Online Pharmacy Market in Eastern Europe to Grow at 13.7% CAGR by 2027

NEW YORK - Dec. 15, 2022 - PRLog -- According to the latest report by IMARC Group, the Eastern Europe online pharmacy market is expected to exhibit a CAGR of 13.7% during 2022-2027.

Online pharmacy refers to drugstores that utilize e-commerce platforms for delivering medicines and pharma products. It can be broadly divided into independent internet-only outlets, online channels of brick-and-mortar drugstores, and outlets that promote pharmacies. Online pharmacies allow access to a wide range of products, tracking of the entire shipping process, selection of delivery slots, flexible payment options, etc.

Covid-19 Scenario:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Eastern Europe Online Pharmacy Market Trends

In Eastern Europe, the increasing popularity of smart devices and the high internet connectivity are primarily driving the online pharmacy market. Moreover, the expanding pharmaceutical sector and the growing adoption of hassle-free means for delivery of medicines, medical devices, personal care products, etc., are further augmenting the market growth. Several renowned brick-and-mortar pharmacy chains across the region are incorporating online distribution channels in their business to expand their consumer base.

Moreover, the increasing consumer awareness about the additional advantages of online pharmacy services, such as express delivery options, discounts, cashback, etc., is also propelling the regional market growth. Furthermore, the rising penetration of advanced technologies and digitization trends, such as artificial intelligence (AI), the Internet of Things (IoT), predictive analytics, and Big Data for healthcare records storage, customization of product search, enhanced consumer engagement, etc., are expected to continue catalyzing the demand for online pharmacies in Eastern Europe (https://www.imarcgroup.com/eastern-europe-online-pharmacy...).

Competitive Scenario with Key Players:

The competitive landscape of the industry has also been examined with some of the key players being

Apotheka SIA,

AZETA Sia,

EXTRAPHARMA online pharmacy,

Lekarna WPK sro,

Medikaments.lv,

1MG Technologies Pvt. Ltd,

Pelion SA,

Webaptieka

Zur Rose Group AG.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/eastern-europe-online-pharmacy-market/requestsample

Breakup by Type:

Over the Counter (OCT)
Prescription

Breakup by Platform:

Mobile
Desktop

Breakup by End-Use:

Hospitals and Clinics
Personal Use
Government Research

Breakup by Application:

Medicines
Personal Care
Devices and Surgical
Others

Breakup by Region:

Russia
Poland
Czech Republic
Romania
Hungary
Others

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