Global Drug Management Market (2021-2026)

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DUBLIN, August 24, 2021 / PRNewswire / – The “Drug Management Market – Global Outlook and Forecasts 2021-2026” report has been added to ResearchAndMarkets.com offer.

The global Drug Management market revenue is expected to grow at a CAGR of over 15.15% during the period 2020-2026.

With the strong adoption of IT in the healthcare sector globally, there will be an increase in the adoption of medication management systems. The demand for these systems is increasing due to the growing need for remote patient monitoring services in healthcare. The growing role of digital health, the demand for pharmacy automation solutions, and the active participation of vendors will contribute to the growth of the drug management market.

The following factors are likely to contribute to the growth of the Drug Management Systems market during the forecast period:

  • Increase in acquisitions and agreements between suppliers
  • Role of digital health in drug management
  • Reduction of medication errors and healthcare costs
  • Growing demand for huge data editing from the healthcare industry

The study considers the current scenario of the Drug Management market and its market dynamics for the period 2020-2026. It covers a detailed overview of several catalysts, restraints and trends for market growth. The report presents both demand and supply aspects of the market. It profiles and reviews the top companies and other leading companies operating in the market.

The global Drug Management market research report comprises detailed segmentation by software type, delivery method, end user, and geography. The CPOE is an essential and essential part of medication management in the hospital setting. Providers are increasingly adopting CPOE due to Medicare and Medicaid incentive programs for meaningful use of electronic health records. The use of CPOE has increased steadily over time. Many EHR products are now equipped with CPOE modules that allow physicians to electronically enter patient data.

Web and cloud solutions are expected to contribute and improve several aspects of the healthcare industry. Medication orders can be quickly scanned directly into a single web application that supports custom workflows. Many companies are developing web and cloud based medication management systems such as CareMeds, Omnicell, PipelineRx, etc.

Medication management in hospitals is vitally important to the provision of safe care. Hospitals use telemedicine to improve their link to pharmacy services at all times, thereby improving medication systems for patients. Electronic medication management systems support all stakeholders in the process and provide the patient-centered model of care. Such developments are contributing to the increasing adoption of drug systems in hospitals.

Most of the major players are focused on implementing various strategies to explode in the market. Manufacturers compete directly with several companies in the drug management automation solutions market. The drug management industry is extremely competitive. Players are expected to take advantage of lucrative growth opportunities with the increasing demand for systems in the global industry. The main suppliers have a wide geographic reach, a diverse product portfolio and a strong focus on innovation and research activities. The major key players representing the significant market share are Cerner Corporation, BD, Omnicell, McKesson Corporation, Epic Systems and United Health Group.

Main suppliers

  • Omnicell
  • Epic Systems Corporation
  • Comics
  • Cerner Corporation
  • McKesson Company
  • UnitedHealth Group

Other important suppliers

  • ArbiMed
  • ARxIUM
  • Curator
  • DrFirst
  • GE Healthcare
  • Genoa
  • Healthcom
  • Intensive medical care
  • IRx reminder
  • Medical information technology
  • Medicine on time
  • NextGen Health
  • PipelineRx
  • Plexus Technology Group
  • SmartMed
  • Swisslog Health
  • Talyste
  • WellSky

Answers to key questions:
1. At what CAGR is the Drug Management market expected to grow over the forecast period (2021-2026)?
2. What is the impact of COVID-19 on the Medical Management market?
3. Which region has the largest share of the market?
4. What are the new developments in the drug management systems market?
5. Who are the major key players in the drug management market?

Main topics covered:

1 Research methodology

2 Research objectives

3 Research process

4 Scope and coverage
4.1 Market definition
4.2 Reference year
4.3 Scope of the study

5 Report assumptions and caveats
5.1 Key caveats
5.2 Currency conversion
5.3 Market derivation

6 Market overview

7 Presentation
7.1 Overview

8 Market opportunities and trends
8.1 Information technology driving medication management
8.2 Acquisitions and agreements between sellers
8.3 Role of digital health in drug management

9 market growth catalysts
9.1 E-medication and electronic medication management
9.2 Reduction of medication errors and healthcare costs
9.3 Huge Data Montage in Healthcare Industry

10 market growth constraints
10.1 Technical and workflow issues
10.2 Lack of standardization and safety issues
10.3 Errors related to medication management systems

11 Market landscape
11.1 Market overview
11.2 Market Size and Forecast
11.3 Medication Management During COVID-19
11.4 Analysis of the five forces

12 Software type
12.1 Market Overview and Growth Driver
12.2 Market overview
12.3 Computerized entry of physician prescriptions
12.4 Clinical decision support system
12.5 Automated distribution systems
12.6 Drug inventory management system
12.7 Others

13 Delivery method
13.1 Market Overview and Growth Driver
13.2 Market overview
13.3 Web and cloud-based
13.4 On site

14 End user
14.1 Market Overview and Growth Driver
14.2 Market overview
14.3 Hospitals
14.4 Pharmacies
14.5 Others

15 Geography
15.1 Market Overview and Growth Driver
15.2 Geographic overview

16 North America
16.1 Market overview
16.2 Market Size and Forecast
16.3 Key countries

17 Europe
17.1 Market overview
17.2 Market Size and Forecast
17.3 Key countries

18 APAC
18.1 Market overview
18.2 Market Size and Forecast
18.3 Key countries

19 Latin America
19.1 Market overview
19.2 Market Size and Forecast
19.3 Key countries

20 Middle East and Africa
20.1 Market overview
20.2 Market Size and Forecast
20.3 Key countries

21 Competitive landscape
21.1 Competition overview
21.2 Market share analysis

22 key company profiles
22.1 Omnicell
22.2 Epic Systems Corporation
22.3 DA
22.4 Cerner Company
22.5 Mckesson Company
22.6 United Health Group

23 other major suppliers
23.1 referee
23.2 Arxium
23.3 Curator
23.4 Drfirst
23.5 GE Healthcare
23.6 Genoa Health
23.7 Healthcom
23.8 ICU Medical
23.9 IRX reminder
23.10 Medical information technology
23.11 Medicine on time
23.12 Next Generation Health Care
23.13 Pipelinerx
23.14 Plexus Technology Group
23.15 Smartmed
23.16 Swisslog Health
23.17 Talyste
23.18 Wellsky

24 Report summary
24.1 Key points to remember
24.2 Strategic recommendations

25 Quantitative summary
25.1 Market by Software Type
25.2 Market by delivery method
25.3 Market by end user
25.4 Market by geography

26 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/j6oibz

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