Online Pharmacy Market: Industry Trends, Market Segments, Landscape, Analysis and Forecast – 2030
Online Pharmacy Market 2021 Global online pharmacy (E-Pharma) market is expected to reach US$ 150,891.1 million by 2027, growing at an estimated CAGR of 14.8% over the forecast period as they make the life of patients simpler Online pharmacies tend to provide services that help patients comply with their drug therapies. Customers can choose to use refill reminders that notify them via e-mail when it is time to refill or renew prescriptions. The provision of e-mail reminders offers a low-cost scalable approach towards addressing the problem of medication non-compliance. This enables the consumers to make informed decisions and save money. Also, the penetration of new entrants has made the overall online pharmacy market fragmented in nature. Major factors driving the growth of online pharmacies includes the convenience and privacy of this new channel. Patients with limited mobility or living far from the pharmacy tend to benefit tremendously from legitimate internet pharmacies. Owi