Canada E-Pharmacy Market Overview, 2028
E-pharmacies have gained popularity in Canada due to their convenience. Canadians can order their medications from the comfort of their homes, eliminating the need to visit a physical pharmacy. This is especially beneficial for individuals with mobility issues, those living in remote areas, or those with limited access to traditional pharmacies. Furthermore, e-pharmacies in Canada typically require a valid prescription from a licensed healthcare professional before dispensing prescription medications. This ensures that patients receive the appropriate medications and dosage for their conditions. Some e-pharmacies may have their own online consultation services to connect patients with healthcare professionals to obtain prescriptions. Moreover, e-pharmacies in Canada typically offer home delivery services for medications, ensuring that patients receive their prescriptions in a timely manner. Delivery options may vary, including standard shipping or expedited delivery for urgent medications. Some e-pharmacies may also provide tracking capabilities, allowing patients to monitor the progress of their deliveries. In addition, e-pharmacies in Canada are increasingly embracing e-prescriptions, which are electronic prescriptions sent directly from healthcare providers to the e-pharmacy's system. This digital method eliminates the need for paper prescriptions and enhances efficiency in the prescription fulfilment process.
According to the research report ""Canada E-Pharmacy Market Overview, 2028,"" published by Bonafide Research, the Canada e-pharmacy market is projected to reach market size more than USD 10 Billion by 2028. The adoption of e-pharmacy services has been on the rise in Canada. More Canadians are recognizing the convenience and accessibility of ordering medications and healthcare products online. This trend has been further accelerated by the COVID-19 pandemic, which has led to a greater reliance on digital healthcare services. Furthermore, some e-pharmacies in Canada are taking steps towards implementing environmentally sustainable practises. This includes minimizing packaging waste, promoting the use of recyclable materials, and reducing carbon emissions associated with transportation. By prioritizing sustainability, e-pharmacies are aligning with the broader trend of environmentally conscious consumerism. Moreover, as e-pharmacies handle sensitive patient information, ensuring robust cybersecurity measures is crucial. E-pharmacies are continuously enhancing their cybersecurity infrastructure to protect against data breaches and unauthorized access. This includes encryption, multi-factor authentication, and regular security audits. In addition, e-pharmacies are expanding their offerings to include telepharmacy services, which allow patients to consult with pharmacists via video calls or phone calls. Telepharmacy services provide convenient access to medication expertise, medication counselling, and medication management, especially for individuals in remote areas or with limited mobility.
Canadians are increasingly inclined towards using natural and organic skincare products. They are looking for products that are free from harmful chemicals, environmentally friendly, and promote overall well-being. Skincare products catering to skin diseases and injuries often include natural and organic ingredients, which align with the preferences of Canadian consumers. Furthermore, e-pharmacy platforms provide convenience and accessibility for consumers to purchase skincare products online. These platforms offer a wide range of skincare products, including cleansers, moisturizers, ointments, creams, and specialized treatments for various skin conditions. The ease of browsing and ordering products online contributes to the growth of the e-pharmacy market for skincare in Canada. In addition, some individuals may feel uncomfortable discussing certain skin conditions openly or seeking in-person consultations. E-pharmacy platforms offer a discreet environment for consumers to research and purchase skincare products related to sensitive or personal skin conditions. The ability to order products online with discreet packaging and confidential transactions appeals to those seeking privacy and convenience.
Health Canada is the federal department responsible for regulating health products, including pharmaceuticals, in Canada. It ensures that e-pharmacies comply with federal laws and regulations related to the sale and distribution of medications. Furthermore, each province and territory in Canada has its own regulatory body responsible for overseeing pharmacy practice and regulation within its jurisdiction. These bodies, such as the Ontario College of Pharmacists or the Collège des pharmacies du Québec, regulate and license pharmacists and pharmacies, including e-pharmacies, within their respective regions. Moreover, pharmacy associations, such as the Canadian Pharmacists Association (CPhA), represent and advocate for the interests of pharmacists and pharmacy professionals across Canada. They may also provide guidance and resources to e-pharmacies on best practises, professional standards, and ethical considerations. In addition, licensed pharmacists play a crucial role in e-pharmacies. They review and verify prescriptions, provide medication counselling and advice, and ensure the safe and appropriate dispensing of medications. Pharmacists in e-pharmacies are responsible for adhering to professional standards and guidelines as well as maintaining patient confidentiality and privacy.
Considered in this report
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• Canada 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 audienceThis 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.