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EPharmacy Market Size study, by Drug Type (Prescription Drugs, OTT Drugs), by Product Type (Skin Care, Dental, Cold Flu, Vitamins, Weight Loss, Others)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global EPharmacy Industry valued approximately USD 38.05 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.20% over the forecast period 2019-2025. The EPharmacy Industry is continuously growing in the global scenario at significant pace. The pharmacy, also popularly known as online pharmacy, or mail-order pharmacy, or Internet pharmacy, is a pharmacy operating via Internet and does the sending of orders to its customers via shipping companies or mail. E-Pharmacies include pharmacy benefit manager. Pharmacy benefit manager is a huge group prescription drug plans administrator. Surge in the number of internet users in both developed and developing countries, enhance access to web-based & online services and surging implementation of E-Prescriptions in Hospitals and diagnostic centers are the substantial driving factors of the Industry during the forecast period. Moreover, increasing adoption of e-commerce platforms in epharmacy is the major factors that likely to create numerous opportunity in the near future. However, surging number of illegal online pharmacies and low adoption of advanced technology in underdeveloped region are the factors that limiting the growth of the Industry during the forecast period.
The regional analysis of Global EPharmacy Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to increasing adoption of ecommerce, increasing frequency of online orders and rising aging population in the region. Europe is estimated to grow at stable growth rate in the global EPharmacy Industry over the upcoming years. Further, Asia-pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to presence of large patient base and rising health awareness among people in the region.
The

EPharmacy Industry Share and Size by 2019-2025
Health Care
EPharmacy Market Segmentation:
By Drug Type:
Prescription Drugs
OTT Drugs

By Product Type:
Skin Care
Dental
Cold Flu
Vitamins
Weight Loss
Others

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in EPharmacy Market are as follows:
CVS Health Corporation
DocMorris
Giant Eagle Inc.
Rowlands Pharmacy
The Kroger Corporation
Walmart Stores Inc.

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