The European online pharmacy market is anticipated to grow at a CAGR of 12.7% during the forecast period. The growth of the online pharmacy market in Europe is greatly influenced by the growing internet penetration, implementation of e-prescriptions, improved online payment, an increase in chronic diseases, and the aging population. Prescription written by a doctor in any country is valid in all European countries leading to greater utilization of online pharmacies that allow prescription medicines to be sold online. Currently, online pharmacies are less attractive for customers who need to buy prescription medicines, because it usually takes some time, from the moment they place their order online. Pharmacies must go through a long procedure to check the prescriptions, which is not fully automated in most of the companies.
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Further, individuals in Europe are becoming tech-savvy, resulting in increased penetration of both mobile and desktop devices. With the growth in hand-held and other connected devices, the share of mobile and desktop devices segment is attaining saturation. Apart from shopping and communication, mobile devices and computers are used for gaining information. So, online platforms for shopping are often used for sharing blogs that are targeted to potential customers. These factors together are expected to increase the awareness and demand for online pharmacy in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
European Online Pharmacy Market by Medicine Type
- OTC Medicines
- Prescription Medicines
Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- APO Pharmacy B.V.
- Apotea AB
- LV (Euroapotheca group)
- Chemist 4 U (Innox Trading, Ltd.)
- DocMorris N.V.
- Express Scripts Holding Company
- Juvalis
- LloydsPharmacy, Ltd.
- Meds AB
- MonCoinSanté
- myCARE (Digital Pharmacist, Inc.)
- Oxford Online Pharmacy
- Pharmacy Newpharma B.V. (Newpharma)
- Shop Apotheke Europe N.V.
- UK Meds Direct, Ltd.
The Report Covers
- Comprehensive research methodology of the European online pharmacy market.
- This report also includes a detailed and extensive market overview with the key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European online pharmacy market.
- Insights about market determinants which are stimulating the European online pharmacy market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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