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Global EPharmacy Market to Reach US$ 244.0 Billion by 2027
EPharmacy Market

Over the course of the forecast period, rising Internet usage is anticipated to drive the expansion of the worldwide Epharmacy Market. For instance, the number of households in the United States with a broadband connection climbed from 68% in January 2018 to 77% in February 2019, according to Pew Research Center. Geriatric population rise is also anticipated to support market expansion. For instance, the U.S. Census Bureau projects that by 2034, there will be 77 million elderly people living in the country. In terms of value, North America retained the top spot in the worldwide Epharmacy Market in 2019, with a 35.9% share, followed by Europe and Asia Pacific, respectively.

The expansion of the worldwide Epharmacy Market is anticipated to be constrained by the likelihood of substance abuse. Online retail platforms' easy access to regulated prescription medications such stimulants, anxiolytics, narcotic painkillers, and tranquil hypnotics is indirectly contributing to an increase in drug misuse cases and raising public health concerns.

 

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