The Eastern Europe online pharmacy market is expected to exhibit a CAGR of 13.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Online pharmacy refers to an internet based drugstore that delivers medicines and other pharma products via e-commerce platforms. It can be primarily categorized into independent internet-only outlets, online branches of brick-and-mortar pharmacies, and outlets promoting pharmacy associations. Online pharmacies enable customers to track the entire delivery process, selection of delivery slots, flexible payment options, access a wide product range, etc. In Eastern Europe, the rising penetration of smart devices coupled with the high internet connectivity is primarily driving the online sales for pharma products.
The expanding pharmaceutical sector coupled with the increasing adoption of numerous e-commerce platforms for hassle-free delivery of medicines, personal care products, medical devices, etc., is currently augmenting the market growth. In addition to this, several renowned brick-and-mortar pharmacy chains across Eastern Europe are getting inclined towards online sales channels for expanding their consumer base. Moreover, the increasing consumer awareness towards numerous additional benefits of online pharmacy services, such as express delivery options, accessible payment gateways, cashback, discounted offers, etc., is further driving the regional market. Additionally, the rising penetration of advanced technologies, such as AI, IoT, predictive analytics, and Big Data for storing medical records, uploading prescriptions, customizing product search, etc., is further catalyzing the demand for online pharmacies in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Eastern Europe online pharmacy market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, platform, end use and application.
Breakup by Type:
- Over the Counter (OTC)
Breakup by Platform:
Breakup by End Use:
- Hospitals and Clinics
- Personal Use
- Government Research
Breakup by Application:
- Personal Care
- Devices and Surgical
Breakup by Region:
- Czech Republic
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.
|Base Year of the Analysis
| Historical Period
||Type, Platform, End Use, Application, Country
||Russia, Poland, Czech Republic, Romania, Hungary, Others
||Apotheka SIA, AZETA Sia, EXTRAPHARMA online pharmacy, Lékárna WPK sro, Medikaments.lv, 1MG Technologies Pvt. Ltd, Pelion SA, Webaptieka and Zur Rose Group AG.
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Key Questions Answered in This Report:
- How has the Eastern Europe online pharmacy market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Eastern Europe online pharmacy market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the platform?
- What is the breakup of the market based on the end use?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Eastern Europe online pharmacy market and who are the key players?
- What is the degree of competition in the industry?