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Follow on Google News | India Online Pharmacy Market Research Report 2020 - Ken ResearchIndia online healthcare products market research report provides statistics on gross merchandize value of Protein Supplements and Vitamins, Health Devices, Beauty and Personal Care, Health Food and Drinks, Fitness and Wellness, Ayurveda and Herbs.
By: Ken Research Pvt. Ltd There are certain trends in the industry which has led to the emergence of Online Healthcare Products Market in India. For years, the local pharmacies and nearby healthcare product shops have been supplying the products to the local customers, and have attained higher degree of trust and bond with them. The customers treat these shops as their family pharmacies, and sought to pay whatever price is asked. This trend was initially changed among the customers with the emergence of pharmacy retail chains like MedPlus, Apollo Pharmacies and Global Healthline, where customers can find wide range of products under a single roof with a less price range and high discounts. The total revenue generated by the online sales of Healthcare products in India was INR 5,075.9 million in FY’2015 which has increased from INR 771.0 million in FY’2012 at a CAGR of 87.4 during the period FY’2012-FY’ India’s online healthcare products market is at a very nascent stage and is growing year on year as people have switched their preferences towards shopping online. The major players are in a race to increase their share in the industry by implementing various marketing initiatives, technology advancements, switching to different business models and others. Healthkart is the leading player in the industry which has commanded a promising market share of worth ~% during FY’2015 in terms of GMV. The industry is likely to be driven by surge in internet penetration, rising personal disposable income, lower prices relative to brick and mortar stores, stupendous growth of Indian online retail market and a large number of online players entering the online healthcare product segment. The Indian Online Healthcare Product Industry is projected to grow rapidly in the future and form a major part of the Indian E-commerce industry by FY’2020. With new companies coming up in the segment, the product range offered by the companies will going to increase customers will have different product options. Key Topics Covered in the Report: The market size of Indian Online Healthcare Products Market in terms of GMV The market size of Indian Online Healthcare Products Market in terms of Average Order Size The market size of Indian Online Healthcare Products Market in terms of Number of Daily Orders Market segmentation of India’s Online Healthcare Products Market on the basis of Product Category and Major Cities Consumer Profiles of India Online Healthcare Market Players Business Models Prevalent in the Industry Trends and Developments in India’s Online Healthcare Products Market SWOT analysis of India’s Online Healthcare Products Industry Porter’s 5 Force Analysis of India’s Online Healthcare Products Industry. Company profiles for Major Players in India’s Online Healthcare Products Market. Competitive Landscape of India’s Healthcare Products Market India’s Healthcare Products Market Future Outlook and Projections Snapshot for India Online Pharmacy Market Source: https://www.kenresearch.com/ End
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