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Pulished Date April, 2021
ID: 9025
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Latin America ePharmacy/Online Pharmacy Market Research Report – Segmented By Product Type, Drug Type, Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, Growth, Forecast | 2021 to 2026

Pulished: April, 2021
ID: 9025
Pages: 100

Latin American ePharmacy Market Size (2021 to 2026)

The Latin American ePharmacy Market had decent growth recently and is predicted to continue the same trends during the forecast period. In Latin America, the market is esteemed to have a significant growth rate during the forecast period. The market is growing positively in Latin America due to its increasing prevalence of smartphones and tablets with a high-speed internet connection. Also, the market is escalated with the launch of various applications in favor of the end-user. Furthermore, the rise in awareness towards the convenient and easy way of purchasing is lucrative to surge the market's growth.

The rise in the scale of healthcare centers and their demand for electronic prescriptions is majorly boosting up this market's demand. Furthermore, increasing the utilization of the internet of things is an additional factor propelling the market's growth.

Growing capital income in both developed and developing countries is likely to bolster the demand of the market. In addition, the adoption of the latest technological developments such as cloud-based platforms is surging growth opportunities for the regional market.

However, the lack of standardization is quietly restraining the demand of the Latin American market. In addition, increased fraud activities also remained a challenging factor for market growth.

This research report on the Latin America ePharmacy Market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Skin Care
  • Cold And Flu
  • Vitamin
  • Dental Care
  • Weight Loss
  • Others

Based on the product type, the skincare segment had accounted for the largest share in the Latin American ePharmacy market in 2020 due to the governments' growing investments in online stores.

By Drug Type: 

  • Prescription Drugs
  • Over The Counter (OTC)

The prescription drug is predicted to rule the market based on drug type due to the rise in replacing traditional equipment with the latest ones during the forecast period.

By Country: 

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest Of Latin America

Regionally, the Brazilian ePharmacy market is predicted to lead the Latin American market during the forecast period. Growing Sales in Brazilian pharmacies are attracting investors. The rate of using ePharmacy is rising because of the mounting number of users of the internet.  People are purchasing more herbal products from various brands. In addition, people are buying skin and hair care products from ePharmacy because of the offers given by the online portals. More interest from the government is expected in the investments to build the market more. Also, the growing patient count will drive the ePharmacy market in Brazil.

In Mexico, pharmacy products are available 24*7; they receive orders on the phone and by email, making it people suitable to order. The Mexican ePharmacy market mostly offers high-quality medicine from the Canadian Ministry of Health. An easily available medicine, which can be delivered to people anytime, Mexican ePharmacy builds people's trust by providing good service it affects the sale. They have offered fewer taxes and fees for the prescription. As a result, the market size is increasing day by day. Mexico ePharmacy market expected more growth in the forecast period because of the increasing diseases and the aged population.

KEY MARKET PLAYERS:

A few of the notable companies leading the Latin America ePharmacy Market profiled in the report are Rowlands Pharmacy, OptumRx Inc, The Kroger Co., Walgreen Co., Wal-Mart Stores, Inc., CVS Health, Express Scripts Holding Company, Giant Eagle, Inc., and DocMorris (Zur Rose Group AG).

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Drug Type
      1. prescription drugs
      2. over the counter drugs
      3. Y-o-Y Growth Analysis, By Drug Type
      4. Market Attractiveness Analysis, By Drug Type
      5. Market Share Analysis, By Drug Type
    2. By Product Type
      1. skin care
      2. dental
      3. cold and flu
      4. vitamins
      5. weight loss
      6. others
      7. Y-o-Y Growth Analysis, By Product Type
      8. Market Attractiveness Analysis, By Product Type
      9. Market Share Analysis, By Product Type
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Drug Type
        3. By Product Type
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Drug Type
        3. By Product Type
      5. Market Share Analysis      
        1. By Geographical Area
        2. By Drug Type
        3. By Product Type
    2. Latin America
      1. Introduction
      2. Brazil
      3. Argentina
      4. Mexico
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Lloyds Pharmacy Ltd.
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Planter
    3. CVS Health
    4. Canada Drugs
    5. Medicate
    6. Express Scripts Holding Company
    7. Secure Medical Inc.
    8. Walmart Stores Inc.
    9. Sani care AB
    10. Walgreen Co.
    11. The Kroger Co.
    12. Doctors Rowlands Pharmacy
    13. Giant Eagle Inc.
    14. Optus Rx Inc.
  9. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  2. Latin America Skin Care Market By Region, From 2021 to 2026 (USD Billion)
  3. Latin America Dental Market By Region, From 2021 to 2026 (USD Billion)
  4. Latin America Cold And Flu Market By Region, From 2021 to 2026 (USD Billion)
  5. Latin America Vitamins Market By Region, From 2021 to 2026 (USD Billion)
  6. Latin America Weight Loss Market By Region, From 2021 to 2026 (USD Billion)
  7. Latin America Others Market By Region, From 2021 to 2026 (USD Billion)
  8. Brazil ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  9. Argentina ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  10. Mexico ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  11. Rest of Latin America ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)

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