The Latin America, Middle East and Africa Medication Management System Market is expected to witness market growth of 23.1% CAGR during the forecast period (2020-2026).
A surge in government funding as well as budget allocations to the healthcare sector, and the increasing adoption of healthcare IT are likely to help the growth of medication management technologies. The government funding towards the advancement of healthcare infrastructure is increasing along with the growth in the aging population and the growing need for better medication administration, thereby driving the growth of this market. The emphasis on value-based medicine is also increasing which is escalated by the assistance from government organizations & these factors act as drivers for the growth of the medication management market.
Clinical Decision Support Systems (CDSS) is a healthcare IT system which is developed particularly to help clinical decision support for healthcare professionals. CDS includes several tools that are helpful in improving decision-making in the clinical workflow. Moreover, the increasing need for limiting the human errors, growing demand for minimizing healthcare expenditure, requirement for enhancement in quality of care, increasing chronic disease population, and increasing rate of adoption in developing economies are the major driving factors.
Based on Software, the market is segmented into Clinical Decision Support System Solutions, Computerized Physician Order Entry (CPOE), Inventory Management Solutions, Electronic Medication Administration Record, and Other Software. Based on Mode of Delivery, the market is segmented into Cloud-based, Web-based and On-premise. Based on End-user, the market is segmented into Hospitals, Pharmacies and Other end-users. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Clinical Decision Support System Solutions Market by Country in 2019, thereby, achieving a market value of $33.6 Million by 2026. The Argentina market is expected to witness a CAGR of 23.5% during (2020 - 2026). Additionally, The UAE market is estimated to grow at a CAGR of 22.1% during (2020 - 2026).
The Cloud-based market dominated the South Africa Medication Management System Market by Mode of Delivery in 2019, growing at a CAGR of 22.8 % during the forecast period. The Web-based market is expected to witness a CAGR of 22.9% during (2020 - 2026).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions), Siemens AG, Becton, Dickinson and Company, Cerner Corporation, General Electric (GE) Co. (GE Healthcare), McKesson Corporation, UnitedHealth Group, Inc. (Optum, Inc.), Omnicell, Inc., Kuka AG (Talyst, LLC), and ARxIUM, Inc.
Scope of the Study
Market Segments covered in the Report:
By Software
By Mode of Delivery
By End User
By Country
Companies Profiled
Unique Offerings from the Publisher
A surge in government funding as well as budget allocations to the healthcare sector, and the increasing adoption of healthcare IT are likely to help the growth of medication management technologies. The government funding towards the advancement of healthcare infrastructure is increasing along with the growth in the aging population and the growing need for better medication administration, thereby driving the growth of this market. The emphasis on value-based medicine is also increasing which is escalated by the assistance from government organizations & these factors act as drivers for the growth of the medication management market.
Clinical Decision Support Systems (CDSS) is a healthcare IT system which is developed particularly to help clinical decision support for healthcare professionals. CDS includes several tools that are helpful in improving decision-making in the clinical workflow. Moreover, the increasing need for limiting the human errors, growing demand for minimizing healthcare expenditure, requirement for enhancement in quality of care, increasing chronic disease population, and increasing rate of adoption in developing economies are the major driving factors.
Based on Software, the market is segmented into Clinical Decision Support System Solutions, Computerized Physician Order Entry (CPOE), Inventory Management Solutions, Electronic Medication Administration Record, and Other Software. Based on Mode of Delivery, the market is segmented into Cloud-based, Web-based and On-premise. Based on End-user, the market is segmented into Hospitals, Pharmacies and Other end-users. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Clinical Decision Support System Solutions Market by Country in 2019, thereby, achieving a market value of $33.6 Million by 2026. The Argentina market is expected to witness a CAGR of 23.5% during (2020 - 2026). Additionally, The UAE market is estimated to grow at a CAGR of 22.1% during (2020 - 2026).
The Cloud-based market dominated the South Africa Medication Management System Market by Mode of Delivery in 2019, growing at a CAGR of 22.8 % during the forecast period. The Web-based market is expected to witness a CAGR of 22.9% during (2020 - 2026).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions), Siemens AG, Becton, Dickinson and Company, Cerner Corporation, General Electric (GE) Co. (GE Healthcare), McKesson Corporation, UnitedHealth Group, Inc. (Optum, Inc.), Omnicell, Inc., Kuka AG (Talyst, LLC), and ARxIUM, Inc.
Scope of the Study
Market Segments covered in the Report:
By Software
- Clinical Decision Support System Solutions
- Computerized Physician Order Entry (CPOE)
- Inventory Management Solutions
- Electronic Medication Administration Record
- Other Software
By Mode of Delivery
- Cloud-based
- Web-based
- On-premise
By End User
- Hospitals
- Pharmacies
- Other end-users
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions)
- Siemens AG
- Becton, Dickinson and Company
- Cerner Corporation
- General Electric (GE) Co. (GE Healthcare)
- McKesson Corporation
- UnitedHealth Group, Inc. (Optum, Inc.)
- Omnicell, Inc.
- Kuka AG (Talyst, LLC)
- ARxIUM, Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Medication Management System Market by Software
Chapter 5. LAMEA Medication Management System Market by Mode of Delivery
Chapter 6. LAMEA Medication Management System Market End-user
Chapter 7. LAMEA Medication Management System Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- AllScripts Healthcare Solutions, Inc. (A-S Medication Solutions)
- Siemens AG
- Becton, Dickinson and Company
- Cerner Corporation
- General Electric (GE) Co. (GE Healthcare)
- McKesson Corporation
- UnitedHealth Group, Inc. (Optum, Inc.)
- Omnicell, Inc.
- Kuka AG (Talyst, LLC)
- ARxIUM, Inc.
Methodology
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