Telepharmacy is considered to be a way of delivering pharmaceutical products and care by the means of telecommunication to different patients. This way patients can receive their medicines and other pharmaceutical care items in the comfort of where they can get the services easy. Some of the services given are patient counseling, drug therapy monitoring, and refill authorization for the prescribed drugs, monitoring or formulary compliance by the means of videoconferencing or teleconferencing and prior authorization of prescribed drugs. Other services are taking medicines to remote places and also labeling the systems. These services can be given at your retail pharmacy places or even through the nursing homes, hospitals, and other medical facilities.
This report contains market size and forecasts of Telepharmacy in Global, including the following market information:
Global Telepharmacy Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Telepharmacy market was valued at 56720 million in 2021 and is projected to reach US$ 73490 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Remote Order Entry Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Telepharmacy include Pipeline Health Holdings, LLC, Medication Review, Inc., NorthWest TelePharmacy, One Touch Telehealth, Comprehensive Pharmacy Services, Inc, MedTel Services, PipelineRx and TelePharm, LLC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Telepharmacy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Telepharmacy Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Telepharmacy Market Segment Percentages, by Type, 2021 (%)
Remote Order Entry
Pharmacy Consultation
Others
Global Telepharmacy Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Telepharmacy Market Segment Percentages, by Application, 2021 (%)
Hospitals
Primary Care Centers
Others
Global Telepharmacy Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Telepharmacy Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Telepharmacy revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Telepharmacy revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Pipeline Health Holdings, LLC
Medication Review, Inc.
NorthWest TelePharmacy
One Touch Telehealth
Comprehensive Pharmacy Services, Inc
MedTel Services
PipelineRx
TelePharm, LLC