E-prescriptions are driving strong demand for pharmacy delivery services
· Driven by a change in customer needs during the Covid pandemic, e-prescriptions are now widely being adopted by thehealthcare industry as a more efficient and convenient solution for patients and staff. Prescribers can process prescriptions withless enquiries, while dispensers can manage stock control more effectively, with the ultimate patient benefitting from a morestreamlined and convenient end-to-end experience
· With this change in dynamics, pharmacy delivery providers are seeing strong growth in their services, with patients now receivingdelivery of their prescriptions direct to their homes. The global prescription delivery service market stood at $157.1m in 2022and is anticipated to reach $396.5m by 2029, growing at a CAGR of 16.7% in the forecastperiod 2023-2029
· Global players of prescription delivery services include Walgreens, CVS Health, Express Scripts, Walmart Stores and Zur RoseGroup. These large players, however, have experienced strong competition, with several new and innovative startups emerging,offering same-day delivery services nationwide. North America is the largest market of these services, with a share of 55,followed by Europe with over 23% market share
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