Future of online pharmacy business in Middle East Countries

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Future Of Online Pharmacy Business In Middle East
Countries
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(No Transcript)
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• The online pharmacy industry in the gulf is still
  in the early development stages compared to
  international standards. Regardless of that, it
  is changing through change and simplifying
  government regulations, expanding its
  effectiveness and improving health care. Based on
  that, the online pharma industry in the middle
  east will face many changes in the following
  couple of years, which will provide significant
  investment opportunities. Online pharmacy
  websites are expected to increase. Thanks to the
  increase in foreign investment in this industry.

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Population growth in the middle east will be a
key growth driver for the online pharmacy sector.
The population is foreseen to grow from 37.5
million in 2018 to almost 50 million in 2022.
High levels of urbanization and a strong
expatriate presence likewise support
pharmaceutical sales growth in the region. The
population aged 60 years or more is projected to
increase from 1.9 million in 2017 to 17.8 million
in 2050. The elderly population forms a major
slice of the general e-pharmacy spending in the
middle east and will likewise drive
growth. Vision 2030 that was recently launched
in Saudi Arabia is an incredible motive to
advance online pharmacy as it will authorize
health insurance, privatize/corporatize
healthcare in Saudi Arabia and welcomes foreign
investors in all parts of the industry including
pharma. This accompanied incredible governmental
support for foreign investors.
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• The great concern is that most of the pharmacy
  store in the middle east countries are producing
  generics, yet the market is open for
  international global investors. This will
  definitely create a huge demand for online
  pharmacy store.

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• EMedStore is an International award-winning Pharma
  application development company providing
  hands-on solutions in the pharma industry which
  can help clients to grow their online pharmacy
  business with 30 more.

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We are a pioneer and market leader worldwide for
developing online pharmacy websites and medicine
delivery applications. Get in touch with our
experts for a free assessment today by simply
dropping us an email on info_at_emedstore.in or call
us 91 973 771 2429 directly.
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