Healthcare E-Commerce Global Market Research Report By Application, By Type, By Region, Shares, Trends And Forecast 2023-2032 | Amazon, Exactcare Pharmacy, Flipkart Pvt. Ltd., Alibaba Group Holding Ltd., eBay Inc.
As per the Healthcare E Commerce market report by The Business Research Company, increasing consumer spending on medical products, coupled with rising internet penetration, is expected to contribute to higher demand for the healthcare e-commerce market in the upcoming years. Growing demand for healthcare products and high internet penetration are enabling people to switch to online products, which in turn is creating higher demand for online healthcare products. According to Centres for Medicare & Medicaid services data 2021, U.S. health care spending has been increased to 9.7 percent in 2020, reaching $4.1 trillion or $12,530 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 19.7 percent. Moreover, according to WeAreSocial's Stats published in January 2020, the total internet users across the globe increased to 4.54 billion in 2020, with a growth of 298 million or 7% in comparison with January 2019. This scenario is anticipated to propel the revenues of the healthcare e-commerce market over the forecast period.
The global healthcare e-commerce market size will grow from $309.62 billion in 2022 to $366.94 billion in 2023 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global healthcare e-commerce market size is expected to grow to $732.3 billion in 2027 at a CAGR of 18.9%.
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Major competitors in the Healthcare E Commerce market include Amazon, Exactcare Pharmacy, Flipkart Pvt. Ltd., Alibaba Group Holding Ltd., eBay Inc., Remdi SeniorCare, Lloyds Pharmacy Ltd., McCabes Pharmacy, Walgreens Boots Alliance Inc., and CVS Health.
The Healthcare E Commerce market is segmented -
• By Type: Drug, Medical Devices
• By Application: Telemedicine, Caregiving Services, Medical Consultation
• By End User: Hospitals, Clinics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Healthcare E Commerce market.
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Healthcare e-commerce refers to the sales and purchase of healthcare goods and services using the internet. It enables healthcare institutions, such as hospitals, clinics, and other healthcare facilities, to purchase medical equipment and supplies through online channels. Healthcare e-commerce includes buying and selling medical devices and drugs and offers advantages such as convenience, lower prices and discounts, a wide range of products, replacement and refund policies, reviews and feedback, and quality certifications.
The Table Of Content For The Healthcare E Commerce Market Include:
1. Executive Summary
2. Healthcare E-Commerce Market Characteristics
3. Healthcare E-Commerce Market Trends And Strategies
4. Healthcare E-Commerce Market - Macro Economic Scenario
5. Healthcare E-Commerce Market Size And Growth
28. Key Mergers And Acquisitions In The Healthcare E-Commerce Market
29. Healthcare E-Commerce Market Future Outlook and Potential Analysis
The "Global Healthcare E Commerce Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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