Medication Management Market expected worth $1,624.9 Million by 2019

1. MarketsandMarkets Presents Medication Management Market– North American to Offer Significant Growth Opportunities http://www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

2. The report “Medication Management Market by Systems (CPOE, CDSS, Automated Dispensing, Assurance Systems), Services (Medication Analytics, POC Verification, ADE Surveillance), Mode of Delivery (On-Premises, Web-Based, Cloud-Based) - Global Forecast to 2019” analyzes and studies major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Browse: 109 market data tables 40 figures 300pages and in-depth TOC on "Medication Management Market” Download The PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=107137346 The global medication management market is estimated to grow at a CAGR of 14% from an estimated $845.1 million in 2014 during the forecast period of 2014–2019. www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

3. Major factors, such as the growth in the ageing population, need for reducing healthcare costs, and better healthcare management are expected to drive market growth. Several government initiatives, such as allocation of healthcare Information Technology (IT) funds for one, have raised the adoption rate of medication management systems globally. Speak to Analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=107137346 The North American market is estimated to contribute the largest share 63.4% to the global medication management systems market in 2014. This would be followed by Europe, Asia-Pacific, and the Rest of the World, in that order. The U.S. dominated the North American market in 2014, propelling the growth of this region. In Europe, the medication management market was majorly dominated by Germany and the U.K. in 2014.  . http://www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

4. An increase in government funding and budget allocations to the healthcare sector, and the rising adoption of healthcare IT are anticipated to help the growth of medication management technologies, with Germany being the front runner in Europe. The Asia-Pacific (APAC) and Middle Eastern regions, on the other hand, are estimated to show the maximum growth in the next five years. Increasing government funding towards modernization of healthcare infrastructure along with the growth in aging population and the increasing need of proper medication administration are expected to drive the growth of this market in the APAC region. Medication management technology helps in optimizing individual drug therapy with the intent of improving therapeutic outcomes for patients. www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

5. This technology can reduce both the occurrence of medication errors and the overall healthcare cost, and is expected to have major implications for both healthcare providers and patients. Increasing government funds and increasing ageing population will help the growth of this market globally. Some of the leading players in medication management market include CareFusion Corporation (U.S.), McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Cerner Corporation (U.S.), and Siemens Healthcare (Germany). Together, these players accounted for more than 60% of the market share in 2013. However, the overall market is fragmented in nature, where smaller regional players account for nearly 30% of the global market share. www.marketsandmarkets.com/Market-Reports/medication-management-market-107137346.html

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