The e-pharma market is projected to witness a compounded annual growth rate of 15.51%, growing to US$133.369 billion by 2030 from US$64.870 billion in 2025.
An e-pharmacy, or online pharmacy, is a platform that enables customers to buy medications and healthcare products via the internet. Typically, these platforms allow users to browse a virtual catalog, select items to add to their cart, and securely pay online, with products delivered directly to their homes. E-pharmacies facilitate the ordering of both prescription and over-the-counter medications and may even provide options for obtaining prescriptions without a doctor's consultation. They often include features such as refill reminders, consultations, discounts, and loyalty programs, contributing to their growing popularity as alternatives to traditional pharmacies. The rise in unhealthy dietary habits and behavioral risk factors like alcohol and tobacco use is likely to increase disease incidence, further propelling the e-pharmacy sector. Additionally, the widespread availability of the internet enhances accessibility, which is expected to drive market growth during the forecast period and beyond.
Drivers of the E-Pharma Market:
An e-pharmacy, or online pharmacy, is a platform that enables customers to buy medications and healthcare products via the internet. Typically, these platforms allow users to browse a virtual catalog, select items to add to their cart, and securely pay online, with products delivered directly to their homes. E-pharmacies facilitate the ordering of both prescription and over-the-counter medications and may even provide options for obtaining prescriptions without a doctor's consultation. They often include features such as refill reminders, consultations, discounts, and loyalty programs, contributing to their growing popularity as alternatives to traditional pharmacies. The rise in unhealthy dietary habits and behavioral risk factors like alcohol and tobacco use is likely to increase disease incidence, further propelling the e-pharmacy sector. Additionally, the widespread availability of the internet enhances accessibility, which is expected to drive market growth during the forecast period and beyond.
Drivers of the E-Pharma Market:
- Investment and Innovation: Increased investment and innovation are significant driving forces in the e-pharmacy market. Technologies like AI and machine learning are enhancing medication recommendations and drug interaction detection, while blockchain technology ensures transparency in supply chains and medication authenticity. The integration of automated platforms with telemedicine is facilitating seamless consultations and prescription refills.
- Logistics Improvements: Advancements in logistics through drones and robots are improving delivery efficiency, especially in remote areas. Cold chain management ensures that temperature-sensitive medications are delivered appropriately. E-pharmacies are also exploring personalized medicine programs tailored to individual patient needs, which can reduce medication errors.
- Policy Measures: New policy measures promoting transparency in pharmaceutical transactions are boosting the e-pharmacy market. Major players investing in same-day delivery services could elevate e-pharmacies significantly, particularly for consumers needing urgent access to medications or those unable to visit traditional pharmacies.
- Amazon's Expansion: Amazon's plan to extend its same-day delivery service across nearly half of the U.S. by 2025 is expected to enhance competition in the e-pharmacy market while improving consumer convenience and affordability.
Geographical Outlook of the E-Pharma Market:
- Europe's Market Share: Europe is projected to hold a substantial share of the e-pharmacy market due to its established e-commerce infrastructure, regulatory frameworks, and an aging population. High internet penetration rates, particularly via mobile devices, facilitate online pharmacy development. The growing healthcare needs of older adults make e-pharmacies an attractive option for easy access to medications. Leading European e-pharmacies include DocMorris, Redcare Pharmacy, and Atida Santé Discount.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The E-pharma Market has been segmented as following:
- By Drug Types
- Over-the-counter (OTC) drugs
- Prescription drugs
- By Application
- Cold and flu
- Dental
- Dermatology
- Nutrition
- Weight management
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Taiwan
- Thailand
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. E-PHARMA MARKET BY DRUG TYPES
6. E-PHARMA MARKET BY APPLICATION
7. E-PHARMA MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- 1mg
- Canada Health Infoway
- Express Scripts Holding Company
- Giant Eagle, Inc.
- The Kroger Co.
- Netmeds Marketplace Ltd.
- OptumRx, Inc.
- Rowlands Pharmacy
- Walgreen Co.
- Amazon Pharmacy
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 131 |
Published | January 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 64.87 Billion |
Forecasted Market Value ( USD | $ 133.37 Billion |
Compound Annual Growth Rate | 15.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |