Inpatient pharmacy information system is a growing industry across the globe, mainly owing to the various advantages provided by this system over traditional methods. The inpatient PIS ensure security and privacy of the patients, and also enables safe delivery of medication. In addition, authorized personnel can access relevant patient information through their smart devices, thereby facilitating a time-effective, cost-effective, and efficient process of care delivery.
The global inpatient pharmacy information systems (PIS) market holds a majority of the share in the overall pharmacy information systems market, having accounted for nearly 74% in 2013. The global inpatient PIS market is projected to grow at a CAGR of 7.2% during the forecast period, 2013 to 2018. The North American segment held the largest share of the global market in 2013, with a share of 58.91%, followed by the European segment with 23.30%. However, the Asian market is expected to be among the fastest-growing segments in the global market, projected to grow at a CAGR of 7.5% from 2013 to 2018. In terms of application, the most important segment in the global inpatient PIS market is drug allergy alerts.
The North American inpatient PIS segment is growing rapidly, mainly owing to the several government initiatives and the increasing investments for better healthcare delivery. The growing demand for better healthcare IT and infrastructure is the main factor driving the growth of the concerned market in the European region. The Asian segment is among the fastest-growing markets, driven by the increasing healthcare expenditure and the rising number of companies catering to this market. The growth of the inpatient PIS market in these major regions is leading to the overall growth of the global inpatient PIS market. There is a steady increase in the number of companies catering to this market, with some of the major companies being athenahealth, Inc. (U.S.), GE Healthcare (U.K.), and McKesson Corporation (U.S.), among others.
The global inpatient pharmacy information systems market report provides an in-depth analysis of the segmentation of the concerned market. The global market has been segmented in terms of products, deployments, applications, end-users, and the major regions participating in the market. Integrated and standalone inpatient PIS are the products of this market. On the basis of end-users, the market has been segmented into emergency healthcare service providers, hospitals, nurses, and office-based physicians, among others. The report provides details of the various deployments models in the market, such as cloud-based, Web-based, and on-premise. The major applications of the market include clinical guidelines, clinical reminders, drug allergy alerts, drug-drug interactions, and drug dosing support, among others. North America, Europe, Asia, and Rest of the World are the main regions that have been considered for this extensive market analysis. The report also presents the details of the prospects offered by the market to the participating and new companies, along with an extensive analysis of the competitive scenario in the market.
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North American Inpatient Pharmacy Information System Market The North American in-patient PIS market is a growing market, with government initiatives and increasing investments aimed to offer better healthcare solutions. This market report provides an in-depth analysis of the market, along with the competitive landscape of key industry players that includes the product portfolio, financials, market share, growth strategies, and recent developments. |
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Asian Inpatient Pharmacy Information System The Asian in-patient pharmacy information system (PIS) market is anticipated to grow at a CAGR of 7.5%, from 2013 to 2018. Growth in this region is attributed to the increasing healthcare expenditure and rise in the number of companies that operate in this market. The report provides current and future trends of the in-patient pharmacy information system market, along with recent growth strategies adopted by companies to sustain their position in the market. |
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