Pharmacy Management Systems Statistics 2024 – Everything You Need to Know

Are you looking to add Pharmacy Management Systems to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Pharmacy Management Systems statistics of 2024.

My team and I scanned the entire web and collected all the most useful Pharmacy Management Systems stats on this page. You don’t need to check any other resource on the web for any Pharmacy Management Systems statistics. All are here only 🙂

How much of an impact will Pharmacy Management Systems have on your day-to-day? or the day-to-day of your business? Should you invest in Pharmacy Management Systems? We will answer all your Pharmacy Management Systems related questions here.

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Best Pharmacy Management Systems Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 26 Pharmacy Management Systems Statistics on this page 🙂

Pharmacy Management Systems Market Statistics

  • The Global Pharmacy Management Systems Market is expected to grow at a CAGR of around 10.5% from 2020 to 2027 and reach the market value of over US$ 35.3 Bn by 2027. [0]
  • TOKYO, April 28, 2024 The global hyper automation market is anticipated to expand at a CAGR of more than 18.7% for the next few years, reaching a value of more than US$ 32,632… [0]
  • The global healthcare logistics market revenue is projected to rise at a CAGR of more than 8.3% over the forecast timeframe and reach a market value of… [0]

Pharmacy Management Systems Software Statistics

  • Desk with 98% customer satisfaction rates Contact us at 1800444 8486 or drop us a line to request a tour of our Newleaf pharmacy management software. [1]

Pharmacy Management Systems Latest Statistics

  • A total of 1125 surveys were returned (38.9% response rate). [2]
  • The 1125 hospitals had 14,315,506 patients admitted, which represented 45.7% of the 31,324,496 admissions to all U.S. hospitals in 2006. [2]
  • A total of 864 hospitals (76.8%). [2]
  • The mean number of medication errors reported/hospital increased by 151.4% between 1995 and 2006. [2]
  • The percentage of patients who experienced a medication error increased from 4.7% to 6.5% between 1995 and 2006 (a 38.3% increase). [2]
  • A total of 220 hospitals (19.6%) had computerized prescriber order entry systems, 263 (23.4%) had bar coding for drug administration, and 439 (39.0%). [2]
  • Compared to 3+ 4 % Greater Medication Adherence in Fertility and Other Disease States Managed 40.1 % Accuracy in Prescriptions. [1]
  • After 6 months, assessments found that hypertension control had increased to 68.6% among these patients. [3]
  • The Global Pharmacy Management System Market size was estimated at USD 15.66 Billion in 2020 and expected to reach USD 17.90 Billion in 2021, at a Compound Annual Growth Rate 14.60% to reach USD 35.49 Billion by 2026.Market Statistics. [4]
  • In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2024 to 2026 are considered the forecast period. [4]
  • Of the total number of students enrolled in first professional degree programs for fall 2020, 64.6 percent were women and 18.4 percent were underrepresented minority students. [5]
  • First professional student pharmacist enrollments were down 5.1 percent compared to fall 2019. [5]
  • Attrition estimates over the past five years have averaged 12.3 percent per class. [5]
  • In 2019 20, 14,320 first professional degrees in pharmacy were awarded 63.0 percent to females, 36.9 percent to males, and 0.1 percent to unknown/other gender. [5]
  • In 2019 20, 529 Ph.D. degrees were awarded. [5]
  • 1,130 M.S. degrees were awarded. [5]
  • 33,301 Biggest companies in the Pharmacy Benefit Management industry in the US CVS Health Corporation Market Share x.x% Purchase this report or a membership to unlock our full summary for this industry. [6]
  • Managing prescription drug plan costs Prescription drug plan design and administration 00.5% increase 0. [6]
  • Besides, CPMS is also able to customize paper prescriptions and medical orders according to “Prescription Administrative Policy” and related laws and regulations.[7,8]. [7]
  • Qualified rates of the outpatient prescriptions in the general surgery department gradually increased from 44.1% in January to 92.6% in December, and those of the inpatient prescriptions rose from 63.3% in January to 94.6% in December. [7]
  • PROPORTION OF ANTIBIOTIC TREATMENT IN 2011 (%). [7]
  • The use of prophylactic antibiotics for the inpatient aseptic operations apparently decreased from 86.92% in January to 33.39% in December in 2011, and the results are summarized in Table 3. [7]

I know you want to use Pharmacy Management Systems, thus we made this list of best Pharmacy Management Systems. We also wrote about how to learn Pharmacy Management Systems and how to install Pharmacy Management Systems. Recently we wrote how to uninstall Pharmacy Management Systems for newbie users. Don’t forgot to check latest Pharmacy Management Systemsstatistics of 2024.

Reference


  1. globenewswire – https://www.globenewswire.com/news-release/2021/04/01/2203445/0/en/Pharmacy-Management-Systems-Market-Value-Anticipated-To-Reach-US-35-3-Billion-By-2027-Acumen-Research-and-Consulting.html.
  2. keycentrix – https://keycentrix.com/newleaf/.
  3. nih – https://pubmed.ncbi.nlm.nih.gov/18154468/.
  4. cdc – https://www.cdc.gov/dhdsp/pubs/guides/best-practices/pharmacist-mtm.htm.
  5. prnewswire – https://www.prnewswire.com/news-releases/global-pharmacy-management-system-market-research-report-2021-to-2026—by-deployment-component-end-user-and-region-301377784.html.
  6. aacp – https://www.aacp.org/article/academic-pharmacys-vital-statistics.
  7. ibisworld – https://www.ibisworld.com/united-states/market-research-reports/pharmacy-benefit-management-industry/.
  8. nih – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3719139/.

How Useful is Pharmacy Management Systems

Pharmacy Management Systems come with a plethora of useful features that can streamline the entire pharmacy operation. These systems can track inventory in real-time, alert pharmacists when a medication is running low, and automatically reorder medicines when necessary. This not only helps in minimizing stockouts and overstock, but also ensures that patients can access the medications they need in a timely manner.

Another crucial aspect of PMS is its ability to integrate electronic prescriptions, allowing healthcare providers to electronically send prescriptions directly to the pharmacy. This eliminates the need for paper prescriptions or phone calls, reducing errors and enhancing patient safety. With PMS, pharmacists can review the prescription electronically, consult any potential drug interactions or allergies, and process the prescription efficiently.

Moreover, Pharmacy Management Systems can streamline the billing and insurance processing, making it easier for the pharmacy to handle insurance claims and reduce the possibility of billing errors. By automating this process, pharmacists can save time, reduce paperwork, and enhance their overall productivity.

Furthermore, PMS offer comprehensive patient management features, allowing pharmacists to keep track of patient profiles, medication histories, allergies, and any other important information. This enables pharmacists to provide personalized care, conduct medication therapy management, and conduct drug utilization reviews to ensure the safest and most effective medication for each patient.

In addition to these operational benefits, Pharmacy Management Systems also offer analytical tools that pharmacists can use to gain insights into their business. By tracking sales data, inventory turnover, and medication adherence, pharmacists can make informed decisions on inventory management, marketing strategies, and patient care initiatives. This data-driven approach can help pharmacies improve their bottom line while providing better services to patients.

While some may argue that Pharmacy Management Systems come with a significant upfront cost and require training to implement effectively, the long-term benefits far outweigh these initial challenges. With the right systems in place, pharmacies can enhance their efficiency, accuracy, and overall quality of care, leading to improved patient outcomes and satisfaction.

In conclusion, Pharmacy Management Systems have become an indispensable tool for modern pharmacies. With their ability to streamline operations, enhance patient safety, improve medication management, and provide valuable insights into the business, these systems have proven to be incredibly useful in the healthcare industry. As technology continues to evolve, it is essential for pharmacies to embrace these tools to stay competitive, provide better care, and ultimately serve their patients more effectively.

In Conclusion

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