e-Pharma Market Size Worth $109.2 Billion by 2025 | CAGR: 14.8%: Grand View Research, Inc.

Increase in prevalence of chronic conditions and diseases across the globe is resulting in constant growth in demand for various drugs and healthcare products. High cost of treatment is indicating the need to reduce health care cost. Online pharmacies are gaining popularity owing to lucrative offers such as price discounts that result in cost savings. In addition, increase in adoption of e-prescriptions in hospitals and other healthcare facilities are further expected to boost growth.

High unmet needs of emerging economies is one of the key driving factors. Government initiatives, increase in investments, changing regulations, and increasing penetration of internet and broadband in urban as well as rural areas are contributing to the growth of the market. Many new players are entering the market as the healthcare sector is offering huge potential to the online health retailers due to the ever growing demand for healthcare products and services.

However, growth in illegal online pharmacies is restraining the growth. These illegitimate websites may offer counterfeit and unapproved drugs, which make people skeptical about purchasing medicines online.

Browse full research report with TOC on"e-Pharma Market Analysis By Region [North America (U.S., Canada), Europe (Germany, UK), Asia Pacific (Japan, China, India), Latin America (Brazil, Mexico)], And Segment Forecasts, 2014 - 2025" at:http://www.grandviewresearch.com/industry-analysis/e-pharma-market

Further Key Findings From the Study Suggest: 

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Grand View Research has segmented the e-Pharma market on the basis of region: 

e-Pharma Regional Outlook (Revenue, USD Million, 2014 - 2025) 

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