Navigation Links
Medication Management Market Worth $1,624.9 Million by 2019 - New Report by MarketsandMarkets
Date:8/14/2014

(PRWEB) August 14, 2014

The report “Medication Management Market by Systems (CPOE, CDSS, Automated Dispensing, Assurance Systems), Services (Medication Analytics, POC Verification, ADE Surveillance), Mode of Delivery (On-Premises, Web-Based, Cloud-Based) - Global Forecast to 2019” analyzes and studies major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Browse 109 market tables and 40 figures spread through 300 pages on "Medication Management Market by Systems (CPOE, CDSS, Automated Dispensing, Assurance Systems), Services (Medication Analytics, POC Verification, ADE Surveillance), Mode of Delivery (On-Premises, Web-Based, Cloud-Based) - Global Forecast to 2019"
http://www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

Early buyers will receive 10% customization on this report.

The global medication management market is valued at an estimated $845.1 million in 2014 and is expected to grow at a CAGR of 14% from 2014 to 2019, to reach $1,624.9 million by 2019.

For More Inquiries: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=107137346

Medication management systems ensure tracking and validation of the medication administered to patients at all points of care. These systems help healthcare organizations to minimize medical errors occurring in the healthcare environment. Owing to these benefits, the global medication management market has received a major boost over the past few years.

With a significant increase in the elderly population and growth in treatment of long-term care diseases, an increasing number of patients across the world are using daily medication prescriptions. This has increased the risks of medication errors in the healthcare environment. Medication errors are responsible for a large number of hospital readmissions which adds to overall cost of healthcare services, which increases the burden on healthcare systems. Currently, an increasing number of healthcare organizations and governments across the globe are considering medication management solutions as tools for minimizing their overall healthcare costs. This can be achieved by minimizing the hospital stay for patients, while delivering better quality of care at the same time.

Downlaod PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=107137346

The global medication management market is estimated to grow at a healthy double-digit growth rate in the coming years. This growth is largely driven by the growing adoption of medication management solutions by healthcare organizations in both developed and developing countries across the world. In addition, investments by emerging countries such as China and South Korea in the medication management sector, the rising need for better healthcare, and an increase in government initiatives globally will help propel the growth of this market. However, medication management systems are perceived to be capital intensive solutions, which demand significant investments from a healthcare organization for their successful implementation and utilization. Thus, high cost of software implementation and the expenses associated with its timely up gradation and maintenance may hinder the growth of the medication management market to a certain extent.

In this report, the global medication management market is segmented by systems/software, services, modes of delivery, end users, and geography. This report also covers main market drivers, restraints, opportunities, and threats in the medication management market. The global medication management systems market, estimated to be valued at $845.1 million in 2014, is poised to grow at a CAGR between 13% and 15% during the forecast period of 2014 to 2019.

North America is estimated to be the largest market, accounting for a share of more than 60% of the global medication management market in 2014, followed by Europe, Asia-Pacific (APAC), and the Rest of the World (RoW), respectively. Growth in the ageing population, increasing government funding, and healthcare reforms are the factors that have supported the growth of the North American medication management market.

The medication management market is a fragmented market with companies like CareFusion Corporation (U.S.), McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Cerner Corporation (U.S.), and Siemens Healthcare (Germany) commanding a majority share of the market in 2013.

Browse Related Reports:
Practice Management System Market by Products (Integrated, Standalone), Components (Services, Software), Delivery Mode (On-Premises/Desktop-Only, Web-Based, Cloud-Based) & by End-Users (Physician, Pharmacist, Diagnostic Labs) - Global Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/medical-practice-management-software-market-886.html

Population Health Management Market by Component (Software & Services), Delivery Mode (On-premise, Web, & Cloud), End-User (Provider, Payer, Employer Groups & Government Bodies) - Trends & Global Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/population-health-management-market-263411936.html

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog: http://mnmblog.org/market-research/healthcare/healthcareit
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

Read the full story at http://www.prweb.com/releases/medication-management/market/prweb12082052.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Forgoing Medication, for Babys Sake
2. Parents poor math skills may lead to medication errors
3. Reducing off-label use of antipsychotic medications may save money
4. Common acne medication doubles risk of eye infection
5. Misuse of over-the-counter pain medication is potential health threat
6. Genes predict if medication can help you quit smoking
7. Acne Medication May Raise Risk of Eye Infections
8. New delivery method improves efficacy of 2 common Parkinsons disease medications
9. Mount Sinai researcher finds timing of ADHD medication affect academic progress
10. Actos Bladder Cancer Lawsuit Filed in Louisiana Alleging Woman Used Diabetes Medication and Contracted Bladder Cancer, Consumer Justice Foundation Reports
11. Physicians dont adequately monitor patients medication adherence
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... ... , ... For breast cancer clinicians and researchers who were unable to attend ... intimate review and analysis of its highlights, a novel half-day, complimentary meeting—the 14th Annual ... on February 4, 2017 in Chicago. Chaired by Kathy S. Albain, MD, FACP, FASCO ...
(Date:1/17/2017)... ... January 17, 2017 , ... SunView Software’s Service Smart Technology has been selected ... , Each year, Pink Elephant recognizes a new product or service developed ... specific business problem or opportunity. The award highlights original innovations that were released in ...
(Date:1/17/2017)... ... January 17, 2017 , ... Metro ... approach to infusing high speed technology into the fabric of an entire community. ... advancement of healthcare and wellness in a yet-to-be-named, health focused campus. Leading this ...
(Date:1/17/2017)... ... 2017 , ... Medic-CE , a Career Step company ... released four new continuing education courses as part of its Code3 CME Virtual ... classroom and meet the requirements of the National Continued Competency Program (NCCP), the ...
(Date:1/17/2017)... ... , ... A prescription medication bottle, pocket knife, luggage and a solar-powered aluminum ... Design Challenge , the Cradle to Cradle Products Innovation Institute has announced. ... to run through early 2018. The challenges are presented by the Institute in partnership ...
Breaking Medicine News(10 mins):
(Date:1/18/2017)... Indonesia , Jan. 17, 2017  With an annual growth ranging from 6% ... success. CPhI SEA (Jakarta International Expo, March 22-24, 2017) serves the industry ... What,s new at CPhI SEA 2017? Investment Forum ... Distributors, network Richer conference content Enhanced business matchmaking ... ...
(Date:1/18/2017)... , Jan. 18, 2017 Invetech, ... for cell and advanced therapies , has announced ... biopharmaceutical company developing "tumor starvation" treatments for acute ... needs. Under the agreement, Invetech will develop systems ... on Erytech,s proprietary ERYCAPS technology platform, which uses ...
(Date:1/18/2017)... MIAMI , January 18, 2017 ... announced the company plans to publish an online ... the Company,s preliminary sales forecast for 2017. Management ... Company,s trialing ninety-day record sales performance from its ... recently announced entry into the Cannabis sector ...
Breaking Medicine Technology: