EPharmacy Market Companies to Watch Post-COVID

According to the World Bank, approximately 84% populace in Germany depend on Internet and around 75% populace in the U.S. are subscribers of the Internet, which augments the global “ePharmacy market growth”. Fortune Business Insights states that the global ePharmacy market is projected to reach US$ 177,794.9 Mn by 2026, thereby exhibiting an impressive CAGR of 17.3% during the forecast period (2019-2026). The company further states that the global market was valued at US$ 49,727.7 Mn in 2018. According to a published report by Fortune Business Insights, titled, “ePharmacy: Global Market Analysis, Insights and Forecast, 2019-2026,” the global ePharmacy market will witness notable growth during the forecast period due to the technological advancements based on artificial intelligence.

Key Players Operating in The ePharmacy Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

DocMorris
CVS Health Corporation
Express Script Holding Company
Walgreen Co.
Optum Rx, Inc.
Giant Eagle, Inc.
Walmart Stores, Inc.
Rowland Pharmacy
The Kroger Co.
Other players
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Key Market Players to Focus on Bagging Funds for Expanding Online Platforms

Several key market players operating in the global ePharmacy market have begun exploring and implementing new strategies to provide the consumers with smooth service. Fortune Business Insights has listed a few key developments that have occurred in the global ePharmacy market since the past few years:

Meds, a Swedish online pharmacy announced in January 2019 that it raised US$ 5.5 million in a funding round conducted by Inbox Capital, a family-owned venture capital company, headquartered in Sweden. The total amount of the startup has increased to US$ 10.5 million. Meds sells healthcare, beauty products, prescription, and non-prescription drugs. They have received permission from the Swedish Medical Product Agency to sell those. According to the company, approximately 40% of the sales come from the households in the Stockholm area as the home delivery service takes less than two hours. After receiving the funds, the company declared that it would soon expand their area of delivery to both Gothenburg and Malmö. Also, the company has planned to expand its warehouse area.
Rite Aid Corp, a drugstore chain in the U.S., announced that it acquired Envision Rx Options, a pharmaceutical company, headquartered in Ohio in June 2015. The acquisition would aid Rite Aid in expanding its retail healthcare platform and boost its health and wellness products. The mixture of Envision Rx’s pharmacy-related businesses and Rite Aid’s online platform would provide the consumers with vast offerings across mail-order, specialty, and retail channels.
Increasing Adoption of E-commerce Websites to Favor Growth in Asia Pacific

Geographically, the global ePharmacy market is grouped into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. Out of these regions, North America is expected to remain in the leading position in the global ePharmacy market during the forecast period. The growth is attributed to the rapid shift of consumers towards online retailers from offline pharmacies. Also, increasing usage of smartphones and high speed of the Internet are expected to aid North America in gaining the highest global ePharmacy market share in the forthcoming years. Furthermore, a rise in geriatric population, increasing online orders, and growing adoption of online platforms will drive the market growth in this region.

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Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Start-ups and Funding Overview
Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
Overview of Regulatory Scenario - Key Countries
Key Industry Trends
Overview of e-Commerce Penetration – Key Countries
Global ePharmacy Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Over-the-Counter Products
Prescription Medicine
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Rest of World
North America ePharmacy Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Product
Over-the-Counter Products
Prescription Medicine
Market Analysis – By Country
S.
Canada
Europe ePharmacy Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Product
Over-the-Counter Products
Prescription Medicine
Market Analysis – By Country/Sub-region
K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia Pacific ePharmacy Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Product
Over-the-Counter Products
Prescription Medicine
Market Analysis – By Country/Sub-region
Japan
China
India
Australia
Rest of Asia Pacific
Rest of World ePharmacy Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Product
Over-the-Counter Products
Prescription Medicine
Continued...

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/epharmacy-market-100238

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential ePharmacy Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the ePharmacy Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the ePharmacy Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

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