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Medication Management Market Size to Reach Revenues of USD 4,517.87 Million by 2026 - AriztonCHICAGO, Aug. 10, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global medication management market report. The medication management market is expected to grow at a CAGR of over 15.15% during the period 2020-2026. Key Highlights Offered in the Report:
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Get your sample today! https://www.arizton.com/market-reports/medication-management-market-size Medication Management Market – Segmentation
Medication Management Market by Delivery Mode
Medication Management Market by End-User
Medication Management Market – Dynamics The effectiveness of information technology (IT) in resolving medication problems has been prevalent. IT has powerful capabilities for managing large amounts of data, implementing decision support mechanisms, such as checking medication details and monitoring drug-drug interactions. It also has the ability to access patient health records. With the rise in the role of IT, patients are becoming increasingly engaged in health care, and this development is supported by the growth of IT in society. One set of important IT tools used within the healthcare domain is Electronic Decision Support Systems (EDSS) tools that support the management of medical evidence and its presentation to healthcare practitioners at the point of care to enable evidence-based decisions. Some IT tools target medication ordering tasks such as Computerized Physician Order Entry (CPOE) or electronic prescribing (e-prescribing). Other systems support pharmacists' clinical roles of reviewing medication orders and dispensing medicines. Key Drivers and Trends fueling Market Growth:
Medication Management Market – Geography North America emerged as the leading region in the medication management market, contributed by factors such as increasing elderly population, prevalence of chronic illnesses, increasing medication errors, adoption of healthcare IT solutions, rise in prescriptions and hospitalization rates, increase in government funding and healthcare expenditure, as well as growing awareness of technological developments. Advancements and increased use of digital health technologies with the growing number of emerging and leading players entering the medication management field are contributing to the growth of the market in this region. North America accounted for a share of 52.57% in the medication management market in 2020. Increasing concerns of medication errors and monitoring the misuse and overuse of drugs leading to serious adverse drug events has increased the implementation of medication management in North America. Get your sample today! https://www.arizton.com/market-reports/medication-management-market-size Medication Management Market by Geography
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |