E Pharma Market 2019: Report Forecasting $101.69 Billion Growth by 2026: Boehringer Ingelheim, Walmart, Pfizer, Aurobindo, AbbVie, Kroger and others

E-Pharma market is a way of transaction between pharmaceutical companies and pharmacies. E-pharma market is one of the recent innovations that has emerged as a most convenient way to order medicines. Broadly, there are 3 types of e-pharma exist in the market which are: Organized e-pharmacy, Non-organized e-pharmacy and illegal international trade through e-pharmacy. E-Pharmacy is beneficial to common people in many ways by providing: Consumer convenience, Consumer access, Consumer education, Data records, Medicine authenticity.
For an effectual business growth, companies must adopt market research report such as E Pharma which has become quite vital in this rapidly changing marketplace. The most up to date market insights and analysis performed in this report brings marketplace clearly into focus. This market research study analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors in the information technology industry. This market report highlights key market dynamics, current market scenario and future prospects of the sector. E Pharma market report studies consumption of market, top players involved, sales, price, revenue and market share with volume and value for each region.
Salient attributes used while forming this E Pharma market research report include highest level of spirit, practical solutions, committed research and analysis, modernism, integrated approaches, and most up-to-date technology. An analytical assessment of the competitors gives clear idea of the most important challenges faced by them in the current market and in the coming years. Market analysis estimates the expected rise, growth or fall of the product in the specific forecast period. This E Pharma market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology.

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Market Analysis: Global e-Pharma Market
Global e-Pharma Market is expected to rise from its initial estimated value of USD 33.71 billion in 2018 to an estimated value of USD 101.69 billion by 2026 registering a CAGR of 14.80% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and demand of medicines in these populations.

Key Market Competitors:
Few of the major market competitors currently working in e-pharma market are Boehringer Ingelheim International GmbH, AbbVie Inc., Aurobindo Pharma, Pfizer Inc., Walmart Inc., Walgreen Co., Express Scripts Holding Company, The Kroger Co., L Rowland & Co, DocMorris, Giant Eagle, Inc., OptumRx, Inc., CVS Health, Merck & Co., Inc., Thermo Fisher Scientific.

Key Developments in the Market:
• In December 2018, Giant Eagle Inc. announced its acquisition with Ricker Oil Company Inc. The main of the acquisition is to expand Giant Eagle’s GetGo and Ricker’s brand in Indiana market and provide customers with fresh products and services.
• In February 2016, Wal-Mart Stores, Inc. announced the agreement McKesson Corporation for the distribution of generic pharmaceuticals. The main aim of the agreement is to expand their business worldwide and McKesson will distribute all the pharmaceuticals by Walmart.

Market Drivers
Increasing aging population is driving the growth of this market
Rising prevalence for e- prescriptions is another factor driving the market growth.
Market Restraints
Rising number of illegal online pharmacies is restraining the growth of this market
Availability of fake drugs online is another factor restraining the market growth

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Segmentation: Global e-Pharma Market
By Type
• Pharmacy Benefit Manager
• Legitimate Internet Pharmacy
• Illegal or Unethical Internet Pharmacy
By Application
• Hospitals
• Personal use
• Government research
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Competitive Analysis:
Global e-Pharma market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of e-Pharma for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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