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

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

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Published Date: 02 Jan 2024

Category: Medical Care

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
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Description

According to our (Global Info Research) latest study, the global Medication Therapy Management market size was valued at USD 112.8 million in 2023 and is forecast to a readjusted size of USD 224.5 million by 2030 with a CAGR of 10.3% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Medication Therapy Management industry chain, the market status of Medicalcare Plans (Inhouse Medication Therapy Management, Outhouse Medication Therapy Management), Self-paying Patients (Inhouse Medication Therapy Management, Outhouse Medication Therapy Management), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Medication Therapy Management.

Regionally, the report analyzes the Medication Therapy Management markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Medication Therapy Management market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Medication Therapy Management market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Medication Therapy Management industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Inhouse Medication Therapy Management, Outhouse Medication Therapy Management).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Medication Therapy Management market.

Regional Analysis: The report involves examining the Medication Therapy Management market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Medication Therapy Management market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Medication Therapy Management:
Company Analysis: Report covers individual Medication Therapy Management players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Medication Therapy Management This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Medicalcare Plans, Self-paying Patients).

Technology Analysis: Report covers specific technologies relevant to Medication Therapy Management. It assesses the current state, advancements, and potential future developments in Medication Therapy Management areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Medication Therapy Management market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

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 in terms of value.

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, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and 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 application, with consumption value and growth rate by Type, 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, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and 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.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Medication Therapy Management
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 and 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 Consumption Value 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
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Medication Therapy Management Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Medication Therapy Management Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Medication Therapy Management Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Cardinal Health Company Information, Head Office, and Major Competitors
Table 6. Cardinal Health Major Business
Table 7. Cardinal Health Medication Therapy Management Product and Solutions
Table 8. Cardinal Health Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Cardinal Health Recent Developments and Future Plans
Table 10. TabularRasa Company Information, Head Office, and Major Competitors
Table 11. TabularRasa Major Business
Table 12. TabularRasa Medication Therapy Management Product and Solutions
Table 13. TabularRasa Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. TabularRasa Recent Developments and Future Plans
Table 15. WellCare Company Information, Head Office, and Major Competitors
Table 16. WellCare Major Business
Table 17. WellCare Medication Therapy Management Product and Solutions
Table 18. WellCare Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. WellCare Recent Developments and Future Plans
Table 20. Global Medication Therapy Management Revenue (USD Million) by Players (2019-2024)
Table 21. Global Medication Therapy Management Revenue Share by Players (2019-2024)
Table 22. Breakdown of Medication Therapy Management by Company Type (Tier 1, Tier 2, and Tier 3)
Table 23. Market Position of Players in Medication Therapy Management, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 24. Head Office of Key Medication Therapy Management Players
Table 25. Medication Therapy Management Market: Company Product Type Footprint
Table 26. Medication Therapy Management Market: Company Product Application Footprint
Table 27. Medication Therapy Management New Market Entrants and Barriers to Market Entry
Table 28. Medication Therapy Management Mergers, Acquisition, Agreements, and Collaborations
Table 29. Global Medication Therapy Management Consumption Value (USD Million) by Type (2019-2024)
Table 30. Global Medication Therapy Management Consumption Value Share by Type (2019-2024)
Table 31. Global Medication Therapy Management Consumption Value Forecast by Type (2025-2030)
Table 32. Global Medication Therapy Management Consumption Value by Application (2019-2024)
Table 33. Global Medication Therapy Management Consumption Value Forecast by Application (2025-2030)
Table 34. North America Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 35. North America Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 36. North America Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 37. North America Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 38. North America Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 39. North America Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 40. Europe Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 41. Europe Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 42. Europe Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 43. Europe Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 44. Europe Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 45. Europe Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 46. Asia-Pacific Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 47. Asia-Pacific Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 48. Asia-Pacific Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 49. Asia-Pacific Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 50. Asia-Pacific Medication Therapy Management Consumption Value by Region (2019-2024) & (USD Million)
Table 51. Asia-Pacific Medication Therapy Management Consumption Value by Region (2025-2030) & (USD Million)
Table 52. South America Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 53. South America Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 54. South America Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 55. South America Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 56. South America Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 57. South America Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 58. Middle East & Africa Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 59. Middle East & Africa Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 60. Middle East & Africa Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 61. Middle East & Africa Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 62. Middle East & Africa Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 63. Middle East & Africa Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 64. Medication Therapy Management Raw Material
Table 65. Key Suppliers of Medication Therapy Management Raw Materials
List of Figures
Figure 1. Medication Therapy Management Picture
Figure 2. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Medication Therapy Management Consumption Value Market Share by Type in 2023
Figure 4. Inhouse Medication Therapy Management
Figure 5. Outhouse Medication Therapy Management
Figure 6. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. Medication Therapy Management Consumption Value Market Share by Application in 2023
Figure 8. Medicalcare Plans Picture
Figure 9. Self-paying Patients Picture
Figure 10. Global Medication Therapy Management Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 11. Global Medication Therapy Management Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 12. Global Market Medication Therapy Management Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 13. Global Medication Therapy Management Consumption Value Market Share by Region (2019-2030)
Figure 14. Global Medication Therapy Management Consumption Value Market Share by Region in 2023
Figure 15. North America Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 16. Europe Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 17. Asia-Pacific Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 18. South America Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 19. Middle East and Africa Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 20. Global Medication Therapy Management Revenue Share by Players in 2023
Figure 21. Medication Therapy Management Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 22. Global Top 3 Players Medication Therapy Management Market Share in 2023
Figure 23. Global Top 6 Players Medication Therapy Management Market Share in 2023
Figure 24. Global Medication Therapy Management Consumption Value Share by Type (2019-2024)
Figure 25. Global Medication Therapy Management Market Share Forecast by Type (2025-2030)
Figure 26. Global Medication Therapy Management Consumption Value Share by Application (2019-2024)
Figure 27. Global Medication Therapy Management Market Share Forecast by Application (2025-2030)
Figure 28. North America Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 29. North America Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 30. North America Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 31. United States Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 32. Canada Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 33. Mexico Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 34. Europe Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 35. Europe Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 36. Europe Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 37. Germany Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 38. France Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 39. United Kingdom Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 40. Russia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 41. Italy Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 42. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 43. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 44. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Region (2019-2030)
Figure 45. China Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 46. Japan Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 47. South Korea Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 48. India Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 49. Southeast Asia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 50. Australia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 51. South America Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 52. South America Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 53. South America Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 54. Brazil Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 55. Argentina Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 56. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 57. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 58. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 59. Turkey Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 60. Saudi Arabia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 61. UAE Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 62. Medication Therapy Management Market Drivers
Figure 63. Medication Therapy Management Market Restraints
Figure 64. Medication Therapy Management Market Trends
Figure 65. Porters Five Forces Analysis
Figure 66. Manufacturing Cost Structure Analysis of Medication Therapy Management in 2023
Figure 67. Manufacturing Process Analysis of Medication Therapy Management
Figure 68. Medication Therapy Management Industrial Chain
Figure 69. Methodology
Figure 70. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Cardinal Health
TabularRasa
WellCare
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Related Reports

Global Medication Therapy Management Market 2023 by Company, Regions, Type and Application, Forecast to 2029 xian22

Global Medication Therapy Management Market 2023 by Company, Regions, Type and Application, Forecast to 2029

date 18 Mar 2023

date Medical Care

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.

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

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

Page: 70

Published Date: 02 Jan 2024

Category: Medical Care

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Description

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Description

According to our (Global Info Research) latest study, the global Medication Therapy Management market size was valued at USD 112.8 million in 2023 and is forecast to a readjusted size of USD 224.5 million by 2030 with a CAGR of 10.3% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Medication Therapy Management industry chain, the market status of Medicalcare Plans (Inhouse Medication Therapy Management, Outhouse Medication Therapy Management), Self-paying Patients (Inhouse Medication Therapy Management, Outhouse Medication Therapy Management), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Medication Therapy Management.

Regionally, the report analyzes the Medication Therapy Management markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Medication Therapy Management market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Medication Therapy Management market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Medication Therapy Management industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Inhouse Medication Therapy Management, Outhouse Medication Therapy Management).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Medication Therapy Management market.

Regional Analysis: The report involves examining the Medication Therapy Management market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Medication Therapy Management market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Medication Therapy Management:
Company Analysis: Report covers individual Medication Therapy Management players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Medication Therapy Management This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Medicalcare Plans, Self-paying Patients).

Technology Analysis: Report covers specific technologies relevant to Medication Therapy Management. It assesses the current state, advancements, and potential future developments in Medication Therapy Management areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Medication Therapy Management market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

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 in terms of value.

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, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and 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 application, with consumption value and growth rate by Type, 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, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and 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.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Medication Therapy Management
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 and 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 Consumption Value 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
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Medication Therapy Management Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Medication Therapy Management Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Medication Therapy Management Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Cardinal Health Company Information, Head Office, and Major Competitors
Table 6. Cardinal Health Major Business
Table 7. Cardinal Health Medication Therapy Management Product and Solutions
Table 8. Cardinal Health Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Cardinal Health Recent Developments and Future Plans
Table 10. TabularRasa Company Information, Head Office, and Major Competitors
Table 11. TabularRasa Major Business
Table 12. TabularRasa Medication Therapy Management Product and Solutions
Table 13. TabularRasa Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. TabularRasa Recent Developments and Future Plans
Table 15. WellCare Company Information, Head Office, and Major Competitors
Table 16. WellCare Major Business
Table 17. WellCare Medication Therapy Management Product and Solutions
Table 18. WellCare Medication Therapy Management Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. WellCare Recent Developments and Future Plans
Table 20. Global Medication Therapy Management Revenue (USD Million) by Players (2019-2024)
Table 21. Global Medication Therapy Management Revenue Share by Players (2019-2024)
Table 22. Breakdown of Medication Therapy Management by Company Type (Tier 1, Tier 2, and Tier 3)
Table 23. Market Position of Players in Medication Therapy Management, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 24. Head Office of Key Medication Therapy Management Players
Table 25. Medication Therapy Management Market: Company Product Type Footprint
Table 26. Medication Therapy Management Market: Company Product Application Footprint
Table 27. Medication Therapy Management New Market Entrants and Barriers to Market Entry
Table 28. Medication Therapy Management Mergers, Acquisition, Agreements, and Collaborations
Table 29. Global Medication Therapy Management Consumption Value (USD Million) by Type (2019-2024)
Table 30. Global Medication Therapy Management Consumption Value Share by Type (2019-2024)
Table 31. Global Medication Therapy Management Consumption Value Forecast by Type (2025-2030)
Table 32. Global Medication Therapy Management Consumption Value by Application (2019-2024)
Table 33. Global Medication Therapy Management Consumption Value Forecast by Application (2025-2030)
Table 34. North America Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 35. North America Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 36. North America Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 37. North America Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 38. North America Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 39. North America Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 40. Europe Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 41. Europe Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 42. Europe Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 43. Europe Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 44. Europe Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 45. Europe Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 46. Asia-Pacific Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 47. Asia-Pacific Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 48. Asia-Pacific Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 49. Asia-Pacific Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 50. Asia-Pacific Medication Therapy Management Consumption Value by Region (2019-2024) & (USD Million)
Table 51. Asia-Pacific Medication Therapy Management Consumption Value by Region (2025-2030) & (USD Million)
Table 52. South America Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 53. South America Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 54. South America Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 55. South America Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 56. South America Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 57. South America Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 58. Middle East & Africa Medication Therapy Management Consumption Value by Type (2019-2024) & (USD Million)
Table 59. Middle East & Africa Medication Therapy Management Consumption Value by Type (2025-2030) & (USD Million)
Table 60. Middle East & Africa Medication Therapy Management Consumption Value by Application (2019-2024) & (USD Million)
Table 61. Middle East & Africa Medication Therapy Management Consumption Value by Application (2025-2030) & (USD Million)
Table 62. Middle East & Africa Medication Therapy Management Consumption Value by Country (2019-2024) & (USD Million)
Table 63. Middle East & Africa Medication Therapy Management Consumption Value by Country (2025-2030) & (USD Million)
Table 64. Medication Therapy Management Raw Material
Table 65. Key Suppliers of Medication Therapy Management Raw Materials
List of Figures
Figure 1. Medication Therapy Management Picture
Figure 2. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Medication Therapy Management Consumption Value Market Share by Type in 2023
Figure 4. Inhouse Medication Therapy Management
Figure 5. Outhouse Medication Therapy Management
Figure 6. Global Medication Therapy Management Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 7. Medication Therapy Management Consumption Value Market Share by Application in 2023
Figure 8. Medicalcare Plans Picture
Figure 9. Self-paying Patients Picture
Figure 10. Global Medication Therapy Management Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 11. Global Medication Therapy Management Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 12. Global Market Medication Therapy Management Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 13. Global Medication Therapy Management Consumption Value Market Share by Region (2019-2030)
Figure 14. Global Medication Therapy Management Consumption Value Market Share by Region in 2023
Figure 15. North America Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 16. Europe Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 17. Asia-Pacific Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 18. South America Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 19. Middle East and Africa Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 20. Global Medication Therapy Management Revenue Share by Players in 2023
Figure 21. Medication Therapy Management Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 22. Global Top 3 Players Medication Therapy Management Market Share in 2023
Figure 23. Global Top 6 Players Medication Therapy Management Market Share in 2023
Figure 24. Global Medication Therapy Management Consumption Value Share by Type (2019-2024)
Figure 25. Global Medication Therapy Management Market Share Forecast by Type (2025-2030)
Figure 26. Global Medication Therapy Management Consumption Value Share by Application (2019-2024)
Figure 27. Global Medication Therapy Management Market Share Forecast by Application (2025-2030)
Figure 28. North America Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 29. North America Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 30. North America Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 31. United States Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 32. Canada Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 33. Mexico Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 34. Europe Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 35. Europe Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 36. Europe Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 37. Germany Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 38. France Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 39. United Kingdom Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 40. Russia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 41. Italy Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 42. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 43. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 44. Asia-Pacific Medication Therapy Management Consumption Value Market Share by Region (2019-2030)
Figure 45. China Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 46. Japan Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 47. South Korea Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 48. India Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 49. Southeast Asia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 50. Australia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 51. South America Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 52. South America Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 53. South America Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 54. Brazil Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 55. Argentina Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 56. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Type (2019-2030)
Figure 57. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Application (2019-2030)
Figure 58. Middle East and Africa Medication Therapy Management Consumption Value Market Share by Country (2019-2030)
Figure 59. Turkey Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 60. Saudi Arabia Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 61. UAE Medication Therapy Management Consumption Value (2019-2030) & (USD Million)
Figure 62. Medication Therapy Management Market Drivers
Figure 63. Medication Therapy Management Market Restraints
Figure 64. Medication Therapy Management Market Trends
Figure 65. Porters Five Forces Analysis
Figure 66. Manufacturing Cost Structure Analysis of Medication Therapy Management in 2023
Figure 67. Manufacturing Process Analysis of Medication Therapy Management
Figure 68. Medication Therapy Management Industrial Chain
Figure 69. Methodology
Figure 70. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Cardinal Health
TabularRasa
WellCare
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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.

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