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Global Online Pharmacy Market Report: $101.69 Billion Growth by 2026, Boehringer Ingelheim, Walmart, Pfizer, Aurobindo, AbbVie, Kroger and others
Online Pharmacy
Besides, the report is a comprehensive study of market definition, classifications, applications, engagements, and global industry trends. The top players are the ones who are truly responsible for fluctuation in sales, import, export, revenue and CAGR values of the market. The Online Pharmacy report contains the company profiles of the key players and their moves in terms of research while focusing on all the CAGR figures in the forecasted period of 2019-2026.
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Market Drivers & Restraints:
• Increasing aging population is driving the growth of this market
• Rising prevalence for e- prescriptions is another factor driving the market growth.
• Rising number of illegal online Pharmacycies is restraining the growth of this market
• Availability of fake drugs online is another factor restraining the market growth
Global e-Pharmacy 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-Pharmacy for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major market competitors currently working in e-Pharmacy market are
• Boehringer Ingelheim International GmbH
• AbbVie Inc.
• Aurobindo Pharmacy
• 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.
Global e-Pharmacy 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.
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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 Pharmacyceuticals. The main aim of the agreement is to expand their business worldwide and McKesson will distribute all the Pharmacyceuticals by Walmart.
Segmentation: Global e-Pharmacy Market
• By Type (Pharmacycy Benefit Manager, Legitimate Internet Pharmacycy, Illegal or Unethical Internet Pharmacycy)
• By Application (Hospitals, Personal use, Government research)
Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Online Pharmacy Market Research Report 2019-2026
Chapter 1: Global Online Pharmacy Market Overview
Chapter 2: Global Online Pharmacy Market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2019-2026)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2019-2026)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Online Pharmacy Market Analysis by Application
Chapter 8: Global Online Pharmacy Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Global Online Pharmacy Market Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Online Pharmacy Market Forecast (2019-2026)
Chapter 13: Appendix
Get Detailed TOC https://databridgemarketresearch.com/toc/?dbmr=global-e-Pharmacy-market
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