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Medication Management Systems Market Share

Report ID: GMI10832
Published Date: Aug 2024
Report Format: PDF

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Medication Management Systems Market Share

The market is highly competitive, with key players including large healthcare technology companies and specialized vendors offering a range of solutions from electronic medication administration records to clinical decision support systems. Major market participants focus on technological innovation, integration with electronic health records (EHRs), and regulatory compliance to gain a competitive edge. The market is characterized by strategic partnerships, acquisitions, and collaborations aimed at expanding product offerings and enhancing system capabilities. Additionally, regional players leverage local market knowledge to cater to specific regulatory and healthcare needs.

Medication Management Systems Market Companies

Prominent players operating in the medication management systems industry include:

Becton, Dickinson and Company
Bluesight
Capsa Healthcare
eAgile Inc.
Epic Systems Corporation
GE HealthCare Technologies Inc.
GUARDIAN RFID
Impinj, Inc.
MCKESSON CORPORATION
Omnicell, Inc.
Oracle Corporation
RMS Omega
Swisslog Healthcare
Veradigm LLC
Yankee Alliance LLC.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global medication management systems industry was valued at USD 4 billion in 2023 and will record a CAGR of 9.8% from 2024 to 2032, driven by advancements in medical technology, a rise in chronic diseases, and increased adoption of e-prescribing and electronic health records (EHRs).

The CDSS solutions segment of medication management systems industry accounted for USD 1.1 billion in 2023, owing to real-time, evidence-based guidance to prevent medication errors and improve healthcare safety.

North America medication management systems market was valued at USD 1.7 billion in 2023 and will exhibit a CAGR of 9.5% from 2024 to 2032, bolstered by advanced healthcare infrastructure and early adoption of innovative solutions by hospitals and healthcare providers.

Becton, Dickinson and Company, Bluesight, Capsa Healthcare, eAgile Inc., Epic Systems Corporation, GE HealthCare Technologies Inc., GUARDIAN RFID, Impinj, Inc., MCKESSON CORPORATION, Omnicell, Inc., Oracle Corporation, RMS Omega, Swisslog Healthcare, Veradigm LLC, and Yankee Alliance LLC.