Daten aus dem Cache geladen. Medication Adherence Packaging Market Size is projected to reach...

Medication Adherence Packaging Market Size is projected to reach USD 1.25 Billion by 2027, growing at a CAGR of 6.5%

0
2K

The global Medication Adherence Packaging Market size is expected to reach USD 1.25 Billion in 2027 and register a revenue CAGR of 6.5% over the forecast period, according to the latest report by Reports and Data. Medicines are critical tools for effectively preventing and treating chronic disease; however, despite their high value and established effectiveness, proper medication administration continues to be a challenge for both patients and physicians.

Additionally, patients do not adhere to prescribed medications, resulting in suboptimal clinical outcomes, increased medical expenses, and negative consequences on workplace efficiency and general public health. Appropriate medication scheduling reduces the danger of patients being over- or under-medicated. Patients' prescriptions will be packaged for homebound consumers and delivered directly to their door.

Medication adherence packaging in pharmacies may also include a card for the patient to present to their medical practitioners, which includes a complete list of medications, their strengths, and the required dosing instructions, in order to provide all prescribing physicians with a comprehensive summary of the patient's clinical regimen. Both of these benefits of adherence are expected to drive demand increase throughout the projection period.

Retail pharmacies are currently focused on the potential impact on their day-to-day operations, expense, software interface design, staff education, and compliance with state and federal regulations.

Pharmacies will also increase their productivity by utilising adherence packaging systems for oral-solid drugs, as research can be prepared for days with higher monthly refill levels, and consistency will be significantly improved, as the entire adherence packaging process utilises barcoding, standardised trays, and even barcoding for medical-to-bed services in hospital outpatient pharmacies or clinics.

Get a sample copy of the Medication Adherence Packaging Market report, visit: https://www.reportsanddata.com/sample-enquiry-form/3514

Some Key Highlights from the Report

  • In 2019, the market for adherence systems was dominated by multi-dose packaging systems. This segment's substantial market share and rapid expansion can be ascribed mostly to the benefits of multi-dose packaging, which include supporting patients with complicated prescription regimens, enhancing patient safety, and eliminating pharmaceutical waste.
  • The medication adherence packaging market is segmented by material into three segments: plastic film, paper & paperboard, and aluminium. During the projected period, the plastic film segment is expected to grow at the fastest rate. The rise is due to the material's transparency, malleability, lightweight nature, and cost-effectiveness.
  • Retail pharmacies, long-term care homes, and hospitals are the primary end consumers of adherence packaging. During the projection period, long-term care would be the fastest expanding end user sector in the medication adherence packaging market.
  • In 2019, retail pharmacies led the market for adherence packaging. The increasing need to eliminate dispensing errors and hence increase operating capacity is driving the adoption of adherence packaging in retail pharmacies.
  • North America led the market in 2019. Chronic disease prevalence is increasing, the ageing population is growing rapidly, healthcare expenditure is increasing, the pharmaceuticals market is growing, medication non-adherence is high, and government financing is increasing, all of which are supporting the industry's expansion in the region.
  • The key players in the medication adherence packaging market include Becton, Dickinson, and Company (U.S.), Omnicell, Inc. (U.S.), Cardinal Health, Inc. (U.S.), McKesson Corporation (U.S.), Parata Systems LLC (U.S), TCGRx (U.S.), RxSafe, LLC (U.S.), Pearson Medical Technologies, LLC (U.S.), Talyst, LLC. (U.S.), Parata Systems LLC (U.S.), ARxIUM, Inc. (Canada), and KUKA AG (Germany).

To know more about the latest insights of the report, visit: https://www.reportsanddata.com/request-latest-insight/3514

The research report categorizes the global adherence packaging market into the following segments and sub-segments:

Type Outlook (Revenue, USD Billion; 2018-2028)

  • Unit-dose Packaging Systems
    • Blister Card
    • Pouch/Strip
  • Multi-dose Packaging Systems
    • Blister Card
    • Pouch/Strip

Material Outlook (Revenue, USD Billion; 2018-2028)

  • Plastic
  • PVC
  • Rigid PVC
  • PET
  • PE
  • PP
  • Others
  • Paper & paperboard
  • Aluminum

End User Outlook (Revenue, USD Billion; 2018-2028)

  • Retail Pharmacies
  • Long-term Care Facilities
  • Hospital
  • Mail-order Pharmacies

Region Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • U.K
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Middle East and Africa

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/3514

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

About Reports and Data                                       

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact:

John W, Head of Business Development
Reports And Data | Web: 
www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: 
sales@reportsanddata.com
LinkedIn | Twitter | Blogs

Pesquisar
Categorias
Leia Mais
IT, Cloud, Software and Technology
?How To  Create Binance Clone Script  and Grab The Halloween offers - Bitdeal
What Is Binance Clone Script? As a  leading Cryptocurrency exchange development company ,...
Por Jack Daniels 2024-10-22 09:35:16 0 236
Outro
Experience Unforgettable Moments with Guwahati Call Girls
Looking for an unforgettable experience in Guwahati? Our call girls will give you an...
Por Komal Das 2023-11-09 04:12:26 0 2كيلو بايت
Outro
US Travel and Tourism Market 2030: Top Companies, Trends, Growth Factors Details by Regions, Types and Applications 2032
The United Kingdom boasts a rich tapestry of history, culture, and natural beauty, making it a...
Por Ajay Rajmane 2024-04-12 11:02:35 0 832
Health
Redefining Relationships with Cenforce Tablets
Connections are the foundation of human existence, offering affection, friendship, and backing....
Por Medicine Allday 2023-10-27 11:18:35 0 1كيلو بايت
Outro
X-ray Inspection System for Secondary Battery Market Size, Share, Industry Trends, Growth By 2032
Making accurate business decisions is always a tough task. However, if the company has acquired...
Por Geeta Desai 2024-09-17 10:14:02 0 276