Healthcare E-Commerce Global Market Report 2020-30: Covid 19 Implications and Growth covers this critical market and the impact on it from the Covid 19 virus. It provides strategists, marketers and senior management with the critical information they need to assess the increasing demand for healthcare e-commerce as a consequence of the secondary effects of Covid 19.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the healthcare e-commerce market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Healthcare E-Commerce Market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider healthcare e-commerce market, and compares it with other markets.
Scope
Markets Covered: 1) By Type: Drug; Medical devices 2) By Application: Telemedicine; Caregiving Services; Medical Consultation
Companies Mentioned: Amazon; Exactcare Pharmacy; Flipkart Pvt. Ltd.; Alibaba Group Holding Ltd.; eBay Inc.
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is experiencing rapid growth due to the coronavirus and how it is likely to stabilize as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3 working days of order.
Description:
Where is the largest and fastest growing market for the healthcare e-commerce market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Healthcare E-Commerce Market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider healthcare e-commerce market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The healthcare e-commerce market section of the report gives context. It compares the healthcare e-commerce market with other segments of the healthcare e-commerce market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, healthcare e-commerce market indicators comparison.
Scope
Markets Covered: 1) By Type: Drug; Medical devices 2) By Application: Telemedicine; Caregiving Services; Medical Consultation
Companies Mentioned: Amazon; Exactcare Pharmacy; Flipkart Pvt. Ltd.; Alibaba Group Holding Ltd.; eBay Inc.
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Executive Summary2. Healthcare E-Commerce Market Characteristics26. Key Mergers And Acquisitions In The Healthcare E-Commerce Market27. Healthcare E-Commerce Market Trends And Strategies28. Healthcare E-Commerce Market Future Outlook and Potential Analysis
3. Healthcare E-Commerce Market Size And Growth
4. Healthcare E-Commerce Market Segmentation
5. Healthcare E-Commerce Market Regional And Country Analysis
6. Asia-Pacific Healthcare E-Commerce Market
7. China Healthcare E-Commerce Market
8. India Healthcare E-Commerce Market
9. Japan Healthcare E-Commerce Market
10. Australia Healthcare E-Commerce Market
11. Indonesia Healthcare E-Commerce Market
12. South Korea Healthcare E-Commerce Market
13. Western Europe Healthcare E-Commerce Market
14. UK Healthcare E-Commerce Market
15. Germany Healthcare E-Commerce Market
16. France Healthcare E-Commerce Market
17. Eastern Europe Healthcare E-Commerce Market
18. Russia Healthcare E-Commerce Market
19. North America Healthcare E-Commerce Market
20. USA Healthcare E-Commerce Market
21. South America Healthcare E-Commerce Market
22. Brazil Healthcare E-Commerce Market
23. Middle East Healthcare E-Commerce Market
24. Africa Healthcare E-Commerce Market
25. Healthcare E-Commerce Market Competitive Landscape And Company Profiles
29. Appendix
Executive Summary
Major players in the healthcare e-commerce market are Amazon, Exactcare Pharmacy, Flipkart Pvt. Ltd., Alibaba Group Holding Ltd., eBay Inc., Remdi SeniorCare, Lloyds Pharmacy Ltd., McCabes Pharmacy, Walgreens Boots Alliance Inc., and CVS Health.The global healthcare e-commerce market is expected to grow from $181 billion in 2019 to about $311.3 billion in 2020. Due to Covid-19, a significant growth is seen in the demand for medical supplies including surgical masks, gloves, medicines and other products. With people avoiding visiting market places and preferring to stay indoors, the online or e-commerce market for healthcare, especially supplies and medicines, is seeing a significant growth. The market is expected to stabilize and reach $382.8 billion at a CAGR of 20.6% through 2023.
The healthcare e-commerce market consists of sales of healthcare products and their related services. E-commerce is also known as internet commerce or electronic commerce and refers to the sales and purchase of goods and services using the internet. It enables healthcare institutions, hospitals, clinics, and other healthcare facilities to purchase medical equipment and supplies through online channels. Healthcare e-commerce includes buying and selling medical devices and drugs and offers advantages such as convenience, lower prices & discounts, a wide range of products, replacement & refund policies, reviews & feedbacks, and quality certifications.
The global healthcare e-commerce market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the healthcare e-commerce market in 2019.
In June 2018, Amazon.com, Inc., America-based multinational technology company and PillPack announced the acquisition of PillPack for an amount of $ 753.0 Billion. This acquisition is expected to expand Amazon’s business across the USA and improve the consumer experience with the online & timely delivery of medicines. PillPack Inc. was founded in 2013 and is an online pharmacy company based in Manchester, USA. PillPack Inc. delivers medications online in pre-sorted dose packaging across the USA and is committed to the timely delivery of medications.
The healthcare e-commerce market covered in this market is segmented by type into drug; medical devices. It is also segmented by application into telemedicine; caregiving services; medical consultation.
Stringent regulations and cybersecurity laws are expected to limit the growth of healthcare e-commerce market during the period. According to e-retailing laws and regulations in India published in December 2018, e-retailing companies hit hard by the policy for e-commerce in India including the healthcare e-commerce industry. Moreover, healthcare-related e-commerce platforms are mandated to make their cybersecurity infrastructure resilient and robust. The online pharmacies and telemedicine must comply with the techno legal regulations together with making their websites cyber secure. Therefore, stringent regulations imposed by various country governments are likely to restraint the growth of the healthcare e-commerce industry market over the approaching years.
The launch of new healthcare applications for connecting doctors and patients directly is a leading trend driving the healthcare e-commerce market. In December 2019, XcelTech Group, a software and mobile app development company known for delivering excellence in IoT, technology, and engaging mobile applications, announced the launch of a new healthcare platform, MyCare Softech Private Limited, a personalized healthcare assistance app. MyCare apps connect patients to doctors through a secure mobile application. Therefore, the launch of new healthcare applications is likely to shape the growth of the healthcare e-commerce market in the near future.
Increasing consumer spending on medical products coupled with rising internet penetration is to contribute higher demand for the healthcare e-commerce market in the upcoming years. Growing demand for healthcare products and high internet penetration is enabling people to switch to online products, which in turn is creating higher demand for online healthcare products. According to USA Health Affairs’ article published in December 2019, healthcare spending in the USA increased at a rate of 4.6% to $3.6 trillion or $ 11,172 per person in 2018 up from 4.2% in 2017. Moreover, according to WeAreSocial’s Stats published in January 2019, the total internet users across the globe increased by 366 million from January 2018 to 4.39 billion in 2019. This scenario is anticipated to propel the revenues for healthcare e-commerce market over the forecast period.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amazon
- Exactcare Pharmacy
- Flipkart Pvt. Ltd.
- Alibaba Group Holding Ltd.
- eBay Inc.
- Remdi SeniorCare
- Lloyds Pharmacy Ltd.
- McCabes Pharmacy
- Walgreens Boots Alliance Inc.
- CVS Health
- FSA Store
- Kroger Co.
- Doc Morris
- Netmeds
- MedLife
Methodology
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