We are monitoring the impact of COVID-19 on North America ePharmacy Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 9022
Share on
Share on

North America ePharmacy Market (Online Pharmacy Market) Research Report – Segmented By Product Type, By Drug Type, By Country (the United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends, Growth, Forecast (2021 to 2026)

Pulished: April, 2021
ID: 9022
Pages: 100

North American ePharmacy Market Size (2021 to 2026)

The ePharmacy Market size in the North American region is expected to grow at a steady rate from 2021 to 2026 and accounted for a market share of 43.4% in the global market.

ePharmacies deliver medicines through mail or shipping companies. ePharmacies have to follow some rules and regulations to get a license in the home country. This application will also provide a tracking system for the customer to know the delivery time's details. These companies are reliable and provide convenience for users. They also offer medications at affordable prices while they only sell drugs with a prescription for some orders. The North American e-pharmacy market is expected to grow at a constant rate during the forecast period.  

Increasing incidences of various health disorders and shifting trends towards modern techniques in the medical sector are major factors fueling the market demand. The rise in the prevalence of e-commerce in every platform is accelerating the growth of the regional market.

The growing utilization of smartphones and the emergence of the internet of things (IoT) in every aspect are likely to bolster the market demand in North America. Growth opportunities for the market lie in the increasing demand for digital technologies.

However, the rise in the pharmacies that are not licensed and increased delivery of expired drugs is quietly hampering the market demand. Lack of standardization is also to restrict the demand of the market.

ePharmacy market in the U.S.

epharmacy is the internet-based pharmacy that delivers the medicine through shipping to the customers or patients. The United States epharmacy is the largest leading market in North America. United States has a high penetration market of the internet due to the well-developed infrastructure of IT companies. The US is the head regulatory body of food and drug administration. The US focuses on the rules and regulations of the e-pharmacy market.

The United States is one of the top countries to adopt ePharmacy with excellent infrastructure. The rise in the number of people suffering from COVID-19 is escalating the demand of the market. Stringent rules and regulations by the United States government are also factors that boost the demand of the market. The rise in disposable income in urban areas is elevating the demand of the market. Growing support for ePharmacy in developed and developing countries is greatly influencing the growth rate of the market. Besides, the rising geriatric population is enhancing the growth rate of the market. 

More than 80 % of the United States population are connected to e-pharmacy. The e-pharmacy allows doctors to prescribe medicines by the online platform. The US e-pharmacy offers medicines at low or affordable prices. In pandemic situations like COVID-19, the e-pharmacy market has the highest growth rate.

Canadian ePharmacy Market

Companies in Canada are holding the largest market share in Pharmacies & Drug stores. The adoption of eCommerce is increasing, which is boosting the sale of pharmaceuticals. The existence of well-developed players in the market and the increasing need for pharmaceuticals are driving the growth of this market. The old-age population and baby boomers are also the reason for the rise in the market's growth. The Canadian online portal does not demand any extra fees or taxes on the prescriptions, which attract the users so far. Canadian Online pharmacy offers a complete set of prescriptions and OTC drugs directly to the patients.  

In Canada, the government regulates the prescribed drugs' price so people can save hundreds of dollars per year by ordering drugs from Canadian online pharmacies. They are building the customers' trust by placing the medicine orders reviewed by fully licensed pharmacists and fully licensed physicians. To maximize the customers' savings, Canadian pharmacies offer generic prescription drugs and offer Free Prescription drug Services. All the above factors are responsible for the mounting growth of the e-Pharmacy in Canada.

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

By Product Type: 

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

By Drug Type: 

  • Prescription Drugs
  • Over The Counter (OTC)

By Country: 

  • The United States
  • Canada
  • Rest Of North America

Regionally, the global market is led North America by the emergence of the latest technology and the introduction of various features for the existing applications. Besides, the growing penetration of the internet of things is merely leveraging the demand of the market. Implementation of the cloud-based platform in almost every application, especially in the medical sector, is prompting the market's demand.

Some of the noteworthy players operating in the North American ePharmacy Market profiled in the report are Lloyds Pharmacy Ltd., PlanetRx, CVS Health, Medisave, Express Scripts Holding Company, com Inc., Sanicare AB, Optum Rx, Inc., DocMorris, and Rowlands Pharmacy.

  1. Introdution
    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. North America
      1. Introduction
      2. US
      3. Canada
  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. com Inc.
    10. Sani care AB
    11. Walgreen Co.
    12. The Kroger Co.
    13. Doctors Rowlands Pharmacy
    14. Giant Eagle Inc.
    15. 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. North America ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  2. North America Skin Care Market By Region, From 2021 to 2026 (USD Billion)
  3. North America Dental Market By Region, From 2021 to 2026 (USD Billion)
  4. North America Cold And Flu Market By Region, From 2021 to 2026 (USD Billion)
  5. North America Vitamins Market By Region, From 2021 to 2026 (USD Billion)
  6. North America Weight Loss Market By Region, From 2021 to 2026 (USD Billion)
  7. North America Others Market By Region, From 2021 to 2026 (USD Billion)
  8. The United States ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)
  9. Canada ePharmacy/Online Pharmacy Market By Product, From 2021 to 2026 (USD Billion)

Please wait. . . . Your request is being processed

Related Reports

LICENCE TYPE

$ 1234 3335

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample