Industry Statistics and Trends
Chemists & Pharmacies in Europe key trends
Europe's ageing population is driving demand for medical supplies.
According to the European Commission, over 21% of EU citizens are aged 65 or older, so retailers are expanding offerings and using competitive pricing to meet growing market needs.
The European hearing aid market is poised for growth as the elderly population rises.
This increase in potential clients supports the need for more advanced hearing solutions and services.
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Chemists & Pharmacies in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Chemists & Pharmacies in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 5.4 % over the past five years, to reach an estimated €373.7bn in 2024.
Trends and Insights
The rising senior population in Europe drives a surge in medical supply retail sales
- An ageing population often faces challenges like reduced mobility and hearing impairment. These issues make seniors a primary market for retailers specialising in medical and orthopaedic supplies across Europe.
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Chemists & Pharmacies in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
European hearing aid market set to hike as population over 65 grows rapidly
- Advancements in healthcare and living standards have led to increased life expectancies across Europe. The population aged over 65 is projected to rise by 13.6% in 2030 compared to its level in 2022, according to the European Commission.
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Revenue
€373.7bn
Employees
2m
Wages
€XX.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Chemists & Pharmacies in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Walgreens Boots Alliance Inc | 127,254.0 | 3,541.8 | 2.8 | |
AS Watson Group | 21,091.6 | 1,581.4 | 7.5 | |
dm-drogerie markt GmbH + Co. KG | 14,659.6 | 1,085.6 | 7.4 |
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Chemists & Pharmacies in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Chemists & Pharmacies industry in Europe in 2024?
The market size of the Chemists & Pharmacies industry in Europe is €373.7bn in 2024.
How many businesses are there in the Chemists & Pharmacies in Europe industry in 2024?
There are 350k businesses in the Chemists & Pharmacies industry in Europe, which has grown at a CAGR of 4.2 % between 2019 and 2024.
Has the Chemists & Pharmacies industry in Europe grown or declined over the past 5 years?
The market size of the Chemists & Pharmacies industry in Europe has been declining at a CAGR of 5.4 % between 2019 and 2024.
What is the forecast growth of the Chemists & Pharmacies industry in Europe over the next 5 years?
Over the next five years, the Chemists & Pharmacies industry in Europe is expected to grow.
What does the Chemists & Pharmacies in Europe include?
Mobility aids and Hearing aids are part of the Chemists & Pharmacies industry.
Which countries have the most businesses in the Chemists & Pharmacies industry in Europe?
The European country with the most businesses in the Chemists & Pharmacies industry is Russia.
How competitive is the Chemists & Pharmacies industry in Europe?
The level of competition is high and increasing in the Chemists & Pharmacies industry in Europe.
Related Industries
This industry is covered in 37 countries
- Chemists & Pharmacies in Austria
- Chemists & Pharmacies in France
- Chemists & Pharmacies in Lithuania
- Chemists & Pharmacies in the Netherlands
- Chemists & Pharmacies in Estonia
- Chemists & Pharmacies in Slovenia
- Chemists & Pharmacies in Iceland
- Chemists & Pharmacies in Europe
- Chemists & Pharmacies in Greece
- Chemists & Pharmacies in Romania
- Chemists & Pharmacies in Norway
- Chemists & Pharmacies in Italy
- Chemists & Pharmacies in Sweden
- Chemists & Pharmacies in Poland
- Chemists & Pharmacies in Cyprus
- Chemists & Pharmacies in Latvia
- Chemists & Pharmacies in Spain
- Chemists & Pharmacies in Portugal
- Chemists & Pharmacies in Serbia
- Chemists & Pharmacies in Belgium
- Chemists & Pharmacies in Czechia
- Chemists & Pharmacies in Finland
- Chemists & Pharmacies in Croatia
- Chemists & Pharmacies in Bulgaria
- Chemists & Pharmacies in Luxembourg
- Chemists & Pharmacies in Russia
- Chemists & Pharmacies in Slovakia
- Chemists & Pharmacies in Hungary
- Chemists & Pharmacies in Denmark
- Chemists & Pharmacies in Turkey
- Chemists & Pharmacies in Malta
- Chemists & Pharmacies in Bosnia & Herzegovina
Table of Contents
About this industry
Industry definition
This industry focuses on retailing medical and orthopaedic gear, plus essential toiletries. Retailers not only sell mobility and hearing aids but also provide customised fitting services to customers. However, they don't deal with wholesaling, optical products or online-only retail.
Related Terms
ORTHOPAEDICS PROSTHESIS AUDIOLOGISTWhat's included in this industry?
Mobility aids Hearing aids Orthotic and prosthetic equipment Toiletries Other medical and orthopaedic articlesCompanies
Walgreens Boots Alliance IncAS Watson Groupdm-drogerie markt GmbH + Co. KGIndustry Code
4772 - Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles in specialized stores in Europe
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Performance
Key Takeaways
The rising senior population in Europe drives a surge in medical supply retail sales
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Chemists & Pharmacies in Europe industry (2011 -2029)
- Employees in the Chemists & Pharmacies in Europe industry (2011 -2029)
- Business in the Chemists & Pharmacies in Europe industry (2011 -2029)
- Profit in the Chemists & Pharmacies in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Chemists & Pharmacies in Europe industry?
Outlook
Analysis
What's driving the Chemists & Pharmacies in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Chemists & Pharmacies in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Chemists & Pharmacies in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
The European elderly population boom has spurred demand for mobility aids. Products like wheelchairs and stairlifts are increasingly sought after to assist the growing number of seniors with daily movements.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Chemists & Pharmacies in Europe industry's products and services performing?
Analysis
What are innovations in the Chemists & Pharmacies in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Chemists & Pharmacies in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The industry is comprised of small and medium businesses specialising in niche products. Focusing on a select range of services, many companies emerge as experts in their particular realms.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Walgreens Boots Alliance Inc
- Countries of operation for AS Watson Group
- Countries of operation for dm-drogerie markt GmbH + Co. KG
- Countries of operation for Dirk Rossmann GmbH
- Countries of operation for Stryker Corporation
- Countries of operation for Zimmer Biomet Holdings Inc
- Countries of operation for Sonova Holding AG
- Countries of operation for Specsavers Optical Group Ltd
- Countries of operation for PubliCare GmbH
- Countries of operation for Nuova Ortopedia Europa srl
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Medical and orthopaedic supply regulations predominantly target manufacturers. This suggests a lighter regulatory burden on retailers and end-users. The European Medical Devices Regulation now dictates device definition, safety codes and performance standards, and includes distributors in post-market monitoring.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Chemists & Pharmacies in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Retail giants drive profit via economies of scale, outperforming smaller competitors. Tech-advanced items, like internet-enabled hearing aids, significantly boost profit compared to basic medical supplies.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Chemists & Pharmacies in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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