Europe European Online Pharmacy (E-Pharma) Market

European Online Pharmacy (E-Pharma) Comprehensive Study by Type (Prescription Drugs, Over-the-counter (OTC) Drugs), Application (Skin Care, Dental, Vitamins, Weight Loss, Others), Components (Web-Based, Mobile-Based Applications), Model Used (Inventory-Based, Marketplace-Based, Generic E-Commerce) Players and Region - Europe Market Outlook to 2028

European Online Pharmacy (E-Pharma) Market by XX Submarkets | Forecast Years 2023-2028

Summary
Market Segments
Table of Content
List of Table & Figures
Players Profiled

Europe European Online Pharmacy (E-Pharma) Market Overview:

E-Pharmacy operates over the internet pharmacy that offers medical care providers the ability to prescribe medications for patients online. These medications can then be delivered to patients without ever requiring them to leave the confines of their homes. The global e-Pharmacy market is led by North America and Europe and is at its nascent stage in India, but like other categories, it has the potential to be a very huge industry segment in the near future. E-Pharmacy ensures efficacy, transparency, and reliability in delivering the items

Attributes	Details
Study Period	2018-2028
Base Year	2022
Forecast Period	2023-2028
Historical Period	2018-2022
Unit	Value (USD Million)
Customization Scope	Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility

Influencing Trend:

The growth of the Internet has given rise to various technology-driven models, to access and serve consumers in a fast-paced and most efficient way. One of the progressive technology models that have evolved in the last few years is telemedicine and E-Pharmacy which is likely to bridge the gap by providing easy and affordable access to medicines to the consumer at their doorstep at a mere finger click.

Market Growth Drivers:

Rising Penetration of E-Commerce and Growing Investments by Private Companies in E-Pharmacy

Challenges:

Lack of Adoption in Underdeveloped Countries

Restraints:

Strict Government Regulations on Selling Prescription Drugs Online

Opportunities:

Rising Adoption of IoT in the Healthcare Sector and Growing Adoption of Online Services in Developed and Developing Countries

Competitive Landscape:

European Online Pharmacy (E-Pharma) is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Rowland Pharmacy (United Kingdom), Chemist Direct (United Kingdom), Lloyds Pharmacy (United Kingdom), Love2night (United Kingdom), Mccabes Pharmacy (Ireland), Pharmacy2U (United Kingdom), Pharmacystore. ie (Ireland) and Doc Morris (Ireland). Considering Market by , the sub-segment i.e. will boost the European Online Pharmacy (E-Pharma) market.

Latest Market Insights:

In March 2021, Phoenix UK took over the service for an undisclosed amount and said it would 'take it to the next level with the Numark and Rowlands networks'. The Co-op Health service allows people to order medicines through an app or online and pick them up at the pharmacy or have them delivered to their home. It added that the acquisition would help independent pharmacies 'compete' with other online pharmacies.

In February 2023, Lloyds Pharmacy's parent company returned to pre-tax profit for the fiscal year prior to being acquired by a Pan-European investment firm. Admenta UK's activities primarily include wholesale through AAH Pharma, pharmaceutical and service delivery through Lloyds Pharmacy, patient home care through Lloyds Pharmacy Clinical Homecare, and digital services through Metabolic Healthcare.

What Can be Explored with the European Online Pharmacy (E-Pharma) Market Study

 Gain Market Understanding
 Identify Growth Opportunities
 Analyze and Measure the Europe European Online Pharmacy (E-Pharma) Market by Identifying Investment across various Industry Verticals
 Understand the Trends that will drive Future Changes in European Online Pharmacy (E-Pharma)
 Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals

Research Methodology:

The top-down and bottom-up approaches are used to estimate and validate the size of the Europe European Online Pharmacy (E-Pharma) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in European Online Pharmacy (E-Pharma) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Servicer Providers of E-Pharmacy, Software Providers of E-Pharmacy, Network Providers, Healthcare Industry, Pharmaceutical Industry, Regulatory Bodies and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

Market Segments

Report Objectives / Segmentation Covered

By Type

Prescription Drugs
Over-the-counter (OTC) Drugs

By Application

Skin Care
Dental
Vitamins
Weight Loss
Others

By Components

Web-Based
Mobile-Based Applications

By Model Used

Inventory-Based
Marketplace-Based
Generic E-Commerce

By Regions

Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe

Table of Content

List of Tables & Figures

List of Tables

List of Figures

Companies Mentioned

List of companies from research coverage that are profiled in the study

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Key Highlights of Report

May 2023 211 Pages 67 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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Europe European Online Pharmacy (E-Pharma) Market Quantitative research analysis

Europe European Online Pharmacy (E-Pharma) Market Qualitative Industry Analysis

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Frequently Asked Questions (FAQ):

Who are the top performing companies in European Online Pharmacy (E-Pharma) Market?

Top performing companies in the Europe European Online Pharmacy (E-Pharma) market are Rowland Pharmacy (United Kingdom), Chemist Direct (United Kingdom), Lloyds Pharmacy (United Kingdom), Love2night (United Kingdom), Mccabes Pharmacy (Ireland), Pharmacy2U (United Kingdom), Pharmacystore. ie (Ireland) and Doc Morris (Ireland), to name a few.

What trending factors would impact European Online Pharmacy (E-Pharma) Market growth most?

"The growth of the Internet has given rise to various technology-driven models, to access and serve consumers in a fast-paced and most efficient way. One of the progressive technology models that have evolved in the last few years is telemedicine and E-Pharmacy which is likely to bridge the gap by providing easy and affordable access to medicines to the consumer at their doorstep at a mere finger click." is seen as one of major influencing trends for European Online Pharmacy (E-Pharma) Market during projected period 2022-2028.

How is Europe European Online Pharmacy (E-Pharma) Market forecast is bolstered by Prescription Drugs ?

Prescription Drugs segment in Europe market to hold robust market share owing to "Rising Penetration of E-Commerce ".

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