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Pharmacy Management System Market

Pharmacy Management System Market Forecasts to 2028 – Global Analysis By Deployment Mode (On-Premise, and Cloud/Web-Based), Component (Services, Solutions, and Hardware), Size, Application, End User, and By Geography

4.2 (34 reviews)
Published: August 2021 ID: SMRC20841
4.2 (34 reviews)
Published: August 2021 ID: SMRC20841

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Pharmacy Management System Market is accounted for $46,289.00 million in 2020 and is expected to reach $127,480.76 million by 2028 growing at a CAGR of 13.5% during the forecast period. The development of healthcare IT and an increasing number of pharmacies are the major factors propelling the market growth. However, vendor lock-in is a major barrier to the adoption of the pharmacy management system is hampering the market growth.

A pharmacy management system is an important tool equipped with powerful, user-friendly pharmacy management systems. The pharmacy management system assists pharmacists in navigating the complexities of dispensing medicines, inventories of medicines, and point-of-sale functions.

Based on the deployment mode, the cloud/web-based segment holds the largest share in the market during the forecast period. The cloud/web-based deployment mode delivers a standardized way to help commercial and academic institutions to manage their laboratory data generated from sample testing, instrument usage, automation, and report generation.

By geography, North America holds the largest share in the market during the forecast period. With the introduction of new healthcare acts and reforms, the US healthcare industry is undergoing significant transformations driven by new technology. Almost every aspect of healthcare is changing, from insurance coverage to healthcare data analytics for effective treatment plans.

Some of the key players profiled in the Pharmacy Management System Market include ACG Infotech Ltd., Allscripts Healthcare Solution Inc., Becton Dickinson and Co., Cerner Corporation, Clanwilliam Health Ltd, DATASCAN, Epicor Software Corporation, GE Healthcare, Inc., GlobeMed Ltd, Health Business Systems Inc., Idhasoft Ltd., McKesson Corporation, MedHOK Inc., Omnicell Inc., Oracle, and Talyst LLC.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 46,289.00 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

13.5%

Predicted 2028 Value:

USD 127,480.76 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

114

Chapters Covered:

Deployment Mode, Component, Size, Application, End User and Region

Core Drivers and Opportunities:

  • Development of healthcare IT
  • Increasing number of pharmacies
  • Rising number of prescriptions

Restraining Factors & Market Threats:

  • Vendor lock-in
  • Data privacy concerns

 
Deployment Modes Covered:
• On-Premise
• Cloud/Web-Based

Components Covered:
• Services
• Solutions
• Hardware

Sizes Covered:
• Small and Medium-Sized Pharmacies
• Large Pharmacy

Applications Covered:
• Hospital & Clinic
• Health Systems
• Pharmaceutical Factory
• Retail Pharmacy

End Users Covered:
• Inpatient Pharmacies
• Outpatient Pharmacies

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Pharmacy Management System Market is majorly driven by development of healthcare information technology (IT), increasing number of pharmacies and rising number of prescriptions.

The cloud/web-based segment is growing at a highest CAGR as it delivers a standardized way to help commercial and academic institutions to manage their laboratory data generated.

North America dominated with a significant market share due to the factors such as introduction of new healthcare acts and reforms and presence of key market players.

Asia Pacific market is growing at a highest CAGR owing to the increasing agreements and partnerships of key players in the region.

Key players in Pharmacy Management System Market include ACG Infotech Ltd., Allscripts Healthcare Solution Inc., Becton Dickinson and Co., Cerner Corporation, Clanwilliam Health Ltd, DATASCAN, Epicor Software Corporation, GE Healthcare, Inc., GlobeMed Ltd, Health Business Systems Inc., Idhasoft Ltd., McKesson Corporation, MedHOK Inc., Omnicell Inc., Oracle, and Talyst LLC.

1 Executive Summary         
          
2 Preface        
 
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Application Analysis        
 3.7 End User Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes         
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Pharmacy Management System Market, By Deployment Mode         
 5.1 Introduction        
 5.2 On-Premise        
 5.3 Cloud/Web-Based        
          
6 Global Pharmacy Management System Market, By Component         
 6.1 Introduction        
 6.2 Services        
  6.2.1 Managed       
  6.2.2 Professional       
 6.3 Solutions        
  6.3.1 Inventory Management       
  6.3.2 Clinical and Administrative Performance       
  6.3.3 Purchase Orders Management       
  6.3.4 Regulatory and Compliance Information       
  6.3.5 Supply Chain Management       
  6.3.6 Other Solutions       
 6.4 Hardware        
          
7 Global Pharmacy Management System Market, By Size         

 7.1 Introduction        
 7.2 Small and Medium-Sized Pharmacies        
 7.3 Large Pharmacy        
          
8 Global Pharmacy Management System Market, By Application         
 8.1 Introduction        
 8.2 Hospital & Clinic        
 8.3 Health Systems        
 8.4 Pharmaceutical Factory        
 8.5 Retail Pharmacy        
          
9 Global Pharmacy Management System Market, By End User         
 9.1 Introduction        
 9.2 Inpatient Pharmacies        
 9.3 Outpatient Pharmacies        
          
10 Global Pharmacy Management System Market, By Geography         
 10.1 Introduction        
 10.2 North America        
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India        
  10.4.4 Australia       
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia       
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa       
          
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions        
 11.5 Other Key Strategies        
          
12 Company Profiling         
 12.1 ACG Infotech Ltd.        
 12.2 Allscripts Healthcare Solution Inc.        
 12.3 Becton Dickinson and Co.        
 12.4 Cerner Corporation        
 12.5 Clanwilliam Health Ltd        
 12.6 DATASCAN        
 12.7 Epicor Software Corporation        
 12.8 GE Healthcare, Inc.        
 12.9 GlobeMed Ltd        
 12.10 Health Business Systems Inc.        
 12.11 Idhasoft Ltd.        
 12.12 McKesson Corporation        
 12.13 MedHOK Inc.        
 12.14 Omnicell Inc.        
 12.15 Oracle        
 12.16 Talyst LLC        


List of Tables          
1 Global Pharmacy Management System Market Outlook, By Region (2019-2028) ($MN)         
2 Global Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
3 Global Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
4 Global Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)         
5 Global Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
6 Global Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
7 Global Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
8 Global Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
9 Global Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
10 Global Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
11 Global Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
12 Global Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
13 Global Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
14 Global Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
15 Global Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
16 Global Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)         
17 Global Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
18 Global Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
19 Global Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         
20 North America Pharmacy Management System Market Outlook, By Country (2019-2028) ($MN)         
21 North America Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
22 North America Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
23 North America Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)         
24 North America Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
25 North America Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
26 North America Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
27 North America Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
28 North America Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
29 North America Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
30 North America Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
31 North America Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
32 North America Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
33 North America Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
34 North America Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
35 North America Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)         
36 North America Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
37 North America Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
38 North America Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         
39 Europe Pharmacy Management System Market Outlook, By Country (2019-2028) ($MN)         
40 Europe Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
41 Europe Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
42 Europe Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)         
43 Europe Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
44 Europe Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
45 Europe Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
46 Europe Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
47 Europe Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
48 Europe Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
49 Europe Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
50 Europe Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
51 Europe Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
52 Europe Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
53 Europe Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
54 Europe Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)         
55 Europe Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
56 Europe Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
57 Europe Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         
58 Asia Pacific Pharmacy Management System Market Outlook, By Country (2019-2028) ($MN)         
59 Asia Pacific Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
60 Asia Pacific Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
61 Asia Pacific Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)         
62 Asia Pacific Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
63 Asia Pacific Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
64 Asia Pacific Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
65 Asia Pacific Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
66 Asia Pacific Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
67 Asia Pacific Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
68 Asia Pacific Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
69 Asia Pacific Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
70 Asia Pacific Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
71 Asia Pacific Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
72 Asia Pacific Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
73 Asia Pacific Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)         
74 Asia Pacific Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
75 Asia Pacific Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
76 Asia Pacific Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         
77 South America Pharmacy Management System Market Outlook, By Country (2019-2028) ($MN)         
78 South America Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
79 South America Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
80 South America Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)         
81 South America Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
82 South America Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
83 South America Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
84 South America Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
85 South America Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
86 South America Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
87 South America Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
88 South America Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
89 South America Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
90 South America Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
91 South America Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
92 South America Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)          
93 South America Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
94 South America Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
95 South America Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         
96 Middle East & Africa Pharmacy Management System Market Outlook, By Country (2019-2028) ($MN)         
97 Middle East & Africa Pharmacy Management System Market Outlook, By Deployment Mode (2019-2028) ($MN)         
98 Middle East & Africa Pharmacy Management System Market Outlook, By On-Premise (2019-2028) ($MN)         
99 Middle East & Africa Pharmacy Management System Market Outlook, By Cloud/Web-Based (2019-2028) ($MN)          
100 Middle East & Africa Pharmacy Management System Market Outlook, By Component (2019-2028) ($MN)         
101 Middle East & Africa Pharmacy Management System Market Outlook, By Services (2019-2028) ($MN)         
102 Middle East & Africa Pharmacy Management System Market Outlook, By Solutions (2019-2028) ($MN)         
103 Middle East & Africa Pharmacy Management System Market Outlook, By Hardware (2019-2028) ($MN)         
104 Middle East & Africa Pharmacy Management System Market Outlook, By Size (2019-2028) ($MN)         
105 Middle East & Africa Pharmacy Management System Market Outlook, By Small and Medium-Sized Pharmacies (2019-2028) ($MN)         
106 Middle East & Africa Pharmacy Management System Market Outlook, By Large Pharmacy (2019-2028) ($MN)         
107 Middle East & Africa Pharmacy Management System Market Outlook, By Application (2019-2028) ($MN)         
108 Middle East & Africa Pharmacy Management System Market Outlook, By Hospital & Clinic (2019-2028) ($MN)         
109 Middle East & Africa Pharmacy Management System Market Outlook, By Health Systems (2019-2028) ($MN)         
110 Middle East & Africa Pharmacy Management System Market Outlook, By Pharmaceutical Factory (2019-2028) ($MN)         
111 Middle East & Africa Pharmacy Management System Market Outlook, By Retail Pharmacy (2019-2028) ($MN)         
112 Middle East & Africa Pharmacy Management System Market Outlook, By End User (2019-2028) ($MN)         
113 Middle East & Africa Pharmacy Management System Market Outlook, By Inpatient Pharmacies (2019-2028) ($MN)         
114 Middle East & Africa Pharmacy Management System Market Outlook, By Outpatient Pharmacies (2019-2028) ($MN)         

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