+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Healthcare E-Commerce Global Market Report 2023

  • PDF Icon

    Report

  • 175 Pages
  • February 2023
  • Region: Global
  • The Business Research Company
  • ID: 5735255

Quick Summary:

In an increasingly digitized world, the global healthcare e-commerce market is rapidly expanding, offering institutions and individuals an accessible, efficient way to obtain healthcare goods and services such as medical equipment, devices and drugs. This surge in growth represents a significant opportunity for those invested in this sector or considering doing so.

Our comprehensive market research report provides you with a holistic view of the landscape, helping you identify trends, evaluate market segments, and understand your competitors. It equips you with the critical insights necessary to leverage growth potentials and navigate challenges in this dynamic industry. With this knowledge, you can make confident, informed decisions that drive your success in the healthcare e-commerce market.

The global healthcare e-commerce market will grow from $309.62 billion in 2022 to $366.94 billion in 2023 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The healthcare e-commerce market is expected to grow to $732.3 billion in 2027 at a CAGR of 18.9%.

Healthcare e-commerce refers to the sales and purchase of healthcare goods and services using the internet. It enables healthcare institutions, such as 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 and discounts, a wide range of products, replacement and refund policies, reviews and feedback, and quality certifications.

North America was the largest region in the healthcare e-commerce market in 2022. Asia Pacific was the second largest region in the healthcare e-commerce market. The regions covered in the healthcare e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of healthcare e-commerce are drugs and medical devices. A drug refers to a substance that is used to prevent, diagnose, treat, or relieve symptoms of a disease or abnormal condition. The various applications involved are telemedicine, caregiving services, and medical consultation that are used in hospitals, clinics, and other end users.

Increasing consumer spending on medical products, coupled with rising internet penetration, is expected to contribute to higher demand for the healthcare e-commerce market in the upcoming years. Growing demand for healthcare products and high internet penetration are enabling people to switch to online products, which in turn is creating higher demand for online healthcare products. According to Centres for Medicare & Medicaid services data 2021, U.S. health care spending has been increased to 9.7 percent in 2020, reaching $4.1 trillion or $12,530 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 19.7 percent. Moreover, according to WeAreSocial’s Stats published in January 2020, the total internet users across the globe increased to 4.54 billion in 2020, with a growth of 298 million or 7% in comparison with January 2019. This scenario is anticipated to propel the revenues of the healthcare e-commerce market over the forecast period.

Stringent regulations and cybersecurity laws are expected to limit the growth of the healthcare e-commerce market during the period. According to e-retailing laws and regulations in India, e-retailing companies are hit hard by the policies 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. Online pharmacies and telemedicine must follow technological legal regulations, as well as make their websites cyber secure. Therefore, stringent regulations imposed by various countries' governments are likely to restrain 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 November 2021, SMV Healthcare, a Chennai-based pharmaceuticals company, launched MyMedicalShop.com, an online platform for purchasing medicine and healthcare products, e-consultations and diagnostic tests at home. Therefore, the launch of new healthcare applications is likely to shape the growth of the healthcare e-commerce market in the near future.

In April 2022, Lifesupply Health Supplies Inc, a Canada-based medical supplies company, acquired Smart Move Medical for an undisclosed amount. The acquisition would expand the distribution network of the company and provide it with broader access to a network of suppliers internationally. Smart Move Medical is a Canada-based medical equipment supplier.

The countries covered in the healthcare e-commerce market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The healthcare e-commerce market includes revenues earned by entities by telemedicine websites, medical supply and equipment stores, online pharmacies and healthcare marketplace websites. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The healthcare e-commerce market research report is one of a series of new reports that provides healthcare e-commerce market statistics, including healthcare e-commerce industry global market size, regional shares, competitors with a healthcare e-commerce market share, detailed healthcare e-commerce market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare e-commerce industry. This healthcare e-commerce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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.



This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Healthcare E-Commerce Market

What is the estimated value of the Global Healthcare E-Commerce Market?

The Global Healthcare E-Commerce Market was estimated to be valued at $366.94 billion in 2023.

What is the growth rate of the Global Healthcare E-Commerce Market?

The growth rate of the Global Healthcare E-Commerce Market is 18.9%, with an estimated value of $732.3 billion by 2027.

What is the forecasted size of the Global Healthcare E-Commerce Market?

The Global Healthcare E-Commerce Market is estimated to be worth $732.3 billion by 2027.

Who are the key companies in the Global Healthcare E-Commerce Market?

Key companies in the Global Healthcare E-Commerce Market include 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.

Table of Contents

1. Executive Summary2. Healthcare E-Commerce Market Characteristics3. Healthcare E-Commerce Market Trends And Strategies
4. Healthcare E-Commerce Market - Macro Economic Scenario
4.1 COVID-19 Impact On Healthcare E-Commerce Market
4.2 Ukraine-Russia War Impact On Healthcare E-Commerce Market
4.3 Impact Of High Inflation On Healthcare E-Commerce Market
5. Healthcare E-Commerce Market Size And Growth
5.1. Global Healthcare E-Commerce Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Healthcare E-Commerce Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Healthcare E-Commerce Market Segmentation
6.1. Global Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Drug
  • Medical devices
6.2. Global Healthcare E-Commerce Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Telemedicine
  • Caregiving Services
  • Medical Consultation
6.3. Global Healthcare E-Commerce Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Hospitals
  • Clinics
  • Other End-Users
7. Healthcare E-Commerce Market Regional And Country Analysis
7.1. Global Healthcare E-Commerce Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Healthcare E-Commerce Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Healthcare E-Commerce Market
8.1. Asia-Pacific Healthcare E-Commerce Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Healthcare E-Commerce Market
9.1. China Healthcare E-Commerce Market Overview
9.2. China Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Healthcare E-Commerce Market
10.1. India Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Healthcare E-Commerce Market
11.1. Japan Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Healthcare E-Commerce Market
12.1. Australia Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Healthcare E-Commerce Market
13.1. Indonesia Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Healthcare E-Commerce Market
14.1. South Korea Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Healthcare E-Commerce Market
15.1. Western Europe Healthcare E-Commerce Market Overview
15.2. Western Europe Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Healthcare E-Commerce Market
16.1. UK Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Healthcare E-Commerce Market
17.1. Germany Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Healthcare E-Commerce Market
18.1. France Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Healthcare E-Commerce Market
19.1. Eastern Europe Healthcare E-Commerce Market Overview
19.2. Eastern Europe Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Healthcare E-Commerce Market
20.1. Russia Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Healthcare E-Commerce Market
21.1. North America Healthcare E-Commerce Market Overview
21.2. North America Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Healthcare E-Commerce Market
22.1. USA Healthcare E-Commerce Market Overview
22.2. USA Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Healthcare E-Commerce Market
23.1. South America Healthcare E-Commerce Market Overview
23.2. South America Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Healthcare E-Commerce Market
24.1. Brazil Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Healthcare E-Commerce Market
25.1. Middle East Healthcare E-Commerce Market Overview
25.2. Middle East Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Healthcare E-Commerce Market
26.1. Africa Healthcare E-Commerce Market Overview
26.2. Africa Healthcare E-Commerce Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Healthcare E-Commerce Market Competitive Landscape And Company Profiles
27.1. Healthcare E-Commerce Market Competitive Landscape
27.2. Healthcare E-Commerce Market Company Profiles
27.2.1. Amazon
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Exactcare Pharmacy
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Flipkart Pvt. Ltd.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Alibaba Group Holding Ltd.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. eBay Inc.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Healthcare E-Commerce Market29. Healthcare E-Commerce Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Healthcare E-Commerce Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on healthcare e-commerce market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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 shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for healthcare e-commerce? 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.

Scope

Markets Covered

1) By Type: Drug; Medical Devices
2) By Application: Telemedicine; Caregiving Services; Medical Consultation
3) By End User: Hospitals; Clinics; Other End Users

Companies Mentioned: Amazon; Exactcare Pharmacy; Flipkart Pvt. Ltd.; Alibaba Group Holding Ltd.; eBay Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

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.

Delivery format: PDF, Word and Excel Data Dashboard.

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

Loading
LOADING...