US Online Pharmacy Market Size, Share & Trends Analysis Report by Forecast Period (2022-2028)

The online pharmacy market in the US is anticipated to rise at a considerable rate of 15.6% attributed to the large number of consumers prefer to purchase medicine online due to the COVID-19 lockdown. The lockdowns limit public activities, except for the procurement and purchasing of critical goods and services. Thus, the role of e-commerce in both wholesale and retail trade continues to expand in the country. There is also a 200% rise in Google Search Volumes for COVID-19 related health items.

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Also, it was estimated that in 2017 around 16% of the American population aged 65 years or older and a statistic predicted to hit 22% by 2050. This is a significant increase since 1950 when only 8% of the population was 65 or older. In recent years, the aging population of the US has come into focus as a cause for concern, as the nature of work and retirement is expected to change. If the population is projected to live longer than in past centuries, the economy is required to adjust in order to satisfy the needs of people. In fact, the fertility rate in the US has dropped in the past 20 years, which means that there are not as many new people to replace those who leave the workforce. So, a bigger geriatric population means more demand for medicines, which is expected to boost the online pharmacy market during the forecast period.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

US Online Pharmacy Market by Medicine Type

  • OTC Medicines
  • Prescription Medicines

Company Profiles

  • com, Inc. (PillPack)
  • BioPlus Specialty Pharmacy Services, Inc.
  • Carepoint Healthcare LLC (Carepoint Pharmacy
  • Caremark LLC (CVS Pharmacy)
  • Giant Eagle, Inc.
  • Specialty Medical Drugstore (GoGoMeds.com)
  • OptumRx, Inc.
  • rx-24-online.com
  • Walgreen Company
  • Walmart, Inc.
  • Woori Pharmacy

The Report Covers

  • Comprehensive research methodology of the US online pharmacy market.
  • This report also includes a detailed and extensive market overview with the key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regulations and other government policies impacting the US online pharmacy market.
  • Insights about market determinants which are stimulating the US online pharmacy market.
  • Extensive profiles and recent developments of market players.

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