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Improving Internet Access Facilitating Online Drug Sales, Driving ePharmacy Market at 12.3% CAGR: Transparency Market Research- The factor of convenience in online purchase of drugs contributing massively to the growing popularity of e-Pharmacies - North America to ride the wave of high internet penetration of about 88% over the forecast period ALBANY, New York, Feb. 27, 2020 /PRNewswire/ -- Some of the most significant factors of growth in the global ePharmacy market over the forecast period are increase in internet penetration, use of mobile apps, and easy availability of medicines at the convenience of a click. Increase in adoption of e-prescriptions is also underlying growth in ePharmacy market over the forecast period.  As per Transparency Market Research, "The global ePharmacy Market is set to grow at a Compound Annual Growth Rate of 12.3% from 2019 to 2027, reaching market valuation of USD 158.2 bn. by the end of the period. The growth is attributable to a growing preference for buying medicines, both prescription and over-the-counter, online. As people experience hectic work schedules and increasingly rely on mobile apps for a number of everyday needs, the convenience of having medicines delivered at the doorstep gains massive popularity." Key Findings of the ePharmacy Market Study
Explore 58 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on global ePharmacy market by Geography - North America, Europe, Asia Pacific, Middle East and Africa, Latin America. Read Detailed TOC of the Report - https://www.transparencymarketresearch.com/report-toc/397 ePharmacy Market: Key Driving Factors A number of factors are underlying growth of global ePharmacy market over the forecast period, states Transparency Market Research. The most prominent ones among them are outlined below:
Key Impediments for ePharmacy Market Players Despite a positive projection of growth for the global ePharmacy market, certain factors hamper growth, restraining the market from reaching its real potential. One major factor is presence of ePharmacies that are illegitimate. In the year 2015, NABP marked some 10,668 online pharmacies as 'Not Recommended'. This puts the patients at risk of contaminated or counterfeit medicines. Download a PDF Brochure of Report https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=397 ePharmacy Market: Region-wise Analysis
Analyze ePharmacy market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study Competition Landscape The global ePharmacy market is a vendor landscape that is both fragmented and competitive. Some of the significant players that are leading growth in the market and are also profiled in the market report by Transparency Market Research include Walgreens Boots Alliance, Inc., Wal-Mart Stores, Inc., CVS Health, Dr. Fox Pharmacy, DocMorris N.V., Rowlands Pharmacy, PlanetRX.com Inc., Online Drugstore, Well Pharmacy, and Lloyds Pharmacy among others. Some of the strategic moves the players resort to in order to gain a competitive edge include mergers and acquisitions, and partnerships and collaborations. Synergistic alliances often lead to better market penetration, combining of resources, and better market position. Technology also plays an important role in the growth of global ePharmacy market. Purchase this report - https://www.transparencymarketresearch.com/checkout.php?rep_id=397<ype=S Transparency Market Research has segmented the global ePharmacy market report based on region. Global ePharmacy Market, by Region
Explore Transparency Market Research's award-winning coverage of the global Healthcare industry: Telehealth Market - The global telehealth market is anticipated to expand at a CAGR of 13.0% within the forecast period of 2017 to 2025. Previously the market was valued at US$ 6.0 bn as of the 2016 records. The rising number of chronic diseases and their concern is presumed to expand the growth of the global telehealth market during the forecast period. Pharmaceutical Excipients Market - Treatment of rare diseases and need for better functioning excipients are some of the key drivers for the pharmaceutical excipients market. Strict regulations by the FDA in the U.S. has given rise to the concept of 'novel excipient' that has been newly formulated and not included in earlier-approved drugs. As such, the pharmaceutical excipients market in North America is anticipated for aggressive growth during the forecast period. The global market volume is estimated to reach a production of ~3,155,500 tons by 2027. Radiopharmaceutical Market - the global radiopharmaceutical market was valued at US$ 3.6 Bn in 2018 and is projected to expand at a CAGR of ~4% from 2019 to 2027. Some of the factors driving the radiopharmaceutical market are expansion activities of key radiopharma players; applications in clinical trials; and increase in aging population, pipeline assessment of new drugs, and disease indication mortality. Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions. About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision." Contact: Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg 
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