The US digital pharmacy market analysis explains market drivers such as the upsurge in online purchase of prescription medicines during the COVID-19 pandemic and an increasing inclination toward online platforms. Further, integrated web-based online pharmacy interfaces are expected to emerge as new trends in the market during 2022–2030. Based on drug type, the US digital pharmacy market is bifurcated into prescription medicine and over-the-counter medicine. The prescription medicine segment held a larger market share in 2022, and the same segment is anticipated to register a higher CAGR of 17.83% during 2022-2030. The US digital pharmacy market, by product, is segmented into personal care, vitamins & supplements, medicines & treatments, and other products. The medicine and treatment segment held a larger market share in 2022, and this segment is anticipated to register a higher CAGR during the forecast period. Based on platform, the US digital pharmacy market is categorized into app-based and website-based. The app-based segment is expected to account for a maximum share of the market during 2022–2030. Based on gender, the US digital pharmacy market is bifurcated into male and female. The female segment is expected to account for a maximum share of the US digital pharmacy market during 2022–2030.
A digital pharmacy is an internet-based selling platform for medicines, and it operates as an independent internet-only site, an online branch of a brick-and-mortar pharmacy, or a site representing a partnership among pharmacies.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 67,242.93 Million |
Market Size by 2030 | US$ 2,40,216.87 Million |
Global CAGR (2022 - 2030) | 17.25% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Drug Type
|
Regions and Countries Covered | United State
|
Market leaders and key company profiles |
The List of Companies - US Digital Pharmacy Market
CVS Health Group, Cigna Group, Good Rx Holdings Inc., Walmart Inc., Hims & Hers Health Inc., Roman Health Pharmacy LLC, Apex Pharmacy Inc., Lloyds Pharmacy, Pharmacy2U Ltd., Docmorris NV, True pill among others are among the leading companies operating in the US digital pharmacy market.
The female segment dominated the global US digital pharmacy market and accounted for the largest revenue in 2022.
Based on drug type, the prescription medicine segment took the forefront lead in the US digital pharmacy market by accounting largest share in 2020 and is expected to continue to do so till the forecast period.
Upsurge in online purchase of prescription medicines during COVID-19 pandemic, increasing inclination towards online platform are the factor responsible for the overall market growth.
A digital/online pharmacy, or mail-order pharmacy is a pharmacy that operates over the internet and directs orders to customers via mail, shipping companies, or online pharmacy web portal. Online pharmacies include pharmacy benefits managers that administrate corporate prescription drug plans.