Germany Medication Management System Market Size & Outlook
Germany medication management system market, 2018-2030 (US$M)
Related Markets
Germany medication management system market highlights
- The Germany medication management system market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 0.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, computerized physician order entry was the largest revenue generating software in 2023.
- Clinical Decision Support System Solutions is the most lucrative software segment registering the fastest growth during the forecast period.
Medication management system market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 0.1 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Computerized physician order entry |
| Fastest growing segment | Clinical Decision Support System Solutions |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.0% of the global medication management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medication management system market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 0.2 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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Germany 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.
Computerized physician order entry was the largest segment with a revenue share of 0% in 2023. Horizon Databook has segmented the Germany 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.
Germany is the largest European country in the medication management market. Rise in number of ADEs and their related cost are major concerns in Germany. According to a white paper published by Swisslog Healthcare Solutions, ADE related costs in Germany are nearly USD 1.17 billion (EUR 1 billion) per year.
This has increased the adoption of medication management solutions in the country. These solutions are expected to decrease ADEs and medication errors. In addition, there has been an increase in the number of initiatives undertaken by the government to promote the implementation of medication management.
For instance, German National Medication Plan is an initiative aimed at improving the medication management software in hospitals and pharmacies in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany medication management system market , including forecasts for subscribers. This country databook contains high-level insights into Germany medication management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany medication management system market size, by software, 2018-2030 (US$M)
Germany Medication Management System Market Outlook Share, 2023 & 2030 (US$M)
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