India E pharmacy market is expected to grow at a double digit CAGR during the forecast period, FY2023-FY2027. Preference shift to give e prescriptions to patients from hospitals is fueling the market growth. High proliferation of smart devices, tablets among the potential consumers is paving the way for E pharmacy market growth. Rising disposable income among the middle-class families is aiding to increase the affordability to avail the E pharmacy services. High end investments by major players of E pharmacy market to increase its reach to potential buyers is on rise. Increase in demand from online pharmacy retailers who also offers complimentary services of home delivery and online payment is considered the major driver for India E pharmacy market. Rising population of India and unavailability of stores in remote areas is shifting the demand towards adoption of E pharmacy at large scale. Government initiative for digital India to transform the country by digitally connecting every corner of the India which is expected to enhance the market for E pharmacy sector. Increase in healthcare insurance facilities provided by public and private industries which covers even larger population who can take financial aids in case of emergencies is fostering the E pharmacy market in India.

India E pharmacy market is segmented into drug type, product type, operating platform, business model, region, and company. Based on product type, market is further divided into skin care, dental, cold and flu, vitamins, weight loss and others. Skin care segment is expected to dominate the E pharmacy market for the next five years. High expenditure to buy skin care products is rising at a rapid pace. Investment by key players to promote the product and increasing brand awareness among the minds of consumers is fostering the market demand. Increasing awareness regarding the use of skincare segments and high demand to consume nutrition such as vitamins tablets is driving the E pharmacy market.

The major players operating in the India E pharmacy market are Medlife International Private Limited, 1mg Technologies Private Limited, Apollo Pharmacy Pvt. Ltd, Buy Drug Pvt. Ltd., Care On Go, Bright Lifecare Pvt. Ltd. (Healthkart), Medidart Healthcare Services Pvt. Ltd., MedsonWay Solutions Pvt. Ltd., Metapharmacy.in, MyraMed, NetMeds Market Place Private Limited, mChemist, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: FY2017-FY2020

Base Year: FY2021

Estimated Year: FY2022

Forecast Period: FY2023–FY2027

Objective of the Study:

  • To analyze the historical growth of the market size of India E pharmacy market from FY2017 to FY2020.
  • To estimate and forecast the market size of India E pharmacy market from FY2021 to FY2027 and growth rate until FY2027.
  • To classify and forecast India E pharmacy market based on drug type, product type, operating platform, business model, region, and company.
  • To identify dominant region or segment in the India E pharmacy market
  • To identify drivers and challenges for India E pharmacy market
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India E pharmacy market.
  • To identify and analyze the profile of leading players operating in India E pharmacy market.
  • To identify key sustainable strategies adopted by market players in India E pharmacy market.


Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of India E pharmacy market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • E Pharmacy service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to E Pharmacy market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India E pharmacy market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India E Pharmacy Market, By Drug Type:

    • Prescription Drugs
    • Over the Counter (OTC) Drugs
  •  India E Pharmacy Market, By Product Type:
    • Skin Care
    • Dental
    • Cold and Flu
    • Vitamins
    • Weight Loss
    • Others
  • India E Pharmacy Market, By Operating Platform:
    • App
    • Website
  • India E Pharmacy Market, By Application:
    • Telepathology
    • Telecardiology
    • Teleradiology
    • Teledermatology
    • Telepsychiatry
    • Others
  • India E Pharmacy Market, By Business Model:
    • Inventory/Warehouse Based Model
    • Market Place Based Model
  •  India E Pharmacy Market, By Region:
    • North
    • South
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India E pharmacy market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India E pharmacy market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India E Pharmacy Market

4.    Executive Summary

5.    Voice of Customer

6.    India E Pharmacy Market Outlook, FY2017-FY2027F

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Drug Type (Prescription Drugs and Over the Counter (OTC) Drugs)

6.2.2.     By Product Type (Skin Care, Dental, Cold and Flu, Vitamins, Weight Loss and Others)

6.2.3.     By Operating Platform (App v/s Website)

6.2.4.     By Business Model (Inventory/Warehouse Based Model v/s Market Place Based Model)

6.2.5.     By Company (FY2021)

6.2.6.     By Region (North, East, West, South)

6.3.  Product Market Map

7.    North India E Pharmacy Market Outlook, FY2017-FY2027F

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Drug Type

7.2.2.     By Product Type

7.2.3.     By Operating Platform

7.2.4.     By Business Platform

8.    South India E Pharmacy Market Outlook, FY2017-FY2027F

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Drug Type

8.2.2.     By Product Type

8.2.3.     By Operating Platform

8.2.4.     By Business Platform

9.    East India E Pharmacy Market Outlook, FY2017-FY2027F

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Drug Type

9.2.2.     By Product Type

9.2.3.     By Operating Platform

9.2.4.     By Business Platform

10.  West India E Pharmacy Market Outlook, FY2017-FY2027F

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Drug Type

10.2.2.  By Product Type

10.2.3.  By Operating Platform

10.2.4.  By Business Platform

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  India Economic Profile

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles (Leading Companies)

15.2.1.  Medlife International Private Limited

15.2.1.1.      Company Details

15.2.1.2.      Services & End Users

15.2.1.3.      Financials (As Reported)

15.2.1.4.      Current & Future Strategy

15.2.1.5.      Key Management Personnel

15.2.1.6.      Contact Details

15.2.2.  1mg Technologies Private Limited

15.2.3.  Apollo Pharmacy Pvt. Ltd.

15.2.4.  Buy Drug Pvt. Ltd.

15.2.5.  Care On Go

15.2.6.  Bright Lifecare Pvt. Ltd. (Healthkart)

15.2.7.  Medidart Healthcare Services Pvt. Ltd.

15.2.8.  MedsonWay Solutions Pvt. Ltd.

15.2.9.  Metapharmacy.in

15.2.10.                MyraMed

15.2.11.                NetMeds Market Place Private Limited

15.2.12.                mChemist

16.  Strategic Recommendations

17. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com