DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Medication Management Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering.
The global medication management market accounted $1,076.5 million revenue in 2014, and it is expected to grow at a CAGR of 26.1% during 2015-2020. Among the various software types, the CDSS segment is expected to witness the fastest growth during the forecast period, at a CAGR of 30.8%. The global medication management market is growing at a significant rate, due to growing demand for advanced healthcare information system and growing investments by HIT players.
Medication is involved in the treatment of medical conditions and impacts every aspect of the patient's life. Medication errors are the second most common type of medical events reported in healthcare facilities. Among all the medication errors, medicine omission or overdose occurs most frequently. The reduction of all medication errors would significantly improve patient safety and facilitate quality use of medicines.
Medication management systems enable the accomplishment of prescribing, supply and administration of medicines electronically. These systems regulate functions of the entire hospital medication procedures, including medicine prescribing by doctors, dispensing of medication by pharmacists, and administration of medicines by nurses. In addition, these systems reduce medication errors through improved prescription legibility and appropriate dosage calculations.
Some of the key companies operating in the global medication management market include Cerner Corporation, General Electric Company, McKesson Corporation, QUALCOMM Incorporated, Allscripts Healthcare Solutions Inc., Becton Dickinson and Company, Siemens AG, and Epic Systems Corporation.
Key Topics Covered:
1. Research Scope & Methodology
2. Executive Summary
3. Market Outlook
4. Global Medication Management Market And Forecast (2011-2020)
5. Global Medication Management Market, By Software
6. Global Medication Management Market, By Services
7. Global Medication Management Market, By End User
8. Global Medication Management Market, By Mode Of Delivery
9. Global Medication Management Market, By Geography
10. Competitive Analysis
11. Porter'S Five Forces Of Competitive Position Analysis
12. Company Profiles And Strategic Developments
For more information about this report visit http://www.researchandmarkets.com/research/9pvb39/global_medication