Healthcare E-Commerce Market Size, Industry Trends, Share and Forecast 2022-2028

The global healthcare e-commerce market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2022-2028). To get instant medical advice, medical consultation through an online medium is the ideal and fastest option, supporting the healthcare e-commerce market. The rising penetration of medical consultation through e-commerce is driving the growth of the market. According to Prashanth hospitals, there are various benefits of online medical consultation such as prompt medical attention, can get a second opinion from another doctor, access to specialists, cost-effective and time-saving. The various launches by companies providing free medical consultation are further acting as a driver in the market growth.

Furthermore, the various launches by players for online medical consultation for customers is another factor supporting the growth of the market. For instance, in May 2021, MG Motor India launched a platform for free online medical consultation with doctors for its customers as part of its COVID-19 relief initiatives. Through MG Healthline, MG customers can avail of a free consultation with highly qualified doctors for themselves or their family members.

• In June 2021, the Heartfulness group of organizations had launched the "Healthcare by Heartfulness" COVID Care app to provide COVID consultation and telemedicine support along with its helpline. "Voice that cares", a helpline to offer medical consultation services to those who need it. The free-of-charge service is managed by 1500+ Heartfulness certified trainers and medical professionals from the Heartfulness Institute.

• In March 2020, Cloudnine Group of Hospitals launched teleconsultation services with doctors in response to the growing public health concerns caused by the spread of COVID-19. This service will allow customers to consult doctors from their homes via video thereby avoiding non-essential travel to the hospital.

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Market Coverage

• The market number available for - 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

Segment Covered-

· By Type

· By Application

· By End-User

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- including Alibaba Group Holding Ltd., Amazon.com, Inc., CVS Health Corp., EBay, Inc., Medlife, DocMorris N.V., Exact Pharmacy, LLC, Flipkart Pvt. Ltd., Lloyds Pharmacy Ltd. and others.

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Global Healthcare E-Commerce Market Report Segment

By Type

• Drugs

• Medical Devices

• By Application

• Telemedicine

• Caregiving Services

• Medical Consultation

By End-User

• Hospitals

• Clinics

• Others

Global Healthcare E-Commerce Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

• DocMorris N.V.

• Exact Pharmacy, LLC

• Flipkart Pvt. Ltd.

• FSA Store

• Kroger Co.

• LIoyds Pharmacy Ltd.

• Mccabes Pharmacy

• Netmeds Store

• Remdi Seniorcare Holding Corp.

• Walgreens Boots Alliance Inc.

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