The Australia e-pharmacy market size reached USD 3.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 10.4 Billion by 2033, exhibiting a growth rate (CAGR) of 13.2% during 2025-2033. The market is driven by the rise in internet access and smartphone usage and heightened dependence on smartphones for regular activities, increasing focus on mandatory licensing, prescription authentication procedures, and adherence to standards, and prevalence of chronic diseases among the masses.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 3.0 Billion |
Market Forecast in 2033 | USD 10.4 Billion |
Market Growth Rate 2025-2033 | 13.2% |
Rising Internet Penetration and Smartphone Adoption
The rise in internet access and smartphone usage is impelling the growth of the market. According to Datareportal’s Global Digital Report 2024, 96.4% of Australians have internet access, with a growing dependence on smartphones for regular activities. The convenience of buying medicines online is thus becoming more attractive. Customers increasingly value digital channels that are convenient to compare, provide access to a diverse portfolio of drug products, and allow home delivery. This phenomenon is especially noted among younger generations, which are technologically advanced, and urban professionals with hectic lifestyles who focus on efficiency. In addition, the inclusion of easy-to-use mobile apps by large chain pharmacies and upstarts has increased customer satisfaction, with capabilities such as e-prescription upload, artificial intelligence (AI)-powered health suggestions, and live monitoring.
Supportive Regulatory Framework and Government Initiatives
Australia's regulatory environment is evolving to accommodate the growing digital health ecosystem, including e-pharmacy operations. The Therapeutic Goods Administration (TGA), in collaboration with the Pharmacy Board of Australia, is presenting precise online pharmacy practice guidelines for consumer protection and drug legitimacy. The specifications involve mandatory licensing, prescription authentication procedures, and adherence to standards for keeping and dispensing medicines. Additionally, the Australian Government-led Electronic Prescriptions program has ensured a smooth digital prescription process throughout the nation. The government allocated $111.8 million over four years and $24.2 million ongoing funding to present electronic prescription delivery infrastructure and related developments via the 2023-24 Budget. This allowed patients to have digital prescriptions, which makes physical trips and paper prescriptions obsolete.
Aging Population and Increasing Occurrence of Chronic Disease Management
Australia's aging population is driving the demand for long-term and convenient healthcare options, such as access to prescription drugs. The 2024 Population Statement unveiled that more than 2.1 million individuals aged 75 and above were present in Australia in 2024. With an increase in aging population, the incidence of chronic diseases among them is rising. E-pharmacies are poised to address these demands with recurring delivery services, medication reminders, and convenient access to pharmacist consultations through telehealth services. For elderly individuals with mobility issues or for those who live in remote locations, e-pharmacies offer a valuable service by removing the need to travel to obtain prescriptions. In addition, subscription models and integrated health monitoring services facilitate uniform adherence to medications, enhancing patient outcomes and lightening the load on public health infrastructure.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on drug type, product type, platform, and payment method.
Drug Type Insights:
The report has provided a detailed breakup and analysis of the market based on the drug type. This includes over the counter (OTC) drugs and prescription drugs.
Product Type Insights:
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes skin care, dental, cold and flu, vitamins, weight loss, and others.
Platform Insights:
A detailed breakup and analysis of the market based on the platform have also been provided in the report. This includes app-based and web-based.
Payment Method Insights:
A detailed breakup and analysis of the market based on the payment method have also been provided in the report. This includes cash on delivery and online payment.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Drug Types Covered | Over the Counter (OTC) Drugs, Prescription Drugs |
Product Types Covered | Skin Care, Dental, Cold and Flu, Vitamins, Weight Loss, Others |
Platforms Covered | App-Based, Web-Based |
Payment Methods Covered | Cash on Delivery, Online Payment |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: