Key players on 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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The adherence packaging market is projected to reach USD 917.7 million by 2022 from an estimated USD 679.1 million in 2017, at 6.2% CAGR. Multi-dose packaging systems segment is further segmented into blister cards packaging systems, pouches/strips packaging systems. On basis of systems, adherence packaging market is categorized into multi-dose packaging systems & unit-dose packaging systems.
2 Market Share Analysis
3 Competitive Leadership Mapping
4 Visionary Leaders
6 Emerging Companies
7 Dynamic Differentiators
8 Competitive Benchmarking
9 Strength of Product Portfolio
10 Business Strategy Excellence
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.
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The growth of the adherence packaging market across Europe is primarily driven by the availability of significant government funding for R&D, presence of prominent adherence packaging companies, increasing prevalence of cardiovascular disease, and growth in aging population, which significantly increases the burden on European healthcare systems and boost the demand for effective and efficient solutions.
1 Growth Potential of the Medication Adherence Packaging Market
2 APAC: Medication Adherence Packaging Market, By End User
3 Geographic Snapshot of the Medication Adherence Packaging Market
4 Medication Adherence Packaging Market, By Type, 2017 vs 2022 (USD Million)
5 Medication Adherence Packaging Market: Regional Mix
Adherence packaging market is categorized into multi-dose packaging systems and unit-dose packaging systems. Multi-dose packaging systems segment further segmented into blister cards packaging systems, pouches/strips packaging systems. High growth of this segment can primarily be attributed to benefits of multi-dose packaging, like assisting patients with complicated prescription regimens, ability to enhance patient safety, and elimination of medication waste.
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- 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
European market shows significant growth potential for the adherence packaging market. Europe is also the fastest-growing market for adherence packaging. 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.