Online Pharmacy Market - Competitive Portfolio, Market Share, Business Strategy, and Developments, 2023 - 2032
The global online pharmacy market size was estimated at USD 51.5 billion in 2021 and is anticipated to expand at a CAGR of 16% between 2023 to 2032.
Online medicine refers to the sale of pharmacy products to consumer at door step by using an online platform. The key factors driving growth of the global online pharmacy market are increasing investment from private players and government support through key initiatives to develop online infrastructure.
The global online pharmacy market is fragmented in domestic markets with large number of players operational in different regions across the globe. The market is significantly lucrative in economies such as the U.S., the UK, Germany, Australia and New Zealand among others whereas emerging economies such as India, and Brazil are expected to gain maximum share in the coming years.
The report titled “Global Online Pharmacy Market - Competitive Portfolio, Market Share, Business Strategy, and Developments, 2023 - 2032” offers strategic visions into competitive landscape of the global online pharmacy market. The report would offer company overview for each leading player active in the global online pharmacy market while considering parameters namely global sales network, employee strength, key executives, listing on the stock exchange, subsidiaries, R&D activities, and manufacturing portfolio. For instance, in 2017, Zur Rose AG, a Switzerland-based online pharmacy company, launched its initial public offering (IPO). The company’s shares are currently traded on the SIX Swiss Exchange.
The report also covers business segment analysis which would enlist all the business segments of the company and would further identify the placement of online pharmacy segment in the company’s overall portfolio. Furthermore, online pharmacy segment share in the total company business would also be highlighted. For instance, Pharmacy2U Limited operates through four business segments namely NHS Prescriptions, Online Doctor, Pharmacy, and Private Prescriptions.
Online medicines are sold and marketed through pharmacy segment that occupied majority share in the overall sales revenue. The report also covers key competitive information such as product portfolio and recent developments for all online pharmacy producers. Product portfolio encompasses all the available products under the online pharmacy business segment.
The product details would include product name, specifications, commercial production date, and technology utilized in its production. Whereas, recent development section provides details into the latest development activities of the company. This section highlights developments such as product/technology expansion, acquisition, new product launches, geographical expansion, partnerships, alliances, and new investments into online pharmacy products.
For instance, in 2017, Zur Rose AG, a Switzerland-based online pharmacy company, invested US$ 237 million to expand its business in Germany. Key players in the global online pharmacy market are strongly focusing on majorly investing to scale-up their online pharmacy business, which is projected to drive growth of the global online pharmacy market in the near future.
The key players active in the global online pharmacy market include Well.ca, The Kroger Co., The Walgreen Company, Express Scripts Holding Company, CVS Health, Zur Rose Group AG, Giant Eagle, Inc., Pharmacy2U Limited , Walmart Stores, Inc., OptumRx Inc., 1mg, and Netmeds.
Market Segmentations:
By Drug Type
- Prescription drugs
- Over the Counter (OTC) drugs
By Application
- Skin care
- Dental
- Vitamins
- Cold and Flu
- Weight loss
- Others
By Geography:
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Oncology Nutrition Market
- Global Oncology Nutrition Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Ecosystem Analysis
- Global Oncology Nutrition Market Analysis and Forecast, by Cancer Type
- Overview and definitions
- Key segment analysis
- Global Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Esophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- Global Oncology Nutrition Market Analysis and Forecast, by Nutrition Type
- Overview and definitions
- Key segment analysis
- Global Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- Global Oncology Nutrition Market Analysis and Forecast, by Sales Channel
- Overview and definitions
- Key segment analysis
- Global Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Global Oncology Nutrition Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Oncology Nutrition Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Oncology Nutrition Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Esophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- North America Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- North America Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- North America Oncology Nutrition Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Oncology Nutrition Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Oesophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- Europe Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- Europe Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Europe Oncology Nutrition Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Oncology Nutrition Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Oesophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- Asia Pacific Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- Asia Pacific Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Asia Pacific Oncology Nutrition Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- South Korea
- Australia
- Rest of Asia Pacific
- Middle East & Africa Oncology Nutrition Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Oesophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- Middle East & Africa Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- Middle East & Africa Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Middle East & Africa Oncology Nutrition Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America Oncology Nutrition Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Oncology Nutrition Market Estimates (US$ Mn), by Cancer Type, 2019 – 2032
- Head and Neck Cancer
- Stomach and Gastrointestinal Cancers
- Liver Cancer
- Prostate Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Oesophageal Cancer
- Lung Cancer
- Breast Cancer
- Blood Cancer
- Others
- South America Oncology Nutrition Market Estimates (US$ Mn), by Nutrition Type, 2019 – 2032
- Enteral Nutrition
- Parenteral Nutrition
- South America Oncology Nutrition Market Estimates (US$ Mn), by Sales Channel, 2019 – 2032
- Hospitals
- Pharmacies
- Retail Pharmacies
- Online Pharmacies
- South America Oncology Nutrition Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Oncology Nutrition Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Abbott Laboratories
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- Braun
- Danone
- Fresenius Kabi AG
- Global Health Products, Inc.
- Hormel Foods Corporation
- Mead Johnson & Company, LLC.
- Meiji Holdings Co., Ltd.
- Nestle
- Victus
- Abbott Laboratories
- Conclusion & Recommendations
Frequently asked questions about this report
What are the factors driving the online pharmacy market?
The key factors driving growth of the global online pharmacy market are increasing investment from private players and government support through key initiatives to develop online infrastructure.
What was the market for online pharmacy valued at in 2021?
The online pharmacy market size was estimated to be US$ 51.5 billion in 2021
Who are the key players in online pharmacy market?
Some key players operating in the online pharmacy market include Well.ca, The Kroger Co., The Walgreen Company, Express Scripts Holding Company, CVS Health, Zur Rose Group AG, Giant Eagle, Inc., Pharmacy2U Limited , Walmart Stores, Inc., OptumRx Inc., 1mg, and Netmeds.
What is the base year considered in the online pharmacy market report?
The base year considered in online pharmacy market report is 2022.
What is the anticipated CAGR for the online pharmacy market?
The online pharmacy market is anticipated to expand at a CAGR of 16% from 2023 to 2032.