Increasing internet penetration in the developed as well as developing economies and growing geriatric population are the major drivers which are likely to anticipate the growth of Epharmacy Market. Tech savvy consumers and increasing interest on online shopping is providing new opportunities for this market in the coming years.
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The ePharmacy market is segmented based on age group as, Below 35 Years, 35 to 54 Years, and 55 to 74 Years. The ePharmacy market by type of drugs is categorized into prescription medicine, and over the counter drugs. Based on the mode of use the market can be segmented into mobile applications, and webpage based.
The key players influencing the market are Walgreen Co., CVS Health, Wal-Mart Stores, Inc., OptumRx, Inc., The Kroger Co., Giant Eagle, Inc., DocMorris (Zur Rose Group AG), Rowlands Pharmacy, Express Scripts Holding Company and Eurapon Pharmahandel GmbH among others.
North America is expected to dominate the ePharmacy market in the global arena due to high rates of internet penetration, computer/smartphone usage, computer literacy, health consciousness and purchasing power. However, Asia Pacific region is anticipated to witness high growth rate during the forecast period, owing to increasing internet usage and rising preference for online purchases.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides market size and forecast till 2027 for overall in ePharmacy market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
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, Research Newswire, English