The latest update of “Global Pharmacy Information System Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Pharmacy Information System Market.
Overview of the Pharmacy Information System Market:
In a large pharmacy, there are several different pharmacy information systems. The centralized pharmacy information system is one of the most common. The central system helps a physician in the decision-making process. It also provides powerful clinical decision support, including a bedside medication administration tool and third-party knowledge databases. It uses Windows client/server architecture to provide comprehensive patient safety and management capabilities. A hospital can use a pharmacy information system as a standalone solution. A pharmacy information system can also provide continuous monitoring and medication distribution. It is integrated with an e-prescription solution. With a comprehensive system, a pharmacist can manage all patient information and avoid errors in a pharmacy.
Drivers
Growing demand for electronic health records (EHRs) across the pharmaceutical sector to maintain patient-centered information is expected to augment the growth of the global pharmacy information system market during the forecast period. For instance, in November 2021, the India Brand Equity Foundation (IBEF) reported that pharmacy exports from India will reach over US$24 billion in 2021. Furthermore, increasing occurrences of prescription errors by pharmacists amidst increasing patient admissions are expected to further cushion the growth of the global pharmacy information system market over the forecast period.
Restraints
Complexity related to compliance with IT regulations is expected to limit the growth of the global pharmacy information system market.
Regional Insights
In geographic overview, North America has a commanding position in the global pharmacy information system market on the heels of early adoption of IoT (Internet of Things) across the healthcare sector and the presence of major players.
Another noteworthy region is the Asia Pacific, which is sustaining well for the global pharmacy information system market on account of favorable policies for pharmacists, high medicinal prescriptions, and increasing penetration of drug stores.
Competitive Landscape
- Major companies contributing to the global pharmacy information system market include Swisslog, Athenahealth, Parata Systems, eClinical Works, ScriptPro LLC, Epic Systems, Allscripts Healthcare Solutions, McKesson Corporation, Cerner Corporation, and Carestream Health.
- In October 2021, an online pharmacy services provider in Nigeria and Kenya, Shelf Life, opened its 800th facility on the African Continent.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Pharmacy Information System Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Pharmacy Information System Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- ScriptPro LLC
- Allscripts Healthcare Solutions
- Athenahealth, Parata Systems
- Cerner Corporation
- Swisslog
- Carestream Health
- eClinical Works
- McKesson Corporation
- Epic Systems
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Pharmacy Information System Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Inpatient Pharmacy Information Systems
- Outpatient Pharmacy Information Systems
By Applications, the market is segmented into:
- Cloud-Based
- On-Premise
- Web-Based
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Pharmacy Information System Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Pharmacy Information System Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Pharmacy Information System Market
1.6.1 How the Covid-19 is Affecting the Pharmacy Information System Market
1.6.1.1 Pharmacy Information System Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Pharmacy Information System Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Pharmacy Information System Market Perspective (2015-2028)
2.2 Pharmacy Information System Market Growth Trends by Regions
2.2.1 Pharmacy Information System Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Pharmacy Information System Market Historic Market Share by Regions (2015-2021)
2.2.3 Pharmacy Information System Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Pharmacy Information System Market Growth Strategy
2.3.6 Primary Interviews with Key Pharmacy Information System Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Pharmacy Information System Market Players by Market Size
3.1.1 Global Top Pharmacy Information System Market Players by Revenue (2015-2021)
3.1.2 Global Pharmacy Information System Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Pharmacy Information System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Pharmacy Information System Market Concentration Ratio
3.2.1 Global Pharmacy Information System Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Pharmacy Information System Market Revenue in 2019
3.3 Pharmacy Information System Market Key Players Head office and Area Served
3.4 Key Players Pharmacy Information System Market Product Solution and Service
3.5 Date of entering into Pharmacy Information System Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Pharmacy Information System Market Historic Market Size by Type (2015-2021)
4.2 Global Pharmacy Information System Market Forecasted Market Size by Type (2021-2028)
5 Pharmacy Information System Market Breakdown Data by Application (2015-2028)
5.1 Global Pharmacy Information System Market Size by Application (2015-2021)
5.2 Global Pharmacy Information System Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Pharmacy Information System Market Size (2015-2021)
6.2 Pharmacy Information System Market Key Players in North America (2019-2021)
6.3 North America Pharmacy Information System Market Size by Type (2015-2021)
6.4 North America Pharmacy Information System Market Size by Application (2015-2021)
7 Europe
7.1 Europe Pharmacy Information System Market Size (2015-2021)
7.2 Pharmacy Information System Market Key Players in Europe (2019-2021)
7.3 Europe Pharmacy Information System Market Size by Type (2015-2021)
7.4 Europe Pharmacy Information System Market Size by Application (2015-2021)
8 China
8.1 China Pharmacy Information System Market Size (2015-2021)
8.2 Pharmacy Information System Market Key Players in China (2019-2021)
8.3 China Pharmacy Information System Market Size by Type (2015-2021)
8.4 China Pharmacy Information System Market Size by Application (2015-2021)
9 Japan
9.1 Japan Pharmacy Information System Market Size (2015-2021)
9.2 Pharmacy Information System Market Key Players in Japan (2019-2021)
9.3 Japan Pharmacy Information System Market Size by Type (2015-2021)
9.4 Japan Pharmacy Information System Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Pharmacy Information System Market Size (2015-2021)
10.2 Pharmacy Information System Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Pharmacy Information System Market Size by Type (2015-2021)
10.4 Southeast Asia Pharmacy Information System Market Size by Application (2015-2021)
11 India
11.1 India Pharmacy Information System Market Size (2015-2021)
11.2 Pharmacy Information System Market Key Players in India (2019-2021)
11.3 India Pharmacy Information System Market Size by Type (2015-2021)
11.4 India Pharmacy Information System Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Pharmacy Information System Market Size (2015-2021)
12.2 Pharmacy Information System Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Pharmacy Information System Market Size by Type (2015-2021)
12.4 Central & South America Pharmacy Information System Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Pharmacy Information System Market Introduction
13.4 Pharmacy Information System Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Pharmacy Information System Market Key Market Segments
Table 2. Key Players Covered: Ranking by Pharmacy Information System Market Revenue
Table 3. Ranking of Global Top Pharmacy Information System Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Pharmacy Information System Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Pharmacy Information System Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Pharmacy Information System Market Players to Combat Covid-19 Impact
Table 10. Global Pharmacy Information System Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Pharmacy Information System Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Pharmacy Information System Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Pharmacy Information System Market Share by Regions (2015-2021)
Table 14. Global Pharmacy Information System Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Pharmacy Information System Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Pharmacy Information System Market Growth Strategy
Table 20. Main Points Interviewed from Key Pharmacy Information System Market Players
Table 21. Global Pharmacy Information System Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Pharmacy Information System Market Share by Players (2015-2021)
Table 23. Global Top Pharmacy Information System Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Pharmacy Information System Market as of 2019)
Table 24. Global Pharmacy Information System Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Pharmacy Information System Market Product Solution and Service
Table 27. Date of entering into Pharmacy Information System Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 30. Global Pharmacy Information System Market Size Share by Type (2015-2021)
Table 31. Global Pharmacy Information System Market Revenue Market Share by Type (2021-2028)
Table 31. Global Pharmacy Information System Market Size Share by Application (2015-2021)
Table 33. Global Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 34. Global Pharmacy Information System Market Size Share by Application (2021-2028)
Table 35. North America Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Pharmacy Information System Market Share (2019-2021)
Table 37. North America Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 38. North America Pharmacy Information System Market Share by Type (2015-2021)
Table 39. North America Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 40. North America Pharmacy Information System Market Share by Application (2015-2021)
Table 41. Europe Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Pharmacy Information System Market Share (2019-2021)
Table 43. Europe Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Pharmacy Information System Market Share by Type (2015-2021)
Table 45. Europe Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Pharmacy Information System Market Share by Application (2015-2021)
Table 47. China Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Pharmacy Information System Market Share (2019-2021)
Table 49. China Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 50. China Pharmacy Information System Market Share by Type (2015-2021)
Table 51. China Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 52. China Pharmacy Information System Market Share by Application (2015-2021)
Table 53. Japan Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Pharmacy Information System Market Share (2019-2021)
Table 55. Japan Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Pharmacy Information System Market Share by Type (2015-2021)
Table 57. Japan Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Pharmacy Information System Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Pharmacy Information System Market Share (2019-2021)
Table 61. Southeast Asia Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Pharmacy Information System Market Share by Type (2015-2021)
Table 63. Southeast Asia Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Pharmacy Information System Market Share by Application (2015-2021)
Table 65. India Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Pharmacy Information System Market Share (2019-2021)
Table 67. India Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 68. India Pharmacy Information System Market Share by Type (2015-2021)
Table 69. India Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 70. India Pharmacy Information System Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Pharmacy Information System Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Pharmacy Information System Market Share (2019-2021)
Table 73. Central & South America Pharmacy Information System Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Pharmacy Information System Market Share by Type (2015-2021)
Table 75. Central & South America Pharmacy Information System Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Pharmacy Information System Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Pharmacy Information System Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Pharmacy Information System Market Share by Type: 2021 VS 2028
Figure 2. Global Pharmacy Information System Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Pharmacy Information System Market Report Years Considered
Figure 8. Global Pharmacy Information System Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Pharmacy Information System Market Share by Regions: 2021 VS 2028
Figure 10. Global Pharmacy Information System Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Pharmacy Information System Market Share by Players in 2019
Figure 13. Global Top Pharmacy Information System Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Pharmacy Information System Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Pharmacy Information System Market Revenue in 2019
Figure 15. North America Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Pharmacy Information System Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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