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Global Medication Therapy Management Market Research Report 2025

Global Medication Therapy Management Market Research Report 2025

Publishing Date : Apr, 2025

License Type :
 

Report Code : 1706569

No of Pages : 66

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Synopsis
The global market for Medication Therapy Management was valued at US$ 134 million in the year 2024 and is projected to reach a revised size of US$ 273 million by 2031, growing at a CAGR of 10.8% during the forecast 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.
This report aims to provide a comprehensive presentation of the global market for Medication Therapy Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medication Therapy Management.
The Medication Therapy Management market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Medication Therapy Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medication Therapy Management companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cardinal Health
TabularRasa
WellCare
Segment by Type
Inhouse Medication Therapy Management
Outhouse Medication Therapy Management
Segment by Application
Medicalcare Plans
Self-paying Patients
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medication Therapy Management company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medication Therapy Management Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Inhouse Medication Therapy Management
1.2.3 Outhouse Medication Therapy Management
1.3 Market by Application
1.3.1 Global Medication Therapy Management Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Medicalcare Plans
1.3.3 Self-paying Patients
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medication Therapy Management Market Perspective (2020-2031)
2.2 Global Medication Therapy Management Growth Trends by Region
2.2.1 Global Medication Therapy Management Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Medication Therapy Management Historic Market Size by Region (2020-2025)
2.2.3 Medication Therapy Management Forecasted Market Size by Region (2026-2031)
2.3 Medication Therapy Management Market Dynamics
2.3.1 Medication Therapy Management Industry Trends
2.3.2 Medication Therapy Management Market Drivers
2.3.3 Medication Therapy Management Market Challenges
2.3.4 Medication Therapy Management Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medication Therapy Management Players by Revenue
3.1.1 Global Top Medication Therapy Management Players by Revenue (2020-2025)
3.1.2 Global Medication Therapy Management Revenue Market Share by Players (2020-2025)
3.2 Global Medication Therapy Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Medication Therapy Management Revenue
3.4 Global Medication Therapy Management Market Concentration Ratio
3.4.1 Global Medication Therapy Management Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medication Therapy Management Revenue in 2024
3.5 Global Key Players of Medication Therapy Management Head office and Area Served
3.6 Global Key Players of Medication Therapy Management, Product and Application
3.7 Global Key Players of Medication Therapy Management, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Medication Therapy Management Breakdown Data by Type
4.1 Global Medication Therapy Management Historic Market Size by Type (2020-2025)
4.2 Global Medication Therapy Management Forecasted Market Size by Type (2026-2031)
5 Medication Therapy Management Breakdown Data by Application
5.1 Global Medication Therapy Management Historic Market Size by Application (2020-2025)
5.2 Global Medication Therapy Management Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Medication Therapy Management Market Size (2020-2031)
6.2 North America Medication Therapy Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Medication Therapy Management Market Size by Country (2020-2025)
6.4 North America Medication Therapy Management Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medication Therapy Management Market Size (2020-2031)
7.2 Europe Medication Therapy Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Medication Therapy Management Market Size by Country (2020-2025)
7.4 Europe Medication Therapy Management Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medication Therapy Management Market Size (2020-2031)
8.2 Asia-Pacific Medication Therapy Management Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Medication Therapy Management Market Size by Region (2020-2025)
8.4 Asia-Pacific Medication Therapy Management Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medication Therapy Management Market Size (2020-2031)
9.2 Latin America Medication Therapy Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Medication Therapy Management Market Size by Country (2020-2025)
9.4 Latin America Medication Therapy Management Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medication Therapy Management Market Size (2020-2031)
10.2 Middle East & Africa Medication Therapy Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Medication Therapy Management Market Size by Country (2020-2025)
10.4 Middle East & Africa Medication Therapy Management Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Cardinal Health
11.1.1 Cardinal Health Company Details
11.1.2 Cardinal Health Business Overview
11.1.3 Cardinal Health Medication Therapy Management Introduction
11.1.4 Cardinal Health Revenue in Medication Therapy Management Business (2020-2025)
11.1.5 Cardinal Health Recent Development
11.2 TabularRasa
11.2.1 TabularRasa Company Details
11.2.2 TabularRasa Business Overview
11.2.3 TabularRasa Medication Therapy Management Introduction
11.2.4 TabularRasa Revenue in Medication Therapy Management Business (2020-2025)
11.2.5 TabularRasa Recent Development
11.3 WellCare
11.3.1 WellCare Company Details
11.3.2 WellCare Business Overview
11.3.3 WellCare Medication Therapy Management Introduction
11.3.4 WellCare Revenue in Medication Therapy Management Business (2020-2025)
11.3.5 WellCare Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
List of Tables
Table 1. Global Medication Therapy Management Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Key Players of Inhouse Medication Therapy Management
Table 3. Key Players of Outhouse Medication Therapy Management
Table 4. Global Medication Therapy Management Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 5. Global Medication Therapy Management Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 6. Global Medication Therapy Management Market Size by Region (2020-2025) & (US$ Million)
Table 7. Global Medication Therapy Management Market Share by Region (2020-2025)
Table 8. Global Medication Therapy Management Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 9. Global Medication Therapy Management Market Share by Region (2026-2031)
Table 10. Medication Therapy Management Market Trends
Table 11. Medication Therapy Management Market Drivers
Table 12. Medication Therapy Management Market Challenges
Table 13. Medication Therapy Management Market Restraints
Table 14. Global Medication Therapy Management Revenue by Players (2020-2025) & (US$ Million)
Table 15. Global Medication Therapy Management Market Share by Players (2020-2025)
Table 16. Global Top Medication Therapy Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medication Therapy Management as of 2024)
Table 17. Ranking of Global Top Medication Therapy Management Companies by Revenue (US$ Million) in 2024
Table 18. Global 5 Largest Players Market Share by Medication Therapy Management Revenue (CR5 and HHI) & (2020-2025)
Table 19. Global Key Players of Medication Therapy Management, Headquarters and Area Served
Table 20. Global Key Players of Medication Therapy Management, Product and Application
Table 21. Global Key Players of Medication Therapy Management, Date of Enter into This Industry
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Medication Therapy Management Market Size by Type (2020-2025) & (US$ Million)
Table 24. Global Medication Therapy Management Revenue Market Share by Type (2020-2025)
Table 25. Global Medication Therapy Management Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 26. Global Medication Therapy Management Revenue Market Share by Type (2026-2031)
Table 27. Global Medication Therapy Management Market Size by Application (2020-2025) & (US$ Million)
Table 28. Global Medication Therapy Management Revenue Market Share by Application (2020-2025)
Table 29. Global Medication Therapy Management Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 30. Global Medication Therapy Management Revenue Market Share by Application (2026-2031)
Table 31. North America Medication Therapy Management Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 32. North America Medication Therapy Management Market Size by Country (2020-2025) & (US$ Million)
Table 33. North America Medication Therapy Management Market Size by Country (2026-2031) & (US$ Million)
Table 34. Europe Medication Therapy Management Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 35. Europe Medication Therapy Management Market Size by Country (2020-2025) & (US$ Million)
Table 36. Europe Medication Therapy Management Market Size by Country (2026-2031) & (US$ Million)
Table 37. Asia-Pacific Medication Therapy Management Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
Table 38. Asia-Pacific Medication Therapy Management Market Size by Region (2020-2025) & (US$ Million)
Table 39. Asia-Pacific Medication Therapy Management Market Size by Region (2026-2031) & (US$ Million)
Table 40. Latin America Medication Therapy Management Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 41. Latin America Medication Therapy Management Market Size by Country (2020-2025) & (US$ Million)
Table 42. Latin America Medication Therapy Management Market Size by Country (2026-2031) & (US$ Million)
Table 43. Middle East & Africa Medication Therapy Management Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 44. Middle East & Africa Medication Therapy Management Market Size by Country (2020-2025) & (US$ Million)
Table 45. Middle East & Africa Medication Therapy Management Market Size by Country (2026-2031) & (US$ Million)
Table 46. Cardinal Health Company Details
Table 47. Cardinal Health Business Overview
Table 48. Cardinal Health Medication Therapy Management Product
Table 49. Cardinal Health Revenue in Medication Therapy Management Business (2020-2025) & (US$ Million)
Table 50. Cardinal Health Recent Development
Table 51. TabularRasa Company Details
Table 52. TabularRasa Business Overview
Table 53. TabularRasa Medication Therapy Management Product
Table 54. TabularRasa Revenue in Medication Therapy Management Business (2020-2025) & (US$ Million)
Table 55. TabularRasa Recent Development
Table 56. WellCare Company Details
Table 57. WellCare Business Overview
Table 58. WellCare Medication Therapy Management Product
Table 59. WellCare Revenue in Medication Therapy Management Business (2020-2025) & (US$ Million)
Table 60. WellCare Recent Development
Table 61. Research Programs/Design for This Report
Table 62. Key Data Information from Secondary Sources
Table 63. Key Data Information from Primary Sources
Table 64. Authors List of This Report


List of Figures
Figure 1. Medication Therapy Management Picture
Figure 2. Global Medication Therapy Management Market Size Comparison by Type (2020-2031) & (US$ Million)
Figure 3. Global Medication Therapy Management Market Share by Type: 2024 VS 2031
Figure 4. Inhouse Medication Therapy Management Features
Figure 5. Outhouse Medication Therapy Management Features
Figure 6. Global Medication Therapy Management Market Size by Application (2020-2031) & (US$ Million)
Figure 7. Global Medication Therapy Management Market Share by Application: 2024 VS 2031
Figure 8. Medicalcare Plans Case Studies
Figure 9. Self-paying Patients Case Studies
Figure 10. Medication Therapy Management Report Years Considered
Figure 11. Global Medication Therapy Management Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 12. Global Medication Therapy Management Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global Medication Therapy Management Market Share by Region: 2024 VS 2031
Figure 14. Global Medication Therapy Management Market Share by Players in 2024
Figure 15. Global Top Medication Therapy Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medication Therapy Management as of 2024)
Figure 16. The Top 10 and 5 Players Market Share by Medication Therapy Management Revenue in 2024
Figure 17. North America Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 18. North America Medication Therapy Management Market Share by Country (2020-2031)
Figure 19. United States Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 20. Canada Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 21. Europe Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 22. Europe Medication Therapy Management Market Share by Country (2020-2031)
Figure 23. Germany Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24. France Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 25. U.K. Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 26. Italy Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27. Russia Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28. Nordic Countries Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29. Asia-Pacific Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30. Asia-Pacific Medication Therapy Management Market Share by Region (2020-2031)
Figure 31. China Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32. Japan Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33. South Korea Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34. Southeast Asia Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35. India Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36. Australia Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37. Latin America Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38. Latin America Medication Therapy Management Market Share by Country (2020-2031)
Figure 39. Mexico Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40. Brazil Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41. Middle East & Africa Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 42. Middle East & Africa Medication Therapy Management Market Share by Country (2020-2031)
Figure 43. Turkey Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44. Saudi Arabia Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 45. UAE Medication Therapy Management Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 46. Cardinal Health Revenue Growth Rate in Medication Therapy Management Business (2020-2025)
Figure 47. TabularRasa Revenue Growth Rate in Medication Therapy Management Business (2020-2025)
Figure 48. WellCare Revenue Growth Rate in Medication Therapy Management Business (2020-2025)
Figure 49. Bottom-up and Top-down Approaches for This Report
Figure 50. Data Triangulation
Figure 51. Key Executives Interviewed

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