Why should you purchase medicine online?
E-pharmacies seemed distant till a few years back. But, the advent and evolution of the digital medium could not keep the pharmaceutical business out of its reach for too long. Today, thanks to the virtual medium, we can order medicines with a simple touch or a click. The truth is that online pharmacies are proving to be a boon for patients and their families. Globally, the e-Pharmacy market is estimated to be growing at a CAGR of 16.81% (as per a report shared by Market Data Forecast ) - the industry is currently valued at USD 49.43 billion and is expected to cross USD 107.5 billion by 2026. The online pharmacies in India have been registering considerable growth year on year, too – there are about 50 registered e-Pharmacies in India presently, while the market size is about USD 0.5 billion (as per an article published by Invest India ) . By 2025, the e-Pharmacy industry is set to grow beyond USD 4.5 billion by 2025. The overall growth of the market size and the value of e-