06 August 2018
Visiongain has launched a new pharma report Global Medication Management Market to 2027: System & Software, Services, Mode of Delivery, Computerised Physician Order Entry, Clinical Decision Support System, Medication Administration Software, Automated Dispensing System, Medication Analytics, Point of Care Verification, Adverse Drug Event Surveillance
The future of the medication management market looks promising, as more and more healthcare providers adopt medication management solutions to reduce the complications in drug administration. Medication management systems are used in hospitals and pharmacies for the prescribing and administering of medicines. Demand for advanced healthcare information and remote patient monitory will propel the medication management market.
The lead analyst of the report commented - “The global medication management market will see steady growth over the forecast period. Growth in the market is primarily driven by the increasing adoption of medication management solutions by hospitals and pharmacies to reduce medication errors, increase in number of prescriptions and increased health care expenditure. However, high costs associated with implementing software and timely gradation and maintenance of these systems may deplete the market to a certain extent.
Asia Pacific is expected to experience the fastest growth owing to large population pool, increased prevalence of infectious diseases, and continued commitment by the government and healthcare providers for better healthcare services.’’
Leading companies featured in the report include Cerner Corporation, GE Healthcare, Epic Systems Corporation, Allscripts Healthcare Solutions, McKesson Corporation, Siemens AG, Braun Melsungen AG, Oracle Corporation, Qualcomm Incorporated, Becton, Dickinson and Company.
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