U.S. Medication Management System Market Size & Outlook
U.S. medication management system market, 2018-2030 (US$M)
Related Markets
U.S. medication management system market highlights
- The U.S. medication management system market generated a revenue of USD 0.8 million in 2023 and is expected to reach USD 1.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, clinical decision support system solutions 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 0.8 million |
| Market revenue in 2030 | USD 1.6 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Clinical decision support system solutions |
| 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, U.S. accounted for 43.8% 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 North America, U.S. medication management system market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 0.3 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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U.S. 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 U.S. 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 U.S. is one of the key countries for the medication management market. Some of the key factors responsible for large share of the U.S. are presence of a large patient pool, high awareness about new medication management solutions, high number of prescriptions, and shortage of primary care physicians.
In addition, the country has a large number of small- and medium-scale players offering medication management solutions to various hospital & pharmacies, which is key factor for the countries large share.
In the recent years, the incidence of various diseases and disorders has increased in the U.S. This has resulted in an increase in the number of prescriptions and need for medicines in the country.
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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 U.S. medication management system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medication management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medication management system market size, by software, 2018-2030 (US$M)
U.S. Medication Management System Market Outlook Share, 2023 & 2030 (US$M)
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