The Asia Pacific Medication Management System Market would witness market growth of 22.4% CAGR during the forecast period (2020-2026).
Medication management helps in enabling the process of administration, prescribing, and supply of medicines which can be monitored & authenticated electronically. Over the past few years, there is considerable growth in the medication management market. This is attributed to the growing incidence of chronic diseases and swift growth in the elderly population The high demand for computerized physician order entry systems has increased over years owing to the increasing demand for remote patient monitoring services.
Number of prescriptions has witnessed a high increment, which is anticipated to support the adoption of medication management solutions in healthcare sector. Increased number of established hospitals which are constantly looking for better automated solutions and putting more investment for purchasing new software. The adoption of medication management reduces the possibilities of medication errors & it is also expected to boost the market growth.
The demand for IT solutions is continuously increasing in the healthcare sector; thereby the adoption of healthcare IT services is also rising. This is the major factor which is boosting the medication management system market.
Based on Software, the market is segmented into Clinical Decision Support System Solutions, Computerized Physician Order Entry (CPOE), Inventory Management Solutions, Electronic Medication Administration Record, and Other Software. Based on Mode of Delivery, the market is segmented into Cloud-based, Web-based and On-premise. Based on End-user, the market is segmented into Hospitals, Pharmacies and Other end-users. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Pharmacies Market by Country in 2019, growing at a CAGR of 19.4 % during the forecast period. The Japan market is exhibiting a CAGR of 23% during (2020 - 2026). Additionally, The India market is anticipated to witness a CAGR of 23% during (2020 - 2026).
The Inventory Management Solutions market dominated the Malaysia Medication Management System Market by Software in 2019, thereby, achieving a market value of $29.3 Million by 2026. The Computerized Physician Order Entry (CPOE) market is estimated to grow at a CAGR of 23.7% during (2020 - 2026).
Free Valuable Insights: Medication Management System Market in Asia Pacific is expected to register a CAGR of 22.4% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions), Siemens AG, Becton, Dickinson and Company, Cerner Corporation, General Electric (GE) Co. (GE Healthcare), McKesson Corporation, UnitedHealth Group, Inc. (Optum, Inc.), Omnicell, Inc., Kuka AG (Talyst, LLC), and ARxIUM, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Software
- Clinical Decision Support System Solutions
- Computerized Physician Order Entry (CPOE)
- Inventory Management Solutions
- Electronic Medication Administration Record
- Other Software
By Mode of Delivery
- Cloud-based
- Web-based
- On-premise
By End-User
- Hospitals
- Pharmacies
- Other end-users
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions)
- Siemens AG
- Becton, Dickinson and Company
- Cerner Corporation
- General Electric (GE) Co. (GE Healthcare)
- McKesson Corporation
- UnitedHealth Group, Inc. (Optum, Inc.)
- Omnicell, Inc.
- Kuka AG (Talyst, LLC)
- ARxIUM, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Medication Management System Market, by Software
1.4.2 Asia Pacific Medication Management System Market, by Mode of Delivery
1.4.3 Asia Pacific Medication Management System Market, by End User
1.4.4 Asia Pacific Medication Management System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Nov – 2021, Jan) Leading Players
Chapter 4. Asia Pacific Medication Management System Market by Software
4.1 Asia Pacific Clinical Decision Support System Solutions Market by Country
4.2 Asia Pacific Computerized Physician Order Entry (CPOE) Market by Country
4.3 Asia Pacific Inventory Management Solutions Market by Country
4.4 Asia Pacific Electronic Medication Administration Record Market by Country
4.5 Asia Pacific Other Software Market by Country
Chapter 5. Asia Pacific Medication Management System Market by Mode of Delivery
5.1 Asia Pacific Cloud-based Market by Country
5.2 Asia Pacific Web-based Market by Country
5.3 Asia Pacific On-premise Market by Country
Chapter 6. Asia Pacific Medication Management System Market End-user
6.1 Asia Pacific Hospitals Market by Country
6.2 Asia Pacific Pharmacies Market by Country
6.3 Asia Pacific Other end-users Market by Country
Chapter 7. Asia Pacific Medication Management System Market by Country
7.1 China Medication Management System Market
7.1.1 China Medication Management System Market by Software
7.1.2 China Medication Management System Market by Mode of Delivery
7.1.3 China Medication Management System Market End-user
7.2 Japan Medication Management System Market
7.2.1 Japan Medication Management System Market by Software
7.2.2 Japan Medication Management System Market by Mode of Delivery
7.2.3 Japan Medication Management System Market End-user
7.3 India Medication Management System Market
7.3.1 India Medication Management System Market by Software
7.3.2 India Medication Management System Market by Mode of Delivery
7.3.3 India Medication Management System Market End-user
7.4 South Korea Medication Management System Market
7.4.1 South Korea Medication Management System Market by Software
7.4.2 South Korea Medication Management System Market by Mode of Delivery
7.4.3 South Korea Medication Management System Market End-user
7.5 Singapore Medication Management System Market
7.5.1 Singapore Medication Management System Market by Software
7.5.2 Singapore Medication Management System Market by Mode of Delivery
7.5.3 Singapore Medication Management System Market End-user
7.6 Malaysia Medication Management System Market
7.6.1 Malaysia Medication Management System Market by Software
7.6.2 Malaysia Medication Management System Market by Mode of Delivery
7.6.3 Malaysia Medication Management System Market End-user
7.7 Rest of Asia Pacific Medication Management System Market
7.7.1 Rest of Asia Pacific Medication Management System Market by Software
7.7.2 Rest of Asia Pacific Medication Management System Market by Mode of Delivery
7.7.3 Rest of Asia Pacific Medication Management System Market End-user
Chapter 8. Company Profiles
8.1 AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions)
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Acquisition and Mergers:
8.1.4.3 Product Launches and Product Expansions:
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.3 Becton, Dickinson and Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.5.2 Product Launches and Product Expansions:
8.4 Cerner Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 General Electric (GE) Co. (GE Healthcare)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 McKesson Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisition and Mergers:
8.6.5.3 Product Launches and Product Expansions:
8.7 UnitedHealth Group, Inc. (Optum, Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Acquisition and Mergers:
8.8 Omnicell, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.9 Kuka AG (Talyst, LLC)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Acquisition and Mergers:
8.10. ARxIUM, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Medication Management System Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Medication Management System Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Medication Management System Market
TABLE 4 Product Launches And Product Expansions– Medication Management System Market
TABLE 5 Acquisition and Mergers– Medication Management System Market
TABLE 6 Asia Pacific Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 7 Asia Pacific Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 8 Asia Pacific Clinical Decision Support System Solutions Market by Country, 2016 - 2019, USD Million
TABLE 9 Asia Pacific Clinical Decision Support System Solutions Market by Country, 2020 - 2026, USD Million
TABLE 10 Asia Pacific Computerized Physician Order Entry (CPOE) Market by Country, 2016 - 2019, USD Million
TABLE 11 Asia Pacific Computerized Physician Order Entry (CPOE) Market by Country, 2020 - 2026, USD Million
TABLE 12 Asia Pacific Inventory Management Solutions Market by Country, 2016 - 2019, USD Million
TABLE 13 Asia Pacific Inventory Management Solutions Market by Country, 2020 - 2026, USD Million
TABLE 14 Asia Pacific Electronic Medication Administration Record Market by Country, 2016 - 2019, USD Million
TABLE 15 Asia Pacific Electronic Medication Administration Record Market by Country, 2020 - 2026, USD Million
TABLE 16 Asia Pacific Other Software Market by Country, 2016 - 2019, USD Million
TABLE 17 Asia Pacific Other Software Market by Country, 2020 - 2026, USD Million
TABLE 18 Asia Pacific Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 19 Asia Pacific Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 20 Asia Pacific Cloud-based Market by Country, 2016 - 2019, USD Million
TABLE 21 Asia Pacific Cloud-based Market by Country, 2020 - 2026, USD Million
TABLE 22 Asia Pacific Web-based Market by Country, 2016 - 2019, USD Million
TABLE 23 Asia Pacific Web-based Market by Country, 2020 - 2026, USD Million
TABLE 24 Asia Pacific On-premise Market by Country, 2016 - 2019, USD Million
TABLE 25 Asia Pacific On-premise Market by Country, 2020 - 2026, USD Million
TABLE 26 Asia Pacific Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 27 Asia Pacific Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 28 Asia Pacific Hospitals Market by Country, 2016 - 2019, USD Million
TABLE 29 Asia Pacific Hospitals Market by Country, 2020 - 2026, USD Million
TABLE 30 Asia Pacific Pharmacies Market by Country, 2016 - 2019, USD Million
TABLE 31 Asia Pacific Pharmacies Market by Country, 2020 - 2026, USD Million
TABLE 32 Asia Pacific Other end-users Market by Country, 2016 - 2019, USD Million
TABLE 33 Asia Pacific Other end-users Market by Country, 2020 - 2026, USD Million
TABLE 34 Asia Pacific Medication Management System Market by Country, 2016 - 2019, USD Million
TABLE 35 Asia Pacific Medication Management System Market by Country, 2020 - 2026, USD Million
TABLE 36 China Medication Management System Market, 2016 - 2019, USD Million
TABLE 37 China Medication Management System Market, 2020 - 2026, USD Million
TABLE 38 China Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 39 China Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 40 China Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 41 China Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 42 China Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 43 China Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 44 Japan Medication Management System Market, 2016 - 2019, USD Million
TABLE 45 Japan Medication Management System Market, 2020 - 2026, USD Million
TABLE 46 Japan Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 47 Japan Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 48 Japan Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 49 Japan Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 50 Japan Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 51 Japan Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 52 India Medication Management System Market, 2016 - 2019, USD Million
TABLE 53 India Medication Management System Market, 2020 - 2026, USD Million
TABLE 54 India Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 55 India Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 56 India Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 57 India Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 58 India Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 59 India Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 60 South Korea Medication Management System Market, 2016 - 2019, USD Million
TABLE 61 South Korea Medication Management System Market, 2020 - 2026, USD Million
TABLE 62 South Korea Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 63 South Korea Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 64 South Korea Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 65 South Korea Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 66 South Korea Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 67 South Korea Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 68 Singapore Medication Management System Market, 2016 - 2019, USD Million
TABLE 69 Singapore Medication Management System Market, 2020 - 2026, USD Million
TABLE 70 Singapore Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 71 Singapore Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 72 Singapore Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 73 Singapore Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 74 Singapore Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 75 Singapore Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 76 Malaysia Medication Management System Market, 2016 - 2019, USD Million
TABLE 77 Malaysia Medication Management System Market, 2020 - 2026, USD Million
TABLE 78 Malaysia Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 79 Malaysia Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 80 Malaysia Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 81 Malaysia Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 82 Malaysia Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 83 Malaysia Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 84 Rest of Asia Pacific Medication Management System Market, 2016 - 2019, USD Million
TABLE 85 Rest of Asia Pacific Medication Management System Market, 2020 - 2026, USD Million
TABLE 86 Rest of Asia Pacific Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 87 Rest of Asia Pacific Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 88 Rest of Asia Pacific Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 89 Rest of Asia Pacific Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 90 Rest of Asia Pacific Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 91 Rest of Asia Pacific Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 92 Key Information – AllScripts Healthcare Solutions, Inc.
TABLE 93 Key Information – Siemens AG
TABLE 94 Key information – Becton, Dickinson and Company
TABLE 95 key information – Cerner Corporation
TABLE 96 Key Information – General Electric (GE) Co.
TABLE 97 Key Information – McKesson Corporation
TABLE 98 Key Information – UnitedHealth Group, Inc.
TABLE 99 Key Information – Omnicell, Inc.
TABLE 100 Key Information –Kuka AG
TABLE 101 key information – ARxIUM, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Nov – 2021, Jan) Leading Players
FIG 5 Recent strategies and developments: AllScripts Healthcare Solutions, Inc.
FIG 6 Recent strategies and developments: Becton, Dickinson and Company
FIG 7 Recent strategies and developments: McKesson Corporation
FIG 8 Recent strategies and developments: UnitedHealth Group, Inc.
FIG 9 Recent strategies and developments: Omnicell, Inc.
FIG 10 Recent strategies and developments: Kuka AG
FIG 11 Recent strategies and developments: ARxIUM, Inc.