- In February 2024, GUARDIAN RFID, a provider of inmate tracking systems, joined the Amazon Web Services (AWS) Partner Network (APN) and the AWS Public Sector Partner (PSP) Program, with the APN including a global network of AWS partners who leverage various expertise, programs, and resources to develop, promote, and distribute their solutions to customers
- In November 2023, Baptist Health, based in Kentucky, partnered with Omnicell’s Central Pharmacy Dispensing Service, with the collaboration aimed at enhancing pharmacy services and improving control over the medication supply chain
- In July 2023, investment firm Thoma Bravo completed a substantial investment in Bluesight, focusing on expanding its capabilities to prevent drug diversion, with the investment also including the integration of Medacist, a drug diversion analytics company, and aiming to optimize inventory management and reduce expenditure
- In October 2022, Omnicell, Inc. introduced Specialty Pharmacy Services, a comprehensive offering designed to set up, operate, and optimize specialty pharmacy programs
- In February 2022, Optum launched Optum Specialty Fusion, a pioneering specialty medication management solution aimed at simplifying care for patients with complex conditions and reducing the cost of expensive specialty drugs
Frequently Asked Questions
The market is segmented based on Segmentation, By Software (Computerized Physician Order Entry (CPOE), Clinical Decision Support System Solutions, Medication Administration Software, Inventory Management Software, and Other Software), Mode of Delivery (On Premise, Web-Based, and Cloud-Based), End-Use (Hospitals, Pharmacies, and Other Healthcare Institutions) – Industry Trends and Forecast to 2032
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The Global Medication Management System Market size was valued at USD 8.09 USD Billion in 2024.
The Global Medication Management System Market is projected to grow at a CAGR of 14.54% during the forecast period of 2025 to 2032.
The major players operating in the market include Allscripts, Healthcare Solutions, ARxIUM, BD, Cerner Corporation, GE Healthcare, McKesson Corporation, Medication Management Systems Inc., Omnicell Inc, TalystLLC, QuadraMed Affinity Corporation, Siemens Healthcare Private Limited, OptumInc., Medical Information TechnologyInc., BIQHS, Wiegand AG, NEXUS AG, Genoa, Cardinal Health .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
