Healthcare E-Commerce Market Size, Share, Growth Report 2030

Healthcare E-Commerce Market

Healthcare E-Commerce Market - By Type (Drug and Medical Devices), By Application (Telemedicine, Medical Consultation, and Caregiving Services), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Category: Healthcare Report Format : PDF Pages: 160 Report Code: ZMR-6820 Published Date: Nov-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 353.1 Billion USD 840.1 Billion 17.1% 2020

Healthcare E-Commerce Market Size

The global Healthcare E-Commerce Market accrued earnings worth approximately 353.1 USD Billion in 2020 and is predicted to gain revenue of about 840.1 USD Billion by 2028, is set to record a CAGR of nearly 17.1% over the period from 2021 to 2028. The report offers assessment and analysis of the Healthcare E-Commerce Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue USD Billion.

Healthcare E-Commerce Market: Outlook

Healthcare e-commerce activities help healthcare firms and hospitals in online purchase of prescribed medical devices. In addition to this, healthcare e-commerce encompasses purchase & sale of medical equipment and medicines. Apart from this, it provides benefits such as low costs, discounts, and convenience to users. Apparently, rise in consumerism has enabled healthcare e-commerce industry connect with patients.  With large-scale use of web mining techniques in healthcare e-commerce and use of Cournot Model in healthcare industry, the market for healthcare e-commerce is projected to expand leaps & bounds in near future.

Global Healthcare E-Commerce MarketRequest Free Sample

Healthcare E-Commerce Market: Growth Drivers

Growing purchase of healthcare products online is projected to boost expansion of healthcare e-commerce market in ensuing years. Due to COVID-19 outbreak, consumers have made massive utilization of internet for ordering products online. This, in turn, has provided impetus to demand for healthcare e-commerce activities across globe. Moreover, rise in online pharmacies and telemedicine activities will prompt business landscape. Nonetheless, stringent Cyber Security legislations are likely to decimate elevation of healthcare e-commerce business growth in ensuing years.

Furthermore, a prominent increment in end-user expenditure on healthcare items and growing internet penetration will boost healthcare e-commerce market trends. In addition to this, introduction of new healthcare apps for improving digital healthcare connectivity will accentuate demand for healthcare e-commerce activities in foreseeable future. Increase in e-commerce distribution channels has resulted in rise in online sales of various products, thereby driving online sale of healthcare products. This, in turn, will augment size of healthcare e-commerce market.

Healthcare E-Commerce Market: Regional Landscape

North America To Lead Market Space Over Forecast Timeframe

Growth of healthcare e-commerce market in North America over 2021-2028 can be credited to large-scale spending of customers on healthcare products. Apart from this, improved web connectivity even in remote areas is likely to facilitate huge expansion of healthcare e-commerce industry in North American sub-continent. According to CMS, healthcare expenditure in the U.S. reached nearly USD 3.8 trillion in 2019 and healthcare industry accounted for nearly 17.7 % of country’s GDP.

Healthcare E-Commerce Market: Report Scope

Report Attributes Report Details
Report Name Healthcare E-Commerce Market Research Report
Market Size in 2020 USD 353.1 Billion
Market Forecast in 2028 USD 840.1 Billion
Growth Rate CAGR of 17.1%
Number of Pages 160
Key Companies Covered Amazon, Inc., Exactcare Pharmacy, CVS Health, Flipkart Pvt. Ltd., Alibaba Group Holding Limited, eBay Inc., Remdi SeniorCare, Lloyds Pharmacy Limited, McCabes Pharmacy, and Walgreens Boots Alliance Inc.
Segments Covered By Type, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2016 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Healthcare E-Commerce Market: Competitive Landscape

Key players influencing business space and profiled in report are

  • Amazon Inc.
  • Exactcare Pharmacy
  • CVS Health
  • Flipkart Pvt. Ltd.
  • Alibaba Group Holding Limited
  • eBay Inc.
  • Remdi SeniorCare
  • Lloyds Pharmacy Limited
  • McCabes Pharmacy
  • Walgreens Boots Alliance Inc.

The global Healthcare E-Commerce Market is segmented as follows:

By Type

  • Medical Devices
  • Drug

By Application

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Growing purchase of healthcare products online is projected to boost expansion of healthcare e-commerce market in ensuing years. Due to COVID-19 outbreak, consumers have made massive utilization of internet for ordering products online. This, in turn, has provided impetus to demand for healthcare e-commerce activities across globe. Moreover, rise in online pharmacies and telemedicine activities will prompt business landscape.

Furthermore, a prominent increment in end-user expenditure on healthcare items and growing internet penetration will boost healthcare e-commerce market trends. In addition to this, introduction of new healthcare apps for improving digital healthcare connectivity will accentuate demand for healthcare e-commerce activities in foreseeable future. Increase in e-commerce distribution channels has resulted in rise in online sales of various products, thereby driving online sale of healthcare products. This, in turn, will augment size of healthcare e-commerce market.

 

According to Zion market research report, the global Healthcare E-Commerce Market accrued earnings worth approximately 353.1 (USD Billion) in 2020 and is predicted to gain revenue of about 840.1 (USD Billion) by 2028, is set to record a CAGR of nearly 17.1% over the period from 2021 to 2028.

North America will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is subject to large-scale spending of customers on healthcare products. Apart from this, improved web connectivity even in remote areas is likely to facilitate huge expansion of healthcare e-commerce industry in North American sub-continent. According to CMS, healthcare expenditure in the U.S. reached nearly USD 3.8 trillion in 2019 and healthcare industry accounted for nearly 17.7 % of country’s GDP.

The key market participants include Amazon, Inc., Exactcare Pharmacy, CVS Health, Flipkart Pvt. Ltd., Alibaba Group Holding Limited, eBay Inc., Remdi SeniorCare, Lloyds Pharmacy Limited, McCabes Pharmacy, and Walgreens Boots Alliance Inc.

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