Argentina E-Pharmacy Market Overview, 2028

Argentina E-Pharmacy Market Overview, 2028

In Argentina, e-pharmacies are required to comply with strict prescription regulations. Prescription medications cannot be sold without a valid medical prescription, even in an online environment. E-pharmacies must have mechanisms in place to verify and validate prescriptions before dispensing prescription medications. This ensures patient safety and prevents the misuse or abuse of prescription drugs. Furthermore, e-pharmacy platforms in Argentina often offer competitive pricing and discounts on medications and healthcare products. These platforms leverage their digital infrastructure and partnerships with manufacturers to negotiate better prices, resulting in cost savings for consumers. Special promotions, loyalty programs, and exclusive discounts are common features, making e-pharmacy a cost-effective option for accessing healthcare products. In addition, e-pharmacy platforms in Argentina go beyond just medication sales. Many platforms integrate additional pharmacy services to enhance the customer experience. These services may include medication reminders, medication management apps, drug interaction checkers, and dosage calculators. By integrating these services, e-pharmacies aim to support medication adherence and improve patient outcomes. Furthermore, e-pharmacies in Argentina recognize the importance of customer education and empowerment. They provide detailed product descriptions, usage instructions, and safety information to help customers make informed decisions about their health and medication usage.

According to the research report ""Argentina E-Pharmacy Market Overview, 2028,"" published by Bonafide Research, the Argentina e-pharmacy market is expected to grow at more than 14.89% CAGR from 2023 to 2028. E-pharmacy platforms in Argentina are streamlining the prescription fulfilment process. They offer services such as online prescription uploads virtual consultations with healthcare professionals, and prescription delivery to customers' homes. By digitizing and simplifying the prescription process, e-pharmacies enhance convenience and eliminate the need for physical visits to pharmacies. Furthermore, e-pharmacies in Argentina are increasingly focusing on sustainability and eco-friendly practises. They opt for environmentally friendly packaging, promote recycling programs, and priorities the use of eco-friendly materials in their operations. These initiatives align with growing consumer concerns about sustainability and contribute to a more environmentally conscious e-pharmacy sector. In addition, e-pharmacies in Argentina are focusing on improving their delivery services to offer faster and more convenient options. They are implementing same-day and express delivery services, ensuring that customers receive their medications and healthcare products promptly. This trend caters to the increasing demand for quick and reliable delivery, particularly for urgent medications. Furthermore, some popular e-pharmacies in Argentina include Farmacity, Droguera del Sud, Farmalisto, Avenida, FarmaciasDirect, Farmacity Online, La Roche-Posay Argentina, Vittal, PromoFarma, and Farmacias Económicas.

Vitamins & Minerals focuses on products that provide essential vitamins and minerals to support overall health and well-being. E-pharmacies in Argentina offer a wide range of vitamin and mineral supplements, including multivitamins, vitamin C, vitamin D, B-complex vitamins, calcium, magnesium, and iron. These supplements are commonly used to address nutritional deficiencies, boost immunity, and support various bodily functions. Furthermore, Allergy & Food Intolerance caters to individuals with allergies and food intolerances. E-pharmacies provide a variety of allergy medications, such as antihistamines, nasal sprays, and eye drops, to alleviate allergy symptoms caused by pollen, dust, pet dander, and other allergens. Additionally, they offer products for food intolerance management, including lactose-free and gluten-free options, to accommodate dietary restrictions. In addition, Cold & Flu caters to individuals seeking relief from symptoms associated with the common cold and flu. E-pharmacies offer a variety of over-the-counter cold and flu medications, including pain relievers, cough syrups, nasal decongestants, throat lozenges, and fever reducers. These products help alleviate symptoms such as fever, congestion, cough, sore throat, and body aches.

In Argentina, there are several organisations and associations that play a role in the e-pharmacy sector. For instance, the Cámara Argentina de Farmacias Online (CAFARO) is an association that represents online pharmacies in Argentina. It aims to promote the development of e-pharmacy, establish industry standards, and advocate for the interests of its members. Furthermore, the Colegio de Farmacéuticos de la Ciudad de Buenos Aires (COFA) is the professional organisations representing pharmacists in the City of Buenos Aires. While not specifically focused on e-pharmacy, COFA provides guidance and support to pharmacists in adapting to digital technologies and ensuring safe and ethical pharmacy practises. Moreover, Confederación Farmacéutica Argentina (COFA) is a national federation of pharmacy associations in Argentina. It represents the interests of community pharmacies and promotes their role in providing healthcare services. While not exclusively focused on e-pharmacy, COFA works to address the regulatory and professional aspects related to digital health and pharmacy services. In addition, the Asociación de Empresas de Medicina a Distancia (ADEMED) is an association dedicated to promoting and regulating distance medicine practises, which include telemedicine and e-pharmacy services. It brings together companies and organisations involved in remote healthcare delivery and advocates for the development of regulatory frameworks that ensure patient safety and quality of care.

Considered in this report
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Argentina E-Pharmacy market with its value and forecast along with its segments
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Drug Type
• Prescription drug
• Over-the-counter drug

By Product Type Channel
• Skin Care (Skin diseases & skin injuries)
• Allergy & food intolerance, Stomach, Intestines & Digestion
• Diabetes Care
• Heart care, circulation & veins, BP, cholesterol
• Orthopedic (muscles, bones, joints)
• Urology (Bladder, Kidney & Prostate)
• Animal pharmacy
• Naturopathy
• ENT (Eyes, ears, Tooth & Mouth)
• Cold flu
• vitamins & minerals
• Cosmetics
• Painkiller
• Others (gynec, Calm down, sleep & stress, sexuality, Lose weight, Diet & Lifestyle, Self-tests & everyday aids, smoking cessation)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to ready to E-Pharmacy industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.