Europe ePharmacy Market Size, Growth (2020 to 2025)
The ePharmacies Market in Europe region is expected to showcase a healthy CAGR from 2019 to 2024.
A licensed ePharmacy is a boom for pharmaceutical companies to gain profits. ePharmacy operates with the help of the internet and ensures to provide a better experience for the customers. They maintain webpages to receive orders and also delivers the drugs according to the prescription in the expected delivery date. It does not allow to accept international orders and supplies the medicines only around the home country. Licensed companies will surely follow the rules and regulations in favour of customers. In Europe, the market is projected to have a steady pace during the forecast period.
Growing prevalence for the internet of things in the medical sector is a primary factor driving the demand of the market. The emergence of e-commerce into the pharmaceutical companies is leveraging the growth of the market eventually.
However, lack of proper knowledge over the online stores in a few areas is slowly degrading the demand of the regional market. Also, the rise in fraud activities is hampering the demand of the market.
Increasing disposable income and availability of various drugs quickly at affordable prices is solely to set up growth opportunities for the market. The rise in the developments of innovative technologies with the adoption of cloud-based platforms in the applications is ascribed to outshine the demand of the market in Europe.
This report has been segmented & sub-segmented into the following categories.
- By Product Type: Skin Care, Cold and Flu, Vitamin, Dental Care, Weight Loss and Others
- By Drug Type: Prescription Drugs And Over The Counter (OTC)
- By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic And Rest Of Europe
Based on drug type, Prescription drugs are leading with the highest shares of the market. Consumer interests in online stores due to the availability of prescribed medications readily in time.
Based on product type, the Weight loss type is witnessed in dominating the most significant shares of the market in Europe. Increasing incidences of obesity and also a rise in the awareness to stay fit and healthy are accelerating the demand of the market.
Regionally, Europe accounted for the highest CAGR over the recent years and is also expected to have the same growth rate throughout the foremost period. The rise in the number of pharmaceutical companies and good deals between the supplier and online stores are bolstering the demand of the market. Growing support from the government through investments in online pharmacies is escalating the need of the market.
In Europe, the Germany ePharmacy Market is the largest online pharmacy market and predicted to account the majority of the market share in the European market during the forecast period. Increasing mobile perforation, growing aging population, increasing chronic diseases are mainly rising demand for the online pharmacies in Germany. Moreover, increasing tactical collaborations with healthcare sector companies and improving effective payment methods are further favouring the German market.
The UK ePharmacy market is projected to showcase promising growth in Europe. Factors such as the existence of several dealers, growing e-prescriptions and skilled IT support are actively expanding the online pharmacy market in the United Kingdom.
In France, the scope for the online pharmacies is significantly increasing since the recent past. Growing demand for self-medication assisted online over the counter and increasing internet accessibility are majorly fueling the ePharmacy market in France.
ePharmacy market in Italy and Spain are projected to display a decent growth in the coming future. Growing disposable income and accessibility of various drugs available at easy and low prices are driving the markets in these countries.
Notable companies in the Europe ePharmacy Market profiled to the report are Wal-Mart Stores, Inc.; CVS Health; Express Scripts Holding Company; DocMorris (Zur Rose Group AG); The Kroger Co.; Walgreen Co.; Rowlands Pharmacy; OptumRx, Inc and Giant Eagle, Inc.
- Introduction
- Market Definition
- Study Deliverables
- Base Currency, Base Year and Forecast Periods
- General Study Assumptions
- Research Methodology
- Introduction
- Research Phases
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- Secondary Research
- Primary Research
- Econometric Modelling
- Expert Validation
- Analysis Design
- Study Timeline
- Overview
- Executive Summary
- Key Inferences
- New Developments
- Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
- Market Drivers
- Market Restraints
- Key Challenges
- Current Opportunities in the Market
- Market Segmentation
- By Drug Type
- prescription drugs
- over the counter drugs
- Y-o-Y Growth Analysis, By Drug Type
- Market Attractiveness Analysis, By Drug Type
- Market Share Analysis, By Drug Type
- By Product Type
- skin care
- dental
- cold and flu
- vitamins
- weight loss
- others
- Y-o-Y Growth Analysis, By Product Type
- Market Attractiveness Analysis, By Product Type
- Market Share Analysis, By Product Type
- Geographical Analysis
- Introduction
- Regional Trends
- Impact Analysis
- Y-o-Y Growth Analysis
- By Geographical Area
- By Drug Type
- By Product Type
- Market Attractiveness Analysis
- By Geographical Area
- By Drug Type
- By Product Type
- Market Share Analysis
- By Geographical Area
- By Drug Type
- By Product Type
- Europe
- Introduction
- UK
- France
- Spain
- Germany
- Italy
- Strategic Analysis
- PESTLE analysis
- Political
- Economic
- Social
- Technological
- Legal
- Environmental
- Porter’s Five analysis
- Bargaining Power of Suppliers
- Bargaining Power of Consumers
- Threat of New Entrants
- Threat of Substitute Products and Services
- Competitive Rivalry within the Industry
- Market Leaders' Analysis
- Lloyds Pharmacy Ltd.
- Overview
- Product Analysis
- Strategic Evaluation and Operations
- Financial analysis
- Legal issues
- Recent Developments
- SWOT analysis
- Analyst View
- Planter
- CVS Health
- Canada Drugs
- Medicate
- Express Scripts Holding Company
- Secure Medical Inc.
- Walmart Stores Inc.
- com Inc.
- Sani care AB
- Walgreen Co.
- The Kroger Co.
- Doctors Rowlands Pharmacy
- Giant Eagle Inc.
- Optus Rx Inc.
- Competitive Landscape
- Market share analysis
- Merger and Acquisition Analysis
- Agreements, Collaborations and Joint Ventures
- New Product Launches
- Market Outlook and Investment Opportunities
- Appendix
- List of Tables
- List of Figures
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
