ePharmacy Market - Analysis of Market Size, Growth, Share and Economic Impact of the industry to 2015 - 2023

ePharmacy Market (By Geography - North America, Europe, Asia Pacific, Middle East and Africa, Latin America) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Size and Share Published in 2015-12-01 Available for US$ 5795 at Researchmoz.us

Description

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With the rise of Internet penetration, there has been a dramatic shift in the buying behavior of customers toward increased online purchasing. From essentials such as groceries and apparel to luxury products, everything is available for purchase on online retail platforms. The healthcare sector is no exception to this online retail trend, with pharmacies going online. With advantages such as round-the-clock availability and delivery of drugs, complete information on the prescribed drug, and knowledge of cost-effective substitutes, the market for ePharmacies is expected to experience a surge of growth in the coming years.

Operating within all the guidelines and standards set by their respective national governments, ePharmacies have emerged as ethical business entities and have become an effective source of prescription medicines. The trend of ePharmacies was initially witnessed in the developed economies of North America and Europe; however, with the rising penetration of the Internet and growing awareness among customers about prescription medicines, the market for ePharmacies is gaining momentum in the emerging countries in Asia Pacific.

This research study focuses on providing a comprehensive market assessment on current trends in the global ePharmacies market, along with a focus on various factors affecting the market’s growth. The influential factors that affect the growth of the ePharmacy market have been analyzed under the market dynamics section, which comprises market drivers, restraints, and opportunities. The report also provides comprehensive assessment of vendor strategies for excellence in the business. The report segregates the market into five different geographies: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Some of the major countries/regions analyzed in the report include the U.S., the EU7, the CIS, China, Japan, the Indian Subcontinent, Australasia, the GCC countries, North Africa, and South Africa. The report provides market size estimates and forecasts for all the regional and country segments for the ePharmacies market.

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The research study estimates the global ePharmacies market in terms of revenue (US$ Mn) for the period 2013 to 2023, which comprises:

2013: the base year

2014: estimated value

2015–2023: forecast period

The market estimates have been evaluated considering different technological, economic, political, environmental, social, and legal factors. The market positioning analysis of major players in the market is provided in the research study, which would help the buyers of this report understand the key strategies adopted by these players.

The company profiles section in the report provides competitive profiles of the leading players (however not all the market players) in the market. This section elucidates on the below details:

Company address

Geographical presence

Product/service portfolio

Recent developments

Historical roadmap

Financial performance

Business strategies

Some of the leading players profiled in the report include Banner Health, Dr. Fox Pharmacy, Lloyds Pharmacy Ltd., eDrugstore.MD, Walgreen Co., DocMorris NV, Rowlands Pharmacy, MediSave, CVS Caremark, and PlanetRx.com.

ePharmacy Market Segmentation:

ePharmacy Market, by Geography:

North America

U.S.

Rest of North America

Europe

EU7 (UK, Italy, Spain, France, Germany, Belgium, and Netherlands)

CIS

Rest of Europe

Asia Pacific

Japan

China

Indian Subcontinent (India, Pakistan, Bangladesh, Sri Lanka)

Australasia (Australia, New Zealand, and Guinea)

Rest of Asia Pacific

Middle East and Africa

GCC Countries

North Africa

South Africa

Rest of MEA

Latin America

Brazil

Rest of Latin America

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Table of Content

Chapter 1 Preface

1.1 Report Description

1.2 Market Segmentation: Global ePharmacy Market

1.3 Research Methodology

1.3.1 Phase I : Secondary Research

1.3.2 Phase II : Primary Research

1.3.3 Phase III : Expert Panel Review

1.3.4 Data Models

Chapter 2 Executive Summary

2.1 Market Snapshot: Global ePharmacy Market (2014 and 2023)

2.2 Global ePharmacy Market, by Geography, 2014 (US$ Bn)

Chapter 3 Global ePharmacy Market Analysis

3.1 Market Overview

3.2 Key Trend Analysis

3.2.1 Impact on Consumers and Retailers (Pharmacists/Chemists)

3.3 Market Dynamics

3.3.1 Drivers

3.3.1.1 Increasing Internet Penetration Driving the Shift toward Online Purchase of Drugs

3.3.1.1.1 Worldwide Internet Penetration (Million Users)

3.3.1.1.2 World Internet Usage and Population Statistics, 2015 (%)

3.3.1.2 Cost Effectiveness and Round-the-Clock Delivery of Drugs

3.3.1.3 Rise in Aging Population

3.3.1.3.1 Worldwide Aging Population Statistics, 2013 – 2050 (Million)

3.3.2 Restraints

3.3.2.1 Likely Occurrences of Substance Abuse

3.3.2.2 Presence of a Large Number of Rogue ePharmacies Hampering Customer Trust

3.3.3 Opportunities

3.3.3.1 Large Untapped Market in Asia Pacific and Latin America

3.4 Competitive Landscape

3.4.1 Market Positioning of Key Players, 2014

3.4.2 Competitive Strategies Adopted by Leading Players

3.5 Recommendations

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