ePharmacy Market size was over USD 83.02 billion in 2024 and is anticipated to cross USD 859.82 billion by 2037, witnessing more than 19.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ePharmacy is estimated at USD 96.92 billion.
The global ePharmacy market is thriving on the back of growing trend for e-commerce around the globe. Apparently rising awareness amongst consumers for the benefits that can be availed from purchasing via e-pharmacies, for instance, in-depth information on drugs along with competitive pricing and attractive discounts, along with availability of drugs which are not easily available in conventional pharmaceutical stores, and growing pharmaceutical industry, all such factors are anticipated to contribute towards the growth of the global market.
According to European Federation of Pharmaceutical Industries and Associations (EFPIA), exports in the pharmaceutical industry in the EU grew from USD 96739.36 Mn in the year 2000 to USD 397162.8 Mn in the year 2016.
Author Credits: Radhika Pawar
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