Imagine a world where you could order any medication you need, no matter where you live.
According to a recent study by WHO, 2 billion people have difficulty accessing essential medications due to stock shortages or limited availability.
A global pharmacy platform could solve this problem by connecting pharmacies worldwide and ensuring a consistent supply of medicines.
However, building such a platform isn’t as simple as setting up an online store.
It requires careful planning, technological expertise, and a deep understanding of the healthcare industry.
In this blog, we’ll explore the key challenges and opportunities involved in building global pharmacy software solutions.
We’ll discuss topics like international regulations, inventory management, payment processing, and customer service.
By the end, you’ll have a better understanding of what it takes to create a successful platform and revolutionize the way pharmacies operate.
The Global Medication Shortage Problem
Medicine shortages are happening all over the world.
In Europe, a survey showed that between November and December 2022, 100% of the 29 countries in the EU reported shortages.
The biggest issues were with anti-infectives, respiratory drugs, and medications for heart and stomach conditions.
In the UK, there’s a shortage of HRT. In the US, hospitals are struggling to get liquid ibuprofen.
But it’s not just about low supply. Over-prescribing is a problem too. For example, the UK’s NHS loses around £300 million each year because of unused medicine.
That’s a lot of waste! A global pharmacy platform could help fix this.
It could connect pharmacies across countries, share medicine supplies, and keep stock levels healthy.
How An International Pharmacy Platform Can Save Money and Open New Markets
Americans pay more for prescription drugs than anyone else. It’s frustrating and stressful for millions of people.
The high cost of medications leads to expensive copays, and sadly, some people can’t afford the life-saving drugs they need.
A global pharmacy platform can be the solution.
By using the price difference between countries, this platform can help Americans save big on their prescriptions.
For example, patients using a Canada to USA medication shipping app save around 50% on their prescriptions.
That’s a huge difference! Now, imagine expanding this idea beyond Canada and the USA.
You could tap into other markets where medications are expensive, like Mexico, India, or Brazil.
It’s not just about saving money—there’s also a big business opportunity here.
By focusing on affordability, you can help more people while building a profitable and sustainable business.
4 Key Challenges in Building a Cross-border Pharmacy Solution
Building a global pharmacy management platform isn’t easy.
Here are the main challenges you’ll face.
Let’s Explore Solutions & Role of Tech Partner
Case Study: Developing a Global Pharmacy Platform for Our Canadian Client
We recently teamed up with a Canadian client to create a global pharmacy platform.
Their goal was to make medication shipping easier and improve the user experience while following strict rules.
What We Did
We built a platform with key features like:
- Admin Dashboard: This helps manage users, track orders, and keep an eye on inventory.
- Medicine Store Dashboard: Pharmacies can manage orders and communicate with customers through alerts and feedback.
- Patient Features: A simple design for users to make secure payments, track orders, and get customer support.
Focusing on Users
We also put a lot of effort into making the platform user-friendly.
We tested different designs to ensure easy navigation and personalized experiences.
This helped reduce the number of users who dropped off before completing their orders.
The Result
In the end, we created a powerful global pharmacy platform that met all our client’s needs. They can now easily ship medications and provide a great experience for their users.
Consider Adding a Pharmacy and eCommerce Integration to Boost Revenue
If you’re building a global pharmacy platform, here’s a thought: why not add a pharmacy and eCommerce section?
Since the pandemic, many healthcare businesses have been finding new ways to make money.
For example, telemedicine providers now offer online pharmacy services. And online pharmacies are starting to provide telemedicine.
