
Medication Management System Market by Software (Administration Software, Automated Dispensing Systems, Clinical Decision Support System Solutions), Service (ADE Surveillance, Medication Analytics, Point-of-Care Verification), Mode of Delivery, End-Use -
Description
Medication Management System Market by Software (Administration Software, Automated Dispensing Systems, Clinical Decision Support System Solutions), Service (ADE Surveillance, Medication Analytics, Point-of-Care Verification), Mode of Delivery, End-Use - Global Forecast 2024-2030
The Medication Management System Market size was estimated at USD 3.74 billion in 2023 and expected to reach USD 4.25 billion in 2024, at a CAGR 14.35% to reach USD 9.56 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Medication Management System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medication Management System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Medication Management System Market, highlighting leading vendors and their innovative profiles. These include A-S Medication Solutions, ARxIUM, Becton, Dickinson and Company, BIQHS, Cardinal Health, Cerner Corporation by Oracle Corporation, GE Healthcare, Genoa Healthcare Inc. by UnitedHealth, McKesson Corporation, Medical Information Technology, Inc., Nexus AG, Omnicell, Inc., Optum, Inc., Siemens Healthcare Private Limited, and Swisslog Healthcare.
Market Segmentation & Coverage
This research report categorizes the Medication Management System Market to forecast the revenues and analyze trends in each of the following sub-markets:
Software
Administration Software
Barcode Medication Administration
Electronic Medication Administration Record
Automated Dispensing Systems
Assurance System Software
Centralized
Carousels
Robots
Decentralized
Automated Unit-Dose Dispensing
Pharmacy-Based ADS
Ward-Based ADS
Clinical Decision Support System Solutions
Computerized Physician Order
Inventory Management Software
Service
ADE Surveillance
Medication Analytics
Point-of-Care Verification
Mode of Delivery
Cloud-Based
On-Premises
Web-Based
End-Use
Hospitals
Pharmacy
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Medication Management System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medication Management System Market?
3. What are the technology trends and regulatory frameworks in the Medication Management System Market?
4. What is the market share of the leading vendors in the Medication Management System Market?
5. Which modes and strategic moves are suitable for entering the Medication Management System Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Medication Management System Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing demand for MMS from hospitals and pharmacies
- 5.1.1.2. Rapid adoption of IT systems in healthcare infrastructure
- 5.1.1.3. Increasing concern for medication errors across the globe
- 5.1.2. Restraints
- 5.1.2.1. Significant cost for deployment and maintenance of MMS
- 5.1.3. Opportunities
- 5.1.3.1. Potential investments and fundings from leading market players
- 5.1.3.2. Introduction of innovative technology integrated products
- 5.1.4. Challenges
- 5.1.4.1. Issues pertaining to patient privacy of medication management system
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Medication Management System Market, by Software
- 6.1. Introduction
- 6.2. Administration Software
- 6.3.1. Barcode Medication Administration
- 6.3.2. Electronic Medication Administration Record
- 6.3. Automated Dispensing Systems
- 6.4.1. Assurance System Software
- 6.4.2. Centralized
- 6.4.3.1. Carousels
- 6.4.3.2. Robots
- 6.4.3. Decentralized
- 6.4.4.1. Automated Unit-Dose Dispensing
- 6.4.4.2. Pharmacy-Based ADS
- 6.4.4.3. Ward-Based ADS
- 6.4. Clinical Decision Support System Solutions
- 6.5. Computerized Physician Order
- 6.6. Inventory Management Software
- 7. Medication Management System Market, by Service
- 7.1. Introduction
- 7.2. ADE Surveillance
- 7.3. Medication Analytics
- 7.4. Point-of-Care Verification
- 8. Medication Management System Market, by Mode of Delivery
- 8.1. Introduction
- 8.2. Cloud-Based
- 8.3. On-Premises
- 8.4. Web-Based
- 9. Medication Management System Market, by End-Use
- 9.1. Introduction
- 9.2. Hospitals
- 9.3. Pharmacy
- 10. Americas Medication Management System Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Medication Management System Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Medication Management System Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. A-S Medication Solutions
- 14.1.2. ARxIUM
- 14.1.3. Becton, Dickinson and Company
- 14.1.4. BIQHS
- 14.1.5. Cardinal Health
- 14.1.6. Cerner Corporation by Oracle Corporation
- 14.1.7. GE Healthcare
- 14.1.8. Genoa Healthcare Inc. by UnitedHealth
- 14.1.9. McKesson Corporation
- 14.1.10. Medical Information Technology, Inc.
- 14.1.11. Nexus AG
- 14.1.12. Omnicell, Inc.
- 14.1.13. Optum, Inc.
- 14.1.14. Siemens Healthcare Private Limited
- 14.1.15. Swisslog Healthcare
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. MEDICATION MANAGEMENT SYSTEM MARKET RESEARCH PROCESS
- FIGURE 2. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, 2023 VS 2030
- FIGURE 3. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. MEDICATION MANAGEMENT SYSTEM MARKET DYNAMICS
- FIGURE 7. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY SOFTWARE, 2023 VS 2030 (%)
- FIGURE 8. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY SOFTWARE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
- FIGURE 10. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY MODE OF DELIVERY, 2023 VS 2030 (%)
- FIGURE 12. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY MODE OF DELIVERY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 14. MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA MEDICATION MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. MEDICATION MANAGEMENT SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. MEDICATION MANAGEMENT SYSTEM MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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