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Digital Pharmacy Market is anticipated to reach USD 479.20 billion by 2032 | Data by Polaris Market Research

05-21-2024 10:14 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Digital Pharmacy Market

Digital Pharmacy Market

An extensive rise in the number of smartphone users and a growing internet penetration rate are the primary factors supporting the growth of the market. Besides, growing digitization in healthcare infrastructure and rising partnerships and mergers between industry participants are having a favorable impact on driving the industry demand.

The global digital pharmacy market was valued at USD 112.85 billion in 2023. Predicted to grow at a compound annual growth rate (CAGR) of 17.4%, the industry is anticipated to reach USD 479.20 billion by 2032.ย 

๐…๐ข๐ฅ๐ฅ ๐ฎ๐ฉ ๐š ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ž๐ฆ๐š๐ข๐ฅ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐ซ๐ข๐ ๐ก๐ญ ๐ง๐จ๐ฐ @ https://www.polarismarketresearch.com/industry-analysis/digital-pharmacy-market/request-for-sample

A digital pharmacy, also referred to as an internet pharmacy or online pharmacy, is a type of pharmacy that operates over the Internet. As an intersection of healthcare and technology, these pharmacies provide consumers access to pharmaceutical services via mobile apps or websites. Along with providing therapeutic drugs, digital pharmacies provide virtual consultations and personalized care using artificial intelligence and other novel technologies.

There are numerous benefits associated with digital pharmacies. These pharmacies offer users a convenient way to order and receive their medications. Also, they take away the geographic limitations by providing users in remote areas with access to a wide range of therapeutic drugs.ย 

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:

The digital pharmacy market is characterized by intense competition. The top market players focus on strategic developments such as mergers and partnerships to gain a larger revenue share. Among the key market players include:

Amazon Pharmacy,
CVS Health, Walgreen Co.,
Giant Eagle Inc.,
Walmart Inc.,
Express Scripts Holding Company,
Rowlands Pharmacy,
Optum Rx Inc.,
Axelia Solutions,
Apollo Pharmacy,
Com,
Cigna Corporation,
Apex Healthcare Berhad,
PharmEasy,
Pharmex Direct Inc.,
Rexall Pharmacy Group ULC

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/1720/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The market segmentation is primarily based on drug type, platform, product, and region.ย 
By drug type analysis, the over-the-counter products segment accounted for the highest market share owing to the increased awareness about the availability of OTC products.ย 
By product type analysis, the health wellness & nutrition segment is expected to witness the fastest growth in the digital pharmacy market due to rising awareness of several types of nutritional products.ย 
Regional Overview:

Digital Pharmacy, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/digital-pharmacy-market

๐‘ด๐’๐’“๐’† ๐‘ป๐’“๐’†๐’๐’…๐’Š๐’๐’ˆ ๐‘ณ๐’‚๐’•๐’†๐’”๐’• ๐‘น๐’†๐’‘๐’๐’“๐’•๐’” ๐’ƒ๐’š ๐‘ท๐’๐’๐’‚๐’“๐’Š๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘น๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰:

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐“๐ž๐ซ๐ฆ๐ข๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/medical-terminology-software-market

๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ƒ๐ข๐ฌ๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/artificial-discs-market

๐’๐ฎ๐ซ๐ ๐ข๐œ๐š๐ฅ ๐‡๐ž๐š๐๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/surgical-headlights-market

๐ƒ๐๐€ ๐›๐š๐ฌ๐ž๐ ๐’๐ค๐ข๐ง ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/dna-based-skin-care-products-market

๐‚๐จ๐ฅ๐ ๐๐š๐ข๐ง ๐“๐ก๐ž๐ซ๐š๐ฉ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/cold-pain-therapy-market

๐„๐ง๐๐จ๐ฅ๐ฎ๐ฆ๐ข๐ง๐š๐ฅ ๐’๐ฎ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/endoluminal-suturing-devices-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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