e-Pharma Market 2020 To Witness Astonishing Growth | Leading Players are AbbVie , Aurobindo Pharma, Pfizer, Walmart, DocMorris, Giant Eagle, OptumRx, Inc., CVS Health, Merck & Co., Thermo Fisher Scientific.

The primary sources employed while generating this e-Pharma Market report include the industry experts from the industry comprising the management corporation, processing organizations, analytical service suppliers of the industry’s value chain. All primary sources are interviewed to accumulate the data and validate qualitative & quantitative information and conclude future prospects. Secondary research consists of key data about the industry value chain, the complete pool of major players, and application areas. The e-Pharma Market report assist in market segmentation according to industry latest & upcoming trends to the bottom-most level, topographical markets and key advancement from both market and technology aligned perspectives.

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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.

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Market Definition: Global e-Pharma Market

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.

Segmentation: Global e-Pharma Market

e-Pharma Market : By Type

 Pharmacy Benefit Manager
 Legitimate Internet Pharmacy
 Illegal or Unethical Internet Pharmacy

e-Pharma Market : By Application

Hospitals
Personal use
Government research

e-Pharma Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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.

e-Pharma Market Drivers:

Increasing aging population is driving the growth of this market
Rising prevalence for e- prescriptions is another factor driving the market growth.

e-Pharma 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

Reasons to Purchase this Report:

Current and future of global e-Pharma market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

e-Pharma Market analysis report offers strategic & tactical support to clients for making well-informed business decisions. DBMR team provides customization of this market report according to the business needs. Contact sales team, who will assure to get a report that suits the necessities. The report carefully examines the global e-Pharma Market, with a focus on most of the major players and their business strategies, geographical scope, market segments, product landscape and price, and cost structure. Such market report is made available for industries, individuals, and organizations across the globe, and offerings are delivered in the shortest possible turnaround time.

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