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Pharma B2B eCommerce Market worth $47.27 billion by 2030, growing at a CAGR of 7.70% - Exclusive Report by 360iResearch
Pharma B2B eCommerce Market | 360iResearch
The Global Pharma B2B eCommerce Market to grow from USD 28.11 billion in 2023 to USD 47.27 billion by 2030, at a CAGR of 7.70%.
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Online pharma B2B marketplace connects pharmaceutical manufacturers, distributors, and retailers to procure drugs and provides real-time supply and demand information via the platform to maintain inventory. Pharma B2B eCommerce offers pharmaceutical buyers and sellers solutions to explore new market opportunities and optimize cost management. The emergence of digital transformation in pharmacies and healthcare providers in developing countries is increasing the utilization of pharma B2B eCommerce platforms to attract a new customer base. The improvements in the procurement process with purchase controls and maintenance of regulatory control and traceability in pharma products contribute to the adoption of pharma B2B eCommerce platforms in the market. However, the complex integration process of eCommerce platforms with the existing systems in pharmacies may limit the adoption of B2B eCommerce platforms in the market. Additionally, the issues related to pharmaceutical product quality are limiting market growth factors. Moreover, rapid growth in developing personalized approaches and increasing investment to improve the operational efficiencies of pharma B2B eCommerce platforms are expected to create lucrative growth opportunities in the market.
The pharma B2B eCommerce market in the Americas is growing, owing to the highly established digital infrastructure, and market players are shifting towards B2B eCommerce of pharmaceutical drugs to improve customer service while attracting new clients. Pharma companies in the region have increasingly joined forces with other industry stakeholders, such as drug manufacturers, distributors, and technology providers, to achieve mutual benefits such as shared expertise and resources to expand product offerings worldwide. Growing investments from the private sector and supportive healthcare infrastructure have expanded the scope of pharmaceutical B2B eCommerce in European countries, including the United Kingdom and Germany. The market players in the region are focusing on innovative marketing strategies and straightening supply chains among strict regulatory guidelines to reach unexplored pharma markets in developing African countries with an easy-to-use online ordering portal. In addition, the Asia-Pacific market is evolving due to the emergence of mobile-based platforms that provide pharmacists and pharmaceutical companies with a marketplace platform to procure drugs, provide real-time info about supply and demand via the platform, and enable pharmacists to understand more about the different medicines. The growing digitalization in Asian countries such as China, Japan, and India contributes to the rising optimization of the pharmaceutical supply chain, which helps to attract new customers through online marketplaces for pharmaceutical manufacturers.
Market Segmentation & Coverage:
This research report categorizes the Pharma B2B eCommerce Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Business Model, market is studied across B2B2B and B2B2C. The B2B2C is projected to witness significant market share during forecast period.
Based on Product Type, market is studied across Over-the-Counter (OTC) Products and Prescription Drugs. The Prescription Drugs is further studied across Diabetes Management, Specialty Care, and Vaccines. The Prescription Drugs is projected to witness significant market share during forecast period.
Based on Therapeutic Area, market is studied across Cardiovascular, Dermatology, Gastroenterology, Infectious Diseases, Neurology, Oncology, and Respiratory. The Cardiovascular is projected to witness significant market share during forecast period.
Based on Distribution Type, market is studied across Distributor/Wholesaler-Owned Digital eCommerce and Pharmaceutical Manufacturer-Owned Digital eCommerce. The Distributor/Wholesaler-Owned Digital eCommerce is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Pharma B2B eCommerce Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Pharma B2B eCommerce Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Pharma B2B eCommerce Market, highlighting leading vendors and their innovative profiles. These include Amazon.com, Inc., AmerisourceBergen Corporation, Ayro Retail Solutions Pvt. Ltd, Becton, Dickinson & Company, Biddano Pvt Ltd., Cardinal Health, Inc., Cloudfy Ltd., Corevist, Inc., Divante S.A., Entersoft SA, Eurofins Scientific, EuroPlux, GXgate, Henry Schein, Inc., hystrix medical AG, Invertus, Mckesson Corporation, Medcombo by Behmpat Producciones S.L, Medideals Resources LLP, Merck KGaA, Ochre Media Pvt Ltd, Oro, Inc., Pharma Vends by Hivends Info Solutions Pvt. Ltd, Pharmaflair, Pharmaoffer, PHARMATRADZ, Piegon Media Pvt. Ltd., PipelinePharma, Remedial Health Solutions Limited, Sandoz by Novartis AG, Thermo Fisher Scientific, Inc., TrueCommerce Inc., Trxade, Health Inc., Wizarma Healthcare Private Limited, and Yaoshibang.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Pharma B2B eCommerce Market, by Business Model
7. Pharma B2B eCommerce Market, by Product Type
8. Pharma B2B eCommerce Market, by Therapeutic Area
9. Pharma B2B eCommerce Market, by Distribution Type
10. Americas Pharma B2B eCommerce Market
11. Asia-Pacific Pharma B2B eCommerce Market
12. Europe, Middle East & Africa Pharma B2B eCommerce Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Pharma B2B eCommerce Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Pharma B2B eCommerce Market?
3. What is the competitive strategic window for opportunities in the Pharma B2B eCommerce Market?
4. What are the technology trends and regulatory frameworks in the Pharma B2B eCommerce Market?
5. What is the market share of the leading vendors in the Pharma B2B eCommerce Market?
6. What modes and strategic moves are considered suitable for entering the Pharma B2B eCommerce Market?
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