Posts

Showing posts with the label India E Pharmacy Market Trends

India E Pharmacy Market to Grow at a Robust Rate of 21.28% through FY2027F

Image
  Growing internet penetration is expected to drive the growth of India E pharmacy market during the forecast period. According to TechSci Research report,  “ India E Pharmacy Market  By Drug Type (Prescription Drugs v/s Over the Counter (OTC) Drugs), By Product Type (Chronic Diseases, Skincare, Nutritional Supplements, Medical Equipment, Others), By Operating Platform (Website v/s Apps), By Business Model (Inventory/Warehouse Based Model v/s Market Place Based Model), By Region, Competition Forecast & Opportunities, FY2027F” , India E Pharmacy market stood at USD344.78 million in FY2021 and is expected to witness a robust growth of around 21.28% during the forecast period on account of growing prevalence of various chronic diseases such as cardiovascular diseases, cancer, diabetes, gastrointestinal disorders, among others. This in turn has increased the patient pool. E Pharmacies primarily cater to the medical requirements of chronic patients, thereby fueling the market growth. Ad