Medication Management Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Medication Management Market: By System (Computerized Physician Order Entry, Clinical Decision Support System, Administration Software Inventory Management, Automated Dispensing Systems (ADS) and Assurance System Software), By Service (Medication Analytics and Point -of -Care Verification), By Delivery Mode (Cloud – Based, Web – Based and On-Premise), By End User (Hospitals, Pharmacy and Others), and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) 

 

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Report

Description

Medication Management Market size was valued at USD 3,965 Million in the year 2020 and is anticipated to value at USD 11,617 million till 2027 witnessing a CAGR rate of 16.6% during the forecast period 2021-2027. Some of the key factors fostering the market growth include increasing demand for mHealth technologies, rise in healthcare expenditure, growing penetration of mobile devices and increase in investments by the hospitals to improve the quality of treatment services. However, lack of awareness about medication management systems and high cost of services are the major factors limiting the market growth. In addition, growing demand from developing and developed countries provides huge growth opportunity for the market therefore market players expand geographically in the emerging countries of Africa, Asia, and Latin America.

Medication management market report gives a comprehensive outlook on medication management across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of system, service, delivery mode, end-user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in global medication management products.

Medication Management Market

MARKET SUMMARY
-
16.6% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 16.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Medication Management Market

  • The medication management market is surging owing to the expansion of their production facilities for medication management to meet the demands of the customers in the market, for instance, in April 2017, Siemens Healthineers acquired Medicalis Corporation.
  • The addition of Medicalis’ technology solutions to the Siemens Healthineers portfolio supports their offerings in Population Health Management and Value-Based Healthcare, a key priority for their ongoing expansion through their Services business.
  • Global medication management market expanding at significant CAGR over 2021 to 2027 owing to the increasing demand of mHealth technologies
  • Based on region, North America accounted for a larger market revenue share in 2019 and is projected to gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global medication management market
Market Leaders
  • Siemens Healthcare
  • CareFusion Corporation
  • Braun Melsungen AG
  • Mindray Medical International Limited.
  • Koninklijke Philips N.V.
  • Omnicell, Inc
  • Hospira (Pfizer)
  • McKesson Corporation
  • GE Healthcare
  • Allscripts Healthcare
  • Cerner Corporation
  • Epic Systems Corporation
Drivers and Restrains

Medication Management Market

Healthcare organizations are deploying medication management systems owing to their provision of process improvements in terms of quality and productivity. Managing information is significantly facilitated by the use of medication management systems when it comes to vital parameters including regulatory & compliance information, patient analysis, account balances, supplier costs, and valuation analysis. Retail pharmacy outlets are becoming aware about advantages of medication management systems in smooth workflow of operations and enhance productivity. These systems enable optimization, reducing patient waiting time & operational costs, and alleviating profit margins through the development of IT infrastructure. Meanwhile these systems help healthcare settings in generating reports on the administrative & clinical performance that can be utilized for practice improvement plans.


North America dominates the market

Medication Management Market Regional Analysis

North America accounted for a larger revenue share in the global medication management market with a CAGR of 15.7%. This can be attributed to high awareness about new technologies, presence of a large number of small- and medium-scale players offering medication management solutions to various hospitals and pharmacies, and shortage of primary care physicians. According to a study published in the Journal of American Medical Association, shortage of physicians in U.S. is expected to reach nearly 91,500 by 2020. Also, high adoption of IT in healthcare, technological advancement, increase in incidence of infectious and chronic diseases, and rise in number of prescriptions in the region were other key factors behind the region’s dominance.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Medication Management Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Medication Management Market Introduction
    • Global Medication Management Market – Taxonomy
    • Global Medication Management Market –Definitions
      • System
      • Service
      • Delivery Mode
      • End User
  1. Global Medication Management Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Medication Management Market Dynamic Factors – Impact Analysis
    • Global Medication Management Market – Competition Landscape
  2. Global Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Medication Management Market, By System, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Computerized Physician Order Entry
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Clinical Decision Support System
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Administration Software Inventory Management
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automated Dispensing Systems (ADS)
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Assurance System Software
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Medication Management Market Forecast, By Service, 2015 – 2019 and Forecast, 2020 – 2026
    • Medication Analytics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Point of Care Verification
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • ADE Surveillance
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
  1. Global Medication Management Market Forecast, By Delivery Mode, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Cloud Based
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Web Based
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • On Premise
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Medication Management Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Hospitals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pharmacy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Medication Management Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Region, 2020 – 2026
  2. North America Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • System Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Computerized Physician Order Entry
      • Clinical Decision Support System
      • Administration Software Inventory Management
      • Automated Dispensing Systems (ADS)
      • Assurance System Software
    • Service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Medication Analytics
      • Point of Care Verification
      • ADE Surveillance
    • Delivery Mode Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Cloud Based
      • Web Based
      • On Premise
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Pharmacy
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Country, 2020 – 2026
    • North America Medication Management Market Dynamics – Trends
  3. Europe Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • System Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Computerized Physician Order Entry
      • Clinical Decision Support System
      • Administration Software Inventory Management
      • Automated Dispensing Systems (ADS)
      • Assurance System Software
    • Service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Medication Analytics
      • Point of Care Verification
      • ADE Surveillance
    • Delivery Mode Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Cloud Based
      • Web Based
      • On Premise
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Pharmacy
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • France
      • Germany
      • UK
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Country, 2020 – 2026
    • Europe Medication Management Market Dynamics – Trends
  4. Asia-Pacific Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • System Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Computerized Physician Order Entry
      • Clinical Decision Support System
      • Administration Software Inventory Management
      • Automated Dispensing Systems (ADS)
      • Assurance System Software
    • Service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Medication Analytics
      • Point of Care Verification
      • ADE Surveillance
    • Delivery Mode Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Cloud Based
      • Web Based
      • On Premise
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Pharmacy
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • Australia & New Zealand
      • India
      • Philippines
      • Rest of Asia-Pacific
    • Asia-Pacific Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Country, 2020 – 2026
    • Asia-Pacific Medication Management Market Dynamics – Trends
  5. Latin America Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • System Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Computerized Physician Order Entry
      • Clinical Decision Support System
      • Administration Software Inventory Management
      • Automated Dispensing Systems (ADS)
      • Assurance System Software
    • Service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Medication Analytics
      • Point of Care Verification
      • ADE Surveillance
    • Delivery Mode Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Cloud Based
      • Web Based
      • On Premise
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Pharmacy
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Country, 2020 – 2026
    • Latin America Medication Management Market Dynamics – Trends
  6. Middle East and Africa Medication Management Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • System Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Computerized Physician Order Entry
      • Clinical Decision Support System
      • Administration Software Inventory Management
      • Automated Dispensing Systems (ADS)
      • Assurance System Software
    • Service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Medication Analytics
      • Point of Care Verification
      • ADE Surveillance
    • Delivery Mode Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Cloud Based
      • Web Based
      • On Premise
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Hospitals
      • Pharmacy
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Turkey
      • GCC
      • Egypt
      • Rome
    • MEA Medication Management Market – Opportunity Analysis Index, By System, Service, Delivery Mode, End User, and Country, 2020 – 2026
    • MEA Medication Management Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, System & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Siemens Healthcare (Germany)
      • CareFusion Corporation
      • Braun Melsungen AG
      • Mindray Medical International Limited.
      • Koninklijke Philips N.V.
      • Omnicell, Inc .
      • Hospira (Pfizer)
      • McKesson Corporation
      • GE Healthcare
      • Allscripts Healthcare
      • Cerner Corporation
      • Epic Systems Corporation
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

Competition Assessment:

  • Siemens Healthcare
  • CareFusion Corporation
  • Braun Melsungen AG
  • Mindray Medical International Limited.
  • Koninklijke Philips N.V.
  • Omnicell, Inc
  • Hospira (Pfizer)
  • McKesson Corporation
  • GE Healthcare
  • Allscripts Healthcare
  • Cerner Corporation
  • Epic Systems Corporation

Report

List of Tables and Figures

List of Tables:

Table 01: Global Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 02: Global Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 03: Global Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 04: Global Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

Table 05: Global Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Region, 2014-2025

Table 06: North America Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), By Country, 2014-2025

Table 07: North America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 08: North America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 09: North America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 10: North America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

Table 11: Latin America Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), By Country, 2014-2025

Table 12: Latin America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 13: Latin America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 14: Latin America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 15: Latin America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

Table 16: Europe Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), By Country, 2014-2025

Table 17: Europe Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 18: Europe Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 19: Europe Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 20: Europe Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

Table 21: Asia Pacific Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), By Country, 2014-2025

Table 22: Asia Pacific Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 23: Asia Pacific Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 24: Asia Pacific Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 25: Asia Pacific Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

Table 26: Middle East & Africa Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), By Country, 2014-2025

Table 27: Middle East & Africa Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By System, 2014-2025

Table 28: Middle East & Africa Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Service, 2014-2025

Table 29: Middle East & Africa Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By Delivery Mode, 2014-2025

Table 30: Middle East & Africa Medication Management Market – Historical, Forecast Market Sizes (US$ Mn), By End User, 2014-2025

List of Figures:

Figure 01: Global Medication Management Market Revenue Share (%), by System (2018)

Figure 02: Global Medication Management Market Revenue Share ($ Mn), by Service (2018, 2025)

Figure 03: Global Medication Management Market Revenue Share ($ Mn), by Delivery Mode (2018)

Figure 04: Global Medication Management Market Revenue Share (%), by End User (2018)

Figure 05: Global Medication Management Market Revenue Share (%) by Region (2018)

Figure 06: Global Medication Management Market – Regional Revenue Hotspots (2018)

Figure 07: Global Medication Management Market- Historical, Forecast Market Sizes (US$ Mn), and Y-o-Y Growth (%), 2014-2025

Figure 08: Global Medication Management Market– Market Opportunity (US$ Mn) 2014, 2018, & 2025

Figure 09: Global Medication Management Market Share (%), By System, 2018 & 2025

Figure 10: Global Medication Management Market Y-o-Y Growth (%), by System, 2018-2025

Figure 11: Computerized Physician Order Entry – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014 – 2025

Figure 12: Clinical Decision Support System – Historical, Forecast Market Sizes (US$ Mn) Market Opportunity (US$ Mn), 2014 – 2025

Figure 13: Administration Software Inventory Management – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn), 2014 – 2025

Figure 14: Automated Dispensing Systems (ADS) – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 15: Assurance System Software – Historical, Forecast Market Sizes (US$ Mn) Market Opportunity (US$ Mn), 2014-2025

Figure 16: Global Medication Management Market Share (%), By Service, 2018 & 2025

Figure 17: Global Medication Management Market Y-o-Y Growth (%), by Service, 2018-2025

Figure 18: Medication Analytics – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 19: Point -of -Care Verification – Historical, Forecast Market Sizes (US$ Mn) Market Opportunity (US$ Mn), 2014-2025

Figure 20: Adverse Drug Events (ADE) Surveillance – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 21: Global Medication Management Market Share (%), By Delivery Mode, 2018 & 2025

Figure 22: Global Medication Management Market Y-o-Y Growth (%), by Delivery Mode, 2018-2025

Figure 23: Cloud – Based – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 24: Web – Based – Historical, Forecast Market Sizes (US$ Mn) Market Opportunity (US$ Mn), 2014-2025

Figure 25: On-Premise- Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 26: Global Medication Management Market Share (%), By End User, 2018 & 2025

Figure 27: Global Medication Management Market Y-o-Y Growth (%), by End User, 2018-2025

Figure 28: Hospitals – Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 29: Pharmacy – Historical, Forecast Market Sizes (US$ Mn) Market Opportunity (US$ Mn), 2014-2025

Figure 30: Others- Historical, Forecast Market Sizes (US$ Mn), Market Opportunity (US$ Mn),2014-2025

Figure 31: Global Medication Management Market Share (%), By Region, 2018 & 2025

Figure 32: Global Medication Management Market Y-o-Y Growth (%), by Region, 2018-2025

Figure 33: North America Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Market Opportunity (US$ Mn), 2014-2025

Figure 34: Latin America Medication Management Market – Historical, Forecast Market Sizes (US$ Mn) and Market Opportunity (US$ Mn), 2014-2025

Figure 35: Europe Medication Management Market – Historical, Forecast Market Sizes (US$ Mn) and Market Opportunity (US$ Mn), 2014-2025

Figure 36: Asia-Pacific Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Market Opportunity (US$ Mn), 2014-2025

Figure 37: Middle East & Africa Medication Management Market – Historical, Forecast Market Sizes (US$ Mn) and Market Opportunity (US$ Mn), 2014-2025

Figure 38: Global Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 39: Global Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 40: Global Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 41: Global Medication Management Market – Opportunity Analysis, By End User 2018 – 2025

Figure 42: Global Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 43: North America Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Figure 44: North America Medication Management Market– Market Opportunity (US$ Mn), 2014, 2018, & 2025

Figure 45: North America Medication Management Market Share Analysis (%), by System, 2018

Figure 46: North America Medication Management Market Share Analysis (%), by Service, 2018

Figure 47: North America Medication Management Market Share Analysis (%), by Delivery Mode, 2018

Figure 48: North America Medication Management Market Share Analysis (%), by End User, 2018

Figure 49: North America Medication Management Market Share Analysis (%), by Country, 2018

Figure 50: North America Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 51: North America Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 52: North America Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 53: North America Medication Management Market – Opportunity Analysis, By End User 2018 – 2025

Figure 54: Figure 51: North America Medication Management Market – Opportunity Analysis, By Region, 2018 – 2025

Figure 55: Latin America Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Figure 56: Latin America Medication Management Market– Market Opportunity (US$ Mn), 2014, 2018, & 2025

Figure 57: Latin America Medication Management Market Share Analysis (%), by System, 2018

Figure 58: Latin America Medication Management Market Share Analysis (%), by Service, 2018

Figure 59: Latin America Medication Management Market Share Analysis (%), by Delivery Mode, 2018

Figure 60: Latin America Medication Management Market Share Analysis (%), by End User, 2018

Figure 61: Latin America Medication Management Market Share Analysis (%), by Country, 2018

Figure 62: Latin America Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 63: Latin America Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 64:Latin America Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 65: Latin America Medication Management Market – Opportunity Analysis, By End User 2018 – 2025

Figure 66: Latin America Medication Management Market – Opportunity Analysis, By Region, 2018 – 2025

Figure 67: Europe Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Figure 68: Europe Medication Management Market– Market Opportunity (US$ Mn), 2014, 2018, & 2025

Figure 69: Europe Medication Management Market Share Analysis (%), by System, 2018

Figure 70: Europe Medication Management Market Share Analysis (%), by Service, 2018

Figure 71: Europe Medication Management Market Share Analysis (%), by Delivery Mode, 2018

Figure 72: Europe Medication Management Market Share Analysis (%), by End User, 2018

Figure 73: Europe Medication Management Market Share Analysis (%), by Country, 2018

Figure 74: Europe Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 75: Europe Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 76: Figure 51: Europe Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 77: Europe Medication Management Market – Opportunity Analysis, By End User 2018 – 2025

Figure 78: Figure 51: Europe Medication Management Market – Opportunity Analysis, By Region, 2018 – 2025

Figure 79: Asia Pacific Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Figure 80: Asia Pacific Medication Management Market– Market Opportunity (US$ Mn), 2014, 2018, & 2025

Figure 81: Asia Pacific Medication Management Market Share Analysis (%), by System, 2018

Figure 82: Asia Pacific Medication Management Market Share Analysis (%), by Service, 2018

Figure 83: Asia Pacific Medication Management Market Share Analysis (%), by Delivery Mode, 2018

Figure 84: Asia Pacific Medication Management Market Share Analysis (%), by End User, 2018

Figure 85: Asia Pacific Medication Management Market Share Analysis (%), by Country, 2018

Figure 86: Asia Pacific Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 87: Asia Pacific Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 88: Figure 51: Asia Pacific Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 89: Asia Pacific Medication Management Market – Opportunity Analysis, By End user 2018 – 2025

Figure 90: Asia Pacific Medication Management Market – Opportunity Analysis, By Region, 2018 – 2025

Figure 91: Middle East & Africa Medication Management Market- Historical, Forecast Market Sizes (US$ Mn) and Y-o-Y Growth (%), 2014-2025

Figure 92: Middle East & Africa Medication Management Market– Market Opportunity (US$ Mn), 2014, 2018, & 2025

Figure 93: Middle East & Africa Medication Management Market Share Analysis (%), by System, 2018

Figure 94: Middle East & Africa Medication Management Market Share Analysis (%), by Service, 2018

Figure 95: Middle East & Africa Medication Management Market Share Analysis (%), by Delivery Mode, 2018

Figure 96: Middle East & Africa Medication Management Market Share Analysis (%), by End User, 2018

Figure 97: Middle East & Africa Medication Management Market Share Analysis (%), by Country, 2018

Figure 98: Middle East & Africa Medication Management Market – Opportunity Analysis, By System 2018 – 2025

Figure 99: Middle East & Africa Medication Management Market – Opportunity Analysis, By Service, 2018 – 2025

Figure 100: Middle East & Africa Medication Management Market – Opportunity Analysis, By Delivery Mode, 2018 – 2025

Figure 101: Middle East & Africa Medication Management Market – Opportunity Analysis, By End User 2018 – 2025

Figure 102: Middle East & Africa Medication Management Market – Opportunity Analysis, By Region, 2018 – 2025

Description

Medication Management Market size was valued at USD 3,965 Million in the year 2020 and is anticipated to value at USD 11,617 million till 2027 witnessing a CAGR rate of 16.6% during the forecast period 2021-2027. Some of the key factors fostering the market growth include increasing demand for mHealth technologies, rise in healthcare expenditure, growing penetration of mobile devices and increase in investments by the hospitals to improve the quality of treatment services. However, lack of awareness about medication management systems and high cost of services are the major factors limiting the market growth. In addition, growing demand from developing and developed countries provides huge growth opportunity for the market therefore market players expand geographically in the emerging countries of Africa, Asia, and Latin America.

Medication management market report gives a comprehensive outlook on medication management across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of system, service, delivery mode, end-user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in global medication management products.

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