Online Pharmacy - Medicine Delivery App Development: Industry Overview & Trends
It’s 2022, and the pharma industry is rapidly growing and changing as its customers’ buying habits change. The pharma industry is becoming more patient-centric, and this trend will continue due to technological advances in the field. It is becoming more global, more digital, and more competitive. And that is why most pharmacists are looking for ways by which they can compete in the market and thrive.
Medicine delivery apps, which sell medicines and medicines to customers online, are one such opportunity that has been around for quite some time but is still growing rapidly as consumers look for more convenient ways to purchase their medicines online. If you’re considering developing a medicine delivery app, then this is the only guide you’ll ever need. This guide will show you the trends in online pharmacy, the main challenges you’ll likely encounter in medicine delivery app development, and how to create your medicine delivery app.
• Let’s learn how you can create a medicine delivery app that can transform healthcare and can turn it into a successful business. • The process of developing a medicine delivery app is not that different from creating any other on-demand app. However, there are several specific aspects you should take into account when building an app like Netmeds or 1mg. It would be best if you kept a few things in mind to create an app that meets your requirements. • If you’re wondering why I should invest in a medicine delivery app in 2022? Let us look at the market forecast for the same.
Industry overview:
• The online pharmacy market size already surpassed 68 billion USD in 2021 and is expected to reach 207.2 billion USD by 2028. It is anticipated to witness a growth of over 16.8% CAGR during that period. • The report noted that the growth of online pharmacies was boosted by the growing penetration of online pharmacy platforms across the world and an increase in the awareness regarding services offered by e-pharmacy. [GMI Research] • ePharmacy market consists of OTC products and medicine order medicine, among which the OTC products segment held over 70% market share in 2021, while medicine order medicines contributed the remaining 30%. But do you ever wonder why customers are inclined toward ePharmacies? Let us find out.
Why are customers inclined towards ePharmacies? • When it comes to the benefits customers enjoy from online pharmacies, there are many factors like ease of purchasing, quality services, availability of a range of medications, and increasing accessibility to the internet that has shifted the customer preference towards e-pharmacy platforms. Additionally, a substantial increase in smartphone users will propel the global market further as it enables ePharmacy providers to capture a broad range of customer bases across the developed and developing economies.
• If you’re considering developing a medicine delivery app for your pharmacy, then this medicine delivery app development guide by EMedStore will help you to get an online platform. • Kindly contact us to start a free trial of SaaS online pharmacy .
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