European Inpatient Patient Information System Market
Europe, February 12, 2015 (Newswire.com) - The inpatient patient information system (PIS) market in Europe is expected to reach $587.0 million in 2018 and is estimated to grow at a CAGR of 6.6% from 2013 to 2018.
Key Players in the European inpatient patient information system (PIS) market are Cerner Corporation, Allscripts, Epic Systems, Athenahealth, Practice Fusion, Inc., NextGen Healthcare Information Systems, LLC.
European inpatient PIS market is segmented on the basis of its types, applications, deployment, component and end-user. The inpatient PIS market, by type is segmented into integrated and standalone.
CARTER
Inpatient pharmacy services include medication selection and procurement, medication storage, medication ordering and prescribing, medication preparation and dispensing, medication administration and medication monitoring. Medication orders are prepared, packaged, labeled and then sent directly to the individual's unit for administration by nursing staff.
European Inpatient PIS market accounts for the second largest market share globally, after North America. This is attributed to the rise in demand of automated inpatient services and role of technology to streamline the healthcare IT workflow. Some strong initiatives by European Commission such as eGovernment action plan 2011-2015 to support and complement Information and Communication Technologies (ICT) include eHealth and allocation of 5% of health budget to implement healthcare IT solutions, which would accelerate the growth of this market.
The eEurope action plan covers online health plans, health cards, and health information networks to foster the development of healthcare IT solutions among their citizens, which in turn is likely to affect the growth of healthcare IT integration systems such as inpatient PIS in the region. The increased demand for healthcare IT and rise in ROI along with improved patient care are the key factors that are likely to drive the market.
European inpatient PIS market is segmented on the basis of its types, applications, deployment, component and end-user. The inpatient PIS market, by type is segmented into integrated and standalone. The application is further segmented into, clinical guidelines, clinical reminders, drug allergy alerts, drug dosing support, drug-drug interactions, and other applications. The market by deployment is further categorized as on-premises, web-premises, and cloud-premises, while market by component comprises hardware, software, and services. On the basis of geography, the report analyzes major countries such as the Germany, France, the U.K, Italy, and Spain. The market is also segmented and analyzed further on the basis of major end-users of these devices.
This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market including major companies of the market.
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