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THE GLOBAL MEDICATION MANAGEMENT MARKET SIZE TO REACH USD 4,517.87 MILLION BY 2026, GROWING AT A CAGR OF 15.15% DURING THE PERIOD 2021-2026
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MEDICATION MANAGEMENT MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| MARKET SIZE (REVENUE) | USD 4.52 BILLION (2026) |
| CAGR | 15.15% (2021-2026) |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Market Segments | Software Type (Computerized Physician Order Entry (CPOE), Clinical Decision Support System (CDSS), Automated Dispensing Systems (ADS), Drugs Inventory Management System (DIMS), and Others), Delivery Mode (Web & Cloud Based and On-Premises), and End-User (Hospitals, Pharmacies, and Others) |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| Countries Covered | US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, and Turkey |
MEDICATION MANAGEMENT MARKET OUTLOOK
The global medication management market is valued at an estimated USD 1.93 billion in 2020 and is expected to grow at a CAGR of 15.15% from 2020 to 2026, to reach USD 4.52 billion in 2026.
With the high adoption of IT in the healthcare industry globally, there will be an increase in the adoption of medication management systems. North America dominates the global market with the largest revenue share of 52.57% in 2020. The demand for these systems is increasing due to the growing need for remote patient monitoring services across healthcare. The increasing role of digital health, demand for pharmacy automation solutions, and active involvement of vendors will contribute to the growth of the medication management market.
The new generation of artificial intelligence (AI)-powered systems play a crucial role in identifying and addressing the root causes of medication systems across the healthcare industry. Patient-centric care is possible across the continuum of care with the use of these IT-integrated medication management systems. This helps evaluate the dynamics of patients’ clinical, medication, and related administrative information and fuel the industry's growth. Several companies are being actively involved with huge acquisitions and agreements with emerging and start-up companies.
SNIPPETS
- Based on delivery mode, the web & cloud-based segment accounted for the largest revenue share of 53.90% in the global market in 2020.
- The rapid implementation of health IT solutions by hospitals has led to a sharp increase in medication systems across the US. The medication management market in the US is expected to reach USD 1,979.79 million by 2026.
- The widespread implementation of eHealth has raised the demand for medication management in Europe.
- Based on software type, CPOE accounted for the highest revenue share of 40.45% in the global market in 2020.
MEDICATION MANAGEMENT MARKET SEGMENTATION
This research report includes a detailed segmentation by
- Software Type
- Delivery Mode
- End-User
- Geography
SEGMENTATION ANALYSIS
Computerized physician order entry (CPOE) is likely to witness incremental growth of USD 938.54 million by 2026.
CPOE is an integral and key component of medication management within hospital settings. Providers are increasingly adopting CPOE because of the Medicare and Medicaid incentive programs for meaningful use of electronic health records. CPOE accounted for the highest revenue share of 40.45% in the global medication management system market in 2020. The use of CPOE has increased steadily over time. Many EHR products now come being equipped with CPOE modules that enabling physicians to enter patient data electronically.
The global web and cloud-based segment is expected to reach USD 2,509.88 million by 2026.
Web and cloud-based solutions are expected to contribute to and improve several aspects of the healthcare sector. Medicine orders can be quickly digitized directly into a single, web-based application that supports customized workflows. Many companies are developing web and cloud-based medication management systems such as CareMeds, Omnicell, PipelineRx, etc.
In 2020, the hospital’s segment accounted for the highest revenue share of 47.89% in the global medication management market share.
Medication management in hospitals is vitally important to the delivery of safe care. Hospitals are using telemedicine to improve their link to pharmacy services at any time, improving medication systems for patients. Electronic medications management systems support all the stakeholders within the process and provide the patient-centric care model. Such developments are contributing to the rising uptake of medication systems in hospitals.
GEOGRAPHICAL INSIGHTS
In North America, the constant development in the healthcare IT sector is surging the adoption of digital solutions such as medication systems. The rapid increase in the number of older people's medicines leads to a sharp rise in adverse drug reactions (ADRs). With the advent of COVID-19, these systems became highly essential across the region. The North American region will likely show increasing growth in the industry owing to growing advancements during the forecast period. The North America medication management market will grow at a CAGR of 13.44% in the upcoming year.
INSIGHTS BY VENDORS
Most of the leading players are focusing on implementing various strategies to boom in the market. Manufacturers compete directly with several companies in the medication management automation solutions market. The medication management industry is intensely competitive. The players are anticipated to lucrative growth opportunities with the rising demand for systems in the global industry. Key vendors have a wide geographical reach, diversified product portfolio, and a strong focus on innovation and research activities. Major key players accounting for the significant share in the market are Cerner Corporation, BD, Omnicell, McKesson Corporation, Epic Systems, and United Health Group.
The global medication management market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
Software Type
- Computerized Physician Order Entry (CPOE)
- Clinical Decision Support System (CDSS)
- Automated Dispensing Systems (ADS)
- Drugs Inventory Management System (DIMS)
- Others
Delivery Mode
- Web & Cloud-Based
- On-Premises
End-User
- Hospitals
- Pharmacies
- Others
Geography
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- APAC
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- Turkey
SNAPSHOT
The global medication management market by revenue is expected to grow at a CAGR of over 15.15% during the period 2020–2026.
The following factors are likely to contribute to the growth of the medication management system market during the forecast period:
- Increasing Acquisitions & Agreements Among Vendors
- Role Of Digital Health in Medication Management
- Reduction In Medication Errors and Healthcare Costs
- Rising Demand for Enormous Data Mounting from Healthcare Industry
Base Year: 2020
Forecast Year: 2021-2026
The study considers the medication management market’s present scenario and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Major Vendors
- Omnicell
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Epic Systems Corporation
- BD
- Cerner Corporation
- McKesson Corporation
- UnitedHealth Group
Other Prominent Vendors
- ArbiMed
- Business Overview
- Product Offerings
- ARxIUM
- Cureatr
- DrFirst
- GE Healthcare
- Genoa
- Healthcom
- ICU Medical
- iRx Reminder
- Medical Information Technology
- Medicine-On-Time
- NextGen Healthcare
- PipelineRx
- Plexus Technology Group
- SmartMed
- Swisslog Healthcare
- Talyst
- WellSky
Market Segmentation by Software Type
- Computerized Physician Order Entry (CPOE)
- Clinical Decision Support System (CDSS)
- Automated Dispensing Systems (ADS)
- Drugs Inventory Management System (DIMS)
- Others
Market Segmentation by Delivery Mode
- Web & Cloud-Based
- On-Premises
Market Segmentation by End-User
- Hospitals
- Pharmacies
- Others
Market Segmentation by Geography
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- APAC
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- Turkey
Frequently Asked Questions
At what CAGR is the Medication Management market projected to grow in the forecast period (2021-2026)?
What is the impact of the COVID-19 in the Medical Management Market?
Which region holds the largest share in the Market?
What are the new developments in the Medication Management Systems market?
Who are the top key players in the Medication Management Market?
LIST OF EXHIBITS
Exhibit 1 Segmentation of Global Medication Management Market
Exhibit 2 Market Size Calculation Approach 2020
Exhibit 3 IT Systems in Medication Management at Various Stages
Exhibit 4 Impact of Information Technology Boosting Medication Management
Exhibit 5 Involvement of IT in Various Steps of Medication Management
Exhibit 6 Impact of Acquisitions & Agreements Among Vendors
Exhibit 7 Impact of Role of Digital Health in Medication Management
Exhibit 8 Impact of E-Medication & Electronic Medication Management
Exhibit 9 Electronic Medication Management in Practice
Exhibit 10 Impact of Reduction in Medication Errors & Healthcare Costs
Exhibit 11 Impact of Enormous Data Mounting in Healthcare Industry
Exhibit 12 Impact of Technical & Workflow Issues
Exhibit 13 Impact of Lack of Standardization & Security Concerns
Exhibit 14 Impact of Errors Linked to Medication Management Systems
Exhibit 15 Global Medication Management Market 2020–2026 ($ million)
Exhibit 16 Global Medication Management Market by Geography
Exhibit 17 Global Medication Management Market by Software Type
Exhibit 18 Global Medication Management Market by Delivery Mode
Exhibit 19 Global Medication Management Market by End-user
Exhibit 20 Five Forces Analysis 2020
Exhibit 21 Incremental Growth by Software Type 2020 & 2026
Exhibit 22 Global Medication Management Market by Software Type
Exhibit 23 Global Medication Management Market by Software Type: Incremental Growth
Exhibit 24 Global Medication Management Market by Software Type: Absolute Growth
Exhibit 25 Global CPOE Medication Management Market: Incremental & Absolute Growth
Exhibit 26 Global CPOE Medication Management Market 2020–2026 ($ million)
Exhibit 27 Incremental Growth by Geography 2020 & 2026
Exhibit 28 Functions & Advantages of CDSS
Exhibit 29 Global CDSS Medication Management Market: Incremental & Absolute Growth
Exhibit 30 Global CDSS Medication Management Market 2020–2026 ($ million)
Exhibit 31 Incremental Growth by Geography 2020 & 2026
Exhibit 32 Global ADS Medication Management Market: Incremental & Absolute Growth
Exhibit 33 Global ADS Medication Management Market 2020–2026 ($ million)
Exhibit 34 Incremental Growth by Geography 2020 & 2026
Exhibit 35 Global DIMS Medication Management Market: Incremental & Absolute Growth
Exhibit 36 Global DIMS Medication Management Market 2020–2026 ($ million)
Exhibit 37 Incremental Growth by Geography 2020 & 2026
Exhibit 38 Global Medication Management Market by Others: Incremental & Absolute Growth
Exhibit 39 Global Medication Management Market by Others 2020–2026 ($ million)
Exhibit 40 Incremental Growth by Geography 2020 & 2026
Exhibit 41 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 42 Global Medication Management Market by Delivery Mode
Exhibit 43 Global Delivery Mode Medication Management Market: Incremental Growth
Exhibit 44 Global Delivery Mode Medication Management Market: Absolute Growth
Exhibit 45 Global Web & Cloud-based Medication Management Market: Incremental & Absolute Growth
Exhibit 46 Global Web & Cloud-based Medication Management Market 2020–2026 ($ million)
Exhibit 47 Incremental Growth by Geography 2020 & 2026
Exhibit 48 Global On-premises Medication Management Market: Incremental & Absolute Growth
Exhibit 49 Global On-premises Medication Management Market 2020–2026 ($ million)
Exhibit 50 Incremental Growth by Geography 2020 & 2026
Exhibit 51 Incremental Growth by End-user 2020 & 2026
Exhibit 52 Global Medication Management Market by End-user
Exhibit 53 Global End-user Medication Management Market: Incremental Growth
Exhibit 54 Global End-User Medication Management Market: Absolute Growth
Exhibit 55 Global Hospital Medication Management Market: Incremental & Absolute Growth
Exhibit 56 Global Hospital Medication Management Market 2020–2026 ($ million)
Exhibit 57 Incremental Growth by Geography 2020 & 2026
Exhibit 58 Global Pharmacies Medication Management Market: Incremental & Absolute Growth
Exhibit 59 Global Pharmacies Medication Management Market 2020–2026 ($ million)
Exhibit 60 Incremental Growth by Geography 2020 & 2026
Exhibit 61 Global Medication Management Market by Others: Incremental & Absolute Growth
Exhibit 62 Global Medication Management Market by Others 2020–2026 ($ million)
Exhibit 63 Incremental Growth by Geography 2020 & 2026
Exhibit 64 Incremental Growth by Geography 2020 & 2026
Exhibit 65 Global Medication Management Market by Geography
Exhibit 66 Global Medication Management Market by Geography: Key Countries ($ million)
Exhibit 67 Global Medication Management Market by Geography: Incremental Growth
Exhibit 68 Global Medication Management Market by Geography: Absolute Growth
Exhibit 69 Medication Management Market in North America: Key Countries
Exhibit 70 North America Medication Management Market: Incremental & Absolute Growth
Exhibit 71 North America Medication Management Market 2020–2026 ($ million)
Exhibit 72 Incremental Growth by Software Type 2020 & 2026
Exhibit 73 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 74 Incremental Growth by End-user 2020 & 2026
Exhibit 75 Incremental Growth in North America 2020 & 2026
Exhibit 76 Medication Management Market in US 2020–2026 ($ million)
Exhibit 77 Medication Management Market in Canada 2020–2026 ($ million)
Exhibit 78 Medication Management Market in Europe: Key Countries
Exhibit 79 Europe Medication Management Market: Incremental & Absolute Growth
Exhibit 80 Europe Medication Management Market 2020–2026 ($ million)
Exhibit 81 Incremental Growth by Software Type 2020 & 2026
Exhibit 82 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 83 Incremental Growth by End-user 2020 & 2026
Exhibit 84 Incremental Growth in Europe 2020 & 2026
Exhibit 85 Medication Management Market in Germany 2020–2026 ($ million)
Exhibit 86 Medication Management Market in France 2020–2026 ($ million)
Exhibit 87 Medication Management Market in UK 2020–2026 ($ million)
Exhibit 88 Medication Management Market in Italy 2020–2026 ($ million)
Exhibit 89 Medication Management Market in Spain 2020–2026 ($ million)
Exhibit 90 APAC Medication Management Market: Key Countries
Exhibit 91 APAC Medication Management Market: Incremental & Absolute Growth
Exhibit 92 APAC Medication Management Market 2020–2026 ($ million)
Exhibit 93 Incremental Growth by Software Type 2020 & 2026
Exhibit 94 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 95 Incremental Growth by End-user 2020 & 2026
Exhibit 96 Incremental Growth in APAC 2020 & 2026
Exhibit 97 Medication Management Market in China 2020–2026 ($ million)
Exhibit 98 Medication Management Market in Japan 2020–2026 ($ million)
Exhibit 99 Medication Management Market in India 2020–2026 ($ million)
Exhibit 100 Medication Management Market in Australia 2020–2026 ($ million)
Exhibit 101 Medication Management Market in South Korea 2020–2026 ($ million)
Exhibit 102 Latin America Medication Management Market: Key Countries
Exhibit 103 Latin America Medication Management Market: Incremental & Absolute Growth
Exhibit 104 Latin America Medication Management Market 2020–2026 ($ million)
Exhibit 105 Incremental Growth by Software Type 2020 & 2026
Exhibit 106 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 107 Incremental Growth by End-user 2020 & 2026
Exhibit 108 Incremental Growth in Latin America 2020 & 2026
Exhibit 109 Medication Management Market in Brazil 2020–2026 ($ million)
Exhibit 110 Medication Management Market in Mexico 2020–2026 ($ million)
Exhibit 111 Medication Management Market in Argentina 2020–2026 ($ million)
Exhibit 112 Middle East & Africa Medication Management Market: Key Countries
Exhibit 113 Middle East & Africa Medication Management Market: Incremental & Absolute Growth
Exhibit 114 Middle East & Africa Medication Management Market 2020–2026 ($ million)
Exhibit 115 Incremental Growth by Software Type 2020 & 2026
Exhibit 116 Incremental Growth by Delivery Mode 2020 & 2026
Exhibit 117 Incremental Growth by End-user 2020 & 2026
Exhibit 118 Incremental Growth in Middle East & Africa 2020 & 2026
Exhibit 119 Medication Management Market in South Africa 2020–2026 ($ million)
Exhibit 120 Medication Management Market in Saudi Arabia 2020–2026 ($ million)
Exhibit 121 Medication Management Market in Turkey 2020–2026 ($ million)
Exhibit 122 Global Medication Management Market: Ranking Vendors 2020
Exhibit 123 Global Medication Management Market: Vendors Market Share (2020)
Exhibit 124 Omnicell: Total Revenue 2018–2020 ($ million)
Exhibit 125 Omnicell: Revenue by Business Segments 2018–2020 ($ million)
Exhibit 126 Omnicell: R&D Expenditure 2018–2020 ($ million)
Exhibit 127 Omnicell: Revenue Share by Geographic Regions 2018–2020 ($ million)
Exhibit 128 BD: Total Revenue 2018–2020 ($ million)
Exhibit 129 BD: Revenue by Business Segments 2018–2020 ($ million)
Exhibit 130 BD: R&D Expenditure 2018–2020 ($ million)
Exhibit 131 BD: Revenue Share by Geographic Regions 2018–2020 ($ million)
Exhibit 132 Cerner Corporation: Total Revenue 2018–2020 ($ million)
Exhibit 133 Cerner Corporation: Revenue by Business Segments 2018–2020 ($ million)
Exhibit 134 Cerner Corporation: R&D Expenditure 2018–2020 ($ million)
Exhibit 135 McKesson Corporation: Total Revenue 2019–2021 ($ million)
Exhibit 136 McKesson Corporation: Revenue by Business Segments 2019–2021 ($ million)
Exhibit 137 McKesson Corporation: R&D Expenditure 2019–2021 ($ million)
Exhibit 138 UnitedHealth Group: Total Revenue 2018–2020 ($ million)
Exhibit 139 UnitedHealth Group: Revenue by Business Segments 2018–2020 ($ million)
Exhibit 140 UnitedHealth Group: Revenue Share by Optum Segment 2018–2020 ($ million)
Exhibit 141 UnitedHealth Group: Revenue Share by UnitedHealthcare Segments 2018–2020 ($ million)
LIST OF TABLES
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2020
Table 3 North America Medication Management Market by Software Type 2020–2026 ($ million)
Table 4 North America Medication Management Market by Software Type 2020–2026 (%)
Table 5 North America Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 6 North America Medication Management Market by Delivery Mode 2020–2026 (%)
Table 7 North America Medication Management Market by End-user 2020–2026 ($ million)
Table 8 North America Medication Management Market by End-user 2020–2026 (%)
Table 9 Europe Medication Management Market by Software Type 2020–2026 ($ million)
Table 10 Europe Medication Management Market by Software Type 2020–2026 (%)
Table 11 Europe Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 12 Europe Medication Management Market by Delivery Mode 2020–2026 (%)
Table 13 Europe Medication Management Market by End-user 2020–2026 ($ million)
Table 14 Europe Medication Management Market by End-user 2020–2026 (%)
Table 15 APAC Medication Management Market by Software Type 2020–2026 ($ million)
Table 16 APAC Medication Management Market by Software Type 2020–2026 (%)
Table 17 APAC Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 18 APAC Medication Management Market by Delivery Mode 2020–2026 (%)
Table 19 APAC Medication Management Market by End-user 2020–2026 ($ million)
Table 20 APAC Medication Management Market by End-user 2020–2026 (%)
Table 21 Latin America Medication Management Market by Software Type 2020–2026 ($ million)
Table 22 Latin America Medication Management Market by Software Type 2020–2026 (%)
Table 23 Latin America Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 24 Latin America Medication Management Market by Delivery Mode 2020–2026 (%)
Table 25 Latin America Medication Management Market by End-user 2020–2026 ($ million)
Table 26 Latin America Medication Management Market by End-user 2020–2026 (%)
Table 27 Middle East & Africa Medication Management Market by Software Type 2020–2026 ($ million)
Table 28 Middle East & Africa Medication Management Market by Software Type 2020–2026 (%)
Table 29 Middle East & Africa Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 30 Middle East & Africa Medication Management Market by Delivery Mode 2020–2026 (%)
Table 31 Middle East & Africa Medication Management Market by End-user 2020–2026 ($ million)
Table 32 Middle East & Africa Medication Management Market by End-user 2020–2026 (%)
Table 33 Omnicell: Major Product Offerings
Table 34 Epic Systems Corporation: Major Product Offerings
Table 35 BD: Major Product Offerings
Table 36 Cerner Corporation: Major Product Offerings
Table 37 McKesson Corporation: Major Product Offerings
Table 38 UnitedHealth Group: Major Product Offerings
Table 39 ArbiMed: Major Product Offerings
Table 40 ARxIUM: Major Product Offerings
Table 41 Cureatr: Major Product Offerings
Table 42 DrFirst: Major Product Offerings
Table 43 GE Healthcare: Major Product Offerings
Table 44 Genoa Healthcare: Major Product Offerings
Table 45 Healthcom: Major Product Offerings
Table 46 ICU Medical: Major Product Offerings
Table 47 iRx Reminder: Major Product Offerings
Table 48 Medical Information Technology: Major Product Offerings
Table 49 Medicine-On-Time: Major Product Offerings
Table 50 NextGen Healthcare: Major Product Offerings
Table 51 PipelineRx: Major Product Offerings
Table 52 Plexus Technology Group: Major Product Offerings
Table 53 SmartMed: Major Product Offerings
Table 54 Swisslog Healthcare: Major Product Offerings
Table 55 Talyst: Major Product Offerings
Table 56 WellSky: Major Product Offerings
Table 57 Global Medication Management Market by Software Type 2020–2026 ($ million)
Table 58 Global Medication Management Market by Software Type 2020–2026 (%)
Table 59 North America Medication Management Market by Software Type 2020–2026 ($ million)
Table 60 North America Medication Management Market by Software Type 2020–2026 (%)
Table 61 Europe Medication Management Market by Software Type 2020–2026 ($ million)
Table 62 Europe Medication Management Market by Software Type 2020–2026 (%)
Table 63 APAC Medication Management Market by Software Type 2020–2026 ($ million)
Table 64 APAC Medication Management Market by Software Type 2020–2026 (%)
Table 65 Latin America Medication Management Market by Software Type 2020–2026 ($ million)
Table 66 Latin America Medication Management Market by Software Type 2020–2026 (%)
Table 67 Middle East & Africa Medication Management Market by Software Type 2020–2026 ($ million)
Table 68 Middle East & Africa Medication Management Market by Software Type 2020–2026 (%)
Table 69 Global Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 70 Global Medication Management Market by Delivery Mode 2020–2026 (%)
Table 71 North America Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 72 North America Medication Management Market by Delivery Mode 2020–2026 (%)
Table 73 Europe Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 74 Europe Medication Management Market by Delivery Mode 2020–2026 (%)
Table 75 APAC Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 76 APAC Medication Management Market by Delivery Mode 2020–2026 (%)
Table 77 Latin America Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 78 Latin America Medication Management Market by Delivery Mode 2020−2026 (%)
Table 79 Middle East & Africa Medication Management Market by Delivery Mode 2020–2026 ($ million)
Table 80 Middle East & Africa Medication Management Market by Delivery Mode 2020–2026 (%)
Table 81 Global Medication Management Market by End-user 2020–2026 ($ million)
Table 82 Global Medication Management Market by End-user 2020–2026 (%)
Table 83 North America Medication Management Market by End-user 2020–2026 ($ million)
Table 84 North America Medication Management Market by End-user 2020–2026 (%)
Table 85 Europe Medication Management Market by End-user 2020–2026 ($ million)
Table 86 Europe Medication Management Market by End-user 2020–2026 (%)
Table 87 APAC Medication Management Market by End-user 2020–2026 ($ million)
Table 88 APAC Medication Management Market by End-user 2020–2026 (%)
Table 89 Latin America Medication Management Market by End-user 2020–2026 ($ million)
Table 90 Latin America Medication Management Market by End-user 2020–2026 (%)
Table 91 Middle East & Africa Medication Management Market by End-user 2020–2026 ($ million)
Table 92 Middle East & Africa Medication Management Market by End-user 2020–2026 (%)
Table 93 Global Medication Management Market by Geography 2020–2026 ($ million)
Table 94 Global Medication Management Market by Geography 2020–2026 (%)
Table 95 CPOE Medication Management Market by Geography 2020–2026 ($ million)
Table 96 CPOE Medication Management Market by Geography 2020–2026 (%)
Table 97 CDSS Medication Management Market by Geography 2020–2026 ($ million)
Table 98 CDSS Medication Management Market by Geography 2020–2026 (%)
Table 99 ADS Medication Management Market by Geography 2020–2026 ($ million)
Table 100 ADS Medication Management Market by Geography 2020–2026 (%)
Table 101 DIMS Medication Management Market by Geography 2020–2026 ($ million)
Table 102 DIMS Medication Management Market by Geography 2020–2026 (%)
Table 103 Other Medication Management Market by Geography 2020–2026 ($ million)
Table 104 Other Medication Management Market by Geography 2020–2026 (%)
Table 105 Web & Cloud-based Medication Management Market by Geography 2020−2026 ($ million)
Table 106 Web & Cloud-based in Medication Management Market by Geography 2020−2026 (%)
Table 107 On-premises Medication Management Market by Geography 2020–2026 ($ million)
Table 108 On-premises Medication Management Market by Geography 2020–2026 (%)
Table 109 Hospital Medication Management Market by Geography 2020–2026 ($ million)
Table 110 Hospital Medication Management Market by Geography 2020–2026 (%)
Table 111 Pharmacies Medication Management Market by Geography 2020–2026 ($ million)
Table 112 Pharmacies Medication Management Market by Geography 2020–2026 (%)
Table 113 Other End-user Medication Management Market by Geography 2020–2026 ($ million)
Table 114 Other End-user Medication Management Market by Geography 2020–2026 (%)
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Software Type
4.3.2 Market Segmentation by Delivery Mode
4.3.3 Market Segmentation by End-user
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Opportunities & Trends
8.1 Information Technology Boosting Medication Management
8.2 Acquisitions & Agreements Among Vendors
8.3 Role of Digital Health in Medication Management
9 Market Growth Enablers
9.1 E-Medication & Electronic Medication Management
9.2 Reduction in Medication Errors & Healthcare Costs
9.3 Enormous Data Mounting in Healthcare Industry
10 Market Growth Restraints
10.1 Technical & Workflow Issues
10.2 Lack of Standardization & Security Concerns
10.3 Errors Linked to Medication Management Systems
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.2.1 Geographic Insights
11.2.2 Software Type
11.2.3 Delivery Mode
11.2.4 End-user Insights
11.3 Medication Management During COVID-19
11.4 Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Software Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Computerized Physician Order Entry
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 Computerized Physician Order Entry: Geography Segmentation
12.4 Clinical Decision Support System
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.4.3 Clinical Decision Support Systems: Geography Segmentation
12.5 Automated Dispensing Systems
12.5.1 Market Overview
12.5.2 Market Size & Forecast
12.5.3 Automated Dispensing System: Geography Segmentation
12.6 Drugs Inventory Management System
12.6.1 Market Overview
12.6.2 Market Size & Forecast
12.6.3 Drug Inventory Management System: Geography Segmentation
12.7 Others
12.7.1 Market Overview
12.7.2 Market Size & Forecast
12.7.3 Others: Geography Segmentation
13 Delivery Mode
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Web & Cloud-Based
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Web & Cloud-based: Geography Segmentation
13.4 On-Premises
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 On-premises: Geography Segmentation
14 End-User
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Hospitals
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Hospitals: Geography Segmentation
14.4 Pharmacies
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Pharmacies: Geography Segmentation
14.5 Others
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Others: Geography Segmentation
15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview
16 North America
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 North America: Software Type
16.2.2 North America: Delivery Mode
16.2.3 North America: End-user
16.3 Key Countries
16.3.1 US: Market Size & Forecast
16.3.2 Canada: Market Size & Forecast
17 Europe
17.1 Market Overview
17.2 Market Size & Forecast
17.2.1 Europe: Software Type
17.2.2 Europe: Delivery Mode
17.2.3 Europe: End-user
17.3 Key Countries
17.3.1 Germany: Market Size & Forecast
17.3.2 France: Market Size & Forecast
17.3.3 UK: Market Size & Forecast
17.3.4 Italy: Market Size & Forecast
17.3.5 Spain: Market Size & Forecast
18 APAC
18.1 Market Overview
18.2 Market Size & Forecast
18.2.1 APAC: Software Type
18.2.2 APAC: Delivery Mode
18.2.3 APAC: End-user
18.3 Key Countries
18.3.1 China: Market Size & Forecast
18.3.2 Japan: Market Size & Forecast
18.3.3 India: Market Size & Forecast
18.3.4 Australia: Market Size & Forecast
18.3.5 South Korea: Market Size & Forecast
19 Latin America
19.1 Market Overview
19.2 Market Size & Forecast
19.2.1 Latin America: Software Type
19.2.2 Latin America: Delivery Mode
19.2.3 Latin America: End-user
19.3 Key Countries
19.3.1 Brazil: Market Size & Forecast
19.3.2 Mexico: Market Size & Forecast
19.3.3 Argentina: Market Size & Forecast
20 Middle East and Africa
20.1 Market Overview
20.2 Market Size & Forecast
20.2.1 Middle East & Africa: Software Type
20.2.2 Middle East & Africa: Delivery Mode
20.2.3 Middle East & Africa: End-user
20.3 Key Countries
20.3.1 South Africa: Market Size & Forecast
20.3.2 Saudi Arabia: Market Size & Forecast
20.3.3 Turkey: Market Size & Forecast
21 Competitive Landscape
21.1 Competition Overview
21.2 Market Share Analysis
21.2.1 Omnicell in Medication Management Market
21.2.2 Epic Systems Corporation in Medication Management Market
21.2.3 BD in Medication Management Market
21.2.4 Cerner Corporation in Medication Management Market
21.2.5 McKesson Corporation in Medication Management Market
21.2.6 UnitedHealth Group in Medication Management Market
22 Key Company Profiles
22.1 Omnicell
22.1.1 Business Overview
22.1.2 Omnicell in Medication Management Market
22.1.3 Product Offerings
22.1.4 Key Strategies
22.1.5 Key Strengths
22.1.6 Key Opportunities
22.2 Epic Systems Corporation
22.2.1 Business Overview
22.2.2 Epic Systems Corporation in Medication Management Market
22.2.3 Product Offerings
22.2.4 Key Strategies
22.2.5 Key Strengths
22.2.6 Key Opportunities
22.3 BD
22.3.1 Business Overview
22.3.2 BD in Medication Management Market
22.3.3 Product Offerings
22.3.4 Key Strategies
22.3.5 Key Strengths
22.3.6 Key Opportunities
22.4 Cerner Corporation
22.4.1 Business Overview
22.4.2 Cerner Corporation in Medication Management Market
22.4.3 Product Offerings
22.4.4 Key Strategies
22.4.5 Key Strengths
22.4.6 Key Opportunities
22.5 Mckesson Corporation
22.5.1 Business Overview
22.5.2 McKesson Corporation in Medication Management Market
22.5.3 Product Offerings
22.5.4 Key Strategies
22.5.5 Key Strengths
22.5.6 Key Opportunities
22.6 United Health Group
22.6.1 Business Overview
22.6.2 UnitedHealth Group in Medication Management Market
22.6.3 Product Offerings
22.6.4 Key Strategies
22.6.5 Key Strengths
22.6.6 Key Opportunities
23 Other Prominent Vendors
23.1 Arbimed
23.1.1 Business Overview
23.1.2 Product Offerings
23.2 Arxium
23.2.1 Business Overview
23.2.2 Product Offerings
23.3 Cureatr
23.3.1 Business Overview
23.3.2 Product Offerings
23.4 Drfirst
23.4.1 Business Overview
23.4.2 Product Offerings
23.5 GE Healthcare
23.5.1 Business Overview
23.5.2 Product Offerings
23.6 Genoa Healthcare
23.6.1 Business Overview
23.6.2 Product Offerings
23.7 Healthcom
23.7.1 Business Overview
23.7.2 Product Offerings
23.8 ICU Medical
23.8.1 Business Overview
23.8.2 Product Offerings
23.9 IRX Reminder
23.9.1 Business Overview
23.9.2 Product Offerings
23.10 Medical Information Technology
23.10.1 Business Overview
23.10.2 Product Offerings
23.11 Medicine-On-Time
23.11.1 Business Overview
23.11.2 Product Offerings
23.12 Nextgen Healthcare
23.12.1 Business Overview
23.12.2 P roduct Offerings
23.13 Pipelinerx
23.13.1 Business Overview
23.13.2 Product Offerings
23.14 Plexus Technology Group
23.14.1 Business Overview
23.14.2 Product Offerings
23.15 Smartmed
23.15.1 Business Overview
23.15.2 Product Offerings
23.16 Swisslog Healthcare
23.16.1 Business Overview
23.16.2 Product Offerings
23.17 Talyst
23.17.1 Business Overview
23.17.2 Product Offerings
23.18 Wellsky
23.18.1 Business Overview
23.18.2 Product Offerings
24 Report Summary
24.1 Key Takeaways
24.2 Strategic Recommendations
25 Quantitative Summary
25.1 Market by Software Type
25.1.1 North America: Software Type Segmentation
25.1.2 Europe: Software Type Segmentation
25.1.3 APAC: Software Type Segmentation
25.1.4 Latin America: Software Type Segmentation
25.1.5 Middle East & Africa: Software Type Segmentation
25.2 Market by Delivery Mode
25.2.1 North America: Delivery Mode Segmentation
25.2.2 Europe: Delivery Mode Segmentation
25.2.3 APAC: Delivery Mode Segmentation
25.2.4 Latin America: Delivery Mode Segmentation
25.2.5 Middle East & Africa: Delivery Mode Segmentation
25.3 Market by End-User
25.3.1 North America: End-user Segmentation
25.3.2 Europe: End-user Segmentation
25.3.3 APAC: End-user Segmentation
25.3.4 Latin America: End-user Segmentation
25.3.5 Middle East & Africa: End-user Segmentation
25.4 Market by Geography
25.4.1 CPOE: Geography Segmentation
25.4.2 CDSS: Geography Segmentation
25.4.3 ADS: Geography Segmentation
25.4.4 DIMS: Geography Segmentation
25.4.5 Others: Geography Segmentation
25.4.6 Web & Cloud-based: Geography Segmentation
25.4.7 On-premises: Geography Segmentation
25.4.8 Hospitals: Geography Segmentation
25.4.9 Pharmacies: Geography Segmentation
25.4.10 Others: Geography Segmentation
26 Appendix
26.1 Abbreviations
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Frequently Asked Questions
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