Global Mail Order Pharmacy Market 2020-2027 - COVID-19 Impact and Analysis by Drug Type, Product, Mode of Order, and Geography - ResearchAndMarkets.com
The "Mail Order Pharmacy Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Drug Type; Product; Mode of Order, and Geography" report has been added to ResearchAndMarkets.com's offering.
The "Mail Order Pharmacy Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Drug Type; Product; Mode of Order, and Geography" report has been added to ResearchAndMarkets.com's offering.
Mail Order Pharmacy Market was valued at US$ 48,977 million in 2019 and is projected to reach US$ 166,384.85 million by 2027; it is expected to grow at a CAGR of 16.5% from 2020 to 2027. The report highlights trends prevailing in the global mail order pharmacy market, and the drivers and restraints pertaining to the market growth.
Based on drug type, the global mail order pharmacy market is segmented into prescription drugs and nonprescription drugs. The nonprescription drugs segment held a larger share of the market in 2019. This growth is ascribed to the increasing demand for over the counter (OTC) drugs such as cough and cold medications, analgesics, and gastrointestinal products. However, the prescription drugs segment is estimated to register a higher CAGR during the forecast period. This growth is attributed to increasing prevalence of chronic diseases, such as cancer, cardiovascular diseases and diabetes.
In the North American region, the US is profoundly affected by the outbreak of the COVID-19 pandemic. The country has marked the highest number of positive cases. Across the nation, various healthcare research centers are working on the COVID-19 therapeutics. Additionally, during the initial phase of COVID-19 crisis, due to lockdown and supply chain disruptions the demand for mail order pharmacy was significantly increased owing to change in customer behaviors for purchasing prescription drugs.
The growth of the mail order pharmacy market is attributed to the increasing incidences of chronic diseases and increasing adoption of mail order pharmacy in healthcare sector. However, the less adoption in low- and- middle income economies due to less penetration of e-commerce hinder the growth of this market.
Canada Drugs Online, WellDyne, Walgreens co., eDrugstore.com, Zur Rose Group AG., CHI Health, Optumrx Inc., Express Scripts Holding Company, CVS Health, and PillPack are among the leading companies operating in the global mail order pharmacy market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the mail order pharmacy market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global mail order pharmacy market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Key Topics Covered:
1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
2. Mail Order Pharmacy Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Mail Order Pharmacy Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Mail Order Pharmacy Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Incidences of Chronic Diseases
5.1.2 Increasing Adoption of Mail Order Pharmacy in Healthcare Sector
5.2 Market Restraint
5.2.1 Less Adoption in Low-and-Middle Income Economies
5.3 Market Opportunities
5.3.1 Increasing Investment in Mail Order Pharmacy Start-Ups
5.4 Future Trends
5.4.1 Integration of Artificial Intelligence (AI) in Retail Pharmacies
5.5 Impact Analysis of Drivers and Restraints
6. Mail Order Pharmacy Market - Global Analysis
6.1 Global Mail Order Pharmacy Market Revenue Forecast And Analysis
6.2 Global Mail Order Pharmacy Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Mail Order Pharmacy Market Analysis - By Drug Type
7.1 Overview
7.2 Mail Order Pharmacy Market Revenue Share, by Drug Type (2019 and 2027)
7.3 Prescription Drugs
7.4 Non-Prescription Drugs
8. Mail Order Pharmacy Market Analysis - By Product
8.1 Overview
8.2 Mail Order Pharmacy Market Revenue Share, by Product (2019 and 2027)
8.3 Diabetes
8.4 Asthma
8.5 Blood Pressure
8.6 Cardiovascular Medicines
8.7 Cold and Flu
8.8 Antacids
8.9 Painkillers
8.10 Dermal Care
9. Mail Order Pharmacy Market Analysis - By Mode of Order
9.1 Overview
9.2 Mail Order Pharmacy Market Share, by Mode of Orders, 2019 and 2027, (%)
9.3 Online Stores
9.4 Pharmacy apps
10. Mail Order Pharmacy Market - Geographic Analysis
11. Impact of COVID-19 Pandemic on Global Mail Order Pharmacy Market
12. Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.4 Inorganic Developments
13. Company Profiles
13.1 Key Facts
13.2 Business Description
13.3 Services
13.4 Financial Overview
13.5 SWOT Analysis
13.6 Key Developments
- Canada Drugs Online
- WellDyne
- Walgreens co.
- eDrugstore.com
- Zur Rose Group AG
- CHI Health
- Optumrx Inc.
- Express Scripts Holding Company
- CVS Health
- PillPack
For more information about this report visit https://www.researchandmarkets.com/r/tbwg8k
View source version on businesswire.com: https://www.businesswire.com/news/home/20201102005554/en/