E-pharmacy Market Trends Analysis
The online pharmacy is an attractive space that offers a lot of benefits to both sellers and buyers. Over the past few years, e-pharmacy has observed a significant growth rate in terms of market share and revenue due to which some of the big investors and brands worldwide have shown interest in the e-pharmacy segment. Some of the key companies in the E-Pharmacy market include Kroger, Walgreen, CVS Health, Netmeds, Medlife, Echo, Giant Eagle, Inc, OptumRx, 1mg, EasyMedico, EMEDIX, Express Scripts Holding Company and many others.
The e-pharmacy market growth is likely to continue in the near future as well owing to the increasing prevalence of chronic disease, rising per capita income, increase in households healthcare spending, internet penetration to new geographies and an increase in smartphone ownership. Despite several market drivers the data privacy especially related to the user’s personal health records and prescriptions is one of the major issues that may affect the e-pharmacy market growth.
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