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

One of the most notable benefits of pharmacy management systems is their ability to automate routine tasks that would otherwise be time-consuming and vulnerable to human error. These systems can automatically track medication orders, manage inventory levels, generate accurate prescriptions, and facilitate communication between healthcare providers and patients. By eliminating manual paperwork and repetitive administrative tasks, pharmacy management systems allow pharmacists to focus on providing better patient care and counseling services.

Moreover, pharmacy management systems play a crucial role in maintaining accurate patient records and medication histories. By digitizing this information, pharmacists can quickly access essential data such as drug interactions, allergies, and dosage instructions to ensure patient safety. In emergencies or when patients visit multiple healthcare providers, having instant access to comprehensive patient records can prevent errors and improve coordination of care. Additionally, pharmacy management systems can transmit prescriptions electronically, reducing prescription errors and increasing the efficiency of the dispensing process.

Another significant advantage of pharmacy management systems is their ability to improve inventory management and financial control. By automatically tracking inventory levels, expiration dates, and drug usage patterns, pharmacists can optimize stock levels, reduce waste, and minimize the risk of medication shortages. These systems can also generate detailed reports on sales, profits, and expenses, enabling pharmacists to make informed decisions about pricing and purchasing strategies. With real-time data and analytics at their disposal, pharmacists can enhance strategic planning and business operations, ultimately leading to more profitable and sustainable pharmacy practices.

Furthermore, pharmacy management systems enhance communication and collaboration within healthcare teams. By connecting pharmacies with hospitals, physicians, and other healthcare providers, these systems facilitate the exchange of critical information, promote interdisciplinary care coordination, and ensure seamless transitions of care for patients. Additionally, some pharmacy management systems offer telehealth capabilities, allowing pharmacists to provide virtual consultations, monitor patient adherence, and offer medication therapy management services remotely.

Despite the many benefits of pharmacy management systems, some healthcare professionals may argue that these digital tools come with challenges and limitations. Implementation costs, training requirements, data security concerns, and compatibility issues with existing healthcare IT systems can pose obstacles to fully harnessing the potential of pharmacy management systems. Moreover, the reliance on technology may lead to reduced human interaction and personalized patient care experiences, raising ethical and professional considerations for pharmacists.

In conclusion, it is undeniable that pharmacy management systems have transformed the way pharmacies operate and deliver care to patients. By automating routine tasks, improving medication safety, enhancing inventory management, and promoting collaboration among healthcare providers, these systems have the potential to revolutionize pharmacy practice and optimize patient outcomes. However, it is essential for healthcare professionals to weigh the benefits and challenges of pharmacy management systems in their specific practice settings and strive for continuous improvement and innovation in leveraging these tools for delivering high-quality pharmacy services.

In Conclusion

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