Report Detail

Other Global Medication Therapy Management Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM4617686
  • |
  • 26 September, 2024
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  • Global
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  • 73 Pages
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  • GIR (Global Info Research)
  • |
  • Other

Medication therapy management, generally called medicine use review in the United kingdom, is a service provided typically by pharmacists that aims to improve outcomes by helping people to better understand their health conditions and the medications used to manage them. This includes providing education on the disease state and medications used to treat the disease state, ensuring that medicines are taken correctly, reducing waste due to unused medicines, looking for any side effects, and providing education on how to manage any side effects. The process that can be broken down into five steps: medication therapy review, personal medication record, medication-related action plan, intervention and or referral, and documentation and follow-up.
According to our (Global Info Research) latest study, the global Medication Therapy Management market size was valued at US$ 126 million in 2023 and is forecast to a readjusted size of USD 252 million by 2030 with a CAGR of 10.5% during review period.
The global Medication Therapy Management market, by type is segmented into Inhouse and Outhouse. In 2019, outhouse had the largest market share of about 65%, while inhouse had a market share of approximately 35%.
Cardinal Health, TabularRasa and WellCare, etc. are the leaders of the industry. The top 3 manufacturers achieved a total market share of over 42% in 2019.
This report is a detailed and comprehensive analysis for global Medication Therapy Management market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Medication Therapy Management market size and forecasts, in consumption value ($ Million), 2019-2030
Global Medication Therapy Management market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Medication Therapy Management market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Medication Therapy Management market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Medication Therapy Management
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Medication Therapy Management market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cardinal Health, TabularRasa, WellCare, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Medication Therapy Management market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Medication Therapy Management market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Inhouse Medication Therapy Management
Outhouse Medication Therapy Management
Market segment by Application
Medicalcare Plans
Self-paying Patients
Market segment by players, this report covers
Cardinal Health
TabularRasa
WellCare
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Medication Therapy Management product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Medication Therapy Management, with revenue, gross margin, and global market share of Medication Therapy Management from 2019 to 2024.
Chapter 3, the Medication Therapy Management competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Medication Therapy Management market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Medication Therapy Management.
Chapter 13, to describe Medication Therapy Management research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Medication Therapy Management by Type
    • 1.3.1 Overview: Global Medication Therapy Management Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Medication Therapy Management Consumption Value Market Share by Type in 2023
    • 1.3.3 Inhouse Medication Therapy Management
    • 1.3.4 Outhouse Medication Therapy Management
  • 1.4 Global Medication Therapy Management Market by Application
    • 1.4.1 Overview: Global Medication Therapy Management Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Medicalcare Plans
    • 1.4.3 Self-paying Patients
  • 1.5 Global Medication Therapy Management Market Size & Forecast
  • 1.6 Global Medication Therapy Management Market Size and Forecast by Region
    • 1.6.1 Global Medication Therapy Management Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Medication Therapy Management Market Size by Region, (2019-2030)
    • 1.6.3 North America Medication Therapy Management Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Medication Therapy Management Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Medication Therapy Management Market Size and Prospect (2019-2030)
    • 1.6.6 South America Medication Therapy Management Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa Medication Therapy Management Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Cardinal Health
    • 2.1.1 Cardinal Health Details
    • 2.1.2 Cardinal Health Major Business
    • 2.1.3 Cardinal Health Medication Therapy Management Product and Solutions
    • 2.1.4 Cardinal Health Medication Therapy Management Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Cardinal Health Recent Developments and Future Plans
  • 2.2 TabularRasa
    • 2.2.1 TabularRasa Details
    • 2.2.2 TabularRasa Major Business
    • 2.2.3 TabularRasa Medication Therapy Management Product and Solutions
    • 2.2.4 TabularRasa Medication Therapy Management Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 TabularRasa Recent Developments and Future Plans
  • 2.3 WellCare
    • 2.3.1 WellCare Details
    • 2.3.2 WellCare Major Business
    • 2.3.3 WellCare Medication Therapy Management Product and Solutions
    • 2.3.4 WellCare Medication Therapy Management Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 WellCare Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Medication Therapy Management Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Medication Therapy Management by Company Revenue
    • 3.2.2 Top 3 Medication Therapy Management Players Market Share in 2023
    • 3.2.3 Top 6 Medication Therapy Management Players Market Share in 2023
  • 3.3 Medication Therapy Management Market: Overall Company Footprint Analysis
    • 3.3.1 Medication Therapy Management Market: Region Footprint
    • 3.3.2 Medication Therapy Management Market: Company Product Type Footprint
    • 3.3.3 Medication Therapy Management Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Medication Therapy Management Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Medication Therapy Management Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Medication Therapy Management Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Medication Therapy Management Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Medication Therapy Management Consumption Value by Type (2019-2030)
  • 6.2 North America Medication Therapy Management Market Size by Application (2019-2030)
  • 6.3 North America Medication Therapy Management Market Size by Country
    • 6.3.1 North America Medication Therapy Management Consumption Value by Country (2019-2030)
    • 6.3.2 United States Medication Therapy Management Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Medication Therapy Management Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Medication Therapy Management Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Medication Therapy Management Consumption Value by Type (2019-2030)
  • 7.2 Europe Medication Therapy Management Consumption Value by Application (2019-2030)
  • 7.3 Europe Medication Therapy Management Market Size by Country
    • 7.3.1 Europe Medication Therapy Management Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Medication Therapy Management Market Size and Forecast (2019-2030)
    • 7.3.3 France Medication Therapy Management Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Medication Therapy Management Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Medication Therapy Management Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Medication Therapy Management Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Medication Therapy Management Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Medication Therapy Management Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Medication Therapy Management Market Size by Region
    • 8.3.1 Asia-Pacific Medication Therapy Management Consumption Value by Region (2019-2030)
    • 8.3.2 China Medication Therapy Management Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Medication Therapy Management Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Medication Therapy Management Market Size and Forecast (2019-2030)
    • 8.3.5 India Medication Therapy Management Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Medication Therapy Management Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Medication Therapy Management Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Medication Therapy Management Consumption Value by Type (2019-2030)
  • 9.2 South America Medication Therapy Management Consumption Value by Application (2019-2030)
  • 9.3 South America Medication Therapy Management Market Size by Country
    • 9.3.1 South America Medication Therapy Management Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Medication Therapy Management Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Medication Therapy Management Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Medication Therapy Management Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Medication Therapy Management Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Medication Therapy Management Market Size by Country
    • 10.3.1 Middle East & Africa Medication Therapy Management Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Medication Therapy Management Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Medication Therapy Management Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Medication Therapy Management Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Medication Therapy Management Market Drivers
  • 11.2 Medication Therapy Management Market Restraints
  • 11.3 Medication Therapy Management Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Medication Therapy Management Industry Chain
  • 12.2 Medication Therapy Management Upstream Analysis
  • 12.3 Medication Therapy Management Midstream Analysis
  • 12.4 Medication Therapy Management Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Medication Therapy Management. Industry analysis & Market Report on Medication Therapy Management is a syndicated market report, published as Global Medication Therapy Management Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Medication Therapy Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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