PUBLISHER: Lucintel | PRODUCT CODE: 1417821
PUBLISHER: Lucintel | PRODUCT CODE: 1417821
Pharma E-Commerce Trends and Forecast
The future of the global pharma e-commerce market looks promising with opportunities in the vaccines, specialty care, and topical medicines markets. The global pharma e-commerce market is expected to grow with a CAGR of 15.0% from 2024 to 2030. The major drivers for this market are technological progress, shifts in customer behavior, and the desire for convenient healthcare solutions and growing use of electronic prescriptions in hospitals and other healthcare settings.
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Pharma E-Commerce by Segment
The study includes a forecast for the global pharma e-commerce by product type, therapeutic areas, type, channel type, and region.
List of Pharma E-Commerce Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pharma e-commerce companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pharma e-commerce companies profiled in this report include-
Pharma E-Commerce Market Insights
Lucintel forecasts that over-the-counter is expected to witness highest growth over the forecast period due to over-the-counter products available on e-commerce platforms primarily target individual consumers seeking convenient access to medicines, nutritional supplements, and personal hygiene items.
Within this market, tropical medicines will remain the largest segment due to online pharmacies offer a diverse range of topical medications addressing various diseases and needs, including products for managing skin disorders and alleviating discomfort.
APAC is expected to witness highest growth over the forecast period due to ongoing innovations, extensive production, a sizable customer base, and increased foreign investments in nations like china, india, japan, vietnam, and south korea.
Features of the Global Pharma E-Commerce Market
Market Size Estimates: Pharma e-commerce market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pharma e-commerce market size by various segments, such as by product type, therapeutic areas, type, channel type, and region in terms of value ($B).
Regional Analysis: Pharma e-commerce market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, therapeutic areas, type, channel type, and regions for the pharma e-commerce market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pharma e-commerce market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for pharma e-commerce market?
Answer: The global pharma e-commerce market is expected to grow with a CAGR of 15.0% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the pharma e-commerce market?
Answer: The major drivers for this market are technological progress, shifts in customer behavior, and the desire for convenient healthcare solutions and growing use of electronic prescriptions in hospitals and other healthcare settings.
Q3. What are the major segments for pharma e-commerce market?
Answer: The future of the pharma e-commerce market looks promising with opportunities in the vaccines, specialty care, and topical medicines markets.
Q4. Who are the key pharma e-commerce market companies?
Answer: Some of the key pharma e-commerce companies are as follows.
Q5. Which pharma e-commerce market segment will be the largest in future?
Answer: Lucintel forecasts that over-the-counter is expected to witness highest growth over the forecast period due to over-the-counter products available on e-commerce platforms primarily target individual consumers seeking convenient access to medicines, nutritional supplements, and personal hygiene items.
Q6. In pharma e-commerce market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to ongoing innovations, extensive production, a sizable customer base, and increased foreign investments in nations like china, india, japan, vietnam, and south korea.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.