openPR Logo
Press release

E-pharmacy Market 2019: Overview and Share Forecast to 2025

02-14-2020 02:50 PM CET | Health & Medicine

Press release from: Global Market Insights Inc.

e-pharmacy Market

e-pharmacy Market

U.S. e-pharmacy market size will foresee momentous expansion owing to presence of suitable infrastructure and regulatory framework in the country. The U.S. FDA has recommended ways to safeguard from counterfeit drugs and unsafe online pharmacy platforms. Additionally, high awareness and increasing need of drugs owing to rising chronic diseases will further pose lucrative business growth opportunity in the foreseeable future.

India e-pharmacy market will foresee momentous growth due to expanding internet penetration and growing encouragement for utilization of digital solutions. The Indian government is undertaking numerous initiatives and programs such as Digital India, leading to increase in adoption of e-pharmacy solutions by customers across the country. Formation of proper regulatory scenario for sale of drugs through online pharmacies will additionally boost Indian e-pharmacy business growth and development. Moreover, increasing funding in Indian e-pharmacies, emergence of new industrial start-ups as well as growing baby boomer population base will majorly impact India e-pharmacy industry growth during the forecast period.

Request for in-depth Sample of this report @ https://www.gminsights.com/request-sample/detail/3303

Growing burden of chronic diseases will stimulate global e-pharmacy market growth in the coming years. According to the Australian Institute of Health and Welfare, nearly 87% of the population aged 65 years and above suffered from one of the eight chronic diseases during 2014-15. With growing chronic ailments, the demand for preventive and curative services will increase, thereby increasing the need for medication therapy. Thus, expanding geriatric patient pool and adoption of unhealthy habits will further escalate disease prevalence, hence boosting the e-pharmacy business growth in the forthcoming period.

E-pharmacy market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on E-pharmacy market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this E-pharmacy market research one of its kind to offer the most in-depth, readily available data.

Increasing number of internet users should upsurge e-pharmacy market size over the forecast timeframe. Rising utilization of internet and adoption of online services, especially by the youth in emerging countries will act as high impacting factor for adoption of e-pharmacy solutions. Also, according to a survey by the U.S. FDA, about one among four adults procures prescription medicine through online platform. Additionally, growing regularization and laws for data protection and against fake online pharmacies will further assist e-pharmacy market growth in the forthcoming years.
Rising investment in e-pharmacy sector will positively impact industry growth. In April 2019, Redwood Global Healthcare, a Korean investment firm funded USD 7.2 million in 1mg online pharmacy. Similarly, in October 2017, Sistema Asia Fund invested in Netmeds, an Indian online pharmacy. Thus, growing investment in online pharmacy space will assist expansion of e-pharmacy business over the coming period. However, stringent and changing regulatory policies may impede e-pharmacy industry growth to certain extent over the forthcoming years.

Browse Report Summary @ https://www.gminsights.com/industry-analysis/e-pharmacy-market

Over-the-drugs (OTC) drug category segment will hold a significant revenue size over the forecast years. Better affordability and availability of OTC drugs or generic drugs will increase their demand over the forthcoming years. Convenient and quick purchasing of OTC drugs from e-pharmacies without the need of prescription further escalates the customer preference and adoption, thereby stimulating over-the-drugs (OTC) drug category segmental growth in the coming years.
Company Profiles:
o 1mg
o CVS Health Corporation
o DocMorris
o Express Scripts Holding Company
o Giant Eagle Inc.
o Netmeds
o Optum Rx Inc.
o Rowlands Pharmacy
o Walgreen Co.
o Walmart Stores Inc.

More insightful info: https://www.marketwatch.com/press-release/e-pharmacy-market-2019-share-trend-segmentation-and-forecast-to-2025-2019-07-23

Dermatology e-pharmacy market will progress at significant pace over the projected timeframe. Rising adoption of dermatological products owing to increasing skin diseases will augment segmental growth. In addition, growing preference and demand for cosmetic and aesthetic products will highly impact dermatology product category revenue share over the upcoming years.

Related Reports:
Blood Testing Market: https://www.marketwatch.com/press-release/blood-testing-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2019-11-11

Pneumonia Therapeutics Market: https://www.marketwatch.com/press-release/global-pneumonia-therapeutics-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2019-11-06

Some of the major market players involved in the global e-pharmacy market are DocMorris, Netmeds, Rowlands Pharmacy, Walgreen Co. and Walmart Stores Inc. among others. Firms are adopting business expansion strategies and collaborations to increase their market footprint. For instance, in October 2018, McLaren Health Care and Walgreens announced collaboration to expand pharmaceutical and health service business.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release E-pharmacy Market 2019: Overview and Share Forecast to 2025 here

News-ID: 1933009 • Views: 247

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for India

01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables