Global E-Pharmacy Market Valuation To Surpass USD 124 Billion By 2028

June 21, 2022


As per the research report titled ‘Global e-Pharmacy Market 2022-2028’, available with MarketStudyReport, global e-pharmacy market is estimated to grow with a CAGR of 16.7% over the next six years, reaching the valuation of USD 124 billion by 2028.


The expansion of global e-pharmacy industry is backed by the prevalence of various diseases and infections among individuals, growing geriatric population, improvements in the healthcare infrastructure, and technological advancements.


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Furthermore, wider internet penetration, as well as rising e-commerce knowledge among people of all age groups are also helping the market to grow significantly.


Moving on, the research provides a thorough understanding of the impact of the COVID-19 outbreak on the market scenario, along with the growth graph, competitive landscape, and revenue accumulation over 2022-2028.


For 360-degree comprehension, global e-pharmacy is divided as per drug type into over-the-counter (OTC) drugs and prescription drugs. Among these, the over-the-counter drugs segment accounted for a remarkable revenue share in 2021 and is expected to rise significantly through 2028.


Based on the product type, the market is bifurcated into skincare, gastrointestinal agents, dietary supplements, analgesic/antipyretic agents, oral health, eye care, cold & flu, and others. Speaking of platform type, the market classification comprises mobile and desktop. Both these segments are anticipated to garner substantial traction throughout the forecast period.


As per regional landscape, the marketplace is studied across Europe, North America, Asia Pacific, and others. Insights about the profitable opportunities, along with prevailing trends in these regions are unveiled in the report.


Concluding with the competitive hierarchy, the well-known companies profiled in the worldwide e-pharmacy industry are Walmart Inc., The Kroger Company, Shop Apotheke Europe N.V., OptumRx Inc. (UnitedHealth Group), Lloyds Pharmacy Limited, JD Health International Inc., Giant Eagle Inc., CVS Health Corporation, Walgreens Boots Alliance Inc. (Walgreen Co.), Superdrug Stores plc, Pharmacy2U Ltd., Netmeds Marketplace Limited (Netmeds.com), L Rowland & Company (Retail) Ltd. (Rowlands Pharmacy), Honeybee Health Inc., DocMorris N.V. (Zur Rose Group AG), and Amazon.com Inc. (Amazon Pharmacy).

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