North America E-pharmacy Market, by Product Type (Prescription (Rx) and Over-the-counter) and by Country (U.S and Canada) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

North America E-pharmacy Market, by Product Type (Prescription (Rx) and Over-the-counter) and by Country (U.S and Canada) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

E-pharmacy, also known as electronic pharmacy or internet pharmacy, is an online retail platform that acts as an intermediary between customers and the vendors to enable the sales of medicines. It offers round-the-clock delivery of drugs, access to comprehensive information on prescribed drugs, and transparency in prices. Patients need not physically visit the pharmacies to receive their medication, but can instead order the drugs online.
E-pharmacy deals with sales and distribution of pharmaceutical and medical products through online channels. E-pharmacy involves use of information, communication, and technology in medical products, and services. Any pharmacy can become an e-pharmacy, as long as it has computerized services, active internet connection, and a working detailed website. Pharmacies can offer their products and services through online website to its customers.
Market Dynamics
Increasing adoption of internet is expected to propel growth of the North America e-pharmacy market over the forecast period. For instance, according to Pew Research Center, the percentage of households with broadband connection in the U.S. increased from 68% in January 2018 to 77% in February 2021.
Increasing consumer spending on healthcare and personal care products is expected to drive growth of the North America e-pharmacy market in the region. According to the U.S. National Health Expenditures 2016 highlights, the U.S. health care spending was US$ 3.3 trillion, accounting to an average spending of around US$ 10,348 per person in 2016. Moreover, overall share of gross domestic product (GDP) related to healthcare spending increased to 17.9 % in 2016 from 17.7 % in 2015.
Key features of the study:
This report provides in-depth analysis of the North America e-pharmacy market, market size (US$ mn), and compound annual growth rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players.
It profiles key players in the North America e-pharmacy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include CVS Caremark, Zur Rose Group AG, PlanetRX.com Inc., Walgreen Company, Familymeds, Inc, Medisave, The Kroger Co., Cigna, Optum Rx, Inc, and Giant Eagle
Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The North America e-pharmacy market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for Infertility drugs and devices market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:
North America E-pharmacy Market, By Product Type:
Prescription
Over-the-counter
North America E-pharmacy Market, By Country:
U.S.
Canada
Company Profiles
CVS Health*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Zur Rose Group AG
PlanetRX.com
Walgreen Company
Familymeds, Inc
Medisave,
The Kroger Co.
Cigna
Optum Rx, Inc
Giant Eagle
“*” marked represents similar segmentation in other categories in the respective section. Show more