Product Code: PM1012
The global e-pharmacy market size is expected to reach USD 371.25 billion by 2032, according to a new study by Polaris Market Research. The report "E-pharmacy Market Share, Size, Trends, Industry Analysis Report By Drug Type (Prescription Drug, OTC Drug), By Product Type, By Payment Method, By Platform, By Regions; and Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Easy ordering, high-quality services, availability of pharmaceuticals, and rising internet accessibility have changed customers' preferences in favor of e-pharmacy platforms. The global market is also anticipated to be driven by the huge rise in smartphone usage, which enables firms in the e-pharmacy sector to attract a wide spectrum of customers from established and emerging economies.
The e-pharmacy industry expanded significantly during COVID-19, especially in developing nations like India. The proliferation of e-pharmacy mobile applications that offer online drug delivery services results from regional lockdowns and movement limitations. Additionally, government actions encouraging digital technology to enhance drug access have positively impacted the expansion of the e-pharmacy sector. As a result, several industry companies engaged in the e-pharmacy business during the pandemic saw an increase in application subscribers.
E-pharmacy, commonly referred to as an internet pharmacy or an online pharmacy, is a digital platform where users can buy pharmaceuticals or other medications. The platform is made to offer online pharmacy services, such as the delivery of drugs. Refilling prescriptions and providing patients with over-the-counter and specialty medications are both made possible by e-pharmacies.
The availability of online pharmacies in developing countries has improved due to a significant increase in online service providers. Internet users have significantly increased in recent years, further fueling a high adoption rate. Therefore, the availability of a wide selection of pharmaceutical items and the simplicity with which internet pharmacies can be accessed via smartphones are key drivers fueling the expansion of the e-pharmacy market. Additionally, partnerships between producers and online pharmacies to increase the accessibility of their products and the client base through online channels will spur market expansion during the forecast period.
The e-pharmacy market statistics will be driven by the availability of a variety of over-the-counter medications for various commonly occurring disorders like the flu and the common cold. Additionally, a favourable regulatory environment that encourages Rx to OTC conversion will improve segment revenue growth. The Consumer Healthcare Products Association claims that the conversion of prescription allergy medications to over-the-counter (OTC) medications results in increased consumer preference due to better accessibility and cost effectiveness. As a result, there will be more products available on the market as a result of the aforementioned considerations.
E-pharmacy Market Report Highlights:
The online pharmacy market is divided into OTC and prescription drugs. The segment with the largest market share was OTC products, and in the upcoming years, that segment is anticipated to grow significantly.
App-based and web-based E-pharmacies are dominating the E-pharmacy market because they offer convenience, accessibility, and personalized services to customers.
North America accounts for the majority of the market under investigation. This is primarily caused by the rising popularity of online services and the rise in internet users, which are expected to hasten the market's expansion throughout the forecast year.
During the pandemic, there was a surge in demand for E-pharmacy services as people avoided visiting physical pharmacies due to concerns about infection. The increased demand led to significant growth in the E-pharmacy market.
Polaris Market Research has segmented E-pharmacy Market report based on Drug Type, Product Type, Payment Method, Platform and Region:
E-pharmacy Market, Drug Type Outlook (Revenue - USD Billion, 2019-2032)
Prescription Drug
OTC Drug
E-pharmacy Market, Product Type Outlook (Revenue - USD Billion, 2019-2032)
Skin Care
Dental
Cold and Flu
Vitamins
Weight Loss
Other Product Types
E-pharmacy Market, Payment Method Outlook (Revenue - USD Billion, 2019-2032)
Cash On Delivery
Online Payment
E-pharmacy Market, Platform Outlook (Revenue - USD Billion, 2019-2032)
App Based
Web Based
E-pharmacy Market, Regional Outlook (Revenue - USD Billion, 2019-2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global E-pharmacy Market Insights
- 4.1. E-pharmacy - Industry Snapshot
- 4.2. E-pharmacy Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising use of digital technology and e-commerce
- 4.2.1.2. Government has implemented several initiatives
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Risk of counterfeit drugs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. E-pharmacy Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global E-pharmacy Market, by Drug Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 5.3. Prescription Drug
- 5.3.1. Global E-pharmacy Market, by Prescription Drug, by Region, 2019-2032 (USD Billion)
- 5.4. OTC Drug
- 5.4.1. Global E-pharmacy Market, by OTC Drug, by Region, 2019-2032 (USD Billion)
6. Global E-pharmacy Market, by Product Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 6.3. Skin Care
- 6.3.1. Global E-pharmacy Market, by Skin Care, by Region, 2019-2032 (USD Billion)
- 6.4. Dental
- 6.4.1. Global E-pharmacy Market, by Dental, by Region, 2019-2032 (USD Billion)
- 6.5. Cold and Flu
- 6.5.1. Global E-pharmacy Market, by Cold and Flu, by Region, 2019-2032 (USD Billion)
- 6.6. Vitamins
- 6.6.1. Global E-pharmacy Market, by Vitamins, by Region, 2019-2032 (USD Billion)
- 6.7. Weight Loss
- 6.7.1. Global E-pharmacy Market, by Weight Loss, by Region, 2019-2032 (USD Billion)
- 6.8. Other Product Types
- 6.8.1. Global E-pharmacy Market, by Other Product Types, by Region, 2019-2032 (USD Billion)
7. Global E-pharmacy Market, by Payment Method
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 7.3. Cash On Delivery
- 7.3.1. Global E-pharmacy Market, by Cash On Delivery, by Region, 2019-2032 (USD Billion)
- 7.4. Online Payment
- 7.4.1. Global E-pharmacy Market, by Online Payment, by Region, 2019-2032 (USD Billion)
8. Global E-pharmacy Market, by Platform
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 8.3. App Based
- 8.3.1. Global E-pharmacy Market, by App Based, by Region, 2019-2032 (USD Billion)
- 8.4. Web Based
- 8.4.1. Global E-pharmacy Market, by Web Based, by Region, 2019-2032 (USD Billion)
9. Global E-pharmacy Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. E-pharmacy Market Assessment, By Geography, 2019-2032 (USD Billion)
- 9.3. E-pharmacy Market - North America
- 9.3.1. North America: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.3.2. North America: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.3.3. North America: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.3.4. North America: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.3.5. E-pharmacy Market - U.S.
- 9.3.5.1. U.S.: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.3.5.2. U.S.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.3.5.3. U.S.: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.3.5.4. U.S.: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.3.6. E-pharmacy Market - Canada
- 9.3.6.1. Canada: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.3.6.2. Canada: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.3.6.3. Canada: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.3.6.4. Canada: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4. E-pharmacy Market - Europe
- 9.4.1. Europe: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.2. Europe: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.3. Europe: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.4. Europe: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.5. E-pharmacy Market - UK
- 9.4.5.1. UK: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.5.2. UK: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.5.3. UK: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.5.4. UK: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.6. E-pharmacy Market - France
- 9.4.6.1. France: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.6.2. France: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.6.3. France: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.6.4. France: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.7. E-pharmacy Market - Germany
- 9.4.7.1. Germany: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.7.2. Germany: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.7.3. Germany: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.7.4. Germany: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.8. E-pharmacy Market - Italy
- 9.4.8.1. Italy: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.8.2. Italy: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.8.3. Italy: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.8.4. Italy: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.9. E-pharmacy Market - Spain
- 9.4.9.1. Spain: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.9.2. Spain: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.9.3. Spain: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.9.4. Spain: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.10. E-pharmacy Market - Netherlands
- 9.4.10.1. Netherlands: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.10.2. Netherlands: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.10.3. Netherlands: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.10.4. Netherlands: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.4.11. E-pharmacy Market - Russia
- 9.4.11.1. Russia: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.4.11.2. Russia.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.4.11.3. Russia: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.4.11.4. Russia: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5. E-pharmacy Market - Asia Pacific
- 9.5.1. Asia Pacific: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.2. Asia Pacific: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.3. Asia Pacific: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.4. Asia Pacific: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.5. E-pharmacy Market - China
- 9.5.5.1. China: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.5.2. China.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.5.3. China: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.5.4. China: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.6. E-pharmacy Market - India
- 9.5.6.1. India: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.6.2. India.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.6.3. India: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.6.4. India: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.7. E-pharmacy Market - Japan
- 9.5.7.1. Japan: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.7.2. Japan.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.7.3. Japan: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.7.4. Japan: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.8. E-pharmacy Market - Malaysia
- 9.5.8.1. Malaysia: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.8.2. Malaysia.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.8.3. Malaysia: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.8.4. Malaysia: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.9. E-pharmacy Market - Indonesia
- 9.5.9.1. Indonesia: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.9.2. Indonesia.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.9.3. Indonesia: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.9.4. Indonesia: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.5.10. E-pharmacy Market - South Korea
- 9.5.10.1. South Korea: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.5.10.2. South Korea.: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.5.10.3. South Korea: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.5.10.4. South Korea: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.6. E-pharmacy Market - Middle East & Africa
- 9.6.1. Middle East & Africa: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.6.2. Middle East & Africa: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.6.3. Middle East & Africa: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.6.4. Middle East & Africa: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.6.5. E-pharmacy Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.6.5.2. Saudi Arabia: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.6.5.3. Saudi Arabia: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.6.5.4. Saudi Arabia: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.6.6. E-pharmacy Market - South Africa
- 9.6.6.1. South Africa: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.6.6.2. South Africa: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.6.6.3. South Africa: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.6.6.4. South Africa: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.6.7. E-pharmacy Market - Israel
- 9.6.7.1. Israel: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.6.7.2. Israel: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.6.7.3. Israel: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.6.7.4. Israel: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.6.8. E-pharmacy Market - UAE
- 9.6.8.1. UAE: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.6.8.2. UAE: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.6.8.3. UAE: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.6.8.4. UAE: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.7. E-pharmacy Market - Latin America
- 9.7.1. Latin America: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.7.2. Latin America: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.7.3. Latin America: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.7.4. Latin America: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.7.5. E-pharmacy Market - Mexico
- 9.7.5.1. Mexico: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.7.5.2. Mexico: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.7.5.3. Mexico: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.7.5.4. Mexico: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.7.6. E-pharmacy Market - Brazil
- 9.7.6.1. Brazil: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.7.6.2. Brazil: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.7.6.3. Brazil: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.7.6.4. Brazil: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
- 9.7.7. E-pharmacy Market - Argentina
- 9.7.7.1. Argentina: E-pharmacy Market, by Drug Type, 2019-2032 (USD Billion)
- 9.7.7.2. Argentina: E-pharmacy Market, by Platform, 2019-2032 (USD Billion)
- 9.7.7.3. Argentina: E-pharmacy Market, by Product Type, 2019-2032 (USD Billion)
- 9.7.7.4. Argentina: E-pharmacy Market, by Payment Method, 2019-2032 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Express Scripts Holding
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Giant Eagle
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. The Walgreen Company
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Kroger Co
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. CVS Health Corporation
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. DocMorris
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. PharmEasy
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Wal-Mart Stores
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. OptumRx
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Rowland Pharmacy
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Lloyds Pharmacy Ltd (McKesson Corporation)
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. 1mg
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. Netmeds
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development