The pharma business in India is one of the largest and most highly competitive sectors, driven by the growing demand for various medicines and other healthcare products. Tapping into this opportunity, many online pharma sellers and medicine home delivery apps have emerged in recent years. The e-pharma business in India is projected to grow to a value of $4.5 billion by 2025.
To capitalise on the market and gain an edge over the competitors, the medicine delivery apps have to live up to the consumers’ expectations, like easy access and instant home delivery. With increased accessibility, affordability, and convenience, these apps have not only changed the way people shop for medicines but also transformed the healthcare industry.
This blog will explore in detail the medicine home delivery apps.
As the name suggests, medicine delivery apps are applications that facilitate the delivery of medicines to customers. The business either partners with a network of local pharmacies or works with an in-house inventory to fulfill the order. The app may display nearby pharmacies that have the required medicines in stock.
Today, many medicine delivery apps are available which offer a wide range of medications. They often include features like doctor consultations and lab test booking options.
Let’s explore how a medicine delivery app works.
The global online pharmacy market was worth 52.6 billion US dollars in 2019. By 2025, it is expected to reach 333 billion US dollars. Similarly, the online medicine delivery segment is expected to generate substantial revenue, reaching a significant market size growing at a CAGR of 11.66% between 2023 and 2028.
So, what has led to the growing popularity of medicine home delivery services? Some of the biggest reasons are convenience, less time-consuming, availability of a wide range of medicines in a single app and discounted prices.
Your customers can easily search for their medicines online, add them to the cart, make the payment online, and have them delivered right in front of their doorsteps. This is comparatively more convenient than waiting in lines at the pharmacy. It’s highly beneficial for people with mobility issues, severe health conditions, or who live in areas where they have limited access to pharmacies.
Medicine delivery apps have made buying medicines more affordable. It’s because they have lower overhead costs and can often offer these medications at discounted prices. It also allows customers to compare prices different online pharmacies charge for the same medicines to find the best deals.
With a wider range of medications, even those not easily available in local areas, medicine delivery apps cater to a broader audience. In addition to convenience, privacy, and quick home delivery, you can offer your customers a more personalised experience through medicine delivery apps.
Customers can confidently order their medicines online without worrying about their quality. It’s because all online pharmacies and medicine delivery apps with their own retail stores must be registered with the Central Drugs Standard Control Organization (CDSCO). They’ll be able to sell drugs all over the country with a single licence.
The best medicine delivery apps must have the following features that makes it an effective one for the users:
As a seller, you should ensure that you comply with all laws and regulations related to running a medicine delivery app, selling medicines, prescription verification, proper storage of medicines, etc.
Quick medicine home delivery services offer a range of benefits to pharma sellers. Some of the advantages are covered below.
Shiprocket Quick is a hyperlocal delivery app designed to make local deliveries cost-effective, fast, and reliable for local businesses. We offer the following features to simplify hyperlocal deliveries of medicines.
If you are an e-pharma business without your own delivery service, you can utilise Shiprocket Quick for your medicine order fulfillment. You can start using the app in a few simple steps – place a shipment request, a rider is assigned, they reach the location and pick up the order, and the order is delivered to your customer’s doorstep.
Selling medicines via medicine delivery apps can help you reach wider customers across the nation. You can streamline your processes, stay competitive in the market, and enhance customer satisfaction by incorporating the latest technologies into your app. Digitalising how you sell medicines can also help unlock new revenue streams and position your business for growth.
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