openPR Logo
Press release

Telepharmacy Market Gains Impetus from Launch of New Technologies to Ensure Better Patient Care

12-12-2016 02:21 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Telepharmacy Market Gains Impetus from Launch of New

Telepharmacy refers to verifying medication order via telecommunication from a remote location and the delivery of pharmaceutical care. It is designed to help pharmacists ensure better efficiency in patient-care even in remote geographic locations. Telepharmacy is therefore a state-of-the-art technology enabling easy access to quality healthcare, particularly in rural and medically backward areas.

Future Insights for the Market of Telepharmacy is available at: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12167

In the majority of healthcare centers located in remote areas, a pharmacist may not be present for the better part of the day to review medications ordered and administered by nurses or other pharmacists. This marks the premise of efficient telepharmacy programs. Not every hospital or healthcare center in a rural community can afford a pharmacist to be continuously present onsite. To mitigate this concern, PipelineRx has tailor-made telepharmacy solutions to cater to the specific needs of hospitals located in backward areas.

PipelineRx’s innovative telepharmacy solutions have been gaining considerable traction globally. These solutions are designed to help hospitals manage their pharmacy operations better and more precisely. The report summarizes the impact of the launch of such new technologies in simplifying the prevalent healthcare operations. Their contribution in fostering better patient care and treatment has been examined in detail. The report also studies the influence of recent technological advancements on the global telepharmacy market.

As with the majority of telehealth solutions, telepharmacy practices have also significantly expanded from healthcare centers located in rural areas to hospitals, military bases, long-term care facilities, naval ships, prisons, and physicians’ offices. Telepharmacy systems are integrated with novel technologies to effortlessly exchange information with telepharmacy systems. This has spurred the deployment of telepharmacy solutions across the world.

The report has pegged PipelineRx as one of the leading platforms globally providing medication management services. The company has recently announced funding worth US$9.1 mn by McKesson Ventures, AMN Healthcare, and Mitsui & Co. (U.S.A.) Inc. PipelineRx is likely to use the investment to strengthen its technology offerings such as integrated delivery network and develop work-flow models for better patient care.

Read the Current Market Analysis of Telepharmacy at: http://www.transparencymarketresearch.com/telepharmacy-market.html

Other companies in the market and profiled in the report include Telepharmacy Solutions Inc., Medication Review, Inc., and North West TelePharmacy Solutions.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Telepharmacy Market Gains Impetus from Launch of New Technologies to Ensure Better Patient Care here

News-ID: 394497 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Telepharmacy

Telepharmacy Market 10.40% CAGR Analysis with Pipeline Health Holdings, Medicati …
The telepharmacy market is experiencing significant growth, driven by the increasing demand for accessible healthcare services and advancements in technology. As populations become more mobile and remote healthcare solutions gain traction, the necessity for telepharmacy services has emerged as a viable solution to bridge the gap between pharmacists and patients. Telepharmacy encompasses various services, including remote medication management, patient consultations, and prescription fulfillment, all of which enhance patient care, particularly
Prominent Telepharmacy Market Trend for 2025: Telepharmacy Innovations Focusing …
Which drivers are expected to have the greatest impact on the over the telepharmacy market's growth? Anticipated growth in the telepharmacy market is largely due to the growing necessity for chronic disease management. This management concept encompasses the ongoing care, supervision, and support for those suffering from lasting health conditions like diabetes, heart disease, hypertension, asthma, and arthritis. With chronic conditions becoming more prevalent and a rising need for individualized, long-term
Key Telepharmacy Market Trend for 2025-2034: Telepharmacy Innovations Focusing O …
What Is the Future Outlook for the Telepharmacy Market's Size and Growth Rate? Recent years have seen a significant expansion in the telepharmacy market. Forecasts indicate an increase from $12.23 billion in 2024 to $14.27 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 16.6%. The growth during the historical period is attributable to efforts in alleviating healthcare inequalities, initiatives undertaken by governments and health insurance bodies, a growing
Telepharmacy Market Overview, Segmentation, And Growth Strategies
To accomplish supreme level of market insights and get know how of the best market opportunities into the specific markets, this Telepharmacy Market research report is the perfect key. The report consists of reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. This report comprises of a market data that provides a detailed analysis of the Telepharmacy industry and its
Global Telepharmacy market 2025 Overview and Analysis, top key players - Medicat …
Telepharmacy includes the delivery of pharmaceutical care and performing medication order verification via telecommunications from a remote setting. Using telepharmacy, pharmacists are able to provide pharma care to patients at a different geographical location than theirs. This state-of-the-art technology ensures easy access to quality health care, primarily in rural and medically backward areas. As with the majority of telehealth solutions, telepharmacy practices have since expanded from rural health care centers
Telepharmacy Market : Size, Status and Forecast 2016 - 2024
Global Telepharmacy Market: Overview There is no doubting the exponential surge of the telemedicine and telehealth market. The market is poised to expand at a significant rate in the next few years. Additionally, the advent of telepharmacy is expected to substantially impact the telemedicine and telehealth market in terms of enhancing its rural reach as well as worldwide penetration. Telepharmacy includes the delivery of pharmaceutical care and performing medication order verification via