Medication Management System Market To Reach $12.79 Billion By 2030

Medication Management System Market Growth & Trends

The global medication management system market size is expected to reach USD 12.79 billion by 2030, registering a CAGR of 8.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Market growth can be attributed to increased hospital investment in improving workflow, rapid advancement in medical technology, and rising focus on reducing medication errors. In addition, the global adoption of IT in the healthcare sector is a factor that will fuel market growth over the forecast period. The increased demand to decrease medication errors and the rising number of prescriptions around the globe are driving the medication management system industry. The market is expected to grow due to the rising IT adoption in the healthcare sector.

In addition, market growth is driven by the increased adoption of automated workflow management solutions due to the rising workload of pharmacists and the increased investment by hospitals. Furthermore, key players are increasingly adopting strategies such as mergers and acquisitions to gain market share. Many large players are acquiring smaller and new entrants to enhance and expand their product offerings. For instance, in April 2023, Z Software and Medi-Map healthcare technology companies in Australia and New Zealand announced their merger. The merger aims to provide advanced and efficient medication management solutions to prescribers, pharmacies, health and aged care providers, and patients. This strategic move will likely allow both companies to expand their product offerings with innovative digital medicine management and dispensing software solutions.

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Medication Management System Market Report Highlights

• The automated dispensing systems segment accounted for the largest market share of 49.17% in 2024. The delivery workstation segment is anticipated to grow at the fastest CAGR during the forecast period.

• The clinical decision support system solutions (CDSS) segment accounted for the largest market share of 30.95% in 2024 and is expected to grow at the fastest CAGR over the forecast period.

• The consolidated/ integrated systems segment accounted for the largest market share of 69.33% in 2024 and is expected to grow at the fastest CAGR from 2025 to 2030.

• The cloud-based systems segment accounted for the largest market share of 40.41% in 2024 and is expected to grow at the fastest CAGR over the forecast period.

• The hospital segment dominated the market with 27.67% of the market share in 2024. Ambulatory surgical centers (ASCs) segment is anticipated to grow at the fastest CAGR during the forecast period.

• North America medication management system market dominated the market and accounted for a revenue share of 43.83% in 2024. The medication management system market in the Asia Pacific is expected to grow at the fastest CAGR from 2025 to 2030.

Medication Management System Market Segmentation

Grand View Research has segmented global medication management system market report based on hardware, software, software type, mode of delivery, end-use, and region:

Medication Management System Hardware Outlook (Revenue, USD Million, 2018 - 2030)

• Automated Dispensing Systems

• Delivery Workstation

• Other Hardware

Medication Management System Software Outlook (Revenue, USD Million, 2018 - 2030)

• Computerized Physician Order Entry (CPOE)

• Clinical Decision Support System Solutions (CDSS)

• Diversion Medication Management

• Inventory Management and Supply Chain Management Software

• Administration Software

  • Electronic Medication Administration Record

  • Barcode Medication Administration

• Automated Dispensing Systems

  • Centralized Automated Dispensing System

    • Robots

    • Carousels

  • Decentralized Automated Dispensing System

    • Pharmacy-Based ADS

    • Ward-Based ADS

    • Automated Unit Dose Dispensing

• Assurance System Software

• Other Software

Medication Management System Software Type Outlook (Revenue, USD Million, 2018 - 2030)

• Consolidated/ Integrated

• Decentralized/ Standalone

Medication Management System Mode of Delivery Outlook (Revenue, USD Million, 2018 - 2030)

• On-Premise

• Web-Based

• Cloud-Based

Medication Management System End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Pharmacies

• Ambulatory Surgical Centers

• Physician's Clinics and Offices

• Behavioral Health Centers

• Addiction Treatment/ Substance Abuse Centers

• Long Term Care Facilities

• Specialty Centers

Medication Management System Region Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Norway

  • Sweden

  • Denmark

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Medication Management System Market

• Bluesight

• BD

• Swisslog Healthcare

• eAgile Inc. (CCL Industries)

• GUARDIAN RFID

• RMS Omega

• Impinj, Inc.

• Epic Systems Corporation

• Omnicell, Inc.

• MEPS Real-Time, Inc. (INTELLIGUARD)

• Veradigm LLC (ALLSCRIPTS HEALTHCARE, LLC)

• GE HealthCare

• Komodo Health, Inc.

• Talyst Systems, LLC,

• MCKESSON CORPORATION

• Oracle (Cerner Corporation)

• Capsa Healthcare

• TouchPoint Medical

• Medminder Systems, Inc. (PersonalRX)

• Tecsys

• Cencora, Inc. (AmerisourceBergen Corporation)

• Amazon.com Inc. (Amazon)