Medical Care

Global Medication Therapy Management Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

In 2024, the global market size of Medication Therapy Management was estimated to be worth US$ 134 million and is forecast to reach approximately US$ 273 million by 2031 with a CAGR of 10.8% during the forecast period 2025-2031.
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.
Report Scope
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, product type, application, and 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
India
Southeast Asia
Australia
Rest of Asia-Pacific
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 (product type, application, etc), including the market size of each market segment, future development potential, and so on.
Chapter 2: Revenue of Medication Therapy Management in global and regional level.
Chapter 3: Detailed analysis of Medication Therapy Management company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Medication Therapy Management revenue, gross margin, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion
1 Study Coverage
1.1 Medication Therapy Management Product Introduction
1.2 Market 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 Size Growth Rate 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 Executive Summary
2.1 Global Medication Therapy Management Market Size Estimates and Forecasts
2.2 Medication Therapy Management Market Size by Region: 2024 Versus 2031
2.2.1 Global Medication Therapy Management Revenue by Region: 2020-2025
2.2.2 Global Medication Therapy Management Revenue Forecast by Region (2026-2031)
2.2.3 Global Medication Therapy Management Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Medication Therapy Management Revenue by Type (2020-2031)
3.1.2 Global Medication Therapy Management Revenue Market Share by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Medication Therapy Management Revenue by Application (2020-2031)
3.2.2 Global Medication Therapy Management Revenue Market Share by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Inhouse Medication Therapy Management of Medication Therapy Management Revenue Market Share by Application
3.3.2 Outhouse Medication Therapy Management of Medication Therapy Management Revenue Market Share by Application
4 Global Medication Therapy Management by Company
4.1 Global Medication Therapy Management Revenue by Company (2020-2025)
4.2 Global Medication Therapy Management Revenue Share by Company (2020-2025)
4.3 Competitive Landscape
4.3.1 Key Medication Therapy Management Companies around the World: Ranking by Revenue
4.3.2 Global Medication Therapy Management Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.3.3 Global Medication Therapy Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 Global Medication Therapy Management Companies Headquarters & Product Type
4.4.1 Global Medication Therapy Management Companies Headquarters
4.4.2 Date of International Companies Enter into Medication Therapy Management Market
4.4.3 Global Medication Therapy Management Companies Product & Service
4.4.4 Inhouse Medication Therapy Management Revenue Market Share of Medication Therapy Management by Company
4.4.5 Outhouse Medication Therapy Management Revenue Market Share of Medication Therapy Management by Company
4.5 Global Medication Therapy Management Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Cardinal Health
5.1.1 Cardinal Health Corporation Information
5.1.2 Cardinal Health Description, Business Overview
5.1.3 Cardinal Health Medication Therapy Management Products Offered
5.1.4 Cardinal Health Medication Therapy Management Revenue and Gross Margin (2020-2025)
5.1.5 Cardinal Health Medication Therapy Management Revenue by Product in 2024
5.1.6 Cardinal Health Medication Therapy Management Revenue by Application in 2024
5.1.7 Cardinal Health Medication Therapy Management Revenue by Geographic Area in 2024
5.1.8 Cardinal Health Recent Developments
5.2 TabularRasa
5.2.1 TabularRasa Corporation Information
5.2.2 TabularRasa Description, Business Overview
5.2.3 TabularRasa Medication Therapy Management Products Offered
5.2.4 TabularRasa Medication Therapy Management Revenue and Gross Margin (2020-2025)
5.2.5 TabularRasa Medication Therapy Management Revenue by Product in 2024
5.2.6 TabularRasa Medication Therapy Management Revenue by Application in 2024
5.2.7 TabularRasa Medication Therapy Management Revenue by Geographic Area in 2024
5.2.8 TabularRasa Recent Developments
5.3 WellCare
5.3.1 WellCare Corporation Information
5.3.2 WellCare Description, Business Overview
5.3.3 WellCare Medication Therapy Management Products Offered
5.3.4 WellCare Medication Therapy Management Revenue and Gross Margin (2020-2025)
5.3.5 WellCare Medication Therapy Management Revenue by Product in 2024
5.3.6 WellCare Medication Therapy Management Revenue by Application in 2024
5.3.7 WellCare Medication Therapy Management Revenue by Geographic Area in 2024
5.3.8 WellCare Recent Developments
6 North America
6.1 North America Medication Therapy Management Market Size YoY Growth 2020-2031
6.2 North America Medication Therapy Management Market Facts & Figures by Country (2020-2031)
6.3 North America Medication Therapy Management Revenue by Type (2020-2025)
6.4 North America Medication Therapy Management Revenue by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Medication Therapy Management Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Medication Therapy Management Market Facts & Figures by Region (2020-2031)
7.3 Asia-Pacific Medication Therapy Management Revenue by Type (2020-2025)
7.4 Asia-Pacific Medication Therapy Management Revenue by Application (2020-2025)
8 Europe
8.1 Europe Medication Therapy Management Market Size YoY Growth 2020-2031
8.2 Europe Medication Therapy Management Market Facts & Figures by Country (2020-2031)
8.3 Europe Medication Therapy Management Revenue by Type (2020-2025)
8.4 Europe Medication Therapy Management Revenue by Application (2020-2025)
9 Latin America
9.1 Latin America Medication Therapy Management Market Size YoY Growth 2020-2031
9.2 Latin America Medication Therapy Management Market Facts & Figures by Country (2020-2031)
9.3 Latin America Medication Therapy Management Revenue by Type (2020-2025)
9.4 Latin America Medication Therapy Management Revenue by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Medication Therapy Management Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Medication Therapy Management Market Facts & Figures by Country (2020-2031)
10.3 Middle East and Africa Medication Therapy Management Revenue by Type (2020-2025)
10.4 Middle East and Africa Medication Therapy Management Revenue by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Medication Therapy Management Supply Chain Analysis
11.2 Medication Therapy Management Key Raw Materials and Upstream Suppliers
11.3 Medication Therapy Management Clients Analysis
11.4 Medication Therapy Management Sales Channel and Sales Model Analysis
11.4.1 Medication Therapy Management Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Medication Therapy Management Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Medication Therapy Management Distributors
12 Medication Therapy Management Market Dynamics
12.1 Medication Therapy Management Industry Trends
12.2 Medication Therapy Management Market Drivers
12.3 Medication Therapy Management Market Challenges
12.4 Medication Therapy Management Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
List of Tables
Table 1. Global Medication Therapy Management Market Size Growth Rate (CAGR) by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Medication Therapy Management Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Medication Therapy Management Market Size by Region (US$ Million): 2024 VS 2031
Table 4. Global Medication Therapy Management Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global Medication Therapy Management Revenue Forecast by Region (2026-2031) & (US$ Million)
Table 6. Global Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 7. Global Medication Therapy Management Revenue Forecast by Type (2026-2031) & (US$ Million)
Table 8. Global Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 9. Global Medication Therapy Management Revenue Forecast by Application (2026-2031) & (US$ Million)
Table 10. Medication Therapy Management Revenue by Company (2020-2025) & (US$ Million)
Table 11. Medication Therapy Management Revenue Share by Company (2020-2025)
Table 12. Ranking of Global Top Medication Therapy Management Players by Revenue (US$ Million) in 2024
Table 13. Global Medication Therapy Management Companies Market Concentration Ratio (CR5 and HHI) & (2020-2025)
Table 14. Global Medication Therapy Management by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medication Therapy Management as of 2024)
Table 15. Global Medication Therapy Management Companies Headquarters
Table 16. Date of International Companies Enter into Medication Therapy Management Market
Table 17. Global Medication Therapy Management Companies Product & Service
Table 18. Global Medication Therapy Management Mergers & Acquisitions, Expansion Plans
Table 19. Cardinal Health Corporation Information
Table 20. Cardinal Health Description and Business Overview
Table 21. Cardinal Health Medication Therapy Management Product
Table 22. Cardinal Health Medication Therapy Management Revenue (US$ Million) and Gross Margin (2020-2025)
Table 23. Cardinal Health Revenue Proportion of Medication Therapy Management by Product in 2024
Table 24. Cardinal Health Revenue Proportion of Medication Therapy Management by Application in 2024
Table 25. Cardinal Health Revenue Proportion of Medication Therapy Management by Geographic Area in 2024
Table 26. Cardinal Health Recent Developments
Table 27. TabularRasa Corporation Information
Table 28. TabularRasa Description and Business Overview
Table 29. TabularRasa Medication Therapy Management Product
Table 30. TabularRasa Medication Therapy Management Revenue (US$ Million) and Gross Margin (2020-2025)
Table 31. TabularRasa Revenue Proportion of Medication Therapy Management by Product in 2024
Table 32. TabularRasa Revenue Proportion of Medication Therapy Management by Application in 2024
Table 33. TabularRasa Revenue Proportion of Medication Therapy Management by Geographic Area in 2024
Table 34. TabularRasa Recent Developments
Table 35. WellCare Corporation Information
Table 36. WellCare Description and Business Overview
Table 37. WellCare Medication Therapy Management Product
Table 38. WellCare Medication Therapy Management Revenue (US$ Million) and Gross Margin (2020-2025)
Table 39. WellCare Revenue Proportion of Medication Therapy Management by Product in 2024
Table 40. WellCare Revenue Proportion of Medication Therapy Management by Application in 2024
Table 41. WellCare Revenue Proportion of Medication Therapy Management by Geographic Area in 2024
Table 42. WellCare Recent Developments
Table 43. North America Medication Therapy Management Revenue by Country (2020-2025) & (US$ Million)
Table 44. North America Medication Therapy Management Revenue by Country (2026-2031) & (US$ Million)
Table 45. North America Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 46. North America Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 47. Asia-Pacific Medication Therapy Management Revenue by Region (2020-2025) & (US$ Million)
Table 48. Asia-Pacific Medication Therapy Management Revenue by Region (2026-2031) & (US$ Million)
Table 49. Asia-Pacific Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 50. Asia-Pacific Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 51. Europe Medication Therapy Management Revenue by Country (2020-2025) & (US$ Million)
Table 52. Europe Medication Therapy Management Revenue by Country (2026-2031) & (US$ Million)
Table 53. Europe Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 54. Europe Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 55. Latin America Medication Therapy Management Revenue by Country (2020-2025) & (US$ Million)
Table 56. Latin America Medication Therapy Management Revenue by Country (2026-2031) & (US$ Million)
Table 57. Latin America Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 58. Latin America Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 59. Middle East and Africa Medication Therapy Management Revenue by Country (2020-2025) & (US$ Million)
Table 60. Middle East and Africa Medication Therapy Management Revenue by Country (2026-2031) & (US$ Million)
Table 61. Middle East and Africa Medication Therapy Management Revenue by Type (2020-2025) & (US$ Million)
Table 62. Middle East and Africa Medication Therapy Management Revenue by Application (2020-2025) & (US$ Million)
Table 63. Medication Therapy Management Key Raw Materials, Industry Status and Trend
Table 64. Medication Therapy Management Key Raw Materials and Upstream Suppliers
Table 65. Medication Therapy Management Clients Status and Trend
Table 66. Medication Therapy Management Typical Clients
Table 67. Medication Therapy Management Distributors
Table 68. Medication Therapy Management Market Trends
Table 69. Medication Therapy Management Market Drivers
Table 70. Medication Therapy Management Market Challenges
Table 71. Medication Therapy Management Market Restraints
Table 72. Research Programs/Design for This Report
Table 73. Key Data Information from Secondary Sources
Table 74. Key Data Information from Primary Sources


List of Figures
Figure 1. Medication Therapy Management Product Picture
Figure 2. Global Medication Therapy Management Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
Figure 3. Global Medication Therapy Management Revenue Market Share by Type in 2024 & 2031
Figure 4. Inhouse Medication Therapy Management Product Picture
Figure 5. Outhouse Medication Therapy Management Product Picture
Figure 6. Global Medication Therapy Management Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
Figure 7. Global Medication Therapy Management Revenue Market Share by Application in 2024 & 2031
Figure 8. Medicalcare Plans
Figure 9. Self-paying Patients
Figure 10. Medication Therapy Management Report Years Considered
Figure 11. Global Medication Therapy Management Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 12. Global Medication Therapy Management Market Size (2020-2031) & (US$ Million)
Figure 13. Global Medication Therapy Management Market Size Market Share by Region: 2024 Versus 2031
Figure 14. Global Medication Therapy Management Revenue Market Share by Region (2020-2031)
Figure 15. Global Medication Therapy Management Revenue Market Share Forecast by Type (2020-2031)
Figure 16. Global Medication Therapy Management Revenue Market Share Forecast by Application (2020-2031)
Figure 17. Inhouse Medication Therapy Management of Medication Therapy Management Revenue Market Share by Application, 2024 VS 2031
Figure 18. Outhouse Medication Therapy Management of Medication Therapy Management Revenue Market Share by Application, 2024 VS 2031
Figure 19. Medication Therapy Management Revenue Share by Company (2024)
Figure 20. Medication Therapy Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 21. Inhouse Medication Therapy Management Revenue Proportion by Company in 2024
Figure 22. Outhouse Medication Therapy Management Revenue Proportion by Company in 2024
Figure 23. North America Medication Therapy Management Revenue 2020-2031 (US$ Million)
Figure 24. North America Medication Therapy Management Revenue Market Share by Type (2020-2025)
Figure 25. North America Medication Therapy Management Revenue Market Share by Application (2020-2025)
Figure 26. Asia-Pacific Medication Therapy Management Revenue 2020-2031 (US$ Million)
Figure 27. Asia-Pacific Medication Therapy Management Revenue Market Share by Region (2020-2031)
Figure 28. Asia-Pacific Medication Therapy Management Revenue Market Share by Type (2020-2025)
Figure 29. Asia-Pacific Medication Therapy Management Revenue Market Share by Application (2020-2025)
Figure 30. Europe Medication Therapy Management Revenue Growth Rate 2020-2031 (US$ Million)
Figure 31. Europe Medication Therapy Management Revenue Market Share by Country (2020-2031)
Figure 32. Europe Medication Therapy Management Revenue Market Share by Type (2020-2025)
Figure 33. Europe Medication Therapy Management Revenue Market Share by Application (2020-2025)
Figure 34. Latin America Medication Therapy Management Revenue Growth Rate 2020-2031 (US$ Million)
Figure 35. Latin America Medication Therapy Management Revenue Market Share by Country (2020-2031)
Figure 36. Latin America Medication Therapy Management Revenue Market Share by Type (2020-2025)
Figure 37. Latin America Medication Therapy Management Revenue Market Share by Application (2020-2025)
Figure 38. Middle East and Africa Medication Therapy Management Revenue Growth Rate 2020-2031 (US$ Million)
Figure 39. Middle East and Africa Medication Therapy Management Revenue Market Share by Country (2020-2031)
Figure 40. Middle East and Africa Medication Therapy Management Revenue Market Share by Type (2020-2025)
Figure 41. Middle East and Africa Medication Therapy Management Revenue Market Share by Application (2020-2025)
Figure 42. Medication Therapy Management Supply Chain (Upstream and Downstream Market)
Figure 43. Global Production Market Share of Medication Therapy Management Raw Materials by Region in 2024
Figure 44. Medication Therapy Management Distribution Channels
Figure 45. Global Medication Therapy Management Percentage 2020-2031: Indirect Sales VS Direct Sales
Figure 46. Global Medication Therapy Management Percentage 2020-2031: Online Sales VS Offline Sales
Figure 47. Bottom-up and Top-down Approaches for This Report
Figure 48. Data Triangulation
Figure 49. Key Executives Interviewed
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