Medication Management Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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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 is accounted for USD 5,389.8 Million in 2021 and is poised to grow at a significant CAGR of 16.6% over 2022 to 2028. The growing demand of mHealth technologies is driving the growth of the medication management market. Mobile health (mHealth) uses mobile technologies to assist healthcare professionals in providing efficient and adequate patient care. The growing burden of chronic diseases, rising geriatric population, supportive healthcare regulatory norms and increasing healthcare cost are increasing the acceptance of mHealth technologies. Additionally, the high penetration of mobile devices has fuelled the adoption of mHealth technologies. The rising number of prescriptions adds to pharmacists’ workload, and the growing number of hospitals investing in new software to improve healthcare process management and reduce medication errors will accelerate the use of automated workflow management systems. Furthermore, the significant increase in the number of prescriptions written around the world is predicted to increase the use of medication management software in healthcare facilities. In January 2018, In order to better oncology and critical care treatment, GE and Roche formed a partnership to build an integrated digital diagnostics platform. 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 Market Developments:

 

In February 2022, McKesson has received approval from The Centers for Medicare & Medicaid Services (CMS) to participate in the Merit-based Incentive Payment System (MIPS) as a Qualified Clinical Data Registry (QCDR).

In August 2021, GF healthcare collabarated with Amazon Web Services (AWS) to deliver AI and cloud based imaging solutions, integrated data, and clinical and operational insights to hospitals and providers,

Medication Management Market

MARKET SUMMARY
-
16.6% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 16.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Medication Management Market

  • The 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.
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in global medication management products.
Key Players
  • Allscripts
  • BD
  • B-soft Co.,ltd
  • Cerner Corporation
  • DHC Software Co., Ltd.
Medication Management Market

Dynamics

Medication management systems are being used by healthcare organizations due to process improvements in terms of quality and productivity. When it comes to critical aspects like regulatory and compliance information, patient analysis, account balances, supplier costs, and valuation analysis, the usage of medication management systems makes it much easier to manage information. Retail pharmacies are beginning to see the value of medication management systems in streamlining operations and increasing efficiency. Through the growth of IT infrastructure, these solutions enable optimization, decreasing patient waiting times and operational expenses while also cutting profit margins. However, the market’s growth is being hampered by a lack of understanding regarding prescription management systems, as well as privacy and security concerns.


North America dominates the market

Medication Management Market

The North American medication management market has registered the highest revenue share in 2021 and is expected to continue its dominance in the future. The region's dominance was fueled by high adoption of IT in healthcare, technical innovation, growth in the frequency of infectious and chronic diseases, and an increase in the number of prescriptions written in the region. Prescription management has become more popular in North America as concerns about medication errors and monitoring the misuse and overuse of medications that can lead to major adverse drug events have grown. However, the Asia Pacific region is expected to develop at the fast rate in the market. The pressing need for healthcare infrastructure modernization, owing to the aging population and rising prevalence of chronic diseases, will propel the market.

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 medication management market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The medication management market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The medication management market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The medication management market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The medication management market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Medication Management Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


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

  • Allscripts
  • BD
  • B-soft Co.,ltd
  • Cerner Corporation
  • DHC Software Co., Ltd.
  • GE Healthcare
  • Hangzhou Century Co., Ltd
  • Heren Health Co., Ltd
  • McKesson
  • Omnicell
  • Sichuan Jiuyuan Yinhai Software Co.,ltd.
  • Winning Health Technology Group Co., Ltd.

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 is accounted for USD 5,389.8 Million in 2021 and is poised to grow at a significant CAGR of 16.6% over 2022 to 2028. The growing demand of mHealth technologies is driving the growth of the medication management market. Mobile health (mHealth) uses mobile technologies to assist healthcare professionals in providing efficient and adequate patient care. The growing burden of chronic diseases, rising geriatric population, supportive healthcare regulatory norms and increasing healthcare cost are increasing the acceptance of mHealth technologies. Additionally, the high penetration of mobile devices has fuelled the adoption of mHealth technologies. The rising number of prescriptions adds to pharmacists’ workload, and the growing number of hospitals investing in new software to improve healthcare process management and reduce medication errors will accelerate the use of automated workflow management systems. Furthermore, the significant increase in the number of prescriptions written around the world is predicted to increase the use of medication management software in healthcare facilities. In January 2018, In order to better oncology and critical care treatment, GE and Roche formed a partnership to build an integrated digital diagnostics platform. 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 Market Developments:

 

In February 2022, McKesson has received approval from The Centers for Medicare & Medicaid Services (CMS) to participate in the Merit-based Incentive Payment System (MIPS) as a Qualified Clinical Data Registry (QCDR).

In August 2021, GF healthcare collabarated with Amazon Web Services (AWS) to deliver AI and cloud based imaging solutions, integrated data, and clinical and operational insights to hospitals and providers,

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