The Future of Pharmaceutical Industry in India


The Indian pharmaceutical industry has created a benchmark by becoming the largest producer of drugs till date, also it is progressively moving forward and changing for the better bringing in newer opportunities and perspectives. Read on the article to know more.


Pharmacy is an essential part of the healthcare industry. While the term Pharmacy can be complex, “It is the science and practice of ascertaining, preparing, creating, distributing, and reviewing drugs, ensuring that use of drugs is safe, effective, and affordable”. Treatment, diagnosis, consultation or post-treatment neither of them is possible without pharmacy. Moreover, it is more likely to affect the health care sectors.

Currently, the pharma industry has gone through some major changes, let’s have a look at it in detail,

The Indian pharmacy sector has gone through shifts and is likely to continue for a while. Due to health awareness and changing health care needs, there has been rapid growth and development in the pharmaceutical sector.

More so, people rely on large pharmaceutical companies rather than retail pharma stores and e-pharmacies due to many benefits which also include offering cash discounts to the customers because of effective supply chain and logistic management.

Inception of E-pharmacies

The Indian pharmacy has upgraded itself by initiating e-pharmacies. Streamlining traditional pharmacy with e-pharmacy has resulted in benefits like,

· Convenience in buying medicines
· Lesser consumption of time
· 24x7 accessibility
· Availability of medicines not available in store

As per research, there has been a continuous growth in the e-pharmacy market from the last five years and will continue to grow till the year 2023. Furthermore, it can be said that e-pharmacy might steadily take the Indian pharmaceutical industry to a whole new level in the future.  

Anyhow, the progress level so far in e-pharmacy and retail pharmacy or traditional pharmacy indicates a brighter future of the Indian pharmaceutical sector. Besides that, if more and more e-pharmacy stores begin to come, a gradual change in the Indian pharmacy Industry can be expected.

Moreover, starting a career in pharmacy is more likely to provide several job opportunities for the students in the near future. Hence, If you are interested to embark a career in the field of pharmacy, then choose Marwadi University. It's a NAAC A+ affiliated Insitute and the best option for pursuing a pharmaceutical degree. They provide 360° education and aim to create pharmaceutical professionals who are exceptionally good with team spirit, leadership and works for the improvement of the overall healthcare sector.

It’s also a new-age campus with world-class facilities, efficient faculties, and top management that help to make a prominent mark in the pharmaceutical industry. Furthermore, Marwadi University hoards some of the best equipment,  ultra-modern labs, and facilities which helps the student to gain proficient practical knowledge rather than just theoretical knowledge.

So, hurry and enroll in the top Institute of Gujarat, Marwadi University for pharmaceutical studies. Admissions are now open for 2020-21.
For further details about the pharmacy course click here. 

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