Healthcare E-Commerce Market Size, Analysis, Trends And Strategies 2024-2033

"The new report published by The Business Research Company, titled Healthcare E-Commerce Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the healthcare e-commerce market size has grown rapidly in recent years. It will grow from $366.94 billion in 2023 to $434.88 billion in 2024 at a compound annual growth rate (CAGR) of 18.5%. The healthcare e-commerce market size is expected to see rapid growth in the next few years. It will grow to $874.76 billion in 2028 at a compound annual growth rate (CAGR) of 19.1%.

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Rising Consumer Spending And Increased Internet Penetration Drive Healthcare E-Commerce Market Growth
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. For instance, in September 2021, according to the Centers for Medicare & Medicaid Services, a US-based federal agency within the U.S. Department of Health and Human Services, 2021, the expenditure on prescription drugs rose by 7.8% to reach a total of $378.0 billion, which is a faster growth rate than the 3.7% increase recorded in 2020. Also in 2021, spending on Medicare surged by 8.4% and reached $900.8 billion, making up 21% of the total National Health Expenditures (NHE). Additionally, Medicaid spending increased by 9.2% and reached $734.0 billion, accounting for 17% of the total NHE. This scenario is anticipated to propel the revenues of the growth of the healthcare e-commerce market over the forecast period.

Rise Of Healthcare Applications Connecting Doctors And Patients In Healthcare E-Commerce
The launch of new healthcare applications for connecting doctors and patients directly is a leading trend driving the healthcare e-commerce market. In November 2021, SMV Healthcare, a Chennai-based pharmaceuticals company, launched MyMedicalShop.com, an online platform for purchasing medicine and healthcare products, e-consultations, and diagnostic tests at home. Therefore, the launch of new healthcare applications is likely to shape the growth of the healthcare e-commerce market in the near future.

The healthcare e-commerce market covered in this report is segmented -

1) By Type: Drug, Medical Devices
2) By Application: Telemedicine, Caregiving Services, Medical Consultation
3) By End User: Hospitals, Clinics, Others

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Major companies operating in the healthcare e-commerce market report are Amazon.com, Inc., Alibaba Health Information Technology Limited, Walgreens Boots Alliance Inc., LloydsPharmacy Limited (McKesson Europe), JD Health International Inc. (JD.com, Inc.), CVS Health Corporation, Shop Apotheke Europe, Teladoc Health, Inc, DocMorris N.V., eBay Inc., 1mg.com , Healthkart.com , Netmeds.com, PharmEasy.com , Medlife.com, SastaSundar.com , Ali Health, Jianke.com, 111, Inc , Shimadzu Corporation, Menicon, Konica Minolta , Omron , Fukuda , Nihon Kohden , Sysmex, Nipro, Olympus, Echo , Babylon Health , BenevolentAI , Lantum , DoctorLink , Unmind , Thriva , Pando Health , Owkin, Dental Monitoring , eCential Robotics , Enterome, Hype, BioSerenity , Oxford Nanopore Technologies , Doctolib , Telehealth app KRY , Albertsons Companies Inc ., Optum Rx Inc ., Rowlands Pharmacy , Giant eagle Inc ., Walmart Stores Inc ., CIGNA (Express Scripts) , Rite Aid , Zur Rose Group AG , PlanetRX.com Inc ., Familymeds Inc , Medisave, The Kroger Co. , MercadoLibre, Al-Noor Medical Company , VPS Healthcare , Tumbay group , Al-Zahra Group, Belhoul Lifecare , Emirates Healthcare , Mediclinic Middle East , Aster DM Healthcare , Gulf Healthcare International , Gulf Medical Projects Company , Zulekha Hospital, Saudi German Hospital Group, Aster DM Healthcare, Vezeeta , Yodawy Smart Medical Services , Bypa-ss , Rology, Shezlong, Estshara, DentaCarts , Vitls, Healthforce, 3X4 Genetics , RecoMed , SyncroPhi , Ingress Healthcare , VitruvianMD, Link Health Technology

Contents of the report:
1. Executive Summary
2. Healthcare E-Commerce Market Report Structure
3. Healthcare E-Commerce Market Trends And Strategies
4. Healthcare E-Commerce Market - Macro Economic Scenario
5. Healthcare E-Commerce Market Size And Growth
…..
27. Healthcare E-Commerce Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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