Pharmacy market size in India | Industry Trends & Growth Insights 2025

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Code: MTA10305

Publication Date: Oct 2025

What is the growth rate of the India Pharmacy Market?

According to 6Wresearch internal database and industry insights, the India Pharmacy Market is expected to grow at a CAGR of 10% during 2025-2031.

The main drivers of this growth are the rising popularity of home-care medication access, consumersâ€™ more health-conscious and wellness-minded lifestyles, and the growing use of online and retail pharmacy channels to help reduce delays and enhance treatment adherence.

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Growth Factors for India Pharmacy Industry

Increasing interest in plant-based and natural over-the-counter cures to use instead of traditional pharmaceuticals.
The increase in lifestyle-related health problems needing continuous prescription medicine has caused an increase in demand for pharmacy services.
Popularity among health-conscious consumers for their benefits of immediate access and personalized consultation.
National expansion of subscription-based delivery services of medicines and online pharmacy shopping.
Updated innovations surrounding ready-to-use medicine packs and apps to fulfill prescriptions and wellness purchases.

India Pharmacy Market Trends

Trends in the Indian Pharmacy Market include increased adoption of e-pharmacy services, home delivery models, and mobile app-enabled ordering systems. Blends of click-and-collect models and smart inventory management in retail outlets are developing alongside the development of independent pharmacy chains in tier-2 and tier-3 cities. Additionally, personalised medication packaging, sustainable operations, and influencer-led health campaigns are examples of additional opportunities for providers.

Emerging Developments in the India Pharmacy Market

Developments in the India Pharmacy Market include rising interest in integrated pharmacy ecosystems pairing digital prescription services with virtual counselling and remote refill alerts to improve adherence for patients. Companies are also developing automated vending machines, â€œready-to-serveâ€ packs, and regional delivery networks for convenience-seeking consumers. As online fulfilment becomes a crucial distribution channel, and access to pharmacy membership plans improves for consumers, companies are exploring deepening plans for pan-India expansion.