Emergence of Covid-19 and Significant Growth in E-Commerce Sector Boosts Demand for E-Pharmacy

Jan 12
03:52

2021

Sachin CMI

Sachin CMI

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The introduction of online services for filling prescription medications has also created a boom in the e-pharmacy sector.

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An e-pharmacy,Emergence of Covid-19 and Significant Growth in E-Commerce Sector Boosts Demand for E-Pharmacy  Articles also known as online pharmacy, is a retail pharmacy that operates online via the Internet and delivers orders to users through electronic mail, shipping services, or pharmacy web portal. This kind of business model has been around for several years, but it has only gained more attention in recent years, owing to the emergence of Covid-19 and significant growth in the e-commerce sector.

According to the Indira Gandhi Institute for Health and Behavioral Research, there are three main reasons why people use e-pharmacies. First, they provide convenient access to prescription drugs, especially for those who are physically challenged and do not have the time to visit a traditional pharmacy. Secondly, e-pharmacies are affordable compared to most healthcare options. Finally, e-pharmacies may be a valuable resource for those suffering from either addiction or depression and are thus a wise investment.

There are several factors that affect e-pharmacy's popularity worldwide is increasing internet penetration. Internet penetration in China reached 61.2 percent in the first half of 2019, with 854 million internet users at the end of June 2019. Because of this, an increasing number of individuals living in rural areas can now order medications online, cutting down on their trips to traditional pharmacies, which can be more expensive.

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