Key regions: France, Australia, India, South Korea, Germany
The Other OTC Pharmaceuticals (Pharmacies) market in D-A-CH is experiencing steady growth due to several key factors.
Customer preferences: Customers in the D-A-CH region have shown a strong preference for over-the-counter (OTC) pharmaceuticals purchased from pharmacies. This is primarily due to the high level of trust and confidence that customers have in the expertise and advice provided by pharmacists. Customers value the convenience of being able to access a wide range of OTC products in one location, as well as the personalized recommendations and guidance provided by pharmacists. Additionally, customers in the D-A-CH region place a strong emphasis on the quality and safety of healthcare products, and pharmacies are seen as a reliable source for these products.
Trends in the market: One of the key trends in the Other OTC Pharmaceuticals (Pharmacies) market in D-A-CH is the increasing demand for natural and herbal remedies. Customers are becoming more health-conscious and are seeking alternative treatments and preventive measures. This trend is driven by a growing awareness of the potential side effects of traditional pharmaceuticals and a desire for more holistic approaches to healthcare. Pharmacies in the D-A-CH region have responded to this trend by expanding their range of natural and herbal products, offering customers a wider choice of options. Another trend in the market is the increasing use of online pharmacies. While traditional brick-and-mortar pharmacies still dominate the market, online pharmacies are gaining popularity due to their convenience and competitive pricing. Customers in the D-A-CH region are increasingly turning to online platforms to purchase OTC pharmaceuticals, particularly for repeat purchases and non-urgent healthcare needs. This shift in customer behavior has prompted traditional pharmacies to develop their own online presence and offer additional services such as home delivery.
Local special circumstances: The D-A-CH region, consisting of Germany, Austria, and Switzerland, has a unique healthcare system that influences the Other OTC Pharmaceuticals (Pharmacies) market. In Germany, for example, pharmacies are highly regulated and restricted in terms of ownership and location. This has created a competitive environment among pharmacies, with each one striving to differentiate itself through product offerings and customer service. In contrast, Switzerland has a more liberal approach to pharmacy ownership, allowing for greater competition and variety in the market. These local special circumstances shape the strategies and operations of pharmacies in the D-A-CH region.
Underlying macroeconomic factors: The growth of the Other OTC Pharmaceuticals (Pharmacies) market in D-A-CH is also influenced by underlying macroeconomic factors. The D-A-CH region has a stable and prosperous economy, which has contributed to the overall purchasing power of consumers. Additionally, the aging population in the region has led to an increased demand for healthcare products and services, including OTC pharmaceuticals. Furthermore, the D-A-CH region has a strong healthcare infrastructure and a well-established healthcare system, which provides a solid foundation for the growth of the Other OTC Pharmaceuticals (Pharmacies) market. In conclusion, the Other OTC Pharmaceuticals (Pharmacies) market in D-A-CH is driven by customer preferences for trusted advice and convenient access to a wide range of healthcare products. The market is characterized by trends such as the demand for natural and herbal remedies and the rise of online pharmacies. Local special circumstances, such as regulations and competition, shape the strategies of pharmacies in the region. Underlying macroeconomic factors, including a stable economy and an aging population, contribute to the growth of the market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
