Dublin, Feb. 14, 2025 (GLOBE NEWSWIRE) -- The "E-Pharma Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering.
The e-pharma market is undergoing remarkable expansion and is expected to surge at a compounded annual growth rate of 15.51%, achieving a market size of US$133.369 billion by the year 2030. This notable growth trajectory, starting from a valuation of US$64.870 billion in 2025, is indicative of the increasing reliance on digital platforms for healthcare needs and the convenience of purchasing medication online.
Key Market Drivers
The e-pharma industry's growth is spearheaded by technological advancements, improvements in logistics, and evolving policy measures. Investments and innovations in artificial intelligence, machine learning, and blockchain technology are revolutionizing how medications are recommended, interactions are detected, and authenticity is ensured. In the logistics domain, the use of drones and robots for efficient delivery alongside effective cold chain management is reducing the time it takes for medications to reach consumers, especially in remote locations. Furthermore, policy changes that encourage transparency in pharmaceutical transactions are also contributing to the industry's growth.
Geographical Market Insights
Europe is expected to maintain a solid position within the e-pharma market due to its robust e-commerce infrastructure, well-defined regulatory frameworks, and an aging populace. With high internet penetration rates, Europe represents a strong potential for further development in the area of e-pharmacies. Coupled with the NHS's digital initiatives in the UK, there is a trend towards the digital management of healthcare, thus contributing to the e-pharma market growth.
Impact on Stakeholders and the Competitive Landscape
The growth of the e-pharma market not only impacts consumers but also presents significant opportunities for key stakeholders in the healthcare and pharmaceutical industries. As major organizations compete to offer the best services, including same-day delivery options, the market is witnessing an enhancement in consumer convenience and affordability. The competitive landscape is being reshaped with each strategic move by the market participants, driving forward market developments and shaping future trends.
E-Pharma Market Segmentation
The e-pharma market has a broad segmentation by drug types, application, and geography, encompassing over-the-counter (OTC) drugs, prescription drugs, and various applications from dental care to nutrition and dermatology, across significant regions of the world. Each segment contributes to a comprehensive understanding of the market growth and the factors driving demand within specific sectors and geographic locations.
Conclusion
The anticipated expansion of the e-pharma market is representative of a broader trend towards increased digital engagement in the healthcare sector. This reflects the evolving consumer behaviors, advancements in technology, and the need for efficient pharmaceutical services. As the market continues to evolve, it promises to offer substantial benefits to consumers while fostering innovation and competitiveness within the industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 131 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $64.87 Billion |
| Forecasted Market Value (USD) by 2030 | $133.37 Billion |
| Compound Annual Growth Rate | 15.5% |
| Regions Covered | Global |
Companies Featured
- 1mg
- Canada Health Infoway
- Express Scripts Holding Company
- Giant Eagle, Inc.
- The Kroger Co.
- Netmeds Marketplace Ltd.
- OptumRx, Inc.
- Rowlands Pharmacy
- Walgreen Co.
- Amazon Pharmacy
For more information about this report visit https://www.researchandmarkets.com/r/kksjaa
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