Coronavirus

Online Pharmacy Business grew in Corona’s Second Wave

Aastha Bhatia

Online pharmacy companies say that they are getting less supply than demand. If supply increases, there may be a further increase in sales. The demand for medicines, medical equipment and supplements in the second wave of Corona infection has given a new impetus to the business of e-pharmacy. There has been a lot of increase in the purchase of people from online medical stores. Business of companies running online pharmacy has increased from 25 to 65 per cent. The purchase of medicines, health supplements, medical equipments, masks and PPE is increasing considerably.

Demand for drugs, Oximeters and supplements increased

According to the Economic Times news, due to the ever-increasing lockdown and infection in the states, people are preferring to go to the drugstores and buy medicines from online stores instead of shopping. According to the online pharmacy 1mg, sales of DoxG and febiflu used to treat corona increased by 40–50 per cent in April compared to March. Apart from this, sales of masks, PPE and other items needed to prevent corona have increased by 50 percent.

Source: Google/ Image Credit: Business Standard

Sales will increase further when supply increases

Online pharmacy companies say that they are getting less supply than demand. If supply increases, there may be a further increase in sales. According to Prashant Tandon, co-founder and CEO of 1mg, customers are refraining from visiting chemist shops and diagnostic centers to take medicines and get them tested as there is a risk of infection. Because of this, they are doing more online shopping for medicines. Online pharmacy companies are getting more demand for supplements like mask, oxygen can, PPE kit, pulse oximeter and limcee tablet.

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