How Rise in Number of Internet Users Fuels the Growth of the GCC E-Pharmacies Market?

With growing digitalization, more and more people prefer to shop online as the products present on the online platforms are available at a better price along with attractive discount rates. E-pharmacy is an online pharmacy that operates over the internet, where the consumer can buy drugs online and receive the order at their doorstep. The key factor propelling the growth of the e-pharmacy market is the convenience offered by the use of e-pharmacy platforms as the patient can order the prescribed drugs from anywhere and receive them in a short period of time without going anywhere.

The GCC E-Pharmacies market is expected to grow at a CAGR of 9% during (2021-26) owing to the rising inclination of both, government as well as consumers towards the e-commerce industry space along with its impressively growing market penetration rate. Ease of use, time, and cost savings are the major factors driving the growth of the market.


The outbreak of the COVID-19 pandemic has positively impacted the growth of the GCC e-pharmacies market. Although the medical stores were categorized under the essential services, e-pharmacy still emerged as the biggest beneficiaries in the pandemic-induced lockdown as people preferred online platforms to buy everything to avoid the spread of infection.

Request to get the sample pages of the market research: https://www.marknteladvisors.com/query/request-sample/gcc-e-pharmacies-market.html

On the basis of the delivery model, the market is segmented into the Direct, Pharmacy, and Marketplace segments. In 2019, the marketplace model has acquired the largest share in the GCC E-Pharmacies market. The marketplace model provides an online platform that connects the buyer and the seller. The major factors behind the growth of this segment are increasing penetration of e-commerce, discounts offered, and home delivery services.

The major leading players in the GCC E-Pharmacies market are Care n Cure Pharmacy, Wellcare Pharmacy, BinSina, Aster Pharmacy (Aster Online), Four Seasons Pharmacy LLC, MediSouq, Kulud Pharmacy, Nahdi Pharmacy (Nahdi Medical Company), Al-Dawaa Pharmacies (DMSCO), Nasser Pharmacy W.L.L., Al Mutawa Pharmacies, Inc.


Comments

Post a Comment

Popular posts from this blog

Increasing Inclination of Oncologists and Physician to opt for Non-Invasive Diagnostic Procedures is Anticipated to Propel the Growth of the Global Liquid Biopsy market

The  Global Liquid Biopsy market  is anticipated to upsurge at a high rate owing to the factors such as rising consumption of alcohol and tobacco products, increasing prevalence of cancer cases along with burgeoning preference for non-invasive procedures and escalating funding for liquid biopsy research and development. Moreover, snowballing funding by public and private companies to support research activities, surge in the clinical trials for the development of these tests coupled with robust changing lifestyle of people and increasing inclination of oncologists and physician to opt for non-invasive diagnostic procedures are projected to fuel the growth of the market in the forthcoming years. The COVID-19 pandemic has positive impact on the liquid biopsy market as it surged the demand for liquid biopsy test as it used to improve cancer screening along with introduction of commercialize saliva-based liquid biopsy tests for head and neck cancer, COVID-19. . Get a sample copy o...
Read more

Snowballing Demand for Medical Plastics in the Disposable Medical Products is Anticipated to Propel the Growth of Medical Plastic Converters market

Image
The  Africa Medical Plastic Converters Market  is anticipated to grow at an astronomical rate owing to the factors such as growing awareness among people regarding health and wellness, robust urbanization coupled with burgeoning application of medical plastic converter in surgical equipment, disposable syringes, catheters, microfluid devices, and rising inclination towards cosmeceutical products. Moreover increasing incidence of lifestyle diseases, growing disposable income and surging demand for medical devices and equipment are some of the factors expected to place a significant impact on the growth of the market in the forecast period.   Based on Material,  Die-Cut Adhesive acquired the considerable market share owing to its surging demand in the industries such as in medical, transportation, electronics, aerospace along with  burgeoning demand for cosmeceutical products and escalating use of stick to skin application products such as tapes and bandages,...
Read more