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E-pharmacy Market Share

  • Report ID: GMI3303
  • Published Date: Mar 2023
  • Report Format: PDF

E-pharmacy Market Share

Prominent enterprises in the e-pharmacy market include :

  • Walmart Inc.
  • The Kroger Co.
  • Express Scripts Holdings (Cigna Corporation)
  • CVS Health
  • MedsEngage
  • Optum Rx (UnitedHealth Group Incorporated)
  • Giant Eagle, Inc.
  • Walgreens Boots Alliance
  • Rite Aid Corp.
  • Amazon, Inc.
  • Alto Pharmacy
  •  Capsule Corporation.
     

These companies have been actively working toward leveraging novel technologies and rolling out new innovations to gain a competitive edge over others. For instance, in January 2023, Optum Rx pharmacy services company of UnitedHealth Group launched the Price Edge tool that helps the consumer to get the prescription drug at an affordable price. This tool compares available direct-to-consumer pricing for traditional generic drugs with insurance pricing. The introduction of such tools helped the company to strengthen its customer base.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market size for E-pharmacy was worth over USD 98.8 billion in 2022 and is estimated to observe over 14.5% CAGR from 2023 to 2032, attributed to the increasing internet usage and rapid growth in the adoption of digital services worldwide.

E-pharmacy market share from the OTC products segment is primed to exhibit over 13.5% CAGR between 2023 and 2032, given the widespread usage of OTC products in primary care due to their improved efficacy and safety.

North America e-pharmacy industry is predicted to record a valuation of over USD 138.9 billion by 2032, owing to the flourishing digital landscape and rapid expansion of local and online pharmacy networks across the region.

Notable players in the e-pharmacy buiness include Walmart Inc., The Kroger Co., Express Scripts Holdings (Cigna Corporation), CVS Health, MedsEngage, Optum Rx (UnitedHealth Group Incorporated), Giant Eagle, Inc., Walgreens Boots Alliance, Rite Aid Corp., Amazon, Inc., Alto Pharmacy, and Capsule Corporation.

E-pharmacy Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 116
  • Countries covered: 31
  • Pages: 180
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