Cerner Corporation (U.S.), athenahealth (U.S.), eClinical Works (U.S.), Epic Systems (U.S.), Allscripts (U.S.), McKesson Corporation (U.S.), and Quality Systems (U.S.) are major participants operating in the Asian pharmacy information systems market.
In order to expand the footprint and increase market share, key players operating in this market follow approaches like new product launches including product developments, agreements, and expansions. For instance, in January 2015, athenahealth, Inc. acquired RazorInsights, an Atlanta-based healthcare information technology company creating simplified HIS solutions for rural and critical hospital. This acquisition would allow the company to extend its presence and customer base across the healthcare market. Furthermore, in February, 2015 Cerner Corporation acquired Siemens Health Services for $1.3 billion. With the competence of Siemens’ medical technology and image processing, this alliance would make it a leading company in healthcare IT. It would also benefit the company in enhanced revenue generation due to increase in the client base across more than 30 countries.
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In January 2014, McKesson acquired Celesio (Germany), a leading international wholesale and retail company and provider of logistics and services to the pharmaceutical and healthcare sectors. This acquisition would enhance the scale, supply chain expertise, and sourcing capacities of the company.
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In March 2014, Parata Systems launched an online store, Parata Shopping which offers easy order, payment, and online shipment of Parata’s parts and supplies. This would enhance the company’s accessibility. In April 2013, Swisslog introduced the MedPortal Inventory Management Software for pharmacy inventory management. This software allows medication tracking which provides transparency in the health system and drug usage. This development strengthened the company’s product portfolio.
