Telepharmacy Market Overview with COVID-19 Impact and Forecast Report by 2027

Posted by soham patil on November 12th, 2020

Latest published report on the Telepharmacy market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027. The report is based on an extensive study supervised by adept analysts. Their sound knowledge and expertise in the field help in unearthing of factors and figures. The report is fulfilled with a volume-wise and value-wise analysis.

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Telepharmacy offers consultation to patients living in remote locations, thereby ensuring access to quality healthcare and medical services. Also, it provides prescription services at low cost. Telepharmacy saves on the extra expenses needed to spend money to employ pharmacist.

Market Drivers

Rise in prevalence of diseases is the key driving factor which is expected to boost the global Telepharmacy market growth. Furthermore, Telepharmacy offers pharma-care services at minimal costs which is expected to propel the market growth during this forecast period. Tele-pharmacy saves additional costs needed for capital investments and hiring a pharmacist. Also, increase in penetration of internet coupled with increase in number of internet user will positively contribute the market growth. Moreover, rise in prevalence of infectious diseases like COVID 19 has resulted in social distancing and lockdowns. Therefore, people prefer E-health services to limit exposure and risk of infection which is expected to fuel the market growth in near future.

Market Restraints

However, major drawback of telepharmacy lies in the lack of complete control dispensing drugs to patients which is expected to hinder the global telepharmacy market growth.

Market Key Players

Various key players are discussed in this report such as Telepharmacy Solutions, Inc, Medication Review, Inc. Pipeline Health Holdings, North West TelePharmacy Solutions, AMN Healthcare, McKesson Ventures, Mitsui & Co., Inc, and others

Market Taxonomy

By Service

  • Remote Order Entry
  • Pharmacy Consultation
  • Others

By End Use

  • Hospitals
  • Primary Care Centers
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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soham patil

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soham patil
Joined: September 1st, 2020
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