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Health Business news
2017-09-20
e-Pharma Market Size Worth $109.2 Billion by 2025 | CAGR: 14.8%: Grand View Research, Inc.

e-Pharma Market Size Worth $109.2 Billion by 2025 | CAGR: 14.8%: Grand View Research, Inc.



SAN FRANCISCO, September 20, 2017 /PRNewswire/ --

The global e-pharma market is expected to reach USD 109.2 billion by 2025, according to a new report by Grand View Research, Inc. The market is primarily driven by constant increase in the number of internet users, improved access to web-based & online services, and rapid increase in aging population who find it difficult to visit pharmacies. Convenience, affordability, and ease in availability of medicines are fueling market growth.

     (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Increase in prevalence of chronic conditions and diseases across the globe is resulting in constant growth in demand for various drugs and healthcare products. High cost of treatment is indicating the need to reduce health care cost. Online pharmacies are gaining popularity owing to lucrative offers such as price discounts that result in cost savings. In addition, increase in adoption of e-prescriptions in hospitals and other healthcare facilities are further expected to boost growth.

High unmet needs of emerging economies is one of the key driving factors. Government initiatives, increase in investments, changing regulations, and increasing penetration of internet and broadband in urban as well as rural areas are contributing to the growth of the market. Many new players are entering the market as the healthcare sector is offering huge potential to the online health retailers due to the ever growing demand for healthcare products and services.

However, growth in illegal online pharmacies is restraining the growth. These illegitimate websites may offer counterfeit and unapproved drugs, which make people skeptical about purchasing medicines online.

Browse full research report with TOC on "e-Pharma Market Analysis By Region [North America (U.S., Canada), Europe (Germany, UK), Asia Pacific (Japan, China, India), Latin America (Brazil, Mexico)], And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/e-pharma-market

Further Key Findings From the Study Suggest:  North America held majority of the share in 2016 due to increase in online purchases, growing elderly population, and high adoption of IT in healthcare

The U.S. is the largest market in North America owing to the presence of various key players and a large tech-savvy population

Asia Pacific is expected to be the fastest growing segment due to the presence of emerging economies like China & India and improving infrastructure

Some of the key players are The Kroger Co., Walgreen Co.; Wal-Mart Stores, Inc.; CVS Health; Express Scripts Holding Company; Giant Eagle, Inc.; DocMorris (Zur Rose Group); Rowlands Pharmacy; and OptumRx, Inc. Browse related reports by Grand View Research:  MicroRNA Market - http://www.grandviewresearch.com/industry-analysis/microrna-market
Telemedicine Technology Market - http://www.grandviewresearch.com/industry-analysis/telemedicine-technology-market
High Content Screening Market - http://www.grandviewresearch.com/industry-analysis/high-content-screening-market
Spinal Non Fusion Technologies Market - http://www.grandviewresearch.com/industry-analysis/spinal-non-fusion-technologies-market Grand View Research has segmented the e-Pharma market on the basis of region: 

e-Pharma Regional Outlook (Revenue, USD Million, 2014 - 2025)  North America U.S.

Canada
Europe Germany

UK
Asia Pacific Japan

China

India
Latin America Brazil

Mexico
Middle East & Africa South Africa

Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/healthcare

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: 
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: http://www.grandviewresearch.com




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> Article Date par Grand View Research, Inc.

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