What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in drug inventory management software category. Our data sources in drug inventory management software category include;
Drug inventory management software enables management of drug and medication inventory by tracking orders and shipments, as well as monitoring stock and usage of stored medications.
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We use the data sources on the side for ranking solutions and awarding badges in drug inventory management software category. Our data sources in drug inventory management software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
McKesson Connect
GuardianRx
MIMS
SpaceTRAX
Datarithm
Taking into account the latest metrics outlined below, these are the current drug inventory management software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
McKesson Connect
GuardianRx
MIMS
SpaceTRAX
Datarithm
These are the number of queries on search engines which include the brand name of the solution. Compared to other Healthcare categories, Drug Inventory Management Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 99%, 22% more than the average of search queries in this area.
8 employees work for a typical company in this solution category which is 13 less than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 4 companies with >10 employees are offering drug inventory management software. Top 3 products are developed by companies with a total of 20k employees. The largest company building drug inventory management software is TotalView with more than 20,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
McKesson Connect
MIMS
GuardianRx
SpaceTRAX
Datarithm
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Drug Inventory Management Software companies. The most positive word describing Drug Inventory Management Software is “Easy to use” that is used in 5% of the reviews.
According to customer reviews, most common company size for drug inventory management software customers is 1,001+ employees. Customers with 1,001+ employees make up 42% of drug inventory management software customers. For an average Healthcare solution, customers with 1,001+ employees make up 43% of total customers.
These scores are the average scores collected from customer reviews for all Drug Inventory Management Software. Drug Inventory Management Software is most positively evaluated in terms of "Value For Money" but falls behind in "Likelihood to Recommend".
This category was searched on average for 16 times per month on search engines in 2022. This number has decreased to 10 in 2023. If we compare with other healthcare solutions, a typical solution was searched 213 times in 2022 and this decreased to 140 in 2023.