U.S. Segment Commanded the Largest Share of 92.2% of the North American Pharmacy Information System Market in 2014

Date: 2015-08-11

“The North America pharmacy information system market is estimated to grow at a CAGR of 8.1% from 2014 to 2019. The U.S. segment held the largest share of the North American pharmacy information system market in 2014, with a share of 92.2%, followed by the Canadian segment. The North American pharmacy information system market holds a high potential for growth in the near future due to a number of forces favoring this market. These factors include government & venture capitalist investments, technological advancements, and increase in the adoption of automation technologies in the healthcare industry. However, high cost of implementation has an adverse effect on the pharmacy information system market in North America. 

In this report, the North American pharmacy information system market has been broadly classified on the basis of product type, component, deployment, end-user, and geography. The types have been identified as inpatient pharmacy information systems and outpatient pharmacy information systems. Based on end-users, the pharmacy information system market has been categorized into hospitals, office-based physicians, and emergency healthcare service providers, among others. 
Geographically, the market has been segmented into three countries, namely the U.S., Canada, and Mexico. The U.S. segment commanded the largest share of 92.2% of the North American pharmacy information system market in 2014, followed by the Canadian segment. The segment in Canada is estimated to grow at a CAGR of 7.3% during the forecast period of 2014 to 2019. 

The report has profiled the leading players of this market, along with the developments (new product launches, partnerships, collaborations, joint ventures) done by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the North American pharmacy information system market. The key players in the North American market include Allscripts Healthcare Solutions, Inc. (U.S.), Cerner Corporation (U.S.), ScriptPro LLC (U.S.), athenahealth, Inc. (U.S.), and McKesson Corporation (U.S.), among others.

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