US Pharmacy Management System Market Growth and Forecast by 2030
US Pharmacy Management System Market Size and Forecasts (2022 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment (Cloud-based and On-premise), Size of Pharmacies (Small- and Medium-sized Pharmacies, and Large Pharmacies), End User (In-patient Pharmacies, Outpatient Pharmacies)
- Status : Published
- Report Code : TIPRE00030067
- Category : Technology, Media and Telecommunications
- No. of Pages : 78
- Available Report Formats :
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The US pharmacy management system market majorly consists of the players such as McKesson Corp., Becton Dickinson and Co., Allscripts Healthcare LLC., Epicor Software Corp, Swisslog Healthcare AG, Omnicell Inc., CPS Solutions LLC, RedSail Technologies LLC, Micro Merchant Systems Inc, and Oracle Corp.
The US pharmacy management system market is analyzed on the component, deployment, size of pharmacies, and end users. Based on component, the market is segmented into solutions and services. The solutions segment held a larger share of the market in 2022 and is expected to record a CAGR of 11.81% during 2022-2030.
The inclination toward automated processes with the surging complexity of pharmacy operations and the rising number of independent pharmacies focused on pharmacy management are among the key factors driving the US pharmacy management system market growth. However, cybersecurity issues and operational limitations of pharmacy management systems are hindering the growth of the market..
Pharmacy management systems, also called pharmacy software, is a system that stores all information about operations in pharmacies. It helps in data storage, manages the entire system, regulates the use of pharmaceutical products, and helps improve consumer satisfaction. Pharmacy management software enhances inventory management and medicine dispensing, and controls adverse drug events (ADE). The rising demand for reducing medication errors and the increasing number of prescriptions propel the pharmacy management system market in the US. The rising number of hospitals investing in new technologies to enhance healthcare process management and prevent medication errors is also expected to drive market expansion. The report covers detailed insights with respect to the services offered by the market players operating in the sector.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Research Methodology
2.1 Coverage
2.2 Secondary Research
2.3 Primary Research
3. US Pharmacy Management System Market – Market Landscape
3.1 Overview
3.1.1 US PEST Analysis
4. US Pharmacy Management System Market – Key Market Dynamics
4.1 Market Drivers
4.1.1 Inclination Toward Automated Processes with Surging Complexity of Pharmacy Operations
4.1.2 Rising Number of Independent Pharmacies Focused on Pharmacy Management
4.2 Market Restraints
4.2.1 Cybersecurity Issues and Operational Limitations of Pharmacy Management Systems
4.3 Market Opportunities
4.3.1 Transformation of Retail Pharmacy into Advanced Patient Care
4.4 Future Trends
4.4.1 Diversification of Retail Pharmacies
4.5 Impact Analysis
5. US Pharmacy Management System Market – Country Analysis
5.1 US Pharmacy Management System Market
5.1.1 Overview
6. Pharmacy Management System Market – Revenue and Forecast to 2030 – by Component
6.1 Overview
6.2 US Pharmacy Management System Market Revenue Share, by Component 2022 & 2030 (%)
6.3 Solutions
6.3.1 Overview
6.3.2 Solution: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.1 EMR/EHR
6.3.2.1.1 Overview
6.3.2.1.2 EMR/EHR: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.2 Inventory Management
6.3.2.2.1 Overview
6.3.2.2.2 Inventory Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.3 Purchase Order Management
6.3.2.3.1 Overview
6.3.2.3.2 Purchase Order Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.4 Supply Chain Management
6.3.2.4.1 Overview
6.3.2.4.2 Supply Chain Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.5 Regulatory and Compliance Information
6.3.2.5.1 Overview
6.3.2.5.2 Regulatory and Compliance Information: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.6 Clinical Pharmacy Management
6.3.2.6.1 Overview
6.3.2.6.2 Clinical Pharmacy Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.3.2.7 Others
6.3.2.7.1 Overview
6.3.2.7.2 Others: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Services
6.4.1 Overview
6.4.2 Services: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
7. Global US Pharmacy Management System Market – Revenue and Forecast to 2030 – by Deployment
7.1 Overview
7.2 US Pharmacy Management System Market Revenue Share, by Deployment 2022 & 2030 (%)
7.3 Cloud-based
7.3.1 Overview
7.3.2 Cloud-based: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
7.4 On-premise
7.4.1 Overview
7.4.2 On-premise: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
8. Global US Pharmacy Management System Market – Revenue and Forecast to 2030 – by Size of Pharmacies
8.1 Overview
8.2 US Pharmacy Management System Market Revenue Share, by Size of Pharmacies 2022 & 2030 (%)
8.3 Small and Medium-sized Pharmacies
8.3.1 Overview
8.3.2 Small and Medium-sized Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Large Pharmacies
8.4.1 Overview
8.4.2 Large Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
9. Global US Pharmacy Management System Market – Revenue and Forecast to 2030 – by End User
9.1 Overview
9.2 US Pharmacy Management System Market Revenue Share, by End User 2022 & 2030 (%)
9.3 Inpatient Pharmacies
9.3.1 Overview
9.3.2 Inpatient Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Outpatient Pharmacies
9.4.1 Overview
9.4.2 Outpatient Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
10. Industry Landscape
10.1 Overview
10.2 Organic Growth Strategies
10.2.1 Overview
10.3 Inorganic Growth Strategies
10.3.1 Overview
11. Company Profiles
11.1 McKesson Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Becton Dickinson and Co
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Veradigm Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Epicor Software Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Swisslog Healthcare AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Omnicell Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 CPS Solutions LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 RedSail Technologies LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Micro Merchant Systems Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Oracle Corp
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
List of Tables
Table 1. Recent Organic Growth Strategies in USA Pharmacy Management System Market
Table 2. Recent Inorganic Growth Strategies in the USA Pharmacy Management System Market
Table 3. Glossary of Terms
List of Figures
Figure 1. US Pharmacy Management System Market Segmentation
Figure 2. US Pharmacy Management System Market – Key Takeaways
Figure 3. US: PEST Analysis
Figure 4. Pharmacy Management System Market: Key Industry Dynamics
Figure 5. US Pharmacy Management System Market Impact Analysis of Drivers and Restraints
Figure 6. US Pharmacy Management System Market – Revenue Forecast and Analysis – 2020–2030
Figure 7. US Pharmacy Management System Market Revenue Share, by Component 2022 & 2030 (%)
Figure 8. Solution: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. EMR/EHR: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Inventory Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Purchase Order Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Supply Chain Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Regulatory and Compliance Information: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Clinical Pharmacy Management: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Services: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. US Pharmacy Management System Market Revenue Share, by Deployment 2022 & 2030 (%)
Figure 18. Cloud-based: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. On-premise: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. US Pharmacy Management System Market Revenue Share, by Size of Pharmacies 2022 & 2030 (%)
Figure 21. Small and Medium-sized Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Large Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. US Pharmacy Management System Market Revenue Share, by End User 2022 & 2030 (%)
Figure 24. Inpatient Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Outpatient Pharmacies: US Pharmacy Management System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Pre and Post COVID-19 Impact on Pharmacy Management System Market
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely - analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You'll receive access to the report within 4-6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we'll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we're happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you're considering, and we'll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report's scope, methodology, customization options, or which license suits you best, we're here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we'll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we'll ensure the issue is resolved quickly so you can access your report without interruption.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For