The adherence packaging market is a significant sector within the global pharmaceutical industry. Adherence packaging is a method used to package patient's medications in an organized manner, with the aim of increasing the likelihood of patients taking their medication as prescribed. This packaging system is designed to improve medication adherence, reduce medication errors, and enhance patient safety.
The global adherence packaging market size is expected to reach USD 1,686.6 Million in 2032 and register a steady revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. One of the primary drivers for the growth of the adherence packaging market is the increasing prevalence of chronic diseases worldwide. Patients with chronic diseases often require long-term medication, and adherence packaging helps ensure that they take their medication correctly and consistently. This has led to a surge in demand for adherence packaging, thereby driving the adherence packaging market growth.
Moreover, the growing geriatric population is another factor contributing to the market growth. Older adults often have multiple medications to manage various health conditions, making medication management a complex task. Adherence packaging simplifies this task by organizing medications in a way that is easy to understand and follow, further propelling its market growth.
However, the adherence packaging market also faces several restraints. The high cost of adherence packaging and the lack of awareness about its benefits in some regions are some of the challenges that could hinder the adherence packaging market growth.
Despite these challenges, the adherence packaging market is expected to witness substantial growth in the coming years, thanks to several growth factors. Technological advancements in packaging technology and the growing focus on patient-centric healthcare are expected to create new opportunities for the market.
The Global Adherence Packaging Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Adherence Packaging industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Adherence Packaging market along with crucial statistical data about the Adherence Packaging market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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Key companies operating in the Adherence Packaging market include:
Omnicell, Parata Systems, MCKESSON CORPORATION, Cardinal Health, BD, KUKA AG, PEARSON MEDICAL TECHNOLOGIES, RxSafe, LLC., ARxIUM, and Manrex Ltd
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Adherence Packaging market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Adherence Packaging Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Adherence Packaging Market Segmentation:
Type Outlook (Revenue, USD Million; 2019–2032)
- Unit-dose Packaging Systems
- Blister Card Packaging Systems
- Pouch/Strip Packaging Systems
- Multi-dose Packaging Systems
- Blister Card Packaging Systems
- Pouch/Strip Packaging Systems
- Unit-dose Packaging Systems
Material Outlook (Revenue, USD Million; 2019–2032)
- Plastic
- Polyvinyl Chloride (PVC)
- Rigid PVC
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polypropylene (PP)
- Others
- Paper Paperboard
- Aluminum
- Plastic
End-Use Outlook (Revenue, USD Million; 2019–2032)
- Retail Pharmacies
- Long-term Care Facilities
- Hospital
- Mail-Order Pharmacies
Adherence Packaging Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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