The Medication Therapy Management is defined as a group of services which optimize therapeutic outcomes for patients. This is a rapidly emerging term in the healthcare sector that helps patients get the most benefit from their medications. This is patient-centric & comprehensive approach which improves the quality of care pharmacists provide to patients along with increasing their overall revenue generation and ROI.
The increase in the number of prescriptions across the globe, and the increase in investments by hospitals for workflow management are expected to boost the global medication therapy management market growth over the forecast period. Furthermore, the increase in government reforms and policies fuelling the integration of IT in the healthcare industry which expected to propel the global medication therapy management market growth. Also, the increase in maturity of electronic health records of patients have enabled better patient understanding, medication adherence, medication reconciliation, and disease control. The medication therapy management uses a collaborative approach with the integration of computerized EHR to address the challenges in each phase of the medication cycle by availing patient information to experts.
High implementation and maintenance expenses expected to hinder the global medication therapy management market growth during this forecast timeline.
The Global Medication Therapy Management Market is segmented into type such as Software, and services (Medication Therapy Reviews, Pharmacotherapy Consults, Disease Management Support, Anticoagulation Management, Medication Safety Surveillance, and Others) Further, market is segmented into end user such as Pharmacies, and Healthcare Payers.
Also, the Global Medication Therapy Management Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Cerner Corporation, AdhereHealth LLC, Agadia Systems Inc., First Databank Inc., General electric Company, IQWare Solutions, Omnicell Inc., Centene Corporation, Tabula Rasa Healthcare, Fiscal Management Inc., etc.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medication Therapy Management Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medication Therapy Management Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Medication Therapy Management Market Share Analysis, By Type
5.3 Global Medication Therapy Management Market Size and Forecast, By Type
5.3.1 Software
5.3.2 Services
5.3.2.1 Medication Therapy Reviews
5.3.2.2 Pharmacotherapy Consults
5.3.2.3 Disease Management Support
5.3.2.4 Anticoagulation Management
5.3.2.5 Medication Safety Surveillance
5.3.2.6 Others
6 Global Medication Therapy Management Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Medication Therapy Management Market Share Analysis, By End User
6.3 Global Medication Therapy Management Market Size and Forecast, By End User
6.3.1 Pharmacies
6.3.2 Healthcare Payers
7Global Medication Therapy Management Market, By Region
7.1 Global Medication Therapy Management Market Share Analysis, By Region
7.2 Global Medication Therapy Management Market Share Analysis, By Region
7.3 Global Medication Therapy Management Market Size and Forecast, By Region
8North America Medication Therapy Management Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America Medication Therapy Management Market Share Analysis, By Type
8.3 North America Medication Therapy Management Market Size and Forecast, By End User
8.4 North America Medication Therapy Management Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Medication Therapy Management Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe Medication Therapy Management Market Share Analysis, By Type
9.3 Europe Medication Therapy Management Market Size and Forecast, By End User
9.4 Europe Medication Therapy Management Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Medication Therapy Management Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific Medication Therapy Management Market Share Analysis, By Type
10.3 Asia Pacific Medication Therapy Management Market Size and Forecast, By End User
10.4 Asia Pacific Medication Therapy Management Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Medication Therapy Management Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America Medication Therapy Management Market Share Analysis, By Type
11.3 Latin America Medication Therapy Management Market Size and Forecast, By End User
11.4 Latin America Medication Therapy Management Market Size and Forecast, By Country
12Middle East Medication Therapy Management Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East Medication Therapy Management Market Share Analysis, By Type
12.3 Middle East Medication Therapy Management Market Size and Forecast, By End User
12.4 Middle East Medication Therapy Management Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Cerner Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 AdhereHealth LLC
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Agadia Systems Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 First Databank Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 General electric Company
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 IQWare Solutions
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Omnicell Inc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Centene Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Tabula Rasa Healthcare
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Fiscal Management Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
