Europe E-Pharmacy Market Worth $65.47 Billion by 2028 - Arizton

According to Arizton's latest research report, the Europe e-pharmacy market will grow at a CAGR of 17.65% during 2022-2028.

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Browse In-Depth TOC on the "Europe E-Pharmacy Market"  

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273 - Pages  

The market is trending in most of Europe's developing and developed countries. The trend from offline to online is the future, and there is a major growth potential for online pharmacies in Southern European countries, such as France, Germany, Italy, and Spain. The fastest-growing regional market is Germany due to the increased internet penetration and awareness of online OTC benefits. France and Italy are highly established markets that contribute to significant shares in the European market. There is a rapid rise in the prevalence rate of chronic diseases in Germany and the UK. Increased internet penetration and the prevalence of chronic diseases in developed countries paved the way for the development of online pharmacies in recent years. People are more inclined to make payments online instead of paying by cash and find online shopping more convenient, resulting in a positive scenario for adopting online pharmacies in the upcoming years.

E-pharmacies: the existence of an online pharmacy that offers medical care and solutions providers the ability to prescribe medicines for consumers online. In Europe, the European Association of E-pharmacies (EAEP) stated that the members of EAEP are continuously increasing and improving the quality, safety, and efficiency of healthcare delivery for Europe people. E-pharmacies are currently supplying millions of people across the region with medicine. Also, online medicine shoppers appreciate the transparency, cost benefits, east processes, and delivery to their homes and take advantage of discreet & high-quality pharmaceutical consulting services. The Europe e-pharmacy market is trending in most of the region's developing and developed countries. The trend from offline to online is the future, and there is a major growth potential for online pharmacies in Southern European countries such as France, Germany, Italy, and Spain. The fastest-growing regional market in Germany due to the increasing internet penetration and rising awareness regarding online over-the-counter benefits.

The online pharmacy market in Europe is growing at a healthy rate. The online pharma distribution channel is the most common way of buying OTC and prescription medical products, especially during the COVID-19 pandemic. There is a high penetration of the online pharmacy market in the Netherlands, the UK, Switzerland, and Germany in the European Union. The market is in a growth stage in various European countries due to the high internet penetration rate, growing self-medication, and the introduction of e-prescriptions in various countries. The market is strengthened with the presence of key players in the online pharmacy market, such as Zur Rose Group and SHOP APOTHEKE. These are two major market competitors that account for a higher market share across Europe and in global markets.

OTC Drugs Market to Boom in the Upcoming Years

OTC drugs are medications consumers can purchase without a prescription at drug stores and online platforms, while prescription drugs demand a prescription from an authorized person. The rules for online pharmacies are different in various countries. There is a definition of what is a prescription drug and what is not, which means that some drugs available only with a prescription in some EU countries may be obtained without one elsewhere. The use of OTC medicines increases over time due to increased health awareness and self-medication among consumers. Many pharmaceutical companies manufacture OTC medicines and provide them globally.

Online pharmacies receive higher requests for OTC and prescription medicines. OTC drugs do not require doctors' or healthcare specialists' prescriptions, reducing the barriers to e-pharmacies. Prescription medicines, drugs, and medical devices can also be ordered through e-pharmacies. Self-medication preference is a common term where OTC drugs are commonly used and purchased through e-pharmacies in Europe. OTC drugs are the majorly preferred medicines as the first line of treatment due to no stringent regulations and restrictions. OTC drugs do not have critical complexities for distribution compared with prescription drugs.

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The EU-4 & UK region is one of the fastest-growing regions for e-pharmacies. The countries, including EU-4 & UK, are leading the market with higher market share than other regions and countries. The factors that accelerate market penetration are the increased use of internet users, the aging population, and huge developments in healthcare settings. Germany and the UK are the major countries where health and pharmaceutical authorities allow online sales of prescription and OTC products. France, Italy, and Spain allow the sale of OTC products through online pharmacies. Germany and the UK are the leading countries with high market growth opportunities. France is the leading country, which accounts high revenue share. Even OTC products are allowed for sale online. Italy and Spain are emerging markets where substantial development is required for market growth.

Key Company Profiles

DocMorris AG (Zur Rose Group)

Shop Apotheke

AMX Holdings

Apteka.ru

Apotea

Apoteket

AZETA

BestPharmacy

Chemist4U

Chemist Direct

Cocooncenter

DeOnlineDrogist

ePharmacy (EAPTEKA)

Euro-Pharmas

Express Pharmacy

EVERER GmbH

Helsinki University Pharmacy [Yliopiston Apteekki] (YA)

Index Medical

INHOUSE PHARMACY

Juvalis

Lékárna WPK

Lloyds Pharmacy

Lekarnar

Lyf og heilsa hf.

Lyfjaver

MedExpress Enterprises

MonCoinSanté

Mistletoe Pharmacy

myCARE

MediService AG

Mediservice Ltd

MEDS

Newpharma

Oxford Online Pharmacy

Prvalekarna

Pharmacy2U

Pharmacy Direct GB

Pharm24

PROTEK Group

SBER EAPTEKA

Simple Online Pharmacy

The independent pharmacy

The French pharmacy

UK Meds Direct

WebMed Pharmacy

Pharmacy4u

Vamida

Market Segmentation

Medicine Type

OTC

Prescription

Platform

Mobile

Desktop

Age Group

Below 50

Above 50

Product

Medications

Health & Wellness and Nutrition

Personal Care & Essentials

Others

Geography

EU-4 & UK

Germany

The UK

France

Italy

Spain

Central and Eastern Europe

Poland

Netherlands

Russia

Switzerland

Czech Republic

Nordic Countries

Denmark

Sweden

Norway

Finland

Iceland

Key Questions Answered in the Report: 

How big is the Europe e-pharmacy market?

What is the growth rate of the Europe e-pharmacy market?

What are the growing trends in the Europe e-pharmacy market?

Which region holds the most significant Europe e-pharmacy market share?

Who are the key players in the Europe e-pharmacy market?

Table of Content 

1 RESEARCH METHODOLOGY 

2 RESEARCH OBJECTIVES 

3 RESEARCH PROCESS 

4 SCOPE & COVERAGE 

4.1 MARKET DEFINITION 

4.1.1 INCLUSIONS 

4.1.2 EXCLUSIONS 

4.1.3 MARKET ESTIMATION CAVEATS 

4.2 BASE YEAR 

4.3 SCOPE OF THE STUDY 

4.3.1 MARKET SEGMENTATION BY MEDICINE TYPE 

4.3.2 MARKET SEGMENTATION BY PLATFORM 

4.3.3 MARKET SEGMENTATION BY PRODUCT TYPE 

4.3.4 MARKET SEGMENTATION BY AGE GROUP 

5 REPORT ASSUMPTIONS & CAVEATS 

5.1 KEY CAVEATS 

5.2 CURRENCY CONVERSION 

5.3 MARKET DERIVATION 

6 PREMIUM INSIGHTS 

6.1 OVERVIEW 

7 MARKET AT A GLANCE 

8 INTRODUCTION 

8.1 OVERVIEW 

8.1.1 EUROPE E-PHARMACY MARKET OUTLOOK 

8.1.2 GLOBAL E-PHARMACY MARKET OUTLOOK 

9 MARKET OPPORTUNITIES & TRENDS 

9.1 INCREASED E-HEALTH & E-PRESCRIPTION SERVICES 

9.2 INTEGRATION OF ARTIFICIAL INTELLIGENCE & INTERNET OF THINGS 

9.3 STRATEGIC ACQUISITIONS FOR MARKET EXPANSION 

9.4 INTEGRATION OF E-PHARMACIES WITH DELIVERY MANAGEMENT SOLUTIONS 

10 MARKET GROWTH ENABLERS 

10.1 INTERNET PENETRATION AMONG PATIENT POPULATION 

10.2 INCREASED HOME HEALTHCARE DELIVERIES 

10.3 INCREASED HEALTH AWARENESS & SELF-MEDICATION 

10.4 INCREASED PATIENT POPULATION 

11 MARKET RESTRAINTS 

11.1 STRINGENT REGULATORY NORMS 

11.2 DATA BREACH & PRIVACY ISSUES 

11.3 COMPETITION FROM TRADITIONAL PHARMACIES 

12 MARKET LANDSCAPE 

12.1 MARKET OVERVIEW 

12.1.1 MARKET BY MEDICINE TYPE 

12.1.2 MARKET BY PLATFORM 

12.1.3 MARKET BY AGE GROUP 

12.1.4 MARKET BY PRODUCT TYPE 

12.1.5 MARKET BY REGION 

12.2 MARKET SIZE & FORECAST 

12.3 FIVE FORCES ANALYSIS 

12.3.1 THREAT OF NEW ENTRANTS 

12.3.2 BARGAINING POWER OF SUPPLIERS 

12.3.3 BARGAINING POWER OF BUYERS 

12.3.4 THREAT OF SUBSTITUTES 

12.3.5 COMPETITIVE RIVALRY 

13 MEDICINE TYPE 

13.1 MARKET SNAPSHOT & GROWTH ENGINE 

13.2 MARKET OVERVIEW 

13.3 OTC 

13.3.1 MARKET OVERVIEW 

13.3.2 MARKET SIZE & FORECAST 

13.3.3 MARKET BY GEOGRAPHY 

13.4 RX 

13.4.1 MARKET OVERVIEW 

13.4.2 MARKET SIZE & FORECAST 

13.4.3 MARKET BY GEOGRAPHY 

14 PLATFORM 

14.1 MARKET SNAPSHOT & GROWTH ENGINE 

14.2 MARKET OVERVIEW 

14.3 MOBILE 

14.3.1 MARKET OVERVIEW 

14.3.2 MARKET SIZE & FORECAST 

14.3.3 MARKET BY GEOGRAPHY 

14.4 DESKTOP 

14.4.1 MARKET OVERVIEW 

14.4.2 MARKET SIZE & FORECAST 

14.4.3 MARKET BY GEOGRAPHY 

15 AGE GROUP 

15.1 MARKET SNAPSHOT & GROWTH ENGINE 

15.2 MARKET OVERVIEW 

15.3 BELOW 50 

15.3.1 MARKET OVERVIEW 

15.3.2 MARKET SIZE & FORECAST 

15.3.3 MARKET BY GEOGRAPHY 

15.4 ABOVE 50 

15.4.1 MARKET OVERVIEW 

15.4.2 MARKET SIZE & FORECAST 

15.4.3 MARKET BY GEOGRAPHY 

16 PRODUCT TYPE 

16.1 MARKET SNAPSHOT & GROWTH ENGINE 

16.2 MARKET OVERVIEW 

16.3 MEDICATION 

16.3.1 MARKET OVERVIEW 

16.3.2 MARKET SIZE & FORECAST 

16.3.3 MARKET BY GEOGRAPHY 

16.4 HEALTH, WELLNESS & NUTRITION 

16.4.1 MARKET OVERVIEW 

16.4.2 MARKET SIZE & FORECAST 

16.4.3 MARKET BY GEOGRAPHY 

16.5 PERSONAL CARE & ESSENTIALS 

16.5.1 MARKET OVERVIEW 

16.5.2 MARKET SIZE & FORECAST 

16.5.3 MARKET BY GEOGRAPHY 

16.6 OTHERS 

16.6.1 MARKET OVERVIEW 

16.6.2 MARKET SIZE & FORECAST 

16.6.3 MARKET BY GEOGRAPHY 

17 REGION 

17.1 MARKET SNAPSHOT & GROWTH ENGINE 

17.2 REGIONAL OVERVIEW 

18 EU-4 & UK 

18.1 MARKET OVERVIEW 

18.2 MARKET SIZE & FORECAST 

18.3 MEDICINE TYPE 

18.3.1 MARKET SIZE & FORECAST 

18.4 PLATFORM 

18.4.1 MARKET SIZE & FORECAST 

18.5 AGE GROUP 

18.5.1 MARKET SIZE & FORECAST 

18.6 PRODUCT TYPE 

18.6.1 MARKET SIZE & FORECAST 

18.7 KEY COUNTRIES 

18.7.1 GERMANY: MARKET SIZE & FORECAST 

18.7.2 UK: MARKET SIZE & FORECAST 

18.7.3 FRANCE: MARKET SIZE & FORECAST 

18.7.4 ITALY: MARKET SIZE & FORECAST 

18.7.5 SPAIN: MARKET SIZE & FORECAST 

19 CENTRAL & EASTERN EUROPE 

19.1 MARKET OVERVIEW 

19.2 MARKET SIZE & FORECAST 

19.3 MEDICINE TYPE 

19.3.1 MARKET SIZE & FORECAST 

19.4 PLATFORM 

19.4.1 MARKET SIZE & FORECAST 

19.5 AGE GROUP 

19.5.1 MARKET SIZE & FORECAST 

19.6 PRODUCT TYPE 

19.6.1 MARKET SIZE & FORECAST 

19.7 KEY COUNTRIES 

19.7.1 POLAND: MARKET SIZE & FORECAST 

19.7.2 NETHERLANDS: MARKET SIZE & FORECAST 

19.7.3 RUSSIA: MARKET SIZE & FORECAST 

19.7.4 SWITZERLAND: MARKET SIZE & FORECAST 

19.7.5 CZECH REPUBLIC: MARKET SIZE & FORECAST 

20 NORDIC COUNTRIES 

20.1 MARKET OVERVIEW 

20.2 MARKET SIZE & FORECAST 

20.3 MEDICINE TYPE 

20.3.1 MARKET SIZE & FORECAST 

20.4 PLATFORM 

20.4.1 MARKET SIZE & FORECAST 

20.5 AGE GROUP 

20.5.1 MARKET SIZE & FORECAST 

20.6 PRODUCT TYPE 

20.6.1 MARKET SIZE & FORECAST 

20.7 KEY COUNTRIES 

20.7.1 DENMARK: MARKET SIZE & FORECAST 

20.7.2 SWEDEN: MARKET SIZE & FORECAST 

20.7.3 NORWAY: MARKET SIZE & FORECAST 

20.7.4 FINLAND: MARKET SIZE & FORECAST 

20.7.5 ICELAND: MARKET SIZE & FORECAST 

21 COMPETITIVE LANDSCAPE 

21.1 COMPETITION OVERVIEW 

21.2 MARKET SHARE ANALYSIS 

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