Research Reports
At 17.0% CAGR E-pharmacy Market To reach a value of US$ 244.0 Bn by 2027
Published by Coherent Market Insights
Posted on September 16, 2021
6 min readLast updated: January 20, 2026
Global Banking & Finance Review®
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Published by Coherent Market Insights
Posted on September 16, 2021
6 min readLast updated: January 20, 2026
E-pharmacy Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of CVS Caremark, Banner Health, DocMorris NV, Ro, Zur Rose Group AG, Right ePharmacy, PlanetRx.com.Inc., Lloyds Pharmacy Ltd., Dr. Fox Pharmacy, eDrugstore.MD, MediSave, Walgreen Co, and Rowlands Pharmacy.
E-pharmacy as we know it today, provides pharmacy services to its customers through the use of the Internet. This technology has been around for quite some time but it wasn’t until sometime ago that it started to gain popularity and slowly started replacing the traditional pharmacy. One of the advantages of using e-pharmacy over the traditional type of pharmacy is that there is no face to face interaction required between the customer and the pharmacists.
Request Here For Market Latest Insights: https://www.coherentmarketinsights.com/insight/request-pdf/1544
Market Dynamics
Increasing adoption of smartphones is expected to propel growth of the e-pharmacy market. For instance, according to Pew Research Center, 76% of adults in the U.K. owned a smartphone in 2018.
Increasing geriatric population is expected to offer lucrative growth opportunities for players in the e-pharmacy market. For instance, according to United Nations Population Fund, geriatric population in Asia Pacific is expected to triple between 2010 and 2050 to reach 1.3 billion people by 2050. Moreover, increasing investment in e-pharmacy is also expected to aid in growth of the market. For instance, in November 2020, Alodokter, an Indonesian telemedicine app, raised an undisclosed amount of funding from MDI Ventures, the corporate VC arm of Telkom Indonesia, in order to launch e-pharmacy.
Emergence of Covid-19 has had a mixed response on the-pharmacy market. The COVID-19 pandemic has shifted preference to ATM pharmacies as majority of countries are under lockdown. The pandemic has also affected the revenue of several market players.
Among regions, Asia Pacific is expected to witness significant growth in the e-pharmacy market, owing to growing e-commerce sector in the region. For instance, according to India Brand Equity Foundation, the e-commerce sector in India is expected to reach US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. Moreover, entry of new market players is also expected to aid in growth of the market in Asia Pacific. For instance, in November 2020, Amazon Inc. launched a pharmacy service in the South Indian city of Bengaluru.
Major players operating in the global e-pharmacy market are focused on adopting expansion strategies to enhance their market share. For instance, in December 2020, India-based e-pharmacy, SastaSundar, announced its plans to expand into the northern and western regions of India while strengthening its presence in the existing markets in the eastern and north-eastern regions.
Purchase this Report at Discount Of US $2000 Flat OFF – https://www.coherentmarketinsights.com/promo/buynow/1544
Reasons to Purchase this Report
• Current and future of global E-pharmacy Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post At 17.0% CAGR E-pharmacy Market To reach a value of US$ 244.0 Bn by 2027 appeared first on Gatorledger.
E-pharmacy Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of CVS Caremark, Banner Health, DocMorris NV, Ro, Zur Rose Group AG, Right ePharmacy, PlanetRx.com.Inc., Lloyds Pharmacy Ltd., Dr. Fox Pharmacy, eDrugstore.MD, MediSave, Walgreen Co, and Rowlands Pharmacy.
E-pharmacy as we know it today, provides pharmacy services to its customers through the use of the Internet. This technology has been around for quite some time but it wasn’t until sometime ago that it started to gain popularity and slowly started replacing the traditional pharmacy. One of the advantages of using e-pharmacy over the traditional type of pharmacy is that there is no face to face interaction required between the customer and the pharmacists.
Request Here For Market Latest Insights: https://www.coherentmarketinsights.com/insight/request-pdf/1544
Market Dynamics
Increasing adoption of smartphones is expected to propel growth of the e-pharmacy market. For instance, according to Pew Research Center, 76% of adults in the U.K. owned a smartphone in 2018.
Increasing geriatric population is expected to offer lucrative growth opportunities for players in the e-pharmacy market. For instance, according to United Nations Population Fund, geriatric population in Asia Pacific is expected to triple between 2010 and 2050 to reach 1.3 billion people by 2050. Moreover, increasing investment in e-pharmacy is also expected to aid in growth of the market. For instance, in November 2020, Alodokter, an Indonesian telemedicine app, raised an undisclosed amount of funding from MDI Ventures, the corporate VC arm of Telkom Indonesia, in order to launch e-pharmacy.
Emergence of Covid-19 has had a mixed response on the-pharmacy market. The COVID-19 pandemic has shifted preference to ATM pharmacies as majority of countries are under lockdown. The pandemic has also affected the revenue of several market players.
Among regions, Asia Pacific is expected to witness significant growth in the e-pharmacy market, owing to growing e-commerce sector in the region. For instance, according to India Brand Equity Foundation, the e-commerce sector in India is expected to reach US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. Moreover, entry of new market players is also expected to aid in growth of the market in Asia Pacific. For instance, in November 2020, Amazon Inc. launched a pharmacy service in the South Indian city of Bengaluru.
Major players operating in the global e-pharmacy market are focused on adopting expansion strategies to enhance their market share. For instance, in December 2020, India-based e-pharmacy, SastaSundar, announced its plans to expand into the northern and western regions of India while strengthening its presence in the existing markets in the eastern and north-eastern regions.
Purchase this Report at Discount Of US $2000 Flat OFF – https://www.coherentmarketinsights.com/promo/buynow/1544
Reasons to Purchase this Report
• Current and future of global E-pharmacy Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post At 17.0% CAGR E-pharmacy Market To reach a value of US$ 244.0 Bn by 2027 appeared first on Gatorledger.
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