"World Pharmacy" was the term used by Indian PM Shri Narendra Modi at the Global Innovation Summit for the pharmaceutical industry in 2021.
During the same conference, while addressing the audience, he stated that India supplied over 150 countries with life-saving drugs and medical equipment during the early stages of the epidemic.
In the same year, the government sold more than 65 million doses of COVID-19 vaccine to about 100 nations. All of this indicates the capabilities of the Indian pharmaceutical business which in itself is the biggest reason to get a degree in pharmacy.
The health and pharmaceutical industries are flourishing which means more job prospects in this sector. In addition, as India's internet user base grows, so does the need for home pharmacies and online pharmacy businesses, and so does the opportunity for e-commerce pharmacists.
Thus in today's blog, we discuss why the pharmacy profession is in great demand and the top reasons to get a pharmacy degree.
So without further ado, let us have a look.
Reasons to Get a Degree in Pharmacy
Not everyone can tolerate surgery and blood and that is what makes pharmacy an excellent career choice. Consider these seven factors that contribute to the industry's promising future.
High Demand
According to IBEF, the Indian pharmaceutical industry satisfies more than half of the world's demand for various vaccinations and is the world's largest producer of generic medications.
The Indian pharmaceutical sector is one of the world's largest, expanding the scope of Pharma studies both in India and abroad. According to the IES (Indian Economic Survey) 2021 estimate, the domestic market is expected to quadruple over the next decade.
The domestic pharmaceutical sector in India was valued at US billion in 2021, rising to US billion by the end of 2024 and reaching US0-130 billion by 2030. All of this indicates that this industry is seeing tremendous expansion.
Help People Stay Healthy
Pharmacists play a crucial role in helping people feel better and stay healthy. They significantly improve people's lives by providing services such as medication adherence, drug interactions, consultations, and more.
Helping others has a "feel-good" impact and is perhaps the most compelling reason most individuals desire to work in a pharmacy.
Scientific Research and Development Opportunities
India's pharmaceutical sector is one of the world's largest. R&D is an important field in which novel medicine research, formulation development, analysis and toxicity studies are conducted. These studies are carried out with sophisticated and new technology.
Highly qualified researchers and technicians with an M.Pharm or a PhD are in high demand for research and development.
An Essential Member of the Healthcare Team
Pharmacists play an important role in reducing hospital admissions while also managing medical treatment and chronic disorders. In fact, they are the ones who connect the medical world's dots by assisting patients in better comprehending their medical problems and providing proper medical treatment.
A Career That is Both Stable and Flexible
Whether there is a war, a natural disaster, or an economic downturn, pharmacists appear to be in high demand, therefore they are unlikely to be out of work very soon.
And because their demand is so great, job security will be significantly increased. Furthermore, becoming a pharmacist broadens your knowledge base because you must stay current on technological advancements in the profession.
Career Diversity
Pharmacists are sometimes mistaken to only work in chemist shops, medical stores, or dispensaries. However, there are several work opportunities for people who want to become pharmacists.
The healthcare and retail industries are two major areas that require pharmacist knowledge. Despite working in these two industries, you may also put your abilities to use in academia, medical research, or as a laboratory assistant.
A Respectable Profession
Of course, the most compelling reason to pursue any career is because of your likeness to it. However, it's always a pleasure to work in a position that society cherishes.
As your career as a pharmacist progresses you get to know your regular patients and the people in your neighborhood and tend to form trusted bonds with them. Those who have been under your care for a long period are likely to hold the utmost esteem for you and what you accomplish.
Study Pharmacy at Sai Group of Institutions
With all of the above information, it is evident that pharmacy is a diverse and recession-proof vocation. Therefore, if you wish to pursue a profession in healthcare, Sai Group of Institutions would be a great choice.
As the best pharmacy college in Dehradun, SGI fulfills its purpose of helping students turn their interest in healthcare into a challenging and well-paying career. For additional information, visit sipasddn.com.