The e-Pharma Market report is a truthful source of information which offers a telescopic view of the current market trends, situations, opportunities and status. All the data and information collected in this market document for research and analysis is represented in the form of graphs, charts or tables for the sensible understanding of users. Besides, big sample sizes have been exploited for the data collection in this report which ensembles the necessities of small, medium as well as large size of businesses. This e-Pharma Market analysis report works on all the aspects of market that are required to create the finest and top-notch market research report.
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Increasing prevalence of e-Pharma Market report highlights the notable industry growth drivers, challenges, opportunities and restraints for the leading key players. This market research report assesses in progress as well as future performance of the market in addition to brand-new trends in the market. This market research report also identifies and analyses the emerging trends along with major driving factors, challenges and opportunities in the market. The report includes market shares for global, Europe, North America, Asia Pacific and South America. The global e-Pharma Market business report is a great resource which provides current and upcoming technical and financial details of the industry.
Market Analysis: Global e-Pharma Market
Global e-Pharma Market is expected to rise from its initial estimated value of USD 33.71 billion in 2018 to an estimated value of USD 101.69 billion by 2026 registering a CAGR of 14.80% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and demand of medicines in these populations.
Key Market Competitors:
Few of the major market competitors currently working in e-pharma market are Boehringer Ingelheim International GmbH, AbbVie Inc., Aurobindo Pharma, Pfizer Inc., Walmart Inc., Walgreen Co., Express Scripts Holding Company, The Kroger Co., L Rowland & Co, DocMorris, Giant Eagle, Inc., OptumRx, Inc., CVS Health, Merck & Co., Inc., Thermo Fisher Scientific.
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Market Definition: Global e-Pharma Market
E-Pharma market is a way of transaction between pharmaceutical companies and pharmacies. E-pharma market is one of the recent innovations that has emerged as a most convenient way to order medicines. Broadly, there are 3 types of e-pharma exist in the market which are: Organized e-pharmacy, Non-organized e-pharmacy and illegal international trade through e-pharmacy. E-Pharmacy is beneficial to common people in many ways by providing: Consumer convenience, Consumer access, Consumer education, Data records, Medicine authenticity.
Segmentation: Global e-Pharma Market
e-Pharma Market : By Type
Pharmacy Benefit Manager
Legitimate Internet Pharmacy
Illegal or Unethical Internet Pharmacy
e-Pharma Market : By Application
Hospitals
Personal use
Government research
e-Pharma Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In December 2018, Giant Eagle Inc. announced its acquisition with Ricker Oil Company Inc. The main of the acquisition is to expand Giant Eagle’s GetGo and Ricker’s brand in Indiana market and provide customers with fresh products and services.
In February 2016, Wal-Mart Stores, Inc. announced the agreement McKesson Corporation for the distribution of generic pharmaceuticals. The main aim of the agreement is to expand their business worldwide and McKesson will distribute all the pharmaceuticals by Walmart.
e-Pharma Market Drivers
Increasing aging population is driving the growth of this market
Rising prevalence for e- prescriptions is another factor driving the market growth.
e-Pharma Market Restraints
Rising number of illegal online pharmacies is restraining the growth of this market
Availability of fake drugs online is another factor restraining the market growth
Competitive Analysis:
Global e-Pharma market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of e-Pharma for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of global e-Pharma market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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