Digital Pharmacy Market Size and Forecasts (2020 – 2030)

Digital Pharmacy Market Size and Forecasts (2020 – 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Drug Type (Prescription Medicines and OTC Medicines), Product (Personal Care, Vitamins & Supplements, Medicine & Treatment, and Others), Platform (App-Based and Website-Based), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)

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Description

The digital pharmacy market is expected to grow from US$ 96.428 billion in 2022 to US$ 363.878 billion by 2030; it is expected to grow at a CAGR of 18.1% from 2022 to 2030. Upsurge in online purchase of prescription medicines during the COVID-19 pandemic and an increasing inclination toward online platforms are a few factors driving the digital pharmacy market growth.
A digital pharmacy is a licensed pharmacy covering an entity combining high-tech and efficient solutions through a personal touch that helps commercialize new, existing, and digital therapies. The solution simplifies the process of filling a prescription, enhances stakeholders’ experiences, and clarifies the prescription journey with actionable insights for biopharma manufacturers. For example, digital pharmacies can help biopharma companies remove barriers, enabling dispensing pharmacies to receive clean and ready-to-dispense prescriptions.
Market Trend
Innovative E-Pharmacy Model
According to the published report by SHOPS Plus in December 2019, Sustaining Health Outcomes through the Private Sector (SHOPS) Plus
The project team in India announced a partnership with the State Government of Madhya Pradesh and the pharmaceutical company Medlife International to launch an innovative, drug-to-doorstep e-pharmacy model to fight against tuberculosis (TB). The SHOPS Plus Prohect team designed the service delivery model to strengthen the TB services through an e-pharmacy model/platform. For example, in India, the TB epidemic is declining. However, the country still holds the most significant number of TB patients, with half a million cases carried undiagnosed annually. Therefore, SHOP Plus is working to utilize technology to provide diagnosis and treatment support services available at the patient’s doorstep through an e-pharmacy model. Such initiatives by SHOP Plus will help to increase access to TB services among patients. With the e-pharmacy platform designed by the SHOP Plus project, TB patients can prescribe home sputum testing materials for TB patients, and the test is completed remotely. The e-pharmacy agent will pick up the material and deliver it to the lab facility. After processing the sputum material, the lab will upload the patient’s testing report on the e-pharmacy platform. TB patients can view the report, and physicians can prescribe the treatment for the patient. The e-pharmacy platform also features communication technology to follow up with patients’ treatment adherence and future orders. Such innovative e-pharmacy models will provide lucrative market opportunities for growth in the forecast period 2020-2030.
Market Trend
Integrated Web-Based Online Pharmacy Interface Emerges as Key Trend
Integrated e-healthcare systems incorporated with web-based pharmacy interfaces that are accessible to pharmacists and patients are likely to emerge as new trends in the digital pharmacy market in the coming years. Programs made available by online pharmacies to provide online support to people buying medicines are a notable example of such interfaces. For instance, patients administered with statins as a part of their treatments are likely to discontinue or show irregularities in taking medicines. Reminders and live chat with a pharmacy team member trained in providing adherence support to people consuming statin-based prescribed medicines can help avoid the discontinuation of doses.
Platform-Based Insights
In terms of platform, the digital pharmacy market is categorized into app-based and website-based. The app-based is further segmented into telehealth pharmacy apps, medication management apps, health and wellness apps, compounding pharmacy apps, and others. The app-based segment held a larger market share in 2022, and the same segment is anticipated to register a higher CAGR of 17.60% during the forecast period. Telehealth pharmacy apps are expected to account for a maximum share of the market for the app-based segment during 2022-2030. Virtual healthcare can be accessed through telehealth apps from anywhere. According to CDC data published in 2021, 37.0% of adults used telemedicine in 2020, including provider visits, online prescriptions, and mental health services. The best telehealth apps can be downloaded free of cost and are easy to use, and they often completely cover insurance services. A few examples of telehealth pharmacy apps are Hims & Hers, GoodRx, K Health, and Doctor on Demand. GoodRx offers services such as low-cost visits, easy prescription refills via mail, and visits without health insurance.
Based on drug type, the digital pharmacy market is bifurcated into prescription medicine and over-the-counter medicine. The prescription medicine segment held a larger market share in 2022, and the same segment is anticipated to register a higher CAGR of 17.83% during the forecast period. Based on product, the digital pharmacy market is segmented into personal care, vitamins & supplements, medicines & treatments, and other products. The medicine & treatments segment is further segregated as sexual health, neurological disorders, heart care, diabetes, weight loss, and others. The medicine and treatment segment held a larger market share in 2022, and the segment is anticipated to register a higher CAGR of 17.87% during the forecast period. In terms of platform, the digital pharmacy market is categorized into app-based and website-based. The app-based is further segmented into telehealth pharmacy apps, medication management apps, health and wellness apps, compounding pharmacy apps, and others. The app-based segment held a larger market share in 2022, and the same segment is anticipated to register a higher CAGR of 17.60% during the forecast period. By gender, the market is bifurcated into males and females. The females segment held a larger market share in 2022, and the same segment is anticipated to register a higher CAGR of 17.64% during the forecast period.

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TABLE OF CONTENTS

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. Asia Pacific Bitumen Additives Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Bitumen Additives Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
5. Asia Pacific Bitumen Additives Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Sustainability Offered by Bitumen Additives:
5.1.2 Rising Government Initiatives for Infrastructure Development
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Strategic Product Innovations and Research by Key Market Players
5.4 Future Trends
5.4.1 Development of Sustainable Bitumen Additives
5.5 Impact of Drivers and Restraints:
6. Bitumen Additives Market – Asia Pacific Market Analysis
6.1 Asia Pacific Bitumen Additives Market Volume (Kilo Tons), 2020 – 2030
6.2 Asia Pacific Bitumen Additives Market Revenue (US$ Million), 2020 – 2030
6.3 Asia Pacific Bitumen Additives Market Forecast and Analysis
7. Asia Pacific Bitumen Additives Market Analysis – Type
7.1 Polymeric Modifiers
7.1.1 Overview
7.1.2 Polymeric Modifiers Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Polymeric Modifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.2 Anti-Strip Agents
7.2.1 Overview
7.2.2 Anti-Strip Agents Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Anti-Strip Agents Market Volume and Forecast to 2030 (Kilo Tons)
7.2.3.1 Ethyleneamines
7.2.3.1.1 Overview
7.2.3.1.2 Ethyleneamines: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.1.3 Ethyleneamines: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.2 Polyamines
7.2.3.2.1 Overview
7.2.3.2.2 Polyamines: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.2.3 Polyamines: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.3 Amidoamines
7.2.3.3.1 Overview
7.2.3.3.2 Amidoamines: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.3.3 Amidoamines: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.4 Others
7.2.3.4.1 Overview
7.2.3.4.2 Others: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.4.3 Others: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3 Adhesion Promoters
7.3.1 Overview
7.3.2 Adhesion Promoters Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Adhesion Promoters Market Volume and Forecast to 2030 (Kilo Tons)
7.3.3.1 Silanes
7.3.3.1.1 Overview
7.3.3.1.2 Silanes: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.1.3 Silanes: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3.2 Maleic Anhydride
7.3.3.2.1 Overview
7.3.3.2.2 Maleic Anhydride: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.2.3 Maleic Anhydride: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3.3 Others
7.3.3.3.1 Overview
7.3.3.3.2 Others: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.3.3 Others: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.4 Emulsifiers
7.4.1 Overview
7.4.2 Emulsifiers Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Emulsifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.4.3.1 Anionic
7.4.3.1.1 Overview
7.4.3.1.2 Anionic: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3.1.3 Anionic: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.4.3.2 Cationic
7.4.3.2.1 Overview
7.4.3.2.2 Cationic: Asia Pacific Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3.2.3 Cationic: Asia Pacific Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.5 Surfactants
7.5.1 Overview
7.5.2 Surfactants Market Revenue and Forecast to 2030 (US$ Million)
7.5.3 Surfactants Market Volume and Forecast to 2030 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
7.6.3 Others Market Volume and Forecast to 2030 (Kilo Tons)
8. Asia Pacific Bitumen Additives Market Analysis – Application
8.1 Road Construction
8.1.1 Overview
8.1.2 Road Construction Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Roofing
8.2.1 Overview
8.2.2 Roofing Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Paints and Coatings
8.3.1 Overview
8.3.2 Paints and Coatings Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. Asia Pacific Bitumen Additives Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific Bitumen Additives Market Breakdown by Country
9.1.1.1 Bitumen Additives Market Breakdown by Country
9.1.1.2 Australia Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3 Australia Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.3.1 Australia Bitumen Additives Market Breakdown by Type
9.1.1.3.2 Australia Bitumen Additives Market Breakdown by Application
9.1.1.4 China Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.5 China Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.5.1 China Bitumen Additives Market Breakdown by Type
9.1.1.5.2 China Bitumen Additives Market Breakdown by Application
9.1.1.6 India Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.7 India Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.7.1 India Bitumen Additives Market Breakdown by Type
9.1.1.7.2 India Bitumen Additives Market Breakdown by Application
9.1.1.8 Japan Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.9 Japan Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.9.1 Japan Bitumen Additives Market Breakdown by Type
9.1.1.9.2 Japan Bitumen Additives Market Breakdown by Application
9.1.1.10 South Korea Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.11 South Korea Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.11.1 South Korea Bitumen Additives Market Breakdown by Type
9.1.1.11.2 South Korea Bitumen Additives Market Breakdown by Application
9.1.1.12 Rest of Asia Pacific Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.13 Rest of Asia Pacific Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.13.1 Rest of Asia Pacific Bitumen Additives Market Breakdown by Type
9.1.1.13.2 Rest of Asia Pacific Bitumen Additives Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis- By Key Players
10.2 Company Positioning & Concentration
11. Asia Pacific Bitumen Market Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Product Launch
12. Company Profiles
12.1 Nouryon Chemicals Holding BV
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ingevity Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kraton Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Arkema SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dow Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Honeywell International Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Huntsman International LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sasol Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 BASF SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Kao Corp
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix

In progress
In progress

The List of Companies – Digital Pharmacy Market
– Amazon.com Inc.
– Good Rx Holdings
– The Cigna Group
– CVS Health Corp
– Walmart Inc.
– Hims & Hers Health Inc.
– Roman Health Pharmacy LLC
– Apex Pharmacy Inc.
– LloydsPharmacy Ltd.
– Pharmacy2U Ltd.
– Docmorris NV
– Truepill

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