E-Pharmacy Market 2019 Trends, Drivers, Strategies, Applications and Competitive Landscape 2024

(The Express Wire via Comtex)

E-Pharmacy Market report also offers a basic overview of the industry including definitions, Size, classifications, applications and industry chain structure. Most importantly a complete discussion of the several factors which are driving the development of the global E-Pharmacy Market as well as those factors which are expected to hinder the growth of this Market is included.

E-Pharmacy Market”have been analysed by recent trends and developments during forecast period 2019-2024. A segmentation of the Global E-Pharmacy market has been done for the purpose of a detailed study. The market is segmented on the basis of key principles. Data on the foremost and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary andsecondary research methodologies for its analysis.

Following Companies Are Covered by E-Pharmacy Market

  • CVS Health Corporation
  • DocMorris
  • Express Scripts Holding Company
  • Giant Eagle Inc.
  • Optum Rx Inc.
  • Rowlands Pharmacy
  • The Kroger Co.
  • Walgreen Co.
  • Walmart Stores Inc.

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Market Overview:

  • The e-Pharmacy market is projected at 15.2 % during the forecast period 2019-2024. The growth of the e-pharmacy market is attributed to a rise in the number of internet consumers, increased access to web-based and online services, and rising implementation of e-prescriptions in hospitals and other healthcare services.
  • E-prescription is the electronic prescribing technology that allows healthcare professionals to send the prescriptions electronically, instead of using handwritten prescriptions. Doctors are now preferring e-prescriptions, to allow patients to get easy access to medicine with the help of e-prescriptions. Countries, like the United Kingdom, are putting more efforts in the implementation of e-prescription. The NHS hospitals in England are planning to go paperless by the year 2020. This may increase the demand for e-prescription technology, rapidly, in the future. The major advantage of e-prescription is that one can easily upload their e-prescription on the ePharmacy website and order medicine online, without any hurdle. Therefore, due to the increasing implementation of e-prescriptions, uploading the prescription online has become easy and less time-consuming. Thus, all the aforementioned factors are augmenting the growth of the market.

Scope of the Report:

  • As per the , e-pharmacy is an online pharmacy, which operates over the internet and provides medicines to consumers through mail or shipping companies. The ePharmacy cuts down the long chain of distributors and directly provides medicine to the end user at a lesser price.

Key questions answered in the report include:

  • What will the market growth rate of market in 2024?
  • What are the key factors driving the global E-Pharmacy market?
  • Who are the key manufacturers in market space?
  • What are the market opportunities, market risk and market overview of the market?
  • What are sales, revenue, and price analysis of top manufacturers of E-Pharmacy market?
  • Who are the distributors, traders and dealers of market?
  • What are the E-Pharmacy market opportunities and threats faced by the vendors in the global E-Pharmacy market?
  • What are sales, revenue, and price analysis by types and applications of E-Pharmacy market?
  • What are sales, revenue, and price analysis by regions of market?

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Key Market Trends:

The Prescription Drugs Segment, under Drug Type, is Expected to Grow at the Fastest Rate, during the Forecast Period

The over-the-counter (OTC) segment held a maximum share in 2018, due to the high prevalence of chronic conditions, which is leading to the rising demand for various drugs and healthcare products. Furthermore, an increase in initiatives by various nations, for instance, Safe Medicines India (2016), which supported 60 new start-ups that emerged in India for online pharmacies.
The prescription drugs segment is projected to show significant growth during the forecast period, due to the increasing implementation of e-prescriptions, as well as the strict regulatory policies about the online pharmacies leading to the improved quality of drugs to be sold.

The North American Region Holds the Largest Market Share of the E-pharmacy Market and is Expected to Follow the Same Trend over the Forecast Period

North America accounts for the largest share of the market. This can be primarily attributed to more number of internet users and higher adoption to online services, which are expected to augment the growth of the market over the forecast period. Furthermore, USFDA is spreading awareness among people, about purchasing prescription medicine from online pharmacies, in order to avoid the circumstances of people falling prey to unbranded and harmful drugs.

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Reasons for buying Report:

  • Current and future E-Pharmacy market viewpoint in the developed and developing markets
  • Analysis of various outlooks of the market with the help of Porter’s five forces analysis
  • The segment that is likely to dominate the market
  • Regions that are estimated to witness the fastest growth during the forecast period
  • Identify the latest developments, E-Pharmacy market shares, and strategies employed by the major market players

Detailed TOC of E-Pharmacy Market Report 2019-2024:

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in the Number of Internet Consumers
4.2.2 Increased Access to Web-based and Online Services
4.2.3 Rising Implementation of E-prescriptions in Hospitals and Other Healthcare Services
4.3 Market Restraints
4.3.1 Increasing Number of Illegal Online Pharmacies
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5.1 By Drug Type
5.1.1 Prescription Drugs
5.1.2 Over-the-counter (OTC) Drugs
5.2 By Product Type
5.2.1 Skin Care
5.2.2 Dental
5.2.3 Cold and Flu
5.2.4 Vitamins
5.2.5 Weight Loss
5.2.6 Other Product Types
5.3 Geography
5.3.1 North America US Canada Mexico
5.3.2 Europe Germany UK France Italy Spain Rest of Europe
5.3.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
5.3.4 Middle East and Africa GCC South Africa Rest of Middle East and Africa
5.3.5 South America Brazil Argentina Rest of South America

6.1 Company Profiles
6.1.1 CVS Health Corporation
6.1.2 DocMorris
6.1.3 Express Scripts Holding Company
6.1.4 Giant Eagle Inc.
6.1.5 Optum Rx Inc.
6.1.6 Rowlands Pharmacy
6.1.7 The Kroger Co.
6.1.8 Walgreen Co.
6.1.9 Walmart Stores Inc.


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Press Release Distributed by The Express Wire

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