Middle East & Africa Medication Management System Market Size & Outlook
Middle East & Africa medication management system market, 2018-2030 (US$M)
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MEA medication management system market highlights
- The MEA medication management system market generated a revenue of USD 0.1 million in 2023.
- The market is expected to grow at a CAGR of 9.4% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 0.2 million |
| Growth rate | 9.4% (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, MEA region accounted for 4.5% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Medication Management System Market Scope
Medication Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 0% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Major economies in MEA region include South Africa, Nigeria, Israel, Egypt, Turkey, and Saudi Arabia. South Africa is an advanced country with increasing adoption of medication management solutions.
In recent years, many hospitals and pharmacies in the UAE are using medication management software to improve their inventory management and workflow. For instance, in March 2017, Saudi German Hospital-Dubai, automated its medication management workflow by integrating Omnicell solutions.
In addition, improving hospital infrastructure and guidelines issued by healthcare authorities to provide integrated health systems in the Middle Eastern countries are likely to propel the market growth during the forecast period.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medication management system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medication management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medication management system market size, by country, 2018-2030 (US$M)
Middle East & Africa Medication Management System Market Outlook Share, 2023 & 2030 (US$M)
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