Increase in the number of private healthcare providers and monetary support provided by governmental bodies are driving the growth of the European Pharmacy Information System Market

“Europe Pharmacy Information System Market, By Type (Inpatient PIS and Outpatient PIS), By Component (Services, Software, Hardware), By Deployment (Web-Based, On-Premise, Cloud-Based), By End-user (Hospitals, Office-based Physicians, Emergency Healthcare Service Providers, Others) – Analysis & Forecast to 2019”

Pharmacy information systems help in keeping track of drug allergies, medications, drug interactions, and other medication related complications. Such systems aid pharmacists to view contraindications and risk factors, while prescribing a medicine or treatment. The pharmacy information system also enable efficient inventory control, as it keeps a record of internal inventory stock, generates an alert when the drug is running out of stock, and orders drug using the electronic ordering system, from an approved source in the right quantity. Thus, the pharmacy information system facilitates reduced error rates, thereby enabling faster and more accurate healthcare delivery.

Strong initiatives undertaken by the European Commission, such as eGovernment action, plans to aid and support the ICT sector, and simultaneously allocate sufficient funds to implement varied healthcare IT solutions. The action plan covers eEurope health cards, online health plans, and health information networks that helps in accelerating the development of healthcare IT solutions among citizens. All these factors have equally contributed to the overall growth of the European pharmacy information System.

In-depth profiling of the key players have been conducted, along with recent developments (new product launches and partnerships, agreements, and collaborations), and key growth strategies adopted by them to sustain and strengthen their position in the European pharmacy information system market. Cerner Corporation (U.S.), Athenahealth (U.S.), eClinical Works (U.S.), Epic Systems (U.S.), Allscripts (U.S.), McKesson Corporation (U.S.), Swisslog (U.S.), and Emdeon (U.S.) are some of the key players engaged in this market.

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