ePharmacy Market By Region- Global Industry Analysis and Forecast to 2023

“Global ePharmacy Market Report 2018” presents an in-depth assessment of the EPharmacy including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for EPharmacy investments from 2018 till 2023. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc.

ePharmacy Market – Competitive Insights:

The leading players in the market are Rowlands Pharmacy, CVS Health, DocMorris N.V, Giant Eagle, OptumRx Inc, Express Scripts, Kroger, Walmart and Walgreens. These players are embracing different promoting techniques to increase higher share in the ePharmacy market and concentrating on extending their geographic existence, particularly in developing locales that offer lucrative opportunities.

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The ePharmacy Market was worth USD 25.18 billion in 2014 and is expected to reach approximately USD 86.97 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.76% during the forecast period.  Expanded penetration of the internet over the world, enhanced medicinal services foundation, rapid aging of the populace, and expanding awareness relating to ecommerce among clients are a portion of the elements driving development. Change in customer conduct with an expanded interest for convenience is additionally one of the key components adding to the market development. Besides, rising adoption of ecommerce based business and advanced innovations in medicinal services part is anticipated to drive development.

Industry Updates:

CVS Health announced that three additional Aetna directors with deep insurance company oversight experience – Edward J. Ludwig, Fernando Aguirre, and Roger N. Farah – will join the CVS Health Board following the completion of its acquisition of Aetna. The appointment of these three Aetna directors, together with the previously announced addition of Mark T. Bertolini, Aetna’s current Chairman and Chief Executive Officer, will bring the total number of CVS Health Board members to 16. CVS Health also announced that following the completion of the transaction, Eva C. Boratto, currently CVS Health’s Executive Vice President – Controller and Chief Accounting Officer, will become Executive Vice President and Chief Financial Officer of CVS Health.

Rowlands Pharmacy won a multiple awardees contract award from NHS London Procurement Partnership, hosted by Guy’s and St. Thomas’ NHS Foundation Trust to provide outpatient pharmacy dispensing services. The lowest offer is GBP 1 million and the highest offer is GBP 10 million.

ePharmacy Market – By Region:

North America – U.S, Canada, Mexico

Europe – Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific – Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

ePharmacy Market – Regional Outlook and Trend Analysis:

North America commanded the ePharmacy market in 2016 with the biggest share of the overall industry. High adoption of internet business, increment in online requests, and development in elderly populace are a portion of the key factors that add to the substantial share of the market. Existence of entrenched players and increment in pharmaceutical needs, particularly of people born after WW2, are additionally anticipated that would drive development. Asia Pacific is anticipated to enlist speediest development throughout the following couple of years inferable from the existence of an expansive patient pool and ascend in target populace. Developing economies, for example, China and India have a high development potential. Vast populace base of these nations alongside the high neglected medicinal needs are a portion of the difficulties looked by the social insurance area in these districts.

ePharmacy Market – Table of Contents:

  1. Introduction
    1.1.Report Description
    1.2.Research Methodology
    2.Executive Summary
    2.1.Key Highlights
    3.Market Overview

    6.Company Profiles
    6.1. The Kroger Co.
    6.2.Walgreen Co.
    6.3.Giant Eagle, Inc.
    6.4.Walmart Stores, Inc.
    6.5.Express Scripts Holding Company
    6.6.CVS Health
    6.7. Optum Rx, Inc.
    6.8.Rowlands Pharmacy
    6.9.DocMorris (Zur Rose Group AG)
    7.Global EPharmacy Market Competition, by Manufacturer
    ….

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global EPharmacy market based on product and application. It also provides market size and forecast till 2023 for overall EPharmacy market with respect to five major regions, namely; North America, Europe, Asia-Pacific, Rest of the World, which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key EPharmacy market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered.

What our report offers: 
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Continued…

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