Medication Therapy Management Market - Global Outlook and Forecast 2022-2028

January 2022 | 71 pages | ID: M3F1E7BFD512EN
Market Monitor Global

Abstracts

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.

This report contains market size and forecasts of Medication Therapy Management in Global, including the following market information:

Global Medication Therapy Management Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Medication Therapy Management market was valued at 112.8 million in 2021 and is projected to reach US$ 224.5 million by 2028, at a CAGR of 10.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Inhouse Medication Therapy Management Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Medication Therapy Management include Cardinal Health, TabularRasa and WellCare, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medication Therapy Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Medication Therapy Management Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Medication Therapy Management Market Segment Percentages, by Type, 2021 (%)

• Inhouse Medication Therapy Management
• Outhouse Medication Therapy Management

Global Medication Therapy Management Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Medication Therapy Management Market Segment Percentages, by Application, 2021 (%)

• Medicalcare Plans
• Self-paying Patients

Global Medication Therapy Management Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Medication Therapy Management Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Medication Therapy Management revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Medication Therapy Management revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Cardinal Health
• TabularRasa
• WellCare

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Medication Therapy Management Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Medication Therapy Management Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL MEDICATION THERAPY MANAGEMENT OVERALL MARKET SIZE

2.1 Global Medication Therapy Management Market Size: 2021 VS 2028
2.2 Global Medication Therapy Management Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Medication Therapy Management Players in Global Market
3.2 Top Global Medication Therapy Management Companies Ranked by Revenue
3.3 Global Medication Therapy Management Revenue by Companies
3.4 Top 3 and Top 5 Medication Therapy Management Companies in Global Market, by Revenue in 2021
3.5 Global Companies Medication Therapy Management Product Type
3.6 Tier 1, Tier 2 and Tier 3 Medication Therapy Management Players in Global Market
  3.6.1 List of Global Tier 1 Medication Therapy Management Companies
  3.6.2 List of Global Tier 2 and Tier 3 Medication Therapy Management Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Medication Therapy Management Market Size Markets, 2021 & 2028
  4.1.2 Inhouse Medication Therapy Management
  4.1.3 Outhouse Medication Therapy Management
4.2 By Type - Global Medication Therapy Management Revenue & Forecasts
  4.2.1 By Type - Global Medication Therapy Management Revenue, 2017-2022
  4.2.2 By Type - Global Medication Therapy Management Revenue, 2023-2028
  4.2.3 By Type - Global Medication Therapy Management Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Medication Therapy Management Market Size, 2021 & 2028
  5.1.2 Medicalcare Plans
  5.1.3 Self-paying Patients
5.2 By Application - Global Medication Therapy Management Revenue & Forecasts
  5.2.1 By Application - Global Medication Therapy Management Revenue, 2017-2022
  5.2.2 By Application - Global Medication Therapy Management Revenue, 2023-2028
  5.2.3 By Application - Global Medication Therapy Management Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Medication Therapy Management Market Size, 2021 & 2028
6.2 By Region - Global Medication Therapy Management Revenue & Forecasts
  6.2.1 By Region - Global Medication Therapy Management Revenue, 2017-2022
  6.2.2 By Region - Global Medication Therapy Management Revenue, 2023-2028
  6.2.3 By Region - Global Medication Therapy Management Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Medication Therapy Management Revenue, 2017-2028
  6.3.2 US Medication Therapy Management Market Size, 2017-2028
  6.3.3 Canada Medication Therapy Management Market Size, 2017-2028
  6.3.4 Mexico Medication Therapy Management Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Medication Therapy Management Revenue, 2017-2028
  6.4.2 Germany Medication Therapy Management Market Size, 2017-2028
  6.4.3 France Medication Therapy Management Market Size, 2017-2028
  6.4.4 U.K. Medication Therapy Management Market Size, 2017-2028
  6.4.5 Italy Medication Therapy Management Market Size, 2017-2028
  6.4.6 Russia Medication Therapy Management Market Size, 2017-2028
  6.4.7 Nordic Countries Medication Therapy Management Market Size, 2017-2028
  6.4.8 Benelux Medication Therapy Management Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Medication Therapy Management Revenue, 2017-2028
  6.5.2 China Medication Therapy Management Market Size, 2017-2028
  6.5.3 Japan Medication Therapy Management Market Size, 2017-2028
  6.5.4 South Korea Medication Therapy Management Market Size, 2017-2028
  6.5.5 Southeast Asia Medication Therapy Management Market Size, 2017-2028
  6.5.6 India Medication Therapy Management Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Medication Therapy Management Revenue, 2017-2028
  6.6.2 Brazil Medication Therapy Management Market Size, 2017-2028
  6.6.3 Argentina Medication Therapy Management Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Medication Therapy Management Revenue, 2017-2028
  6.7.2 Turkey Medication Therapy Management Market Size, 2017-2028
  6.7.3 Israel Medication Therapy Management Market Size, 2017-2028
  6.7.4 Saudi Arabia Medication Therapy Management Market Size, 2017-2028
  6.7.5 UAE Medication Therapy Management Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Cardinal Health
  7.1.1 Cardinal Health Corporate Summary
  7.1.2 Cardinal Health Business Overview
  7.1.3 Cardinal Health Medication Therapy Management Major Product Offerings
  7.1.4 Cardinal Health Medication Therapy Management Revenue in Global Market (2017-2022)
  7.1.5 Cardinal Health Key News
7.2 TabularRasa
  7.2.1 TabularRasa Corporate Summary
  7.2.2 TabularRasa Business Overview
  7.2.3 TabularRasa Medication Therapy Management Major Product Offerings
  7.2.4 TabularRasa Medication Therapy Management Revenue in Global Market (2017-2022)
  7.2.5 TabularRasa Key News
7.3 WellCare
  7.3.1 WellCare Corporate Summary
  7.3.2 WellCare Business Overview
  7.3.3 WellCare Medication Therapy Management Major Product Offerings
  7.3.4 WellCare Medication Therapy Management Revenue in Global Market (2017-2022)
  7.3.5 WellCare Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Medication Therapy Management Market Opportunities & Trends in Global Market
Table 2. Medication Therapy Management Market Drivers in Global Market
Table 3. Medication Therapy Management Market Restraints in Global Market
Table 4. Key Players of Medication Therapy Management in Global Market
Table 5. Top Medication Therapy Management Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Medication Therapy Management Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Medication Therapy Management Revenue Share by Companies, 2017-2022
Table 8. Global Companies Medication Therapy Management Product Type
Table 9. List of Global Tier 1 Medication Therapy Management Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Medication Therapy Management Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Medication Therapy Management Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Medication Therapy Management Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Medication Therapy Management Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Medication Therapy Management Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Medication Therapy Management Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Medication Therapy Management Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Medication Therapy Management Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Medication Therapy Management Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Medication Therapy Management Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Medication Therapy Management Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Medication Therapy Management Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Medication Therapy Management Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Medication Therapy Management Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Medication Therapy Management Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Medication Therapy Management Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Medication Therapy Management Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Medication Therapy Management Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Medication Therapy Management Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Medication Therapy Management Revenue, (US$, Mn), 2023-2028
Table 30. Cardinal Health Corporate Summary
Table 31. Cardinal Health Medication Therapy Management Product Offerings
Table 32. Cardinal Health Medication Therapy Management Revenue (US$, Mn), (2017-2022)
Table 33. TabularRasa Corporate Summary
Table 34. TabularRasa Medication Therapy Management Product Offerings
Table 35. TabularRasa Medication Therapy Management Revenue (US$, Mn), (2017-2022)
Table 36. WellCare Corporate Summary
Table 37. WellCare Medication Therapy Management Product Offerings
Table 38. WellCare Medication Therapy Management Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Medication Therapy Management Segment by Type in 2021
Figure 2. Medication Therapy Management Segment by Application in 2021
Figure 3. Global Medication Therapy Management Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Medication Therapy Management Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Medication Therapy Management Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Medication Therapy Management Revenue in 2021
Figure 8. By Type - Global Medication Therapy Management Revenue Market Share, 2017-2028
Figure 9. By Application - Global Medication Therapy Management Revenue Market Share, 2017-2028
Figure 10. By Region - Global Medication Therapy Management Revenue Market Share, 2017-2028
Figure 11. By Country - North America Medication Therapy Management Revenue Market Share, 2017-2028
Figure 12. US Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Medication Therapy Management Revenue Market Share, 2017-2028
Figure 16. Germany Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 17. France Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Medication Therapy Management Revenue Market Share, 2017-2028
Figure 24. China Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 28. India Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Medication Therapy Management Revenue Market Share, 2017-2028
Figure 30. Brazil Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Medication Therapy Management Revenue Market Share, 2017-2028
Figure 33. Turkey Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Medication Therapy Management Revenue, (US$, Mn), 2017-2028
Figure 37. Cardinal Health Medication Therapy Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. TabularRasa Medication Therapy Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. WellCare Medication Therapy Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)