As we all know, every company is moving online these days, and the eCommerce industry has taken the lead – it becomes more than important for businesses to leverage their digital potential.
We only require a mobile phone nowadays to buy anything we desire with just a few snaps. The healthcare industry, like other industry sectors, has gone digital and proven to be extremely effective, with many on-demand delivery apps making people’s lives extremely easy.
With all of the functionalities and convenience it offers, it has created people’s life simpler with online medicine delivery apps.
Let’s find out what market statistics have to say about the importance of online medicine delivery apps –
The e-pharmacy industry had been having troubles in some ways, but Covid-19 caused a significant surge in the medical and healthcare industries. The online pharmacy systems noticed an exponential rise in demand.
Take a look at some industry statistics:
The e-pharmacy market was valued at 42.32 billion USD in 2018 and is projected to reach 107.53 billion U.s. dollars by 2025, as per Zion Market Analysis.
The international digital pharmacy industry is expected to be worth $210.35 billion by 2028, expanding at a 17.83 percent CAGR between 2021 and 2028.
4 ways to monetize through an online medicine delivery app.
Model-based on commissions
This is the fundamental model that almost all apps adhere to. Because an on-demand medicine delivery app offers pharmaceutical companies a platform through which they can distribute their product to purchasers, these companies are charged a specific percentage of commission on the medications sold or the number of transactions made on a daily basis.
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