Press release
EPharmacy Market Set for Rapid Growth, To Reach CAGR of Over 15.20% by 2025 | CVS Health Corporation , DocMorris , Giant Eagle , Rowlands Pharmacy
EPharmacy Market valued approximately USD 38.05 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.20% over the forecast period 2018-2025. The EPharmacy Market is continuously growing in the global scenario at significant pace. The pharmacy, also popularly known as online pharmacy, or mail-order pharmacy, or Internet pharmacy, is a pharmacy operating via Internet and does the sending of orders to its customers via shipping companies or mail. E-Pharmacies include pharmacy benefit manager. Pharmacy benefit manager is a huge group prescription drug plans administrator.Surge in the number of internet users in both developed and developing countries, enhance access to web-based & online services and surging implementation of E-Prescriptions in Hospitals and diagnostic centers are the substantial driving factors of the market during the forecast period. Moreover, increasing adoption of e-commerce platforms in epharmacy is the major factors that likely to create numerous opportunity in the near future. However, surging number of illegal online pharmacies and low adoption of advanced technology in underdeveloped region are the factors that limiting the growth of the market during the forecast period.
Top Companies Covered in this Report:
CVS Health Corporation , DocMorris , Giant Eagle , Rowlands Pharmacy, The Kroger Corporation , Walmart Stores Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Major Types of EPharmacy covered are:
Prescription Drugs
OTT Drugs
Skin Care
Dental
Cold Flu
Vitamins
Weight Loss
Others
The regional analysis of Global EPharmacy Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to increasing adoption of ecommerce, increasing frequency of online orders and rising aging population in the region. Europe is estimated to grow at stable growth rate in the global EPharmacy market over the upcoming years. Further, Asia-pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to presence of large patient base and rising health awareness among people in the region.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 EPharmacy Market Size
2.2 EPharmacy Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 EPharmacy Market Size by Manufacturers
3.2 EPharmacy Key Players Head office and Area Served
3.3 Key Players EPharmacy Product/Solution/Service
3.4 Date of Enter into EPharmacy Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global EPharmacy Sales by Product
4.2 Global EPharmacy Revenue by Product
4.3 EPharmacy Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global EPharmacy Breakdown Data by End User
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In the last section of the report, the global EPharmacy market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global EPharmacy Market.
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