Global Healthcare E-Commerce Market Trends And Strategies Of Major Players In The Healthcare E-Commerce Market 2021-2030

30 Nov, 2021

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The healthcare e-commerce market consists of sales of healthcare products and their related services. E-commerce is also known as internet commerce or electronic commerce and refers to the sales and purchase of goods and services using the internet. It enables healthcare institutions, hospitals, clinics, and other healthcare facilities to purchase medical equipment and supplies through online channels. Healthcare e-commerce includes buying and selling medical devices and drugs and offers advantages such as convenience, lower prices & discounts, a wide range of products, replacement & refund policies, reviews & feedbacks, and quality certifications.

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-growth

Healthcare 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.