Product ID: SQMIG35C2003
Global E-pharmacy Market Size, Share, Growth Analysis, By Drug(Prescription Drugs, Over-the-Counter (OTC)), By Product Type(Skin Care, Dental) - Industry Forecast 2024-2031
Report ID:
SQMIG35C2003 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
66 |
Figures:
75
Global E-pharmacy Market Insights
E-pharmacy Market size was valued at USD 52 billion in 2019 and is poised to grow from USD 62.14 billion in 2023 to USD 308.8 billion by 2031, growing at a CAGR of 19.5% in the forecast period (2024-2031).
The growth of the Online Pharmacy Market has been largely supported by a rise in R&D expenditures globally; however, the current COVID-19 outbreak and economic slump have affected the whole market statistics of numerous industries globally. As a precaution, people throughout the world began taking vitamin and mineral supplements.
In an attempt to stem the fast spread of the COVID-19 virus, governments throughout the world used harsh measures such as lockdowns, border closures, and the introduction of strict social distancing rules. These decisions had a tremendous influence on the global economy, leading many industries to suffer. The influence of COVID-19 on market demand is considered when analysing present and forecast market sizes and growth patterns for all regions and countries.
US E-Pharmacy Market is poised to grow at a sustainable CAGR for the next forecast year.
Global E-pharmacy Market Report Snapshots
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