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Global Medication Therapy Management Market : Technology Trend, Growth Rate & Application Analysis

global medication therapy management market technology trend growth rate application analysis

Global Medication Th

iCrowdNewswire   Feb 2, 2021  7:05 AM ET

Global Medication Therapy Management Market

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.

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Analysis of the Medication Therapy Management market is also done on a regional basis. The report serves analysis, considering the recent market trends, opportunities, and outlook in the regional market. The report also emphasizes on top key players by providing details such as shipments, company profiles, pricing, contact details, product specifications, and others. Also, detailed information of the key players and strategies adopted by them are also presented in the report for a thorough understanding of the overall market. The report also emphasizes on the recent and emerging trends that are occurring within the manufacturing landscape.

Market Key Players

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.

Market Taxonomy

By Type

  • Software
  • Services
  • Medication Therapy Reviews
  • Pharmacotherapy Consults
  • Disease Management Support
  • Anticoagulation Management
  • Medication Safety Surveillance
  • Others

By End User

  • Pharmacies
  • Healthcare Payers

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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