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ePharmacy as we know it today, provides pharmacy services to its customers through the use of the Internet. This technology has been around for quite some time but it wasn't until sometime ago that it started to gain popularity and slowly started replacing the traditional pharmacy. One of the advantages of using e-pharmacy over the traditional type of pharmacy is that there is no face to face interaction required between the customer and the pharmacists. Increasing adoption of smartphones is expected to propel growth of the ePharmacy market. For instance, according to Pew Research Center, 76% of adults in the U.K. owned a smartphone in 2018. Increasing geriatric population is expected to offer lucrative growth opportunities for players in the ePharmacy market. For instance, according to United Nations Population Fund, geriatric population in Asia Pacific is expected to triple between 2010 and 2050 to reach 1.3 billion people by 2050. Moreover, increasing investment in e-pharmacy is also expected to aid in growth of the market. For instance, in November 2020, Alodokter, an Indonesian telemedicine app, raised an undisclosed amount of funding from MDI Ventures, the corporate VC arm of Telkom Indonesia, in order to launch e-pharmacy. Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/01/increasing-adoption-of-smartphones-and.html