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Adherence packaging market worth 917.7 million USD according to new research 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.

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The report "Adherence Packaging Market by System (Unit-dose, Multi-dose) Type (Blister Card, Pouch) Material (Plastic, Paper & Paperboard, Aluminum) End User (Retail, Long-term care facility, Hospital, Mail-order Pharmacies) - Global Forecast to 2022", The adherence packaging market witnessed healthy growth rate during the last decade and is expected to grow at a CAGR of 6.2% between 2017 and 2022 to reach USD 917.7 Million by 2022. The growth in this market is mainly attributed to factors such as high rate of medication nonadherence, growing need to minimize medication wastage, and technological advancements such as remote dispensing systems.

 Browse Report at www.marketsandmarkets.com/Market-R…m_medium=linkedin

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

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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.

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

 

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