Global Medication Management Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
- Report Code : FAT2246135
- Published On: Jan, 2021
- Category : Healthcare & Pharma
- Pages : 170
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Global Medication Management Market: Market Segments: By Software Type (CPOE, CDSS, Medication Administration Software, Inventory Management, ADS, and Others); By Service (Medication Analytics Services, ADE Surveillance Services, and Point-Of-Care Verification Services); By Mode of Delivery (Web-Based, Cloud-Based and On-Premises); By End User (Hospitals, Pharmacy, and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Medication tracking enables medications to be electronically monitored and validated for prescription, administration and supply. An integrated method known as drug management is designed to control and sustain the medicine management cycle. The drug control method for the prescription, delivery and distribution of medications is used in hospitals. The use of the framework for drug control helps to reduce the error rates in the administration of medicines.
Market Highlights
Global Medication Management Market is expected to project a notable CAGR of XX.X% in 2030.
Global Medication Management Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The rise in the incidence of illnesses is the main factor driving the drug management market. The use of drugs has increased this rise in illnesses, which in turn has increased the rate of drug prescriptions.
Global Medication Management Market: Segments
CPOE Segment to grow with the highest CAGR of XX.X% during 2019-30
Global Medication Management Market is segmented by software type into computerized physician order entry (CPOE), clinical decision support system (CDSS), inventory management, administration software, automated dispensing system (ADS), and others. The greater market share in 2019 was accounted for by the CDSS segment owing to the growth of the clinical decision support system solutions segment are the increasing need to minimize human errors, increasing demand to minimize healthcare spending, need for improvement in the standard of treatment, the chronic disease population, and greater adoption rate in emerging economies.
Global Medication Management Market: Market Dynamics
Drivers
Rising Number of Clinical Trials
Increased population ageing, increased demand for mHealth technology, increased prevalence of chronic diseases, increased spending on health care, and initiatives by government associations to improve regulatory standards are some of the factors driving the growth of the market for medication management.
Restraint
High Implementation Costs
When left untreated and responsible for the leading causes of death worldwide, chronic conditions such as diabetes can have life-threatening effects for the cardiovascular, renal and nervous systems.
Global Medication Management Market: Regions
Global Medication Management Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Medication Management Market in North America held the largest market share of XX.X% in the year 2018 due to the robust implementation of healthcare IT, technological development, an increase in the incidence of infectious and chronic diseases, and an increase in the number of prescriptions in the area are main factors responsible for the dominance of the area. Also, the European market is rising considerably. The increase in healthcare practices in this region is the factor that characterizes this development. China and India are countries in the Asia-Pacific region that contribute significantly to market growth due to factors such as rising rates of infectious diseases, rapid development in the healthcare sector, large populations, and increased knowledge among people.
Global Medication Management Market: Key Players
• A-S Medication Solutions
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• ARxIUM
• Becton, Dickinson and Company
• Cerner Corporation
• GE Healthcare (GE Company)
• McKesson Corporation
• Omnicell, Inc.
• Talyst, LLC
Global Medication Management Market report also contains analysis on:
Global Medication Management Market Segments:
By Software Type:
• CPOE
• CDSS
• Medication Administration Software
• Inventory Management
• ADS
• Others
By Service:
• Medication Analytics Services
• ADE Surveillance Services
• Point-Of-Care Verification Services
By Mode of Delivery:
• Web-Based
• Cloud-Based
• On-Premises
By End User:
• Hospitals
• Pharmacy
• Others
• Global Medication Management Market Dynamics
• Global Medication Management Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
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With tables and figures helping analyze worldwide Global Medication Management market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1. Executive Summary
2. Global Medication Management Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Hospital Beds Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Medication Management Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Medication Management Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. MEA: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Software Type: Market Share (2020-2030F)
12.2.1. CPOE, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. CDSS, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Medication Administration Software, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Inventory Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. ADS, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Service: Market Share (2020-2030F)
12.3.1. Medication Analytics Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. ADE Surveillance Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Point-Of-Care Verification Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Mode of Delivery: Market Share (2020-2030F)
12.4.1. Web-Based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Cloud-Based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. On-Premises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.5. By End User: Market Share (2020-2030F)
12.5.1. Hospitals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.5.2. Pharmacy, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.5.3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13 Company Profile
13.1. A-S Medication Solutions.
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. ARxIUM.
13.3. Becton, Dickinson and Company.
13.4. Cerner Corporation
13.5. GE Healthcare
13.6. McKesson Corporation.
13.7. Omnicell, Inc.
13.8. Talyst, LLC.
13.9. McKesson Corporation
13.10. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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The Global Medication Management Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
The Global Medication Management study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.
In recent years, the Global Medication Management Market has grown at an incredible rate. From 2024 to 2029, the market is expected to grow at a CAGR of yy%.
As the shift to value addition continues, companies in the Global Medication Management Market face the dual challenge of improving interoperability to optimize performance and experience.
The majority of data for the Global Medication Management Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.
