Press release
Online Pharmacy Market in Eastern Europe | Growing at a CAGR of 13.7% During 2022-2027
Online Pharmacy Market in Eastern Europe : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Online pharmacy represents an internet-based drugstore that supplies medicines and other pharma products via e-commerce platforms. It can be categorized mainly into online branches of brick-and-mortar pharmacies, independent internet-only outlets, and outlets promoting drugstore associations.
Online pharmacies enable customers to select delivery slots, track the entire delivery process, have flexible payment options, access a wide product range, etc. These drugstores provide a genuine supply of drugs by sourcing them directly from the manufacturers and licensed resellers. Online pharmacy offers cost- and time efficiency and enhanced convenience. As a result, this drugstore finds widespread applications across hospitals, clinics, home care settings, etc.
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Eastern Europe Online Pharmacy Market Trends:
The expanding pharmaceutical sector, the increasing penetration of smart devices, the high internet connectivity, and the extensive utilization of various e-commerce platforms for hassle-free delivery of medicines, personal care products, medical devices, etc., are among the primary factors driving the Eastern Europe online pharmacy market. Besides this, several renowned brick-and-mortar drugstore chains across the region are getting inclined towards online sales channels for expanding their consumer base, which is further augmenting the market growth.
Moreover, the rising consumer awareness towards various additional benefits of online pharmacy services, such as express delivery options, accessible payment gateways, cashback, discounted offers, etc., is also catalyzing the market across Eastern Europe. Apart from this, the growing popularity of advanced technologies, such as AI, IoT, predictive analytics, and Big Data for storing medical records, uploading prescriptions, customizing product searches, etc., is anticipated to propel the Eastern Europe online pharmacy market over the forecasted period.
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Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the keyplayers being Apotheka SIA, AZETA Sia, EXTRAPHARMA online pharmacy, Lékárna WPK sro, Medikaments.lv, 1MG Technologies Pvt. Ltd, Pelion SA, Webaptieka and Zur Rose Group AG.
The report has segmented the market into the following categories:
Breakup by Type:
Over the Counter (OTC)
Prescription
Breakup by Platform:
Mobile
Desktop
Breakup by End Use:
Hospitals and Clinics
Personal Use
Government Research
Breakup by Application:
Medicines
Personal Care
Devices and Surgical
Others
Breakup by Region:
Russia
Poland
Czech Republic
Romania
Hungary
Others
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GCC Generic Injectables Market: https://www.imarcgroup.com/gcc-generic-injectables-market
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Medical Foods Market: https://www.imarcgroup.com/medical-foods-market
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