PUBLISHER: TechNavio | PRODUCT CODE: 1684990
PUBLISHER: TechNavio | PRODUCT CODE: 1684990
The EPharmacy Market is forecasted to grow by USD 148.5 billion during 2024-2029, accelerating at a CAGR of 21.2% 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.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 19.6% |
CAGR | 21.2% |
Incremental Value | $148.5 bn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's epharmacy market is segmented as below:
By Product Type
By Drug Class
By Distribution Channel
By End-user
By Geographical Landscape
This 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:
The 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 Amazon.com Inc., Apollo Pharmacies Ltd., Axelia Solutions Pvt. Ltd., Bright Lifecare Pvt. Ltd., CVS Health Corp., DocMorris AG, Evernorth Health Inc., Giant Eagle Inc., Netmeds.com, Optum Inc., Practo Technologies Pvt. Ltd., Tata 1mg, The Kroger Co., Walgreens Boots Alliance Inc., and Walmart Inc.. 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 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 primary and secondary research. 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 accurate market growth.
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