Pharmacy Management System Market

Pharmacy Management System Market, By Solution Type (Pharmacy Inventory Management System, Pharmacy Data Management System, Pharmacy Compounding Software System, Pharmacy Benefits Management System, and Pharmacy Revenue Cycle Management System and Others), By Component (Software, Hardware, and Services), By Deployment Mode (Cloud/Web-Based and On-Premise), By End User (Inpatient Pharmacies and Outpatient Pharmacies), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Pharmacy management system is a system that helps organize and maintain the drug use within a pharmacy. It is a database application that will cater the needs of storing, managing, querying, and retrieving pharmacy data needs. The management system enables pharmacists to provide efficient, professional, and personalized care based on the patients' needs and requirements as well as helps streamline their workflow.

Market Dynamics:

Rising incidence of medication errors, rise in burden on pharmacists, rise in adoption of pharmacy management systems, and rise in burden of chronic and infectious diseases around the world are major factors expected to boost the growth of the global pharmacy management system market.

For instance, in February 2023, Keycentrix announced the launch of new online training platform, Keycentrix University. Keycentrix is the first pharmacy management software provider to offer a robust online learning management system aimed at skilling up pharmacies and their staff to get the most from Keycentrix products. Pharmacies will gain knowledge and processes to help them more quickly and efficiently use Newleaf pharmacy operating system.

Key features of the study:
  • This report provides in-depth analysis of the global pharmacy management system market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global pharmacy management system market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include DMedHOK, Inc., Safecare Technology, Octal IT Solution, McKesson Corporation, LS Retail ehf., Liberty Software, Inc., GlobeMed Group, Datascan, Cerner Corporation, Allscripts Healthcare, LLC, and Epicor Software Corporation, among others.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global pharmacy management system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pharmacy management system market.
Detailed Segmentation:
  • Global Pharmacy Management System Market, By Solution Type:
Pharmacy Inventory Management System

Pharmacy Data Management System

Pharmacy Compounding Software System

Pharmacy Benefits Management System

Pharmacy Revenue Cycle Management System

Others
  • Global Pharmacy Management System Market, By Component:
Software

Hardware

Services
  • Global Pharmacy Management System Market, By Deployment Mode:
Cloud/Web-Based

On-Premise
  • Global Pharmacy Management System Market, By End User:
Inpatient Pharmacies

Outpatient Pharmacies
  • Global Pharmacy Management System Market, By Geography:
North America

Europe

Asia Pacific

Latin America

Middle East & Africa
  • Company Profiles:
DMedHOK, Inc.

Safecare Technology

Octal IT Solution

McKesson Corporation

LS Retail ehf.

Liberty Software, Inc.

GlobeMed Group

Datascan

Cerner Corporation

Allscripts Healthcare, LLC

Epicor Software Corporation


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Solution Type
Market Snapshot, By Component
Market Snapshot, By Deployment Mode
Market Snapshot, By End User
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rise in burden on pharmacists due to medication errors
Reluctance for adoption and lack of skilled personals
Rise in adoption of pharmacy management solutions
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Pharmacy Management System Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Pharmacy Management System Market, By Solution Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Pharmacy Inventory Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Pharmacy Data Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Pharmacy Compounding Software System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Pharmacy Benefits Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Pharmacy Revenue Cycle Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Pharmacy Management System Market, By Component, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
7. Global Pharmacy Management System Market, By Deployment Mode, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Cloud/Web-Based
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
On-Premise
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8. Global Pharmacy Management System Market, By End User, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Inpatient Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Outpatient Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
9. Global Pharmacy Management System Market, By Geography, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Solution Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Solution Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Solution Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Solution Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Solution Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Mode, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
10. Competitive Landscape
DMedHOK, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Safecare Technology
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Octal IT Solution
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
McKesson Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
LS Retail ehf.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Liberty Software, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
GlobeMed Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Datascan
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Cerner Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Allscripts Healthcare, LLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Epicor Software Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Views
11. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global Pharmacy Management System Market” - forecast to 2030

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