Pharma E-commerce Market in Europe 2023-2027
Technavio has been monitoring the pharma e-commerce market in Europe and is forecast to grow by $16.42 bn during 2022-2027, accelerating at a CAGR of 15.47% during the forecast period. Our report on the pharma e-commerce market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of internet provides convenience to consumers, omnichannel retailing technique by pharmacy chains, and availability of multiple payment options.
Technavio's pharma e-commerce market in Europe is segmented as below:
By Type
By Product
- Medications
- Health wellness and nutrition
- Personal care and essentials
This study identifies the growing acceptance in newly regulated European states as one of the prime reasons driving the pharma e-commerce market growth during the next few years. Also, introduction of same-day delivery and increase in older population and chronic diseases will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the pharma e-commerce market in Europe covers the following areas:
- Pharma e-commerce market sizing
- Pharma e-commerce market forecast
- Pharma e-commerce market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharma e-commerce market vendors that include Ace Chemist Direct, apo rot GmbH, Apotea AB, Arzneiprivat, Atropa Pharmacy, Chemist4U Innox Trading Ltd., Dirk Rossmann GmbH, EURO PHARM International Canada Inc., Farmacia Campoamor, Juvalis, McKesson Corp., myCARE e.k, Parafarmacia online, Pharmacy2U Ltd., SHOP APOTHEKE EUROPE N.V, The French Pharmacy, UK MEDS Direct Ltd., Walgreens Boots Alliance Inc., Wort and Bild Verlag Konradshohe GmbH and Co. KG, and Zur Rose Group AG. Also, the pharma e-commerce market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.