Global ePharmacy Market 2024-2028

Global EPharmacy Market 2024-2028
The epharmacy market is forecasted to grow by USD 118.73 bn during 2023-2028, accelerating at a CAGR of 20.47% during the forecast period. The report on the epharmacy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of high-end internet services, adoption of omnichannel retailing technique by pharmacy chains, and ease of operation of epharmacy services.

Technavio's epharmacy market is segmented as below:

By TypePrescription drugsOver-the-counter drugsBy Product TypeMedicationsHW and NPersonal care and essentialsBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the growing acceptance of epharmacy services in newly regulated European states as one of the prime reasons driving the epharmacy market growth during the next few years. Also, increase in older population and prevalence of chronic diseases and introduction of same-day delivery will lead to sizable demand in the market.

The report on the epharmacy market covers the following areas:Epharmacy market sizingEpharmacy market forecastEpharmacy market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading epharmacy market vendors that include Axelia Solutions Pvt. Ltd., CVS Health Corp., Evernorth Health Inc., Giant Eagle Inc., Reliance Industries Ltd., Kroger Co., UnitedHealth Group Inc., Walgreens Boots Alliance Inc., Walmart Inc., and Zur Rose Group AG. Also, the epharmacy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth