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E-Pharmacy Market Size, Share, Trends, Growth, Industry Forecast To 2032
E-Pharmacy Market Report
E-Pharmacy Market Size, Growth Rate, And Forecast:
The global e-pharmacy market size grew from $75.04 billion in 2022 to $91.33 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. 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 e-pharmacy market size is expected to grow to $193.73 billion in 2027 at a CAGR of 20.7%.
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E-Pharmacy Market Drivers:
The booming digital health is expected to propel the growth of the e-pharmacy market going forward. Digital health technologies and e-pharmacy services make use of computing platforms, networking, software, and sensors for health care and related applications that include mobile health (mHealth), health information technology (IT), wearable devices, telehealth, telemedicine, and personalized medicine. These technologies can be used for a variety of things, from general wellness to medical equipment.
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E-Pharmacy Market Segments
•By Drug Type: Prescription Drugs, Over-the-Counter (OTC) Drugs
•By Product Type: Skin Care, Dental, Cold and Flu, Vitamins, Weight Loss, Other Product Types
•By Payment Method: Cash on Delivery, Online Payment
•By Platform: App-Based, Web-Based
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the e-pharmacy market.
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E-Pharmacy Market Key Players:
Major competitors in the e-pharmacy market include Walgreen Company, Express Scripts Holding Company, CVS Health Corporation, DocMorris N.V, OptumRx, PharmEasy, Tata 1mg, Netmeds, Amazon Inc., Axelia Solutions Pvt Ltd., Apex Healthcare Berhad (Apex Pharmacy), Apollo Pharmacy, Doctors Rowlands Phamacy, Optus Rx Inc., and Healthkart.
The Business Research Company's "Global E-Pharmacy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The E-Pharmacy Market Include:
1. Executive Summary
2. E-Pharmacy Market Characteristics
3. E-Pharmacy Market Trends And Strategies
4. E-Pharmacy Market - Macro Economic Scenario
5. E-Pharmacy Market Size And Growth
....
26. Africa E-Pharmacy Market
27. E-Pharmacy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The E-Pharmacy Market
29. E-Pharmacy Market Future Outlook and Potential Analysis
30. Appendix
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