The total value of online pharmacies across India in 2019 amounted to approximately 20 billion U.S. dollars. Out of this, the market share for addressable medicines was around 47 percent. This was expected to go up to over 60 percent by 2023. The rise of chronic disease treatments along with the ease of ordering medicines online through e-pharma outlets are attributed for this estimated spike of market share.
Share of online pharmacies in India from 2019 to 2023, by market type
Characteristic
2019
2023*
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EY. (May 30, 2019). Share of online pharmacies in India from 2019 to 2023, by market type [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/
EY. "Share of online pharmacies in India from 2019 to 2023, by market type ." Chart. May 30, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/
EY. (2019). Share of online pharmacies in India from 2019 to 2023, by market type . Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/
EY. "Share of Online Pharmacies in India from 2019 to 2023, by Market Type ." Statista, Statista Inc., 30 May 2019, https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/
EY, Share of online pharmacies in India from 2019 to 2023, by market type Statista, https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/ (last visited July 22, 2024)
Share of online pharmacies in India from 2019 to 2023, by market type [Graph], EY, May 30, 2019. [Online]. Available: https://www.statista.com/statistics/1027660/india-online-pharmacies-share-by-market-type/