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Global Medication Management System Market 2019 Observational Study with Top companies Profile like Allscripts, Healthcare Solutions., ARxIUM, BD, Cerner Corporation

03-14-2019 01:15 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Medication Management System Market– Industry Trends & Forecast to 2026

Global Medication Management System Market– Industry Trends & Forecast to 2026

The report analyzes and forecasts the Medication Management System market on a global and regional level. The study offers historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of mobile cloud market dynamics gives a brief insight into the drivers and restraints of the mobile cloud market along with the impact they have on the demand over the forecast timeframe. Additionally, the report also includes the study of opportunities available in the mobile cloud market on a global level.

The report gives a transparent view of the Medication Management System market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Medication Management System Market, By Software Type, Mode of Delivery (On-premise, Web-based and Cloud-based), End User (Hospitals, Pharmacies and Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)–Industry Trends & Forecast to 2026

The Global Medication Management System Market is expected to rise from its initial estimated value of USD 1.73 billion in 2018 and is expected to grow to USD 7.43 billion in 2026 registering a CAGR of 20.0% in the forecast period of 2019-2026. This rise in the market can be attributed to advancement in the technology that is enabling the healthcare services to grow in terms of the quality and standard.

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Market Definition: Global Medication Management System Market

Comprehensive medication management services are sustained medication therapy management system where pharmacists are to conduct comprehensive medication reviews. They do so by looking for any contraindications, unnecessary medications and other ways to improve care from a pharmaceutical care point of view.

Market Drivers:

• Increase in investments by the hospitals to improve the quality of treatment services

• Rising demand of the IT solutions in the healthcare sector

Market Restraints:

• Higher cost associated with medication management systems

• Lack of awareness about medication management systems in the developing countries

Key Developments in the Market:

• In November 2018, BD introduced integrated medication management platform which is specifically designed to address various hospital related challenges. BD introduced this at the American Society of Health-System Pharmacists (ASHP) 2017 in the midyear meeting.

• In January 2018, GE and Roche entered into the partnership in order to develop integrated digital diagnostics platform which will improve oncology and critical care treatment.

Competitive Analysis: Global Medication Management System Market

The global medication management system market is highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medication management system market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Medication Management System Market

Few of the major market competitors currently working in the global medication management system market are Allscripts,
Healthcare Solutions., ARxIUM, BD, Cerner Corporation, GE Healthcare, McKesson Corporation, Medication Management Systems Inc., Omnicell Inc, Talyst, LLC, QuadraMed Affinity Corporation.

Segmentation: Global Medication Management System Market

• By Software Type
o Computerized Physician Order Entry
o Clinical Decision Support System Solutions
o Electronic Medication Administration Record
o Inventory Management Solutions
• By Mode of Delivery
o On premise
o Web-based
o Cloud-based
o By End-User
o Hospitals
o Pharmacies
o Others

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Reasons to Purchase this Report:

• Current and future of global medication management system market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

• Regions/Countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

• All segmentation provided above in this report is represented at country level

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

To Avail 10% Discount On This Report Mail Us on :- sopan.gedam@databridgemarketresearch.com

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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