The GCC E-pharmacies Market is expected to grow at a CAGR of around 9% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the GCC E-pharmacies Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
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Possible Restraint: Existence of Counterfeit Drugs & Fraudulent Online Pharmacies
The prime factors hampering the growth of the GCC E-Pharmacy Market include the presence of counterfeit products & fraudulent online pharmacies, coupled with security & privacy concerns among users over their sensitive healthcare data. These unauthorized online retailers sell drugs not approved by the FDA, which increases the chances of people getting contaminated, as fake medications contain inappropriate components. Hence, these aspects shall remain the major growth restraints for the e-pharmacy industry in the GCC region over the forecast years.
Analyzing the Segmentations for the GCC E-pharmacies Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
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.)
By Operating Platform
-Website
-Applications
By Delivery Mode
-Direct
-Pharmacy
-Marketplace
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Exploring the Geographical Landscape of the GCC E-pharmacies Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman.
Do You Know Who are the Leading Companies in the GCC E-pharmacies Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the GCC E-pharmacies Market companies:
-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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Key Questions Addressed in the GCC E-pharmacies Market Research Report:
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