ePharmacy market to grow up to 10-15% by 2025

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ePharmacy market to grow up to 10-15 by 2025
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• India is searching for online medicine apps more
  than any other country, out of Google Trends,
  which is Google's analytical platform and a
  dominant internet search engine. After India,
  UAE, Nepal, and Pakistan are the countries in the
  rank list who are looking for the medicines
  and healthcare service platforms online.
• As per Google Trends' data, India is among the
  top five countries searching online medical apps.
  Some commonly search terms are 'buy online
  medicine', 'medical app', 'buy medicines' among
  others.

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• With the increasing concern about lifestyle
  diseases and some particular infection, access to
  essential medical services is turning into a
  challenge because of inadequate infrastructure
  and assets, mainly because of the lack of smart
  logistics management and data management. But on
  the other hand, the population is getting more
  educated and demanding helpful ways to get
  healthcare services, said at India-based
  pharmacy store development service provider. "The
  insights at Google Trend help motivate all
  stakeholders in the Indian healthcare ecosystem
  to put in an aggregate effort to accomplish more
  extensive appropriation of pharmacy app in
  India," he added.

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• The estimated size of the ePharmacy market in
  India is Rs 1,000 crore which is just 1 percent
  of the traditional Indian pharma market. It is
  estimated that by 2025 it may grow to 10-15
  percent of the total size. According to Frost
  Sullivan in a recent white paper on e-pharmacies
  in India - the market in India is estimated to be
  around 512 million ( 3,500 crores) in 2018 and
  is estimated to grow at a CAGR of 63 to reach
  the US 3,657 million ( Rs.25,000 crore) by
  2022. The report further reveals that although
  the e-pharmacy segment is at its nascent stage in
  India, it has the potential to grow to a very
  large industry segment in the near future.

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• Further, on analyzing Indian states for the same
  search term, it is observed West Bengal, Haryana,
  Delhi, Jharkhand, and Odisha have been the top
  five states where people have googled for online
  medicines and medical apps. The statistics show
  that more and more Indians are accessing the
  internet and that too on their smartphones. This
  notable and gradual change in behavior is an
  important factor for mHealth adoption. Free of
  cost accessibility of pharmacy apps can possibly
  make a difference, said Pharmacy store
  development service provider.

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• We at EMedStore have more than 6 years of
  experience in developing well ROI proven-made
  Business App e-commerce Website Development
  Company for Pharmacy to deliver a pharmacy app or
  pharmacy website within 5 days.
• If you are looking to extend your Pharmacy
  business, EMedStore is the right place for you.

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