Global Healthcare E-Commerce Market Outlook, Opportunities And Strategies
Learn about the global healthcare e-commerce market through The Business Research Company, which provides information on healthcare e-commerce market size, healthcare e-commerce market drivers and restraints, healthcare e-commerce market players, the COVID-19 impact on the healthcare e-commerce market, and more.
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The global healthcare e-commerce market is expected to decline from $352.23 billion in 2020 to $346.87 billion in 2021 at a compound annual growth rate (CAGR) of -1.5%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The healthcare e-commerce market is expected to reach $643.07 billion in 2025 at a CAGR of 17%.
Increasing consumer spending on medical products coupled with rising internet penetration is expected to drive innovation in healthcare e-commerce manufacturing, thus driving the market during the forecast period.
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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.
Global healthcare e-commerce market segments include:
By Type: Drug, Medical Devices
By Application: Telemedicine, Caregiving Services, Medical Consultation
By End User: Hospitals, Clinics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The launch of new healthcare applications for connecting doctors and patients directly is a leading trend driving the healthcare e-commerce market.
TBRC’s healthcare e-commerce market report covers:
Major Market Players: 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.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Healthcare E-Commerce Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides healthcare e-commerce market overviews, analyzes and forecasts market size, share, healthcare e-commerce market players, healthcare e-commerce market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s healthcare e-commerce market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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