1 / 8

E-Prescribing Market Size, Share, Outlook, and Opportunity Analysis, 2018-2026

u201cCoherent Market Insights u201cE-PRESCRIBING MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033

SANJAYCMI
Download Presentation

E-Prescribing Market Size, Share, Outlook, and Opportunity Analysis, 2018-2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. E-PRESCRIBING MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION E-Prescribing Market- Overview Global E-pharmacy Market, by Drug class (OTC Drugs and Prescription Drugs) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 31.5 Bn in 2016 and is expected to exhibit a CAGR of 16.5% over the forecast period (2017-2025). The increasing investments and funding by key players are the factors that are expected to drive growth of the market over the forecast period. For instance, in 2017, Medlife, an India- based e-pharmacy company, invested US$ 30 million to support and enhance its e-pharmacy business. Similarly, in 2017, Medsonway Solutions Pvt. Ltd, an India-based online pharmacy company, raised US$ 600,000 from RPG Ventures. The company will utilize this funding to expand its business across India. Furthermore, in 2017, 1mg, an India-based online pharmacy company received US$ 15 Mn funding in Series C round. In addition, Zur Rose AG, a Switzerland-based online pharmacy company, launched its initial public offering (IPO), in 2017. Moreover, some players in the market are focusing adopting inorganic growth strategies such as acquisitions. For instance, 1mg, an online pharmacy company acquired an India-based company, Medd, in 2016. Under this strategic acquisition, 1mg enhanced its offerings by providing diagnostic services to its customers. 1mg customers can book and appoint home sample collection and receive test results online. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/e- prescribing-market-2636 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Moreover, prohibiting sale of illegal drugs online is a major concern of regulatory bodies present in key regions such as North America, Europe, and Asia Pacific. For instance, Food and Drug Administration (FDA) prohibited the import of prescription drugs and declared it as illegal in the U.S. Hence, all online pharmacies need to be physically located in the country. Furthermore, e-pharmacy companies need to be licensed at the state-level. However, it does not need physical presence in state, but it is important to get license, if the company wants to deliver its products in a particular state. Additionally, in 2012, FDA launched BeSafeRx campaign to increase awareness of the risks of buying prescription medicines from fake online pharmacies, among populace. Moreover, European Union (EU) has introduced a common logo for legally operating online pharmacies/retailers in EU countries. In June 2014, EU adopted the new common logo policy. According to the policy, all the online pharmacy legally operating in EU need to display logo on their website, and by clicking on this logo, a consumer can see if the website is registered on European Medicines Agency (EMA) national list. The key objective of this logo is to forbid sales on any kind of drugs through illegal distribution channel. Furthermore, Ministry of Health and Family Welfare (MoHFW) of India, in March 2017, proposed that an electronic platform will be developed where stakeholders in the pharmaceutical supply chain such as retail shop, e-pharmacy chain have to register itself and to enter all details of the medicines received, sold, returned to the manufacturer or disposed. Request a Sample copy of this reports :https://www.coherentmarketinsights.com/insight/request-sample/2636 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION • Key Takeaways of the global E-pharmacy market: •The global e-pharmacy market is expected to exhibit a CAGR of 16.5% over the forecast period (2017-2025), attributed to increasing investments by key players to scale up their E-pharmacy business •Among regions, North America is expected to hold dominant position in the global e- pharmacy market over the forecast period (2017-2025). This is attributed to presence of major players in the region such as Kroger Co., Walgreen Co., and CVS Health who supply online medications in the region. •Moreover, Asia Pacific is expected to exhibit significant growth over the forecast period, owing to increasing number of e-pharmacy startups in its economies such as India, which are aiming to expand their e-pharmacy business across India. For instance, startups such as 1mg, Myra Medicines, EasyMedico, PharmEasy, and Netmeds has gain significant foothold in India e-pharmacy market, in the recent past. •Key players operating in the e-pharmacy market include The Kroger Co., The Walgreen Company, Express Scripts Holding Company, CVS Health, Zur Rose Group AG, Giant Eagle, Inc., Walmart Stores, Inc., OptumRx Inc., 1mg, and Netmeds. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/2636 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

More Related