DUBLIN, March 15, 2022 /PRNewswire/ — The “European E-Pharmacy Market – Industry Outlook and Forecast 2022-2027” Report has been added ResearchAndMarkets.com‘S Offer.
the Europe The ePharmacy market is expected to grow at a CAGR of over 17.59% by revenue over the period 2022-2027.
The online pharmacy market is trending in most developing and developed countries Europe. The trend from offline to online is the future and there lies the great growth potential for online pharmacies in southern European countries such as e.g France, Germany, Italyand Spain. The fastest growing regional market is Germany due to increasing internet penetration and increasing awareness of online over-the-counter benefits.
Growing internet penetration and rising prevalence of chronic diseases in developed countries have paved the way for the development of online pharmacies in recent years. People are more inclined to make payments online than with cash and find online shopping more convenient, leading to a positive scenario for online pharmacy adoption over the forecast period.
The online pharmacy market in Europe is divided into drug type, platform type, product type and geography. Drug type includes OTC drugs and prescription drugs. In 2021, the medicines market segment accounted for a 75.11% share of the online pharmacy market Europe.
Geographically, the market is divided into EU-5, Central & Eastern Europe, and the Nordic region. The online pharmacy market in Europe was dominated by EU-5 with the highest revenue share of 59.52% in 2021.
The market is strengthened by the presence of key players in Europe, such as the Zur Rose Group and SHOP APOTHEKE. These two players have already acquired other big and small players in the market to increase their market share and leverage their resources.
MARKET OPPORTUNITIES AND TRENDS
- E-pharmacy enables the convenience and availability of medicines for consumers
- Increasing prevalence of chronic diseases and chronically ill patient population
- Growing internet penetration and improving online payment methods
- Growing health awareness & self-medication in the European population
SUPPLIER ANALYSIS
Prominent Vendors
- To the Rose Group
- store pharmacy
Other prominent providers
- AMX Holdings
- Apteka.ru
- Apotea
- The pharmacy
- acetate
- Best Pharmacy
- Chemist4U
- chemist directly
- Cocoon Center
- DeOnlineDrogist
- Euro Pharma
- express pharmacy
- International Pharmacy
- index medicine
- OWN PHARMACY
- Juvalis
- WPK pharmacy
- Lloyds Pharmacy
- MedExpress company
- MonCoin Sante
- mistletoe pharmacy
- myCARE
- Pravalekarna
- MEDICATIONS
- Newpharma
- Oxford Online Pharmacy
- parapharmacy-online
- Pharmacy2U
- Pharmacy Direct UK
- PROTEK group
- SBER EAPTEKA
- Simple online pharmacy
- The independent pharmacy
- The French Pharmacy
- UK Meds Direct
- WebMed Pharmacy
- pharmacist
- Pharma24
- Pharmacy4u
- Vamida
Main topics covered:
1 research methodology
2 research goals
3 research process
4 Scope and Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
5 Report assumptions and reservations
5.1 Important caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a glance
7 Introduction
7.1 Overview
7.1.1 Factors driving E-pharmacy Market Europe
7.2 Impact of Covid on E-Pharmacy Market
8 Market Opportunities and Trends
8.1 Rising e-prescriptions are driving online pharmacies
8.2 Covid-19 as a catalyst for online pharmacies
8.3 Strategic acquisitions to expand the market for online pharmacy providers
8.4 Diverse product offerings and business models, competitive prices and strong promotions
9 Market Growth Promoters
9.1 E-pharmacies enable convenient purchasing and easy availability of medicines
9.2 Rising prevalence of chronic diseases and patient population
9.3 Increasing Internet penetration and improving online payment methods
9.4 Growing health awareness & self-medication
10 Market Restrictions
10.1 Illegal Online Pharmacy Practices and Strict Regulatory Framework
10.2 Concerns about data breaches and privacy issues
10.3 Competition from hospitals & stationary pharmacies
11 market landscape
11.1 Market Overview
11.2 Market Size and Forecast
11.3 Five Force Analysis
12 drug type
12.1 Market Overview and Growth Engine
12.2 Market Overview
12.3 OTC Drugs
12.4 Prescription Drugs
13 platform type
13.1 Market overview and growth engine
13.2 Market Overview
13.3 Mobile
13.4 Desktop
14 product
14.1 Market overview and growth engine
14.2 Market Overview
14.3 Medicines
14.4 Health, Wellness & Nutrition
14.5 Personal Care & Essentials
14.6 Miscellaneous
15 geography
15.1 Market overview and growth engine
15.2 Geographical Overview
For more information about this report, see https://www.researchandmarkets.com/r/7b81da
Media contact:
research and markets
Laura WoodSenior managers
press@researchandmarkets.com
For EST office hours, call +1-917-300-0470
For US/CAN, call toll free +1-800-526-8630
For GMT office hours, call +353-1-416-8900
US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716
Show original content:https://www.prnewswire.com/news-releases/europe-e-pharmacy-markets-2022-2027—opportunities-in-varied-product-offerings–business-models-competitive-pricing–heavy- offers-301503347.html
SOURCE Research and Markets
