With the slowdown in world economic growth, the Pharmacy Management System Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Pharmacy Management System market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, Stratagem Market Insights analysts believe that in the next few years, Pharmacy Management System market size will be further expanded, we expect that by 2026, The market size of the Pharmacy Management System will reach XXX million $.
The pharmacy management system also referred to as the pharmacy information system is an advanced technology that stores data and organizes and manages the use of the medication process in the pharmacies. These systems are only applicable to pharmacy's use only, or in a hospital setting and include data entry and retention, user interface, and security system that protect the patient's health information. The pharmacy management system offers an effective and safe dispensing of pharmaceutical products. Nowadays these systems have become essential parts for managing daily operations and clinical programs.
Rising needs to streamline the healthcare operations smoothly due to expanding the healthcare service portfolio is predominantly fueling the market growth of the pharmacy management system. Moreover, the increasing focus of the manufacturer to introduce innovative pharmacy management service is further anticipated to foster market growth over the forecast period. For instance, in October 2019, CVS Specialty announced the launch of Specialty Expedite, a pharmacy solution that uses technology to help patients get medications significantly faster, and keep them informed of the status of their prescription.
From the regional assessment, North America is expected to gain significant growth over the forecast period and this can be attributed to the presence of a well-established healthcare sector coupled with the rising number of partnerships and collaboration among major players in the region. For instance, in February 2017, Community Care of North Carolina (CCNC) is facilitating collaboration of health information technology (HIT) and pharmacy management vendors to enhance community-based pharmacists in offering integrated clinical services to patients.
Key Developments:
- In February 2018, McKesson Pharmacy Systems has announced a new partnership with Creative Pharmacist, which engaged in providing pharmacies with innovative clinical pharmacy solutions. This partnership can empower pharmacies using McKesson’s pharmacy management systems with the ability to manage Pharmacist eCare Plans.
- In May 2017, Appriss Health, provider of the most comprehensive platform for substance use disorder in the U.S., announced a partnership with QS/1 to integrate NarxCare into QS/1’s Pharmacy Management Systems.
- In October 2018, OmniSYS, a provider of healthcare technology announced a strategic partnership with ScriptPro, a global leader in end-to-end pharmacy management solutions. By this partnership, ScriptPro's SP Central Pharmacy Management System will integrate with OmniSYS's Fusion-Rx interactive voice response (IVR) solution to offer a single solution that manages operations and handles inbound calls for pharmacies.
- In March 2018, Centene and RxAdvance formed a transformative partnership to create next-generation pharmacy management solutions to improve health outcomes and reduce avoidable drug-impacted medical and administrative costs.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution, etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume, and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment, etc. cover different segment market sizes, both volume, and value. Also cover different industries client's information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Details
➣ Allscripts
➣ Epicor Software
➣ McKesson
➣ ACG Infotech
➣ Clanwilliam Health
➣ Datascan
➣ Foundation Systems
➣ GlobeMed
➣ Health Business Systems
➣ Idhasoft
➣ Liberty Software
➣ LS Retail
➣ MedHOK
➣ Mobile MedSoft
➣ Panama Technologies
➣ PioneerRx
➣ Safe Care Technologies
➣ ScriptPro
Section 4: Region Segmentation
➣ North America Country (United States, Canada)
➣ South America
➣ Asia Country (China, Japan, India, Korea)
➣ Europe Country (Germany, UK, France, Italy)
➣ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Type Segmentation
Product Type Segmentation ⤍
➣ Cloud-based
➣ On-premises
Industry Segmentation ⤍
➣ Pharmaceutical Factory
➣ Pharmacy
➣ Hospital
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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