Care Products market in Singapore
Market development
eCommerce revenue development in the Prescription Drugs market in Singapore
The Singapore Prescription Drugs eCommerce market is predicted to reach US$108.7 million by 2024 and accounts for 76.6% of the Pharmaceuticals eCommerce market in Singapore. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 20.9%, resulting in a projected market volume of US$232.2 million by 2028. The Prescription Drugs eCommerce market is a sub-market of the Pharmaceuticals market. Further categories within the Pharmaceuticals market are: OTC Drugs, and Other Pharmaceuticals.
eCommerce revenue development in the Prescription Drugs market in Singapore
eCommerce revenue growth in the Prescription Drugs market in Singapore
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 89.4 | 9.4 | 89.1 | 57.1 | 16.3 | 17.6 | 30.8 | 54.9 |
Market definition
Definition of the Prescription Drugs market within the Care Products market
Market definition: Care Products > Health Care > Pharmaceuticals > Prescription Drugs The category Prescription Drugs includes the online trade of pharmaceuticals with prescription (e.g. antibiotics, pain medications, antidepressants). This category does not cover otc pharmaceuticals. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Pharmaceuticals with prescription (e.g. antibiotics, pain medications, antidepressants)
Out-of-scope
- OTC pharmaceuticals
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