Global Prescription Delivery Services Market Overview:
Obtaining a prescription from a doctor or other health care provider and then transporting it to a pharmacy can be cumbersome and time-consuming. Many people take their prescribed medications on a regular basis. Prescription delivery is a program that allows people to get their medications shipped to their homes. Many companies have created applications for the same reason, allowing you to share your prescription and have your medications delivered to your door. Prescription delivery services can request your prescription, surgery type, and other patient information in critical disease situations. Prescription delivery systems are the most convenient choice for obtaining drugs for repeat prescriptions. The dispensing of medications is done with extreme caution. Prescription distribution systems take care of such as secure prescription handling. If the medications need to be kept cold or refrigerated, the distribution should take place at the proper temperature when in transit. Prescription distribution systems ensure that the pharmacy is in charge of the protection of the medications and patient information before the customer receives it. The deliveries should be made straight from the pharmacy to the customer, with no delays or obstacles in the way. Some of the players profiled in the study are CVS Health Corporation (United States), Netmeds (India), Walgreen Co (United States), Amazon (United States), PillPack (United States), Apollo Pharmacy (India), LLOYDS Pharmacy Limited (United Kingdom), Optum Rx Inc. (United States), NowRx, Inc. (United States) and DocMorris (Germany).
On the basis of geography, the market of Prescription Delivery Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Delivery Type, the sub-segment i.e. Paid Delivery will boost the Prescription Delivery Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform Type, the sub-segment i.e. App-Based will boost the Prescription Delivery Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increased Access to Web-based and Online Services
- Rising Implementation of E-prescriptions in Hospitals and Other Healthcare Services
- The Rise in the Internet Penetration and Increase in the Usage of Smartphones
- Tie-ups and Partnerships of Drug Companies with E-Commerce Pharmacies
- Increasing Number of Illegal Online Pharmacies
- Growing E-Commerce Industry
- Celebrity Endorsements and Social Media Marketing
- Fast Delivery Options and Customised options
- Market limited to Urban Areas
Key Market Developments:
August 2020 – Amazon launched its online pharmacy service, named "Amazon Pharmacy" for both over-the-counter and prescription-based medicines in Bangalore, India. and June 2020- Walgreen Co. partnered with Adobe and Microsoft to personalize the shopping and healthcare experience of the customers.
The Market is highly competitive with several global and local players present in the market. The major players are trying various marketing strategies like mergers & acquisitions, expansions, investments, new service launches and collaborations and trying to Increase their product diversification to gain a competitive advantage in the Market
Manufacturers of Drug companies, Suppliers of Companies, Wholesalers, Distributors and Retailers of Companies, E-Commerce Companies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Prescription Delivery Services market on the basis of product [Therapeutic Drugs, Diabetes Drugs, Cholesterol Disorders Drugs, Wellness Supplements, OTC Drugs, Diagnostic Kits and Others] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Prescription Delivery Services market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Prescription Delivery Services industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are ZipDrug (United States), Newpharma (Belgium), Familymeds (United States) and Rowlands pharmacy (United Kingdom).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Prescription Delivery Services market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.