UK Medication Management System Market Size & Outlook
UK medication management system market, 2018-2030 (US$M)
Related Markets
UK medication management system market highlights
- The UK medication management system market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 0.2 million by 2030.
- The UK market is expected to grow at a CAGR of 11.4% 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.
Medication management system market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 0.2 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Clinical decision support system solutions |
| Fastest growing segment | Computerized Physician Order Entry |
| 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, UK accounted for 4.5% 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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UK 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 UK 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.
The UK accounts for a considerable share of the European market. In recent years, there has been a significant rise in number of ADEs in the region. According to the University of Nottingham, ADEs are the cause for approximately 8% to 12% of the total hospital admissions; and nearly 50% of these are preventable.
In addition, there has been an increase in the volume of prescriptions in England over the past few years. For instance, the number of primary care prescriptions in England is nearly one billion every year.
Medication management software aids in tracking & decreasing ADEs and enabling efficient management & dispensing of prescriptions. In addition, many hospitals in the country are improving their infrastructure by purchasing and implementing medication management software.
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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 country-level data and insights on the UK medication management system market , including forecasts for subscribers. This country databook contains high-level insights into UK medication management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medication management system market size, by software, 2018-2030 (US$M)
UK Medication Management System Market Outlook Share, 2023 & 2030 (US$M)
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