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E-Pharmacy Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

E-Pharmacy

The “E-Pharmacy Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. E-Pharmacy market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. E-Pharmacy market report also offers market competitors that includes detailed company profiles along with company product specifications.

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.

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    In E-Pharmacy Market Report, Following Companies Are Covered:

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

    E-Pharmacy Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    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.

    Reasons for Buying E-Pharmacy Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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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.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of E-Pharmacy create from those of established entities?

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

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    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 MARKET SEGMENTATION
    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
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    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.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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