Top 10 E-Pharmacy Companies in the World

Healthcare

Top 10 E-Pharmacy Companies in the World

The global e-pharmacy market reached a value of US$ 80.9 Billion in 2022. As per the analysis by IMARC Group, the top E-Pharmacy companies focus on providing better customer service. E-pharmacy offers the comfort and convenience of ordering medicines from home, which is driving the market growth. Furthermore, e-pharmacies are widely adopting new technological advancements, such as artificial intelligence and machine learning to enhance their services. As the geriatric population grows, the demand for medicines is also increasing. Due to this, the leading e-pharmacy companies are focusing on providing home delivery and online consultations. Moreover, the rising prevalence of chronic diseases and the growing healthcare expenditure are catalyzing the market. The escalating number of internet users is driving the growth of the e-pharmacy market as more individuals are able to access online pharmacies. Several top players in the e-pharmacy market are focused on providing online consultations, which saves patients time and money compared to in-person consultations. Besides this, the increasing demand for personalized healthcare and the rising regulatory support is offering numerous opportunities for the market. The emerging trend of self-medication and growing awareness about the benefits offered by e-pharmacies are creating a positive outlook for the market. The expansion of the e-commerce industry worldwide and the escalating demand for OTC medications are propelling the market. The rapid adoption of telemedicine and the increasing demand for home healthcare is bolstering the market. Additionally, the rising demand for generic medications, shortage of healthcare professionals, and expanding health insurance coverage are expected to provide a boost to the market. By 2028, the market value is expected to reach US$ 203.4 Billion, growing at a projected CAGR of 16.4% during 2023-2028.

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List of Top Companies Operating in the E-Pharmacy Industry:

The global e-pharmacy market has several major players, including CVS Health Corporation, DocMorris (Zur Rose Group AG), Express Scripts Holding Company (Cigna Corporation), Giant Eagle Inc., Lloyds Pharmacy Ltd (McKesson Corporation), Optumrx, Inc. (Unitedhealth Group Incorporated), Rowland Pharmacy, The Kroger Co, Walgreen Co (Walgreens Boots Alliance, Inc.) and Walmart Inc. More information about these companies has been provided below.

1. CVS Health Corporation

Establishment:

1963

Headquarters:

Rhode Island, United States

Website:

https://www.cvshealth.com/


The American healthcare firm CVS Health Corporation owns numerous brands, including Aetna, a health insurance provider; CVS Caremark, a chain of retail pharmacies; and CVS Pharmacy. One of the leading providers of healthcare and retail pharmacy services, the company provides prescription medications, beauty products, personal care products, healthcare products, as well as cosmetics, along with pharmacy benefit management (PBM) services, disease management and related services, and administrative services. It markets its products and solutions through various retail pharmacies, online retail pharmacy websites, onsite pharmacies, and clinics.

2. DocMorris (Zur Rose Group AG)

Establishment:

2000

Headquarters:

Heerlen, Netherlands

Website:

https://www.docmorris.de/


The Zur Rose Group is the biggest online pharmacy in Europe and a top wholesale supplier. The business provides clients and partners with a wide selection of goods and services in professional health, marketplace, and e-commerce pharmacy. The Company mostly sells prescription and non-prescription medicines for human use. With more than 10.4 million active clients being served by the company across Switzerland, Germany, the Netherlands, Spain, and France, it is one of the largest pharmacy companies across the globe.

3. Express Scripts Holding Company (Cigna Corporation)

Establishment:

1986

Headquarters:

Missouri, United States

Website:

https://www.express-scripts.com/


With over 100 million Americans under its coverage, Express Scripts is a pharmaceutical benefits management company acquired by Cigna Corporation in 2018. This merger has created a healthcare giant with various services, including pharmacy benefit management and health insurance. Through innovative programs, collaborative partnerships, and employee engagement initiatives, the company is dedicated to proactively improving customers' health.

4. Giant Eagle Inc.

Establishment:

1931

Headquarters:

Pennsylvania, United States

Website:

http://www.gianteagle.com/


Giant Eagle, Inc. is an American supermarket chain and pharmacy that operates in Pennsylvania, Ohio, West Virginia, Indiana, and Maryland. Apart from offering presecription medicines, the company also provides several immunizations throughout the year for influenza, pneumonia, and Shingrix. It further includes long term care plans for its customers due to which it partners with various facilities to provide distinct and customized pharmacy service options that are meant to optimize operations for better patient care and efficiency at affordable rates.

5. Lloyds Pharmacy Ltd (McKesson Corporation)

Establishment:

1973

Headquarters:

Coventry, England

Website:

https://lloydspharmacy.com/


The British pharmacy company Lloyds Pharmacy Ltd. trades under the brand LloydsPharmacy. It distributes over 150 million prescription goods annually and employs over 17,000 people. A leading community pharmacy as well as healthcare provider, the company delivers high quality outcomes for various chronic conditions, such as diabetes and CVDs while striving to support local communities in making effective and informed health decisions. LloydsPharmacy is run by highly trained and qualified pharmacists while operating from registered pharmacy premises under the General Pharmaceutical Council ( GPhC).

6. Optumrx, Inc. (Unitedhealth Group Incorporated)

Establishment:

2002

Headquarters:

California, United States

Website:

https://www.optumrx.com/public/landing


Optumrx, Inc. provides care with the assistance of technology and data, giving patients, partners, and physicians the direction and aid they need to better their health. Optum operates three businesses to provide services to its clients: Optum Health, Optum Insight, and Optum Rx. By concentrating on five strategic growth initiatives, team members from UnitedHealth Group, Optum, and UnitedHealthcare are working to promote our purpose to help people live healthier lives and contribute to making the health system function better for everyone.

7. Rowland Pharmacy

Establishment:

1810

Headquarters:

Cheshire, United Kingdom

Website:

https://rowlandspharmacy.co.uk/


Rowlands Pharmacy comprises a chain of over 521 centrally administered pharmacies. The fourth-largest pharmacy chain in the UK, Rowlands runs a prosperous online pharmacy with over 90,000 patients registered. Its gold standard is an Elite Pharmacy, which has been demonstrated to maximize patient benefits and health outcomes through exceptional delivery of both NHS and for-profit healthy living services. Rowlands's dedicated pharmacy services team works with various stakeholders, including manufacturers, to develop services that add commercial value. Rowlands emphasizes creating sustainable patient-centered services that suit both public and NHS needs.

8. The Kroger Co

Establishment:

1883

Headquarters:

Ohio, United States

Website:

https://www.thekrogerco.com/


The Kroger Company, or Kroger, is an American retailer that runs supermarkets and multi-department shops throughout the country (directly or through its subsidiaries). In addition to operating 2,720 retail grocery stores under its numerous banners and divisions in 35 states and the District of Columbia, it offer healthcare factities to its customers as well. Its pharmacies are staffed with experienced professionals who are dedicated to helping people lead healthier lives. It has received a few certifications that recognize individuals as well as organizations making extraordinary contributions toward better vaccination rates within their communities.

9. Walgreen Co (Walgreens Boots Alliance, Inc.)

Establishment:

1901

Headquarters:

Chicago, United States

Website:

https://www.walgreens.com/


One of the leading pharmacies in the world, Walgreen Co offers online medical products to its customers. The company distributes prescription refills, healthcare information, contact lenses, and other related products to the masses across the United States. It focuses on providing photo services, health and wellness items, and health information. Its corporate headquarters are in the Chicago suburb of Deerfield, Illinois, where it was established in 1901.

10. Walmart Inc.

Establishment:

1962

Headquarters:

Arkansas, United States

Website:

https://www.walmart.com


With its headquarters in Arkansas, Walmart Inc. is a multinational American retail company that runs a chain of hypermarkets (also known as supercenters), cheap department stores, and grocery shops in the United States. Apart from this, Walmart Pharmacy acts as an easy prescription experience that provides generic drugs and branded counterparts to its customers. Moreover, this segment of Walmart also offers affordable immunizations to help protect the masses from major infectious diseases at affordable costs.

About Author:

Aditi Kumar 

Senior Content Writer at IMARC Services Private Limited

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

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