forecast, by Region 9.3. ePharmacy Market Attractiveness Analysis, by Region 10. North America ePharmacy Market Analysis 10.1. Key Findings 10.2. North America ePharmacy Market Overview 10.3. North America ePharmacy Market Value Share Analysis, By Drug Type 10.4. North America ePharmacy Market Forecast, By Drug Type 10.4.1. Prescription Drugs 10.4.2. Over the counter (OTC) Drugs 10.5. North America EPharmacy Market Value Share Analysis, By Product Type 10.6. North America EPharmacy Market Forecast, By Product Type 10.6.1. Skin Care 10.6.2. Dental 10.6.3. Cold and Flu 10.6.4. Vitamins 10.6.5. Weight Loss 10.6.6. Other Product Types 10.7. North America EPharmacy Market Value Share Analysis, by Country 10.8. North America EPharmacy Market Forecast, by Country 10.8.1. The U.S. 10.8.2. Canada 10.9. North America ePharmacy Market Analysis, by Country 10.10. U.S. ePharmacy Market Forecast, By Drug Type 10.10.1. Prescription Drugs 10.10.2. Over the counter (OTC) Drugs 10.11. U.S. EPharmacy Market Forecast, By Product Type 10.11.1. Skin Care 10.11.2. Dental 10.11.3. Cold and Flu 10.11.4. Vitamins 10.11.5. Weight Loss 10.11.6. Other Product Types 10.12. Canada EPharmacy Market Forecast, By Drug Type 10.12.1. Prescription Drugs 10.12.2. Over the counter (OTC) Drugs 10.13. North America EPharmacy Market Attractiveness Analysis 10.13.1. By Drug Type 10.13.2. By Product Type 10.14. PEST Analysis 10.15. Key Trends 10.16. Key Developments 11. Europe ePharmacy Market Analysis 11.1. Key Findings 11.2. Europe ePharmacy Market Overview 11.3. Europe ePharmacy Market Value Share Analysis, By Drug Type 11.4. Europe ePharmacy Market Forecast, By Drug Type 11.4.1. Prescription Drugs 11.4.2. Over the counter (OTC) Drugs 11.5. Europe ePharmacy Market Value Share Analysis, By Product Type 11.6. Europe ePharmacy Market Forecast, By Product Type 11.6.1. Skin Care 11.6.2. Dental 11.6.3. Cold and Flu 11.6.4. Vitamins 11.6.5. Weight Loss 11.6.6. Other Product Types 11.7. Europe ePharmacy Market Value Share Analysis, by Country 11.8. Europe ePharmacy Market Forecast, by Country 11.8.1. Germany 11.8.2. The U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe ePharmacy Market Analysis, by Country 11.10. Germany EPharmacy Market Forecast, By Drug Type 11.10.1. Prescription Drugs 11.10.2. Over the counter (OTC) Drugs 11.11. Germany ePharmacy Market Forecast, By Product Type 11.11.1. Skin Care 11.11.2. Dental 11.11.3. Cold and Flu 11.11.4. Vitamins 11.11.5. Weight Loss 11.11.6. Other Product Types 11.12. U.K. ePharmacy Market Forecast, By Drug Type 11.12.1. Prescription Drugs 11.12.2. Over the counter (OTC) Drugs 11.13. U.K. ePharmacy Market Forecast, By Product Type 11.13.1. Skin Care 11.13.2. Dental 11.13.3. Cold and Flu 11.13.4. Vitamins 11.13.5. Weight Loss 11.13.6. Other Product Types 11.14. France ePharmacy Market Forecast, By Drug Type 11.14.1. Prescription Drugs 11.14.2. Over the counter (OTC) Drugs 11.15. France ePharmacy Market Forecast, By Product Type 11.15.1. Skin Care 11.15.2. Dental 11.15.3. Cold and Flu 11.15.4. Vitamins 11.15.5. Weight Loss 11.15.6. Other Product Types 11.16. Italy ePharmacy Market Forecast, By Drug Type 11.16.1. Prescription Drugs 11.16.2. Over the counter (OTC) Drugs 11.17. Italy ePharmacy Market Forecast, By Product Type 11.17.1. Skin Care 11.17.2. Dental 11.17.3. Cold and Flu 11.17.4. Vitamins 11.17.5. Weight Loss 11.17.6. Other Product Types 11.18. Spain ePharmacy Market Forecast, By Drug Type 11.18.1. Prescription Drugs 11.18.2. Over the counter (OTC) Drugs 11.19. Spain ePharmacy Market Forecast, By Product Type 11.19.1. Skin Care 11.19.2. Dental 11.19.3. Cold and Flu 11.19.4. Vitamins 11.19.5. Weight Loss 11.19.6. Other Product Types 11.20. Rest of Europe ePharmacy Market Forecast, By Drug Type 11.20.1. Prescription Drugs 11.20.2. Over the counter (OTC) Drugs 11.21. Rest of Europe ePharmacy Market Forecast, By Product Type 11.21.1. Skin Care 11.21.2. Dental 11.21.3. Cold and Flu 11.21.4. Vitamins 11.21.5. Weight Loss 11.21.6. Other Product Types 11.22. Europe ePharmacy Market Attractiveness Analysis 11.22.1. By Drug Type 11.22.2. By Product Type 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific ePharmacy Market Analysis 12.1. Key Findings 12.2. Asia Pacific ePharmacy Market Overview 12.3. Asia Pacific ePharmacy Market Value Share Analysis, By Drug Type 12.4. Asia Pacific ePharmacy Market Forecast, By Drug Type 12.4.1. Prescription Drugs 12.4.2. Over the counter (OTC) Drugs 12.5. Asia Pacific ePharmacy Market Value Share Analysis, By Product Type 12.6. Asia Pacific ePharmacy Market Forecast, By Product Type 12.6.1. Skin Care 12.6.2. Dental 12.6.3. Cold and Flu 12.6.4. Vitamins 12.6.5. Weight Loss 12.6.6. Other Product Types 12.7. Asia Pacific ePharmacy Market Value Share Analysis, by Country 12.8. Asia Pacific ePharmacy Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific ePharmacy Market Analysis, by Country 12.10. China ePharmacy Market Forecast, By Drug Type 12.10.1. Prescription Drugs 12.10.2. Over the counter (OTC) Drugs 12.11. China ePharmacy Market Forecast, By Product Type 12.11.1. Skin Care 12.11.2. Dental 12.11.3. Cold and Flu 12.11.4. Vitamins 12.11.5. Weight Loss 12.11.6. Other Product Types 12.12. India ePharmacy Market Forecast, By Drug Type 12.12.1. Prescription Drugs 12.12.2. Over the counter (OTC) Drugs 12.13. India ePharmacy Market Forecast, By Product Type 12.13.1. Skin Care 12.13.2. Dental 12.13.3. Cold and Flu 12.13.4. Vitamins 12.13.5. Weight Loss 12.13.6. Other Product Types 12.14. Japan ePharmacy Market Forecast, By Drug Type 12.14.1. Prescription Drugs 12.14.2. Over the counter (OTC) Drugs 12.15. Japan ePharmacy Market Forecast, By Product Type 12.15.1. Skin Care 12.15.2. Dental 12.15.3. Cold and Flu 12.15.4. Vitamins 12.15.5. Weight Loss 12.15.6. Other Product Types 12.16. ASEAN ePharmacy Market Forecast, By Drug Type 12.16.1. Prescription Drugs 12.16.2. Over the counter (OTC) Drugs 12.17. ASEAN ePharmacy Market Forecast, By Product Type 12.17.1. Skin Care 12.17.2. Dental 12.17.3. Cold and Flu 12.17.4. Vitamins 12.17.5. Weight Loss 12.17.6. Other Product Types 12.18. Rest of Asia Pacific ePharmacy Market Forecast, By Drug Type 12.18.1. Prescription Drugs 12.18.2. Over the counter (OTC) Drugs 12.19. Rest of Asia Pacific ePharmacy Market Forecast, By Product Type 12.19.1. Skin Care 12.19.2. Dental 12.19.3. Cold and Flu 12.19.4. Vitamins 12.19.5. Weight Loss 12.19.6. Other Product Types 12.20. Asia Pacific ePharmacy Market Attractiveness Analysis 12.20.1. By Drug Type 12.20.2. By Product Type 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa ePharmacy Market Analysis 13.1. Key Findings 13.2. Middle East & Africa ePharmacy Market Overview 13.3. Middle East & Africa ePharmacy Market Value Share Analysis, By Drug Type 13.4. Middle East & Africa ePharmacy Market Forecast, By Drug Type 13.4.1. Prescription Drugs 13.4.2. Over the counter (OTC) Drugs 13.5. Middle East & Africa ePharmacy Market Value Share Analysis, By Product Type 13.6. Middle East & Africa ePharmacy Market Forecast, By Product Type 13.6.1. Skin Care 13.6.2. Dental 13.6.3. Cold and Flu 13.6.4. Vitamins 13.6.5. Weight Loss 13.6.6. Other Product Types 13.7. Middle East & Africa EPharmacy Market Value Share Analysis, by Country 13.8. Middle East & Africa EPharmacy Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa ePharmacy Market Analysis, by Country 13.10. GCC EPharmacy Market Forecast, By Drug Type 13.10.1. Prescription Drugs 13.10.2. Over the counter (OTC) Drugs 13.11. GCC EPharmacy Market Forecast, By Product Type 13.11.1. Skin Care 13.11.2. Dental 13.11.3. Cold and Flu 13.11.4. Vitamins 13.11.5. Weight Loss 13.11.6. Other Product Types 13.12. South Africa ePharmacy Market Forecast, By Drug Type 13.12.1. Prescription Drugs 13.12.2. Over the counter (OTC) Drugs 13.13. South Africa ePharmacy Market Forecast, By Product Type 13.13.1. Skin Care 13.13.2. Dental 13.13.3. Cold and Flu 13.13.4. Vitamins 13.13.5. Weight Loss 13.13.6. Other Product Types 13.14. Rest of Middle East & Africa EPharmacy Market Forecast, By Drug Type 13.14.1. Prescription Drugs 13.14.2. Over the counter (OTC) Drugs 13.15. Rest of Middle East & Africa EPharmacy Market Forecast, By Product Type 13.15.1. Skin Care 13.15.2. Dental 13.15.3. Cold and Flu 13.15.4. Vitamins 13.15.5. Weight Loss 13.15.6. Other Product Types 13.16. Middle East & Africa ePharmacy Market Attractiveness Analysis 13.16.1. By Drug Type 13.16.2. By Product Type 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America ePharmacy Market Analysis 14.1. Key Findings 14.2. South America ePharmacy Market Overview 14.3. South America ePharmacy Market Value Share Analysis, By Drug Type 14.4. South America ePharmacy Market Forecast, By Drug Type 14.4.1. Prescription Drugs 14.4.2. Over the counter (OTC) Drugs 14.5. South America EPharmacy Market Value Share Analysis, By Product Type 14.6. South America EPharmacy Market Forecast, By Product Type 14.6.1. Skin Care 14.6.2. Dental 14.6.3. Cold and Flu 14.6.4. Vitamins 14.6.5. Weight Loss 14.6.6. Other Product Types 14.7. South America EPharmacy Market Value Share Analysis, by Country 14.8. South America EPharmacy Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America ePharmacy Market Analysis, by Country 14.10. Brazil ePharmacy Market Forecast, By Drug Type 14.10.1. Prescription Drugs 14.10.2. Over the counter (OTC) Drugs 14.11. Brazil ePharmacy Market Forecast, By Product Type 14.11.1. Skin Care 14.11.2. Dental 14.11.3. Cold and Flu 14.11.4. Vitamins 14.11.5. Weight Loss 14.11.6. Other Product Types 14.12. Mexico ePharmacy Market Forecast, By Drug Type 14.12.1. Prescription Drugs 14.12.2. Over the counter (OTC) Drugs 14.13. Mexico ePharmacy Market Forecast, By Product Type 14.13.1. Skin Care 14.13.2. Dental 14.13.3. Cold and Flu 14.13.4. Vitamins 14.13.5. Weight Loss 14.13.6. Other Product Types 14.14. Rest of South America ePharmacy Market Forecast, By Drug Type 14.14.1. Prescription Drugs 14.14.2. Over the counter (OTC) Drugs 14.15. Rest of South America ePharmacy Market Forecast, By Product Type 14.15.1. Skin Care 14.15.2. Dental 14.15.3. Cold and Flu 14.15.4. Vitamins 14.15.5. Weight Loss 14.15.6. Other Product Types 14.16. South America ePharmacy Market Attractiveness Analysis 14.16.1. By Drug Type 14.16.2. By Product Type 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and Applications 15.2.5. M&A Key Players, Forward Integration and Backward 15.2.6. Integration 15.3. Company Profiles: Key Players 15.3.1. The Kroger Co. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Walgreens Boots Alliance, Inc. 15.3.3. Walmart Stores, Inc. 15.3.4. PlanetRx 15.3.5. Express Scripts Holding Company 15.3.6. Giant Eagle, Inc. 15.3.7. Optum Rx, Inc. 15.3.8. PlanetRx 15.3.9. Rowlands Pharmacy 15.3.10. CVS Health 15.3.11. Express Scripts Holding Company 15.3.12. DocMorris 15.3.13. Banner Health 15.3.14. Medlife International Pvt. Ltd. 15.3.15. Albertsons Companies Inc. 15.3.16. Axelia Solutions

About This Report

Report ID 65034
Category Healthcare
Published Date June 2020
Updated Date Sep 2021
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