Global Healthcare E-Commerce Market Trends And Strategies Of Major Players In The Healthcare E-Commerce Market 2021-2030
30 Nov, 2021
Global Healthcare E-Commerce Market Size And Drivers:
The global healthcare e-commerce market is expected to decline from $352.23 billion in 2020 to $346.87 billion in 2021 at a compound annual growth rate (CAGR) of -1.5%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The healthcare e-commerce market is expected to reach $643.07 billion in 2025 at a CAGR of 17%. Increasing consumer spending on medical products coupled with rising internet penetration is to contribute higher demand for the healthcare e-commerce market in the upcoming years.
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Trends In The Global Healthcare E-Commerce Market
The launch of new healthcare applications for connecting doctors and patients directly is a leading trend driving the healthcare e-commerce market. In December 2019, XcelTech Group, a software and mobile app development company known for delivering excellence in IoT technology, and engaging mobile applications, announced the launch of a new healthcare platform, MyCare Softech Private Limited, a personalized healthcare assistance app. MyCare apps connect patients to doctors through a secure mobile application. Therefore, the launch of new healthcare applications is likely to shape the growth of the healthcare e-commerce market in the near future.
Global Healthcare E-Commerce Market Segments:
The global healthcare e-commerce market is further segmented –
By Type: Drug, Medical Devices
By Application: Telemedicine, Caregiving Services, Medical Consultation
By End User: Hospitals, Clinics, Others
By Geography: The global healthcare e-commerce market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Healthcare E-Commerce Market At:
https://www.thebusinessresearchcompany.com/report/healthcare-e-commerce-global-market-report-2020-30-covid-19-implications-and-growthHealthcare E-Commerce Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides healthcare e-commerce market overviews, analyzes and forecasts market size and growth for the global healthcare e-commerce market, healthcare e-commerce market share, healthcare e-commerce market players, healthcare e-commerce market segments and geographies, healthcare e-commerce market’s leading competitors’ revenues, profiles and market shares. The healthcare e-commerce market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.