In 2019, the global e-pharmacy market was valued at USD62.59 billion and it was estimated that the market can grow at a CAGR of 12.5% in the upcoming years as per the Market Research Future.
Pharmacy mobile application is good at the following things:
The rise in the number of users
You can instantly respond to user’s feedback
Improves profits from the business by bettering
Reduction in overhead costs
Build up loyalty with the target audience by using push notifications and Informing them about the latest offers
Extended Fasting (EF)
Digital Marketing Platform
Gaining More Customers
Recognizable Corporate Brand
Non-stop Business Development
Improved Patient Care
Johnson & Johnson – $56.1bn
Pfizer – $51.75bn
Roche – $49.23bn
Novartis – $47.45bn
Merck & Co. – $46.84bn
The number of platforms that you plan to include in your pharmacy mobile application.
The number of features that are appropriate for your pharmacy app development.
The design of your mobile application can affect the overall cost.
Integration with 3rd party platform APIs is a customized feature and sometimes you may require adding Increases the cost required for the development of pharmacy mobile applications in your mobile application.
Using advanced technologies like AI and Machine Learning adds to the cost.
Required time for pharmacy app development.
The location of your pharmacy mobile application matters as the developers in the USA charge more as compared to Indian developers.
Size of the development team