Pharma E-Commerce Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Pharma E-Commerce market is segmented by Product {Rx (Prescription Medicine), OTC (Over the Counter)}, End User (Direct Sales, Distributors, Online) and Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa, Rest of World)

  • Report ID : MD1665
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  • Pages : 200
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  • Tables : 88
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  • Formats :

Pharma E-Commerce Market size was estimated at $266.4 Million in 2019 and is expected to reach $306.1 Million by 2027, growing at a CAGR of 2% during the forecast period of 2020 to 2027.

pharma e commerce market

Pharma E-Commerce Market Growth Factors


Pharma E-Commerce Market Segmentation


Pharma E-Commerce Market Country Analysis

The global Pharma e-commerce market is expected to expand by $10.69 billion, translating to a CAGR of 14% over the forecast period. North America dominates this market because of the widespread adoption of e-commerce coupled with the increasing geriatric population. The promising markets of the Asia-Pacific regions are projected to record the highest CAGR in the forecast period (2020-2027). The market growth in the Asia Pacific is being driven by the rising number of patients coupled with investment in infrastructural development by the government. Other factors contributing to the growth of this market include the widespread adoption of internet services and the implementation of artificial intelligence. The global players in the Pharma e-commerce market include Walgreen Co., Walmart, Zur Rose Group AG, and Walgreens Boots Alliance, Inc.

Pharma E-Commerce Market Share and Competition


Key companies operating in this industry are: The Kroger Co., Walgreen Co., Giant Eagle, Inc., Walmart, Express Scripts Holding Company., CVS Health, Optum, Inc., L Rowland & Co (Retail) Ltd, Zur Rose Group AG, apo-rot BV, McKesson Corp., myCARE e.K., SHOP-APOTHEKE EUROPE N.V., UK Meds, Walgreens Boots Alliance, Inc.

Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2020 - 2027)
• Rx (Prescription Medicine)
• OTC (Over The Counter)
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Direct Sales
• Distributors
• Online
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Pharma E-Commerce Market Companies
• The Kroger Co.
• Walgreen Co.
• Giant Eagle, Inc.
• Walmart.
• Express Scripts Holding Company
• CVS Health, Optum, Inc.
• L Rowland & Co (Retail) Ltd
• Zur Rose Group AG
• Apo-rot BV
• McKesson Corp
• myCARE e.K
• SHOP-APOTHEKE EUROPE N.V
• UK Meds
• Walgreens Boots Alliance, Inc.

Available Versions:-
United States Pharma E-Commerce Market Industry Research Report
Europe Pharma E-Commerce Market Industry Research Report
Asia Pacific Pharma E-Commerce Market Industry Research Report

The World of E-Commerce that is online services of selling and buying is leaving no stone unturned to explore all fields of product and services, including Pharma.  Pharma E-commerce Market is an online medium between buyer and seller to access the medications and equipment without stepping out of the house. pharma has proved to be the most hassle-free form of product provider, and with more people driven to its effectiveness, the market has grown in terms of demand and exposure. A surge in advancement in the healthcare sector and pharmacy including the tech- innovations which has improved and customised online stores for better functionality has been a driving force. The Health Information Technology ( HIT ) which has come into terms recently along with a surge in awareness about patient safety through robotic dispensing systems has propelled the growth of the global market. Also, Increase in services like long- term assistance, Order through the mail, restorations of value-added services have been other key factors. The Epharma market also makes the system more oriented and transparent. Other perks include more tending period of the customers, Endless search and clearance of queries. All over the customers receive a better and modified way of buying medications at a cost-effective time. The efficient form of automation facilities have also made deliveries more precise and foolproof.   However, the lack of internet connectivity and customized online stores can make the growth dip down. Spreading more awareness about the pharma E-commerce market and its wide base of services to a bulk of people can drive revenue in the market gradually.

 

Kroger Co., A giant tech company in pharma e-commerce industry, announced on 23 June 2020 that it has been named to Computer world magazine’s top 100 best places to work in IT for the year 2020. Yael Cosset, Chief technology and Digital officer at Kroger, said, “Our technology and digital team continues to create innovative experiences that are fundamentally changing the way we serve customers across America.”
Zur Rose group of companies has strengthened its European business through acquisition of mail orders and diabetes activities of another online pharmaceutical group Apotal. The e-Pharma company U GRO has launched a new tech ‘Sanjeevani’, which is an end-to-end digital platform for e-commerce, on 27 June 2020.
Uni-Bio Science Group announced on 15 may 2020 that its wholly-owned subsidiary Shenzen Watsin Genetech has agreed to a partnership with Chengdu Medlinker Technology Company to increase the digital market platforms throughout. Progressive Care Inc. has recently announced its live launch of the new e-commerce portal on 23 April 2020. This platform includes all of the pharmaceutical guidance.

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