Prescription Delivery Service Market
Prescription Delivery Service Market Study by Cancer, Metabolic Disorders, Rheumatic Diseases, Orthopedic Diseases, Pulmonary Diseases, and Cardiac Diseases From 2024 to 2034
Analysis of Prescription Delivery Service Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Prescription Delivery Service Market Outlook (2024 to 2034)
The global prescription delivery service market is estimated to touch a valuation of US$ 192.32 million in 2024. The market has been forecasted to expand at a CAGR of 14.3% to achieve a size of US$ 734.15 million by the end of 2034.
Demand for prescription delivery services is increasing as more people worldwide are now looking for convenience in their everyday lives. Particularly for those with chronic diseases or limited mobility, patients appreciate the convenience of having their medications delivered right to their homes.
Prescription delivery services and online pharmacies are expanding in several countries due to the development of e-Commerce and mobile health technologies. The market is expanding because patients ordering prescriptions more widely through websites and applications. Prescription delivery services are gaining popularity among the aged population as several face difficulties in visiting pharmacies.
The North American region is estimated to account for 36% of the worldwide market share in 2024 due to the high demand for convenience and well-established healthcare infrastructure. Furthermore, a high adoption rate of e-Commerce and advancement in logistics technology are further contributing to the market expansion in the region. The market in Western Europe is projected to reach a valuation of US$ 44.07 million in 2024 due to the rising acceptance of prescription delivery services, particularly from the aging population.
Based on disease or condition type, the cancer segment is analyzed to hold a 23.4% portion of the revenue in 2024. Demand for prescription delivery services is particularly high for cancer patients as this disease type’s treatment often involves complex regimens that require more medications, which is sometimes challenging for patients to manage, especially those experiencing side effects that affect their mobility or ability to visit pharmacies.
Report Attribute | Detail |
---|---|
Prescription Delivery Service Market Size (2024E) | US$ 192.32 Million |
Forecasted Market Value (2034F) | US$ 734.15 Million |
Global Market Growth Rate (2024 to 2034) | 14.3% CAGR |
North America Market Share (2024E) | 36% |
Western Europe Market Value (2024E) | US$ 44.07 Million |
South Asia & Pacific Market Growth Rate (2024 to 2034) | 19.4% CAGR |
Cancer Segment Value (2034F) | US$ 205.64 Million |
Paid Delivery Segment Value (2034F) | US$ 382.73 Million |
Key Companies Profiled | Walmart Inc.; Walgreens Boots Alliance Inc.; Truepill Inc.; Medly Pharmacy; Express Scripts Holding Company; Rowlands Pharmacy; GoodRx Holdings Inc.; PillPack LLC; Nimble Pharmacy; CVS Health Corporation; Rite Aid Corporation; DocMorris (Zur Rose Group AG); Kroger Co. |
The process of collecting a prescription from a doctor or health care professional, and then taking it to the pharmacy is inconvenient and time-consuming. Many people use prescribed medicines regularly. Prescription delivery is a service where people get their prescribed medicines delivered at home.
Many companies have developed apps for the same purpose where you share the prescription and the medicines are delivered to the doorstep. In critical disease conditions, the Prescription delivery services ask for your prescription, surgery type, and other patient details. Prescription delivery services are the best for repeated prescriptions as it is the most convenient option for availing medications. The dispensing of drugs is taken care of with all the precautions.
The precautions taken by Prescription delivery services include proper storage of drugs, if the drugs require cold storage or refrigeration then the delivery should happen at the correct temperature during transit. Prescription delivery services make sure that the pharmacy is responsible for the security of the medicine's patient information until it is received by the user. The deliveries should be directly from the pharmacy to the patient without any stoppages and hindrance in between the process.
The Prescription delivery works in just three steps :
- Patient has to send the prescription.
- The delivery is noted and confirmed by the Prescription delivery services.
- The medication is safely delivered to your home.
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Prescription delivery services market: Drivers and restraints
The increasing geriatric population, and increasing lifestyle changes leading to acute and chronic disease owe to drive the Prescription delivery services market. The availability of drugs for chronic and critical diseases via Prescription delivery services is a major advantage for the market growth.
Proper adherence to medications is challenging In terms of going out to the drug store and buying the same medication repeatedly. By Prescription delivery service, one ensures that the medication schedule is properly maintained by easing out the buying process. Higher medication accuracy is another driving factor for the Prescription delivery services market as the buyer has confidence that the medicines delivered home are correct, with the right dosage forms. This even reduces hospitalization.
Greater efficiency obtained by Prescription delivery services due to the use of computer technology is a boon to the pharmacy management system. Prescription delivery services aid in even lower medical waste as unused and un-prescribed medications become waste in a longer time leading to adverse financial and environmental consequences. Prescription delivery services also help in saving money. It is reported that in the US, around US$ 100000 to US$ 300000 Million is an additional medical cost that is avoided. Reduction in cost due to filling in prescriptions and aid to pharmacists to focus on the end user needs to make the Prescription delivery services market a lucrative opportunity.
However, certain specialty drugs take time to get delivered and unavailability at critical times is a major restraint of the Prescription delivery services market growth. Lack of awareness amongst delivery professionals about important delivery checkpoints like storage temperature in lower economic countries set back the Prescription delivery services growth. Unawareness about such Prescription delivery services amongst illiterate aged or lower economic populations that benefit from the technology restrains the growth of this market.
Prescription Delivery Services Market: Overview
Prescription delivery services are a demanding need for the future. Increasing studies of research indicate a various number of ways from which the patients benefit from Prescription delivery services. These factors are included as part of a complete medication management program. A study in 2016 by the International Stroke Conference made a study on nearly 100,000 patients after getting discharged from the hospital.
The ones who got their medications by Prescription delivery services achieved adherence of 74%. The patients who used a traditional pharmacy could adhere by only 47% adherent. A study made on on error rate of Prescription delivery services and traditional drug stores showed that the drug store error rate was 1 in 50 prescriptions filled while that of Prescription delivery services was less than 1 in 1000.
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Prescription delivery services Market: Region-wise outlook
The US is a leader in Prescription delivery services as many top companies operate here. Increasing research and development in the USA and the UK on cancer and other chronic conditions make a good opportunity for Prescription delivery services. Increasing healthcare expenditure on health insurance and treatment also makes the Prescription delivery services a future choice for the delivery of drugs to the patients.
The key participants operating in the global prescription delivery services market are :
Pill pack, CVS pharmacy, Capsule Corporation, Now RX, AllianceRx Walgreens Prime, Walmart, ZipDrug, Pharmacy2U limited, Lloyds pharmacy limited, Practo, 1mg, Netmeds Marketplace Ltd., Grabmeds, Costco Wholesale Corporation, and others.
The research report on Prescription delivery services presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on Prescription delivery services provides analysis and information according to market segments such as geographies, applications, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, UK, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (India, ASEAN, Australia & New Zealand)
- China
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation of Prescription Delivery Service Market Research
-
By Disease or Condition Type :
- Cancer
- Metabolic disorders
- Rheumatic diseases
- Orthopedic diseases
- Pulmonary diseases
- Cardiac diseases
-
By Delivery :
- Paid delivery
- Free delivery
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Disease Or Condition Type 6.2. Delivery 7. Global Market Analysis and Forecast, By Disease Or Condition Type 7.1. Cancer 7.2. Metabolic disorders 7.3. Rheumatic diseases 7.4. Orthopedic diseases 7.5. Pulmonary diseases 7.6. Cardiac diseases 8. Global Market Analysis and Forecast, By Delivery 8.1. Paid delivery 8.2. Free delivery 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Disease Or Condition Type and Delivery for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Pill Pack 19.2. CVS Pharmacy 19.3. Capsule Corporation 19.4. Now RX 19.5. AllianceRx Walgreens Prime 19.6. Walmart 19.7. ZipDrug 19.8. Pharmacy2U Limited 19.9. Lloyds Pharmacy Limited 19.10. Practo 19.11. 1mg 19.12. Netmeds Marketplace Ltd. 19.13. Grabmeds 19.14. Costco Wholesale Corporation
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Disease Or Condition Type
Table 3: Global Market US$ Mn Forecast by Delivery
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Disease Or Condition Type
Table 6: North America Market US$ Mn Forecast by Delivery
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Disease Or Condition Type
Table 9: Latin America Market US$ Mn Forecast by Delivery
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Disease Or Condition Type
Table 12: Western Europe Market US$ Mn Forecast by Delivery
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Disease Or Condition Type
Table 15: Eastern Europe Market US$ Mn Forecast by Delivery
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Disease Or Condition Type
Table 18: East Asia Market US$ Mn Forecast by Delivery
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Disease Or Condition Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by Delivery
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Disease Or Condition Type
Table 24: MEA Market US$ Mn Forecast by Delivery
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Disease Or Condition Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Delivery
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the prescription delivery service market in 2024?
The global market for prescription delivery services is estimated at US$ 192.32 million in 2024.
What is the future of the prescription delivery service market?
Worldwide demand for prescription delivery services is projected to reach US$ 734.15 million by 2034.