ePharmacies Market Trends 2014 To 2020 by Grand View Research, Inc.
Post on 16-Jul-2015
ePharmacies market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies and
Forecasts, 2014 to 2020.
ePharmacies market is expected to witness lucrative growth over the forecast
period owing to increasing use of internet and active online presence. Rising
number of tech-savvy people, easy accessibility and drugs availability round the
clock are the high impact rendering drivers of this market. Continuous innovation
in technology and huge investment in R&D resulted in development of many drugs
discovery. Globalization and free trade have created a huge opportunity to cover
the idle market.
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On the basis of application both the sub-segments (IT software and supply chain
management) have equal chances to show significant growth in over the forecast
period due to their complementary and interdependent nature. IT software is used
to procure order and keep the track of drug delivery to the customer whereas
supply chain management (SCM) is used to integrate all the market intermediaries
available in the delivery channel. Regionally, North America dominates the entire
ePharmacies market and it is expected to continue its lead in the next six years
owing to technological competitiveness and significant internet usage rate.
In 2014, North American region was the largest revenue generator in the
epharmacy market due to its rising internet usage rate and active online presence.
Asia Pacific region is anticipated to show a lucrative growth over the forecast
period owing to shifting of people mindsets from virtual purchasing to net based
purchasing and increasing personal disposable income.
The key players of epharmacies market are Domzdrowin.pl SA,
CanadaDrugs.com, Lloyds Pharmacy Ltd., CVS Caremark, Doc Morris,
CanAmerica Drugs, Inc., MediSave, Drugstore.com Inc, Rowlands Pharmacy, The
SANICARE Group, PlantRx.com and Walgreen Co.
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The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
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