Epharmacy Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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Date Submitted: 01/29/2016 05:44 AM

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With the rise of Internet penetration, there has been a dramatic shift in the buying behavior of customers toward increased online purchasing. From essentials such as groceries and apparel to luxury products, everything is available for purchase on online retail platforms. The healthcare sector is no exception to this online retail trend, with pharmacies going online. With advantages such as round-the-clock availability and delivery of drugs, complete information on the prescribed drug, and knowledge of cost-effective substitutes, the market for ePharmacies is expected to experience a surge of growth in the coming years.

Operating within all the guidelines and standards set by their respective national governments, ePharmacies have emerged as ethical business entities and have become an effective source of prescription medicines. The trend of ePharmacies was initially witnessed in the developed economies of North America and Europe; however, with the rising penetration of the Internet and growing awareness among customers about prescription medicines, the market for ePharmacies is gaining momentum in the emerging countries in Asia Pacific.

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This research study focuses on providing a comprehensive market assessment on current trends in the global ePharmacies market, along with a focus on various factors affecting the market’s growth. The influential factors that affect the growth of the ePharmacy market have been analyzed under the market dynamics section, which comprises market drivers, restraints, and opportunities. The report also provides comprehensive assessment of vendor...