The latest report published by Report Ocean, titled “e-Pharmacy Market” Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023 to 2031,” offers a comprehensive assessment of the industry, including valuable insights into market trends. The report encompasses competitor and regional analysis, as well as the latest developments in the market. It serves as an excellent resource for investors, researchers, consultants, marketing strategists, and anyone planning to enter the market in any capacity.
What is e-Pharmacy Market growth?
e-Pharmacy, or online pharmacy, is a pharmacy that operates over the Internet and sends orders to customers through mail, shipping companies, or online pharmacy web portal. Patients can order their prescription medicines from registered pharmacists via the internet and receive their medicines from the nearest delivery point. The E-Pharmacy model, which is very easy to use and continues to spread rapidly, started to replace traditional pharmacies. According to market research study published by Report ocean, the market size of the global e-pharmacy sector is expected to rise by USD 124 billion with a CAGR of 16.7% by the end of 2028.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global e-pharmacy market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the e-pharmacy industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the drug type, product, platform, and region. The global market for e-pharmacy can be segmented by drug type: prescription drugs, over-the-counter (OTC) drugs. The OTC drugs segment captured the largest share of the market in 2021. E-pharmacy market is further segmented by product: analgesic/antipyretic agents, cold and flu, dietary supplements, eye care, gastrointestinal agents, oral health, skin care, others. Based on platform, the e-pharmacy market is segmented into: desktop, mobile. On the basis of region, the e-pharmacy market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
By drug type:
prescription drugs
over-the-counter (OTC) drugs
By product:
analgesic/antipyretic agents
cold and flu
dietary supplements
eye care
gastrointestinal agents
oral health
skin care
others
By platform:
desktop
mobile
By region:
North America
Asia Pacific
Europe
Rest of the World (ROW)
The global e-pharmacy market report offers detailed information on several market vendors, including Amazon.com, Inc. (Amazon Pharmacy), CVS Health Corporation, DocMorris N.V. (Zur Rose Group AG), Giant Eagle, Inc., Honeybee Health, Inc., JD Health International Inc., L Rowland & Co (Retail) Ltd. (Rowlands Pharmacy), LLOYDS Pharmacy Limited, Netmeds Marketplace Limited (Netmeds.com), Optum Rx, Inc. (UnitedHealth Group), Pharmacy2u Ltd., Shop Apotheke Europe N.V., Superdrug Stores plc, The Kroger Co., Walgreen Boots Alliance (Walgreen Co.), Walmart, Inc., among others.
Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
To analyze and forecast the market size of the global e-pharmacy market.
To classify and forecast the global e-pharmacy market based on drug type, product, platform, region.
To identify drivers and challenges for the global e-pharmacy market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global e-pharmacy market.
To identify and analyze the profile of leading players operating in the global e-pharmacy market.
Why Choose This Report
Gain a reliable outlook of the global e-pharmacy market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
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Some of the metrics this research service discusses are:
Market Size:
- This metric quantifies the total value or volume of a market, providing an understanding of the market’s scale and potential.
Market Growth Rate:
- This metric measures the rate at which the market is growing over a specific period.
- It helps assess the market’s attractiveness and potential for investment.
Market Share:
- Market share metrics indicate the portion or percentage of the market captured by a specific company or product.
- It provides insights into the competitive position of market players.
Customer Satisfaction:
- Customer satisfaction metrics assess the level of satisfaction or dissatisfaction among customers with a product, service, or brand.
- It helps gauge customer loyalty and identify areas for improvement.
Pricing Analysis:
- Pricing metrics analyze the pricing strategies used in the market.
- This includes metrics such as average prices, price differentials between products or competitors, and price elasticity.
Market Segmentation:
- Segmentation metrics involve dividing the market into distinct segments based on factors such as demographics, geography, behavior, or psychographics.
- This helps understand the varying needs and preferences of different customer groups.
Customer Acquisition Cost (CAC):
- CAC is a metric that calculates the cost of acquiring a new customer. It helps evaluate the efficiency of marketing and sales efforts.
Customer Lifetime Value (CLV):
- CLV measures the total value a customer generates over their entire relationship with a company. It helps assess the long-term profitability of customer relationships.
Return on Investment (ROI):
- ROI metrics evaluate the profitability and effectiveness of an investment or marketing campaign.
- It measures the return or gain generated relative to the cost of investment.
Competitive Analysis:
- Competitive analysis metrics assess the performance and strategies of competitors in the market.
- This includes metrics such as market share, revenue growth, product portfolio, and customer satisfaction.
Key Performance Indicators (KPIs):
- KPIs are specific metrics that measure the performance of a business or organization.
- They can include metrics such as sales growth, market penetration, customer retention rate, and profitability.
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About Report Ocean:
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