The Telepharmacy Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
In recent years, the telepharmacy market has seen significant expansion. The market size which was at $12.23 billion in 2024 will increase to $14.27 billion in 2025, representing a compound annual growth rate (CAGR) of 16.6%.
The Telepharmacy Global Market is predicted to expand to $26.18 billion by 2029, growing at a compound annual growth rate (CAGR) of 16.4%.
Download Your Free Sample of the 2025 Telepharmacy Market Report and Uncover Key Trends Now!The key drivers in the telepharmacy market are:
• Increase in virtual care partnerships
• Growing adoption of cloud-based solutions
• Enhanced management of chronic diseases
• Demand for integrated care models and growth of home healthcare services
The telepharmacymarket covered in this report is segmented –
1) By Type: Inpatient, Remote Dispensing, Intravenous Admixture, Patient Counselling, Drug Therapy Monitoring, Refill Authorization For Prescription Drugs
2) By Component: Hardware, Software
3) By Delivery Mode: On Premises, Web Based, Cloud Based
4) By Application: Hospitals, Small Pharmacies, Nursing Home, Prisons, Military Base, War Ships
The key trends in the telepharmacy market are:
• The adoption of cloud-based solutions is emerging as a significant trend in the telepharmacy market.
• There is increasing development and use of wearable devices and mobile health applications in the field.
• Technological advancements in telecommunication and telehealth technologies are shaping the future of the market.
• The market is moving towards extensive integration with electronic health records (EHRs).
Major companies in the telepharmacy market are:
• Cardinal Health Inc.
• Dartmouth-Hitchcock Medical Center
• Comprehensive Pharmacy Services Inc.
• Tabula Rasa HealthCare
• Alto Pharmacy
• CarepathRx
• Truepill
• Carepoint Pharmacy
• Pipeline Health Holdings
• Nurx
• Advanced Rx Management
• Mosaic Wellness
• MedTel Services
• Medication Review Inc.
• Phlo
• Locke Bio
• PharmD Live
• North West TelePharmacy Solutions
• One Touch Telehealth
• Heyva Health
North America was the largest region in the telepharmacy market in 2024