Europe Medication Management System Market Size & Outlook
Europe medication management system market, 2018-2030 (US$M)
Related Markets
Europe medication management system market highlights
- The Europe medication management system market generated a revenue of USD 0.4 million in 2023.
- The market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, clinical decision support system solutions was the largest revenue generating software in 2023.
- Computerized Physician Order Entry is the most lucrative software segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 0.4 million |
| Market revenue in 2030 | USD 0.8 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Clinical decision support system solutions |
| Fastest growing segment | Computerized Physician Order Entry |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computerized Physician Order Entry, Clinical Decision Support System Solutions, Other Software |
| Key market players worldwide | Becton Dickinson & Co, GE HealthCare Technologies Inc Common Stock, McKesson Corp, Oracle Corp, Omnicell Inc, Hyland, Talyst, QuadraMed |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.0% of the global medication management system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 0.6 million by 2030.
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Medication Management System Market Scope
Medication Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe medication management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medication management system market will help companies and investors design strategic landscapes.
Clinical decision support system solutions was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Europe medication management system market based on computerized physician order entry, clinical decision support system solutions, other software covering the revenue growth of each sub-segment from 2018 to 2030.
European medication management market is expected to witness lucrative growth opportunities due to the presence of a large number of local IT solution providers, rising incidence of diseases, increasing adoption of IT solutions to provide better patient care.
Additionally, rise in number of Adverse Drug Events (ADE), increase in number of medication errors, and increasing initiatives to boost the adoption of healthcare IT and decrease medication errors is further expected to propel market growth.
Furthermore, many hospitals and pharmacies in European countries are investing in improving their infrastructure to effectively manage their workflow, which in turn is expected to boost the European market during the forecast period.
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Target buyers of Europe medication management system market databook
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Our clientele includes a mix of medication management system market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medication management system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medication management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medication management system market size, by country, 2018-2030 (US$M)
Europe Medication Management System Market Outlook Share, 2023 & 2030 (US$M)
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