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Global Pharmacy Information Systems Market Research and Forecast 2018-2023

July 2018 | | ID: G44E5D98C2DEN
Orion Market Research Private Limited

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A Pharmacy Information Systems (PIS) is a digital software which records, manages, and stores data for patient’s medication and inventory of medical store. PIS are basically designed to store accurate data of medicines which are used in diagnosis of any disease. In addition, it enables in managing patient profiles, processing and billing, workflow, accounts receivables, and inventory. One of the key features of an PIS is, the information regarding shortage of medicine and patient’s medication can be easily generated and managed by pharmacist in a digital format. Factors motivating the growth of this market includes increase in demand of people for better quality of healthcare services and growing adoption of cloud-based PIS across various segments of healthcare sector. High initial cost, complex technological guidelines of PIS software and privacy & data breach are major restraining factors which affect the growth of this market. However, people are more intended for cloud-based PIS services enables in providing patient medication information in detailed manner from anywhere at any point of time. Currently, the roles and applications of PIS in the healthcare system include clinical care functions and research for in depth understanding of medication reports for better diagnosis. In addition, the increased funding by government and major players in drugs and medication R&D in merging nation are the major opportunities for this market.

Geographically PIS market is divided into North America, Europe, Asia Pacific and Rest of the World. North America is the largest market in terms of deployment and the revenue generation. Technological advancement, better healthcare infrastructure and government support in the region driving the market. Developing countries such as China, India and Brazil are most opportunity market. Government support and initiative in these countries encourages to adopt new technology such as PIS. The healthcare system in western Europe is much advanced therefore, the high growth rate is expected from this region specially from Germany, UK and France.

The global players in the PIS market include Athena health Inc., Cerner Corporation, Best-RX, Clinicals works, Epic system corporation. The strategy adopted in these companies are continuous development in pharmaceuticals management solution by (R&D) which made them progress over the past several years. As a result, market player may offer low-cost, high-value solutions and services to smaller hospitals, and pharmacy stores which enable them in managing medicines and drugs in optimum way. In October, 2017, eClinicalWorks entered into strategic partnerships with FIGmd and to improve EHR use for both providers and patients.

RESEARCH METHODOLOGY

The market study of Global PIS market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.

Secondary sources include:

Financial reports of companies involved in the market
Authentic Public Databases such as the FDA, WHO and others
Whitepapers, research-papers and news blogs
Company websites and their product catalogue.

The Report is intended for PIS solution provider, Cloud provider, hospitals, Pharmacy, Investing companies, Government Organizations for overall market analysis and competitive analysis. The report provides in-depth analysis on pricing, market size, intended quality of the product preferred by consumers, initial norms and vehicle segment. The report will serve as a source for 360-degree analysis of the market thoroughly integrating in delivering insights into the market for better business decisions.

MARKET SEGMENTATION:

Global PIS market is segmented on the basis of regional outlook and following segments:
Global PIS Market Research and Analysis, By Deployment
Global PIS Market Research and Analysis, By End user
Global PIS Market Research and Analysis, By Product type
Global PIS Market Research and Analysis, By components

THE REPORT COVERS:

Comprehensive research methodology of Global PIS Market.

This report also includes detailed and extensive market overview with key analyst insights.

Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the Global PIS Market.

Insights about market determinants which are stimulating the Global PIS Market.

Detailed and extensive market segments with regional distribution of forecasted revenues.

Extensive profiles and recent developments of market players.
1. REPORT SUMMARY

1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
  1.2.1. BY SEGMENTS
  1.2.2. BY GEOGRAPHY
  1.2.3. BY STAKEHOLDERS

2. MARKET OVERVIEW AND INSIGHTS

2.1. DEFINITION
2.2. ANALYST INSIGHTS & CURRENT MARKET TRENDS
  2.2.1. KEY FINDINGS
  2.2.2. RECOMMENDATION
  2.2.3. CONCLUSION
2.3. REGULATION
    2.3.1.1. UNITED STATES
    2.3.1.2. EUROPEAN UNION
    2.3.1.3. CHINA
    2.3.1.4. INDIA

3. MARKET DETERMINANT

3.1. MOTIVATORS
  3.1.1. RISING ADOPTION OF PHARMACY INFORMATION SYSTEM BY END-USERS
  3.1.2. INCREASING DIGITAL TRANSFORMATION FOR MANAGEMENT OF DRUGS
  3.1.3. GROWING INVESTMENT OF GOVERNMENT IN PROVIDING BETTER MEDICATION
  3.1.4. GROWING AWARENESS OF PHARMACY INFORMATION SYSTEM
  3.1.5. NEED TO INTEGRATE COMPLETE HEALTHCARE SYSTEM
  3.1.6. ALLERGIC DRUG REACTION CAN BE AVOIDED
3.2. RESTRAINT
  3.2.1. HIGH INITIAL COST AND MAINTENANCE
  3.2.2. RISK OF DATA BREACH
3.3. OPPORTUNITY
  3.3.1. INCREASE IN CLOUD-BASED COMPUTING SERVICES
  3.3.2. GROWING INPATIENT ORDER MANAGEMENT AND DISPENSING

4. MARKET SEGMENTATION

4.1. GLOBAL PHARMACY INFORMATION SYSTEMS MARKET, BY DEPLOYMENT
  4.1.1. WEB BASED
  4.1.2. ON-PREMISES
  4.1.3. CLOUD BASED
4.2. GLOBAL PHARMACY INFORMATION SYSTEMS MARKET, BY END USER
  4.2.1. PHYSICIAN OFFICES
  4.2.2. HOSPITAL & PHARMACY
  4.2.3. PARAMEDIC SERVICES
4.3. GLOBAL PHARMACY INFORMATION SYSTEMS MARKET, BY TYPE
  4.3.1. OUT PATIENTS
  4.3.2. IN PATIENTS
4.4. GLOBAL PHARMACY INFORMATION SYSTEMS MARKET, BY COMPONENTS
  4.4.1. HARDWARE
  4.4.2. SOFTWARE
  4.4.3. SERVICES

5. COMPETITIVE LANDSCAPE

5.1. KEY STRATEGIES
5.2. KEY COMPANY ANALYSIS

6. REGIONAL ANALYSIS

6.1. NORTH AMERICA
  6.1.1. UNITED STATES
  6.1.2. CANADA
6.2. EUROPE
  6.2.1. UK
  6.2.2. GERMANY
  6.2.3. SPAIN
  6.2.4. FRANCE
  6.2.5. ITALY
  6.2.6. REST OF EUROPE
6.3. APAC
  6.3.1. INDIA
  6.3.2. CHINA
  6.3.3. JAPAN
  6.3.4. REST OF APAC
6.4. REST OF THE WORLD

7. COMPANY PROFILES

7.1. ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
7.2. ASTELLAS
7.3. ATHENAHEALTH INC
7.4. AVERA ECARE
7.5. BEST RX
7.6. CARESTREAM HEALTH
7.7. CERNER CORPORATION
7.8. ECLINICALWORKS, LLC
7.9. EMDEON BUSINESS SERVICES, LLC.
7.10. EPIC SYSTEMS CORPORATION
7.11. HANSASOFT
7.12. MCKESSON CORPORATION
7.13. MEDITECH
7.14. NET SMART
7.15. PARATA SYSTEMS
7.16. PFIZER
7.17. PHARMANET
7.18. SCRIPTPRO LLC
7.19. SIEMENS PHRAMACY
7.20. SWISSLOG

LIST OF TABLES

TABLE 1 GLOBAL PHARMACY INFORMATION SYSTEMS MARKET RESEARCH AND ANALYSIS, BY DEPLOYMENT 2017-2023($ MILLION).
TABLE 2 GLOBAL WEB-BASED PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 3 GLOBAL ON-PREMISES PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 4 GLOBAL CLOUD-BASED PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 5 GLOBAL PHARMACY INFORMATION SYSTEMS MARKET RESEARCH AND ANALYSIS, BY END USER 2017-2023($ MILLION).
TABLE 6 GLOBAL PHYSICIAN OFFICE PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 7 GLOBAL HOSPITALS PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 8 GLOBAL PARAMEDIC SERVICES PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 9 GLOBAL PHARMACY INFORMATION SYSTEMS MARKET RESEARCH AND ANALYSIS BY TYPE 2017-2023($ MILLION).
TABLE 10 GLOBAL OUT PATIENTS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 11 GLOBAL IN PATIENTS MARKET RESEARCH AND ANALYSIS, 2017-2023($ MILLION).
TABLE 12 GLOBAL PHARMACY INFORMATION SYSTEMS MARKET RESEARCH AND ANALYSIS, BY COMPONENTS 2017-2023($ MILLION).
TABLE 13 GLOBAL PIS HARDWARE MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 14 GLOBAL PIS SOFTWARE MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 15 GLOBAL PIS SERVICES MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION).
TABLE 16 NORTH AMERICA PIS MARKET RESEARCH AND ANALYSIS, BY GEOGRAPHY 2017-2023($ MILLION)
TABLE 17 NORTH AMERICA PIS MARKET RESEARCH AND ANALYSIS, BY DEPLOYMENT 2017-2023($ MILLION).
TABLE 18 NORTH AMERICA PIS MARKET RESEARCH AND ANALYSIS, BY END USER 2017-2023($ MILLION).
TABLE 19 NORTH AMERICA PIS MARKET RESEARCH AND ANALYSIS, BY TYPE 2017-2023($ MILLION).
TABLE 20 NORTH AMERICA SMART PARKING MARKET RESEARCH AND ANALYSIS, BY COMPONENTS 2017-2023($ MILLION).
TABLE 21 EUROPE PIS MARKET RESEARCH AND ANALYSIS, BY GEOGRAPHY 2017-2023($ MILLION).
TABLE 22 EUROPE PIS MARKET RESEARCH AND ANALYSIS, BY DEPLOYMENT 2017-2023($ MILLION).
TABLE 23 EUROPE PIS MARKET RESEARCH AND ANALYSIS, BY END USER 2017-2023($ MILLION).
TABLE 24 EUROPE PIS MARKET RESEARCH AND ANALYSIS, BY TYPE 2017-2023($ MILLION).
TABLE 25 EUROPE PIS MARKET RESEARCH AND ANALYSIS, BY COMPONENTS 2017-2023($ MILLION).
TABLE 26 ASIA PACIFIC PIS MARKET RESEARCH AND ANALYSIS, BY GEOGRAPHY 2017-2023($ MILLION).
TABLE 27 ASIA PACIFIC PIS MARKET RESEARCH AND ANALYSIS, BY DEPLOYMENT 2017-2023($ MILLION).
TABLE 28 ASIA PACIFIC PIS MARKET RESEARCH AND ANALYSIS, BY END USER 2017-2023($ MILLION).
TABLE 29 ASIA PACIFIC PIS MARKET RESEARCH AND ANALYSIS, BY TYPE 2017-2023($ MILLION).
TABLE 30 ASIA PACIFIC PIS MARKET RESEARCH AND ANALYSIS, BY COMPONENTS 2017-2023($ MILLION).
TABLE 31 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, BY GEOGRAPHY 2017-2023($ MILLION)
TABLE 32 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, BY DEPLOYMENT 2017-2023($ MILLION)
TABLE 33 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, BY END USER 2017-2023($ MILLION)
TABLE 34 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, BY TYPE 2017-2023($ MILLION)
TABLE 35 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, BY COMPONENTS 2017-2023($ MILLION)

LIST OF FIGURES

FIGURE 1 GLOBAL PIS MARKET SHARE BY DEPLOYMENT 2017 VS 2023(IN %)
FIGURE 2 GLOBAL PIS MARKET SHARE, BY END USER 2017 VS 2023(IN %)
FIGURE 3 GLOBAL PIS MARKET SHARE BY TYPE 2017 VS 2023(IN %)
FIGURE 4 GLOBAL PIS MARKET SHARE, BY COMPONENTS 2017 VS 2023(IN %)
FIGURE 5 NORTH AMERICA PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION)
FIGURE 6 UNITED STATES PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION)
FIGURE 7 CANADA PIS MARKET RESEARCH AND ANALYSIS 2017-2023($ MILLION)
FIGURE 8 EUROPE PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 9 UK PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 10 GERMANY PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 11 SPAIN PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 12 FRANCE PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 13 ITALY PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 14 REST OF EUROPE PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 15 ASIA PACIFIC REGION PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 16 INDIA PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 17 CHINA PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 18 JAPAN PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 19 REST OF ASIA PACIFIC REGION PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
FIGURE 20 REST OF THE WORLD PIS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)

COMPANIES MENTIONED

1. ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
2. ASTELLAS
3. ATHENAHEALTH INC
4. AVERA ECARE
5. BEST RX
6. CARESTREAM HEALTH
7. CERNER CORPORATION
8. ECLINICALWORKS, LLC
9. EMDEON BUSINESS SERVICES, LLC.
10. EPIC SYSTEMS CORPORATION
11. HANSASOFT
12. MCKESSON CORPORATION
13. MEDITECH
14. NET SMART
15. PARATA SYSTEMS
16. PFIZER
17. PHARMANET
18. SCRIPTPRO LLC
19. SIEMENS PHRAMACY
20. SWISSLOG


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