Market Overview: GCC E-pharmacies Market
MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on GCC E-pharmacies Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
GCC E-pharmacies Market Insights 2023-28
The GCC E-pharmacies Market is estimated to grow at a CAGR of around 9% during the forecast period 2023-28.
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Driving Innovation: Exploring the GCC E-pharmacies Market and its Key Driver
Growth Driver: Rising Consumer Dependence on E-commerce
The rapid rise in internet & smartphone penetration has significantly boosted the use of e-commerce platforms in the past few years as they provide a plethora of benefits, such as discounted rates, quick at-home deliveries, and a wide variety of product options. This boom in the e-commerce sector has directly impacted the e-pharmacy business by enabling the companies operating in the industry to capture an extensive consumer base. In addition, technological advances are enabling organizations to provide better & innovative services in order to enhance the satisfaction of users visiting their portals. Hence, these aspects are projected to enhance the GCC E-Pharmacies Market size during 2023-28.
Top Players in the GCC E-pharmacies Market:
-Care n Cure Pharmacy
-Wellcare Pharmacy
-BinSina
-Aster Pharmacy (Aster Online)
-Al Mutawa Pharmacies, Inc
-MediSouq
-Kulud Pharmacy
-Nahdi Pharmacy (Nahdi Medical Company)
-Medicina Pharmacy
-Nasser Pharmacy W.L.L.
-Others (NextDoorMed, etc.)
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Segmentation Analysis of GCC E-pharmacies Market
GCC E-pharmacies Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
By Drug Type
-Over-the-Counter (OTC) Drugs
-Prescription Drugs
By Product Type
-Cold and Flu
-Vitamins
-Skin Care
-Weight Loss
-Dental
-Others (Baby Care, Maternity Care, etc.)
- Among all, cold & flu is the major revenue generator for the GCC E-Pharmacies Market.
By Operating Platform
-Website
-Applications
By Delivery Mode
-Direct
-Pharmacy
-Marketplace
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A Comprehensive Geographical Analysis:
By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman
- Of all countries in GCC, the UAE is projected to acquire a significant share of the E-Pharmacies Market during 2023-28.
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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