Outlook on the Medication Management Global Market to 2026 - Featuring Omnicell, BD and Cerner Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Medication Management Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global medication management market by revenue is expected to grow at a CAGR of over 15.15% during the period 2020-2026.

With the high adoption of IT in the healthcare industry globally, there will be an increase in the adoption of medication management systems. 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.

Companies Mentioned

• Omnicell
• Epic Systems Corporation
• BD
• Cerner Corporation
• McKesson Corporation
• UnitedHealth Group
• ArbiMed
• 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

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

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.

The global medication management market research report includes a detailed segmentation by software type, delivery mode, end-User, geography. 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. 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.

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.

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.

Key Questions Answered:

1. At what CAGR is the Medication Management market projected to grow in the forecast period (2021-2026)?

2. What is the impact of the COVID-19 in the Medical Management Market?

3. Which region holds the largest share in the Market?

4. What are the new developments in the Medication Management Systems market?

5. Who are the top key players in the Medication Management Market?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of The Study

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

11.3 Medication Management During COVID-19

11.4 Five Forces Analysis

12 Software Type

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Computerized Physician Order Entry

12.4 Clinical Decision Support System

12.5 Automated Dispensing Systems

12.6 Drugs Inventory Management System

12.7 Others

13 Delivery Mode

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Web & Cloud-Based

13.4 On-Premises

14 End-User

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Hospitals

14.4 Pharmacies

14.5 Others

15 Geography

15.1 Market Snapshot & Growth Engine

15.2 Geographic Overview

16 North America

17 Europe

18 APAC

19 Latin America

20 Middle East and Africa

21 Competitive Landscape

21.1 Competition Overview

21.2 Market Share Analysis

22 Key Company Profiles

23 Other Prominent Vendors

24 Report Summary

25 Quantitative Summary

26 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/hlc4fs