Mail order pharmacy is a pharmacy that works over the internet and delivers medications directly to residence by mail. Mail order service saves the time and trips to local retail pharmacy. As compared to retail pharmacies, mail order pharmacies result in higher medication adherence rate which results to better health outcomes. Mail order pharmacy service is typically offered for maintenance drugs used for chronic conditions such as high cholesterol, asthma, high blood pressure, diabetes, or depression.
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Increase in internet usage worldwide, awareness among the users regarding mail order pharmacy services, increase in adoption of digital techniques in healthcare sector, increase in adoption of ecommerce, increase in investments, rise in pharmaceutical needs & in geriatric population, and developed healthcare infrastructure are the factors that drive the growth of the market. Moreover, change in consumer with raised demand for convenience have subsequently contributed toward the growth of the mail order pharmacy market. The mail order pharmacy market in the U.S., China, and India have more potential for growth. Updating some guidelines in these regions and increase in demand for customer healthcare products due to change in lifestyle drive the market growth of these countries.
The mail order pharmacy market is segmented based on drug type, product type, end-user channel, and region. Based on drug type, the market is bifurcated into prescription drugs (Rx- Only Drugs), and non-prescription drugs, which are also known as over-the-counter (OTC) drugs. Based on product type, the market is classified into skin care, diabetes, asthma, vitamins, weight loss, and other product type. Based on end-use channel, the market is divided into app only and online store. Based on region, the mail order pharmacy market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
Key Market Players
- Express Scripts Holding Company
- CVS Health Corporation
- DocMorris
- Optum Rx Inc.
- The SANICARE Group
- Domzdrowia.pl SA
- Walgreen Co
- eDrugstore.MD
- Zur Rose AG
- CanadaDrugs.com
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