You are here
Global e-Pharma Market - by Mode of Sale, and Region - Market Size, Demand Forecasts, Industry Trends and Updates (2018 - 2025)
E-Pharma Market - Segmented by Mode of Sale, and Region | Market Size, Growth, Drivers, Trends, Industry Structure and Forecasts, Competitive Intelligence, Company Profiles | MarkGenes
Advancement of e-commerce appreciably opened an arena to market most of the products, which can reach almost everybody. An online pharmacy is an Internet-based purveyor of prescription drugs, and the term encloses both legitimate and illegitimate pharmacies. Online pharmacy is one among the products, which are about to create a mammoth demand in upcoming days. The sale of medicines outside the regular retail pharmacy is not new. It has just proliferated in this Internet age.
The global e-Pharma market is 33.6 billion USD in 2018 and is forecasted to reach 85.11 billion USD by 2025 at a CAGR of 14.2% for the period.
Growth by Region
North America holds the major share in the Global e-Pharma market. Asia-Pacific, especially India, is the fastest growing market. US, Canada, China, India, Japan and Australia are main countries operating in this industry.
Drivers vs. Constraints
Increasing ingestion of medicines around the globe, maturing population, increasing rate of approvals, acquisition of novel manufacturing technologies, increasing demand for common drugs, the vigorous pipeline of drugs and increasing number of patient deceased are some of the factors intensifying the growth of this industry. Availability of skilled workforce and lower labor costs are some of the factors impelling the rapid growth of Asia-Pacific market. On the other hand, increasing number of unapproved and counterfeit drug sales through online is a challenge to this industry.
Make An Enquiry @ https://markgenes.com/industry-reports/healthcare/Global-e-Pharma-Market
Industry Structure and Updates
Several firms have gained contract service providers to achieve vertical unification. Incorporation and Procurements are also one of the key strategies being embraced by various companies.Pharma companies are also turning to contract packaging companies for novel packaging solutions. Also, there is a transformation from vertical unification to an ecosystem of coordinated suppliers by major players.
Browse other Healthcare reports at: https://markgenes.com/industry-reports/healthcare
MarkGenes Business Consulting
2nd Floor, Aditya Enclave,
Hyderabad - 500033
MarkGenes is a Market Intelligence and Business Consulting firm with Market Research as its core combining unparalleled experience, comprehensive capabilities across all industries and business functions while putting together the teams with strong functional knowledge and technical expertise.
Syndicate Research Reports
Our syndicated market research reports provide detailed coverage and market intelligence on categories of various industries. These reports are focused for broader industry audience for market traction. Latest happenings are tracked by our category specialists and are updated / modified every year, these updates are sent to the purchased client on a quarterly basis till one year of purchase.
Customized Research Reports
Our customized market research reports are a requirement from a specific client which focus on a specific agenda. Our industry contacts with experts, coupled with internal category specialists ensure that the requirement is fulfilled. Our quick turnaround time means the client will have enough buffer time to take understand and take necessary actions.