Pharmacy Information Systems Market is Expected to Reach $3,876.3 Million by 2019, at a CAGR of 7.7% From 2014 to 2019

FORT WORTH, Texas, April 28, 2015 /PRNewswire/ --

The pharmacy information systems market is estimated to grow to around $3,876.3 million by 2019, growing at a CAGR of 7.7% from 2014 to 2019.

Browse through the TOC of the pharmacy information systems market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of pharmacy information system market in the same region, and is supported by various tables and figures.

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Pharmacy information systems (PIS) are used for clinical screening, management of prescriptions, inventory control, and patient drug profiles. PIS are designed in order to streamline and automate the regular workflows of pharmacists through inpatient and ambulatory capabilities. This also avoids human errors in terms of prescription of medications and has efficient verification of their prescription orders.

Growth in the pharmacy information systems market is majorly driven by the support provided by government organizations, need for automation and advanced technologies, and increasing number of healthcare instrument manufacturers. Factors such as high implementation costs and dearth of skilled labor are restraining the growth of this market.

North America held the largest share in the pharmacy information systems market and is slated to grow further due to the augmented growth in research, and increasing government support.

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The pharmacy information systems market has been segmented on the basis of types, components, deployment, end users, and geographies.

On the basis of type, the pharmacy information systems market is classified into inpatient and outpatient pharmacy information systems. Based on deployment, the market is segmented into web-based, on premise, and cloud-based information systems. The market is further segmented on the basis of components into hardware, software, and services. Hospitals, office-based physicians, and emergency healthcare service providers are the end users of this market, and in terms of region, the pharmacy information systems market is categorized into North America, Europe, Asia, and the Rest of the World (RoW).

This report also includes the market share; value chain analyses; and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents company profiles and a competitive landscape of key players in the market.

Related Reports: 

The North American Pharmacy Information Systems Market is segmented on the basis of type, deployment, component, application, end-user, and geography. The North American Pharmacy Information System Market is estimated to grow at a CAGR of 8.1% from 2014 to 2019.

http://www.micromarketmonitor.com/market/north-america-pharmacy-information-system-3383819602.html

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