{"id":170968,"date":"2021-07-06T10:31:58","date_gmt":"2021-07-06T05:01:58","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=170968"},"modified":"2021-07-06T10:31:58","modified_gmt":"2021-07-06T05:01:58","slug":"covid-19-drew-more-than-2-7-billion-visits-to-global-epharmacies-in-96-countries-in-q121","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/covid-19-drew-more-than-2-7-billion-visits-to-global-epharmacies-in-96-countries-in-q121\/","title":{"rendered":"COVID-19 Drew More Than 2.7 Billion Visits to Global ePharmacies in 96 Countries in Q1&#8217;21"},"content":{"rendered":"<ul>\n<li>Prescription medicine sold online in 47 out of the 96 countries that have ePharmacies<\/li>\n<li>Increase in visits represents a whooping 43% year-over-year growth rate<\/li>\n<li>New research reveals significant opportunity for the Consumer Healthcare Industry to shift consumers&#8217; mindsets around OTC, Rx &amp; FMCG online sales<\/li>\n<\/ul>\n<p>Consumers and patients globally have turned to digital platforms to purchase their prescription (Rx), non-prescription (OTC) medication and para pharmacy products with more than <b>2.7 billion online visits<\/b>\u00a0to leading ePharmacies across\u00a0<b>96 countries\u00a0<\/b>in Q1\u201921. This represents an astonishing\u00a0<b>43% growth rate<\/b>\u00a0compared to Q1\u201920.<\/p>\n<p>The details of this global research have been published online at\u00a0<b>epharmacydata.com<\/b>.<\/p>\n<p>The study highlights the unique opportunity for Consumer Healthcare Retailers and Manufacturers to address the new habits of consumers and patients purchasing their <b>prescription (Rx)<\/b>\u00a0and\u00a0<b>non-prescription (OTC)<\/b>\u00a0medicine and <b>para pharmacy<\/b>\u00a0products online. Out of the 96 countries having at least 1 online pharmacy, consumers can order their<b> prescription drugs online in<\/b>\u00a0<b>47 countries. <\/b><\/p>\n<p><b>The COVID-19 pandemic,\u00a0<\/b>wide adoption of\u00a0<b>electronic prescription<\/b>,and the modernisation of <b>last-mile logistics <\/b>have worked wonders towards allowing the sale of prescription drugs through eCommerce in the last year<b>,\u00a0<\/b>something that was unimaginable 5 years ago in most of the 47 countries. For example, in April 2020 the State Duma of the Russian Federation legalized within days, after years of deliberation, the online sales of prescription and over-the-counter drugs, with the exception of narcotic and psychotropic drugs.<\/p>\n<p><strong>Online Pharmacies are one of the fastest rising eCommerce sectors in the world:<\/strong><\/p>\n<p>\u25cf\u00a0<b>Amazon invested<\/b>\u00a0heavily in the industry with the acquisition of\u00a0<b>PillPack<\/b>\u00a0in 2020.<\/p>\n<p>\u25cf\u00a0<b>JD Health<\/b>, a unit of\u00a0<b>JD.com Inc<\/b>., increased its revenue, jumping to a +76% year-over-year growth to $1.34 billion, in the first six months of 2020.<\/p>\n<p>\u25cf\u00a0<b>Alibaba<\/b>-backed\u00a0<b>Alibaba Health<\/b>\u00a0posted a +74% revenue increase over the March to September 2020 period.<\/p>\n<p>\u25cf While brick and mortar pharmacy chains such as\u00a0<b>CVS<\/b>\u00a0&amp;\u00a0<b>Walgreens<\/b>\u00a0in the USA surpass\u00a0<b>100 million online visits\u00a0<\/b>and\u00a0<b>Boots averages<\/b><b>20 million online visits<\/b>, pure eCommerce players such as <b>1mg<\/b> in India, <b>Consultaremedios<\/b>\u00a0in\u00a0<b>Brazil<\/b>\u00a0and\u00a0<b>Apteka\u00a0<\/b>in<b>\u00a0Russia<\/b>\u00a0have been growing extremely fast, with more than\u00a0<b>20 million visits per month on average<\/b>\u00a0for the last 6 months, disrupting global markets with services such as doctors appointments booking, marketplace capabilities and online consultations.<\/p>\n<p>The research was performed by\u00a0<span class=\"bwuline\"><b>Convert Group<\/b><\/span>, the leading global ePharmacy Data firm that Consumer Healthcare &amp; FMCG Manufacturers such as Bayer, GSK, J&amp;J, L&#8217;Or\u00e9al, Nestl\u00e9, P&amp;G, Perrigo, Pierre Fabre, Reckitt Benckiser, Roche, Unilever, and others trust for their data-driven strategy and sell-out insights on the eCommerce channel. Traffic data was drawn with permission from\u00a0<b>Similarweb<\/b>, the global leading provider of digital market intelligence, for\u00a0<b>3.478 Online Pharmacies<\/b>\u00a0in\u00a0<b>96 Countries<\/b>\u00a0across all continents.<\/p>\n<p><strong>Key findings include:<\/strong><\/p>\n<p>\u25cf\u00a0<b>47 in 96 countries<\/b>\u00a0allow the online ordering of\u00a0<b>prescription medicine (Rx)<\/b><\/p>\n<p>\u25cf\u00a0<b>88 in 96 countries\u00a0<\/b>allow the online ordering of non-prescription medicine (OTC). The only countries prohibiting it are Algeria, Cyprus, Greece, Morocco and Turkey.<\/p>\n<p>\u25cf\u00a0<b>North America\u00a0<\/b>was the region with the highest growth, with online visits increasing by +<b>114%.\u00a0<\/b>Online visits increased by +<b>80%\u00a0<\/b>in\u00a0<b>South America\u00a0<\/b>and +<b>78%<\/b>\u00a0in\u00a0<b>Northern Africa<\/b>.<\/p>\n<p>\u25cf\u00a0<b>Sweden\u00a0<\/b>was the leading country with\u00a0<b>18,001 visits to online pharmacies per 1,000 residents<\/b>, followed by\u00a0<b>13,208 visits\u00a0<\/b>per 1,000 residents in\u00a0<b>Bulgaria, 10,418 visits\u00a0<\/b>per 1,000 residents\u00a0<b>in Lithuania, and\u00a0<\/b>x<b>\u00a09,739 visits\u00a0<\/b>per 1,000 residents<b>\u00a0in the UK.<\/b><\/p>\n<p>\u25cf\u00a0<b>Brazil<\/b>\u00a0has the most<b>\u00a0tier1 online pharmacies\u00a0<\/b>(pharmacies with more than 5M visits per average month in Q1\u201921) with\u00a0<b>6<\/b>\u00a0total, followed by\u00a0<b>Russia<\/b>\u00a0with\u00a0<b>4,\u00a0<\/b>and the\u00a0<b>U.S.<\/b>,\u00a0<b>UK<\/b>\u00a0and\u00a0<b>India<\/b>\u00a0with\u00a0<b>3<\/b>\u00a0each.<\/p>\n<p><strong>Panayotis Gezerlis, CEO of Convert Group, commented:<\/strong>\u00a0&#8220;During the first lockdown we saw the majority of patients &amp; consumers across countries adopting online purchase habits from ePharmacies with tremendous speed. Many of the newcomers were also supported by\u00a0<b>ePrescription legislation<\/b>\u00a0being adopted across a number of countries, beside the current global eCommerce hype. In some countries more than\u00a0<b>20%\u00a0<\/b>of Consumer Healthcare revenues are now originating online. We feel that, with the current growth trends, it is likely that\u00a0<b>by 2035 more than half of the total sales of Rx, OTC and para pharmacy products will be happening online, <\/b>in the majority of global markets.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prescription medicine sold online in 47 out of the 96 countries that have ePharmacies Increase in visits represents a whooping 43% year-over-year growth rate New research reveals significant opportunity for the Consumer Healthcare Industry to shift consumers&#8217; mindsets around OTC, Rx &amp; FMCG online sales Consumers and patients globally have turned to digital platforms to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12377],"tags":[32570,13623],"class_list":{"0":"post-170968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-covid-19","8":"tag-epharamacy","9":"tag-epharmacies"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/170968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=170968"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/170968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media\/18750"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=170968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=170968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=170968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}