[193 Pages Report] The global adherence packaging market is projected to reach USD 917.7 Million by 2022 from a base USD 646.0 Million in 2016, at a CAGR of 6.2%. Market growth can be attributed to the growing need to minimize medication wastage, high rate of medication nonadherence, and technological advancements such as remote dispensing systems. On the other hand, high installation and maintenance costs of automated systems are expected to restrain the overall market growth during the forecast period.

Years considered for this report

2016 � Base Year

2017 � Estimated Year

2022 � Projected Year

Objectives of the Study

To define, describe, and forecast the adherence packaging market on the basis of systems type, packaging type & material, end user, and region

To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

To strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market

To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the size of the market segments with respect to five main regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa

To profile key players and comprehensively analyze their market shares and core competencies in the global adherence packaging market

To track and analyze competitive developments such as partnerships, agreements, & collaborations; mergers & acquisitions; product developments; and geographical expansions in the global adherence packaging market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global medication adherence packaging market and estimate the size of various other dependent submarkets. Major players in the market were identified through secondary sources; directories; databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, journals and their market revenues were determined through primary and secondary research. Secondary research included the study of the annual and financial reports of top market players, whereas primary research included extensive interviews with the key opinion leaders such as CEOs, directors, and marketing executives. The percentage splits, shares, and breakdowns of the product markets were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

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The global medication adherence packaging market is consolidated in nature with the top five players, namely, Cardinal Health, Inc. (U.S.), Omnicell, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Talyst, LLC (U.S.), and Parata Systems LLC (U.S.) accounting for ~60% of the market share in 2016. The other players in this market include TCGRx (U.S.), McKesson Corporation (U.S.), KUKA AG (Germany), Pearson Medical Technologies LLC (U.S.), RxSafe, LLC (U.S.), ARxIUM, Inc. (U.S.), Manrex Limited (Canada), Accu-Chart Plus Healthcare Systems, Inc. (U.S.), Synergy Medical (Canada), Manchac Technologies, LLC (U.S.), Global Factories B.V. (Netherlands), Drug Package, LLC (U.S.), Jones Packaging Inc. (U.S.), American Health Packaging (AmerisourceBergen) (U.S.), and Medicine-On-Time (U.S.), who collectively accounted for a share of ~40% of the market in 2016. The leading players are continuously developing new and innovative products to maintain their shares in the adherence packaging market.

Target Audience:

Healthcare institutions (hospitals, medical schools, and outpatient clinics)

Pharmacy chains

Long-term care facilities

Corporate entities

Market research and consulting firms

Venture capitalists and investors

Scope of the Report

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

Global Medication Adherence Packaging Systems Market, By Type Unit-dose Packaging Systems Blister Card Packaging Systems Pouch/Strip Packaging Systems Multi-dose Packaging Systems Blister Card Packaging Systems Pouch/Strip Packaging Systems

Global Medication Adherence Packaging Market, By Type & Material By Type Blister Cards Pouches/Strips By Material Plastic PVC Rigid PVC PET PE PP Others Paper & paperboard Aluminum

Global Medication Adherence Packaging Market, By End User Retail Pharmacies Long-term Care Facilities Hospital Mail-order Pharmacies

Global Medication Adherence Packaging Market, By Region 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



Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolios of top companies

Geographic Analysis

Further breakdown of the Rest of Asia-Pacific into India, Australia, New Zealand, and others

Further breakdown of the Rest of Europe into Belgium, Russia, the Netherlands, Switzerland, and others

Further breakdown of the Rest of Latin America into Argentina, Colombia, Chile, and others

Company Information

Detailed analysis and profiling of additional market players (Up to 5)

The global adherence packaging market is projected to reach USD 917.7 Million by 2022 from an estimated USD 679.1 Million in 2017, at a CAGR of 6.2%. Market growth can be attributed to the growing need to minimize medication wastage, high rate of medication nonadherence, and technological advancements such as remote dispensing systems. On the other hand, high installation and maintenance costs of automated systems are expected to restrain the overall market growth during the forecast period.

In this report, the global medication adherence packaging market is segmented on the basis of systems type, packaging type & material, and end users. This report also provides market information on major regional segments, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

In 2016, the multi-dose packaging systems dominated the adherence systems market. The multi-dose packaging systems segment is further segmented into blister card packaging systems and strip/pouch packaging systems. The large share and high growth of this segment can primarily be attributed to the benefits of multi-dose packaging, such as assisting patients with complicated prescription regimens, ability to enhance patient safety, and elimination of medication waste.

Based on packaging type, the blister cards segment dominated the adherence packaging market. The large share and high growth of this segment can be attributed to enhanced medication shelf life, better tamper resistance, easy storage & transport, reduced medicine dispensing time, and improved medication adherence. By material, the adherence packaging market is classified into plastic film, paper & paperboard, and aluminum. The plastic film segment is expected to register the highest CAGR during the forecast period. The growth can be attributed to its transparency, malleability, lightweight, and cost-effectiveness.

The major end users of adherence packaging market are retail pharmacies, long-term care facilities, and hospitals. Long-term care is the fastest growing end user segment in the medication adherence packaging market during the forecast period. In 2016, the retail pharmacies dominated the adherence packaging market. Growing need to prevent dispensing errors and thereby improving the operational capacity are the factors driving the adoption of adherence packaging in retail pharmacies.

Geographically, the global adherence packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2016, North America dominated the global adherence packaging market. Factors such as the rising prevalence of chronic diseases, increase in healthcare expenditure, rapid growth in the aging population, growing pharmaceuticals market, high rate of medication nonadherence, and increase in funding by government agencies are driving the growth of the adherence packaging market in North America. Europe is the fastest-growing market for adherence packaging market. The growth of the adherence packaging market across the European region is primarily driven by the availability of significant government funding for R&D, presence of leading adherence packaging companies, increasing prevalence of cardiovascular diseases, and growth in aging population drives the demand for effective solutions.

The major players in the medication adherence packaging market are 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).

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