ePharmacy Market Will Generate Booming Growth Opportunities to 2032
The global ePharmacy market was valued at USD 78 billion in 2021 and is expected to reach USD 177.7 billion by 2026, at a CAGR of 16.5% during the forecast period 2022 to 2032. Easy purchasing, availability of a range of medications and quality medical services on the internet is holding up the customer preferences and shifting them to e pharmacy platforms. A large number of smartphone sales and spreading awareness about the concept of epharmacy. The rising geriatric population base that suffers from chronic diseases and staying in remote areas increases sales through ePharmacy. This also affects the e-pharmacy market in India as sales of smartphones are increasing here as well. Lucrative offers, high discounts, and easy accessibility help end users navigate and order medicines easily, part of the ePharmacy business model. This drives the global market and increases sales through epharmacy. With the increasing accessibility of e-comme...