What is Pharma E-commerce Market?
In the last two decades, the application of E-commerce in pharmaceutical is evolving from technology-driven to more user-driven. Thus E‐commerce has become synonymous with communication, strategy and business practices in this industry. It aids to exchange information and execute transactions among enterprises and individuals. In the pharmaceutical industry, e-commerce playing a wide role in numerous applications.
Highlights from Pharma E-commerce Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | The Kroger Co. (United States), Walgreens (United States), Giant Eagle, Inc. (United States), Walmart Inc. (United States), Express Scripts Holding Company (United States), CVS Health (United States), Optum, Inc. (United States), Zur Rose Group AG (Switzerland), McKesson Corp. (United States) and Shop Apotheke Europe (Netherlands) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Pharma E-commerce market throughout the forecasted period.
The Kroger Co. (United States), Walgreens (United States), Giant Eagle, Inc. (United States), Walmart Inc. (United States), Express Scripts Holding Company (United States), CVS Health (United States), Optum, Inc. (United States), Zur Rose Group AG (Switzerland), McKesson Corp. (United States) and Shop Apotheke Europe (Netherlands) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are UK Meds (United Kingdom) and Walgreens Boots Alliance, Inc. (United States). Pharma E-commerce Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Individual Use and Industrial Use |
Type | Rx (prescription medicine) and OTC (over the counter) |
On the basis of geography, the market of Pharma E-commerce has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Preference for Online Platform
Market Growth Drivers:
Increased Number of Online Customers, Increased Healthcare Infrastructure in Developing Countries and Increased Penetration of the Internet
Challenges:
Stringent Rules and Regulations in Some Regions
Restraints:
Less Awareness in Under Developed Regions
Opportunities:
Growing Geriatric Population Worldwide and Rise in the Pharmaceutical Industry
Key Target Audience
Pharma E-commerce Companies, Research Professionals, Emerging Companies and End-users