What Is The Forecast Growth Rate For The Mail Order Pharmacy Market?
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The global mail order pharmacy market size is expected to grow from $78.95 billion in 2022 to $92.72 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The mail order pharmacy market is expected to reach $174.5 billion in 2027 at a CAGR of 17.1%.
A mail-order pharmacy is a drugstore that accepts online orders and mails orders to customers. It is used to conveniently order and manage prescriptions using a smartphone or computer.
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Mail Order Pharmacy Market Driver
The increase in the adoption of e-commerce is driving the mail-order pharmacy market going forward. E-commerce refers to exchanging goods and services, sending money or data over an electronic network, or all three. Mail-order pharmacies help customers order medications and prescription refills using e-commerce technologies from the convenience of their homes or even while on the road using a mobile app on their phone or tablet.
Mail Order Pharmacy Market Trends
Technological advancements are a key trend gaining popularity in mail-order pharmacy market. Major companies operating in the mail-order pharmacy market are introducing analytical solutions to make pharmaceutical deals more accessible.
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Major Players And Regions Of The Mail Order Pharmacy Market
Major players in the mail order pharmacy market are CVS Health Corporation, UnitedHealth Group Inc., Accredo Health Group Inc., McKesson Corporation, Cigna, Cardinal Health, Walgreen Co., OptumRx Inc.
North America was the largest region in the mail order pharmacy market in 2022.
Mail Order Pharmacy Market Segmentation By The Business Research Company
The global mail order pharmacy market is segmented –
1) By Product Type: Dermal Care, Diabetes, Cardiovascular Medicines, Blood Pressure, Asthma, Cold And Flu, Painkillers, Antacids, Other Products
2) By Drug Type: Non-Prescription Drugs, Prescription Drugs
3) By Mode Of Order: Online Store, Pharmacy Apps
The Table Of Content For The Mail Order Pharmacy Market Include:
1. Mail Order Pharmacy Market Executive Summary
2. Mail Order Pharmacy Market Segments
3. Mail Order Pharmacy Market Size And Mail Order Pharmacy Market Growth Rate
4. Key Mail Order Pharmacy Market Trends
5. Major Mail Order Pharmacy Market Drivers
……
25. Key Mergers And Acquisitions In The Mail Order Pharmacy Market
26. Top Mail Order Pharmacy Companies
27. Mail Order Pharmacy Market Opportunities And Strategies
28. Mail Order Pharmacy Market, Conclusions And Recommendations
29. Appendix
The Mail Order Pharmacy Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the mail order pharmacy market.
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