Report

June 2000

The ePharmacy Opportunity


Elizabeth Boehm
Over the next two years, successful online pharmacies will shift from building infrastructure to providing pharmacy services that help patients comply with drug therapies -- boosting drug spend by nearly 1% in 2004.
by Elizabeth Boehm with Eric Brown, Victoria Chiou

MARKET OVERVIEW
  • Online Rx buyers will double over the next six months.
  • Rx purchasers are three times as likely as the average Net user to seek health information at online drugstores.
ANALYSIS
  • Rx sites will use patient compliance programs to add $1.3 billion to their top lines in 2004.
  • ePharmacies will specialize to boost penetration, then join forces to master markets.
ACTION
  • Online pharmacies must cement ties with big insurers.
  • Rx sites should link with personal medical-records vendors.
WHAT IT MEANS
  • Insurers will fuel the fire with compliance discounts.
  • Pharma firms will seek ePharmacies for phase IV drug trials.
 
Figures & Data
  • Figure 1.  Online Prescription Purchasing Ramps Up
  • Figure 2.  Health Content Drives Online Prescription Purchasing
  • Figure 3.  ePharmacies Will Move From Fundamentals To Value-Added Services
  • Figure 4.  Today's Online Pharmacies Are Still Mastering The Fundamentals
  • Figure 5.  Online Compliance Programs Boost Total Rx Expenditures In 2004
  • Figure 6.  Phase 2: ePharmacies Must Build Compliance Programs
  • Figure 7.  Three Types Of Online Pharmacies Emerge By 2002
   
RELATED MATERIAL 
  • Consumer Research Methodology
  • Companies Interviewed For This Report
  • Related Research
 
GRAPEVINE
  • Driving electronic scripts with carrots -- and now a stick.
  • Drug regulators' stealth campaign.
  • Women dominate health purchases with one exception -- Rx.
  • One-world pricing for pharmaceuticals?
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