United Kingdom
e-pharmacy market is expected to register robust growth in the forecast period,
2023-2027. Cardiac monitoring (CM) devices assist in the continuous examination
of the cardiac activity of a patient. Cardiac rhythm management (CRM) devices help
in maintaining a normal cardiac rhythm in patients suffering from rhythm and
rate disorders of the heart. These devices play a significant role in treating
numerous cardiac ailments, such as heart failure, atrial flutter, coronary
ischemia, lack of oxygen supply to cardiac muscles, indications of recent heart
attack, atrial fibrillation, effects of drugs, and certain genetic errors,
among others. The increasing incidence of cardiac disorders and the growing
number of unmet medical needs across the United Kingdom are primarily driving
the market growth. With this, continuous advancements in the devices and the
rising awareness among the patients regarding the cardiac management devices
support the market growth. The development of new MRI-labelled devices is
expected to offer lucrative opportunities for the growth of the cardiac monitoring &
cardiac rhythm management sector in the upcoming years.
Rising Number of
Internet Users is Estimated to Propel the Market Growth
Growing usage of the
internet, as well as the higher speed of the internet, is leading to the
growing adoption of digital technologies. This, in turn, offers unprecedented
growth opportunities to the e-pharmacy sector. The expanding number of online
service providers has improved the accessibility to internet pharmacies across
UK regions, promoting the growth of the market. The ease of access to internet
pharmacies through smartphones and the convenient availability of a wide range
of pharmaceutical products are catalyzing the growth of the e-pharmacy market.
Additionally, collaborations between the leading manufacturers and e-pharmacies
to broaden the accessibility of their products and expand their customer base
via online channels are anticipated to contribute to the market growth during
the forecast period.
Increase in Penetration
of E-commerce is Expected to Accelerate the Market Growth
A large patient pool
opts for doorstep delivery of healthcare products on account of the
unavailability of certain products or medicines at the retail stores.
E-pharmacies minimize the dependency of chronically ill patients and old-age
groups on someone else for the procurement of medicines and healthcare supplies
are propelling the market growth. People, especially the millennial population,
are highly reliant on online services for the procurement of goods such as
medicines and cosmetics further supports the growth of the market. Several
leading market players are focusing on artificial intelligence to ensure better
satisfaction and better consumer experience, which is projected to
revolutionize the e-pharmacy market in the forthcoming years.
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Market Segmentation
The United Kingdom
e-pharmacy market is segmented into type, end user, regional distribution, and
competitive landscape. Based on product type, the market is divided into
prescription medicines and over-the-counter medicines. Based on
therapy area, the market is segmented into vitamins, cold & flu,
dermatology, weight loss, and others. Based on operating platform, the market
is bifurcated into apps and websites. To analyze the market based on the
region, the United Kingdom e-pharmacy market is studied in major regions, namely
London, Southeast, East Anglia, Scotland, Southwest, East Midlands, and
Yorkshire & Humberside.
Market Players
Well Pharmacy, MedExpress, Chemist Direct, Healthxchange Pharmacy (UK)
Limited, Lloyds Pharmacy, Pharmacy2U Limited, UK Meds Direct Limited, and
Simple Online Pharmacy Limited are the significant market players operating in
the United Kingdom e-pharmacy market.
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Attribute
|
Details
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Base Year
|
2021
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Historic Data
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2017 – 2020
|
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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|
Segments covered
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·
Product Type
·
Therapy Area
·
Operating
Platform
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|
Regional scope
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London, Southeast, East
Anglia, Scotland, Southwest, East Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
|
Well Pharmacy, MedExpress, Chemist
Direct, Healthxchange Pharmacy (UK) Limited, Lloyds Pharmacy, Pharmacy2U
Limited, UK Meds Direct Limited, Simple Online Pharmacy Limited
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
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Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United Kingdom e
pharmacy market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
United Kingdom E Pharmacy Market, By Product Type:
o
Prescription Medicines
o
Over-The-Counter
Medicines
·
United Kingdom E
Pharmacy Market, By Therapy Area:
o Vitamins
o Cold & Flu
o Dermatology
o Weight Loss
o Others
·
United Kingdom E Pharmacy Market, By Operating
Platform:
o Apps
o Websites
·
United Kingdom E Pharmacy Market, By Region:
o
London
o
Southeast
o
East
Anglia
o
Scotland
o
Southwest
o
East
Midlands
o
Yorkshire
& Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom E Pharmacy market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
o Detailed analysis and profiling of
additional market players (up to five).
United Kingdom e pharmacy market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]