Pharma E-commerce Market to Grow at 22.37% During 2021-2028 Period, as Disabilities, and E-Pharmacies Soar

The pharma e-commerce market will likely grow at 22.37% CAGR during the 2021-2028 period. The growing demand for convenience, high penetration of mobile connectivity, and growing demand for prescription-based service to cater to a rising sedentary lifestyle will drive major growth for the pharma e-commerce market. Furthermore, rising incidences of illnesses like chronic diseases, disabilities, and sexual health will also spell new avenues for growth in the conventional pharmacy sector during 2021-2028 period.

Disabilities and Closure of Rural Pharmacies to Drive Growth

The growing incidences of disabilities in key regions like North America, and soaring number of e-pharmacies have led to major expansion in the pharma e-commerce market globally. According to the Centre for Disease Control and Prevention, between 2009-2011 and 2015-2017, number of disabilities in children aged 3-17 soared tremendously. CDC reported that 17% children were reported by parents. This number amounts to 1 in 6 children diagnosed with autism, and other developmental disabilities. Moreover, the CDC also reported that children in rural areas were more likely to be diagnosed with a developmental disability as compared to their counterparts in urban areas. The disability is also common among adult population, wherein the CDC estimates that 61 million or 1 in 4 adults are diagnosed with disabilities. Among these, nearly 14% are diagnosed with limited mobility, 11% with cognition, 6.8% with independent living, 5.9% with deafness, 4.6% with vision, and 3.7% with self-care. Furthermore, people with disabilities also live with co-morbidities like heart disease, diabetes, obesity, among others. This has become a major concern for healthcare agencies like the CDC, which encourages expansion of e-pharmacies catering to rural areas to meeting growing need for patients.

Get Sample Report: https://crediblemarkets.com/sample-request/global-pharma-e-commerce-market-80901

Key players in the global Pharma E-commerce market covered in Chapter 13:

UK Meds Direct Ltd.

Walgreens Boots Alliance

SHOP APOTHEKE EUROPE

myCARE e.K.

McKesson Corp.

Mail.Ru Group

LloydsPharmacy

Euro Apotheke K. Talu eK

apo-rot BV

ROSSMANN

Zur Rose Suisse

In Chapter 6, on the basis of types, the Pharma E-commerce market from 2015 to 2025 is primarily split into:

Rx

OTC

In Chapter 7, on the basis of applications, the Pharma E-commerce market from 2015 to 2025 covers:

Hospital

Pharmacy

Others

Market segment by Region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Purchase Report: https://crediblemarkets.com/reports/purchase/global-pharma-e-commerce-market-80901?utf8=%E2%9C%93&license_type=single_user

About US

Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.

Contact Us:

Credible Markets Analytics

99 Wall Street 2124 New York, NY 10005

Contact No: +1(929)-450-2887

Email: [email protected]

 

Leave a Comment

%d bloggers like this: