[August 21, 2014]

Research and Markets: Global Medication Management Market Forecasts & Opportunities, 2019 - Systems, Services & Mode of Delivery Analysis

Research and Markets (http://www.researchandmarkets.com/research/k4c52b/medication) has announced the addition of the "Medication Management Market by Systems, Services, Mode of Delivery - Global Forecast to 2019" report to their offering.

The global medication management market is estimated to grow at a CAGR of 14% from an estimated $845.1 million in 2014 during the forecast period of 2014-2019

Major factors, such as the growth in the ageing population, need for reducing healthcare costs, and better healthcare management are expected to drive market growth. Several government initiatives, such as allocation of healthcare Information Technology (IT) funds for one, have raised the adoption rate of medication management systems globally. However, high software implementation and service maintenance costs hinder the growth of this market to a certain extent.

The North American market is estimated to contribute the largest share 63.4% to the global medication management systems market in 2014. This would be followed by Europe, Asia-Pacific, and the Rest of the World, in that order.The U.S. dominated the North American market in 2014, propelling the growth of this region.

In Europe, the market was majorly dominated by Germany and the U.K. in 2014. An increase in government funding and budget allocations to the healthcare sector, and the rising adoption of healthcare IT are anticipated to help the growth of medication management technologies, with Germany being the front runner in Europe.

The Asia-Pacific (APAC) and Middle Eastern regions, on the other hand, are estimated to show the maximum growth in the next five years. Increasing government funding towards modernization of healthcare infrastructure along with the growth in aging population and the increasing need of proper medication administration are expected to drive the growth of this market in the APAC region.

Scope of the Report

By Software

• Computerized Physician Order Entry
• Clinical Decision Support System
• Administration Software
• Electronic Medication Administration Record (EMAR)
• Barcode Medication Administration (BMA)
• Inventory Management
• Automated Dispensing Systems (ADS)
• Centralized
• Robots
• Carousels
• Decentralized Automated Dispensing Systems
• Pharmacy-based ADS
• Ward-based ADS
• Automated Unit-Dose Dispensing
• Assurance System Software

By Services

• Medication Analytics
• Point-of-Care Verification
• ADE (News - Alert) Surveillance

By End-users

• Hospitals
• Pharmacy
• Others

By Mode of Delivery

• On-premises
• Web-based
• Cloud-based

Companies Mentioned

• Allscripts Healthcare Solutions, Inc.
• Carefusion Corporation
• Cerner (News - Alert) Corporation
• GE Healthcare (A Division Of General Electric Company)
• Mckesson Corporation
• Meditech
• Omnicell (News - Alert), Inc.
• Optum Inc.
• Quadramed Corporation
• Siemens Healthcare (Subsidiary Of Siemens Ag)

For more information visit http://www.researchandmarkets.com/research/k4c52b/medication

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