European online pharmacy market is estimated to record a healthy CAGR of 12.7% during the forecast period (2020-2026). Today, around 90.5% of people in Europe use the internet, and internet usage is expected to grow enormously during the forecast period as well. The increasing number of Internet users in Europe is a result of several factors, including the growth in the use of mobile phones and smartphones, high-speed connectivity, and improved payment methods. With this widespread use of the Internet, people are looking for health care information and online pharmaceuticals for both non-prescription and prescription medicines. In this scenario, the online marketplace consists of many healthcare services, such as health check-up plans, insurance, selling pharmaceutical products, and online consulting, among others. Online pharmacies have onboard registered consultants who provide online consultations. This is very useful in remote places where doctors are not available and even for patients who find it difficult to travel for consultations.
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Furthermore, Europe is currently going through a major shift with the growing number of people suffering from chronic diseases, and patients are usually required to take their medicines for the long-term. However, they end up not taking their medicines as prescribed due to the inconvenience of going out and purchasing and not getting pharmacy stores around if they are living on the outskirts. To overcome such issues, people are switching toward the internet to order medicines online. This online pharmacy can deliver medicines anywhere across the globe, irrespective of the location.
Market Coverage
· Market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- by Medicine Type
· Countries Covered- UK, Germany, Italy, Spain, France, and Rest of Europe
· Competitive Landscape- APO Pharmacy B.V., Apotea AB, DocMorris N.V., Pharmacy Newpharma B.V. (Newpharma), Shop Apotheke Europe N.V., and UK Meds Direct, Ltd.
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European Online Pharmacy Market Report Segment
By Medicine Type
· OTC Medicines
· Prescription Medicines
European Online Pharmacy Market Report Segment
· UK
· Germany
· Italy
· Spain
· France
Rest of Europe
Company Profiles
· APO Pharmacy B.V.
· Apotea AB
· AZETA.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.
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