Germany is Estimated to Command the Largest Share of 24.3% in the European Pharmacy Information System Market

Date: 2015-08-13

“The European pharmacy information system market was valued at $625.9 million in 2014, and is projected to reach $877.5 million by 2019, at a CAGR of 7.0% from 2014 to 2019. Among all countries in the European region, Germany holds the largest share of 24.3% in the pharmacy information system market, followed by France. The European pharmacy information system market holds a high potential for growth in future due to a number of forces favoring this market. These include governmental investments, technological advancements, and increase in the number of private healthcare providers. However, high cost of implementation has an adverse effect on the pharmacy information system market. 

In this report, the European pharmacy information system market is broadly classified on the basis of type, component, deployment, and end-user. With respect to type, this market is classified into inpatient pharmacy information system and outpatient pharmacy information system. Based on end-users, the pharmacy information system market is categorized into hospitals, office-based physicians, and emergency healthcare service providers among others. 

Geographically the market is sub-divided into six regions, namely Germany, France, the U.K., Italy, Spain, and Rest of Europe. Germany is estimated to command the largest share of 24.3% in the European pharmacy information system market in 2014, followed by France. The pharmacy information system in France is estimated to grow at a CAGR of 7.1% from 2014 to 2019. 

The report has profiled leading players of this market along with recent developments (new product launches and partnerships, and joint ventures) and key growth strategies adopted by them to sustain and strengthen their position in the European pharmacy information system market. Key players operating in the market include Allscripts Healthcare Solutions, Inc. (U.S.), Cerner Corporation (U.S.), Swisslog (Switzerland), AthenaHealth, Inc. (U.S.), and McKesson Corporation (U.S.).

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