The Latin America, Middle East and Africa Medication Management System Market would witness market growth of 23.1% CAGR during the forecast period (2020-2026). A surge in government funding as well as budget allocations to the healthcare sector, and the increasing adoption of healthcare IT are likely to help the growth of medication management technologies.
The government funding towards the advancement of healthcare infrastructure is increasing along with the growth in the aging population and the growing need for better medication administration, thereby driving the growth of this market. The emphasis on value-based medicine is also increasing which is escalated by the assistance from government organizations & these factors act as drivers for the growth of the medication management market.
Clinical Decision Support Systems (CDSS) is a healthcare IT system which is developed particularly to help clinical decision support for healthcare professionals. CDS includes several tools that are helpful in improving decision-making in the clinical workflow. Moreover, the increasing need for limiting the human errors, growing demand for minimizing healthcare expenditure, requirement for enhancement in quality of care, increasing chronic disease population, and increasing rate of adoption in developing economies are the major driving factors.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Clinical Decision Support System Solutions Market by Country in 2019, thereby, achieving a market value of $33.6 Million by 2026. The Argentina market would witness a CAGR of 23.5% during (2020 - 2026). Additionally, The UAE market is estimated to grow at a CAGR of 22.1% during (2020 - 2026).
The Cloud-based market dominated the South Africa Medication Management System Market by Mode of Delivery in 2019, growing at a CAGR of 22.8 % during the forecast period. The Web-based market is expected to witness a CAGR of 22.9% during (2020 - 2026).
Free Valuable Insights: Medication Management System Market in LAMEA is expected to register a CAGR of 23.1% 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Medication Management System Market, by Software
1.4.2 LAMEA Medication Management System Market, by Mode of Delivery
1.4.3 LAMEA Medication Management System Market, by End User
1.4.4 LAMEA 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. LAMEA Medication Management System Market by Software
4.1 LAMEA Clinical Decision Support System Solutions Market by Country
4.2 LAMEA Computerized Physician Order Entry (CPOE) Market by Country
4.3 LAMEA Inventory Management Solutions Market by Country
4.4 LAMEA Electronic Medication Administration Record Market by Country
4.5 LAMEA Other Software Market by Country
Chapter 5. LAMEA Medication Management System Market by Mode of Delivery
5.1 LAMEA Cloud-based Market by Country
5.2 LAMEA Web-based Market by Country
5.3 LAMEA On-premise Market by Country
Chapter 6. LAMEA Medication Management System Market End-user
6.1 LAMEA Hospitals Market by Country
6.2 LAMEA Pharmacies Market by Country
6.3 LAMEA Other end-users Market by Country
Chapter 7. LAMEA Medication Management System Market by Country
7.1 Brazil Medication Management System Market
7.1.1 Brazil Medication Management System Market by Software
7.1.2 Brazil Medication Management System Market by Mode of Delivery
7.1.3 Brazil Medication Management System Market End-user
7.2 Argentina Medication Management System Market
7.2.1 Argentina Medication Management System Market by Software
7.2.2 Argentina Medication Management System Market by Mode of Delivery
7.2.3 Argentina Medication Management System Market End-user
7.3 UAE Medication Management System Market
7.3.1 UAE Medication Management System Market by Software
7.3.2 UAE Medication Management System Market by Mode of Delivery
7.3.3 UAE Medication Management System Market End-user
7.4 Saudi Arabia Medication Management System Market
7.4.1 Saudi Arabia Medication Management System Market by Software
7.4.2 Saudi Arabia Medication Management System Market by Mode of Delivery
7.4.3 Saudi Arabia Medication Management System Market End-user
7.5 South Africa Medication Management System Market
7.5.1 South Africa Medication Management System Market by Software
7.5.2 South Africa Medication Management System Market by Mode of Delivery
7.5.3 South Africa Medication Management System Market End-user
7.6 Nigeria Medication Management System Market
7.6.1 Nigeria Medication Management System Market by Software
7.6.2 Nigeria Medication Management System Market by Mode of Delivery
7.6.3 Nigeria Medication Management System Market End-user
7.7 Rest of LAMEA Medication Management System Market
7.7.1 Rest of LAMEA Medication Management System Market by Software
7.7.2 Rest of LAMEA Medication Management System Market by Mode of Delivery
7.7.3 Rest of LAMEA 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 LAMEA Medication Management System Market, 2016 - 2019, USD Million
TABLE 2 LAMEA 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 LAMEA Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 7 LAMEA Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 8 LAMEA Clinical Decision Support System Solutions Market by Country, 2016 - 2019, USD Million
TABLE 9 LAMEA Clinical Decision Support System Solutions Market by Country, 2020 - 2026, USD Million
TABLE 10 LAMEA Computerized Physician Order Entry (CPOE) Market by Country, 2016 - 2019, USD Million
TABLE 11 LAMEA Computerized Physician Order Entry (CPOE) Market by Country, 2020 - 2026, USD Million
TABLE 12 LAMEA Inventory Management Solutions Market by Country, 2016 - 2019, USD Million
TABLE 13 LAMEA Inventory Management Solutions Market by Country, 2020 - 2026, USD Million
TABLE 14 LAMEA Electronic Medication Administration Record Market by Country, 2016 - 2019, USD Million
TABLE 15 LAMEA Electronic Medication Administration Record Market by Country, 2020 - 2026, USD Million
TABLE 16 LAMEA Other Software Market by Country, 2016 - 2019, USD Million
TABLE 17 LAMEA Other Software Market by Country, 2020 - 2026, USD Million
TABLE 18 LAMEA Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 19 LAMEA Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 20 LAMEA Cloud-based Market by Country, 2016 - 2019, USD Million
TABLE 21 LAMEA Cloud-based Market by Country, 2020 - 2026, USD Million
TABLE 22 LAMEA Web-based Market by Country, 2016 - 2019, USD Million
TABLE 23 LAMEA Web-based Market by Country, 2020 - 2026, USD Million
TABLE 24 LAMEA On-premise Market by Country, 2016 - 2019, USD Million
TABLE 25 LAMEA On-premise Market by Country, 2020 - 2026, USD Million
TABLE 26 LAMEA Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 27 LAMEA Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 28 LAMEA Hospitals Market by Country, 2016 - 2019, USD Million
TABLE 29 LAMEA Hospitals Market by Country, 2020 - 2026, USD Million
TABLE 30 LAMEA Pharmacies Market by Country, 2016 - 2019, USD Million
TABLE 31 LAMEA Pharmacies Market by Country, 2020 - 2026, USD Million
TABLE 32 LAMEA Other end-users Market by Country, 2016 - 2019, USD Million
TABLE 33 LAMEA Other end-users Market by Country, 2020 - 2026, USD Million
TABLE 34 LAMEA Medication Management System Market by Country, 2016 - 2019, USD Million
TABLE 35 LAMEA Medication Management System Market by Country, 2020 - 2026, USD Million
TABLE 36 Brazil Medication Management System Market, 2016 - 2019, USD Million
TABLE 37 Brazil Medication Management System Market, 2020 - 2026, USD Million
TABLE 38 Brazil Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 39 Brazil Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 40 Brazil Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 41 Brazil Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 42 Brazil Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 43 Brazil Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 44 Argentina Medication Management System Market, 2016 - 2019, USD Million
TABLE 45 Argentina Medication Management System Market, 2020 - 2026, USD Million
TABLE 46 Argentina Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 47 Argentina Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 48 Argentina Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 49 Argentina Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 50 Argentina Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 51 Argentina Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 52 UAE Medication Management System Market, 2016 - 2019, USD Million
TABLE 53 UAE Medication Management System Market, 2020 - 2026, USD Million
TABLE 54 UAE Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 55 UAE Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 56 UAE Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 57 UAE Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 58 UAE Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 59 UAE Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 60 Saudi Arabia Medication Management System Market, 2016 - 2019, USD Million
TABLE 61 Saudi Arabia Medication Management System Market, 2020 - 2026, USD Million
TABLE 62 Saudi Arabia Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 63 Saudi Arabia Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 64 Saudi Arabia Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 65 Saudi Arabia Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 66 Saudi Arabia Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 67 Saudi Arabia Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 68 South Africa Medication Management System Market, 2016 - 2019, USD Million
TABLE 69 South Africa Medication Management System Market, 2020 - 2026, USD Million
TABLE 70 South Africa Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 71 South Africa Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 72 South Africa Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 73 South Africa Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 74 South Africa Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 75 South Africa Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 76 Nigeria Medication Management System Market, 2016 - 2019, USD Million
TABLE 77 Nigeria Medication Management System Market, 2020 - 2026, USD Million
TABLE 78 Nigeria Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 79 Nigeria Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 80 Nigeria Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 81 Nigeria Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 82 Nigeria Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 83 Nigeria Medication Management System Market End-user, 2020 - 2026, USD Million
TABLE 84 Rest of LAMEA Medication Management System Market, 2016 - 2019, USD Million
TABLE 85 Rest of LAMEA Medication Management System Market, 2020 - 2026, USD Million
TABLE 86 Rest of LAMEA Medication Management System Market by Software, 2016 - 2019, USD Million
TABLE 87 Rest of LAMEA Medication Management System Market by Software, 2020 - 2026, USD Million
TABLE 88 Rest of LAMEA Medication Management System Market by Mode of Delivery, 2016 - 2019, USD Million
TABLE 89 Rest of LAMEA Medication Management System Market by Mode of Delivery, 2020 - 2026, USD Million
TABLE 90 Rest of LAMEA Medication Management System Market End-user, 2016 - 2019, USD Million
TABLE 91 Rest of LAMEA 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.